Lockheed Martin (NYSE:LMT) Releases FY 2026 Earnings Guidance

Lockheed Martin (NYSE:LMT) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 29.950-30.650 for the period, compared to the consensus EPS estimate of 29.890. The company issued revenue guidance of $79.8 billion-$81.8 billion, compared to the consensus revenue estimate of $79.1 billion.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on LMT shares. Royal Bank Of Canada dropped their target price on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a research note on Friday, April 24th. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. UBS Group lowered their price target on shares of Lockheed Martin from $683.00 to $538.00 in a report on Tuesday, June 30th. Finally, TD Cowen dropped their price objective on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $615.78.

Lockheed Martin Stock Up 1.5%

NYSE:LMT opened at $514.50 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. Lockheed Martin has a 12-month low of $411.00 and a 12-month high of $692.00. The stock’s fifty day simple moving average is $521.47 and its 200-day simple moving average is $572.63. The firm has a market capitalization of $118.62 billion, a P/E ratio of 24.92, a P/E/G ratio of 0.91 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. During the same period in the previous year, the company posted $7.28 EPS. The company’s quarterly revenue was up .3% compared to the same quarter last year. Equities research analysts expect that Lockheed Martin will post 29.92 earnings per share for the current year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s payout ratio is presently 66.83%.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin beat Q2 expectations, reporting earnings of $7.94 per share on $20.1 billion in sales, with revenue up 11% year over year and a record backlog of $230 billion. Lockheed Martin Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company raised 2026 guidance, now expecting EPS of $29.95-$30.65 and revenue of $79.8 billion-$81.8 billion, both above Wall Street estimates, signaling confidence in continued demand. Reuters article
• Positive Sentiment: Management said the outlook improvement is being driven by expanding munitions production and strong Pentagon restocking demand amid ongoing global conflicts. WSJ article
• Positive Sentiment: Lockheed Martin also declared a quarterly dividend of $3.45 per share, reinforcing its shareholder-return profile. Dividend article

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. United Financial Planning Group LLC bought a new stake in Lockheed Martin in the third quarter valued at approximately $25,000. Triumph Capital Management grew its holdings in shares of Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after buying an additional 22 shares during the period. Mcguire Capital Advisors Inc. acquired a new position in shares of Lockheed Martin in the 4th quarter valued at $30,000. Wexford Capital LP bought a new stake in shares of Lockheed Martin in the 3rd quarter valued at $36,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of Lockheed Martin in the 3rd quarter valued at $40,000. Institutional investors own 74.19% of the company’s stock.

About Lockheed Martin

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.