Should I buy or sell Lockheed Martin stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LMT, but not buy additional shares or sell existing shares. View LMT analyst ratings or view top-rated stocks .

What is Lockheed Martin's stock price target for 2024?

12 analysts have issued 12 month price targets for Lockheed Martin's shares. Their LMT share price targets range from $440.00 to $550.00. On average, they expect the company's share price to reach $491.92 in the next year. This suggests a possible upside of 15.3% from the stock's current price. View analysts price targets for LMT or view top-rated stocks among Wall Street analysts .

How have LMT shares performed in 2024?

Lockheed Martin's stock was trading at $453.24 at the beginning of the year. Since then, LMT stock has decreased by 5.9% and is now trading at $426.50. View the best growth stocks for 2024 here .

Are investors shorting Lockheed Martin?

Lockheed Martin saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,970,000 shares, a decline of 14.3% from the December 31st total of 2,300,000 shares. Based on an average daily volume of 1,170,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.8% of the company's stock are short sold. View Lockheed Martin's Short Interest .

When is Lockheed Martin's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 16th 2024. View our LMT earnings forecast .

How were Lockheed Martin's earnings last quarter?

Lockheed Martin Co. (NYSE:LMT) posted its quarterly earnings data on Tuesday, January, 23rd. The aerospace company reported $7.90 earnings per share for the quarter, beating analysts' consensus estimates of $7.26 by $0.64. The aerospace company had revenue of $18.87 billion for the quarter, compared to analyst estimates of $17.96 billion. Lockheed Martin had a net margin of 10.24% and a trailing twelve-month return on equity of 79.91%. The company's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the company earned $7.79 earnings per share. Read the conference call transcript .

How often does Lockheed Martin pay dividends? What is the dividend yield for Lockheed Martin?

Lockheed Martin declared a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Friday, March 1st will be given a dividend of $3.15 per share on Friday, March 29th. This represents a $12.60 annualized dividend and a dividend yield of 2.95%. The ex-dividend date is Thursday, February 29th. Read our dividend analysis for LMT .

Is Lockheed Martin a good dividend stock?

Lockheed Martin (NYSE:LMT) pays an annual dividend of $12.60 per share and currently has a dividend yield of 2.95%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 45.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LMT will have a dividend payout ratio of 43.93% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LMT .

What ETFs hold Lockheed Martin's stock?

ETFs with the largest weight of Lockheed Martin (NYSE:LMT) stock in their portfolio include First Trust Indxx Aerospace & Defense ETF (MISL) , VictoryShares Protect America ETF (SHLD) , iShares U.S. Aerospace & Defense ETF (ITA) , Invesco Aerospace & Defense ETF (PPA) , Constrained Capital ESG Orphans ETF (ORFN) , BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) , SPDR S&P Aerospace & Defense ETF (XAR) and SPDR S&P Kensho Final Frontiers ETF (ROKT) .

What guidance has Lockheed Martin issued on next quarter's earnings?

Lockheed Martin updated its FY 2024 earnings guidance on Tuesday, January, 23rd. The company provided earnings per share guidance of 25.650-26.350 for the period, compared to the consensus earnings per share estimate of 26.620. The company issued revenue guidance of $68.5 billion-$70.0 billion, compared to the consensus revenue estimate of $68.7 billion.

What is James D. Taiclet's approval rating as Lockheed Martin's CEO?

147 employees have rated Lockheed Martin Chief Executive Officer James D. Taiclet on Glassdoor.com . James D. Taiclet has an approval rating of 92% among the company's employees. This puts James D. Taiclet in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Lockheed Martin own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lockheed Martin investors own include Johnson & Johnson (JNJ) , Boeing (BA) , NVIDIA (NVDA) , Walt Disney (DIS) , Home Depot (HD) , AT&T (T) , Intel (INTC) , Cisco Systems (CSCO) , Alibaba Group (BABA) and JPMorgan Chase & Co. (JPM) .

Who are Lockheed Martin's major shareholders?

Lockheed Martin's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (2.33%), Wells Fargo & Company MN (1.07%), Franklin Resources Inc. (1.07%), International Assets Investment Management LLC (0.55%), Dimensional Fund Advisors LP (0.43%) and California Public Employees Retirement System (0.41%). Insiders that own company stock include Brian P Colan , Gregory M Ulmer , John Donovan , John Frank A St, John Frank A St , Kenneth R Possenriede , Maryanne Lavan , Richard F Ambrose, Richard F Ambrose , Stephanie C Hill and Timothy S Cahill . View institutional ownership trends .

How do I buy shares of Lockheed Martin?

Shares of LMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:LMT

Lockheed Martin (LMT) Stock Price, News & Analysis

$426.50

-0.50 (-0.12%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $424.47
▼
$427.67
50-Day Range: $421.55
▼
$463.18
52-Week Range: $393.77
▼
$508.10

Volume: 1.04 million shs
Average Volume: 1.17 million shs
Market Capitalization: $103.06 billion

P/E Ratio: 15.48
Dividend Yield: 2.95%
Price Target: $491.92

Get Lockheed Martin alerts:

Lockheed Martin MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 15.3% Upside
$491.92 Price Target
Short Interest: Healthy
0.82% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.46
Upright™ Environmental Score
News Sentiment: 0.71
Based on 16 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.30%
From $26.24 to $28.68 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Aerospace Sector

1st out of 42 stocks

Guided Missiles & Space Vehicles & Parts Industry

1st out of 6 stocks

3.1

Analyst's Opinion

Consensus Rating
Lockheed Martin has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $491.92, Lockheed Martin has a forecasted upside of 15.3% from its current price of $426.50.
Amount of Analyst Coverage
Lockheed Martin has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
0.82% of the float of Lockheed Martin has been sold short.
Short Interest Ratio / Days to Cover
Lockheed Martin has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Lockheed Martin has recently decreased by 14.35%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Lockheed Martin pays a meaningful dividend of 2.95%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Lockheed Martin has been increasing its dividend for 21 years.
Dividend Coverage
The dividend payout ratio of Lockheed Martin is 45.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Lockheed Martin will have a dividend payout ratio of 43.93% next year. This indicates that Lockheed Martin will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Lockheed Martin has received a -247.72% net impact score from Upright. The largest negative impact of Lockheed Martin in category "Societal stability & understanding among people" seems to be driven mostly by its "Military aircraft repair", "Weapon target aqcuisition and observation systems", "Unmanned aerial vehicle launch platforms", "Mortar systems", and "Naval ship repair" products. See details.
Environmental Sustainability
The Environmental Impact score for Lockheed Martin is -2.46.

3.2

News and Social Media Coverage

News Sentiment
Lockheed Martin has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Lockheed Martin this week, compared to 14 articles on an average week.
Search Interest
77 people have searched for LMT on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.
MarketBeat Follows
58 people have added Lockheed Martin to their MarketBeat watchlist in the last 30 days. This is an increase of 2% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lockheed Martin insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.17% of the stock of Lockheed Martin is held by insiders.
Percentage Held by Institutions
74.26% of the stock of Lockheed Martin is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Lockheed Martin are expected to grow by 9.30% in the coming year, from $26.24 to $28.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lockheed Martin is 15.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lockheed Martin is 15.48, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 20.72.
Price to Earnings Growth Ratio
Lockheed Martin has a PEG Ratio of 3.89. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Lockheed Martin has a P/B Ratio of 15.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lockheed Martin Stock (NYSE:LMT)

Lockheed Martin Corporation was formed in 1995 by the merger of Lockheed Corporation and Martin Marietta. The company is headquartered in Bethesda, Maryland, and is the No. 1 U.S. defense contractor by revenue and market cap. It is the world’s third-largest aerospace company, with 75% of its business in the defense market. Ten percent of Pentagon spending goes to Lockheed Martin, and 50% of its annual revenue comes from the Department of Defense. In 2020, it was the No. 1 recipient of Pentagon spending, at $72.9 billion, more than three times the money spent on the No. 2 U.S. defense player and more than all spent on the second through fourth positions.

Lockheed Martin Corporation’s roots date back to the Loughead (pronounced Lockheed) Aircraft Manufacturing Company, founded by the Loughead brothers in 1912. By 1920, the first venture had gone bankrupt due to a decline in post-WWI demand, but it restarted in 1926. Investors, including John Northrop of Northrop Grumman Corporation, raised the money to start the Lockheed Aircraft Manufacturing Company. They used technology developed from 1912 to 1920 to produce the Vega, a cutting-edge passenger plane that could seat up to seven passengers.

By 1928, the company made about five planes a week and brought in more than $1 million per year. The Depression cut the bottom out of the aircraft market, and the company fell on hard times. By this point, the founders were out of the business and failed to make a bid to repurchase the company when it fell into receivership. Among the many early successes were the Vega and the Model 10 Electra, both flown by Amelia Earhart, the latter to her end.

The new Lockheed Aircraft Corporation expanded its aircraft lines into World War II, including plans for potential defense aircraft. This planning had the company in an excellent position to win defense contracts when the U.S. entered World War II and helped launch it to its current status. It was also when the company launched the advanced development projects, which came to be called Skunk Works. Skunk Works is responsible for many advances in military technology, including the first kill recorded in jet-to-jet combat. Cold War advances include the C-130, the Polaris Submarine-Launched Ballistic Missile System and the iconic SR-71 Blackbird.

Martin Marietta was formed in 1961 by the merger of Glenn L. Martin Company and American Marietta Corporation. The company was an aerospace-focused manufacturer specializing in missiles and missile systems. Projects accredited to it include the Titan and Pershing Missile Systems and the MGM-51 Shillelagh Anti-Tank Guided Missile System.

Today, Lockheed Martin Corporation operates as a security and aerospace company worldwide. It researches, designs, develops and manufactures defense and security systems for government and private use. The company operates in four segments: aeronautics, missiles and fire control, rotary and mission systems and space. The company’s other projects include health, renewable energy, energy distribution and nuclear fusion research and development.

LMT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LMT Stock News Headlines

February 5, 2024 | marketbeat.com

3 cheap utility stocks that shouldn't be so

The spill effects of the Red Sea conflicts may start affecting the utility sector, with these three stocks coming to offer stability and growth at discounts

January 30, 2024 | marketbeat.com

3 defense stocks that could soar on new contracts (LMT)

You should read this if you are being bombarded with questions regarding the Red Sea conflict, now you have three sensible choices to consider this quarter

February 12, 2024 | DTI (Ad)

All the trading advice you’ve ever received boils down to this

All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.

January 26, 2024 | marketbeat.com

The next meme stock: 6 tickers leading a meme stock revival (LMT)

Meme stocks soared during the early days of the pandemic. Will these stocks form a major meme stock rally or a short-lived farewell tour? Learn more.

January 26, 2024 | marketbeat.com

What makes Textron a must-own aerospace stock for 2024? (LMT)

This latest jump in share price for the company confirms the multi-year rally, which started back in 2020, remains intact and it is entering its next phase.

January 26, 2024 | marketbeat.com

Lockheed Martin and RTX Corporation: One to buy, one to let fly? (LMT)

RTX and Lockheed Martin had decent quarters, but a crucial difference has analyst sentiment shifting, and one stock is rising while the other is falling.

January 19, 2024 | marketbeat.com

Growth for these defense stocks as global tensions rise

TransDigm, RTX, and Lockheed Martin lead defense stocks, offering both growth and income potential amid increasing geopolitical tensions worldwide.

January 15, 2024 | marketbeat.com

3 stocks to keep in mind as a Red Sea conflict emerges

As a Red Sea conflict emerges, there is a chance for traders to make money on the rising oil prices, namely in these energy and defense names

February 12, 2024 | Stansberry Research (Ad)

Best way to buy gold today (not what you'd think)

With so many strange events happening across the economy (longest bear market for bonds since Civil War... unprecedented bank closures... and soaring prices) – it's no wonder the richest investors are loading up on gold. But what you might not realize is there's a much better way to profit from rising gold prices – without ever touching an ETF, mining stock, or even bullion.

February 8, 2024 | msn.com

Congresswoman Discloses Purchase Of Defense Stock Lockheed Martin Before 'We Must Hold Iran Accountable' Comment: Is There A Potential Conflict Of Interest?

February 8, 2024 | finance.yahoo.com

329 layoffs hit freight-related firms in Texas

February 6, 2024 | finance.yahoo.com

Those who invested in Lockheed Martin (NYSE:LMT) five years ago are up 58%

February 5, 2024 | finance.yahoo.com

Saudi Arabia to manufacture parts of Lockheed missile defense system

February 5, 2024 | finance.yahoo.com

UPDATE 2-Saudi Arabia to manufacture parts of Lockheed missile defense system

February 5, 2024 | investing.com

Saudi companies to make parts for Lockheed's THAAD defence system

February 5, 2024 | msn.com

Lockheed Martin secures $150.56M Navy contract modification

February 5, 2024 | msn.com

Saudi companies to make parts for Lockheed's THAAD defense system

February 2, 2024 | fool.com

Lockheed Martin Stock Had a Ho-Hum 2023. Will 2024 Be Better?

February 1, 2024 | benzinga.com

A Closer Look at Lockheed Martin's Options Market Dynamics

January 31, 2024 | finance.yahoo.com

Lockheed, NVIDIA Make AI-Powered Digital Twin to Predict the Weather

January 31, 2024 | finance.yahoo.com

13 Best Aerospace Stocks To Buy On Sale

January 31, 2024 | fool.com

Is Lockheed Martin Stock a Buy?

January 29, 2024 | finance.yahoo.com

The Czech Republic Joins the F-35 Lightning II Global Team

January 29, 2024 | finance.yahoo.com

Pentagon plans AI-based program to estimate prices for critical minerals

January 29, 2024 | finance.yahoo.com

Lockheed Martin Corporation (NYSE:LMT) Shares Could Be 36% Below Their Intrinsic Value Estimate

January 28, 2024 | fool.com

Did Lockheed Martin Just Delay America's Return to the Moon?

January 27, 2024 | benzinga.com

Lockheed Martin To Slash 1% Of Global Workforce Amid Cost-Cutting Measures

See More Headlines

Receive LMT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lockheed Martin and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 12/29 Dividend: 11/30/2023
Dividend Payable: 12/29/2023
Last Earnings: 1/23/2024
Today: 2/12/2024
Ex-Dividend for 3/29 Dividend: 2/29/2024
Dividend Payable: 3/29/2024
Next Earnings (Estimated): 4/16/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Aerospace
Industry: Guided missiles & space vehicles & parts
Sub-Industry: Aerospace & Defense
Current Symbol: NYSE:LMT
CUSIP: 53983010
CIK: 936468
Web: www.lockheedmartin.com
Phone: (301) 897-6000
Fax: 301-897-6919
Employees: 122,000
Year Founded: 1995

Price Target and Rating

Average Stock Price Target: $491.92
High Stock Price Target: $550.00
Low Stock Price Target: $440.00
Potential Upside/Downside: +15.3%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $27.55
Trailing P/E Ratio: 15.48
Forward P/E Ratio: 16.25
P/E Growth: 3.89
Net Income: $6.92 billion
Net Margins: 10.24%
Pretax Margin: 11.98%
Return on Equity: 79.91%
Return on Assets: 12.67%

Debt

Debt-to-Equity Ratio: 2.53
Current Ratio: 1.21
Quick Ratio: 1.03

Sales & Book Value

Annual Sales: $67.57 billion
Price / Sales: 1.53
Cash Flow: $34.82 per share
Price / Cash Flow: 12.25
Book Value: $28.28 per share
Price / Book: 15.08

Miscellaneous

Outstanding Shares: 241,643,000
Free Float: 241,232,000
Market Cap: $103.06 billion
Optionable: Optionable
Beta: 0.49

Social Links

Beginner's Guide to Pot Stock Investing

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

Mr. James D. Taiclet Jr. (Age 63)
Chairman, President & CEO
Comp: $11.4M
Mr. Jesus Malave Jr. (Age 54)
Chief Financial Officer
Comp: $3.41M
Mr. Frank A. St. John (Age 57)
Chief Operating Officer
Comp: $4.71M
Ms. Maryanne R. Lavan (Age 65)
Senior VP, General Counsel & Corporate Secretary
Comp: $3.21M
Mr. Gregory M. Ulmer (Age 59)
Executive Vice President of Aeronautics
Comp: $2.98M
Mr. H. Edward Paul III (Age 48)
Chief Accounting Officer, VP & Controller
Mr. Rodney A. Makoske
Chief Engineer and Senior VP of Engineering & Technology
Ms. Yvonne O. Hodge
Senior VP of Enterprise Business & Digital Transformation and CIO
Ms. Maria A. Ricciardone Lee (Age 48)
VP of Investor Relations & Treasurer
Mr. Dean Acosta
Senior VP & Chief Communications Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LMT Stock Analysis - Frequently Asked Questions

Should I buy or sell Lockheed Martin stock right now?: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LMT, but not buy additional shares or sell existing shares.
View LMT analyst ratings or view top-rated stocks.
What is Lockheed Martin's stock price target for 2024?: 12 analysts have issued 12 month price targets for Lockheed Martin's shares. Their LMT share price targets range from $440.00 to $550.00. On average, they expect the company's share price to reach $491.92 in the next year. This suggests a possible upside of 15.3% from the stock's current price.
View analysts price targets for LMT or view top-rated stocks among Wall Street analysts.
How have LMT shares performed in 2024?: Lockheed Martin's stock was trading at $453.24 at the beginning of the year. Since then, LMT stock has decreased by 5.9% and is now trading at $426.50.
View the best growth stocks for 2024 here.
Are investors shorting Lockheed Martin?: Lockheed Martin saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,970,000 shares, a decline of 14.3% from the December 31st total of 2,300,000 shares. Based on an average daily volume of 1,170,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.8% of the company's stock are short sold.
View Lockheed Martin's Short Interest.
When is Lockheed Martin's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 16th 2024.
View our LMT earnings forecast.
How were Lockheed Martin's earnings last quarter?: Lockheed Martin Co. (NYSE:LMT) posted its quarterly earnings data on Tuesday, January, 23rd. The aerospace company reported $7.90 earnings per share for the quarter, beating analysts' consensus estimates of $7.26 by $0.64. The aerospace company had revenue of $18.87 billion for the quarter, compared to analyst estimates of $17.96 billion. Lockheed Martin had a net margin of 10.24% and a trailing twelve-month return on equity of 79.91%. The company's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the company earned $7.79 earnings per share.
Read the conference call transcript.
How often does Lockheed Martin pay dividends? What is the dividend yield for Lockheed Martin?: Lockheed Martin declared a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Friday, March 1st will be given a dividend of $3.15 per share on Friday, March 29th. This represents a $12.60 annualized dividend and a dividend yield of 2.95%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for LMT.
Is Lockheed Martin a good dividend stock?: Lockheed Martin (NYSE:LMT) pays an annual dividend of $12.60 per share and currently has a dividend yield of 2.95%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 45.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LMT will have a dividend payout ratio of 43.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LMT.

What ETFs hold Lockheed Martin's stock?: ETFs with the largest weight of Lockheed Martin (NYSE:LMT) stock in their portfolio include First Trust Indxx Aerospace & Defense ETF (MISL), VictoryShares Protect America ETF (SHLD), iShares U.S. Aerospace & Defense ETF (ITA), Invesco Aerospace & Defense ETF (PPA), Constrained Capital ESG Orphans ETF (ORFN), BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL), SPDR S&P Aerospace & Defense ETF (XAR) and SPDR S&P Kensho Final Frontiers ETF (ROKT).
What guidance has Lockheed Martin issued on next quarter's earnings?: Lockheed Martin updated its FY 2024 earnings guidance on Tuesday, January, 23rd. The company provided earnings per share guidance of 25.650-26.350 for the period, compared to the consensus earnings per share estimate of 26.620. The company issued revenue guidance of $68.5 billion-$70.0 billion, compared to the consensus revenue estimate of $68.7 billion.
What is James D. Taiclet's approval rating as Lockheed Martin's CEO?: 147 employees have rated Lockheed Martin Chief Executive Officer James D. Taiclet on Glassdoor.com. James D. Taiclet has an approval rating of 92% among the company's employees. This puts James D. Taiclet in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Lockheed Martin own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Lockheed Martin investors own include Johnson & Johnson (JNJ), Boeing (BA), NVIDIA (NVDA), Walt Disney (DIS), Home Depot (HD), AT&T (T), Intel (INTC), Cisco Systems (CSCO), Alibaba Group (BABA) and JPMorgan Chase & Co. (JPM).
Who are Lockheed Martin's major shareholders?: Lockheed Martin's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (2.33%), Wells Fargo & Company MN (1.07%), Franklin Resources Inc. (1.07%), International Assets Investment Management LLC (0.55%), Dimensional Fund Advisors LP (0.43%) and California Public Employees Retirement System (0.41%). Insiders that own company stock include Brian P Colan, Gregory M Ulmer, John Donovan, John Frank A St, John Frank A St, Kenneth R Possenriede, Maryanne Lavan, Richard F Ambrose, Richard F Ambrose, Stephanie C Hill and Timothy S Cahill.
View institutional ownership trends.
How do I buy shares of Lockheed Martin?: Shares of LMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LMT) was last updated on 2/12/2024 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Lockheed Martin (LMT) Stock Price, News & Analysis

Lockheed Martin MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Lockheed Martin Stock (NYSE:LMT)

LMT Stock Price History

LMT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

LMT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™