Profile
Sector:
IndustrialsIndustry:
Aerospace & DefenseCountry:
United StatesIPO:
03 January 1977Website:
http://www.lockheedmartin.comNext earnings report:
23 January 2025Last dividends:
03 September 2024Next dividends:
02 December 2024Price
after hours | Thu, 21 Nov 2024 00:59:18 GMTAnalysts recommendations
Institutional Ownership
LMT Latest News
Defense stocks are attracting attention as the conflict between Russia and Ukraine marks its 1,000th day.
Lockheed (LMT) has been getting a lot of interest from Zacks.com users recently. As a result, it's important to understand the factors that could affect the stock's future.
Lockheed Martin has an opportunity to regain some of the space income it is currently losing.
LMT is a famous manufacturer of effective missiles such as Hellfire II, THAAD, JASSM, and LRASM. The company has over 65 years of experience working with the U.S. Air Force on intercontinental ballistic missiles (ICBMs).
LMT is likely to gain from a consistent flow of orders and high international demand for its wide variety of products, especially during the current shortage of skilled workers.
Jim Lebenthal, the chief equity strategist at Cerity Partners, appears on CNBC's 'Halftime Report' to explain his reasons for increasing his investment in Lockheed Martin.
On November 12, 2024, in Palmdale, California, Lockheed Martin Skunk Works® collaborated with NASA Aeronautics to begin engine run testing for the X-59. This testing is an important step as it is the last major system check before the aircraft undergoes taxi tests and its first flight.
Kenny Polcari thinks there are good aspects in each of today's Big 3. He mentions the recent declines in each but is hopeful for a brighter future for all of them.
Lockheed Martin is considered a good long-term investment because of global political tensions, little competition in the industry, and possible increases in defense spending if a Republican government is in power. The company's stock has done better than its competitors over the last 3 and 20 years, showing strong performance this year and impressive earnings in the third quarter. The way management is paid is designed to match the interests of shareholders, which helps support ongoing growth and decisions that benefit investors.
Lockheed Martin has solid financials, steady revenues, and a significant backlog, which makes it a 'Strong Buy' even with recent slowdowns in revenue and minor drops in profit margins. The 'Peace Through Strength' strategy from Trump is likely to increase defense spending, which should greatly enhance LMT's sales, profit margins, and earnings per share over the next four years. Additionally, LMT's valuation is still fair compared to its competitors, and it could see higher valuations due to expected earnings growth during Trump's presidency.
What type of business is Lockheed Martin?
Lockheed Martin Corporation is an American defense and aerospace company. It is involved in research, design, development, production, integration, and support of modern technological systems, products, and services. The company also provides a wide range of services in management, engineering, technology, science, logistics, system integration, and cybersecurity. It was founded in 1995 as a result of the merger of Lockheed Corporation and Martin Marietta. The company has a diversified portfolio of products that have defense, civilian, and commercial applications.
What sector is Lockheed Martin in?
Lockheed Martin is in the Industrials sector
What industry is Lockheed Martin in?
Lockheed Martin is in the Aerospace & Defense industry
What country is Lockheed Martin from?
Lockheed Martin is headquartered in United States
When did Lockheed Martin go public?
Lockheed Martin initial public offering (IPO) was on 03 January 1977
What is Lockheed Martin website?
https://www.lockheedmartin.com
Is Lockheed Martin in the S&P 500?
Yes, Lockheed Martin is included in the S&P 500 index
Is Lockheed Martin in the NASDAQ 100?
No, Lockheed Martin is not included in the NASDAQ 100 index
Is Lockheed Martin in the Dow Jones?
No, Lockheed Martin is not included in the Dow Jones index
When was Lockheed Martin the previous earnings report?
No data
When does Lockheed Martin earnings report?
The next expected earnings date for Lockheed Martin is 23 January 2025