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 ...

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 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 ...

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 ...

BETHESDA, Md., Oct. 2, 2024 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT) board of directors has authorized a fourth quarter 2024 dividend of $3.30 per share. This is an increase of $0.15 per share over the last quarter and represents the company's 22nd consecutive year of dividend increases. The dividend is payable on Dec. 27, 2024, to holders of record as of the close of business on Dec. 2, 2024.The company's board has also authorized the purchase of up to an additional $3 billion of Lockheed Martin com ...

There are two ways to interpret global events happening right now, from a weakening state in consumer discretionary trends to the geopolitical conflicts taking place in the Middle East. The first and most common is to read about them in the news and never think of them again. The second is the way every investor should go about this sort of news (the ones that tend to drive markets the most).Figuring out the implications for not only the S&P 500 but also specific industries and stocks can deliver outsized r ...

Lockheed Martin (LMT) shares soared 3.6% in the last trading session to close at $605.86. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.9% gain over the past four weeks.Stocks of major defense contractors, which provide their defense products as a part of America’s military aid to Israel, surged following Iran’s latest missile attack on Israel. Lockheed being the largest defense contractor in the United States, thus witnessed ...

As the conflict between Iran and Israel escalates, several defense stocks that have grown in popularity among United States Congress members are reacting positively, posting notable gains. Receive Signals on US Congress Members' Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. This signal triggers based on SEC updates on all the trades that are made by US Congress members. The stocks are surging partly due to their crucial role in providing military technology to th ...

Topline In a predictably grim phenomenon tied to outbreaks of global violence, aerospace and defense stocks climbed to record prices in an otherwise down day for the stock market, as Wall Street reacted to the latest escalation in the Middle East by anticipating larger contracts for military suppliers. Lockheed Martin stock rose Tuesday to a record high. NurPhoto via Getty Images Key Facts The stocks of several major U.S. defense contractors rallied Tuesday, as Lockheed Martin, RTX (previously Raytheon), No ...

Lockheed Martin Corporation (LMT) recently secured a contract valued at $3.23 billion for the procurement of Joint Air-to-Surface Standoff Missiles ("JASSM") and Long-Range Anti-Ship Missiles ("LRASM"). The work related to this deal will be carried out in Orlando, FL, and is projected to be completed by July 31, 2032.The award has been provided by the U.S. Air Force Life Cycle Management Center, Eglin Air Force Base, FL. The contract will serve the governments of Japan, the Netherlands, Finland and Poland.W ...