NYSE:NOC Northrop Grumman (NOC) Stock Forecast, Price & News $443.60 -3.74 (-0.84%) (As of 05/18/2023 ET) Add Compare Share Share Today's Range$437.75▼$446.9250-Day Range$435.63▼$479.4752-Week Range$430.93▼$556.27Volume517,944 shsAverage Volume962,275 shsMarket Capitalization$67.36 billionP/E Ratio14.35Dividend Yield1.56%Price Target$509.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Northrop Grumman MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside14.7% Upside$509.00 Price TargetShort InterestHealthy0.96% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.57Upright™ Environmental ScoreNews Sentiment0.05Based on 20 Articles This WeekInsider TradingSelling Shares$3.19 M Sold Last QuarterProj. Earnings Growth9.32%From $22.54 to $24.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.17 out of 5 starsAerospace Sector18th out of 44 stocksSearch & Navigation Equipment Industry4th out of 10 stocks 2.2 Analyst's Opinion Consensus RatingNorthrop Grumman has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 7 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $509.00, Northrop Grumman has a forecasted upside of 14.7% from its current price of $443.60.Amount of Analyst CoverageNorthrop Grumman has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.96% of the float of Northrop Grumman has been sold short.Short Interest Ratio / Days to CoverNorthrop Grumman has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Northrop Grumman has recently increased by 0.69%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldNorthrop Grumman pays a meaningful dividend of 1.58%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNorthrop Grumman has been increasing its dividend for 20 years.Dividend CoverageThe dividend payout ratio of Northrop Grumman is 22.39%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Northrop Grumman will have a dividend payout ratio of 28.08% next year. This indicates that Northrop Grumman will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNorthrop Grumman has received a -227.65% net impact score from Upright. The largest negative impact of Northrop Grumman in category "Societal stability & understanding among people" seems to be driven mostly by its "Unmanned aerial vehicle launch platforms", "Military radars", and "Military aircraft" products. See details.Environmental SustainabilityThe Environmental Impact score for Northrop Grumman is -1.57. Previous Next 1.7 News and Social Media Coverage News SentimentNorthrop Grumman has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Aerospace companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Northrop Grumman this week, compared to 11 articles on an average week.Search InterestOnly 44 people have searched for NOC on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added Northrop Grumman to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Northrop Grumman insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,192,030.00 in company stock.Percentage Held by InsidersOnly 0.26% of the stock of Northrop Grumman is held by insiders.Percentage Held by Institutions84.32% of the stock of Northrop Grumman is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Northrop Grumman are expected to grow by 9.32% in the coming year, from $22.54 to $24.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Northrop Grumman is 14.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Northrop Grumman is 14.35, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 14.13.Price to Earnings Growth RatioNorthrop Grumman has a PEG Ratio of 5.09. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNorthrop Grumman has a P/B Ratio of 4.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Northrop Grumman (NYSE:NOC) StockNorthrop Grumman Corp. engages in the provision of advanced aircraft systems. It operates through the following segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The Aeronautics Systems segment is involved in the design, development, production, integration, sustainment, and modernization of advanced aircraft systems for the U.S. Air Force, the U.S. Navy, other U.S. government agencies, and international customers. The Defense Systems segment includes integrated battle management systems, weapons systems and aircraft, and mission systems sustainment and modernization. The Mission Systems segment offers advanced mission solutions and multifunction systems, primarily for the U.S. defense and intelligence community, and international customers. The Space Systems segment delivers end-to-end mission solutions through the design, development, integration, production and operation of space, missile defense, launch and strategic missile systems for national security, civil government, commercial, and international customers. The company was founded by John K. Northrop, Thomas V. Jones, and Kent Kresa in 1939 and is headquartered in Falls Church, VA.Read More Receive NOC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Northrop Grumman and its competitors with MarketBeat's FREE daily newsletter. Email Address NOC Stock News HeadlinesMay 18, 2023 | finance.yahoo.comNorthrop Grumman to Participate in Bernstein’s 39th Annual Strategic Decisions ConferenceMay 18, 2023 | americanbankingnews.comNorthrop Grumman (NYSE:NOC) Coverage Initiated by Analysts at StockNews.comMay 18, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.May 17, 2023 | news.yahoo.comNew Views Of Northrop Grumman's Totally Notional Long-Range Stealth FighterMay 17, 2023 | msn.comNorthrop Grumman (NOC) Declares $1.87 DividendMay 17, 2023 | americanbankingnews.comZacks Research Analysts Decrease Earnings Estimates for Northrop Grumman Co. (NYSE:NOC)May 16, 2023 | finance.yahoo.comNorthrop Grumman Increases Quarterly Dividend 8 Percent to $1.87May 16, 2023 | finance.yahoo.comGeneral Dynamics (GD) Wins Deal to Support Abrams Battle TanksMay 18, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>May 15, 2023 | finance.yahoo.comNorthrop Grumman Delivers Transformative Integrated Battle Command System for Poland’s WISŁA Air Defense ProgramMay 14, 2023 | finance.yahoo.comNorthrop Grumman Just Might Be the Best Space Stock to BuyMay 12, 2023 | finance.yahoo.com4 big analyst cuts: Fox stock slips on Wells Fargo downgradeMay 12, 2023 | finance.yahoo.comTesla, PacWest and Icahn Enterprises rise premarket; Fox fallsMay 12, 2023 | msn.comBarclays Downgrades Northrop Grumman (NOC)May 11, 2023 | au.investing.comNorthrop Grumman cut as it trades at a 25% premium to peers, says BarclaysMay 11, 2023 | americanbankingnews.comBarclays Lowers Northrop Grumman (NYSE:NOC) to Equal WeightMay 10, 2023 | marketwatch.comNorthrop Grumman Corp. stock rises Wednesday, still underperforms marketMay 8, 2023 | finance.yahoo.comTop Research Reports for Mastercard, Coca-Cola & T-Mobile USMay 8, 2023 | finance.yahoo.comSpace Has a Big Need for More Big Rockets: 1 Stock to Buy NowMay 6, 2023 | seekingalpha.comNorthrop Grumman Overvalued Stock Crashed: What's Next?May 5, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Northrop Grumman Co. (NYSE:NOC) Cut by AnalystMay 3, 2023 | seekingalpha.comNorthrop Q1 Earnings: Solid Results And An Outlook UpgradeMay 1, 2023 | msn.comNorthrop Grumman's Return On Capital Employed OverviewMay 1, 2023 | finance.yahoo.comNorthrop Grumman’s Integrated Battle Command System Achieves Initial Operational CapabilityMay 1, 2023 | americanbankingnews.comStockNews.com Downgrades Northrop Grumman (NYSE:NOC) to HoldApril 28, 2023 | marketwatch.comNorthrop Grumman Corp. stock rises Friday, still underperforms marketApril 28, 2023 | msn.comCitigroup Maintains Northrop Grumman (NOC) Neutral RecommendationSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NOC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Northrop Grumman and its competitors with MarketBeat's FREE daily newsletter. Email Address NOC Company Calendar Ex-Dividend for 3/15 Dividend2/24/2023Dividend Payable3/15/2023Last Earnings4/27/2023Today5/18/2023Ex-Dividend for 6/14 Dividend5/26/2023Dividend Payable6/14/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Search & navigation equipment Sub-IndustryAerospace & Defense SectorAerospace Current SymbolNYSE:NOC CUSIP66680710 CIK1133421 Webwww.northropgrumman.com Phone(703) 280-2900Fax302-655-5049Employees95,000Year Founded1939Price Target and Rating Average Stock Price Forecast$509.00 High Stock Price Forecast$655.00 Low Stock Price Forecast$375.00 Forecasted Upside/Downside+15.4%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$30.91 Trailing P/E Ratio14.27 Forward P/E Ratio19.57 P/E Growth5.09Net Income$4.90 billion Net Margins12.89% Pretax Margin15.33% Return on Equity26.61% Return on Assets8.95% Debt Debt-to-Equity Ratio0.91 Current Ratio1.22 Quick Ratio1.12 Sales & Book Value Annual Sales$36.60 billion Price / Sales1.83 Cash Flow$35.18 per share Price / Cash Flow12.54 Book Value$99.67 per share Price / Book4.43Miscellaneous Outstanding Shares151,860,000Free Float151,464,000Market Cap$67.00 billion OptionableOptionable Beta0.50 Social Links Key ExecutivesKathy J. WardenChairman, President & Chief Executive OfficerMatthew F. BrombergVice President-Global OperationsDavid F. KefferChief Financial Officer & Vice PresidentJohn RussellChief Information Officer & Vice PresidentRichard Scott StappChief Technology OfficerKey CompetitorsTeledyne TechnologiesNYSE:TDYL3Harris TechnologiesNYSE:LHXGeneral DynamicsNYSE:GDTransDigm GroupNYSE:TDGHEICONYSE:HEIView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Sold 27,500 shares on 5/18/2023Ownership: 0.000%Centaurus Financial Inc.Bought 113 shares on 5/18/2023Ownership: 0.001%Chevy Chase Trust Holdings LLCSold 351 shares on 5/17/2023Ownership: 0.057%Gerber Kawasaki Wealth & Investment ManagementSold 183 shares on 5/17/2023Ownership: 0.007%AM Squared LtdBought 200 shares on 5/17/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions NOC Stock - Frequently Asked Questions Should I buy or sell Northrop Grumman stock right now? 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northrop Grumman in the last year. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NOC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOC, but not buy additional shares or sell existing shares. View NOC analyst ratings or view top-rated stocks. What is Northrop Grumman's stock price forecast for 2023? 15 brokerages have issued 1 year target prices for Northrop Grumman's shares. Their NOC share price forecasts range from $375.00 to $655.00. On average, they expect the company's stock price to reach $509.00 in the next year. This suggests a possible upside of 15.4% from the stock's current price. View analysts price targets for NOC or view top-rated stocks among Wall Street analysts. How have NOC shares performed in 2023? Northrop Grumman's stock was trading at $545.61 at the start of the year. Since then, NOC shares have decreased by 19.1% and is now trading at $441.17. View the best growth stocks for 2023 here. When is Northrop Grumman's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our NOC earnings forecast. How were Northrop Grumman's earnings last quarter? Northrop Grumman Co. (NYSE:NOC) announced its earnings results on Thursday, April, 27th. The aerospace company reported $5.50 EPS for the quarter, topping the consensus estimate of $5.16 by $0.34. The aerospace company earned $9.30 billion during the quarter, compared to analysts' expectations of $9.19 billion. Northrop Grumman had a trailing twelve-month return on equity of 26.61% and a net margin of 12.89%. The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company earned $6.10 earnings per share. Read the conference call transcript. How often does Northrop Grumman pay dividends? What is the dividend yield for Northrop Grumman? Northrop Grumman declared a quarterly dividend on Tuesday, May 16th. Stockholders of record on Tuesday, May 30th will be given a dividend of $1.87 per share on Wednesday, June 14th. This represents a $7.48 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Friday, May 26th. This is a boost from the stock's previous quarterly dividend of $1.73. Read our dividend analysis for NOC. What ETFs hold Northrop Grumman's stock? ETFs with the largest weight of Northrop Grumman (NYSE:NOC) stock in their portfolio include First Trust Indxx Aerospace & Defense ETF (MISL), Invesco Aerospace & Defense ETF (PPA), iShares U.S. Aerospace & Defense ETF (ITA), AdvisorShares Drone Technology ETF (UAV), SPDR S&P Aerospace & Defense ETF (XAR), SPDR S&P Kensho Final Frontiers ETF (ROKT), Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) and AdvisorShares Gerber Kawasaki ETF (GK). Is Northrop Grumman a good dividend stock? Northrop Grumman (NYSE:NOC) pays an annual dividend of $6.92 per share and currently has a dividend yield of 1.59%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 22.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOC will have a dividend payout ratio of 28.08% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NOC. What guidance has Northrop Grumman issued on next quarter's earnings? Northrop Grumman updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $22.25-$22.85 for the period, compared to the consensus earnings per share estimate of $22.03. The company issued revenue guidance of $38.00 billion-$38.40 billion, compared to the consensus revenue estimate of $38.32 billion. 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. What other stocks do shareholders of Northrop Grumman own? Based on aggregate information from My MarketBeat watchlists, some companies that other Northrop Grumman investors own include Raytheon Technologies (RTX), Lockheed Martin (LMT), NVIDIA (NVDA), Boeing (BA), Home Depot (HD), Micron Technology (MU), Walt Disney (DIS), Cisco Systems (CSCO), Intel (INTC) and Honeywell International (HON). What is Northrop Grumman's stock symbol? Northrop Grumman trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOC." Who are Northrop Grumman's major shareholders? Northrop Grumman's stock is owned by many different retail and institutional investors. Top institutional shareholders include State Street Corp (9.35%), Wellington Management Group LLP (3.96%), FMR LLC (3.60%), Geode Capital Management LLC (1.79%), Sanders Capital LLC (1.40%) and Price T Rowe Associates Inc. MD (1.03%). Insiders that own company stock include David T Perry, Janis G Pamiljans, Karl J Krapek, Kathy J Warden, Lesley A Kalan, Mark A Caylor, Mark A Caylor, Mary D Petryszyn, Mary D Petryszyn, Michael A Hardesty, Shawn N Purvis, Sheila C Cheston, Thomas H Jones and Thomas L Wilson Jr. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Northrop Grumman's stock price today? One share of NOC stock can currently be purchased for approximately $441.17. How much money does Northrop Grumman make? Northrop Grumman (NYSE:NOC) has a market capitalization of $67.00 billion and generates $36.60 billion in revenue each year. The aerospace company earns $4.90 billion in net income (profit) each year or $30.91 on an earnings per share basis. How many employees does Northrop Grumman have? The company employs 95,000 workers across the globe. Does Northrop Grumman have any subsidiaries? The following companies are subsidiares of Northrop Grumman: 3001 International, Comptek Research, Confluent RF Systems Corp., Data Procurement Corp., Essex Corporation, Federal Data Corp., Fibersense Technology, Integic Corporation, Litton Industries, Logicon, M5 Network Security, Navia Aviation, Newport News Shipbuilding, Northrop Grumman Integrated Defence Services, Northrop Grumman Overseas Holdings, Northrop Grumman Systems Corporation, Orbital ATK, Qantas Defence Services, Ryan Aeronautical, Scaled Composites LLC, Sonoma Photonics, TRW Automotive Holdings, Xinetics, and XonTech.Read More How can I contact Northrop Grumman? Northrop Grumman's mailing address is 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA, 22042. The official website for the company is www.northropgrumman.com. The aerospace company can be reached via phone at (703) 280-2900, via email at investors@ngc.com, or via fax at 302-655-5049. This page (NYSE:NOC) was last updated on 5/18/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Northrop Grumman Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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