NYSE:HRS - Harris Stock Price, Forecast & News

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

Harris announced a quarterly dividend on Friday, April 26th. Stockholders of record on Friday, May 17th will be given a dividend of $0.685 per share on Tuesday, June 4th. This represents a $2.74 annualized dividend and a dividend yield of 1.25%. The ex-dividend date 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 for the quarter, beating the Thomson Reuters' consensus estimate of $1.72 by $0.06. The communications equipment provider had revenue of $1.54 billion for 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%. The company's revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.38 earnings per share. View Harris' Earnings History.

Harris is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Harris.

4 equities research analysts have issued twelve-month price targets for Harris' shares. Their forecasts range from $194.00 to $245.00. On average, they expect Harris' share price to reach $209.75 in the next twelve months. This suggests that the stock has a possible downside of 4.6%. 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.

Press coverage about HRS stock has trended somewhat negative on Thursday, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Harris earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave news stories about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. 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 $219.91.

Harris has a market capitalization of $25.98 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]