Lockheed Martin Corp. (NYSE: LMT) Could Achieve Gains In The Near Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, LMT falls under the Industrials sector while operating within the Aerospace & Defense industry segment. The current market capitalization of Lockheed Martin Corp. is $109.26B. A total of 1.45 million shares were traded on the day, compared to an average of 1.20M 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

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Lockheed Martin Corp. pays an annual dividend of $12.30, resulting in a dividend yield of 2.71%, and it has a price to earnings (P/E) ratio of 16.49. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. 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 $Walmart Inc. per share for the current quarter. EPS was calculated based on a consensus of Lockheed Martin Corporation estimates, with a high estimate of $Arcelor Mittal NY Registry Shar per share and a lower estimate of $American Tower Corporation (REI.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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.

Most Popular

Related Posts