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: $90.88
  • 50 Day Moving Average: $90.92
  • 200 Day Moving Average: $83.04
  • 52-Week Range: $70.10 - $94.09
  • Trailing P/E Ratio: 35.20
  • Foreward P/E Ratio: 14.68
  • P/E Growth: 0.38
  • Market Cap: $11.29B
  • Outstanding Shares: 124,220,000
  • Beta: 1.3
Profitability:
  • Net Margins: 4.34%
  • Return on Equity: 21.77%
  • Return on Assets: 5.89%
Debt:
  • Debt-to-Equity Ratio: 1.35%
  • Current Ratio: 1.33%
  • Quick Ratio: 0.84%
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 (8.15% upside)

Analysts' Ratings History for Harris Corp. (NYSE:HRS)
Show:
DateFirmActionRatingPrice TargetDetails
9/6/2016Citigroup Inc.Lower Price TargetBuy$112.00 -> $95.00View Rating Details
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
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 9/24/2014 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: $5.74 EPS
Next Year EPS Consensus Estimate: $6.19 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:$2.12
Dividend Yield:2.33%
Dividend Growth:11.50% (3 Year Average)
Payout Ratio:82.49% (Based on Trailing 12 Months of Earnings)
36.93% (Based on Current Year Consensus EPS Estimate)
34.25% (Based on Next Year Consensus EPS Estimate)
Track Record:14 Years of Consecutive Dividend Growth

Dividend History for Harris Corp. (NYSE:HRS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/29/2016quarterly$0.532.29%9/7/20169/9/20169/21/2016
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)
Insider Ownership Percentage: 1.71%
Institutional Ownership Percentage: 88.92%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/6/2016William H GattleInsiderSell1,366$93.75$128,062.50View SEC Filing  
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 IconCommunication Equipment: Harris Corporation (NYSE:HRS) Position of the day (NYSE:HRS)
twincountynews.com - September 24 at 9:58 AM
stocksdaily.net logoHarris Corporation (NYSE:HRS) Makes Public Its Dividend Alert Of $0.53 (NYSE:HRS)
www.stocksdaily.net - September 24 at 9:58 AM
News IconToday's Top Gainers in the Market Harris Corporation (NYSE:HRS) from Technology - The Daily Leicester (NYSE:HRS)
thedailyleicester.com - September 23 at 5:07 PM
News IconHarris Corporation (NYSE:HRS) from Communication Equipment – Todays Top Gains (NYSE:HRS)
twincountynews.com - September 23 at 10:28 AM
News IconA look at a High Market Cap Stock: Harris Corporation, HRS - The Daily Leicester (NYSE:HRS)
thedailyleicester.com - September 22 at 5:32 PM
News IconLeading stocks in today's market: Harris Corporation (NYSE:HRS) - Twin County News (NYSE:HRS)
twincountynews.com - September 21 at 3:43 PM
News IconLeading stocks in today’s market: Harris Corporation (NYSE:HRS) (NYSE:HRS)
twincountynews.com - September 21 at 9:40 AM
News IconHarris Corporation (NYSE: HRS) – Is this large market cap stock undervalued? - The Daily Leicester (NYSE:HRS)
thedailyleicester.com - September 20 at 10:36 AM
publicnow.com logoHarris CapRock Named Best in Maritime and Energy Wireless Solutions (NYSE:HRS)
www.publicnow.com - September 20 at 10:36 AM
News IconHigh Market Cap Stock of the Day – Harris Corporation (NYSE:HRS) (NYSE:HRS)
twincountynews.com - September 19 at 5:34 PM
News IconIs Harris Corporation (NYSE:HRS), a large market cap stock a smart buy? (NYSE:HRS)
twincountynews.com - September 17 at 10:04 AM
News IconHow has Harris Corporation:(NYSE:HRS) performed recently? – The ... - The Daily Leicester (NYSE:HRS)
thedailyleicester.com - September 16 at 5:20 PM
News IconA look at a High Market Cap Stock: Harris Corporation, HRS – The ... - The Daily Leicester (NYSE:HRS)
thedailyleicester.com - September 16 at 9:22 AM
News IconLarge Cap Communication Equipment: Harris Corporation (NYSE:HRS) (NYSE:HRS)
twincountynews.com - September 15 at 5:49 PM
forbes.com logoHBO's 'Westworld': TV Ratings Prediction (Best Case Scenario) (NYSE:HRS)
www.forbes.com - September 15 at 5:49 PM
News IconInvestment Luring Titans in Focus- Symantec Corporation (NASDAQ:SYMC), Harris Corporation (NYSE:HRS) - Seneca Globe (NYSE:HRS)
www.senecaglobe.com - September 14 at 5:35 PM
News IconHarris Corporation (NYSE:HRS) from Communication Equipment – Todays Top Gains - Twin County News (NYSE:HRS)
twincountynews.com - September 14 at 5:35 PM
finance.yahoo.com logoHarris Corp (HRS) Unit Unveils Long-Range Wireless Radio (NYSE:HRS)
finance.yahoo.com - September 14 at 5:35 PM
News IconInvestors Need to Be Considers- Harris Corporation (NYSE:HRS), Yandex N.V. (NASDAQ:YNDX) - Seneca Globe (NYSE:HRS)
www.senecaglobe.com - September 14 at 9:43 AM
publicnow.com logoHarris CapRock Announces OnePath™ Wireless Radio (NYSE:HRS)
www.publicnow.com - September 13 at 10:17 AM
publicnow.com logoHarris Corporation Joins Indian River Lagoon Innovators and Investors Network (NYSE:HRS)
www.publicnow.com - September 12 at 5:22 PM
News IconUpdate on Harris Corporation (NYSE:HRS) for the day (NYSE:HRS)
twincountynews.com - September 10 at 5:02 PM
News IconShares Holding Above Moving Averages: Harris Corporation (NYSE:HRS) - Post News (NYSE:HRS)
www.kentuckypostnews.com - September 9 at 5:18 PM
prnewswire.com logoAviation Leaders Harris Corporation and PrecisionHawk Launch ... - PR Newswire (press release) (NYSE:HRS)
www.prnewswire.com - September 9 at 5:18 PM
News IconAnalysts Take Aim At This Stock's Earnings Estimates: Harris Corporation (NYSE:HRS) - Frisco Fastball (NYSE:HRS)
friscofastball.com - September 9 at 5:18 PM
News IconAviation Leaders Harris Corporation and PrecisionHawk Launch LATAS with Live Manned Aircraft Alerts to Help Drone Operators F... (NYSE:HRS)
ih.advfn.com - September 8 at 5:23 PM
finance.yahoo.com logoAviation Leaders Harris Corporation and PrecisionHawk Launch LATAS with Live Manned Aircraft Alerts to Help Drone Operators Fly Safer (NYSE:HRS)
finance.yahoo.com - September 8 at 5:23 PM
businesswire.com logoHarris Corporation to Demonstrate Robotic Bomb Disposal ... - Business Wire (press release) (NYSE:HRS)
www.businesswire.com - September 8 at 9:23 AM
finance.yahoo.com logoHarris Corporation to Demonstrate Robotic Bomb Disposal Technology at Raven’s Challenge in Thailand (NYSE:HRS)
au.finance.yahoo.com - September 7 at 5:38 PM
publicnow.com logoHarris Corporation to Demonstrate Robotic Bomb Disposal Technology at Raven's Challenge in Thailand (NYSE:HRS)
www.publicnow.com - September 7 at 5:38 PM
News IconHistory of Harris Corporation (NYSE:HRS) stock price after earnings - The Independent Republic (NYSE:HRS)
theindependentrepublic.com - September 6 at 5:30 PM
nasdaq.com logoHarris Corporation (HRS) Ex-Dividend Date Scheduled for September 07, 2016 - Nasdaq (NYSE:HRS)
www.nasdaq.com - September 6 at 5:30 PM
capitalcube.com logoETF’s with exposure to Harris Corp. : September 6, 2016 (NYSE:HRS)
www.capitalcube.com - September 6 at 5:30 PM
finance.yahoo.com logoSleeper space stocks rocketing higher (NYSE:HRS)
finance.yahoo.com - September 6 at 5:30 PM
stocksdaily.net logoHarris Corporation (NYSE:HRS) Boasts Rating Of 1.6 (NYSE:HRS)
www.stocksdaily.net - September 2 at 5:27 PM
finance.yahoo.com logoHARRIS CORP /DE/ Financials (NYSE:HRS)
finance.yahoo.com - September 2 at 5:27 PM
finance.yahoo.com logoHarris (HRS) is in Overbought Territory: What's Next? (NYSE:HRS)
finance.yahoo.com - September 2 at 10:20 AM
News IconHarris Unveils 2 Board Appointments Under Jana Partners Pact (NYSE:HRS)
www.govconwire.com - September 1 at 5:24 PM
finance.yahoo.com logoHarris Corp. (HRS) Scales 52-week High on Dividend Hike - Yahoo Finance (NYSE:HRS)
finance.yahoo.com - September 1 at 8:27 AM
biz.yahoo.com logoHARRIS CORP /DE/ Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:HRS)
biz.yahoo.com - September 1 at 8:27 AM
feeds.reuters.com logoBRIEF-Harris files for potential mixed shelf size not disclosed - SEC filing (NYSE:HRS)
feeds.reuters.com - August 31 at 7:25 PM
seekingalpha.com logoHarris sets two board members as part of JANA Partners deal (NYSE:HRS)
seekingalpha.com - August 31 at 6:21 PM
zacks.com logoHarris Corp. (HRS) Scales 52-week High on Dividend Hike (NYSE:HRS)
www.zacks.com - August 31 at 10:17 AM
News IconStock Up Over the Past Five Trading Days: Harris Corporation ... - Post News (NYSE:HRS)
www.kentuckypostnews.com - August 30 at 8:39 AM
streetinsider.com logoHarris Corp. (HRS) Raises Quarterly Dividend 6% to $0.53; 2.3% Yield - StreetInsider.com (NYSE:HRS)
www.streetinsider.com - August 30 at 8:39 AM
nasdaq.com logoHarris Corp (HRS) Announces 6% Rise in Quarterly Dividends - Nasdaq (NYSE:HRS)
www.nasdaq.com - August 30 at 8:39 AM
biz.yahoo.com logoHARRIS CORP /DE/ Files SEC form 10-K, Annual Report (NYSE:HRS)
biz.yahoo.com - August 30 at 8:39 AM
finance.yahoo.com logoHarris Corp (HRS) Announces 6% Rise in Quarterly Dividends (NYSE:HRS)
finance.yahoo.com - August 30 at 8:39 AM
News IconHarris Increases Dividend (NYSE:HRS)
www.defensedaily.com - August 29 at 5:22 PM
moodys.com logoExelis, Inc. -- Moody's affirms Harris senior unsecured at Baa3: Outlook stable (NYSE:HRS)
www.moodys.com - August 29 at 5:22 PM

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Harris Corp. (NYSE:HRS) Chart for Saturday, September, 24, 2016


Last Updated on 9/24/2016 by MarketBeat.com Staff