Are Things Looking Up For Lockheed Martin Corp. (NYSE: LMT)?

After Hours

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Stocks Info

The company is listed on the NYSE and operates within the Aerospace & Defense industry segment. The current market capitalization of Lockheed Martin Corp. is $112.80B. A total of 1.04 million shares were traded on the day, compared to an average of 1.03M 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

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Lockheed Martin Corp. pays an annual dividend of $12.45, resulting in a dividend yield of 2.65%, and it has a price to earnings (P/E) ratio of 17.20. LMT’s most recent ex-dividend date was 6/3/2024 when it declared a $3.15 quarterly dividend that was paid in cash on 6/28/2024. Previously, the company paid the dividend on 3/29/2024 with an ex-dividend date of 2/29/2024. The LMT stock dividend was $3.15 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, LMT has a high of $479.50 and a low of $393.77.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s 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 $27.72, while its Total Shareholder’s Equity was $10.96B.

Analysts Opinion

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. 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 3.47.

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