Lockheed Martin (LMT) Projected to Post Earnings on Tuesday

Lockheed Martin (NYSE:LMT - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Tuesday, April 22nd. Analysts expect the company to announce earnings of $6.34 per share and revenue of $17.83 billion for the quarter. Lockheed Martin has set its FY 2025 guidance at 27.000-27.300 EPS.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The aerospace company reported $7.28 earnings per share for the quarter, topping analysts' consensus estimates of $6.34 by $0.94. The company had revenue of $17.96 billion during the quarter, compared to analyst estimates of $17.83 billion. Lockheed Martin had a net margin of 7.51% and a return on equity of 101.47%. On average, analysts expect Lockheed Martin to post $27 EPS for the current fiscal year and $30 EPS for the next fiscal year.

Lockheed Martin Stock Down 0.5 %

Shares of Lockheed Martin stock traded down $2.36 on Tuesday, reaching $455.97. The company's stock had a trading volume of 1,872,273 shares, compared to its average volume of 1,248,798. Lockheed Martin has a 52 week low of $418.88 and a 52 week high of $618.95. The firm's fifty day simple moving average is $452.57 and its two-hundred day simple moving average is $494.72. The company has a market capitalization of $106.96 billion, a price-to-earnings ratio of 20.55, a P/E/G ratio of 2.07 and a beta of 0.39. The company has a quick ratio of 0.95, a current ratio of 1.13 and a debt-to-equity ratio of 3.10.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 3rd were given a $3.30 dividend. This represents a $13.20 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date was Monday, March 3rd. Lockheed Martin's dividend payout ratio (DPR) is presently 59.30%.

Insider Activity at Lockheed Martin

In other Lockheed Martin news, VP Harry Edward Paul III sold 707 shares of Lockheed Martin stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $442.61, for a total value of $312,925.27. Following the transaction, the vice president now directly owns 2,278 shares of the company's stock, valued at approximately $1,008,265.58. The trade was a 23.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert M. Lightfoot, Jr. sold 3,213 shares of the firm's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $442.42, for a total transaction of $1,421,495.46. Following the completion of the transaction, the insider now directly owns 2,000 shares of the company's stock, valued at approximately $884,840. This represents a 61.63 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 7,133 shares of company stock worth $3,155,916 over the last three months. 0.14% of the stock is owned by corporate insiders.

Institutional Trading of Lockheed Martin

An institutional investor recently raised its position in Lockheed Martin stock. Brighton Jones LLC increased its holdings in Lockheed Martin Co. (NYSE:LMT - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,995 shares of the aerospace company's stock after buying an additional 191 shares during the quarter. Brighton Jones LLC's holdings in Lockheed Martin were worth $1,941,000 at the end of the most recent reporting period. Institutional investors own 74.19% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. UBS Group decreased their target price on Lockheed Martin from $527.00 to $508.00 and set a "neutral" rating on the stock in a report on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft cut shares of Lockheed Martin from a "buy" rating to a "hold" rating and decreased their target price for the stock from $611.00 to $523.00 in a research note on Thursday, January 2nd. StockNews.com downgraded shares of Lockheed Martin from a "buy" rating to a "hold" rating in a research report on Tuesday, April 1st. JPMorgan Chase & Co. dropped their target price on shares of Lockheed Martin from $540.00 to $535.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Finally, Bank of America downgraded Lockheed Martin from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $685.00 to $485.00 in a research report on Monday, March 24th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $539.93.

About Lockheed Martin

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.