Value Investing Philosophy And Lockheed Martin Corp. (NYSE: LMT)?

After Hours

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. Recently, Yahoo Finance discussed the stock, revealing that KULR Enters into an Agreement with Lockheed Martin for Heat Sink Advancements in Precision Missile Electronics.

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Stocks Info

LMT belongs to the Industrials sector of the NYSE while operating in the Aerospace & Defense industry. The current market capitalization of Lockheed Martin Corp. is $107.77B. A total of 0.77 million shares were traded on the day, compared to an average of 1.15M shares.

In the most recent transaction, Hill Stephanie C. sold 4,499 shares of LMT for 431.59 per share on Mar 06 ’24. After the transaction, the Pres. Rotary & Mission Systems now owns 12,604 company shares. In a previous transaction on Mar 05 ’24, Ulmer Gregory M sold 6,204 shares at 431.19 per share. LMT shares that President Aeronautics owns now total 0.

Among the insiders who sold shares, Lavan Maryanne disposed of 4,022 shares on Mar 05 ’24 at a per-share price of $434.39. This resulted in the SVP & General Counsel holding 0 shares of LMT after the transaction. In another insider transaction, Lightfoot Robert M JR sold 511 shares at $433.59 per share on Mar 05 ’24. Company shares held by the President Space now total 0.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Lockheed Martin Corp. pays an annual dividend of $12.30, resulting in a dividend yield of 2.76%, and it has a price to earnings (P/E) ratio of 16.19. 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.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. 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 $5.36 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $5.89 per share and a lower estimate of $5.09. 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

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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.

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