Raytheon Stock Price, Forecast & Analysis (NYSE:RTN)

Raytheon trades on the New York Stock Exchange (NYSE) under the ticker symbol "RTN."

Raytheon announced a quarterly dividend on Wednesday, November 13th. Stockholders of record on Wednesday, January 8th will be paid a dividend of $0.9425 per share on Thursday, January 30th. This represents a $3.77 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Tuesday, January 7th. View Raytheon's Dividend History.

Raytheon (NYSE:RTN) released its quarterly earnings results on Thursday, October, 24th. The aerospace company reported $3.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.86 by $0.22. The aerospace company earned $7.45 billion during the quarter, compared to analyst estimates of $7.29 billion. Raytheon had a return on equity of 27.23% and a net margin of 11.47%. The firm's quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm posted $2.25 earnings per share. View Raytheon's Earnings History.

Raytheon is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Raytheon.

Raytheon updated its FY19 earnings guidance on Thursday, October, 24th. The company provided EPS guidance of $11.70-11.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $11.75. The company issued revenue guidance of $29.1-29.4 billion, compared to the consensus revenue estimate of $29.07 billion.

17 analysts have issued 1 year target prices for Raytheon's stock. Their forecasts range from $187.00 to $265.00. On average, they expect Raytheon's stock price to reach $218.56 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View Analyst Price Targets for Raytheon.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Raytheon in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Raytheon.

News stories about RTN stock have been trending somewhat negative this week, InfoTrie reports. The research firm rates the sentiment of media coverage by monitoring 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 five, with scores closest to five being the most favorable. Raytheon earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned press coverage about the aerospace company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Raytheon.

Raytheon saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 4,970,000 shares, an increase of 10.0% from the September 30th total of 4,520,000 shares. Based on an average daily volume of 1,660,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 1.8% of the shares of the stock are short sold. View Raytheon's Current Options Chain.

Some companies that are related to Raytheon include Boeing (BA), Honeywell International (HON), United Technologies (UTX), Lockheed Martin (LMT), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Spirit AeroSystems (SPR), Rockwell Collins (COL), Hexcel (HXL) and Curtiss-Wright (CW).

Based on aggregate information from My MarketBeat watchlists, some companies that other Raytheon investors own include Boeing (BA), NVIDIA (NVDA), Lockheed Martin (LMT), Alibaba Group (BABA), Home Depot (HD), Johnson & Johnson (JNJ), AT&T (T), Cisco Systems (CSCO), Intel (INTC) and Walt Disney (DIS).

Raytheon's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.43%), CIBC Private Wealth Group LLC (0.33%), California Public Employees Retirement System (0.26%), Public Employees Retirement Association of Colorado (0.20%), Rhumbline Advisers (0.19%) and Vaughan Nelson Investment Management L.P. (0.17%). Company insiders that own Raytheon stock include Anthony F O'brien, Dinesh C Paliwal, Frank R Jimenez, Letitia A Long, Michael J Wood, Randa G Newsome, Rebecca R Rhoads, Stephen J Hadley, Taylor W Lawrence, Thomas A Kennedy, Tracy A Atkinson, Vernon E Clark and Wesley D Kremer. View Institutional Ownership Trends for Raytheon.

RTN stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, First Trust Advisors LP, CIBC Private Wealth Group LLC, State of New Jersey Common Pension Fund D, Russell Investments Group Ltd., Bradley Foster & Sargent Inc. CT, Harel Insurance Investments & Financial Services Ltd. and Icon Advisers Inc. Co.. Company insiders that have sold Raytheon company stock in the last year include Anthony F O'brien, Frank R Jimenez, Michael J Wood, Randa G Newsome, Stephen J Hadley, Tracy A Atkinson and Wesley D Kremer. View Insider Buying and Selling for Raytheon.

RTN stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Assenagon Asset Management S.A., California Public Employees Retirement System, Public Employees Retirement Association of Colorado, Virginia Retirement Systems ET AL, Connors Investor Services Inc., CWM LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Raytheon.

Shares of RTN 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.

One share of RTN stock can currently be purchased for approximately $217.07.

Raytheon has a market capitalization of $60.45 billion and generates $27.06 billion in revenue each year. The aerospace company earns $2.91 billion in net income (profit) each year or $10.61 on an earnings per share basis. Raytheon employs 67,000 workers across the globe.View Additional Information About Raytheon.

The official website for Raytheon is http://www.raytheon.com/.

Raytheon's mailing address is 870 WINTER STREET, WALTHAM MA, 02451. The aerospace company can be reached via phone at 781-522-3000 or via email at [email protected]