330.12 0.00 (0.00%)
After hours: 6:08PM EDT
|Bid||329.10 x 900|
|Ask||331.00 x 800|
|Day's Range||327.84 - 335.78|
|52 Week Range||241.18 - 351.35|
|Beta (3Y Monthly)||1.42|
|PE Ratio (TTM)||18.77|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||8.80 (2.93%)|
|1y Target Est||344.61|
BETHESDA, Md. , April 24, 2019 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a second quarter 2019 dividend of $2.20 per share. The dividend is payable on ...
"This is a human spaceflight program, and you don't want to rush things. They need to get this right," said Phil Smith, an expert in the aerospace industry.
This defense contractor delivered 91 F-35 fighter jets to the military last year and will provide more than 130 this year.
CORAL GABLES, FL / ACCESSWIRE / April 24, 2019 / On an almost daily basis, news coverage shows us that we are living constantly at risk. Today we are highlighting: Lockheed Martin Corporation (LMT), General Dynamics Corporation (GD), Northrop Grumman Corporation (NOC), Liberty Defense Holdings (SCAN.V). Lockheed Martin Corporation (LMT) (Market Cap: $93.625B) saw a flurry of upgrades and increased price targets this week.
Western Digital (WDC) to be battered by uncertain macroeconomic environment, declining trend in PC shipments and softness in NAND flash pricing trends.
Boeing’s 737 MAX Crisis Hurts Its First-Quarter EarningsMixed first-quarter results Boeing (BA) reported mixed results for the first quarter of 2019 wherein its adjusted EPS matched analysts’ estimates but its revenue fell short. The airplane
The large beats on earnings from companies as diverse as Lockheed Martin, United Technologies, Pulte and Whirlpool are propelling the S&P 500 to a new high. It's good news, but stock traders do not view a new high as really valid unless there is some serious action. There are only 13 stocks in the S&P 500 at new highs and volume has been abysmal since the end of March.
was climbing more than 2% in trading Wednesday after the defense company reported first-quarter results that topped analysts' expectations. The Falls Church, Virginia-based company reported first-quarter earnings of $745 million, or $2.56 per share on an adjusted basis, on revenue of $9.26 billion. "The solid sales gains and strong bookings reflect the market-leading performance we expect of our operating units," said Phebe Novakovic, chairman and chief executive officer.
Aerospace and defense giant Northrop Grumman reports first-quarter net earnings that exceed analysts' forecasts, reflecting strong sales in its aerospace unit and newly awarded contracts.
Stocks didn't reach a record high on Tuesday, but they came close. And, the S&P 500's 0.88% rally was enough to leave the index at a record-high close of 2,933.68.Source: Allan Ajifo via Wikimedia (Modified)Twitter (NYSE:TWTR) was a key driver of that move, up nearly 16% following a first-quarter report that included a better-than-expected number of daily active users. Defense contractor Lockheed Martin (NYSE:LMT) watched its stock rally nearly 6% after unveiling an unexpectedly strong outlook based on more technical progress with its F-35 fighter jet.At the other end of the spectrum, Procter & Gamble (NYSE:PG) stock was off almost 3% despite a third-quarter earnings beat. Investors are concerned that P&G will struggle to remain in the shaving business.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Oversold Stocks to Run From Headed into Wednesday's action, it's the stock charts of Invesco (NYSE:IVZ), Unum Group (NYSE:UNM) and PNC Financial Services Group (NYSE:PNC) that merit the closest looks as trading prospects. Here's the deal. PNC Financial Services Group (PNC)PNC stock spent the better part of March and April fighting its way out of 2018's technical funk and back into an uptrend. That has happened in earnest now. But, while some of the heavy lifting has been done, there's one more line to cross. The good news is, with Tuesday's action in view, that's likely to happen straight away. Click to Enlarge * The game-changing event here is a move out of the weekly chart's bearish channel, framed by yellow dashed lines. * But, just as telling is the fact that the white 200-day moving average line that was resistance in March appears to have become support as of yesterday's bar. * There may be more bulls out there than it readily appears. Not only was yesterday's volume well above average, we saw a big accumulation day two weeks ago as well. * The key to more upside is pushing above this week's and last week's technical ceiling at $134.20, plotted in red on the daily chart. Unum Group (UNM)Reversals are usually more of a process than an event. If that's the case for UNM stock right now -- and it looks like it is -- shares are close to getting over a fairly important hump. That will put it in a position to clear an even bigger hurdle.In the meantime, the backdrop has already turned impressively bullish. * 10 High-Yielding Dividend Stocks That Won't Wilt Click to Enlarge * Last year was crammed full of lower lows and lower highs. We've not yet seen a higher high from UNM stock; March's low counts as a higher low. * The higher high will mean a move above horizontal resistance at $40.66, plotted with a green dashed line on the daily chart. * Before that happens though, Unum shares will have to hurdle the red, dashed resistance line marked on both stock charts. This ceiling touches all the minor peaks seen since November. * It has largely been lost in the volatility, but as of this week, we now have a golden cross in place. That is, the purple 50-day moving average line is back above the white 200-day moving average line. * While not the ideal shape, the weekly chart is arguably in the spirit of an upside-down head and shoulders pattern, which sets the stage for a breakout move if and when UNM can punch through the neckline at $37.80. Invesco (IVZ)Back in early April, IVZ stock was featured as a budding bullish candidate. The downtrend that had been guiding it lower since early 2018 was snapped, by virtue of a break above the falling resistance line in play over the course of the prior several months.That move is still in place. In fact, it's stronger now than it was then, as another key hurdle has been cleared. One more push could, and should, seal the deal. And, it's clear where that line in the sand is. Click to Enlarge * The feat achieved in the meantime is a move above the 200-day moving average line, plotted in white on both stock charts. * Although the cross above the 200-day line is complete, immediately after that happened the advance came to a halt. In the meantime, it has become clear that last week's peak, plotted in red at $21.74, is a milestone that could trigger another wave of buying. * If the next leg of the breakout falls into place, the next most likely technical ceiling is around $24, where the 38.2% Fibonacci retracement line currently awaits. * While the momentum is gaining steam, note how the volume has been fading on the way up since last month. This isn't necessarily the majority opinion.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post 3 Big Stock Charts for Wednesday: Invesco, Unum Group and PNC Financial Services Group appeared first on InvestorPlace.
The first quarter of 2019 has struck a welcome note for Lockheed Martin Corp. The Bethesda defense contractor reported $14.3 billion in net sales for the quarter Tuesday — a 23% gain over its first-quarter earnings from the prior year, backed by strong returns in both its contract backlog and sales of its missiles and fire control systems. “These strong results in sales and earnings and our focus on maximizing cash returns also allowed us to increase our full year outlook for cash from operations,” Lockheed CEO Marillyn Hewson said on the company's earnings call. The strong results helped lift Lockheed’s (NYSE: LMT) overall sales projections for the year by $1 billion, rising from a range of between $55.7 billion and $57.3 billion to $56.8 billion and $58.3 billion. Missile and fire control systems led the company's segments in first-quarter sales increases, logging a 40% gain over the first quarter of 2018 to reach $2.35 billion.
The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year.
Large earnings beats from companies as diverse at Lockheed Martin LMT , United Technologies UTX , PulteGroup PHM and Whirlpool WHR are propelling the S&P 500 to a new high. Good news after the close: Texas Instruments TXN , one of the world's largest semiconductor companies, reported earnings above expectations and provided second-quarter guidance that was roughly in-line with expectations. This is all good news, but if you think Wall Street is celebrating, try calling around on a trading desk: You won't hear any champagne corks popping.
Lockheed Martin Corp.'s Rotary & Mission Systems division in east Orlando scooped up another warship contract shortly after getting its first one of the year earlier this month. The U.S. Navy awarded the Bethesda, Maryland-based defense giant a $20.2 million, five-year contract to perform engineering and support services for the DDG 51 new construction ship program and DDG 51 midlife modernization program. Nearly all of the work will be done in Orlando at the Rotary & Mission Systems office where many of Lockheed Martin's simulation training programs are built.
The S&P 500 index and the Nasdaq registered record closing highs after a broadbased rally on Tuesday, as a clutch of better-than-expected earnings reports eased concerns about a slowdown. In Tuesday's trading the benchmark index finally erased all the steep losses it saw in late 2018 by ending the day above the previous record reached on Sept. 20.
Stocks ended higher Tuesday , with positive earnings reports pushing the S&P 500 and the Nasdaq to record closing highs. posted stronger-than-expected first-quarter earnings as organic sales growth and operating margins showed solid improvements from last year. Stocks ended in positive territory Tuesday, with positive earnings reports pushing the S&P 500 and the Nasdaq to record closings.