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

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

Raytheon declared a quarterly dividend on Thursday, September 26th. Stockholders of record on Wednesday, October 9th will be paid a dividend of $0.9425 per share on Thursday, November 7th. This represents a $3.77 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Tuesday, October 8th. View Raytheon's Dividend History.

Raytheon declared that its Board of Directors has approved a stock repurchase program on Thursday, November 16th 2017, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

Raytheon (NYSE:RTN) posted its quarterly earnings data on Thursday, October, 24th. The aerospace company reported $3.08 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.86 by $0.22. The aerospace company had revenue of $7.45 billion for 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 business's quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the company earned $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 earnings per share 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 price targets for Raytheon's shares. Their forecasts range from $187.00 to $265.00. On average, they expect Raytheon's stock price to reach $218.71 in the next twelve months. This suggests a possible upside of 1.3% 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 4 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Raytheon.

News headlines about RTN stock have trended very negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Raytheon earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave media headlines about the aerospace company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Raytheon.

Raytheon saw a increase in short interest in September. As of September 30th, there was short interest totalling 4,650,000 shares, an increase of 7.9% from the August 30th total of 4,310,000 shares. Based on an average daily trading volume, of 1,740,000 shares, the short-interest ratio is presently 2.7 days. Currently, 1.7% of the company's 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), Rockwell Collins (COL), Spirit AeroSystems (SPR), 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 JPMorgan Chase & Co. (JPM).

Raytheon's stock is owned by many different of institutional and retail 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, 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 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 $216.00.

Raytheon has a market capitalization of $60.15 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]