NYSE:RTN - Raytheon Stock Price, Forecast & News

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

Raytheon declared a quarterly dividend on Wednesday, November 13th. Stockholders of record on Wednesday, January 8th will be given a dividend of $0.9425 per share on Thursday, January 30th. This represents a $3.77 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Tuesday, January 7th. View Raytheon's Dividend History.

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 net margin of 11.47% and a return on equity of 27.23%. Raytheon's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the previous year, the business 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 issued an update on 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 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.

16 brokers have issued 12 month target prices for Raytheon's shares. Their forecasts range from $187.00 to $265.00. On average, they expect Raytheon's share price to reach $218.56 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Price Targets for Raytheon.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Raytheon in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Raytheon.

News headlines about RTN stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group scores 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 positive five, with scores nearest to five being the most favorable. Raytheon earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned media stories about the aerospace company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Raytheon.

Raytheon saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 6,410,000 shares, an increase of 9.2% from the November 14th total of 5,870,000 shares. Based on an average daily trading volume, of 1,560,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 2.3% 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), United Technologies (UTX), Honeywell International (HON), Lockheed Martin (LMT), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Teledyne Technologies (TDY), Huntington Ingalls Industries (HII), Textron (TXT), 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 NVIDIA (NVDA), Boeing (BA), 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 many different of retail and institutional investors. Top institutional shareholders include State Street Corp (4.19%), Parametric Portfolio Associates LLC (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.43%), CIBC Private Wealth Group LLC (0.33%), Schafer Cullen Capital Management Inc (0.28%) and California Public Employees Retirement System (0.26%). 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, State Street Corp, Point72 Asset Management L.P., Squarepoint Ops LLC, CIBC Private Wealth Group LLC, State of New Jersey Common Pension Fund D and Russell Investments Group Ltd.. 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 acquired by a variety of institutional investors in the last quarter, including PointState Capital LP, Millennium Management LLC, SG Americas Securities LLC, Man Group plc, Assenagon Asset Management S.A., California Public Employees Retirement System, Public Employees Retirement Association of Colorado and Virginia Retirement Systems ET AL. 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 $217.82.

Raytheon has a market capitalization of $60.66 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]