Lockheed Martin (NYSE:LMT) Announces Quarterly Earnings Results

Lockheed Martin (NYSE:LMT - Get Free Report) released its quarterly earnings results on Tuesday. The aerospace company reported $7.67 earnings per share for the quarter, beating analysts' consensus estimates of $6.58 by $1.09, Zacks reports. Lockheed Martin had a return on equity of 101.44% and a net margin of 9.36%. Lockheed Martin updated its FY 2025 guidance to 27.000-27.300 EPS.

Lockheed Martin Trading Down 9.1 %

NYSE LMT traded down $45.80 on Tuesday, hitting $457.89. 4,017,504 shares of the stock were exchanged, compared to its average volume of 1,366,171. The company's 50-day moving average price is $498.68 and its two-hundred day moving average price is $537.59. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.30 and a quick ratio of 1.12. Lockheed Martin has a 52-week low of $413.92 and a 52-week high of $618.95. The company has a market capitalization of $108.54 billion, a price-to-earnings ratio of 16.58, a P/E/G ratio of 4.05 and a beta of 0.48.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be given a $3.30 dividend. This represents a $13.20 annualized dividend and a dividend yield of 2.88%. Lockheed Martin's dividend payout ratio (DPR) is presently 47.79%.

Analysts Set New Price Targets

A number of research analysts have issued reports on LMT shares. Barclays reduced their price target on Lockheed Martin from $565.00 to $515.00 and set an "equal weight" rating for the company in a research report on Monday, January 6th. Wells Fargo & Company lowered their target price on shares of Lockheed Martin from $543.00 to $500.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 8th. UBS Group upped their price target on shares of Lockheed Martin from $589.00 to $603.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 23rd. Susquehanna lowered their price objective on shares of Lockheed Martin from $695.00 to $590.00 and set a "positive" rating on the stock in a research note on Wednesday, January 8th. Finally, TD Cowen upped their target price on Lockheed Martin from $560.00 to $610.00 and gave the stock a "buy" rating in a research report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $577.73.

Lockheed Martin Company Profile

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.