Lockheed Martin (NYSE:LMT) will issue its quarterly earnings data before the market opens on Tuesday, April 23rd. Analysts expect the company to announce earnings of $4.30 per share for the quarter. Lockheed Martin has set its FY19 guidance at $19.15-19.45 EPS.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Tuesday, January 29th. The aerospace company reported $4.39 EPS for the quarter, hitting the Zacks’ consensus estimate of $4.39. The business had revenue of $14.41 billion during the quarter, compared to the consensus estimate of $13.75 billion. Lockheed Martin had a return on equity of 726.78% and a net margin of 9.39%. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period last year, the firm earned ($2.25) earnings per share. On average, analysts expect Lockheed Martin to post $19 EPS for the current fiscal year and $24 EPS for the next fiscal year.

NYSE:LMT opened at $308.71 on Tuesday. The stock has a market capitalization of $87.40 billion, a P/E ratio of 17.29, a PEG ratio of 2.26 and a beta of 1.01. Lockheed Martin has a one year low of $241.18 and a one year high of $361.99. The company has a debt-to-equity ratio of 8.70, a current ratio of 1.12 and a quick ratio of 0.91.

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 1st were paid a $2.20 dividend. The ex-dividend date was Thursday, February 28th. This represents a $8.80 dividend on an annualized basis and a yield of 2.85%. Lockheed Martin’s dividend payout ratio (DPR) is 49.30%.

LMT has been the subject of a number of research reports. Morgan Stanley lifted their target price on Lockheed Martin from $300.00 to $324.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 13th. Citigroup decreased their target price on Lockheed Martin from $400.00 to $338.00 and set a “buy” rating for the company in a research note on Monday, January 14th. ValuEngine upgraded Lockheed Martin from a “sell” rating to a “hold” rating in a research note on Thursday, January 24th. Vertical Research upgraded Lockheed Martin from a “hold” rating to a “buy” rating and set a $340.00 target price for the company in a research note on Thursday, January 10th. Finally, Robert W. Baird restated a “buy” rating and issued a $326.00 target price on shares of Lockheed Martin in a research note on Friday, December 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $350.00.

In other news, Chairman Marillyn A. Hewson sold 59,434 shares of Lockheed Martin stock in a transaction that occurred on Tuesday, February 26th. The stock was sold at an average price of $306.60, for a total transaction of $18,222,464.40. Following the sale, the chairman now owns 109,531 shares of the company’s stock, valued at $33,582,204.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michele A. Evans sold 7,690 shares of Lockheed Martin stock in a transaction that occurred on Thursday, February 7th. The shares were sold at an average price of $298.78, for a total value of $2,297,618.20. Following the sale, the insider now directly owns 7,690 shares in the company, valued at approximately $2,297,618.20. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 85,186 shares of company stock valued at $26,010,927. 0.35% of the stock is currently owned by insiders.

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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. It operates through four segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space.

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Earnings History for Lockheed Martin (NYSE:LMT)

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