NYSE:HRS - Harris Stock Price, Forecast & News

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

Harris declared a quarterly dividend on Friday, April 26th. Stockholders of record on Friday, May 17th will be paid a dividend of $0.685 per share on Tuesday, June 4th. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, May 16th. View Harris' Dividend History.

Harris Co. (NYSE:HRS) released its earnings results on Sunday, October, 14th. The communications equipment provider reported $1.78 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.72 by $0.06. The communications equipment provider earned $1.54 billion during the quarter, compared to analysts' expectations of $1.52 billion. Harris had a return on equity of 27.13% and a net margin of 13.60%. Harris's quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.38 earnings per share. View Harris' Earnings History.

4 brokerages have issued twelve-month price targets for Harris' shares. Their forecasts range from $194.00 to $245.00. On average, they anticipate Harris' share price to reach $209.75 in the next year. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for Harris.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Harris in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Harris.

News stories about HRS stock have been trending positive on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Harris earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave media headlines about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Harris.

Some companies that are related to Harris include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR) and Comtech Telecomm. (CMTL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Harris investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Allergan (AGN) and Gran Tierra Energy (GTE).

One share of HRS stock can currently be purchased for approximately $222.32.

Harris has a market capitalization of $26.26 billion and generates $6.18 billion in revenue each year. The communications equipment provider earns $718 million in net income (profit) each year or $6.50 on an earnings per share basis. Harris employs 17,500 workers across the globe.View Additional Information About Harris.

The official website for Harris is http://www.harris.com/.

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]