Q4 EPS Estimates for Lockheed Martin Boosted by Analyst

Lockheed Martin Co. (NYSE:LMT) – Stock analysts at Zacks Research lifted their Q4 2024 earnings per share (EPS) estimates for shares of Lockheed Martin in a research report issued to clients and investors on Wednesday, December 18th. Zacks Research analyst R. Department now forecasts that the aerospace company will post earnings of $6.40 per share for the quarter, up from their previous forecast of $6.37. The consensus estimate for Lockheed Martin’s current full-year earnings is $26.88 per share. Zacks Research also issued estimates for Lockheed Martin’s Q2 2025 earnings at $7.28 EPS, Q1 2026 earnings at $6.83 EPS and Q2 2026 earnings at $7.70 EPS.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Tuesday, October 22nd. The aerospace company reported $6.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.50 by $0.34. Lockheed Martin had a net margin of 9.36% and a return on equity of 101.44%. The company had revenue of $17.10 billion during the quarter, compared to analysts’ expectations of $17.38 billion. During the same quarter in the previous year, the business posted $6.77 earnings per share. Lockheed Martin’s quarterly revenue was up 1.3% on a year-over-year basis.

LMT has been the subject of a number of other reports. Barclays lifted their price target on shares of Lockheed Martin from $505.00 to $565.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 29th. Robert W. Baird lifted their price objective on Lockheed Martin from $519.00 to $626.00 in a report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft increased their target price on Lockheed Martin from $600.00 to $620.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. Wells Fargo & Company dropped their price target on Lockheed Martin from $602.00 to $543.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 11th. Finally, Royal Bank of Canada reduced their price objective on shares of Lockheed Martin from $675.00 to $665.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $612.29.

Lockheed Martin Stock Performance

NYSE LMT opened at $486.49 on Monday. The firm has a 50-day moving average price of $541.05 and a two-hundred day moving average price of $533.71. Lockheed Martin has a 12-month low of $413.92 and a 12-month high of $618.95. The company has a market capitalization of $115.32 billion, a P/E ratio of 17.61, a P/E/G ratio of 4.13 and a beta of 0.47. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 2.66.

Lockheed Martin Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Monday, December 2nd will be paid a dividend of $3.30 per share. This represents a $13.20 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date is Monday, December 2nd. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.15. Lockheed Martin’s payout ratio is presently 47.79%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LMT. Itau Unibanco Holding S.A. bought a new stake in Lockheed Martin during the 3rd quarter worth $26,000. Burkett Financial Services LLC bought a new stake in shares of Lockheed Martin during the third quarter worth about $32,000. Mattson Financial Services LLC acquired a new position in shares of Lockheed Martin in the second quarter valued at approximately $27,000. Sachetta LLC raised its holdings in Lockheed Martin by 50.0% in the 2nd quarter. Sachetta LLC now owns 60 shares of the aerospace company’s stock valued at $28,000 after buying an additional 20 shares during the last quarter. Finally, Stephens Consulting LLC boosted its position in Lockheed Martin by 48.9% during the 2nd quarter. Stephens Consulting LLC now owns 67 shares of the aerospace company’s stock worth $31,000 after buying an additional 22 shares during the period. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Lockheed Martin Company Profile

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.