Confident Investing Starts With TipRanks Premium

Get 55% Off
TipRanks
Go Ultimate55% OFF

Lockheed Martin (LMT) Stock Price & Analysis

LMT Stock Chart & Stats

$636.95-$6.64(-1.03%)
At close: 4:00 PM EDT
$500$550$6003 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$636.28 - $657.00
52-Week Range
$437.25 - $692.00
Previous Close
$643.59
Volume
1.74M
Average Volume (3M)
1.39M
Market Cap
$147.14B
Enterprise Value
$134.82B
Total Cash (Recent Filing)
$5.96B
Total Debt (Recent Filing)
$20.50B
Price to Earnings (P/E)
22.5
Beta
0.21
Next Earnings
Jan 26, 2027 (Est.)
EPS Estimate
8.34
Next Dividend Ex-Date
Dec 01, 2026
Dividend Yield
2.17%

Bulls Say, Bears Say

Bulls Say

Record Backlog

The record backlog and 4x book-to-bill ratio provide substantial multi-year revenue visibility across all four segments. Broad demand for aircraft, missiles, naval systems, and space programs supports sustained production, customer relationships, and future cash generation.

Strong Cash Generation

Strong operating and free cash flow give Lockheed Martin capacity to fund research, production expansion, dividends, and strategic investments internally. Although cash conversion softened, the absolute level of generation remains a durable support for execution and financial resilience.

Munitions Growth

The MFC growth framework points to a durable expansion opportunity tied to firm backlog and long-term contract conversion. Rising munitions demand, production investment, and expected mid-teens sales CAGR could diversify growth beyond mature aircraft programs.

Bears Say

Elevated Leverage

Leverage has improved from prior peaks but remains elevated relative to the company’s equity base, limiting balance-sheet flexibility. A highly leveraged structure increases sensitivity to earnings or cash-flow volatility and can constrain funding choices during major investment cycles.

Margin Compression

Lower net margins despite revenue growth indicate that cost, pricing, or program-mix pressures have reduced profitability. If this compression persists, it could limit the earnings benefit from backlog conversion and reduce cash available for investment, debt reduction, and shareholder returns.

Future Pension Funding

A pension contribution above $1 billion would represent a material future cash requirement alongside production expansion and other capital priorities. The obligation could reduce near-term financial flexibility and compete with debt reduction, strategic investment, or shareholder distributions.

Lockheed Martin News

LMT FAQ

What was Lockheed Martin’s price range in the past 12 months?
Lockheed Martin lowest stock price was $437.25 and its highest was $692.00 in the past 12 months.
What is Lockheed Martin’s market cap?
Lockheed Martin’s market cap is $147.14B.
When is Lockheed Martin’s upcoming earnings report date?
Lockheed Martin’s next earnings report is estimated for Jan 26, 2027 (not yet confirmed), which is in 85 days.
How were Lockheed Martin’s earnings last quarter?
Lockheed Martin released its earnings results on Oct 22, 2026. The company reported $7.97 earnings per share for the quarter, beating the consensus estimate of $7.519 by $0.451.
Is Lockheed Martin overvalued?
According to Wall Street analysts Lockheed Martin’s price is currently Undervalued.
Does Lockheed Martin pay dividends?
Lockheed Martin pays a Quarterly dividend of $3.6 which represents an annual dividend yield of 2.17%. See more information on Lockheed Martin dividends here
What is Lockheed Martin’s EPS estimate?
Lockheed Martin’s EPS estimate is 8.34.
How many shares outstanding does Lockheed Martin have?
Lockheed Martin has 231,004,640 shares outstanding.
What happened to Lockheed Martin’s price movement after its last earnings report?
Lockheed Martin reported an EPS of $7.97 in its last earnings report, beating expectations of $7.519. Following the earnings report the stock price went up 6.963%.
Which hedge fund is a major shareholder of Lockheed Martin?
Hedge funds hold Lockheed Martin shares: the largest hedge-fund position in Lockheed Martin is 71,885,746 shares, and hedge funds increased their holdings by 1.3M shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology