1 hr. ago
On August 19, Northrop Grumman Corporation (NYSE:NOC) announced that its board of directors had declared a quarterly dividend of $2.47 per share on common stock. The payment is scheduled for September 16 to all shareholders of record on August 31.
This is the same level as in the prior quarter, when the dividend was increased 7% from $2.31 per share to $2.47. The company has been raising the payout ever since 2004. This is a steady cadence, most occurring in the month of May instead of sequential ****** ps.
Given the recent quarter's diluted EPS of $7.68, the dividend figure translates to a payout ratio of 31%, leaving ample room to further increase dividends ahead without straining earnings.
Northrop Grumman Corporation (NYSE:NOC) beat ****** ysts' estimates for both sales and earnings per share during the second quarter as ongoing geopolitical conflicts drove sustained demand for weapons.
After the robust results, the company lifted its sales and adjusted profit guidance for the full year. It now expects sales in the range of $43.75 billion to $44.25 billion, up from earlier projections of $43.5 billion to $44 billion. Adjusted EPS is forecast between $28.60 and $29.10 per share, up from $27.40 to $27.90.
#Share #Dividend #northrop #corporation
This is the same level as in the prior quarter, when the dividend was increased 7% from $2.31 per share to $2.47. The company has been raising the payout ever since 2004. This is a steady cadence, most occurring in the month of May instead of sequential ****** ps.
Given the recent quarter's diluted EPS of $7.68, the dividend figure translates to a payout ratio of 31%, leaving ample room to further increase dividends ahead without straining earnings.
Northrop Grumman Corporation (NYSE:NOC) beat ****** ysts' estimates for both sales and earnings per share during the second quarter as ongoing geopolitical conflicts drove sustained demand for weapons.
After the robust results, the company lifted its sales and adjusted profit guidance for the full year. It now expects sales in the range of $43.75 billion to $44.25 billion, up from earlier projections of $43.5 billion to $44 billion. Adjusted EPS is forecast between $28.60 and $29.10 per share, up from $27.40 to $27.90.
#Share #Dividend #northrop #corporation
8 days ago
Falls Church, Virginia-based Northrop Grumman Corporation (NOC) operates as an aerospace and defense technology company in the United States and internationally. The company has a market cap of $81 billion and operates through Aeronautics Systems, Defense Systems, Mission Systems, and ***** e Systems segments.
NOC stock has lagged behind the broader market over the past year, rising marginally compared to the S&P 500 Index's ($SPX) 20.1% surge. Moreover, in 2026, the stock has risen by nearly 3.1%, underperforming the SPX's 13.1% rise.
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#falls
NOC stock has lagged behind the broader market over the past year, rising marginally compared to the S&P 500 Index's ($SPX) 20.1% surge. Moreover, in 2026, the stock has risen by nearly 3.1%, underperforming the SPX's 13.1% rise.
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#falls
11 days ago
IndyStar will be recognizing the top volleyball players in Indiana with our players of the week poll.
Scroll to the bottom of the article to vote. Voting is open until noon Friday.
Congratulations to Guerin Catholic's Emery Cardinal on being voted Preseason Player of the Year! Cardinal, an Iowa commit, clocked 73 blocks and a career-high 335 kills on .424 hitting. She also notched 15 digs and her first career ****** ist, and enters her senior year with 152 blocks and 531 kills for her career.
Here are the top performers from Saturday.
The senior libero served up 16 aces and logged 18 digs in her first six sets of the season. Baker, whose efforts contributed to wins over Fort Wayne South Side, Fort Wayne Northrop and New Haven, also had a couple ****** ists. She has 707 career digs.
#cardinal #year #kills #first
Scroll to the bottom of the article to vote. Voting is open until noon Friday.
Congratulations to Guerin Catholic's Emery Cardinal on being voted Preseason Player of the Year! Cardinal, an Iowa commit, clocked 73 blocks and a career-high 335 kills on .424 hitting. She also notched 15 digs and her first career ****** ist, and enters her senior year with 152 blocks and 531 kills for her career.
Here are the top performers from Saturday.
The senior libero served up 16 aces and logged 18 digs in her first six sets of the season. Baker, whose efforts contributed to wins over Fort Wayne South Side, Fort Wayne Northrop and New Haven, also had a couple ****** ists. She has 707 career digs.
#cardinal #year #kills #first
1 month ago
Northrop Grumman Corporation (NYSE:NOC) beat quarterly expectations, secured $20 billion in net awards, reported record backlog, and raised its 2026 sales and MTM-adjusted earnings forecasts. Yet the shares closed 2.23% lower at $512.29 on July 21.
The contradiction becomes clearer when the quality of the earnings beat is separated from the size of the order book. ***** ysts said a substantially lower tax rate drove much of the upside, while operating income declined in two of Northrop's four segments. The company also left its segment operating-income and adjusted free-cash-flow forecasts unchanged.
JPMorgan ***** yst Seth Seifman pointed to the market's "tendency to punish execution challenges." That appears to capture the reaction. Investors did not question whether Northrop can win more work. They questioned how much profit it can retain while delivering that work and expanding production.
Are the latest program charges temporary costs of meeting surging defense demand, or evidence that Northrop's backlog is growing faster than its ability to execute profitably?
The bull case is that Northrop's execution problems remain concentrated in a few programs, while the broader demand environment is becoming stronger.
#adjusted #forecasts #much
The contradiction becomes clearer when the quality of the earnings beat is separated from the size of the order book. ***** ysts said a substantially lower tax rate drove much of the upside, while operating income declined in two of Northrop's four segments. The company also left its segment operating-income and adjusted free-cash-flow forecasts unchanged.
JPMorgan ***** yst Seth Seifman pointed to the market's "tendency to punish execution challenges." That appears to capture the reaction. Investors did not question whether Northrop can win more work. They questioned how much profit it can retain while delivering that work and expanding production.
Are the latest program charges temporary costs of meeting surging defense demand, or evidence that Northrop's backlog is growing faster than its ability to execute profitably?
The bull case is that Northrop's execution problems remain concentrated in a few programs, while the broader demand environment is becoming stronger.
#adjusted #forecasts #much
1 month ago
Interested in Capital One Financial Corporation? Here are five stocks we like better.
Northrop Grumman beat Q2 earnings estimates and raised its 2026 guidance, citing a record $104.7 billion backlog amid ongoing defense demand tied to the war in Iran.
D.R. Horton topped earnings expectations but cut its full-year delivery outlook as rising cancellations and price cuts signal a cooling housing market.
Capital One and Charles Schwab both posted double beats in Q2, signaling improving momentum for the financial sector after a weak start to the year.
As the second week of earnings season draws to a close, companies across several sectors are providing clues about what investors can expect for the remainder of the year. Of course, quarterly earnings and revenues are rear-facing metrics. But when combined with recent financial performances and full-year guidance, notable trends begin to emerge.
#financial
Northrop Grumman beat Q2 earnings estimates and raised its 2026 guidance, citing a record $104.7 billion backlog amid ongoing defense demand tied to the war in Iran.
D.R. Horton topped earnings expectations but cut its full-year delivery outlook as rising cancellations and price cuts signal a cooling housing market.
Capital One and Charles Schwab both posted double beats in Q2, signaling improving momentum for the financial sector after a weak start to the year.
As the second week of earnings season draws to a close, companies across several sectors are providing clues about what investors can expect for the remainder of the year. Of course, quarterly earnings and revenues are rear-facing metrics. But when combined with recent financial performances and full-year guidance, notable trends begin to emerge.
#financial
1 month ago
Updated July 21, 2026, 4:28 pm EDT / Original July 21, 2026, 7:44 am EDT
Defense contractor Northrop Grumman
NOC
+2.54%
delivered a beat-and-raise quarter the stock sorely needed. Still, shares dropped as investors continue to worry about the sector.
NOC
+2.54%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#july #updated #still
Defense contractor Northrop Grumman
NOC
+2.54%
delivered a beat-and-raise quarter the stock sorely needed. Still, shares dropped as investors continue to worry about the sector.
NOC
+2.54%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#july #updated #still
1 month ago
Northrop Grumman Corporation (NYSE:NOC) reported stronger-than-expected second-quarter results on Tuesday, beating Wall Street estimates for both earnings and revenue while increasing its full-year financial guidance.
Despite the upbeat report, shares fell 1.5% following the announcement.
Adjusted earnings came in at $7.68 per share, well above the ****** yst consensus estimate of $6.82. Revenue rose 5% year over year to $10.9 billion, exceeding expectations of $10.8 billion.
Northrop Grumman increased its 2026 sales outlook, forecasting revenue of between $43.75 billion and $44.25 billion, an increase of $250 million from its previous guidance. The midpoint of $44.0 billion is slightly above the ****** yst consensus estimate of $43.99 billion.
The company also raised its MTM-adjusted earnings per share guidance to a range of $28.60 to $29.10, an increase of $1.20 from its previous forecast.
#adjusted #Share #above
Despite the upbeat report, shares fell 1.5% following the announcement.
Adjusted earnings came in at $7.68 per share, well above the ****** yst consensus estimate of $6.82. Revenue rose 5% year over year to $10.9 billion, exceeding expectations of $10.8 billion.
Northrop Grumman increased its 2026 sales outlook, forecasting revenue of between $43.75 billion and $44.25 billion, an increase of $250 million from its previous guidance. The midpoint of $44.0 billion is slightly above the ****** yst consensus estimate of $43.99 billion.
The company also raised its MTM-adjusted earnings per share guidance to a range of $28.60 to $29.10, an increase of $1.20 from its previous forecast.
#adjusted #Share #above
1 month ago
By Mike Stone and Aishwarya Jain
July 21 (Reuters) - Defense supplier Northrop Grumman on Tuesday lifted its 2026 sales and adjusted profit forecast, supported by sustained demand for weapons amid a wave of global geopolitical conflicts.
U.S. President Donald Trump has been pressing defense companies to expand manufacturing capacity and boost weapons production as the wars in Ukraine and the Middle East drain the country's stockpiles.
The U.S. has expended more than 50,000 rockets, missiles and other rocket-propelled projectiles since the beginning of the Russia-Ukraine conflict in 2022 through the war with Iran, according to data from the Pentagon.
Trump has also proposed a record $1.5 trillion military budget for fiscal year 2027, far exceeding the $901 billion approved for 2026.
#mike #stone
July 21 (Reuters) - Defense supplier Northrop Grumman on Tuesday lifted its 2026 sales and adjusted profit forecast, supported by sustained demand for weapons amid a wave of global geopolitical conflicts.
U.S. President Donald Trump has been pressing defense companies to expand manufacturing capacity and boost weapons production as the wars in Ukraine and the Middle East drain the country's stockpiles.
The U.S. has expended more than 50,000 rockets, missiles and other rocket-propelled projectiles since the beginning of the Russia-Ukraine conflict in 2022 through the war with Iran, according to data from the Pentagon.
Trump has also proposed a record $1.5 trillion military budget for fiscal year 2027, far exceeding the $901 billion approved for 2026.
#mike #stone
2 months ago
Union Pacific Corporation (NYSE:UNP) is one of the best growth stocks to buy according to billionaire Dan Loeb. On June 3, Union Pacific Railroad, a Union Pacific Corporation (NYSE:UNP) subsidiary, unveiled its newest commemorative locomotive, No. 4547. The unveiling took place at a ceremony near Corinne, Utah, and the locomotive immediately embarked on its inaugural freight mission, which involved hauling ******* e Launch System solid rocket motor segments for NASA's Artemis III lunar exploration program. The program is a collaboration with aerospace and defense company Northrop Grumman and locomotive manufacturer Wabtec.
Proxima13/Shutterstock.com
Union Pacific said in a statement that locomotive No. 4547 is a dedication to President Donald J. Trump. This makes it the third engine in the company's presidential locomotive series. The first two are No. 1616, which honors President Abraham Lincoln, who signed the Pacific Railway Act in 1862, effectively founding Union Pacific, and No. 4141, which recognizes President George H.W. Bush.
The company detailed that its CEO Jim Vena was joined at the christening ceremony by Utah's House Speaker, Senate President, and senior officials from NASA, Northrop Grumman, and Wabtec. It added that No. 4547 was also accompanied on the maiden journey by No. 1616, the Lincoln commemorative engine.
The locomotive's design also commemorates America's 250th anniversary. Union Pacific said this is a theme it has been weaving across several initiatives this year, including a cross-country tour by its famed Big Boy No. 4014 steam locomotive.
Proxima13/Shutterstock.com
Union Pacific said in a statement that locomotive No. 4547 is a dedication to President Donald J. Trump. This makes it the third engine in the company's presidential locomotive series. The first two are No. 1616, which honors President Abraham Lincoln, who signed the Pacific Railway Act in 1862, effectively founding Union Pacific, and No. 4141, which recognizes President George H.W. Bush.
The company detailed that its CEO Jim Vena was joined at the christening ceremony by Utah's House Speaker, Senate President, and senior officials from NASA, Northrop Grumman, and Wabtec. It added that No. 4547 was also accompanied on the maiden journey by No. 1616, the Lincoln commemorative engine.
The locomotive's design also commemorates America's 250th anniversary. Union Pacific said this is a theme it has been weaving across several initiatives this year, including a cross-country tour by its famed Big Boy No. 4014 steam locomotive.
2 months ago
After a red-hot month of May for Michigan football recruiting, June has been relatively quiet.
That changed Thursday, June 18, when four-star class of 2027 edge Ifeanyi Emedobi pledged to join the Wolverines. The Fort Wayne, Indiana product, out of Northrop High School, chose U-M over Minnesota − he also held offers from seven other Big Ten programs.
RELATED: Michigan football knows NIL money is name of game − and feels ready
Emedobi, who stands 6-foot-1½ and 210 pounds, is the No. 10 player in Indiana, the No. 36 edge in the country and the No. 410 recruit among all rising seniors according to 247Sports' composite rankings.
He was already scheduled to visit Ann Arbor for "Victors Weekend" from June 19-21; if he follows through with that plan, it would likely be a chance to try and convince the handful of other key targets to join him as part of U-M's next crop.
That changed Thursday, June 18, when four-star class of 2027 edge Ifeanyi Emedobi pledged to join the Wolverines. The Fort Wayne, Indiana product, out of Northrop High School, chose U-M over Minnesota − he also held offers from seven other Big Ten programs.
RELATED: Michigan football knows NIL money is name of game − and feels ready
Emedobi, who stands 6-foot-1½ and 210 pounds, is the No. 10 player in Indiana, the No. 36 edge in the country and the No. 410 recruit among all rising seniors according to 247Sports' composite rankings.
He was already scheduled to visit Ann Arbor for "Victors Weekend" from June 19-21; if he follows through with that plan, it would likely be a chance to try and convince the handful of other key targets to join him as part of U-M's next crop.
