NYSE:HRS - Harris Stock Price, News, & Analysis

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$164.86 -0.79 (-0.48 %)
(As of 04/23/2019 08:00 AM ET)
Previous Close$165.65
Today's Range$163.62 - $165.50
52-Week Range$123.24 - $175.50
Volume610,800 shs
Average Volume912,330 shs
Market Capitalization$19.45 billion
P/E Ratio25.36
Dividend Yield1.65%
Beta1.23
Harris Corporation provides technology-based solutions that solve government and commercial customers' mission-critical challenges in the United States and internationally. The company operates in three segments: Communication Systems, Electronic Systems, and Space and Intelligence Systems. It designs, develops, and manufactures radio communications products and systems, including single channel ground and airborne radio systems, multiband manpack and handheld radios, multi-channel manpack and airborne radios, and single-channel airborne radios, as well as wideband rifleman team, ground, and high frequency manpack radios. The company also offers vision-enhancing products; wireless communications systems; and Internet protocol based voice and data communications systems, as well as single-band land mobile radio terminals and multiband radios comprising a handheld radio and a full-spectrum mobile radio for vehicles. In addition, it provides electronic warfare, avionics, command, control, communications, computers, intelligence, surveillance, and reconnaissance solutions for defense and classified customers; and mission-critical communication systems for civil and military aviation and other customers. Further, the company offers intelligence, space protection, geospatial, earth observation, exploration, positioning, navigation and timing, and environmental solutions using advanced sensors, antennas, and payloads, as well as ground processing and information analytics for national security, defense, civil and commercial customers. Harris Corporation was founded in 1895 and is headquartered in Melbourne, Florida.

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Industry, Sector and Symbol

Industry Search & navigation equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
CUSIP41387510
Phone321-727-9100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.18 billion
Cash Flow$8.7832 per share
Book Value$27.98 per share

Profitability

Net Income$718 million

Miscellaneous

Employees17,500
Market Cap$19.45 billion
Next Earnings Date5/1/2019 (Confirmed)
OptionableOptionable

Harris (NYSE:HRS) Frequently Asked Questions

What is Harris' stock symbol?

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

How often does Harris pay dividends? What is the dividend yield for Harris?

Harris announced a quarterly dividend on Monday, February 25th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.685 per share on Friday, March 22nd. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, March 7th. View Harris' Dividend History.

How were Harris' earnings last quarter?

Harris Co. (NYSE:HRS) posted its quarterly earnings data on Tuesday, January, 29th. The communications equipment provider reported $1.96 EPS for the quarter, beating the Zacks' consensus estimate of $1.91 by $0.05. The communications equipment provider earned $1.67 billion during the quarter, compared to analysts' expectations of $1.63 billion. Harris had a return on equity of 26.55% and a net margin of 13.29%. The company's revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.67 EPS. View Harris' Earnings History.

When is Harris' next earnings date?

Harris is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Harris.

How can I listen to Harris' earnings call?

Harris will be holding an earnings conference call on Wednesday, May 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774076184.

What guidance has Harris issued on next quarter's earnings?

Harris updated its FY19 earnings guidance on Tuesday, January, 29th. The company provided EPS guidance of $7.90-8.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.90. The company issued revenue guidance of $6.66-6.69 billion, compared to the consensus revenue estimate of $6.63 billion.Harris also updated its FY 2019 guidance to $7.90-8.00 EPS.

What price target have analysts set for HRS?

7 brokers have issued 1 year target prices for Harris' stock. Their predictions range from $161.00 to $209.00. On average, they expect Harris' share price to reach $183.4286 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Price Targets for Harris.

What is the consensus analysts' recommendation for Harris?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Harris in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Harris.

Has Harris been receiving favorable news coverage?

Media headlines about HRS stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Harris earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news stories about the communications equipment provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Who are some of Harris' key competitors?

What other stocks do shareholders of Harris own?

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).

Who are Harris' key executives?

Harris' management team includes the folowing people:
  • Mr. William M. Brown, Chairman, Pres & CEO (Age 56)
  • Mr. Rahul Ghai, Sr. VP & CFO (Age 47)
  • Mr. Sheldon J. Fox, Sr. VP of Operations & Information Technology (Age 60)
  • Mr. Scott T. Mikuen, Sr. VP, Gen. Counsel & Sec. (Age 57)
  • Mr. Dana A. Mehnert, Pres of Communication Systems (Age 57)

Who are Harris' major shareholders?

Harris' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.29%), Calamos Advisors LLC (0.20%), Deroy & Devereaux Private Investment Counsel Inc. (0.09%), Retirement Systems of Alabama (0.08%), Lodestar Investment Counsel LLC IL (0.05%) and M. Kraus & Co (0.05%). Company insiders that own Harris stock include Christopher D Young, Dana A Mehnert, Edward J Zoiss, Robert L Duffy, Scott T Mikuen, Sheldon J Fox and Todd A Taylor. View Institutional Ownership Trends for Harris.

Which major investors are selling Harris stock?

HRS stock was sold by a variety of institutional investors in the last quarter, including First National Bank of Mount Dora Trust Investment Services, Town & Country Bank & Trust CO dba First Bankers Trust CO, Hudson Valley Investment Advisors Inc. ADV, E&G Advisors LP, First Hawaiian Bank, Retirement Systems of Alabama, Bowling Portfolio Management LLC and State of Alaska Department of Revenue. Company insiders that have sold Harris company stock in the last year include Edward J Zoiss, Robert L Duffy, Scott T Mikuen, Sheldon J Fox and Todd A Taylor. View Insider Buying and Selling for Harris.

Which major investors are buying Harris stock?

HRS stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio, Lodestar Investment Counsel LLC IL, DNB Asset Management AS, Sciencast Management LP, Biltmore Wealth Management LLC, Virtu Financial LLC, Scout Investments Inc. and Heritage Investors Management Corp. View Insider Buying and Selling for Harris.

How do I buy shares of 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.

What is Harris' stock price today?

One share of HRS stock can currently be purchased for approximately $164.86.

How big of a company is Harris?

Harris has a market capitalization of $19.45 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.

What is Harris' official website?

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

How can I contact Harris?

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]


MarketBeat Community Rating for Harris (NYSE HRS)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  379 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  740
MarketBeat's community ratings are surveys of what our community members think about Harris and other stocks. Vote "Outperform" if you believe HRS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HRS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/23/2019 by MarketBeat.com Staff

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