Lockheed Martin (LMT) Set to Post Earnings on Thursday

Lockheed Martin (NYSE:LMT) is projected to issue its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to post earnings of $7.52 per share and revenue of $20.48 billion for the quarter. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Individuals may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 8:30 AM ET.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating the consensus estimate of $7.22 by $0.72. The company had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%. Lockheed Martin’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period last year, the company earned $1.46 earnings per share. On average, analysts expect Lockheed Martin to post $30.44 EPS for the current fiscal year and $32.99 EPS for the next fiscal year.

Lockheed Martin Stock Down 0.5%

Lockheed Martin stock opened at $549.29 on Tuesday. The stock has a market capitalization of $126.77 billion, a PE ratio of 19.20, a price-to-earnings-growth ratio of 1.20 and a beta of 0.09. Lockheed Martin has a 12 month low of $437.25 and a 12 month high of $692.00. The business has a 50 day simple moving average of $540.85 and a 200-day simple moving average of $543.09. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01.

Lockheed Martin Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be given a dividend of $3.60 per share. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. This represents a $14.40 dividend on an annualized basis and a dividend yield of 2.6%. Lockheed Martin’s payout ratio is 50.87%.

Key Lockheed Martin News

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Lockheed Martin and RTX’s joint venture won a $215 million U.S. Army contract for Javelin launchers, adding to demand for the companies’ missile systems. RTX, Lockheed Martin JV wins $215M US Army contract for Javelin launchers
• Positive Sentiment: LMT secured a $117.1 million Apache helicopter radar-support contract. The award reinforces recurring sustainment revenue and Lockheed’s role in supporting critical U.S. Army electronic-warfare systems. LMT Secures $117.1M Contract for Apache Helicopter Radar Support
• Positive Sentiment: Ukraine’s president discussed accelerating Patriot deliveries with Lockheed Martin, highlighting continuing international demand for the company’s air-defense products. Ukraine’s Zelenskiy discusses speeding up supplies of Patriots with Lockheed Martin
• Positive Sentiment: An investment analysis emphasized LMT’s defensive characteristics, close U.S. government relationship, long-term stability and dividend income. Its historically resilient performance during market stress may support demand from income-oriented investors. Why Lockheed Martin May Be an Underrated Stock to Buy Right Now
• Neutral Sentiment: Investors are focused on LMT’s upcoming third-quarter report, particularly revenue and earnings, F-35 deliveries, backlog conversion, margins and cash flow. The preview creates near-term event risk because results or guidance could differ from expectations. Lockheed Martin Earnings Preview
• Negative Sentiment: New Pentagon sourcing rules will require non-Chinese rare-earth magnets by 2027. Finding domestic or allied suppliers could increase costs or complicate production, although potential changes allowing Norway’s sovereign wealth fund to invest in Western defense companies could provide a partial offset. Lockheed Martin Faces 2027 Rare Earth Rules
• Negative Sentiment: Political criticism of defense contractors over profits from the Iran war introduces reputational and policy risk, despite management’s view that related demand may remain durable. Joe Kent Slams Defense Contractors

Analyst Ratings Changes

A number of equities research analysts recently issued reports on LMT shares. Robert W. Baird set a $700.00 price target on shares of Lockheed Martin in a research note on Friday, July 24th. Jefferies Financial Group reissued a “hold” rating on shares of Lockheed Martin in a report on Wednesday, September 2nd. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 9th. UBS Group reaffirmed a “buy” rating and set a $653.00 price objective on shares of Lockheed Martin in a report on Friday. Finally, Royal Bank Of Canada decreased their price objective on shares of Lockheed Martin from $600.00 to $550.00 and set a “sector perform” rating on the stock in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Lockheed Martin presently has a consensus rating of “Moderate Buy” and a consensus price target of $627.10.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.