L3Harris Technologies (LHX) Stock Price, News & Analysis

Company Overview

L3Harris Technologies is a defense and aerospace company that develops technology and systems for government and commercial customers. Its offerings include tactical communications, intelligence and surveillance systems, sensors, electronic warfare capabilities, space systems, and aviation technologies.

The company also provides propulsion and related systems for defense and space applications through Aerojet Rocketdyne, which it acquired in 2023. Its products and services support missions including military communications, situational awareness, space operations, and national security.

L3Harris was formed in 2019 through the merger of L3 Technologies and Harris Corporation. Based in Melbourne, Florida, it serves customers in the United States and internationally.

Key Stats

• Today's Range: $268.60 to $272.98
• 50-Day Range: $233.83 to $279.12
• 52-Week Range: $232.34 to $379.23
• Volume: 246,629 shs
• Average Volume: 1.54 million shs
• Market Capitalization: $50.10 billion
• P/E Ratio: 25.09
• Dividend Yield: 1.86%
• Price Target: $340.93
• Consensus Rating: Moderate Buy

L3Harris Technologies Stock Analysis - MarketRank™

L3Harris Technologies scored higher than 99% of companies evaluated by MarketBeat, and ranked 12th out of 655 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

L3Harris Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 2 strong buy ratings, 10 buy ratings, 8 hold ratings, and no sell ratings.

Upside Potential

L3Harris Technologies has a consensus price target of $340.93, representing about 26.6% upside from its current price of $269.20.

Amount of Analyst Coverage

L3Harris Technologies has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.92%

Earnings Growth

Earnings for L3Harris Technologies are expected to grow by 9.92% in the coming year, from $12.10 to $13.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of L3Harris Technologies is 25.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of L3Harris Technologies is 25.09, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 32.31.

Price to Earnings Growth Ratio

L3Harris Technologies has a PEG Ratio of 1.69. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

L3Harris Technologies has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.26% of the float of L3Harris Technologies has been sold short.

Short Interest Ratio / Days to Cover

L3Harris Technologies has a short interest ratio ("days to cover") of 2.08, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in L3Harris Technologies has recently decreased by 2.57%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

L3Harris Technologies pays a meaningful dividend of 1.81%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

L3Harris Technologies has been increasing its dividend for 24 years.

Dividend Coverage

The dividend payout ratio of L3Harris Technologies is 46.64%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, L3Harris Technologies will have a dividend payout ratio of 37.59% next year. This indicates that L3Harris Technologies will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.17

News Sentiment

L3Harris Technologies has a news sentiment score of 1.17. 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 higher news sentiment than the 0.53 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for L3Harris Technologies this week, compared to 8 articles on an average week.

Search Interest

Only 24 people have searched for LHX on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

MarketBeat Follows

22 people have added L3Harris Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 16% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, L3Harris Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.68% of the stock of L3Harris Technologies is held by insiders.

Percentage Held by Institutions

84.76% of the stock of L3Harris Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/18 Dividend: 9/04/2026
• Ex-Dividend for 9/18 Dividend: 9/04/2026
• Dividend Payable: 9/18/2026
• Last Earnings: 10/29/2026
• Today: 11/13/2026
• Record date for 12/18 Dividend: 12/04/2026
• Ex-Dividend for 12/18 Dividend: 12/04/2026
• Dividend Payable: 12/18/2026
• Fiscal Year End: 12/31/2026
• Next Earnings (Estimated): 1/28/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Aerospace & Defense
• Sub-Industry: Aerospace & Defense
• Current Symbol: NYSE:LHX
• CIK: 202058
• Web: www.l3harris.com
• Phone: (321) 727-9100
• Fax: 321-724-3973
• Employees: 45,000
• Year Founded: 1895

Price Target and Rating

• Average Price Target for L3Harris Technologies: $340.93
• High Price Target: $395.00
• Low Price Target: $280.00
• Potential Upside/Downside: +26.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 20 Analysts

Profitability

• EPS (Trailing Twelve Months): $10.72
• Trailing P/E Ratio: 25.11
• Forward P/E Ratio: 20.24
• P/E Growth: 1.69
• Net Income: $1.61 billion
• Net Margins: 8.76%
• Pretax Margin: 10.39%
• Return on Equity: 11.49%
• Return on Assets: 5.39%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 1.20
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $21.87 billion
• Price / Sales: 2.29
• Cash Flow: $17.33 per share
• Price / Cash Flow: 15.53
• Book Value: $108.70 per share
• Price / Book: 2.48

Miscellaneous

• Outstanding Shares: 186,200,000
• Free Float: 184,935,000
• Market Cap: $50.11 billion
• Optionable: Optionable
• Beta: 0.47