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NYSE:NOC

Northrop Grumman (NOC) Stock Price, News & Analysis

$506.77
-1.27 (-0.25%)
(As of 08/21/2024 ET)
Today's Range
$504.87
$509.42
50-Day Range
$423.42
$508.04
52-Week Range
$414.56
$509.42
Volume
527,251 shs
Average Volume
950,864 shs
Market Capitalization
$75.00 billion
P/E Ratio
35.44
Dividend Yield
1.63%
Price Target
$521.33

Northrop Grumman MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
2.9% Upside
$521.33 Price Target
Short Interest
Healthy
0.97% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.57
Upright™ Environmental Score
News Sentiment
0.38mentions of Northrop Grumman in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$1.36 M Sold Last Quarter
Proj. Earnings Growth
10.05%
From $25.18 to $27.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.90 out of 5 stars

Aerospace Sector

11th out of 46 stocks

Search & Navigation Equipment Industry

4th out of 10 stocks

NOC stock logo

About Northrop Grumman Stock (NYSE:NOC)

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, integrates, and produces tactical weapons and missile defense solutions, and provides sustainment, modernization, and training services for manned and unmanned aircraft and electronics systems. It also offers integrated, all-domain command, and control battle management systems, precision strike weapons; high speed air-breathing and hypersonic systems; high-performance gun systems, ammunition, precision munitions and advanced fuzes; aircraft and mission systems logistics support, sustainment, operations and modernization; and warfighter training services. The company's Mission Systems segment offers command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. Its Space Systems segment offers satellites, spacecraft systems, subsystems, sensors, and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. Northrop Grumman Corporation was founded in 1939 and is based in Falls Church, Virginia.

NOC Stock Price History

NOC Stock News Headlines

Israeli Air Force airplanes (five jet fighters) at parade in honor of Independence Day - Stock Editorial Photography
Defense Stocks Soar to New Highs; Higher Highs Are Coming (NOC)
Defense stocks are solid capital return machines that reduce their share counts significantly each year while paying dividends.
What Is the $7,882 Stimulus Payment 2024?
Biden’s government just announced a new government "stimulus program"... And it could hand you a payment for as much as $7,882 — each quarter.
M-VBPO Raytheon 390 Premier 1A business aircraft running to the Kiev International Airport parking
Aerospace Stock Fires Up a Solid EPS Beat and Raises Guidance (NOC)
Leading aerospace and defense contractor RTX Co. (NYSE: RTX) shares surged to new 52-week highs after reporting robust Q2 2024 earnings.
Northrop Grumman Board Declares Quarterly Dividend
Northrop Grumman (NYSE:NOC) Hits New 1-Year High at $509.25
What Is the $7,882 Stimulus Payment 2024?
Biden’s government just announced a new government "stimulus program"... And it could hand you a payment for as much as $7,882 — each quarter.
See More Headlines
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Company Calendar

Ex-Dividend for 6/12 Dividend
5/24/2024
Dividend Payable
6/12/2024
Last Earnings
7/25/2024
Today
8/21/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Search & navigation equipment
Sub-Industry
Aerospace & Defense
CUSIP
66680710
Employees
101,000
Year Founded
1939

Price Target and Rating

Average Stock Price Target
$521.33
High Stock Price Target
$605.00
Low Stock Price Target
$435.00
Potential Upside/Downside
+2.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
15 Analysts

Profitability

Net Income
$2.06 billion
Pretax Margin
6.47%

Debt

Sales & Book Value

Annual Sales
$40.76 billion
Cash Flow
$33.38 per share
Book Value
$97.79 per share

Miscellaneous

Free Float
147,664,000
Market Cap
$75.00 billion
Optionable
Optionable
Beta
0.32

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Should I Buy Northrop Grumman Stock? NOC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Northrop Grumman Co.:

  • Northrop Grumman recently increased its quarterly dividend from $1.87 to $2.06 per share, indicating a positive financial outlook and potential for higher returns for investors through dividends.
  • The company has a strong track record of consistent earnings growth, with analysts expecting earnings per share of 25.1 for the current year, showcasing financial stability and profitability.
  • Northrop Grumman's stock price has shown a 6.4% increase, trading at $470.53, which could signal positive market sentiment and potential for capital appreciation for investors.
  • Institutional investors have been actively increasing their stakes in Northrop Grumman, indicating confidence in the company's future performance and growth prospects.
  • Analysts have given Northrop Grumman a consensus rating of "Hold" with an average target price of $517.54, suggesting potential upside for investors based on future growth expectations.

Cons

Investors should be bearish about investing in Northrop Grumman Co. for these reasons:

  • Some analysts have downgraded Northrop Grumman's rating and lowered price targets, indicating potential concerns about the company's future performance or market conditions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 8, 2024. Please send any questions or comments about these Northrop Grumman pros and cons to contact@marketbeat.com.

NOC Stock Analysis - Frequently Asked Questions

How have NOC shares performed this year?

Northrop Grumman's stock was trading at $468.14 at the beginning of the year. Since then, NOC stock has increased by 8.3% and is now trading at $506.77.
View the best growth stocks for 2024 here
.

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Co. (NYSE:NOC) announced its earnings results on Thursday, July, 25th. The aerospace company reported $6.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.93 by $0.43. The business's revenue was up 6.7% compared to the same quarter last year.
Read the conference call transcript
.

What is Kathy Warden's approval rating as Northrop Grumman's CEO?

610 employees have rated Northrop Grumman Chief Executive Officer Kathy Warden on Glassdoor.com. Kathy Warden has an approval rating of 85% among the company's employees.

Does Northrop Grumman have any subsidiaries?

Northrop Grumman subsidiaries include Orbital ATK, Northrop Grumman Integrated Defence Services, Qantas Defence Services, M5 Network Security, Sonoma Photonics, 3001 International, Xinetics, and others.

Who are Northrop Grumman's major shareholders?

Northrop Grumman's top institutional shareholders include Massachusetts Financial Services Co. MA (2.07%), Ameriprise Financial Inc. (1.14%), Bank of New York Mellon Corp (0.84%) and Legal & General Group Plc (0.74%). Insiders that own company stock include Kathy J Warden, Sheila C Cheston, Mark A Caylor, David T Perry, Thomas H Jones, Michael A Hardesty, Thomas L Wilson Jr, Kathryn G Simpson, Roshan S Roeder, Mary D Petryszyn and Karl J Krapek.
View institutional ownership trends
.

How do I buy shares of Northrop Grumman?

Shares of NOC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Northrop Grumman own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Northrop Grumman investors own include RTX (RTX), Lockheed Martin (LMT), NVIDIA (NVDA), Boeing (BA), Home Depot (HD), Micron Technology (MU) and Walt Disney (DIS).

This page (NYSE:NOC) was last updated on 8/22/2024 by MarketBeat.com Staff

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