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L3Harris Stock Price, News & Analysis (NYSE:LHX)

$198.08
-2.86 (-1.42 %)
(As of 10/20/2019 02:02 AM ET)
Today's Range
$195.51
Now: $198.08
$201.67
50-Day Range
$197.43
MA: $209.75
$216.27
52-Week Range
$123.24
Now: $198.08
$217.31
Volume2.00 million shs
Average Volume1.35 million shs
Market Capitalization$44.09 billion
P/E Ratio23.89
Dividend Yield1.49%
Beta0.92
L3Harris Technologies, Inc. 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. 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.

Industry, Sector and Symbol

Industry Search & navigation equipment
Sub-IndustryN/A
SectorAerospace
CUSIPN/A
CIKN/A
Phone321-727-9100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.80 billion
Cash Flow$9.47 per share
Book Value$29.00 per share

Profitability

Net Income$225 million

Miscellaneous

Employees18,200
Market Cap$44.09 billion
Next Earnings Date10/30/2019 (Confirmed)
OptionableOptionable

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L3Harris (NYSE:LHX) Frequently Asked Questions

What is L3Harris' stock symbol?

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

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

L3Harris announced a quarterly dividend on Tuesday, August 20th. Investors of record on Wednesday, September 4th will be paid a dividend of $0.75 per share on Wednesday, September 18th. This represents a $3.00 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Tuesday, September 3rd. View L3Harris' Dividend History.

How were L3Harris' earnings last quarter?

L3Harris (NYSE:LHX) posted its quarterly earnings results on Wednesday, July, 31st. The company reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.30 by $0.14. The business earned $1.87 billion during the quarter, compared to analyst estimates of $4.31 billion. L3Harris had a net margin of 13.95% and a return on equity of 29.39%. The business's revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.78 earnings per share. View L3Harris' Earnings History.

When is L3Harris' next earnings date?

L3Harris is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for L3Harris.

How can I listen to L3Harris' earnings call?

L3Harris will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

L3Harris issued an update on its FY 2019 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of $9.60-9.70 for the period. The company issued revenue guidance of $18-18.1 billion.

What price target have analysts set for LHX?

10 brokerages have issued 1-year price objectives for L3Harris' shares. Their forecasts range from $204.70 to $270.00. On average, they anticipate L3Harris' share price to reach $237.37 in the next year. This suggests a possible upside of 19.8% from the stock's current price. View Analyst Price Targets for L3Harris.

What is the consensus analysts' recommendation for L3Harris?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for L3Harris in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for L3Harris.

Has L3Harris been receiving favorable news coverage?

News articles about LHX stock have been trending somewhat positive this week, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. L3Harris earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for L3Harris.

Are investors shorting L3Harris?

L3Harris saw a increase in short interest in September. As of September 15th, there was short interest totalling 1,920,000 shares, an increase of 29.7% from the August 15th total of 1,480,000 shares. Based on an average trading volume of 1,630,000 shares, the short-interest ratio is currently 1.2 days. Currently, 0.9% of the company's shares are sold short. View L3Harris' Current Options Chain.

Who are some of L3Harris' key competitors?

What other stocks do shareholders of L3Harris own?

Based on aggregate information from My MarketBeat watchlists, some companies that other L3Harris investors own include Paypal (PYPL), Visa (V), Walt Disney (DIS), salesforce.com (CRM), Mastercard (MA), NVIDIA (NVDA), Boeing (BA), Adobe (ADBE), Starbucks (SBUX) and Twilio (TWLO).

Who are L3Harris' key executives?

L3Harris' management team includes the folowing people:
  • Mr. William M. Brown, Chairman & CEO (Age 56)
  • Mr. Scott T. Mikuen, Sr. VP, Gen. Counsel & Sec. (Age 57)
  • Mr. Dana A. Mehnert, Pres of Communication Systems (Age 57)
  • Mr. Rahul Ghai, Exec. Officer (Age 47)
  • Mr. Christopher E. Kubasik CPA, CPA, Vice Chairman, Pres & COO (Age 58)

Who are L3Harris' major shareholders?

L3Harris' stock is owned by many different of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.11%), Stephens Investment Management Group LLC (0.10%), Envestnet Asset Management Inc. (0.07%), State of Alaska Department of Revenue (0.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.03%) and Robeco Institutional Asset Management B.V. (0.03%). Company insiders that own L3Harris stock include Dana A Mehnert, Lewis Hay III, Scott T Mikuen, Thomas A Corcoran, Thomas A Dattilo, Todd W Gautier and William M Brown. View Institutional Ownership Trends for L3Harris.

Which institutional investors are selling L3Harris stock?

LHX stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Tower View Investment Management & Research LLC and Financial Gravity Wealth Inc.. Company insiders that have sold L3Harris company stock in the last year include Dana A Mehnert, Scott T Mikuen, Thomas A Corcoran, Todd W Gautier and William M Brown. View Insider Buying and Selling for L3Harris.

Which institutional investors are buying L3Harris stock?

LHX stock was bought by a variety of institutional investors in the last quarter, including Stephens Investment Management Group LLC, Envestnet Asset Management Inc., State of Alaska Department of Revenue, Zurcher Kantonalbank Zurich Cantonalbank , Robeco Institutional Asset Management B.V., CIBC Private Wealth Group LLC, M. Kraus & Co and Palisade Asset Management LLC. Company insiders that have bought L3Harris stock in the last two years include Lewis Hay III and Thomas A Dattilo. View Insider Buying and Selling for L3Harris.

How do I buy shares of L3Harris?

Shares of LHX 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, Robinhood, Fidelity and Charles Schwab.

What is L3Harris' stock price today?

One share of LHX stock can currently be purchased for approximately $198.08.

How big of a company is L3Harris?

L3Harris has a market capitalization of $44.09 billion and generates $6.80 billion in revenue each year. The company earns $225 million in net income (profit) each year or $8.29 on an earnings per share basis. L3Harris employs 18,200 workers across the globe.View Additional Information About L3Harris.

What is L3Harris' official website?

The official website for L3Harris is http://www.harris.com/.

How can I contact L3Harris?

L3Harris' 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]


MarketBeat Community Rating for L3Harris (NYSE LHX)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  30 (Thanks for Voting!)
Underperform Votes:  29 (Thanks for Voting!)
Total Votes:  59
MarketBeat's community ratings are surveys of what our community members think about L3Harris and other stocks. Vote "Outperform" if you believe LHX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LHX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/20/2019 by MarketBeat.com Staff

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