Investors need to pay close attention to Lockheed Martin (LMT) stock based on the movements in the options market lately.
Lockheed Martin Corporation (NYSE:LMT ) TD Cowen 46th Annual Aerospace & Defense Conference February 13, 2025 8:30 AM ET Company Participants Jay Malave - CFO Conference Call Participants Gautam Khanna - TD Cowen Gautam Khanna Good morning, guys. Thank you very much for joining us.
LMT's unit secures a $114.2 million modification contract to provide hardware for supporting sound navigation and ranging systems.
Lockheed Martin (LMT -0.92%) has passive income investors interested.
LMT secures a $23.5 million contract to provide engineering support for submarine electronic warfare systems on newly constructed and in-service submarines.
The U.S. State Department has approved the potential sale of Lockheed Martin and Northrop Grumman Corp's defense systems to Egypt, the Pentagon's Defense Security Cooperation Agency said on Tuesday.
On Jan. 28, share prices of Lockheed Martin (LMT -1.63%) fell by 9.2%, marking the largest single-session drop since Oct. 26, 2021.
Zacks.com users have recently been watching Lockheed (LMT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
LMT secures a contract for the Trident II D5 Missile from the Strategic Systems Programs, Washington, D.C.
Earnings season offers opportunities for patient investors to capitalize on temporary stock price drops, particularly with stocks offering durable dividends and strong fundamentals. Lockheed Martin presents value with a $176 billion backlog, strong cash flow, and a near-3% dividend yield. Altria offers a high 7.9% dividend yield, strong balance sheet, and growth in its smoke-free portfolio, trading at a forward PE of 10.0x.
BofA Securities analyst Ronald J. Epstein reiterated a Buy rating on the shares of Lockheed Martin Corp LMT with a price forecast of $685.
Investors interested in LMT stock should wait for a better entry point, considering its premium valuation.