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

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

Harris declared a quarterly dividend on Friday, April 27th. Shareholders 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 annualized dividend and a yield of 1.59%. The ex-dividend date is Thursday, May 31st. View Harris' Dividend History.

Harris announced that its Board of Directors has approved a share buyback program on Saturday, April 8th 2017, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 7.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

Harris Co. (NYSE:HRS) issued its quarterly earnings data on Wednesday, May, 2nd. The communications equipment provider reported $1.67 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $0.04. The communications equipment provider had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.55 billion. Harris had a net margin of 10.43% and a return on equity of 25.07%. The business's revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the company 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' stock. Their forecasts range from $145.00 to $196.00. On average, they anticipate Harris' stock 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 articles about HRS stock have trended somewhat positive on Thursday, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Harris earned a coverage optimism score of 0.19 on Accern's scale. They also gave press coverage about the communications equipment provider an impact score of 46.86 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Harris' stock is owned by a number 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 purchased 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 $143.15.

Harris has a market capitalization of $17.27 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]