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. Stockholders of record on Friday, June 1st will be paid a dividend of $0.57 per share on Friday, June 15th. This represents a $2.28 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Thursday, May 31st. View Harris' Dividend History.

Harris announced that its Board of Directors has initiated a stock buyback program on Saturday, April 8th 2017, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its shares are undervalued.

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

Harris is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Harris.

8 Wall Street analysts have issued 12 month price objectives for Harris' shares. Their forecasts range from $145.00 to $183.00. On average, they anticipate Harris' stock price to reach $165.1250 in the next year. This suggests a possible upside of 9.4% from the stock's current price. View Analyst Ratings for Harris.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Harris in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

Headlines about HRS stock have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Harris earned a media sentiment score of 0.17 on Accern's scale. They also gave news stories about the communications equipment provider an impact score of 45.87 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Harris' stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.14%), Scout Investments Inc. (0.12%), Calamos Advisors LLC (0.09%), Retirement Systems of Alabama (0.08%), Capital One National Association (0.06%) and State of Alaska Department of Revenue (0.04%). 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 Scout Investments Inc., Assenagon Asset Management S.A., Clinton Group Inc., Capital One National Association, Hartford Investment Management Co., Pendal Group Ltd, Carderock Capital Management Inc. and Westpac Banking Corp. 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 purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Calamos Advisors LLC, Hudson Valley Investment Advisors Inc. ADV, Nisa Investment Advisors LLC, Polaris Greystone Financial Group LLC, Stokes Capital Advisors LLC, Krueger & Catalano Capital Partners LLC and Somerset Trust Co. 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 $150.90.

Harris has a market capitalization of $17.87 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]