Economy

Lockheed Martin Corporation (NASDAQ:LMT) To Report Earnings

Lockheed Martin Corporation (NASDAQ:LMT) To Report Earningsā€

Lockheed Martin Corporation has had 4 insider trades in the last 3 months, including 0 open market buys and 4 sells. It is positive, as 37 investors sold LMT shares while 393 reduced holdings. 1,238,958 shares of the company were exchanged. Interocean Capital Limited Com holds 2,316 shares.

Farr Miller & Washington Limited Dc holds 0.03% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 1,058 shares.

Roosevelt Investment Group Inc decreased Lockheed Martin Corp (LMT) stake by 6.56% reported in 2017Q2 SEC filing. Lockheed Martin Corporation (NYSE:LMT) shares have been recently spotted -0.29% away from the 52-week high, and 40.60% away from the 52-week low mark. Confluence Wealth Management Ltd reported 1,296 shares. Massachusetts-based Wellington Mgmt Gp Ltd Liability Partnership has invested 0.62% in Lockheed Martin Corporation (NYSE:LMT). 85,434 were reported by Atwood And Palmer. California State Teachers Retirement holds 0.02% or 662,753 shares in its portfolio. Americafirst Capital Management LLC purchased a new position in shares of Lockheed Martin Corp. during the second quarter valued at approximately $103,000. The stock's current RSI reading is at 69.19. Next Fin Group Inc Inc reported 177 shares. Farmers And Merchants Investments Inc reported 0.05% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). 28,507 were accumulated by Howe And Rusling.

In terms of earnings per share, 19 analysts have a 3.57 EPS mean target for the quarter ending Dec-17, for the quarter ending Mar-18, 8 analysts have a 3.15 EPS mean target and for the quarter ending Mar-18 there are 22 estimates of 12.65 EPS. LMT's profit will be $938.86 million for 24.54 P/E if the $3.27 EPS becomes a reality.

Analysts await Calpine Corporation (NYSE:CPN) to report earnings on October, 27. It has underperformed by 2.51% the S&P500.

Heading into the earnings release, covering analysts have a consensus target price of $318.58 on Lockheed Martin Corporation shares. Therefore 60% are positive. Finally, Vetr upgraded Lockheed Martin Corporation from a "hold" rating to a "buy" rating and set a $326.32 price target for the company in a research note on Tuesday, September 12th. The firm has "Neutral" rating by Goldman Sachs given on Monday, July 10. The firm has "Buy" rating by BMO Capital Markets given on Monday, May 1. Jefferies maintained it with "Hold" rating and $24000 target in Thursday, July 13 report. The company was maintained on Friday, August 25 by RBC Capital Markets. The ex-dividend date is Wednesday the 30th of August 2017. In addition, Lockheed said it would raise its quarterly dividend rate by 10 per cent to US$2.00 per share.

COPYRIGHT VIOLATION WARNING: "Brokerages Set Lockheed Martin Corporation (LMT) Target Price at $311.86" was reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. In the past year there have been a total of 35 insider trades, including 9 open market buys and 26 sells. The Company's geographical divisions include Europe and North America. The Company is involved in the research, design, development, manufacture, integration and sustainment of technology systems, products and services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

Latest


24 October 2017
Photographer Terry Richardson dropped by fashion magazines including Vogue and GQ
He has denied these allegations and stated that, he's "considerate and respectful" of his photography subjects. BuzzFeed News has contacted Richardson for comment.

24 October 2017
Ex-United star addresses Ozil to Old Trafford rumours
The Germany global has under nine months remaining on his contract with the Gunners and could leave the club for free next summer. The 29-year-old made a poor start to the 2017-18 campaign but put in a dazzling display in Sunday's 5-2 thrashing over Everton .

24 October 2017
British MP faces fury over 'McCarthyite' Brexit letter
May's spokesman said Heaton-Harris had written to universities in his capacity as an MP, not as a member of the government. Heaton-Harris, known as a staunch Eurosceptic, later tweeted that he was after "an open and vigorous debate on Brexit".

24 October 2017
JP Morgan Downgrades Rating On Cleveland-Cliffs Inc. (CLF)
BidaskClub raised shares of Cliffs Natural Resources from a hold rating to a buy rating in a report on Thursday, July 6th. Axiom Securities reiterated a "sell" rating on shares of Cliffs Natural Resources in a report on Saturday, November 26th.

24 October 2017
Graphic Packaging Holding Company (GPK) Releases Quarterly Earnings Results, Meets Expectations
Volume levels waned and GPK actually managed a declined which translated to 1.91 million shares changing hands on the day. Royal Bank Of Canada initiated coverage on Graphic Packaging Holding in a research note on Friday, September 30th.

24 October 2017
Reno Police Seeks Suspects Who Robbed Two Businesses at Gunpoint
According to police, the suspect, 31-year-old Geoffrey Davis, spent over an hour loading a cart full of merchandise. Largo police immediately surrounded the gas station with on-duty patrol units and a police tactical team.

24 October 2017
Fiona the hippo witnessed magical proposal
Fiona is already pretty famous in her own right, so she added a touch of glamour to the couple's big day. When you know you've found The One, you'll most likely spend months planning how to pop the question.

24 October 2017
What Are Analysts Opinions On Antares Pharma Inc. (ATRS)
This particular stock's 5-day moving average is 2.14, its 20-day moving average is 3.14 and its 100-day moving average is 3.05. Broadfin Capital LLC owned about 3.07% of Antares Pharma worth $15,467,000 at the end of the most recent reporting period.

24 October 2017
Tale of the Ticker: Bristol-Myers Squibb Company (BMY) Moves on Volume
Following the completion of the purchase, the director now owns 18,000 shares in the company, valued at approximately $1,006,920. It fall, as 85 investors sold GE shares while 816 reduced holdings. 47 funds opened positions while 174 raised stakes.

24 October 2017
Seagate Technology PLC (NASDAQ:STX) Expected To Report Earnings On Monday
COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by TrueBlueTribune and is owned by of TrueBlueTribune. On 10/23/2017 announced a quarterly dividend of $0.63 with an ex dividend date of which will be payable on 12/20/2017.



Recommended