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 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend is Thursday, May 31st. View Harris' Dividend History.

Harris announced that its board has authorized a stock buyback plan on Saturday, April 8th 2017, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 7.7% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

Harris Co. (NYSE:HRS) released its quarterly earnings data on Wednesday, May, 2nd. The communications equipment provider reported $1.67 earnings per share for the quarter, topping analysts' consensus estimates of $1.63 by $0.04. The communications equipment provider had revenue of $1.57 billion for the quarter, compared to analysts' expectations of $1.55 billion. Harris had a return on equity of 25.07% and a net margin of 10.43%. The firm's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.38 EPS. 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 brokers have issued 12-month price targets for Harris' shares. Their forecasts range from $145.00 to $196.00. On average, they expect Harris' stock price to reach $168.3750 in the next twelve months. 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).

Press coverage about HRS stock has trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Harris earned a media sentiment score of 0.22 on Accern's scale. They also gave media stories about the communications equipment provider an impact score of 47.45 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Harris' stock is owned by many different of retail and institutional 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 acquired 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 $143.70.

Harris has a market capitalization of $17.00 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]