NYSE:HRS - Harris Stock Price, Price Target & More

Harris trades on the New York Stock Exchange (NYSE) under the ticker symbol "HRS."

Harris announced a quarterly dividend on Friday, April 27th. Investors of record on Friday, June 1st will be given a dividend of $0.57 per share on Friday, June 15th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Thursday, May 31st. View Harris' Dividend History.

Harris declared that its Board of Directors has initiated a stock buyback plan on Saturday, April 8th 2017, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.7% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

Harris Co. (NYSE:HRS) released its quarterly earnings results on Wednesday, May, 2nd. The communications equipment provider reported $1.67 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.63 by $0.04. The communications equipment provider earned $1.57 billion during the quarter, compared to the consensus estimate of $1.55 billion. Harris had a return on equity of 25.07% and a net margin of 10.43%. Harris's quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.38 earnings per share. View Harris' Earnings History.

Harris is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Harris.

8 Wall Street analysts have issued 1-year price objectives for Harris' shares. Their predictions range from $145.00 to $196.00. On average, they anticipate Harris' share price to reach $168.3750 in the next year. View Analyst Ratings for Harris.

Some companies that are related to Harris include Raytheon (RTN), Northrop Grumman (NOC), Garmin (GRMN), FLIR Systems (FLIR), Teledyne Technologies (TDY), Telenav (TNAV), Coda Octopus Group (CODA), Applied Energetics (AERG) and PASSUR Aerospace (PSSR).

News headlines about HRS stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Harris earned a media sentiment score of 0.07 on Accern's scale. They also gave press coverage about the communications equipment provider an impact score of 45.67 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Harris' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.27%), Wells Fargo & Company MN (4.31%), Boston Partners (2.28%), Northern Trust Corp (1.04%), Burgundy Asset Management Ltd. (0.86%) and Prudential Financial Inc. (0.77%). Company insiders that own Harris stock include Christopher D Young, Dana A Mehnert, Edward J Zoiss, James F Albaugh, Robert L Duffy, Scott T Mikuen, Sheldon J Fox and William H Gattle. View Institutional Ownership Trends for Harris.

HRS stock was sold by a variety of institutional investors in the last quarter, including Burgundy Asset Management Ltd., Federated Investors Inc. PA, Wells Fargo & Company MN, Millennium Management LLC, Northern Trust Corp, Guggenheim Capital LLC, State of Wisconsin Investment Board and Loomis Sayles & Co. L P. Company insiders that have sold Harris company stock in the last year include Christopher D Young, Dana A Mehnert, Scott T Mikuen and Sheldon J Fox. View Insider Buying and Selling for Harris.

HRS stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Prudential Financial Inc., Carillon Tower Advisers Inc., WINTON GROUP Ltd, Victory Capital Management Inc., Teacher Retirement System of Texas and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for Harris.

Shares of HRS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of HRS stock can currently be purchased for approximately $145.23.

Harris has a market capitalization of $17.72 billion and generates $5.90 billion in revenue each year. The communications equipment provider earns $553 million in net income (profit) each year or $5.53 on an earnings per share basis. Harris employs 17,000 workers across the globe.

Harris' mailing address is 1025 W NASA BLVD, MELBOURNE FL, 32919. The communications equipment provider can be reached via phone at 321-727-9100 or via email at [email protected]