Lockheed Martin (NYSE:LMT) Updates FY 2025 Earnings Guidance

Lockheed Martin (NYSE:LMT) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 27.000-27.300 for the period, compared to the consensus earnings per share estimate of 27.910. The company issued revenue guidance of $73.8 billion-$74.8 billion, compared to the consensus revenue estimate of $74.1 billion.

Lockheed Martin Trading Down 9.1 %

Shares of LMT stock opened at $457.89 on Wednesday. The stock has a 50-day simple moving average of $497.18 and a 200 day simple moving average of $537.55. Lockheed Martin has a fifty-two week low of $413.92 and a fifty-two week high of $618.95. The stock has a market capitalization of $108.54 billion, a P/E ratio of 16.58, a P/E/G ratio of 4.05 and a beta of 0.48. 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 (NYSE:LMT) last announced its earnings results on Tuesday, January 28th. The aerospace company reported $7.67 earnings per share for the quarter, beating the consensus estimate of $6.58 by $1.09. Lockheed Martin had a return on equity of 101.44% and a net margin of 9.36%. On average, sell-side analysts expect that Lockheed Martin will post 26.89 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be paid a dividend of $3.30 per share. This represents a $13.20 annualized dividend and a yield of 2.88%. Lockheed Martin’s dividend payout ratio is currently 47.79%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on LMT shares. UBS Group increased their price target on Lockheed Martin from $589.00 to $603.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Barclays decreased their price target on Lockheed Martin from $565.00 to $515.00 and set an “equal weight” rating for the company in a research report on Monday, January 6th. Royal Bank of Canada decreased their price target on Lockheed Martin from $675.00 to $665.00 and set an “outperform” rating for the company in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. decreased their price target on Lockheed Martin from $546.00 to $540.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft lowered Lockheed Martin from a “buy” rating to a “hold” rating and decreased their price target for the company from $611.00 to $523.00 in a research report on Thursday, January 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $577.73.

About Lockheed Martin

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.