Lockheed Martin Stock Price | LMT Stock Quote, News, and History | Markets Insider (2024)

FAQs

Is LMT a good stock to buy now? ›

Lockheed Martin stock has received a consensus rating of hold. The average rating score is and is based on 17 buy ratings, 23 hold ratings, and 9 sell ratings.

Price-To-Earnings vs Fair Ratio: LMT is good value based on its Price-To-Earnings Ratio (16.6x) compared to the estimated Fair Price-To-Earnings Ratio (22.3x).

Lockheed Martin is a defense company with substantial contracts with the U.S. military. 71% of Lockheed's revenue comes from the U.S. government. Lockheed's main competitors include Boeing, BAE Systems, General Dynamics, and Raytheon.

Lockheed Martin stock price stood at $468.88

According to the latest long-term forecast, Lockheed Martin price will hit $500 by the end of 2024 and then $600 by the end of 2026. Lockheed Martin will rise to $700 within the year of 2027, $800 in 2028, $900 in 2030, $1000 in 2033 and $1100 in 2035.

Lockheed Martin Corporation ( LMT ) pays dividends on a quarterly basis. Lockheed Martin Corporation ( LMT ) has increased its dividends for 22 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.

Lockheed Martin Corp has a conensus rating of Hold which is based on 3 buy ratings, 8 hold ratings and 1 sell ratings. The average price target for Lockheed Martin Corp is $486.75. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

What Is Lockheed Martin's Net Debt? The image below, which you can click on for greater detail, shows that at December 2023 Lockheed Martin had debt of US$17.5b, up from US$15.5b in one year. However, it also had US$1.44b in cash, and so its net debt is US$16.0b.

Customer Base

As a global security and aerospace company, the majority of Lockheed Martin's business is with the U.S. Department of Defense and U.S. federal government agencies.

Who is Lockheed Martin's biggest customer? ›

Half of the corporation's annual sales are to the U.S. Department of Defense. Lockheed Martin is also a contractor for the U.S. Department of Energy and the National Aeronautics and Space Administration (NASA).

Boeing ceded its long-held top spot as America's largest aerospace and defense firms to Lockheed Martin after reporting financial results from an abysmal 2020 on Wednesday.

How Does Total Compensation For Jim Taiclet Compare With Other Companies In The Industry? Our data indicates that Lockheed Martin Corporation has a market capitalization of US$112b, and total annual CEO compensation was reported as US$23m for the year to December 2023.

The Bottom Line

Lockheed Martin is one of the most important defense companies in the U.S. and the world, producing a wide range of weaponry. Its Aeronautics segment, which is engaged in the design and production of military aircraft, is its largest revenue generator.

For Lockheed Martin employees, restricted stock units (RSUs) are the most common type of equity compensation and are typically offered after a private company goes public or reaches a more stable valuation. Like stock options, RSUs vest over time, but unlike stock options, you don't have to buy them.

Job Outlook

Overall employment of EMTs and paramedics is projected to grow 5 percent from 2022 to 2032, faster than the average for all occupations. About 18,100 openings for EMTs and paramedics are projected each year, on average, over the decade.

Summary. Lockheed Martin's recent performance has lagged behind the S&P 500, but has still returned 243% over the past ten years. The company achieved a record backlog of $161 billion in 2023, indicating strong demand across its portfolio.