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 ...

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 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 ...

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 ...