NYSE:LHX

L3Harris Technologies Stock Forecast, Price & News

$221.19
-2.11 (-0.94 %)
(As of 06/14/2021 01:52 PM ET)
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Today's Range
$220.80
$223.30
50-Day Range
$205.01
$223.30
52-Week Range
$158.09
$223.87
Volume12,891 shs
Average Volume1.19 million shs
Market Capitalization$45.34 billion
P/E Ratio34.35
Dividend Yield1.83%
Beta0.87
30 days | 90 days | 365 days | Advanced Chart
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About L3Harris Technologies

L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modifications, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates maritime integrated command, control, communications, computers, and cyber ISR systems for maritime platforms; unmanned surface and undersea autonomous solutions; power and ship control systems; and other electronic and electrical products and systems, as well as designs and manufactures electro-optical and infrared sensors and surveillance, and targeting systems. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides tactical radio communications, SATCOM terminals, and battlefield management networks; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, as well as ground stations and transportable tactical SATCOM systems; helmet and weapon mounted integrated night vision systems; and radios, systems applications, and equipment for public safety and professional communications. Its Aviation Systems segment offers defense aviation products; commercial aviation products; commercial and military training solutions; and mission networks solutions for air traffic management. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.

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MarketRank

Overall MarketRank

2.25 out of 5 stars

Aerospace Sector

5th out of 77 stocks

Search & Navigation Equipment Industry

2nd out of 14 stocks

Analyst Opinion: 2.3Community Rank: 2.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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L3Harris Technologies (NYSE:LHX) Frequently Asked Questions

Is L3Harris Technologies a buy right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for L3Harris Technologies in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" L3Harris Technologies stock.
View analyst ratings for L3Harris Technologies
or view top-rated stocks.

What stocks does MarketBeat like better than L3Harris Technologies?

Wall Street analysts have given L3Harris Technologies a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but L3Harris Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting L3Harris Technologies?

L3Harris Technologies saw a decline in short interest in the month of May. As of May 28th, there was short interest totaling 2,050,000 shares, a decline of 13.9% from the May 13th total of 2,380,000 shares. Based on an average daily volume of 1,070,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.0% of the shares of the company are short sold.
View L3Harris Technologies' Short Interest
.

When is L3Harris Technologies' next earnings date?

L3Harris Technologies is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for L3Harris Technologies
.

How were L3Harris Technologies' earnings last quarter?

L3Harris Technologies, Inc. (NYSE:LHX) issued its quarterly earnings results on Friday, April, 30th. The company reported $3.18 EPS for the quarter, beating the consensus estimate of $2.92 by $0.26. The business earned $4.57 billion during the quarter, compared to analysts' expectations of $4.62 billion. L3Harris Technologies had a trailing twelve-month return on equity of 12.01% and a net margin of 7.55%. L3Harris Technologies's revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.80 EPS.
View L3Harris Technologies' earnings history
.

How has L3Harris Technologies' stock been impacted by Coronavirus?

L3Harris Technologies' stock was trading at $188.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LHX stock has increased by 17.4% and is now trading at $221.22.
View which stocks have been most impacted by COVID-19
.

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

L3Harris Technologies announced a quarterly dividend on Monday, April 26th. Shareholders of record on Tuesday, June 1st will be given a dividend of $1.02 per share on Tuesday, June 15th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Friday, May 28th.
View L3Harris Technologies' dividend history
.

Is L3Harris Technologies a good dividend stock?

L3Harris Technologies pays an annual dividend of $4.08 per share and currently has a dividend yield of 1.83%. L3Harris Technologies does not yet have a strong track record of dividend growth. The dividend payout ratio of L3Harris Technologies is 35.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, L3Harris Technologies will have a dividend payout ratio of 28.27% next year. This indicates that L3Harris Technologies will be able to sustain or increase its dividend.
View L3Harris Technologies' dividend history.

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

L3Harris Technologies issued an update on its FY 2021 earnings guidance on Friday, May, 7th. The company provided EPS guidance of 12.700-13.000 for the period, compared to the Thomson Reuters consensus EPS estimate of $12.930. The company issued revenue guidance of $18.50 billion-$18.90 billion, compared to the consensus revenue estimate of $18.80 billion.

What price target have analysts set for LHX?

14 equities research analysts have issued 1-year price targets for L3Harris Technologies' stock. Their forecasts range from $199.00 to $258.00. On average, they anticipate L3Harris Technologies' stock price to reach $226.23 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price.
View analysts' price targets for L3Harris Technologies
or view top-rated stocks among Wall Street analysts.

Who are L3Harris Technologies' key executives?

L3Harris Technologies' management team includes the following people:
  • Mr. William M. Brown, Exec. Chairman & CEO (Age 58, Pay $4.66M) (LinkedIn Profile)
  • Mr. Christopher E. Kubasik CPA, CPA, Vice Chairman, Pres & COO (Age 60, Pay $6.85M)
  • Mr. Jesus Malave Jr., Sr. VP & CFO (Age 52, Pay $1.51M) (LinkedIn Profile)
  • Mr. Edward J. Zoiss, Pres of Space & Airborne Systems (Age 56, Pay $1.42M) (LinkedIn Profile)
  • Mr. Todd W. Gautier, Pres of Aviation Systems (Age 57, Pay $1.78M)
  • Mr. Todd A. Taylor, VP & Principal Accounting Officer (Age 48) (LinkedIn Profile)
  • Mr. Ross Niebergall, VP & CTO (LinkedIn Profile)
  • Ms. Jacqueline Nevils, VP & Chief Information Officer
  • Mr. Anurag Maheshwari, VP of Investor Relations
  • Mr. Scott T. Mikuen, Sr. VP, Gen. Counsel & Sec. (Age 59)

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

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

Who are some of L3Harris Technologies' key competitors?

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), The Walt Disney (DIS), Visa (V), The Home Depot (HD), AbbVie (ABBV), Walmart (WMT), Johnson & Johnson (JNJ), salesforce.com (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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.84%), Capital International Investors (4.20%), Janus Henderson Group PLC (3.86%), Price T Rowe Associates Inc. MD (1.76%), Clearbridge Investments LLC (1.65%) and Geode Capital Management LLC (1.46%). Company insiders that own L3Harris Technologies stock include Dana A Mehnert, Edward J Zoiss, Lewis Hay III, Lewis Kramer, Roger Fradin, Scott T Mikuen, Thomas A Corcoran, Thomas A Dattilo, Todd A Taylor, Todd W Gautier and William M Brown.
View institutional ownership trends for L3Harris Technologies
.

Which major investors are selling L3Harris Technologies stock?

LHX stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., Alliancebernstein L.P., Neuberger Berman Group LLC, Janus Henderson Group PLC, Ensign Peak Advisors Inc, Arrowstreet Capital Limited Partnership, and The PNC Financial Services Group Inc.. Company insiders that have sold L3Harris Technologies company stock in the last year include Dana A Mehnert, Todd A Taylor, and William M Brown.
View insider buying and selling activity for L3Harris Technologies
or view top insider-selling stocks.

Which major investors are buying L3Harris Technologies stock?

LHX stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Yacktman Asset Management LP, Mondrian Investment Partners LTD, Pendal Group Limited, Focused Investors LLC, NFJ Investment Group LLC, Wedge Capital Management L L P NC, and Mariner LLC. Company insiders that have bought L3Harris Technologies stock in the last two years include Lewis Hay III, Roger Fradin, and Thomas A Dattilo.
View insider buying and selling activity for L3Harris Technologies
or or view top insider-buying stocks.

How do I buy shares of L3Harris Technologies?

Shares of LHX 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 $221.22.

How much money does L3Harris Technologies make?

L3Harris Technologies has a market capitalization of $45.35 billion and generates $18.19 billion in revenue each year. The company earns $1.12 billion in net income (profit) each year or $11.60 on an earnings per share basis.

How many employees does L3Harris Technologies have?

L3Harris Technologies employs 48,000 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.

When was L3Harris Technologies founded?

L3Harris Technologies was founded in 1895.

What is L3Harris Technologies' official website?

The official website for L3Harris Technologies is www.harris.com.

Where are L3Harris Technologies' headquarters?

L3Harris Technologies is headquartered at 1025 W NASA BLVD, MELBOURNE FL, 32919.

How can I contact L3Harris Technologies?

L3Harris Technologies' mailing address is 1025 W NASA BLVD, MELBOURNE FL, 32919. The company can be reached via phone at (321) 727-9100 or via email at [email protected]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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