Lockheed Martin (LMT)

Re: Lockheed Martin (LMT)

Postby winston » Fri Sep 29, 2017 10:21 am

Lockheed Martin Adds Quarterly Div, with Extra Share Buyback Scheme

The board of directors of US military equipment manufacturer Lockheed Martin decided that the dividend per share (DPS) in the fourth quarter of this year will rise 10% quarterly to US$2, payable to shareholders on 29 December.

Also, the board approved an extra US$2 billion share repurchase scheme.

Yesterday, the share price of Lockheed Martin softened 0.32% to close at US$309.13.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

Re: Lockheed Martin (LMT)

Postby winston » Wed Oct 25, 2017 7:00 am

Lockheed Martin sales, profit miss Wall Street estimates

By Mike Stone

Despite the first profit miss after five quarters in a row of beating estimates, Lockheed raised its full-year sales forecast, set a higher dividend and forecast sales would grow another 2 percent next year.


Record $104-billion orders backlog.


Lockheed's net earnings from operations fell 13.8 percent to $939 million, or $3.24 per share, from $1.1 billion, or $3.61 per share.

Increased sales of $12.2 billion from $11.6 billion a year ago, were below Wall Street's expectations.

Analysts had expected $3.26 per share on revenue of $12.81 billion.


Source: Reuters

https://finance.yahoo.com/news/lockheed ... 27673.html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

Re: Lockheed Martin (LMT)

Postby winston » Wed Jan 09, 2019 7:56 pm

Why Lockheed Martin Fell 12.8% in December

One of the defense sector's most impressive portfolios was not enough to weather rising political tensions.

by Lou Whiteman

Lockheed also delivered some unexpected news mid-month when chief financial officer Bruce Tanner announced his retirement.

Though there hasn't been any suggestion of irregularity, Tanner is well regarded for his candid communication with investors and his expertise managing Lockheed through a series of divestitures and acquisitions. Tanner is


Source: Motley Fool

https://www.fool.com/investing/2019/01/ ... ember.aspx
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

Re: Lockheed Martin (LMT)

Postby winston » Wed Jan 09, 2019 10:30 pm

not vested

Jan 3, 2018

The Dip In Lockheed Martin Is Your Opportunity to Buy

Japan is now looking to bolster its defense forces for the first time since WWII. It just put in an order for $10 billion worth of Lockheed Martin F-35s. And that will be just the beginning.


Source: Investor Place

https://investorplace.com/2019/01/the-d ... orPlace%29
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

Re: Lockheed Martin (LMT)

Postby Alex C » Tue Jan 22, 2019 12:25 pm

Lockheed sees potential exports of 200 F-16 jets from proposed Indian plant

by Sanjeev Miglani

LMT sees a potential export market of more than $20 billion for its F-16 fighter aircraft from an assembly line in India it has offered to set up in order to win a large Indian military order, a top executive said.

The U.S. defense firm is competing with Boeing F/A-18, Saab's Gripen, Dassault Aviation's Rafale, the Eurofighter Typhoon and a Russian aircraft to supply an Indian air foce with 114 combat planes worth more than $15 billion.

Lockheed Martin has offered to shift its F-16 production line from the US to India, potentially the biggest boost for PM Narenda Modi's "Make-in-India" project to create a defense industrial base and generate jobs for thousands of youths entering the workforce each month.

India's military has said it wants 42 squadrons of jets (approx. 750 aircraft) to defend itself from China and Pakistan and to replace its old Russian jets (MiG-21).

"The firm would make India the sole global production centre for the F-16 that would meet requirements for the Indian military but also overseas markets"

"We see current demand outside of India of more than 200 aircraft. The value of those initial acquisition programs would likely exceed $20 billion"


-Vivek Lall, the vice president of strategy and business development told Reuters.

Source: Reuters

https://www.reuters.com/article/us-lock ... SKCN1PF1CY
Alex C
Loafer
 
Posts: 2
Joined: Tue Jan 22, 2019 11:26 am

Re: Lockheed Martin (LMT)

Postby winston » Tue Mar 26, 2019 9:45 pm

not vested

Defense Stock to Buy: Lockheed Martin Corp.

The VQScore system gives Lockheed Martin Corp. (NYSE: LMT) a perfect score of 4.75. This defense stock is a staple of the U.S. defense industry, and it’s the company behind the F-35 program.

Tens of billions of dollars are pouring into fighter jets right now, especially the Lockheed F-35 and Boeing’s F-15EX.

And right now, Lockheed is winning the competition.

While the Pentagon plans to buy eight F-15 Boeing jets, it plans to buy another 78 F-35s next year for $11.2 billion.

The stock could get a boost once Congress authorizes the request, and politicians are always reluctant to vote against security.

Plus, Lockheed Martin has a solid balance sheet, so there is no need to worry about corporate debt or a sharp exodus of investor capital.

The firm also pays a dividend yield of 2.94%, which is a sign the company likes to reward shareholders.

But the best part of the stock is its upside. Wall Street’s average price target is $340, which represents about 16% upside from today’s $294.22. However, expectations should be more in line with those of Buckingham Research, which projects a target of $305 per share, a potential 38% gain in 12 months.

With a perfect VQScore, a booming U.S. defense budget, and plenty of projects in the pipeline, Lockheed is one of the best defense stocks to own right now.

But our top defense stock to buy now is even better positioned.

Not only does it have a perfect VQScore, but it’s getting a huge catalyst this year.

This company builds 70% of the U.S. navy’s ships, and the navy is going on a massive $28.9 billion binge this year…

Source: Daily Trade Alert
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

Re: Lockheed Martin (LMT)

Postby winston » Sun Jul 07, 2019 5:26 pm

not vested

LMT Stock Is a Case Study for Buying on the Dip

If you’ve been reading this article thinking, “she’s crazy, there’s a recession on the way,” then this last one is for you.

There’s certainly good reason to be shoring up your portfolio with investments in defensive sectors, and one such industry is defense itself.

Government spending is what keeps defense stocks alive, and they tend to thrive regardless of the state of the economy and trade concerns.

Lockheed Martin (NYSE:LMT) is poised to benefit from rising government spending, especially as tension in the Middle East continues to build.

The company is seen benefiting from a growing Department of Defense budget this year, and its popular F-35 aircraft has been a major revenue driver.

The firm’s aeronautics segment makes up roughly 40% of the firm’s overall revenue. Its aircraft program is unrivaled, which has kept demand high.

There is some concern regarding LMT’s pension scheme, which is underfunded and has been gobbling up a great deal of the firm’s cash. However, the firm looks likely to deliver over the next decade and makes for a good defensive position in your portfolio.

Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

Re: Lockheed Martin (LMT)

Postby winston » Tue Jul 09, 2019 7:36 pm

not vested

WORLD GOVERNMENTS ARE STILL INVESTING IN WAR

Today, we're looking at a leader in aerospace and defense...

The U.S. government spends a fortune every year on global conflicts – so much so, that we've noted defense contractors might as well be called "offense" contractors. And with a defense budget of $674 billion for 2019, these companies are going strong today...

Just look at Lockheed Martin (LMT). This $104 billion defense giant provides missiles, aircraft, and technological services to militaries across the globe. And it gets more money from the U.S. than any government contractor – period.

All this military spending has fueled Lockheed's sales... In the most recent quarter, Lockheed reported net sales of $14.3 billion, up 23% from the same quarter in 2018. And its "backlog" of orders reached $133.5 billion, a record for the company.

As you can see in today's chart, shares of LMT are soaring this year. The stock is up more than 40% in 2019 alone, and it recently hit a new all-time high.

As long as the U.S. continues to invest in its military, "offense" contractors like Lockheed should continue to succeed...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

Re: Lockheed Martin (LMT)

Postby winston » Wed Jan 08, 2020 9:20 pm

A STRONG UPTREND IN SELLING THE TOOLS OF WAR

Today, we're looking at a company that profits in times of global turmoil...

Regular readers know that the U.S. military plays a role in conflicts all around the world. It spends billions on weapons, airplanes, and more... turning to companies that we like to call "offense" contractors.

And with fresh trouble looming with Iran, the U.S. might need a lot more equipment and support services. Today's company is ready to provide them...

Lockheed Martin (LMT) is a $116 billion military supplier. Its leading segments include planes, helicopters, and missiles... all of which could come into play in a Middle Eastern conflict.

Of course, that isn't something to hope for. But even without a fresh war, Lockheed Martin's sales topped $15 billion in the most recent quarter – up 6% year over year.

LMT shares shot up nearly 4% in a single day last week after a U.S. missile killed Iranian Maj. Gen. Qasem Soleimani, and they currently stand near all-time highs.

Whether the current situation escalates or the U.S. maintains the status quo, Lockheed Martin will keep raking in lucrative military contracts...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

Re: Lockheed Martin (LMT)

Postby winston » Wed Jul 08, 2020 11:29 am

not vested

We’re Buying Lockheed Martin (LMT) Today

by Mike Nadel

Source: Daily Trade Alert

https://dailytradealert.com/2020/07/07/ ... lmt-today/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to L to R

Who is online

Users browsing this forum: No registered users and 8 guests