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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:LHX

L3Harris Technologies Stock Forecast, Price & News

$243.24
+1.54 (+0.64%)
(As of 07/1/2022 03:59 PM ET)
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Today's Range
$238.58
$244.64
50-Day Range
$221.57
$246.39
52-Week Range
$200.71
$279.71
Volume
15,127 shs
Average Volume
795,850 shs
Market Capitalization
$46.92 billion
P/E Ratio
26.15
Dividend Yield
1.84%
Price Target
$265.09

L3Harris Technologies MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
9.0% Upside
$265.09 Price Target
Short Interest
Healthy
2.04% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.93
Upright™ Environmental Score
News Sentiment
0.96mentions of L3Harris Technologies in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.60%
From $13.60 to $14.77 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.79 out of 5 stars

Aerospace Sector

25th out of 65 stocks

Search & Navigation Equipment Industry

6th out of 12 stocks

30 days | 90 days | 365 days | Advanced Chart

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L3Harris Technologies logo

About L3Harris Technologies (NYSE:LHX) Stock

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, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and ship control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. 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 communications; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, ground stations, and transportable tactical satellite communication (SATCOM) systems for use in manned aircraft, unmanned aerial vehicles, and naval ships; and helmet and weapon mounted integrated night vision systems. This segment also offers radios, systems applications, and equipment for critical public safety and professional communications; and SATCOM terminals and battlefield management networks. Its Aviation Systems segment offers defense aviation products; commercial pilot training; 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.

LHX Stock News Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Search & navigation equipment
Sub-Industry
N/A
Sector
Aerospace
Employees
47,000
Year Founded
1895

Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 6/17 Dividend
6/02/2022
Dividend Payable
6/17/2022
Today
7/05/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$265.09
High Stock Price Forecast
$300.00
Low Stock Price Forecast
$207.00
Forecasted Upside/Downside
+9.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.6
Research Coverage
10 Analysts

Profitability

Net Income
$1.85 billion
Pretax Margin
13.21%

Debt

Sales & Book Value

Annual Sales
$17.81 billion
Cash Flow
$18.36 per share
Book Value
$98.45 per share

Miscellaneous

Free Float
190,946,000
Market Cap
$46.92 billion
Optionable
Optionable
Beta
0.72

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L3Harris Technologies Frequently Asked Questions

Should I buy or sell L3Harris Technologies stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for L3Harris Technologies in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" L3Harris Technologies stock.
View analyst ratings for L3Harris Technologies
or view top-rated stocks.

What is L3Harris Technologies' stock price forecast for 2022?

10 Wall Street analysts have issued twelve-month price targets for L3Harris Technologies' shares. Their LHX stock forecasts range from $207.00 to $300.00. On average, they expect L3Harris Technologies' stock price to reach $265.09 in the next twelve months. This suggests a possible upside of 9.0% from the stock's current price.
View analysts' price targets for L3Harris Technologies
or view top-rated stocks among Wall Street analysts.

How has L3Harris Technologies' stock price performed in 2022?

L3Harris Technologies' stock was trading at $213.24 at the start of the year. Since then, LHX stock has increased by 14.1% and is now trading at $243.24.
View the best growth stocks for 2022 here
.

When is L3Harris Technologies' next earnings date?

L3Harris Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for L3Harris Technologies
.

How were L3Harris Technologies' earnings last quarter?

L3Harris Technologies, Inc. (NYSE:LHX) announced its earnings results on Thursday, April, 28th. The company reported $3.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.02 by $0.10. The firm had revenue of $4.10 billion for the quarter, compared to analysts' expectations of $4.13 billion. L3Harris Technologies had a trailing twelve-month return on equity of 13.18% and a net margin of 10.68%. The company's revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the prior year, the business posted $3.18 earnings per share.
View L3Harris Technologies' earnings history
.

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

L3Harris Technologies announced a quarterly dividend on Friday, April 22nd. Investors of record on Friday, June 3rd will be given a dividend of $1.12 per share on Friday, June 17th. This represents a $4.48 annualized dividend and a yield of 1.84%. The ex-dividend date is Thursday, June 2nd.
View L3Harris Technologies' dividend history
.

Is L3Harris Technologies a good dividend stock?

L3Harris Technologies(NYSE:LHX) pays an annual dividend of $4.48 per share and currently has a dividend yield of 1.84%. L3Harris Technologies 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 of L3Harris Technologies is 48.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, L3Harris Technologies will have a dividend payout ratio of 30.33% 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 updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $13.35-$13.65 for the period, compared to the consensus estimate of $12.79. The company issued revenue guidance of $17.30 billion-$17.70 billion, compared to the consensus revenue estimate of $16.49 billion.

Who are L3Harris Technologies' key executives?

L3Harris Technologies' management team includes the following people:
  • Mr. William M. Brown, Exec. Chairman (Age 59, Pay $4.67M) (LinkedIn Profile)
  • Mr. Christopher E. Kubasik CPA, CPA, Vice Chairman & CEO (Age 61, Pay $4.66M)
  • Mr. Edward J. Zoiss, Pres of Space & Airborne Systems (Age 57, Pay $1.36M) (LinkedIn Profile)
  • Mr. Sean J. Stackley, Pres of Integrated Mission Systems (Age 64, Pay $1.45M)
  • Ms. Michelle L. Turner, Sr. VP & CFO (Age 48)
  • Mr. Byron M. Green, VP of Global Operations
  • Arthur Lim, VP of Investments & Treasury
  • Ms. Corliss J. Montesi, VP & Principal Accounting Officer (Age 58)
  • Dr. Ross Niebergall, VP & CTO
  • Ms. Jacqueline Nevils, VP & Chief Information Officer

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.

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."

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 $243.24.

How much money does L3Harris Technologies make?

L3Harris Technologies (NYSE:LHX) has a market capitalization of $46.92 billion and generates $17.81 billion in revenue each year. The company earns $1.85 billion in net income (profit) each year or $9.30 on an earnings per share basis.

How many employees does L3Harris Technologies have?

L3Harris Technologies employs 47,000 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

When was L3Harris Technologies founded?

L3Harris Technologies was founded in 1895.

How can I contact L3Harris Technologies?

L3Harris Technologies' mailing address is 1025 W NASA BLVD, MELBOURNE FL, 32919. The official website for L3Harris Technologies 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 7/5/2022 by MarketBeat.com Staff

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