S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
'Succession' fans brace for series finale of Emmy-winning hit drama
BREAKING: Tiny biotech successfully treats blindness (Ad)
Turkey's Erdogan declares victory in presidential runoff, extends rule into 3rd decade
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
'Succession' fans brace for series finale of Emmy-winning hit drama
BREAKING: Tiny biotech successfully treats blindness (Ad)
Turkey's Erdogan declares victory in presidential runoff, extends rule into 3rd decade
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
'Succession' fans brace for series finale of Emmy-winning hit drama
BREAKING: Tiny biotech successfully treats blindness (Ad)
Turkey's Erdogan declares victory in presidential runoff, extends rule into 3rd decade
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
'Succession' fans brace for series finale of Emmy-winning hit drama
BREAKING: Tiny biotech successfully treats blindness (Ad)
Turkey's Erdogan declares victory in presidential runoff, extends rule into 3rd decade
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
NYSE:LHX

L3Harris Technologies (LHX) Stock Forecast, Price & News

$178.76
+2.37 (+1.34%)
(As of 05/26/2023 ET)
Compare
Today's Range
$175.52
$179.10
50-Day Range
$176.39
$204.43
52-Week Range
$175.51
$255.10
Volume
989,974 shs
Average Volume
1.19 million shs
Market Capitalization
$33.87 billion
P/E Ratio
37.32
Dividend Yield
2.55%
Price Target
$250.00

L3Harris Technologies MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
39.9% Upside
$250.00 Price Target
Short Interest
Healthy
1.05% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.22
Upright™ Environmental Score
News Sentiment
0.81mentions of L3Harris Technologies in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.50%
From $12.32 to $13.49 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Aerospace Sector

8th out of 46 stocks

Search & Navigation Equipment Industry

2nd out of 11 stocks


LHX stock logo

About L3Harris Technologies (NYSE:LHX) Stock

L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. The Integrated Mission Systems segment consists of multi-mission ISR and communication systems, integrated electrical and electronic systems for maritime platforms, and advanced electro-optical and infrared solutions. The Space and Airborne Systems segment consists of space payloads, sensors and full-mission solutions, classified intelligence and cyber defense, avionics, and electronic warfare. The Communication Systems segment consists of tactical communications, broadband communications, integrated vision solutions, and public safety. The Aviation Systems segment is composed of defense aviation products, security, detection and other commercial aviation products, air traffic management, and commercial and military pilot training. The company was founded in 1890 and is headquartered in Melbourne, FL.

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LHX Stock News Headlines

Barclays Remains a Buy on L3Harris Technologies (LHX)
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Why Buy L3Harris As Shares Dip Lower
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Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Analyst Expectations for L3Harris Technologies's Future
New Sell Rating for L3Harris Technologies (LHX), the Technology Giant
L3Harris: A Ridiculously Undervalued Dividend Stock
See More Headlines
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LHX Company Calendar

Ex-Dividend for 3/24 Dividend
3/09/2023
Dividend Payable
3/24/2023
Last Earnings
4/27/2023
Today
5/28/2023
Ex-Dividend for 6/16 Dividend
6/01/2023
Dividend Payable
6/16/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Search & navigation equipment
Sub-Industry
N/A
Sector
Aerospace
Employees
46,000
Year Founded
1895

Price Target and Rating

Average Stock Price Forecast
$250.00
High Stock Price Forecast
$285.00
Low Stock Price Forecast
$222.00
Forecasted Upside/Downside
+39.9%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
14 Analysts

Profitability

Net Income
$1.06 billion
Pretax Margin
6.37%

Debt

Sales & Book Value

Annual Sales
$17.06 billion
Cash Flow
$22.26 per share
Book Value
$97.16 per share

Miscellaneous

Free Float
187,899,000
Market Cap
$33.87 billion
Optionable
Optionable
Beta
0.70

Social Links


Key Executives

  • Chris Kubasik
    Chairman & Chief Executive Officer
  • Byron Green
    Vice President-Global Operations
  • Michelle L. TurnerMichelle L. Turner
    Chief Financial Officer & Senior Vice President
  • Jacqueline Nevils
    Chief Information Officer & Vice President
  • Scott Theodore Mikuen
    Secretary, Senior VP & General Counsel













LHX Stock - Frequently Asked Questions

Should I buy or sell L3Harris Technologies stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for L3Harris Technologies in the last twelve months. There are currently 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LHX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LHX, but not buy additional shares or sell existing shares.
View LHX analyst ratings
or view top-rated stocks.

What is L3Harris Technologies' stock price forecast for 2023?

14 Wall Street research analysts have issued 12 month price objectives for L3Harris Technologies' shares. Their LHX share price forecasts range from $222.00 to $285.00. On average, they predict the company's share price to reach $250.00 in the next year. This suggests a possible upside of 39.9% from the stock's current price.
View analysts price targets for LHX
or view top-rated stocks among Wall Street analysts.

How have LHX shares performed in 2023?

L3Harris Technologies' stock was trading at $208.21 at the start of the year. Since then, LHX shares have decreased by 14.1% and is now trading at $178.76.
View the best growth stocks for 2023 here
.

Are investors shorting L3Harris Technologies?

L3Harris Technologies saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,830,000 shares, an increase of 5.2% from the April 15th total of 1,740,000 shares. Based on an average trading volume of 1,060,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.0% of the shares of the stock are short sold.
View L3Harris Technologies' Short Interest
.

When is L3Harris Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our LHX earnings forecast
.

How were L3Harris Technologies' earnings last quarter?

L3Harris Technologies, Inc. (NYSE:LHX) issued its quarterly earnings data on Thursday, April, 27th. The company reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.87 by $0.01. The company earned $4.47 billion during the quarter, compared to the consensus estimate of $4.26 billion. L3Harris Technologies had a net margin of 5.30% and a trailing twelve-month return on equity of 13.03%. L3Harris Technologies's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the company earned $3.12 earnings per share.
Read the conference call transcript
.

How often does L3Harris Technologies pay dividends? What is the dividend yield for L3Harris Technologies?

L3Harris Technologies announced a quarterly dividend on Friday, April 21st. Shareholders of record on Friday, June 2nd will be paid a dividend of $1.14 per share on Friday, June 16th. This represents a $4.56 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend is Thursday, June 1st.
Read our dividend analysis for LHX
.

Is L3Harris Technologies a good dividend stock?

L3Harris Technologies (NYSE:LHX) pays an annual dividend of $4.56 per share and currently has a dividend yield of 2.55%. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 95.20%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LHX will have a dividend payout ratio of 33.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LHX.

What guidance has L3Harris Technologies issued on next quarter's earnings?

L3Harris Technologies updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $12.00-$12.50 for the period, compared to the consensus earnings per share estimate of $11.16. The company issued revenue guidance of $17.40 billion-$17.80 billion, compared to the consensus revenue estimate of $16.12 billion.

What is Bill Brown's approval rating as L3Harris Technologies' CEO?

291 employees have rated L3Harris Technologies Chief Executive Officer Bill Brown on Glassdoor.com. Bill Brown has an approval rating of 60% among the company's employees. This puts Bill Brown in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of L3Harris Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other L3Harris Technologies investors own include NVIDIA (NVDA), Walt Disney (DIS), Visa (V), Home Depot (HD), AbbVie (ABBV), Walmart (WMT), Johnson & Johnson (JNJ), Salesforce (CRM), AT&T (T) and UnitedHealth Group (UNH).

What is L3Harris Technologies' stock symbol?

L3Harris Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "LHX."

Who are L3Harris Technologies' major shareholders?

L3Harris Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.18%), Price T Rowe Associates Inc. MD (5.04%), State Street Corp (4.59%), Wellington Management Group LLP (1.91%), Geode Capital Management LLC (1.88%) and FMR LLC (1.37%). Insiders that own company stock include Christopher E Kubasik, Dana A Mehnert, Edward J Zoiss, James P Girard, Lewis Kramer, Scott T Mikuen, Thomas A Corcoran, Thomas A Corcoran, Todd A Taylor, Todd W Gautier, William M Brown and William M Brown.
View institutional ownership trends
.

How do I buy shares of L3Harris Technologies?

Shares of LHX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is L3Harris Technologies' stock price today?

One share of LHX stock can currently be purchased for approximately $178.76.

How much money does L3Harris Technologies make?

L3Harris Technologies (NYSE:LHX) has a market capitalization of $33.87 billion and generates $17.06 billion in revenue each year. The company earns $1.06 billion in net income (profit) each year or $4.79 on an earnings per share basis.

How many employees does L3Harris Technologies have?

The company employs 46,000 workers across the globe.

Does L3Harris Technologies have any subsidiaries?
The following companies are subsidiares of L3Harris Technologies: 1231670 Ontario Inc, ASV Global LLC, Aastra Digital Video, AeroElite Limited, Aerosim Academy Inc, Aerosim Technologies Inc, Applied Defense Solutions Inc, Applied Kilovolts Limited, Asian Aviation Training Centre Ltd, Audio Broadcast Group Inc, Autonomous Surface Vehicles LLC, Autonomous Surface Vehicles Limited, Aviation Communication & Surveillance Systems LLC, Aydin Yazilim ve Elektronik Sanayi AS, Azimuth Security LLC, Azimuth Security Pty Ltd, Azimuth Security Trust, Beijing MAPPS-SERI Technology Company Ltd, CHOICE Microsystems Inc, CK Industrial Engineers Limited, CR MSA LLC, CTC Aviation Training (UK) Limited, Calzoni Srl, Carefx, Core180 Inc., Crucial Security, DMRAC-Aviation Corporation - SGPS Unipessoal LDA, Defence Investments Limited, EAA – Escola de Aviacao Aerocondor SA, EDO (UK) Ltd, EDO MBM Technology Ltd, EDO Western Corporation, EMC Srl, Eagle Technology LLC, ElectroDynamics Inc, Encoda Systems Holdings Inc, Exelis, Exelis Arctic Services, Exelis Australia Holdings Pty Ltd, Exelis Australia Pty Ltd, Exelis Holdings Inc, Exigent International Inc, Felec Services Inc, Flight Data Services Limited, ForceX Inc, G Air Advanced Training Lda, G Air II Maintenance Lda, G4U – Gestao de Activos Aeronauticos Sociedade Lda, Hamilton BioVentures LP, Harris Asia Pacific Sdn Bhd, Harris Atlas Systems LLC, Harris C4i Pty Ltd, Harris Canada Systems Inc, Harris CapRock Communications, Harris Cayman Ltd, Harris Communications (Australia) Pty Ltd, Harris Communications (Spain) S L, Harris Communications FZCO, Harris Communications GmbH, Harris Communications Limited, Harris Communications MH Spain S L, Harris Communications Malaysia Sdn Bhd, Harris Communications Pakistan (Private) Limited, Harris Communications Systems India Private Limited, Harris Comunicacoes e Participacoes do Brasil Ltda, Harris Defence Ltd, Harris Denmark ApS, Harris Denmark Holding ApS, Harris Geospatial Solutions BV, Harris Geospatial Solutions France SARL, Harris Geospatial Solutions GmbH, Harris Geospatial Solutions Inc, Harris Geospatial Solutions Italia SRL, Harris Geospatial Solutions KK, Harris Geospatial Solutions UK Limited, Harris Global Communications Inc, Harris Holdco LLC, Harris International Chile Limitada, Harris International Holdings LLC, Harris International Inc, Harris International Saudi Communications, Harris International Venezuela CA, Harris Luxembourg Sarl, Harris NV, Harris Orthogon GmbH, Harris Pension Management Limited, Harris Solid-State (Malaysia) Sdn Bhd, Harris Systems Limited, Hirschmann Multimedia Communications Networks, Honeywell TCAS Inc, ImageLinks Inc, Intraplex Inc, Jariet Technologies, L-3 Brasil Importacao Exportacao e Comércio Ltda, L-3 Communications, L-3 Communications Integrated Systems LP, L-3 Communications Investments Inc, L-3 Communications Korea Co Ltd, L-3 Communications Limited, L-3 Communications UK Ltd, L-3 Domestic Holdings Inc, L-3 Global Holding UK Ltd, L-3 International UK Ltd, L-3 Security Equipment Trading (Beijing) Co Ltd, L-3 Societa Srl, L-3 Technology & Services UK Ltd, L-Tres Comunicaciones Costa Rica SA, L3 Applied Technologies Inc, L3 Australia Group Pty Ltd, L3 Aviation Products Inc, L3 CTS Airline Academy (NZ) Limited, L3 CTS Airline and Academy Training Limited, L3 Cincinnati Electronics Corporation, L3 Commercial Training Solutions Limited, L3 Doss Aviation Inc, L3 ESSCO Inc, L3 Electron Devices Inc, L3 Foreign Holdings Inc, L3 Fuzing and Ordnance Systems Inc, L3 International Australia Pty Ltd, L3 Investments LLC, L3 Investments UK Holdings Ltd, L3 Kenya LTD, L3 Kigre Inc, L3 Latitude LLC, L3 MAPPS INC, L3 MAPPS Limited, L3 MAPPS Sdn Bhd, L3 Magnet-Motor GmbH, L3 Micreo Pty Limited, L3 Oceania Pty Limited, L3 Open Water Power Inc, L3 Security and Detection Systems Inc, L3 Technologies Australia Group Pty Ltd, L3 Technologies Canada Group Inc, L3 Technologies Canada Inc, L3 Technologies Inc, L3 Technologies Investments Limited, L3 Technologies MAS Inc, L3 Technologies UK Group Ltd, L3 Unidyne Inc, L3 Unmanned Systems Inc, L3 Westwood Corporation, L3Harris Technologies, Leitch Technology Corporation, Linchpin Labs Limited, Linchpin Labs Pty Limited, Louth Automation, MacDonald Humfrey (Automation) SEA PTE Ltd, MacDonald Humfrey Automation Middle East Control Systems LLC, Manatee Investment LLC, Manu Kai LLC, Melbourne Leasing LLC, Multimax Inc, Mustang Technology Group LP, Narda Safety Test Solutions Srl, NexGen Communications LLC, Northeast Broadcast Lab Inc, NovAtel Communications, Optimal Solutions Inc, Orkand Corporation, Pacific Research & Engineering Corporation, Patriot Technologies, Peak Nano Optics LLC, Power Paragon Inc, Riptide Autonomous Solutions LLC, SARL Assured Communications, SC Harris Assured Communications SRL, SPD Electrical Systems Inc, SignaCert, Sovcan Star Satellite Communications Inc, Sunshine General Services LLC, Tyco Electronics Wireless, Tyco Electronics Wireless Systems, Wavtrace Inc, Wescam USA Inc, and Zandar Technologies.
Read More
How can I contact L3Harris Technologies?

L3Harris Technologies' mailing address is 1025 W NASA BLVD, MELBOURNE FL, 32919. The official website for the company is www.harris.com. The company can be reached via phone at (321) 727-9100, via email at anurag.maheshwari@harris.com, or via fax at 321-724-3973.

This page (NYSE:LHX) was last updated on 5/28/2023 by MarketBeat.com Staff

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