After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.
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Stocks Info
Lockheed Martin Corp. is listed on the NYSE in the Industrials sector while operating in the Aerospace & Defense industry. The current market capitalization of Lockheed Martin Corp. is $104.50B. A total of 1.0 million shares were traded on the day, compared to an average of 1.15M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, LMT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 7 BUYs and 18 SELLs from insiders. Insiders purchased 13,020 shares during that period but sold 24,898.
In the most recent transaction, Donovan John bought 548 shares of LMT for 457.07 per share on Jul 19. After the transaction, the Director now owns 3,378 company shares. In a previous transaction on Apr 20, Hill Stephanie C. sold 2,391 shares at 490.84 per share. LMT shares that Executive Vice President owns now total 12,604.
Among the insiders who bought shares, Donovan John acquired of 506 shares on Apr 19 at a per-share price of $495.17. This resulted in the Director holding 2,830 shares of LMT after the transaction. In another insider transaction, Cahill Timothy S sold 2,534 shares at $479.44 per share on Mar 06. Company shares held by the Executive Vice President now total 10,460.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Lockheed Martin Corp. pays an annual dividend of $12.15, resulting in a dividend yield of 2.81%, and it has a price to earnings (P/E) ratio of 15.70. LMT’s most recent ex-dividend date was 2/29/2024 when it declared a $3.15 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 11/30/2023. The LMT stock dividend was $3.15 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for LMT in the last 3 months, the mean price target is $481.67 with high estimates of $550.00 and low estimates of $380.00. In terms of 52-week highs and lows, LMT has a high of $508.10 and a low of $393.77.
As of this writing, LMT has an earnings estimate of $5.82 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $6.37 per share and a lower estimate of $5.5. The company reported an EPS of $6.73 in the last quarter, which was 0.90% higher than expectations of $6.67.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. LMT’s latest balance sheet shows that the firm has $3.60B in Cash & Short Term Investments as of fiscal 2021. There were $11.67B in debt and $14.00B in liabilities at the time. Its Book Value Per Share was $28.48, while its Total Shareholder’s Equity was $10.96B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LMT is Buy with a score of 3.38.
