Harris Corp. Company Profile (NYSE:HRS)

About Harris Corp.

Harris Corp. logoHarris Corporation (Harris) together with its subsidiaries is engaged in providing technology-based solutions to government and commercial customers. As of July 3, 2015, the Company operated through four business segments: RF Communications, Government Communications Systems, Integrated Network Solutions and Exelis. The RF Communications segment is engaged in serving the United States Department of Defense (DoD) and International Tactical Communications, and public safety and professional communications markets. The Government Communications Systems segment is engaged in serving civil, national intelligence and defense markets. The Integrated Network Solutions segment is engaged in serving information technology (IT) services, and managed satellite and terrestrial communications solutions markets. The Exelis segment provides positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: Communications Equipment
  • Exchange: NYSE
  • Symbol: HRS
  • CUSIP: 41387510
Key Metrics:
  • Previous Close: $91.27
  • 50 Day Moving Average: $87.91
  • 200 Day Moving Average: $80.95
  • Trailing P/E Ratio: 35.18
  • Foreward P/E Ratio: 14.40
  • P/E Growth: 0.38
  • Market Cap: $11.27B
  • Outstanding Shares: 124,099,000
  • Beta: 1.24
Additional Links:
Companies Related to Harris Corp.:

Analyst Ratings

Consensus Ratings for Harris Corp. (NYSE:HRS) (?)
Ratings Breakdown: 1 Hold Rating, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.89)
Consensus Price Target: $98.29 (8.20% upside)

Analysts' Ratings History for Harris Corp. (NYSE:HRS)
Show:
DateFirmActionRatingPrice TargetDetails
8/3/2016JPMorgan Chase & Co.Set Price TargetBuy$93.00View Rating Details
8/3/2016Jefferies GroupReiterated RatingBuy$95.00 -> $100.00View Rating Details
6/17/2016Drexel HamiltonReiterated RatingBuyView Rating Details
6/10/2016Citigroup Inc.Initiated CoverageBuy$95.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
4/12/2016Goldman Sachs Group Inc.Boost Price TargetBuy$102.00 -> $108.00View Rating Details
3/15/2016Cowen and CompanyDowngradeOutperform -> Market Perform$102.00 -> $90.00View Rating Details
1/4/2016Barclays PLCReiterated RatingBuy$97.00 -> $105.00View Rating Details
11/4/2015Royal Bank Of CanadaBoost Price TargetOutperform$90.00 -> $97.00View Rating Details
(Data available from 8/28/2014 forward)

Earnings

Earnings History for Harris Corp. (NYSE:HRS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/2/2016Q416$1.44$1.45$1.94 billion$1.90 billionViewN/AView Earnings Details
5/3/2016Q316$1.39$1.45$1.92 billion$1.91 billionViewN/AView Earnings Details
2/2/2016Q216$1.36$1.49$1.89 billion$1.84 billionViewN/AView Earnings Details
11/3/2015Q116$1.31$1.31$1.85 billion$1.81 billionViewN/AView Earnings Details
8/7/2015Q415$1.21$1.32$1.24 billion$1.53 billionViewN/AView Earnings Details
5/5/2015Q315$1.23$1.32$1.21 billion$1.27 billionViewN/AView Earnings Details
2/6/2015Q215$1.18$1.32$1.18 billion$1.21 billionViewN/AView Earnings Details
10/28/2014Q115$1.10$1.18$1.15 billion$1.16 billionViewN/AView Earnings Details
7/29/2014Q414$1.28$1.41$1.30 billion$1.33 billionViewN/AView Earnings Details
4/29/2014Q314$1.19$1.27$1.23 billion$1.27 billionViewN/AView Earnings Details
1/27/2014Q214$1.18$1.27$1.24 billion$1.22 billionViewN/AView Earnings Details
10/29/2013Q114$1.13$1.18$1.22 billion$1.19 billionViewN/AView Earnings Details
7/30/2013Q4 2013$1.15$1.41$1.31 billion$1.36 billionViewN/AView Earnings Details
4/30/2013Q3 2013$1.12$1.42$1.21 billion$1.20 billionViewN/AView Earnings Details
1/29/2013Q2 2013$1.20$1.24$1.31 billion$1.31 billionViewN/AView Earnings Details
10/29/2012Q113$1.12$1.14$1.29 billion$1.26 billionViewN/AView Earnings Details
7/31/2012$1.42$1.42ViewN/AView Earnings Details
5/1/2012$1.34$1.39ViewN/AView Earnings Details
1/31/2012$1.19$1.22ViewN/AView Earnings Details
10/26/2011$1.05$1.06ViewN/AView Earnings Details
8/2/2011$1.24$1.24ViewN/AView Earnings Details
5/3/2011$1.15$1.16ViewN/AView Earnings Details
1/26/2011$1.11$1.20ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Harris Corp. (NYSE:HRS)
Current Year EPS Consensus Estimate: $5.76 EPS
Next Year EPS Consensus Estimate: $6.31 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$1.38$1.43$1.41
Q2 20162$1.57$1.66$1.62
Q3 20162$1.37$1.38$1.38
Q4 20161$1.45$1.45$1.45
Q1 20171$1.36$1.36$1.36
Q2 20171$1.41$1.41$1.41
Q3 20171$1.45$1.45$1.45
Q4 20171$1.56$1.56$1.56
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Harris Corp. (NYSE:HRS)
Annual Dividend:$2.00
Dividend Yield:2.20%
Payout Ratio:77.82% (Based on Trailing 12 Months of Earnings)
34.72% (Based on Current Year Consensus EPS Estimate)
31.70% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:11.50% (3 Year Average)

Dividend History for Harris Corp. (NYSE:HRS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/22/2016quarterly$0.502.54%5/27/20166/1/20166/13/2016
2/26/2016quarterly$0.502.56%3/8/20163/10/20163/21/2016
10/23/2015quarterly$0.502.65%11/17/201511/19/201512/4/2015
8/28/2015quarterly$0.502.6%9/9/20159/11/20159/24/2015
4/24/2015quarterly$0.472.32%5/20/20155/22/20156/12/2015
2/27/2015quarterly$0.472.39%3/6/20153/10/20153/23/2015
10/24/2014quarterly$0.472.77%11/18/201411/20/201412/5/2014
8/25/2014quarterly$0.472.64%9/5/20149/9/20149/23/2014
4/25/2014quarterly$0.422.35%5/28/20145/30/20146/13/2014
2/28/2014quarterly$0.422.28%3/7/20143/11/20143/21/2014
10/25/2013quarterly$0.422.83%11/19/201311/21/201312/6/2013
8/26/2013quarterly$0.422.95%9/6/20139/10/20139/24/2013
4/26/2013quarterly$0.373.32%5/29/20135/31/20136/14/2013
2/22/2013quarterly$0.373.14%3/5/20133/7/20133/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Harris Corp. (NYSE:HRS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2016Sheldon J FoxSVPSell17,700$88.02$1,557,954.00View SEC Filing  
8/4/2016Dana A MehnertSVPSell27,000$88.02$2,376,540.00View SEC Filing  
8/2/2016Scott T MikuenSVPSell9,400$88.00$827,200.00View SEC Filing  
6/10/2016Dana A MehnertSVPSell100$82.00$8,200.00View SEC Filing  
6/8/2016Dana A MehnertSVPSell6,600$82.03$541,398.00View SEC Filing  
11/16/2015Scott T. MikuenSVPSell8,800$80.00$704,000.00View SEC Filing  
6/15/2015Sheldon J FoxInsiderSell11,891$77.80$925,119.80View SEC Filing  
6/11/2015Dana A MehnertInsiderSell48,700$78.67$3,831,229.00View SEC Filing  
11/25/2014Lewis A SchwartzVPSell47,400$72.01$3,413,274.00View SEC Filing  
10/1/2014David B RickardDirectorSell4,228$66.34$280,485.52View SEC Filing  
10/1/2014Lewis A SchwartzVPSell18,401$66.23$1,218,698.23View SEC Filing  
8/1/2014Dana A MehnertInsiderSell33,770$68.43$2,310,881.10View SEC Filing  
3/5/2014Lewis Hay IIIDirectorSell4,228$74.62$315,493.36View SEC Filing  
2/19/2014Scott MikuenSVPSell30,716$72.57$2,229,060.12View SEC Filing  
2/7/2014Sheldon FoxInsiderSell9,724$70.63$686,806.12View SEC Filing  
12/13/2013James StoffelDirectorSell3,706$65.71$243,521.26View SEC Filing  
12/2/2013Stephen KaufmanDirectorSell4,228$64.48$272,621.44View SEC Filing  
11/5/2013Gary McarthurVPSell71,346$62.19$4,437,007.74View SEC Filing  
11/4/2013Lewis A SchwartzVPSell23,330$61.70$1,439,461.00View SEC Filing  
9/24/2013David RickardDirectorSell4,228$57.79$244,336.12View SEC Filing  
9/12/2013Scott MikuenSVPSell11,067$58.16$643,656.72View SEC Filing  
9/11/2013Stephen KaufmanDirectorSell1,057$57.82$61,115.74View SEC Filing  
8/2/2013Dana A MehnertInsiderSell6,183$56.70$350,576.10View SEC Filing  
5/16/2013Lewis Hay IIIDirectorSell4,228$50.00$211,400.00View SEC Filing  
8/22/2012David B RickardDirectorSell4,228$46.12$194,995.36View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Harris Corp. (NYSE:HRS)
DateHeadline
News IconTop Gainers of the Day: Harris Corporation (NYSE:HRS) from Communication Equipment (NYSE:HRS)
twincountynews.com - August 27 at 9:59 AM
forbes.com logoThis Woman Negotiated Her Way Into An Interview With Sir Richard Branson (NYSE:HRS)
www.forbes.com - August 27 at 12:58 AM
News IconTop Gainers of the Day: Harris Corporation (NYSE:HRS) from Communication Equipment - Twin County News (NYSE:HRS)
twincountynews.com - August 26 at 5:19 PM
marketnewsvideo.com logoShort Interest Declines 11% For HRS (NYSE:HRS)
www.marketnewsvideo.com - August 25 at 5:31 PM
News IconHarris Corporation (NYSE:HRS) from Communication Equipment – Todays Top Gains (NYSE:HRS)
twincountynews.com - August 24 at 5:23 PM
capitalcube.com logoETF’s with exposure to Harris Corp. : August 24, 2016 (NYSE:HRS)
www.capitalcube.com - August 24 at 5:23 PM
News IconA look at a High Market Cap Stock: Harris Corporation, HRS - The Daily Leicester (NYSE:HRS)
thedailyleicester.com - August 24 at 8:35 AM
nasdaq.com logoHarris Corp. (HRS) Hit By Low Revenues & Guidance - Nasdaq (NYSE:HRS)
www.nasdaq.com - August 24 at 8:35 AM
zacks.com logoHarris Corp. (HRS) Hit By Low Revenues & Guidance (NYSE:HRS)
www.zacks.com - August 22 at 10:06 AM
marketrealist.com logoWhat Were Brocade’s Major Partnerships in Fiscal 3Q16? (NYSE:HRS)
marketrealist.com - August 22 at 10:06 AM
capitalcube.com logoHarris Corp. :HRS-US: Earnings Analysis: 2016 By the Numbers : August 22, 2016 (NYSE:HRS)
www.capitalcube.com - August 22 at 10:06 AM
News IconHarris Enters Distribution Agreement With Tait Communications (NYSE:HRS)
www.govconwire.com - August 20 at 9:42 AM
News IconCommunication Equipment: Harris Corporation (NYSE:HRS) Position of the day (NYSE:HRS)
twincountynews.com - August 20 at 9:42 AM
News IconIs Harris Corporation(NYSE: HRS), a large market cap stock a smart ... - The Daily Leicester (NYSE:HRS)
thedailyleicester.com - August 18 at 8:32 AM
News IconLarge Cap Communication Equipment: Harris Corporation (NYSE:HRS) (NYSE:HRS)
twincountynews.com - August 17 at 5:44 PM
News IconHarris Corporation (NYSE:HRS) – Top Stock from Technology Sector - The Daily Leicester (NYSE:HRS)
thedailyleicester.com - August 17 at 8:34 AM
forbes.com logoWorld's Highest-Paid DJs: Electronic Cash Kings 2016 (NYSE:HRS)
www.forbes.com - August 16 at 4:44 PM
finance.yahoo.com logoBoeing And Other Top Picks In Aerospace And Defense From Drexel Hamilton (NYSE:HRS)
finance.yahoo.com - August 15 at 5:45 PM
stocksdaily.net logoHarris Corporation (NYSE:HRS) Paid $0.5 As Dividend | Stocks Daily - Stocks Daily (NYSE:HRS)
www.stocksdaily.net - August 13 at 8:26 AM
News IconUpdate on Harris Corporation (NYSE:HRS) for the day - Twin County News (NYSE:HRS)
twincountynews.com - August 13 at 8:26 AM
stocksdaily.net logoHarris Corporation (NYSE:HRS) Paid $0.5 As Dividend (NYSE:HRS)
www.stocksdaily.net - August 12 at 5:34 PM
feeds.reuters.com logoBRIEF-CTI Industries says entered into amendment to credit agreement (NYSE:HRS)
feeds.reuters.com - August 11 at 1:11 PM
tradecalls.org logoHarris Corporation (HRS) Shares are Up 2.45% (NYSE:HRS)
www.tradecalls.org - August 9 at 4:19 PM
News IconSVP, Chief Global Bus Dev Off of Harris Corporation (NYSE:HRS), Mehnert Dana A, sells 27,000 shares worth $2,376,591 (NYSE:HRS)
empowerednews.net - August 8 at 5:41 PM
News IconIs Harris Corporation (NYSE:HRS), a large market cap stock a smart buy? (NYSE:HRS)
twincountynews.com - August 8 at 5:41 PM
capitalcube.com logoETF’s with exposure to Harris Corp. : August 8, 2016 (NYSE:HRS)
www.capitalcube.com - August 8 at 5:41 PM
tradecalls.org logoHarris Corporation (HRS) Shares are Up 2.45% - Trade Calls (NYSE:HRS)
www.tradecalls.org - August 8 at 10:11 AM
News IconLeading stocks in today’s market: Harris Corporation (NYSE:HRS) (NYSE:HRS)
twincountynews.com - August 5 at 5:38 PM
capitalcube.com logoHarris Corp. :HRS-US: Earnings Analysis: Q4, 2016 By the Numbers : August 5, 2016 (NYSE:HRS)
www.capitalcube.com - August 5 at 5:38 PM
News IconWorthy Stock Update: Harris Corporation (NYSE:HRS) - News Oracle (NYSE:HRS)
www.newsoracle.com - August 5 at 8:27 AM
equities.com logoHarris Corporation (HRS) is Trading Higher on Unusual Volume for August 03 - Equities.com (NYSE:HRS)
www.equities.com - August 5 at 8:27 AM
equities.com logoHarris Corporation (HRS) is Trading Higher on Unusual Volume for August 02 (NYSE:HRS)
www.equities.com - August 4 at 5:49 PM
News IconUpdate on Harris Corporation (NYSE:HRS) for the day (NYSE:HRS)
twincountynews.com - August 4 at 5:49 PM
streetupdates.com logoUpdated Analysts Rating Report: Harris Corporation (NYSE:HRS) , Lattice Semiconductor Corporation (NASDAQ:LSCC) - Street Updates (NYSE:HRS)
www.streetupdates.com - August 4 at 8:27 AM
News IconAugust 2 Market Close: GovCon Index Down on Boeing & Services Stock Losses, Harris Jumps 2% on Jana Partners Board Pact (NYSE:HRS)
www.govconwire.com - August 3 at 5:47 PM
seekingalpha.com logoHarris (HRS) William M. Brown on Q4 2016 Results - Earnings Call Transcript (NYSE:HRS)
seekingalpha.com - August 3 at 5:47 PM
bizjournals.com logoCould Harris Corp. be the next company to spin off government IT services? (NYSE:HRS)
www.bizjournals.com - August 3 at 5:47 PM
streetinsider.com logoHarris Corp. (HRS), JANA Partners Enter Agreement Over Director Appointments - StreetInsider.com (NYSE:HRS)
www.streetinsider.com - August 3 at 8:45 AM
finance.yahoo.com logoEdited Transcript of HRS earnings conference call or presentation 2-Aug-16 12:30pm GMT (NYSE:HRS)
finance.yahoo.com - August 3 at 8:45 AM
equities.com logoHarris Corporation (HRS) Pops 2.71% for August 02 - Equities.com (NYSE:HRS)
www.equities.com - August 2 at 5:46 PM
marketrealist.com logoHow Can Juniper Networks Increase Its Shareholder Value? (NYSE:HRS)
marketrealist.com - August 2 at 5:46 PM
seekingalpha.com logoHarris up 2.8% as Exelis synergies help drive fiscal Q4 beat (NYSE:HRS)
seekingalpha.com - August 2 at 4:01 PM
twst.com logoHarris Corporation: Harris Corporation Reports Fiscal 2016 Fourth Quarter and Full Fiscal Year Results (NYSE:HRS)
www.twst.com - August 2 at 10:19 AM
nasdaq.com logoHarris Corp. Q4 Profit Climbs 24% (NYSE:HRS)
www.nasdaq.com - August 2 at 10:19 AM
News IconHarris FY 2017 Guidance Below Street Estimate, 4Q Swings to Profit as Radio Maker Inks Board Appointment Pact With Jana Partners (NYSE:HRS)
www.govconwire.com - August 2 at 10:19 AM
sg.finance.yahoo.com logoHarris beats 4Q profit forecasts (NYSE:HRS)
sg.finance.yahoo.com - August 2 at 10:18 AM
biz.yahoo.com logoQ4 2016 Harris Corp Earnings Release - Before Market Open (NYSE:HRS)
biz.yahoo.com - August 2 at 10:18 AM
publicnow.com logoHarris Corporation Reports Fiscal 2016 Fourth Quarter and Full Fiscal Year Results (NYSE:HRS)
www.publicnow.com - August 2 at 10:18 AM
publicnow.com logoHarris Corporation and JANA Partners Reach Agreement (NYSE:HRS)
www.publicnow.com - August 2 at 10:18 AM
finance.yahoo.com logoEarnings Beat at Harris Corporation (HRS) in Q4 (NYSE:HRS)
finance.yahoo.com - August 2 at 10:18 AM

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Harris Corp. (NYSE:HRS) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff