NYSE:HRS - Harris Stock Price, News, Headlines & Rumors

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

Harris declared 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 yield of 1.38%. The ex-dividend date of this dividend is Thursday, May 31st. View Harris' Dividend History.

Harris announced that its board has initiated a stock buyback plan on Saturday, April 8th 2017, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 7.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

Harris Co. (NYSE:HRS) posted its quarterly earnings results on Tuesday, July, 31st. The communications equipment provider reported $1.78 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.76 by $0.02. The communications equipment provider earned $1.67 billion during the quarter, compared to analysts' expectations of $1.62 billion. Harris had a net margin of 11.61% and a return on equity of 25.36%. The business's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.49 EPS. View Harris' Earnings History.

Harris is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for Harris.

Harris updated its FY19 earnings guidance on Tuesday, July, 31st. The company provided earnings per share guidance of $7.65-7.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.71. The company issued revenue guidance of $6.53-6.65 billion, compared to the consensus revenue estimate of $6.55 billion.

8 Wall Street analysts have issued twelve-month price targets for Harris' stock. Their predictions range from $148.00 to $190.00. On average, they expect Harris' stock price to reach $172.00 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Harris.

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).

News stories about HRS stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Harris earned a media and rumor sentiment score of 0.13 on Accern's scale. They also gave news coverage about the communications equipment provider an impact score of 46.59 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Harris.

Harris' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.32%), Wells Fargo & Company MN (4.23%), Janus Henderson Group PLC (2.57%), Boston Partners (1.72%), Bank of New York Mellon Corp (1.30%) and FMR LLC (1.09%). 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 Boston Partners, FMR LLC, Dividend Assets Capital LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Scout Investments Inc., Burgundy Asset Management Ltd. and First Quadrant L P CA. Company insiders that have sold Harris company stock in the last year include Dana A Mehnert, Scott T Mikuen and Sheldon J Fox. View Insider Buying and Selling for Harris.

HRS stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Massachusetts Financial Services Co. MA, BNP Paribas Arbitrage SA, Bank of Montreal Can, Calamos Advisors LLC, Chevy Chase Trust Holdings Inc., Teacher Retirement System of Texas and BNP PARIBAS ASSET MANAGEMENT Holding S.A.. 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 $164.90.

Harris has a market capitalization of $19.38 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 17,000 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]