Lockheed Martin (NYSE:LMT) Earning Somewhat Favorable Media Coverage, Study Shows

News coverage about Lockheed Martin (NYSE:LMT) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lockheed Martin earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the aerospace company an impact score of 46.0639978587741 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

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Shares of NYSE:LMT opened at $343.00 on Thursday. Lockheed Martin has a 12-month low of $266.01 and a 12-month high of $363.00. The company has a market capitalization of $95,583.40, a price-to-earnings ratio of 25.64, a P/E/G ratio of 2.94 and a beta of 0.72. The company has a debt-to-equity ratio of -22.19, a current ratio of 1.38 and a quick ratio of 1.03.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Monday, January 29th. The aerospace company reported $4.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.06 by $0.24. Lockheed Martin had a return on equity of 354.55% and a net margin of 3.92%. The company had revenue of $15.14 billion during the quarter, compared to the consensus estimate of $14.72 billion. During the same period in the previous year, the company posted $3.25 earnings per share. Lockheed Martin’s revenue for the quarter was up 10.1% on a year-over-year basis. sell-side analysts anticipate that Lockheed Martin will post 15.52 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 23rd. Shareholders of record on Thursday, March 1st were issued a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date was Wednesday, February 28th. Lockheed Martin’s payout ratio is presently 60.02%.

A number of equities research analysts have recently weighed in on LMT shares. Vetr lowered Lockheed Martin from a “buy” rating to a “hold” rating and set a $332.40 price target on the stock. in a research note on Thursday, January 4th. Morgan Stanley restated an “overweight” rating and set a $388.00 price target (up previously from $382.00) on shares of Lockheed Martin in a research note on Friday, February 23rd. Wells Fargo lowered Lockheed Martin from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 16th. Robert W. Baird boosted their price target on Lockheed Martin from $337.00 to $410.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 30th. Finally, Citigroup upped their target price on Lockheed Martin from $355.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, January 30th. Nine investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $375.02.

In other news, insider Richard F. Ambrose sold 7,517 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $357.89, for a total transaction of $2,690,259.13. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Marillyn A. Hewson sold 19,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $346.74, for a total value of $6,588,060.00. Following the transaction, the chairman now directly owns 80,478 shares of the company’s stock, valued at $27,904,941.72. The disclosure for this sale can be found here. Insiders own 0.35% of the company’s stock.

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Lockheed Martin Company Profile

Lockheed Martin Corporation is a security and aerospace company. The Company operates through four segments. Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies.

Insider Buying and Selling by Quarter for Lockheed Martin (NYSE:LMT)

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