Lockheed Martin (LMT) to Release Quarterly Earnings on Thursday

Lockheed Martin (NYSE:LMT) is expected to issue its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of $6.79 per share and revenue of $18.3826 billion for the quarter. Parties can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 23, 2026 at 8:30 AM ET.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. During the same quarter in the previous year, the firm earned $7.67 earnings per share. Lockheed Martin’s revenue was up 9.1% on a year-over-year basis. On average, analysts expect Lockheed Martin to post $27 EPS for the current fiscal year and $30 EPS for the next fiscal year.

Lockheed Martin Price Performance

Shares of Lockheed Martin stock opened at $611.27 on Thursday. The stock’s 50-day simple moving average is $637.67 and its 200-day simple moving average is $550.20. Lockheed Martin has a 52 week low of $410.11 and a 52 week high of $692.00. The company has a market capitalization of $140.87 billion, a price-to-earnings ratio of 28.44, a PEG ratio of 1.09 and a beta of 0.23. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were given a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Monday, March 2nd. Lockheed Martin’s payout ratio is presently 64.22%.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed authorized a step-up in Lockheed Martin Ventures from $400M to $1B to accelerate defense tech commercialization — a strategic move to seed future revenue streams and strengthen supply‑chain/technology access. Lockheed Martin Authorizes Increase to Venture Capital Fund up to $1 Billion
• Positive Sentiment: The Pentagon awarded a ~$4.76B PAC-3 production contract and cited Artemis II mission milestones — both expand missile-program backlog and highlight profitable, government-funded aerospace work. These boost medium-term revenue visibility. Lockheed Martin’s PAC-3 And Artemis II Milestones Shape LMT Valuation Insight
• Positive Sentiment: Lockheed won a $4.7B Army contract (reported as material new awards) that directly expands its production backlog and near-term revenue recognition prospects. Lockheed Martin Just Scored a $4.7 Billion Army Contract. Does That Make LMT Stock a Buy?
• Positive Sentiment: The Pentagon also awarded up to $1.9B for C-130J training systems, further adding to secured program awards and aftermarket services revenue. Pentagon awards Lockheed Martin up to $1.9B contract for C-130J training systems
• Neutral Sentiment: Analysis pieces and stock lists (Zacks, Motley Fool coverage) highlight that a proposed large federal defense budget could favor LMT long term, but note spending may include conditions and competition; this supports bullish thesis but is not immediate cashflow. Does Trump’s Record Defense Budget Make Lockheed Martin a “Never Sell” Stock?
• Neutral Sentiment: The U.S. Army denied earlier comments about a precision‑missile shortage after Iran-related strikes, removing a potential near-term procurement panic that could have pressured names tied to missile demand. Army Denies Comments About Lockheed Martin Missile Shortage Amid Iran War
• Negative Sentiment: J.P. Morgan assigned a Hold on LMT, which can damp investor enthusiasm and limit near‑term upside from momentum traders. Lockheed Martin (LMT) Receives a Hold from J.P. Morgan
• Negative Sentiment: Market flow: reports note a recent slide as investors rotated into higher‑beta sectors, creating short-term selling pressure despite positive contract announcements. What’s Going On With Lockheed Martin Stock Tuesday?

Institutional Investors Weigh In On Lockheed Martin

Large investors have recently made changes to their positions in the company. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin in the third quarter worth about $25,000. Triumph Capital Management increased its holdings in shares of Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 22 shares during the last quarter. Mcguire Capital Advisors Inc. bought a new stake in shares of Lockheed Martin in the fourth quarter worth about $30,000. Wexford Capital LP bought a new stake in Lockheed Martin during the third quarter worth approximately $36,000. Finally, Heritage Wealth Advisors increased its stake in Lockheed Martin by 62.0% during the fourth quarter. Heritage Wealth Advisors now owns 81 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 31 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LMT has been the topic of several research analyst reports. TD Cowen boosted their price objective on Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Morgan Stanley set a $675.00 price objective on Lockheed Martin in a research report on Wednesday, February 4th. BNP Paribas Exane lifted their target price on Lockheed Martin from $740.00 to $770.00 and gave the stock an “outperform” rating in a report on Tuesday, April 7th. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 22nd. Finally, Royal Bank Of Canada lifted their target price on Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a report on Friday, January 30th. Seven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin presently has an average rating of “Hold” and a consensus target price of $645.79.

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.