Lockheed Martin(LMT)

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Lockheed Martin Is Going Supersonic (Technical Analysis)
Seeking Alpha· 2024-10-08 07:30
With the wars in Ukraine and in the Middle East, we are in one of the most dangerous geopolitical environments in recent memory. One of the key beneficiaries of this environment is Lockheed Martin Corporation (I'm a technically-oriented Canadian investor with a focus on U.S. markets, particularly in tech and financials. I graduated with a Bachelor of Commerce Degree with Distinction, with a major in Finance. I'm also a proud lifetime member of the Beta Gamma Sigma International Business Honour Society.Analy ...
Lockheed Martin (LMT) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-10-07 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Here's Why You Should Add Lockheed Martin Stock to Your Portfolio Now
ZACKS· 2024-10-07 15:20
Lockheed Martin Corporation (LMT) with its strong backlog, rising earnings and sales estimates, robust ROE and high solvency, offers a great investment opportunity in the Zacks Aerospace sector.The company currently carries a Zacks Rank #2 (Buy). Let’s look at the factors that are driving the stock.LMT’s Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for LMT’s 2025 earnings per share (EPS) is pinned at $28.87, which indicates year-over-year growth of 8.9%.The consensus estimate for 2024 s ...
Lockheed Martin: 55 Billion Reasons To Buy And 4% Dividend Growth
Seeking Alpha· 2024-10-07 14:53
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In August 2024, I shared my price targets for Lockheed Martin (NYSE: LMT ) and concluded that while Lockheed Martin stock is definitely not cheap when considering the company's valuation against the median EV/EBITDA multiple, compelling upside rema ...
Is Lockheed (LMT) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-10-07 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Lockheed Martin (LMT) .Lockheed currently has an average brokerag ...
Lockheed Shares More Profit, Raises Dividend & Buyback Authorization
ZACKS· 2024-10-04 14:45
Lockheed Martin Corp. (LMT) announced that its board of directors approved a 4.8% hike in its quarterly dividend to $3.30 per share, marking the 22nd consecutive annual dividend hike. The revised quarterly dividend is payable on Dec. 27, 2024, to shareholders of record at the close of the business on Dec. 2, 2024. The company's new annualized dividend rate is $13.20. The current dividend yield is 2.08%, better than the Zacks S&P 500 composite's 1.24%. Along with dividend payments, Lockheed's management cont ...
Lockheed Martin's Greatest Upside Potential Is In Space: Analyst Sees Dividend Hikes, Buyback Top Ups
Benzinga· 2024-10-03 19:24
Deutsche Bank analyst Scott Deuschle maintains Lockheed Martin Corporation LMT with a Buy, raising the price forecast from $600 to $620.The analyst suggests that Lockheed Martin likely prefunds its pension in the fourth quarter, although the company may delay a formal announcement until after it’s completed.Deuschle adds that the associated debt issuance for this funding is expected to occur sooner.The analyst forecasts third-quarter EPS of $6.70, approximately 4% above the Street’s estimate of $6.47.Deusch ...
Defense Wins Championships: Why Lockheed Martin Is A Dividend Gem
Seeking Alpha· 2024-10-03 17:47
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .If I had gotten a dollar every time I had to use the words "world war" in a recent conversation or chat, I would finally be able to afford one of the fancy Rolex watches that keep popping up in Wall StreetAnalyst’s Disclosure: I/we have a beneficial long position in the shares o ...
Lockheed Wins $2.1B Contract to Aid Trident II D5 Missile Program
ZACKS· 2024-10-03 13:15
Lockheed Martin Corp.’s (LMT) business segment, Space Systems, recently clinched a modification contract for manufacturing its Trident II D5 missile. Per the terms of the deal, Lockheed will also offer deployed systems support and Warhead 93/Mark7 development for Trident II D5 missile. Details of the DealValued at $2.11 billion, the contract is projected to be completed by Sept. 30, 2029. The award has been provided by the Strategic Systems Programs, Washington, D.C.A major portion of work related to this d ...
Lockheed Martin (LMT) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-10-02 23:06
In the latest trading session, Lockheed Martin (LMT) closed at $603.20, marking a -0.44% move from the previous day. This change lagged the S&P 500's 0.01% gain on the day. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.08%.Coming into today, shares of the aerospace and defense company had gained 6.81% in the past month. In that same time, the Aerospace sector gained 1.4%, while the S&P 500 gained 1.21%.Investors will be eagerly watching for the performance of Lockheed Martin i ...