Lockheed Martin (LMT) Expected to Post Quarterly Earnings on Thursday

Posted by Brian Himes on Jul 16th, 2026

Lockheed Martin (NYSE:LMT – Get Free Report) is projected to issue its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect Lockheed Martin to announce earnings of $7.23 per share and revenue of $19.3680 billion for the quarter. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Interested persons may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 8:30 AM ET.

Lockheed Martin (NYSE:LMT – Get Free Report) last issued its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). The company had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.28 EPS. On average, analysts expect Lockheed Martin to post $30 EPS for the current fiscal year and $32 EPS for the next fiscal year.

Lockheed Martin Stock Down 0.1%

LMT stock opened at $514.36 on Thursday. The stock has a 50-day simple moving average of $521.90 and a two-hundred day simple moving average of $571.75. Lockheed Martin has a twelve month low of $410.11 and a twelve month high of $692.00. The firm has a market capitalization of $118.59 billion, a PE ratio of 24.91, a PEG ratio of 0.92 and a beta of 0.11. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, June 1st. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Analyst Ratings Changes

LMT has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. UBS Group cut their price target on shares of Lockheed Martin from $683.00 to $538.00 in a report on Tuesday, June 30th. Morgan Stanley reduced their price target on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. Royal Bank Of Canada decreased their price target on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a report on Friday, April 24th. Finally, BNP Paribas Exane lowered their price objective on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and a consensus target price of $607.58.

Read Our Latest Stock Analysis on Lockheed Martin

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. United Financial Planning Group LLC purchased a new position in shares of Lockheed Martin during the third quarter worth approximately $25,000. Triumph Capital Management boosted its stake in shares of Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 22 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in shares of Lockheed Martin in the 4th quarter valued at $30,000. Wexford Capital LP bought a new position in shares of Lockheed Martin during the 3rd quarter valued at $36,000. Finally, Heritage Wealth Advisors grew its holdings in shares of Lockheed Martin by 62.0% during the 4th quarter. Heritage Wealth Advisors now owns 81 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 31 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors.

Trending Headlines about Lockheed Martin

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

Positive Sentiment: Lockheed Martin is expanding its role in undersea warfare, highlighted by a $49 million U.S. Navy contract and deeper involvement in the submarine market, which could add to its defense backlog and signal continued demand for its naval systems. Is Lockheed Martin Expanding Its Presence in the Submarine Market?
Positive Sentiment: Lockheed Martin also expanded its quantum training partnership with Xanadu, reinforcing its push into next-generation technology talent development and advanced computing capabilities that could support future defense programs. Xanadu and Lockheed Martin Expand Quantum Talent Pipeline
Positive Sentiment: Machina said it won a qualification contract from Lockheed Martin for the JASSM missile program, suggesting continued supplier engagement and ongoing production support for a key missile franchise. Machina Awarded Qualification Contract from Lockheed Martin in Support of JASSM Program
Neutral Sentiment: Commentary around defense and space spending, including “Golden Dome” and broader missile-defense demand, underscores the long-term opportunity for Lockheed Martin, but it does not reflect a direct company-specific catalyst. Missed Out On The SpaceX IPO? Buy These Industrial Giants Instead.
Negative Sentiment: Despite the positive contract news, Lockheed Martin stock has been falling recently, with market coverage pointing to a weaker share performance versus the broader market and investor concern around near-term momentum. Lockheed Martin (LMT) Stock Sinks As Market Gains: What You Should Know
Negative Sentiment: One analyst-style comparison argued General Dynamics may be better positioned for naval dominance than Lockheed Martin, citing concerns about free cash flow and the need for the company’s $3.45 billion Ultra Maritime acquisition to pay off. Lockheed Martin Vs. General Dynamics: Pick General Dynamics for Naval Dominance Despite Lockheed’s $3.5 Billion Ultra Maritime Acquisition

Lockheed Martin Company Profile

(Get Free Report)

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.