During the last session, Lockheed Martin Corp. (NYSE:LMT)’s traded shares were 0.86 million, with the beta value of the company hitting 0.46. At the end of the trading day, the stock’s price was $461.29, reflecting an intraday loss of -0.75% or -$3.49. The 52-week high for the LMT share is $479.50, that puts it down -3.95 from that peak though still a striking 14.64% gain since the share price plummeted to a 52-week low of $393.77. The company’s market capitalization is $110.68B, and the average trade volume was 1.17 million shares over the past three months.
Lockheed Martin Corp. (NYSE:LMT) trade information
Lockheed Martin Corp. (LMT) registered a -0.75% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.75% in intraday trading to $461.29, hitting a weekly high. The stock’s 5-day price performance is -0.56%, and it has moved by 0.99% in 30 days. Based on these gigs, the overall price performance for the year is -0.07%.
Lockheed Martin Corp. (LMT) estimates and forecasts
Statistics show that Lockheed Martin Corp. has underperformed its competitors in share price, compared to the industry in which it operates. Lockheed Martin Corp. (LMT) shares have gone up 3.04% during the last six months, with a year-to-date growth rate less than the industry average at -6.07% against 16.30. In the rating firms’ projections, revenue will increase 3.10% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 16.96B as predicted by 18 analyst(s). Meanwhile, a consensus of 18 analyst(s) estimates revenue growth to 17.36B by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 9.38%. While earnings are projected to return -5.86% in 2024, the next five years will return 3.81% per annum.
LMT Dividends
Lockheed Martin Corp. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Lockheed Martin Corp. is 12.30, with the dividend yield indicating at 2.67 percent, continuing the trend of increasing dividends in recent years.
