Brokers

Brokers Issue Forecasts for Lockheed Martin Co.’s FY2025 Earnings (NYSE:LMT)


Lockheed Martin Co. (NYSE:LMTFree Report) – Zacks Research boosted their FY2025 earnings per share (EPS) estimates for Lockheed Martin in a report issued on Tuesday, March 5th. Zacks Research analyst R. Department now expects that the aerospace company will post earnings per share of $28.35 for the year, up from their prior estimate of $28.28. The consensus estimate for Lockheed Martin’s current full-year earnings is $26.16 per share. Zacks Research also issued estimates for Lockheed Martin’s Q4 2025 earnings at $7.81 EPS.

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

A number of other research firms also recently issued reports on LMT. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Lockheed Martin from $438.00 to $472.00 in a research note on Monday, January 22nd. Morgan Stanley dropped their target price on Lockheed Martin from $513.00 to $503.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 24th. UBS Group dropped their price objective on shares of Lockheed Martin from $488.00 to $475.00 and set a “neutral” rating for the company in a report on Wednesday, January 24th. Royal Bank of Canada reduced their target price on shares of Lockheed Martin from $475.00 to $470.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 24th. Finally, Susquehanna dropped their price target on shares of Lockheed Martin from $550.00 to $540.00 and set a “positive” rating for the company in a research note on Wednesday, January 24th. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Lockheed Martin currently has an average rating of “Hold” and a consensus target price of $491.92.

Check Out Our Latest Stock Report on Lockheed Martin

Lockheed Martin Stock Up 0.7 %

Shares of NYSE:LMT opened at $432.90 on Friday. The company has a market capitalization of $104.61 billion, a price-to-earnings ratio of 15.71, a PEG ratio of 3.96 and a beta of 0.48. Lockheed Martin has a 12-month low of $393.77 and a 12-month high of $508.10. The business has a 50-day moving average price of $437.90 and a 200 day moving average price of $438.93. The company has a current ratio of 1.21, a quick ratio of 1.03 and a debt-to-equity ratio of 2.53.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in LMT. Bank Julius Baer & Co. Ltd Zurich lifted its holdings in shares of Lockheed Martin by 73.0% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 64 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 27 shares in the last quarter. Altshuler Shaham Ltd purchased a new stake in Lockheed Martin in the 4th quarter valued at approximately $26,000. Activest Wealth Management grew its holdings in Lockheed Martin by 1,200.0% during the 4th quarter. Activest Wealth Management now owns 65 shares of the aerospace company’s stock valued at $30,000 after buying an additional 60 shares during the last quarter. CGC Financial Services LLC purchased a new position in Lockheed Martin during the second quarter worth $31,000. Finally, Coppell Advisory Solutions Corp. acquired a new position in shares of Lockheed Martin in the fourth quarter worth $31,000. Institutional investors and hedge funds own 74.26% of the company’s stock.

Insider Activity

In related news, COO John Frank A. St sold 6,648 shares of the firm’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $425.35, for a total value of $2,827,726.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, SVP Maryanne Lavan sold 4,022 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $434.39, for a total value of $1,747,116.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO John Frank A. St sold 6,648 shares of the business’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. Insiders have sold a total of 16,874 shares of company stock valued at $7,249,946 over the last quarter. Corporate insiders own 0.17% of the company’s stock.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 1st will be paid a $3.15 dividend. This represents a $12.60 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Thursday, February 29th. Lockheed Martin’s dividend payout ratio (DPR) is presently 45.74%.

About Lockheed Martin

(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.

Featured Stories

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



Receive News & Ratings for Lockheed Martin Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Lockheed Martin and related companies with MarketBeat.com’s FREE daily email newsletter.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


    Input this code: captcha