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How to buy Lockheed Martin Corporation stock (LMT)

Buy Lockheed Martin Corporation stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Lockheed Martin Corporation is a global aerospace & defense company based in Bethesda, Maryland. The company's origins date back to 1912, when Glenn L. Martin established the Glenn L. Martin Company in Los Angeles, California. In March 1995, the Lockheed Martin Corporation was formed by the merger of Lockheed Corporation with Martin Marietta, two of America's largest defense contractors at the time.

Lockheed Martin operates in four business segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems and Space. Lockheed Martin (LMT) stock launched on the New York Stock Exchange in 1995 and its share price has since experienced massive growth.

How to buy shares in Lockheed Martin Corporation

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. LMT in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving license and a means of payment.

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Looking ahead - Lockheed Martin stock Q3 2023

Lockheed Martin Chairman, President and CEO Jim Taiclet in July announced that the company raised its full year sales and earnings per share outlooks for 2023, "Given the strength of our year-to-date results and ongoing demand for our signature programs and advanced technologies."

For Q3 2023, Lockheed Martin expects approximately $27.00–$27.20 per diluted earnings per share on approximately $66,250–$66,750 in net sales. This is up from the $26.60–$26.90 in earnings on $65,000–$66,000 in revenue forecasted in April 2023.

Taiclet also highlighted the company's favorable financial position which would allow it to "reward our shareholders over the long run with reliable free cash flow per share expansion and cash deployment." The company announced on October 6, 2023, a fourth quarter 2023 dividend of $3.15 per share.

Is it a good time to buy Lockheed Martin Corporation stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Lockheed Martin Corporation's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of LMT stock over time.

Historical closes compared with the last close of $467.6

1 week (2024-06-13)2.02%
1 month (2024-05-21)-0.45%
3 months (2024-03-21)4.87%
6 months (2023-12-21)4.32%
1 year (2023-06-21)0.90%
2 years (2022-06-21)12.55%
3 years (2021-06-21)22.25%
5 years (2019-06-20)30.12%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Lockheed Martin Corporation under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Lockheed Martin Corporation P/E ratio, PEG ratio and EBITDA.

Lockheed Martin Corporation's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Lockheed Martin Corporation's stocks trade at around 17x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Lockheed Martin Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.4418. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lockheed Martin Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Lockheed Martin Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $10.2 billion.

The EBITDA is a measure of Lockheed Martin Corporation's overall financial performance and is widely used to measure a its profitability.

Share price volatility

Over the last 12 months, Lockheed Martin Corporation's shares have ranged in value from as little as $385.5355 up to $475.29. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Lockheed Martin Corporation's is 0.472. This would suggest that Lockheed Martin Corporation's shares are less volatile than average (for this exchange).

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Written by

Matt Miczulski

Matt Miczulski is an investments editor at Finder. With over 450 bylines, Matt dissects and reviews brokers and investing platforms to expose perks and pain points, explores investment products and concepts and covers market news, making investing more accessible and helping readers to make informed financial decisions. Before joining Finder in 2021, Matt covered everything from finance news and banking to debt and travel for FinanceBuzz. His expertise and analysis on investing and other financial topics has been featured on CBS, MSN, Best Company and Consolidated Credit, among others. Matt holds a BA in history from William Paterson University. See full profile

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