NYSE:RTN - Raytheon Stock Price, Forecast & News

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 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Tuesday, January 7th. View Raytheon's Dividend History.

Raytheon (NYSE:RTN) issued its quarterly earnings data on Thursday, October, 24th. The aerospace company reported $3.08 earnings per share for the quarter, topping the 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% on a year-over-year basis. During the same period in the prior year, the business posted $2.25 EPS. 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 earnings per share 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.

16 analysts have issued 1-year price objectives for Raytheon's stock. Their forecasts range from $187.00 to $265.00. On average, they anticipate 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.

Media headlines about RTN stock have trended positive recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog 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 3.0 on InfoTrie's scale. They also gave news 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 effect on the stock's share price in the near future. View News Stories for Raytheon.

Raytheon saw a increase in short interest in 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 company's 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), 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 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 a variety of of institutional and retail investors. Top institutional investors 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 bought 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 $217.92.

Raytheon has a market capitalization of $60.69 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]