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NYSE: LMT

How to Buy Lockheed Martin Stock

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Lockheed Martin Corp

Lockheed Martin is a defense company located in Maryland, United States, which is part of the Industrials sector, and is traded under the ticker LMT on the NYSE exchange.

Lockheed Martin stock last closed at $496.23, up 2.59% from the previous day, and has increased 50.13% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0.37 percentage points. Lockheed Martin stock is currently +48.83% from its 52-week low of $333.42, and -0.55% from its 52-week high of $498.95.

At the moment, there are 262.07M LMT shares outstanding. The market value of LMT is $130.05B. In the last 24 hours, 1.74M LMT shares were traded.

How to Buy Lockheed Martin Stock

Not sure how to invest in Lockheed Martin stock? Here's how.
  1. Decide where to buy Lockheed Martin stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Lockheed Martin stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found. It's the best place to buy LMT stock.
  3. Fund your brokerage account: Choose your method of payment and add your details.
  4. Evaluate Lockheed Martin stock: The Lockheed Martin ticker symbol is LMT. Is Lockheed Martin stock a good investment? Should you buy shares of LMT? How do LMT's underlying business fundamentals look? Do top analysts think Lockheed Martin is a good buy? Why has LMT's stock price moved recently? (Hint: Our stock market research tools can help you figure out if LMT is a good stock to buy).
  5. Place your LMT purchase: Decide if you will purchase LMT shares at the current market price or use a limit order to purchase LMT stock at a particular price.
  6. Watch your LMT position: Create a watchlist to monitor your new investment in Lockheed Martin stock.

Step 1: Decide where to buy Lockheed Martin stock

You need an online brokerage account to access the NYSE market and buy LMT shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal information so you are able to invest in LMT today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
  2. Input your personal info to create your new brokerage account.
  1. Send your application by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Check out the walkthrough below for more details transferring funds into your new investment account.

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Step 4: Evaluate Lockheed Martin stock

It's important to analyze stocks prior to investing, so you actually wrap your head around the risk as well as the opportunity.

Lockheed Martin quick stats

LMT Price
$496.23
1w %
2.64%
1y %
50.13%
5y %
59.16%
P/E
22.73x
P/B
10.87x
P/S
2.01x
PEG
2.3x
Revenue
$64.72B
Earnings
$5.87B
Fore. Rev. Growth
2.21%
Fore. Earn. Growth
9.87%
Market Cap
$130.05B
Next Earnings
Jan 23, 2023
Next Dividend
Dec 30, 2022

LMT Overview

WallStreetZen was created to help average investors do more accurate fundamental analysis in less time.

You can view all of the due diligence checks on LMT's stock page.

Is LMT stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge LMT's true value.

Using relative valuations metrics:

  • LMT may be undervalued based on its P/E ratio of 22.73x, relative to Aerospace & Defense industry P/E ratio of 33.53x
  • LMT could be overvalued based on its P/B ratio of 10.87x, relative to Aerospace & Defense industry P/B ratio of 4.94x
  • LMT may be overvalued based on its PEG ratio of 2.3x

You can do additional valuation research on LMT's stock here.

LMT Financial Overview

Pros:

  • LMT's operating cash flow of $10.14B allows it to safely service it's debt of $11.48B.
  • LMT earnings of $7.55B is not sufficient to cover its interest payments.
  • Total LMT debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the LMT balance sheet.

Cons:

  • LMT has a relatively high debt to equity ratio of 3.35.
  • There are more long-term liabilities than short-term assets on the LMT balance sheet.
  • LMT profit margin of X% has stayed the same in the past year.

Is it a good time to buy Lockheed Martin stock, according to Wall Street analysts?

Out of 10 sell side analysts who give ratings on LMT, the consensus analyst rating on LMT is a Hold

Should I buy or sell LMT stock?

Based on 10 analysts offering ratings for Lockheed Martin Corp.
Hold
Strong Buy
2 analysts 20%
Buy
2 analysts 20%
Hold
4 analysts 40%
Sell
1 analysts 10%
Strong Sell
1 analysts 10%

Latest LMT Analyst Recommendations

Matthew Akers, a top 20% analyst from Wells Fargo maintains LMT with a strong sell rating and raises their LMT price target from $415.00 to $417.00, on Oct 19, 2022.

Kristine Liwag, a top 20% analyst from Morgan Stanley maintains LMT with a strong buy rating and lowers their LMT price target from $522.00 to $506.00, on Oct 19, 2022.

Kenneth Herbert, a top 12% analyst from RBC Capital maintains LMT with a hold rating and raises their LMT price target from $420.00 to $445.00, on Oct 19, 2022.

Charles Minervino, a top 12% analyst from Susquehanna maintains LMT with a strong buy rating and lowers their LMT price target from $539.00 to $510.00, on Oct 19, 2022.

Scott Deuschle, a bottom 19% analyst from Credit Suisse maintains LMT with a sell rating and raises their LMT price target from $375.00 to $384.00, on Oct 19, 2022.

You can dig deeper into what analysts are forecasting on the Lockheed Martin stock forecast page.

LMT Trading Indicators

SMA10
483.42
SMA20
480.34
SMA50
449.47
SMA100
434.42
SMA200
435.21
MACD
8.9
MACD Signal
9.4
MACD Histogram
-0.5
RSI
68.03
Stochastic %K
86.93
Stochastic %D
81.14
StochRSI %K
82.09
StochRSI %D
67.54

LMT Growth Numbers

Last year, LMT earnings were $5.87B. Over the past 5 year, LMT's earnings have gone up by 12.01% per year. This was faster than the Aerospace & Defense industry average of 3.84%.

Last year, LMT revenue was $64.72B. During the last five year, LMT's revenue has gone up by 5.34% per year. This was slower than the Aerospace & Defense industry average of 5.56%.

Find out more about LMT's earnings and revenue performance here.

Latest Insiders Trades at LMT

Over the past 12 months, insiders at LMT have sold more shares than they have bought.

John Donovan, Director of LMT, was the latest LMT insider to buy. They bought $74,316.82 worth of LMT shares on Oct 20, 2022.

Research more about who owns LMT stock here.

Can I rely on LMT as an income stream?

Lockheed Martin pays a dividend of 2.3%, compared to the Aerospace & Defense industry's average dividend yield of 1.96%. If you owned $1,000 worth of LMT stock, you would have received $22.97 in the past 12 months.

Lockheed Martin dividend payments have consistently grown over the past decade and have remained stable.

Find more data about Lockheed Martin dividend yield and history here.

What others are saying about LMT

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Place your LMT purchase

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, use a limit order.

Press the Open button and your broker will place the order.

If you need additional assistance investing in stocks on eToro, click the how to video below:

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Step 6: Watch your LMT position

Now that you own some LMT shares, you'll want to stay up-to-date on your new shares.

Start a watchlist to get notified of the latest news about your LMT stock.

LMT Feed

How to Buy Stock in Lockheed Martin

To summarize, here are the 6 steps to buy stock in Lockheed Martin:

  1. Decide where to buy Lockheed Martin stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Evaluate Lockheed Martin stock
  5. Place your LMT purchase
  6. Watch your LMT position

If you are looking for a brokerage account, eToro is our favorite venue.

Get Started with eToro Today

If you want to watch your new investment in Lockheed Martin, add LMT to your watchlist by clicking the button below.

NYSE: LMT
$496.23+12.54 (+2.59%)
Updated Dec 2, 2022
Open eToro Account
NYSE: LMT
$496.23+12.54 (+2.59%)
Updated Dec 2, 2022
Open eToro Account

FAQ

How much does it cost to buy one Lockheed Martin share?

As of Dec 2, 2022, it costs $496.23 to buy one share of Lockheed Martin stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.202 shares of LMT.

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Is now a good time to buy Lockheed Martin stock?

According to 10 Wall Street analysts who monitor Lockheed Martin, their consensus recommendation is to hold Lockheed Martin stock.

What is the best way to buy Lockheed Martin stock?

The best way to buy Lockheed Martin stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.