Lockheed Martin Co. (NYSE:LMT) Forecasted to Post FY2026 Earnings of $30.41 Per Share

Lockheed Martin Co. (NYSE:LMTFree Report) – Equities research analysts at Zacks Research upped their FY2026 earnings per share estimates for Lockheed Martin in a report released on Thursday, March 28th. Zacks Research analyst R. Department now anticipates that the aerospace company will post earnings per share of $30.41 for the year, up from their prior estimate of $30.08. The consensus estimate for Lockheed Martin’s current full-year earnings is $26.13 per share.

Lockheed Martin (NYSE:LMTGet Free Report) last issued its quarterly earnings results on Tuesday, January 23rd. The aerospace company reported $7.90 EPS for the quarter, topping analysts’ consensus estimates of $7.26 by $0.64. Lockheed Martin had a return on equity of 79.91% and a net margin of 10.24%. The company had revenue of $18.87 billion for the quarter, compared to analysts’ expectations of $17.96 billion. During the same quarter last year, the business earned $7.79 earnings per share. Lockheed Martin’s revenue was down .6% on a year-over-year basis.

Other research analysts have also recently issued research reports about the company. Susquehanna decreased their target price on Lockheed Martin from $550.00 to $540.00 and set a “positive” rating on the stock in a research report on Wednesday, January 24th. Morgan Stanley decreased their target price on Lockheed Martin from $513.00 to $503.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 24th. Citigroup decreased their target price on Lockheed Martin from $540.00 to $508.00 and set a “buy” rating on the stock in a research report on Wednesday, January 24th. Deutsche Bank Aktiengesellschaft lifted their target price on Lockheed Martin from $438.00 to $472.00 in a research report on Monday, January 22nd. Finally, UBS Group decreased their target price on Lockheed Martin from $488.00 to $475.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 24th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $491.92.

Check Out Our Latest Research Report on LMT

Lockheed Martin Stock Down 0.4 %

Shares of NYSE LMT opened at $454.90 on Friday. Lockheed Martin has a 52 week low of $393.77 and a 52 week high of $508.10. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.03 and a current ratio of 1.21. The stock’s fifty day moving average is $433.47 and its 200 day moving average is $438.48. The stock has a market capitalization of $109.40 billion, a P/E ratio of 16.51, a PEG ratio of 4.17 and a beta of 0.48.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 1st will be paid a $3.15 dividend. This represents a $12.60 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date of this dividend is Thursday, February 29th. Lockheed Martin’s dividend payout ratio is currently 45.74%.

Insider Buying and Selling at Lockheed Martin

In other Lockheed Martin news, COO John Frank A. St sold 6,648 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $425.35, for a total value of $2,827,726.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, SVP Maryanne Lavan sold 4,022 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $434.39, for a total transaction of $1,747,116.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO John Frank A. St sold 6,648 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $425.35, for a total value of $2,827,726.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,874 shares of company stock valued at $7,249,946. 0.17% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lockheed Martin

Institutional investors have recently bought and sold shares of the stock. Herold Advisors Inc. grew its holdings in Lockheed Martin by 8.6% during the third quarter. Herold Advisors Inc. now owns 3,448 shares of the aerospace company’s stock worth $1,410,000 after buying an additional 274 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Lockheed Martin by 3.8% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,088 shares of the aerospace company’s stock valued at $8,624,000 after purchasing an additional 770 shares during the period. Alethea Capital Management LLC bought a new position in Lockheed Martin in the 3rd quarter valued at $415,000. Meridian Wealth Management LLC grew its stake in Lockheed Martin by 149.0% in the 3rd quarter. Meridian Wealth Management LLC now owns 11,960 shares of the aerospace company’s stock valued at $4,892,000 after purchasing an additional 7,156 shares during the period. Finally, Central Bank & Trust Co. grew its stake in Lockheed Martin by 1.6% in the 3rd quarter. Central Bank & Trust Co. now owns 3,305 shares of the aerospace company’s stock valued at $1,352,000 after purchasing an additional 51 shares during the period. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Company Profile

(Get Free Report)

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

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Earnings History and Estimates for Lockheed Martin (NYSE:LMT)

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