Northrop Grumman (NOC) Stock Price, News & Analysis

Company Overview

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, integrates, and produces tactical weapons and missile defense solutions, and provides sustainment, modernization, and training services for manned and unmanned aircraft and electronics systems. It also offers integrated, all-domain command, and control battle management systems, precision strike weapons; high speed air-breathing and hypersonic systems; high-performance gun systems, ammunition, precision munitions and advanced fuzes; aircraft and mission systems logistics support, sustainment, operations and modernization; and warfighter training services. The company's Mission Systems segment offers command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. Its Space Systems segment offers satellites, spacecraft systems, subsystems, sensors, and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. Northrop Grumman Corporation was founded in 1939 and is based in Falls Church, Virginia.

Key Stats

• Today's Range: $496.00 to $509.42
• 50-Day Range: $433.63 to $504.16
• 52-Week Range: $418.60 to $555.57
• Volume: 991,376 shs
• Average Volume: 831,097 shs
• Market Capitalization: $73.37 billion
• P/E Ratio: 17.89
• Dividend Yield: 1.63%
• Price Target: $542.88
• Consensus Rating: Moderate Buy

Northrop Grumman Stock Analysis - MarketRank™

Northrop Grumman scored higher than 83% of companies evaluated by MarketBeat, and ranked 9th out of 49 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Northrop Grumman has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 8 buy ratings, 9 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Northrop Grumman has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.35%

Earnings Growth

Earnings for Northrop Grumman are expected to grow by 3.35% in the coming year, from $28.05 to $28.99 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Northrop Grumman is 17.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of Northrop Grumman is 17.89, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 45.60.

Price to Earnings Growth Ratio

Northrop Grumman has a PEG Ratio of 3.73. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Northrop Grumman has a P/B Ratio of 4.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.59% of the float of Northrop Grumman has been sold short.

Short Interest Ratio / Days to Cover

Northrop Grumman has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Northrop Grumman has recently increased by 11.11%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Northrop Grumman pays a meaningful dividend of 1.68%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Northrop Grumman has been increasing its dividend for 21 years.

Dividend Coverage

The dividend payout ratio of Northrop Grumman is 29.08%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Northrop Grumman will have a dividend payout ratio of 28.42% next year. This indicates that Northrop Grumman will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -1.57

Percentage of Shares Shorted

1.59% of the float of Northrop Grumman has been sold short.

Short Interest Ratio / Days to Cover

Northrop Grumman has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Northrop Grumman has recently increased by 11.11%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.19

News Sentiment

Northrop Grumman has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 39 news articles for Northrop Grumman this week, compared to 18 articles on an average week.

Search Interest

Only 14 people have searched for NOC on MarketBeat in the last 30 days. This is a decrease of -48% compared to the previous 30 days.

MarketBeat Follows

Only 22 people have added Northrop Grumman to their MarketBeat watchlist in the last 30 days. This is a decrease of -19% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Northrop Grumman insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,126,405.00 in company stock.

Percentage Held by Insiders

Only 0.22% of the stock of Northrop Grumman is held by insiders.

Percentage Held by Institutions

83.40% of the stock of Northrop Grumman is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NOC Stock Analysis - Frequently Asked Questions

How have NOC shares performed this year?

Northrop Grumman's stock was trading at $469.29 on January 1st, 2025. Since then, NOC stock has increased by 8.0% and is now trading at $506.88.
View the best growth stocks for 2025 here.

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Co. (NYSE:NOC) announced its quarterly earnings data on Thursday, January, 30th. The aerospace company reported $6.39 EPS for the quarter, beating analysts' consensus estimates of $6.27 by $0.12. Northrop Grumman had a trailing twelve-month return on equity of 26.24% and a net margin of 10.17%.
Read the conference call transcript.

Is Northrop Grumman doing a stock buyback?

Northrop Grumman's Board of Directors initiated a stock buyback program on Wednesday, December 11th 2024, which authorizes the company to buy back $3,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 4.3% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its shares are undervalued.

Does Northrop Grumman have any subsidiaries?

Northrop Grumman subsidiaries include Orbital ATK, Northrop Grumman Integrated Defence Services, Qantas Defence Services, M5 Network Security, Sonoma Photonics, 3001 International, Xinetics, and more.

Who are Northrop Grumman's major shareholders?

Northrop Grumman's top institutional shareholders include Vanguard Group Inc. (8.76%), Capital International Investors (5.69%), Wellington Management Group LLP (2.88%) and Geode Capital Management LLC (2.09%). Insiders that own company stock include Kathy J Warden, Sheila C Cheston, Mark A Caylor, David T Perry, Thomas H Jones, Mark A Welsh III, Michael A Hardesty, Thomas L Wilson Jr, Kathryn G Simpson, Roshan S Roeder and Benjamin R Davies.
View institutional ownership trends.

How do I buy shares of Northrop Grumman?

Shares of NOC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Northrop Grumman own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Northrop Grumman investors own include NVIDIA (NVDA), Verizon Communications (VZ), Meta Platforms (META), Humana (HUM), American Water Works (AWK), Advanced Micro Devices (AMD) and Waste Connections (WCN).

Company Calendar

• Last Earnings: 1/30/2025
• Ex-Dividend for 3/19 Dividend: 3/03/2025
• Dividend Payable: 3/19/2025
• Today: 3/25/2025
• Next Earnings (Estimated): 4/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Aerospace
• Industry: Search & navigation equipment
• Sub-Industry: Aerospace & Defense
• Current Symbol: NYSE:NOC
• CIK: 1133421
• Web: www.northropgrumman.com
• Phone: (703) 280-2900
• Fax: 302-655-5049
• Employees: 95,000
• Year Founded: 1939

Price Target and Rating

• Average Stock Price Target: $542.88
• High Stock Price Target: $592.00
• Low Stock Price Target: $477.00
• Potential Upside/Downside: +7.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.56
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $28.34
• Trailing P/E Ratio: 17.89
• Forward P/E Ratio: 18.07
• P/E Growth: 3.73
• Net Income: $4.17 billion
• Net Margins: 10.17%
• Pretax Margin: 12.22%
• Return on Equity: 26.24%
• Return on Assets: 7.96%

Debt

• Debt-to-Equity Ratio: 0.96
• Current Ratio: 1.01
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $41.03 billion
• Price / Sales: 1.79
• Cash Flow: $41.65 per share
• Price / Cash Flow: 12.17
• Book Value: $105.63 per share
• Price / Book: 4.80

Miscellaneous

• Outstanding Shares: 144,756,000
• Free Float: 144,438,000
• Market Cap: $73.37 billion
• Optionable: Optionable
• Beta: 0.31