オプションチェーンは、Lockheed Martinの株式オプションの主要データを様々な行使価格と満期日で表示します。トレーダーはこの情報を使用して、潜在的な取引を分析し、Lockheed Martinの市場センチメントを評価します。.

Lockheed Martin (NYSE:LMT) 株価情報, オプションチェーン

Lockheed Martin

Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.

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本日の注目ポイントは以下の通りです。投機的なセンチメント以下の点に注目：この記事は個別の銘柄ではなく、大局についてのものである。TSLA株のチャートはさまざまな視点について示すために使用されている。

ヒューマロイドロボットの競争激化　市場は投機的に

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ロッキード・マーティン（NYSE：LMT）のフロートのショート比率（割当株式に対する空売り株の割合）が、前回の報告から15.05％増のなっている。同社は最近、215万株が空売りされたと報告しており、これは取引可能な全ての普通株式のうち1.07％に相当する。取引量と合わせると、空売りポジションをカバーするには、平均して2.43日の取引が必要だ。

ロッキード・マーティン　215万株の空売りに直面

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Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) announced it will make its open-source Llama artificial intelligence models available to U.S. government agencies working on national security and defense applications, marking a significant expansion of the <a href="https://www.benzinga.com/news/24/11/41734318/mark-zuckerbergs-nuclear-powered-ai-ambitions-at-meta-stung-by-rare-bees">technology&#8217;s authorized use cases</a>.
The social media giant is partnering with major government contractors and technology firms including Amazon.com Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Amazon Web Services, Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), and Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) to implement these AI models across various defense initiatives.
&#8220;As an American company, and one that owes its success in no small part to the entrepreneurial spirit and democratic values the United States upholds, Meta wants to play its part to support the safety, security and economic prosperity of America – and of its closest allies too,&#8221; said Nick Clegg, President of Global Affairs at Meta.
Several contractors have already begun implementing Llama in their operations:
<ul>
<li>Oracle is using the technology to improve aircraft maintenance by helping technicians diagnose problems more quickly</li>
<li>Scale AI is fine-tuning the model for national security missions and identifying potential vulnerabilities</li>
<li>Lockheed Martin has integrated Llama into its AI Factory for code generation and data analysis</li>
<li>Amazon Web Services and Microsoft Azure are hosting the models on secure cloud platforms for sensitive government data</li>
</ul>
See Also: <a href="https://www.benzinga.com/markets/equities/24/11/41734875/palantirs-ai-gamble-pays-off-as-customer-revenue-from-single-customer-jumps-12x-in-under-8-month">Palantir&#8217;s AI Gamble Pays Off As Customer Revenue From Single Customer Jumps 12x In Under 8 Months — Alex Karp Quips: &#8216;We Should Just Go Home&#8217;</a>
Why It Matters: Meta emphasized that making Llama available for defense applications aligns with U.S. interests in the global AI race, particularly as nations like China invest heavily in <a href="https://www.benzinga.com/top-stories/24/11/41718416/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-october-2024-where-do-tesla-nvidia-apple-d">developing their own open-source models</a>.
The company noted that large language models can support various aspects of national security, including streamlining logistics, tracking terrorist financing, and strengthening cyber defenses.
Beyond military applications, Meta highlighted broader public sector benefits, with Deloitte implementing Llama-based solutions for government agencies and nonprofits to improve public service delivery in areas such as education and energy.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41734887/cathie-woods-latest-shake-up-dumps-palantir-and-jack-dorseys-block-along-with-tesla-buys-amazon-">Cathie Wood&#8217;s Latest Shake-up: Dumps Palantir And Jack Dorsey&#8217;s Block Along With Tesla, Buys Amazon And Meta</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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All eyes are focused on the upcoming U.S. presidential election, with several indicators suggesting a tight race between Vice President Kamala Harris and former President Donald J. Trump. However, a<a href="https://www.benzinga.com/news/24/11/41702887/harris-takes-lead-in-red-state-iowa-in-shock-poll"> shocking poll</a> result in Iowa may have significant implications for the race and thus for the broader geopolitical paradigm.
According to pollster Ann Selzer of the Des Moines Register, Harris leads Trump 47% to 44% among likely voters. As Benzinga staff writer Bibhu Pattnaik mentioned, the significance is that "Trump held a four-point lead in the same poll in September – and led President Joe Biden by 18 points before Biden quit the race."
To be fair, another Iowa poll conducted by Emerson College Polling/RealClearDefense showed that Trump is leading Harris by 10 percentage points. Therefore, the Trump campaign dismissed the Des Moines Register/Mediacom survey as an "outlier poll."
Nevertheless, Selzer commands a<a href="https://www.newsweek.com/who-ann-selzer-iowa-poll-kamala-harris-1979294"> strong</a> reputation, having made controversial calls that later turned out to be correct. These calls included correctly predicting Trump's win in Iowa in 2016 and 2020. If the pollster turns out to be correct once more, investors may want to turn their attention to the geopolitical realm.
Harris has maintained the Biden administration's strong support of Ukraine in its efforts to expel Russia's invasion. At the same time, the vice president has<a href="https://www.benzinga.com/news/24/09/40811624/kamala-harris-slams-donald-trump-over-friendship-with-russian-president-a-dictator-who-would-eat-you"> also blasted Trump</a> for his "friendship" with Russian president Vladimir Putin. Should Harris win on Tuesday, it's probable that every effort would be made to provide lethal aid to Ukraine. Cynically, this push would likely bolster the defense industry.
The DFEN ETF: Investors willing to speculate on an electoral victory for the Democrats may consider the Direxion Daily Aerospace &amp; Defense Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFEN#NYSE">DFEN</a>). A highly leveraged exchange-traded fund, DFEN seeks the daily investment results of 300% of the performance of the Dow Jones U.S. Select Aerospace &amp; Defense Index.
Under the DFEN fund are leading defense contractors, such as RTX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) and Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>). However, the ETF also includes companies that are tied to civilian aerospace infrastructure, particularly General Electric Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) — which conducts business under GE Aerospace — and Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>).
However, it should be noted that leveraged ETFs are incredibly risky. Further, investors should not hold a position for longer than one day. Otherwise, the daily compounding of volatility could lead to value erosion over time.
The DFEN Chart: Although DFEN predictably encountered significant choppiness, the overall picture has been bullish, with the fund gaining 34% on a year-to-date basis.
<ul>
<li>The defense-focused ETF saw a noticeable pop higher on Monday off the back of the aforementioned Iowa poll.</li>
<li>It's also interesting to note that DFEN began showing signs of life after President Joe Biden dropped out of the race, allowing Harris to shine.</li>
<li>Nevertheless, investors should watch the broadening wedge formation that has developed since July, which may have bearish implications.</li>
</ul>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfrKHJD6Fu8oL9or0F5h4uECVdYzZJk1qWF9WUBxWePDex7pku9b_M4gC-QtiKbh_ZpvORnkJQxGadiKg2UFam3BzVbMHlsXX5oNdKV2OWVn9eeqpjAk_3mvpKGJTHucoz1ikj-rxo6iUo7tuMFxEC_kZc?key=8eSb-ke5LINFd69vDC9NyN6A" alt="" /></figure>
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Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) has outperformed the market over the past 20 years by 3.62% on an annualized basis producing an average annual return of 11.95%. Currently, Lockheed Martin has a market capitalization of $128.66 billion. 
Buying $1000 In LMT: If an investor had bought $1000 of LMT stock 20 years ago, it would be worth $9,623.39 today based on a price of $547.40 for LMT at the time of writing.
<h3>Lockheed Martin's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730316634_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 20 Years Ago, You Would Have $9,600 Today

Barclays analyst David Strauss maintains Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) with a Equal-Weight and raises the price target from $505 to $565.

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Barclays Maintains Equal-Weight on Lockheed Martin, Raises Price Target to $565

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Lockheed Martin Secures $113M SEWIP Contract For U.S. Navy And First International Sale To Japan, Enhancing Shipboard Electronic Warfare Capabilities And Strengthening Pacific Alliance

On Monday, Cathie Wood&#8217;s Ark Invest made significant trades in Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Robinhood Markets Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), Block Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>). These trades were part of a series of transactions carried out by Ark Invest&#8217;s various ETFs.
The Amazon Trade
Ark Invest&#8217;s ARK Innovation ETF (NYSE; ARKK) and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) purchased a substantial 141,504 shares of Amazon.com Inc. This transaction was valued at $26.65 million based on Amazon&#8217;s closing price of $188.39 on Monday. This move comes after a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41340022/amazon-analyst-expects-q3-earnings-with-revenue-growth-margin-expansion-relative-st">Goldman Sachs analyst&#8217;s prediction</a> of a solid mix of revenue growth and operating margin expansion for the e-commerce giant in its third-quarter financial results.
The Robinhood Trade
On the same day, Ark Invest&#8217;s Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>) fund sold 7,555 shares of Robinhood Markets Inc. The transaction was valued at $210.633. On Monday Robinhood stock closed 3% higher at $27.88.This decision followed a <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41525589/robinhoods-crypto-strategy-hits-sweet-spot-for-dominating-future-investment-landscape-bern">Bernstein report</a> that highlighted Robinhood&#8217;s potential to become the leading cryptocurrency investment platform in the future, thanks to its diverse offering of 15 crypto tokens. Notably, the world&#8217;s apex cryptocurrency Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41590577/bitcoin-breaks-70k-ethereum-and-dogecoin-rise-amid-stock-rally-ahead-of-mag-7-earnings-ana">surged past the $70,000 mark</a> on Monday. 
The Square Trade
Ark Invest&#8217;s ARKK and ARKW funds sold a combined total of 418,556 shares of Block Inc. The transaction was valued at $31.2 million based on the stock&#8217;s closing price of $74.48 on Monday. This trade occurred despite <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40138790/block-inc-earns-analyst-praise-q2-results-showcase-cash-app-growth-strategic-innova">analyst praise</a> for the company&#8217;s second-quarter results, which showcased growth in its Cash App and strategic innovations.
The AMD Trade
Ark Invest&#8217;s ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>) fund purchased 10,199 shares of Advanced Micro Devices Inc worth $1.63 million. This move comes as AMD is set to report its third-quarter earnings, with Wall Street expecting 92 cents in EPS and $6.71 billion in revenues. <a href="https://www.benzinga.com/trading-ideas/technicals/24/10/41586844/amd-q3-earnings-on-deck-mixed-signals-on-charts-as-ai-server-gains-take-focus">According to Benzinga</a>, the stock has seen a 65.19% increase over the past year and a 14.65% increase year-to-date.
The Meta Platforms Trade
Ark Invest&#8217;s ARKK and ARKW funds bought 22,175 and 16,580 shares of Meta Platforms Inc. respectively. The trades amounted to $22.4 million. Meta stock closed nearly 0.9% higher at $578.16 for the day. This decision follows reports of <a href="https://www.benzinga.com/news/24/10/41582881/meta-platforms-is-building-ai-powered-search-engine-to-slash-reliance-on-alphabets-google-microsoft">Meta&#8217;s development of an AI-powered search engine</a> to reduce reliance on other big tech players, such as Alphabet Inc and Microsoft Corp.
The Palantir Trade
Ark Invest&#8217;s ARKW fund sold 128,908 shares of Palantir Technologies Inc, worth $5.8 million. Palantir closed 0.25% higher at $44.97 on Monday. <a href="https://www.benzinga.com/news/24/10/41554264/palantir-technologies-stock-reaches-new-52-week-high-whats-going-on">Palantir&#8217;s stock recently hit a new 52-week high</a>, with significant growth in 2024 and a market cap of $100.69 billion. The company also announced a strategic partnership with L3Harris Technologies Inc to expand capabilities in AI-driven defense technology.
The Tesla Trade
Ark Invest sold a total of 120,141 Tesla shares from ARKK and ARKW, the transaction was valued at $31.5 million based on Tesla&#8217;s closing price of $262.51 per share on the same day. This move by Ark Invest comes on the heels of Tesla&#8217;s strong third-quarter earnings, which exceeded estimates and demonstrated improving margins. The electric vehicle behemoth also provided a robust vehicle delivery outlook for 2025, a highlight for analysts. Notably, Wood $22 million worth of Tesla shares on Thursday.
See Also: <a href="https://www.benzinga.com/markets/equities/24/10/41559545/jim-cramer-says-apple-meta-amazon-and-other-tech-earnings-present-a-huge-opportunity-but-advises?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Says Apple, Meta, Amazon And Other Tech Earnings Present A &#8216;Huge Opportunity,&#8217; But Advises To</a>
Other Key Trades: 
<ul>
<li>ARK Invest&#8217;s ARKG fund bought shares of Absci Corp and sold shares of Veracyte Inc. The ARKK fund also bought shares of Cerus Corp. ARKW bought shares of Shopify Inc.</li>
<li>ARKX sold 854 shares of Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>).</li>
</ul>
Image via Ark Invest
Read Next: <a href="https://www.benzinga.com/news/earnings/24/10/41573022/how-to-earn-500-a-month-from-ford-stock-ahead-of-q3-earnings?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Ford: How To Earn $500 A Month From Q3 Earnings</a>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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Cathie Wood's Flurry Of Trades: Offloads $31.5M in Tesla, Buys Amazon, AMD And Meta — Dumps Palantir, Trims Robinhood And Square Amid Bitcoin Rally

Lockheed Martin's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) short percent of float has risen 3.39% since its last report. The company recently reported that it has 2.40 million shares sold short, which is 1.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.65 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Lockheed Martin Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730142912_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Lockheed Martin has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Lockheed Martin's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Lockheed Martin's peer group average for short interest as a percentage of float is 3.10%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Lockheed Martin's Recent Short Interest

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U.S. Senator Jerry Moran Urges FAA To Speed Up Rocket Launch Licensing Process, 'Troubled' By 'Regulatory Inefficiency,'

Lockheed Martin (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lmt#NYSE">LMT</a>) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this aerospace and defense company have returned -3.5%, compared to the Zacks S&amp;P 500 composite&#39;s +2% change. During this period, the Zacks Aerospace - Defense industry, which Lockheed falls in, has lost 6.1%. The key question now is: What could be the stock&#39;s future direction?
Although media reports or rumors about a significant change in a company&#39;s business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
<h3>Earnings Estimate Revisions</h3>
Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company&#39;s earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors&#39; interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Lockheed is expected to post earnings of $6.61 per share, indicating a change of -16.3% from the year-ago quarter. The Zacks Consensus Estimate has changed -1.8% over the last 30 days.
The consensus earnings estimate of $26.60 for the current fiscal year indicates a year-over-year change of -4.4%. This estimate has changed +0.6% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $28.48 indicates a change of +7.1% from what Lockheed is expected to report a year ago. Over the past month, the estimate has changed -1.3%.
Having a strong <a href="https://www.zacks.com/performance_disclosure" target="_blank">externally audited track record</a>, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock&#39;s price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other <a href="https://www.zacks.com/education/stock-education/zacks-rank-guide-9" target="_blank">factors related to earnings estimates</a>, Lockheed is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company&#39;s forward 12-month consensus EPS estimate:
<h2>12 Month EPS</h2>
<img alt="12-month consensus EPS estimate for LMT _12MonthEPSChartUrl" class="chart" src="https://chart-service.zacks.com/images/weekly/yesop_12_month_eps/LMT.png" style="height:371px; width:624px" title="" />
<h3>Revenue Growth Forecast</h3>
Even though a company&#39;s earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It&#39;s almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company&#39;s potential revenue growth is crucial.
In the case of Lockheed, the consensus sales estimate of $18.59 billion for the current quarter points to a year-over-year change of -1.5%. The $71.09 billion and $73.76 billion estimates for the current and next fiscal years indicate changes of +5.2% and +3.8%, respectively.
<h3>Last Reported Results And Surprise History</h3>
Lockheed reported revenues of $17.1 billion in the last reported quarter, representing a year-over-year change of +1.3%. EPS of $6.84 for the same period compares with $6.77 a year ago.
Compared to the Zacks Consensus Estimate of $17.28 billion, the reported revenues represent a surprise of -1.05%. The EPS surprise was +5.72%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
<h3>Valuation</h3>
No investment decision can be efficient without considering a stock&#39;s valuation. Whether a stock&#39;s current price rightly reflects the intrinsic value of the underlying business and the company&#39;s growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company&#39;s valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock&#39;s price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Lockheed is graded B on this front, indicating that it is trading at a discount to its peers. <a href="https://www.zacks.com/stock/research/LMT/stock-style-scores" target="_blank">Click here </a> to see the values of some of the valuation metrics that have driven this grade.
<h3>Conclusion</h3>
The facts discussed here and much other information on Zacks.com might help determine whether or not it&#39;s worthwhile paying attention to the market buzz about Lockheed. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
<a href="https://www.zacks.com/stock/news/2358380/lockheed-martin-corporation-lmt-is-a-trending-stock-facts-to-know-before-betting-on-it?cid=CS-BENZ-FT-tale_of_the_tape|most_searched_stocks_v1-2358380">To read this article on Zacks.com click here.</a>

Earnings

General

Lockheed Martin Corporation Is A Trending Stock: Facts To Know Before Betting On It

Live On CNBC, Jim Lebenthal Announces Bought Lockheed Martin

Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) reported mixed third-quarter results before Tuesday's opening bell, missing the consensus revenue estimate, but beating consensus on the bottom line. RBC Capital Markets analyst Ken Herbert offered insights into the <a href="https://www.benzinga.com/news/earnings/24/10/41456920/lockheed-martin-raises-annual-eps-guidance-but-struggles-with-sales-stock-slips">defense contractor's report. </a>
The Details: Herbert highlighted Lockheed Martin's ​​Missiles and Fire Control (MFC) segment which delivered 8% revenue growth year-over-year with operating income in the segment up 15%. The MFC segment led sales and operating profit growth and the RBC analyst saw the segment as a "highlight for the potential outlook into 2025."
RBC highlighted the company's <a href="https://www.benzinga.com/news/earnings/24/10/41441159/lockheed-martin-reports-q3-results-tuesday-heres-what-to-watch">free cash flow</a> of $2.1 billion for the quarter, which beat the consensus estimate of $1.3 billion. The research firm sees mid-single-digit growth in free cash flow based on Lockheed's working capital improvements, which will support continued strength in the stock.
Read Next:<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41431993/amd-to-benefit-from-ai-competitive-arms-race-goldman-sachs"> </a><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41497160/starbucks-analysts-bullish-on-ceo-brian-niccol-after-tough-preannouncement-zeroing-">Starbucks Analysts Bullish On CEO Brian Niccol After Tough Preannouncement: &#8216;Zeroing In&#8217; On Right Issues</a>
Lockheed Martin provided a multi-year growth framework for 2025 through 2027 which Herbert views as conservative and said "The lackluster baseline assumptions could have contributed to pressure on the stock today." The analyst noted, however, that given election uncertainty, the timing of contracts and caution on the supply chain the company's conservatism may be warranted. 
RBC Capital Markets <a href="https://www.benzinga.com/quote/LMT/analyst-ratings">maintained</a> its Outperform rating on Lockheed Martin shares but lowered its price target from $675 to $665. 
LMT Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Lockheed Martin shares ended Wednesday's session 1% lower at $571.10. 
Read Also:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41489239/bank-of-america-ceo-cautions-fed-not-to-go-too-fast-or-too-slow-on-interest-rate-cuts">Bank Of America CEO Cautions Fed Not To &#8216;Go Too Fast Or Too Slow&#8217; On Interest Rate Cuts</a></li>
</ul>
Photo: Courtesy of Lockheed Martin

Analyst Color

Lockheed Martin Analyst Spotlights Revenue, Free Cash Flow, Cautious About Conservative Growth Outlook

<a href="https://www.dsca.mil/press-media/major-arms-sales/poland-f-16-viper-midlife-upgrade">https://www.dsca.mil/press-media/major-arms-sales/poland-f-16-viper-midlife-upgrade</a>
&nbsp;
The State Department has made a determination approving a possible Foreign Military Sale to the Government of Poland of F-16 Viper Midlife Upgrade and related elements of logistics and program support for an estimated cost of $7.30 billion. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today.

iShares MSCI Poland Investable Market Index Fund ETF

EPOL

U.S. State Dept Approves Potential Sale Of F-16 Viper Midlife Upgrade To Poland For Estimated $7.3B

RBC Capital analyst Ken Herbert maintains Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) with a Outperform and lowers the price target from $675 to $665.

RBC Capital Maintains Outperform on Lockheed Martin, Lowers Price Target to $665

TD Cowen analyst Cai von Rumohr maintains Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) with a Buy and raises the price target from $560 to $610.

TD Cowen Maintains Buy on Lockheed Martin, Raises Price Target to $610

UBS analyst Gavin Parsons maintains Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) with a Neutral and raises the price target from $589 to $603.

UBS Maintains Neutral on Lockheed Martin, Raises Price Target to $603

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the<a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">General Electric Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>)</h3>
<ul>
<li>On Oct. 22, the company reported adjusted revenue growth of 6% Y/Y to $8.943 billion and GAAP revenue of $9.84 billion. "The GE Aerospace team delivered strong results, with demand driving orders up 28%. We grew earnings 25% and produced substantial free cash flow, both largely driven by services. Given the strength of our results and 4Q expectations, we're raising our earnings and cash guidance for the year," commented GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. The analyst consensus was $9.022 billion.. The company's stock fell around 7% over the past five days and has a <a href="https://www.benzinga.com/quote/GE">52-week low of $84.32</a>.</li>
<li>RSI Value: 26.67&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>GE Price Action: Shares of General Electric fell 9.1% to close at $176.66 on Tuesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1">latest GE news.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="905" height="831" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045525/image-210.png" alt="" class="wp-image-609096" style="width:639px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045525/image-210.png 905w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045525/image-210-300x275.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045525/image-210-768x705.png 768w" sizes="(max-width: 905px) 100vw, 905px" /></a></figure>
<h3 class="wp-block-heading">Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On Oct. 22, Lockheed Martin reported mixed third-quarter results. The company reported net sales growth of 1.3% year-over-year to $17.104 billion, missing the consensus of $17.351 billion. Adjusted EPS of $6.84, up from $6.77 in the prior year, topped the consensus of $6.50. "As a result of our strong year-to-date results and confidence in our near-term performance, we are raising the outlook for full year 2024 sales, segment operating profit, EPS and free cash flow," commented Lockheed Martin Chairman, President, and CEO Jim Taiclet. The company's stock fell around 4% over the past five days and <a href="https://www.benzinga.com/quote/LMT">has a 52-week low</a> of $413.92.</li>
<li>RSI Value: 29.00</li>
<li>LMT Price Action: Shares of Lockheed Martin fell 6.1% to close at $576.98 on Tuesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1">trend in LMT stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="913" height="842" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045610/image-211.png" alt="" class="wp-image-609101" style="width:668px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045610/image-211.png 913w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045610/image-211-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045610/image-211-768x708.png 768w" sizes="(max-width: 913px) 100vw, 913px" /></a></figure>
<h3 class="wp-block-heading">ManpowerGroup Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAN#NYSE">MAN</a>)</h3>
<ul>
<li>On Oct. 17, ManpowerGroup issued fourth-quarter EPS guidance below estimates. The company's shares fell around 13% over the past five days and has a 52-week <a href="https://www.benzinga.com/quote/MAN">low of $61.53</a>.</li>
<li>RSI Value: 29.40</li>
<li>MAN Price Action: Shares of ManpowerGroup gained 0.4% to close at $62.84 on Tuesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1">breakout in MAN shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="887" height="847" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045701/image-212.png" alt="" class="wp-image-609102" style="width:683px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045701/image-212.png 887w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045701/image-212-300x286.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23045701/image-212-768x733.png 768w" sizes="(max-width: 887px) 100vw, 887px" /></a></figure>
Read More: 
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41479244/dow-edges-lower-as-investors-watch-earnings-reports-with-caution-fear-index-remains-in-greed-zone">Dow Edges Lower As Investors Watch Earnings Reports With Caution: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

Pre-Market Outlook

Top 3 Industrials Stocks That Could Blast Off In October

Susquehanna analyst Charles Minervino maintains Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) with a Positive and lowers the price target from $705 to $695.

Susquehanna Maintains Positive on Lockheed Martin, Lowers Price Target to $695

Wall Street traded lower for the second consecutive day on Tuesday, as investor sentiment turned cautious with the U.S. presidential election <a href="https://www.benzinga.com/topic/2024-elections">just two weeks away. </a>
Concerns over U.S. fiscal policies and potential shifts in economic direction fueled the pause in risk-taking.
The International Monetary Fund (IMF) upgraded its U.S. growth forecasts for 2024 and 2025 in the latest World Economic Outlook, while also flagging rising concerns about the country's debt trajectory, warning that with current large fiscal deficits, &#8220;the U.S. public debt is not stabilized.&#8221;
Commodities were the standout performers on Tuesday, with both metals and energy experiencing notable gains.
Gold, tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>), rose 0.8%, pushing further into record territory. This increase extended its year-to-date performance to 34%, positioning gold for its strongest <a href="https://www.benzinga.com/markets/bonds/24/10/41455678/gold-on-track-for-best-year-since-1979-veteran-investor-says-sell-bonds-buy-gold">annual gain since 1979.</a> Gold miners, as represented by the VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>), rallied for the ninth consecutive session, hitting their highest levels in over four years.
Silver, tracked by the iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>), surged 2.8%, reaching levels not seen since October 2012.
Oil prices rallied nearly 3%, building on a 2% surge from Monday. U.S. Treasury yields ticked up modestly on Tuesday following Monday's spike, with the 10-year yield settling at 4.21%.
Meanwhile, the U.S. Dollar Index (DXY), tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>), climbed past the 104 mark, continuing its steady ascent and eyeing a fourth consecutive week of gains.
In the cryptocurrency market, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell 0.5%, dipping to around $67,000 and marking its second consecutive day of declines.
<h3 class="wp-block-heading">Tuesday&#8217;s Performance In US Major Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %change</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,907.57</td>
<td>-0.1 %</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,840.39</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,291.15</td>
<td>-0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,228.60</td>
<td>-0.5%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:35 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent102224&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 0.3% to $581.79.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;inched 0.1% lower to $429.14.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) fell 0.4% to $493.29.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.5% $221.04.</li>
<li>The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 0.6%. The Industrial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) lagged, down 1.1%.</li>
</ul>
<h3 class="wp-block-heading">Tuesday&#8217;s Stock Performers</h3>
General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) surged 9%, on track for its strongest session in nearly a year, after reporting stronger-than-expected earnings and announcing an additional $5 billion share buyback program extending into next year.
Other stocks reacting to earnings include: 
<ul>
<li>Southern Copper Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>), up 1.5%</li>
<li>Nucor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>), down 6%</li>
<li>W.R. Berkley Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>), down 4.6%</li>
<li>Zion Bancorp. N.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZION#NASDAQ">ZION</a>), up 6.8%</li>
<li>Wintrust Financial Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>), up 1.6%</li>
<li>Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), up 8.8%</li>
<li>GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), down over 8%</li>
<li>Danaher Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>), down 3%</li>
<li>Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), down 4.4%</li>
<li>RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), down 0.4%</li>
<li>Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), down 5.8%</li>
<li>Fiserv Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>), down 0.4%</li>
<li>Moodys Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>) down 4.5%</li>
<li>3M Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), down 0.9%</li>
<li>Freeport-McMoran Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>), up 1.4%</li>
<li>Kimberly-Clark Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>), down 4%</li>
<li>PulteGroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>), down 5.7%</li>
</ul>
Large-cap companies reporting earnings after the close include Texas Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), Baker Hughes Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>), Seagate Technology Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>), Packaging Corporation of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>), Manhattan Associates Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>), East West Bancorp. Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) and Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>)
Now Read:
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<li><a href="https://www.benzinga.com/government/24/10/41455013/how-us-elections-could-impact-us-dollar-goldman-sachs-expects-greenback-will-remain-stronger-for-lon">How US Elections Could Impact US Dollar: Goldman Sachs Expects Greenback Will Remain &#8216;Stronger For Longer&#8217;</a></li>
</ul>
Image: Shutterstock

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WTFC

ZION

Stocks Fall, GM Eyes Best Day In A Year, Gold Breaks Records, Silver Hits 12-Year Highs: What's Driving Markets Tuesday?

Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) shares are trading lower after the company <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/n41448401/lockheed-martin-reports-third-quarter-2024-financial-results" rel="noreferrer noopener">reported mixed third-quarter results.</a>
The company reported net sales growth of 1.3% year-over-year to $17.104 billion, missing the consensus of $17.351 billion. Adjusted EPS of $6.84, up from $6.77 in the prior year, <a href="https://www.benzinga.com/earnings">topped the consensus of $6.50.</a>
The gross margin expanded 24 bps to 12.4%. The operating profit was $2.14 billion, and the margin increased by 41 bps to 12.5%.
Aeronautics sales were $6.487 billion (-3% YoY), and the operating margin was 10.2%, up from 10% YoY. Missiles and Fire Control sales of $3.175 billion (+8% YoY); operating margin was 14.4%, up from 13.5% YoY.
Rotary and Mission Systems sales of $4.367 billion (+6% YoY); operating margin 11.1%, down 60 bps. Space net sales of $3.075 billion (-1% YoY); operating margin 8.8%, up 40 bps.
Lockheed Martin generated operating cash flow for the nine months of $5.949 billion, compared to $5.555 billion a year ago.
At the end of the quarter, LMT&#8217;s total backlog was $165.693 billion, an increase of 3.1% from December 31, 2023. LMT returned $1.6 billion of cash to shareholders through dividends and share repurchases during the quarter.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41445538/lockheed-martin-shares-are-rising-in-tuesday-pre-market-whats-going-on" rel="noreferrer noopener">Lockheed Martin Shares Are Rising In Tuesday Pre-Market: What&#8217;s Going On?</a>
Dividend: Recently, LMT declared a fourth-quarter dividend payment of $3.30 per share, representing an increase of $0.15 per share over the prior quarterly dividend payment. Payable on December 27 to holders of <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/n41151642/lockheed-martin-declares-fourth-quarter-2024-dividend" rel="noreferrer noopener">record as of the close of business on December 2.</a>
Also on October 2, the company&#8217;s board authorized the repurchase of its common stock up to an additional&nbsp;$3.0 billion, increasing the total authorization for potential future common stock repurchases to&nbsp;$10.3 billion.
&#8220;As a result of our strong year-to-date results and confidence in our near-term performance, we are raising the&nbsp;outlook&nbsp;for full year 2024 sales, segment operating profit, EPS and free cash flow,&#8221; commented Lockheed Martin Chairman, President, and CEO Jim Taiclet.
&#8220;Looking forward, we continue to make progress on the three key initiatives of our 21st Century Security strategy of strengthening the resiliency and scalability of our production system, accelerating cutting edge digital and physical technologies into all our mission solutions and our internal operations, and expanding international partnerships to broaden our production capacity and drive more international sales,&#8221; added Taiclet.
FY24 Outlook, revised: Lockheed Martin narrows sales guidance from the $70.50 billion &#8211; $71.50 billion range to ~$71.25 billion versus the consensus of $71.05 billion.
LMT raises EPS guidance to ~$26.65 from $26.10 &#8211; $26.60, <a href="https://www.benzinga.com/calendars/guidance">versus the consensus of $26.38.</a>
The company now sees Business segment operating profit of $7.475 billion (prior $7.35 billion &#8211; $7.50 billion), cash from operations of $7.95 billion (prior $7.75 billion &#8211; $8.05 billion), and free cash flow of $6.2 billion (prior $6 billion &#8211; $6.3 billion).
Price Action: LMT shares are trading lower by 4.91% at $584.45 at the last check Tuesday.
Photo via Shutterstock

Guidance

Dividends

Buybacks

Movers

Lockheed Martin Raises Annual EPS Guidance But Struggles With Sales; Stock Slips

WIIM

Lockheed Martin shares are trading lower after the company reported mixed Q3 financial results.

Boeing's $19B share sale covers near-term financial needs, analysts say

Lockheed Martin's Sikorsky secures $1.24B U.S. Army contract modification

Lockheed Martin (LMT) was awarded a $1.24B modification to a contract for UH-60M aircraft. Work will be performed in Stratford, Connecticut, with a...

Lockheed Martin awarded $1.24B Army contract modification

Harris Or Trump? How The Next President Could Change The Game For Stocks, Taxes, And Inflation

Barclays raised the firm's price target on Lockheed Martin (LMT) to $565 from $505 and keeps an Equal Weight rating on the shares. The analyst upda...

Lockheed Martin price target raised to $565 from $505 at Barclays

Lockheed Martin (LMT) has completed its previously announced acquisition of Terran Orbital, a manufacturer of innovative modular spacecraft serving...

Lockheed Martin completes Terran Orbital acquisition

Becton, Dickinson And HP Among 13 Companies To Announce Annual Dividend Increases In First Half Of November

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Ariel Investments Focus Fund Q3 2024 Commentary

A deep dive into the market's response to Trump's re-election, analyzing top stocks set to gain from his policies. Using a four-pillar approach, we uncover key investment opportunities and sector shifts amid this new mandate.

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