Raytheon Company Company Profile (NYSE:RTN)

About Raytheon Company (NYSE:RTN)

Raytheon Company logoRaytheon Company is a technology company, which specializes in defense and other government markets. The Company develops integrated products, services and solutions in various markets, including sensing; effects; command, control, communications, computers, cyber and intelligence; mission support, and cybersecurity. The Company operates through five segments: Integrated Defense Systems (IDS); Intelligence, Information and Services (IIS); Missile Systems (MS); Space and Airborne Systems (SAS), and Forcepoint. The IDS segment develops and produces sensors and mission systems. The IIS segment provides a range of technical and professional services to intelligence, defense, federal and commercial customers. The MS segment is a developer, integrator and producer of missile and combat systems. The SAS segment is engaged in the design, development and manufacture of integrated sensor and communication systems for missions. The Forcepoint segment develops cybersecurity products.

Industry, Sector and Symbol:
  • Sector: Aerospace
  • Industry: Aerospace & Defense
  • Sub-Industry: Aerospace & Defense
  • Symbol: NYSE:RTN
  • CUSIP: 75511150
  • Web: www.raytheon.com
  • Market Cap: $54.82803 billion
  • Outstanding Shares: 290,248,000
Average Prices:
  • 50 Day Moving Avg: $185.16
  • 200 Day Moving Avg: $169.64
  • 52 Week Range: $132.89 - $189.64
  • Trailing P/E Ratio: 26.09
  • Foreward P/E Ratio: 22.30
  • P/E Growth: 2.59
Sales & Book Value:
  • Annual Revenue: $24.52 billion
  • Price / Sales: 2.24
  • Book Value: $37.28 per share
  • Price / Book: 5.07
  • Annual Dividend: $3.19
  • Dividend Yield: 1.7%
  • EBITDA: $3.71 billion
  • Net Margins: 8.68%
  • Return on Equity: 20.74%
  • Return on Assets: 7.24%
  • Debt-to-Equity Ratio: 0.44%
  • Current Ratio: 1.66%
  • Quick Ratio: 1.57%
  • Average Volume: 1.30 million shs.
  • Beta: 0.59

Frequently Asked Questions for Raytheon Company (NYSE:RTN)

What is Raytheon Company's stock symbol?

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

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

Raytheon Company announced a quarterly dividend on Thursday, September 28th. Shareholders of record on Thursday, October 12th will be paid a dividend of $0.7975 per share on Thursday, November 9th. This represents a $3.19 annualized dividend and a yield of 1.69%. The ex-dividend date is Wednesday, October 11th. View Raytheon Company's Dividend History.

How were Raytheon Company's earnings last quarter?

Raytheon Company (NYSE:RTN) released its earnings results on Thursday, July, 27th. The company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.74 by $0.15. The company earned $6.28 billion during the quarter, compared to analysts' expectations of $6.24 billion. Raytheon Company had a return on equity of 20.74% and a net margin of 8.68%. The company's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the business posted $2.38 EPS. View Raytheon Company's Earnings History.

When will Raytheon Company make its next earnings announcement?

Raytheon Company is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Raytheon Company.

What guidance has Raytheon Company issued on next quarter's earnings?

Raytheon Company issued an update on its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $7.35-7.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.49. The company issued revenue guidance of $25.1-25.6 billion, compared to the consensus revenue estimate of $25.18 billion.

Where is Raytheon Company's stock going? Where will Raytheon Company's stock price be in 2017?

15 brokerages have issued 12-month price objectives for Raytheon Company's shares. Their predictions range from $154.00 to $215.00. On average, they anticipate Raytheon Company's share price to reach $193.79 in the next twelve months. View Analyst Ratings for Raytheon Company.

What are analysts saying about Raytheon Company stock?

Here are some recent quotes from research analysts about Raytheon Company stock:

  • 1. According to Zacks Investment Research, "Raytheon is one of the best-positioned large-cap defense players due to its non-platform-centric focus. Thanks to its wide range of combat-proven defense products, the company continues to receive scrumptious orders from both Pentagon as well as foreign allies of the nation. In particular, its Patriot missile-defense systems have been seeing increased number of buyers, lately. Moreover, the company is a strong cash generator, which allows it to pay attractive dividend per share to its shareholders. On the flip side, factors like tough competition, budget deficits and political uncertainty continue to be major headwinds for Raytheon. Also, the company underperformed its broader industry in past one year." (9/26/2017)
  • 2. Cowen and Company analysts commented, "RTN’s dinner last night suggested it’s doing well on domestic captures and has." (8/10/2017)
  • 3. Jefferies Group LLC analysts commented, "RTN has a portfolio of electronics and services that is well positioned to help the U.S. and its allies combat threats that range from Cyber warfare to attack from ballistic missiles. Program bookings, as outlined in this note highlight the opportunities ahead. Our 2017 to 2019 estimates are unchanged at $7.40, $8.20, and $9.00. We revise 2015 and 2016 results for ASU 2014-09." (3/20/2017)

Who are some of Raytheon Company's key competitors?

Who are Raytheon Company's key executives?

Raytheon Company's management team includes the folowing people:

  • Thomas A. Kennedy, Chairman of the Board, Chief Executive Officer
  • Anthony F. O'Brien, Chief Financial Officer, Vice President
  • Michael J. Wood, Chief Accounting Officer, Vice President, Controller
  • Frank R. Jimenez, Vice President, General Counsel, Corporate Secretary
  • Randa G. Newsome, Vice President - Human Resources & Global Security
  • Ralph Acaba, Vice President - Raytheon Program Management Excellence
  • Wesley D. Kremer, Vice President, President, Integrated Defense Systems
  • Taylor W. Lawrence Ph.D., Vice President of Raytheon Company and President - The Missiles Systems (MS) business unit
  • Rebecca R. Rhoads, Vice President - Raytheon Company and President - Global Business Services (GBS)
  • Richard R. Yuse, Vice President - Raytheon Company and President of the Space and Airborne Systems (SAS)

Who owns Raytheon Company stock?

Raytheon Company's stock is owned by many different of retail and institutional investors. Top institutional shareholders include APG Asset Management N.V. (0.49%), Sanders Capital LLC (0.38%), Robeco Institutional Asset Management B.V. (0.12%), Sit Investment Associates Inc. (0.07%), Barometer Capital Management Inc. (0.07%) and State Treasurer State of Michigan (0.03%). Company insiders that own Raytheon Company stock include Anthony F O'brien, David C Wajsgras, Frank R Jimenez, Michael J Wood, Richard R Yuse, Robert E Beauchamp, Taylor W Lawrence, Thomas A Kennedy, Vernon E Clark and Wesley D Kremer. View Institutional Ownership Trends for Raytheon Company.

Who sold Raytheon Company stock? Who is selling Raytheon Company stock?

Raytheon Company's stock was sold by a variety of institutional investors in the last quarter, including Private Asset Management Inc., Sit Investment Associates Inc., Shell Asset Management Co., State Treasurer State of Michigan, Sanders Capital LLC, Howe & Rusling Inc., Oakbrook Investments LLC and Eqis Capital Management Inc.. Company insiders that have sold Raytheon Company stock in the last year include Anthony F O'brien, David C Wajsgras, Frank R Jimenez, Michael J Wood, Taylor W Lawrence, Thomas A Kennedy, Vernon E Clark and Wesley D Kremer. View Insider Buying and Selling for Raytheon Company.

Who bought Raytheon Company stock? Who is buying Raytheon Company stock?

Raytheon Company's stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Robeco Institutional Asset Management B.V., Barometer Capital Management Inc., First National Bank of Mount Dora Trust Investment Services, Wendell David Associates Inc., Centre Asset Management LLC, Rockefeller Financial Services Inc. and Texas Capital Bancshares Inc. TX. View Insider Buying and Selling for Raytheon Company.

How do I buy Raytheon Company stock?

Shares of Raytheon Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Raytheon Company's stock price today?

One share of Raytheon Company stock can currently be purchased for approximately $188.90.

MarketBeat Community Rating for Raytheon Company (NYSE RTN)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  565 (Vote Outperform)
Underperform Votes:  359 (Vote Underperform)
Total Votes:  924
MarketBeat's community ratings are surveys of what our community members think about Raytheon Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Raytheon Company (NYSE:RTN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 14 Buy Ratings
Consensus Rating:Buy (Score: 2.93)
Consensus Price Target: $193.79 (2.59% upside)
Consensus Price Target History for Raytheon Company (NYSE:RTN)
Price Target History for Raytheon Company (NYSE:RTN)
Analysts' Ratings History for Raytheon Company (NYSE:RTN)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Cowen and CompanyReiterated RatingBuy$203.00N/AView Rating Details
10/10/2017Royal Bank Of CanadaReiterated RatingBuy$209.00N/AView Rating Details
10/9/2017Citigroup Inc.Reiterated RatingBuy$192.00 -> $215.00N/AView Rating Details
9/29/2017Jefferies Group LLCReiterated RatingBuy$190.00LowView Rating Details
9/29/2017Deutsche Bank AGUpgradeHold -> Buy$180.00 -> $210.00MediumView Rating Details
8/11/2017Buckingham ResearchBoost Price TargetBuy$190.00 -> $199.00LowView Rating Details
8/10/2017Robert W. BairdReiterated RatingOutperform$170.00 -> $212.00HighView Rating Details
8/8/2017Morgan StanleyInitiated CoverageEqual -> Equal Weight$188.00LowView Rating Details
8/4/2017ArgusReiterated RatingBuy$175.00 -> $195.00LowView Rating Details
8/1/2017Bank of America CorporationReiterated RatingBuy$185.00 -> $200.00LowView Rating Details
7/30/2017Stifel NicolausReiterated RatingBuy$175.00 -> $185.00LowView Rating Details
7/30/2017Sanford C. BernsteinReiterated RatingOutperform$180.00 -> $183.00LowView Rating Details
3/31/2017Credit Suisse GroupReiterated RatingBuy$170.00LowView Rating Details
11/14/2016Wells Fargo & CompanyReiterated RatingBuyN/AView Rating Details
10/28/2016Vertical ResearchInitiated CoverageBuy$154.00N/AView Rating Details
7/29/2016J P Morgan Chase & CoSet Price TargetBuy$139.00 -> $145.00N/AView Rating Details
6/7/2016Oppenheimer Holdings, Inc.Reiterated RatingBuyN/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
5/3/2016Barclays PLCReiterated RatingHold -> NeutralN/AView Rating Details
5/2/2016Goldman Sachs Group, Inc. (The)Boost Price TargetNeutral$130.00 -> $131.00N/AView Rating Details
4/29/2016Drexel HamiltonReiterated RatingBuyN/AView Rating Details
4/4/2016GuggenheimInitiated CoverageBuy$144.00N/AView Rating Details
11/16/2015NomuraLower Price Target$746.00 -> $635.00N/AView Rating Details
10/23/2015Wolfe ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 10/22/2015 forward)


Earnings History for Raytheon Company (NYSE:RTN)
Earnings by Quarter for Raytheon Company (NYSE:RTN)
Earnings History by Quarter for Raytheon Company (NYSE RTN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$1.90N/AView Earnings Details
7/27/2017Q2 2017$1.74$1.89$6.24 billion$6.28 billionViewN/AView Earnings Details
4/27/2017Q1 2017$1.61$1.73$5.83 billion$6.00 billionViewN/AView Earnings Details
1/26/2017Q416$1.86$1.84$6.56 billion$6.20 billionViewListenView Earnings Details
10/27/2016Q316$1.64$1.79$6.04 billion$6.00 billionViewListenView Earnings Details
7/28/2016Q216$1.74$2.38$5.83 billion$6.00 billionViewListenView Earnings Details
4/28/2016Q116$1.38$1.43$5.45 billion$5.80 billionViewListenView Earnings Details
1/28/2016Q415$1.81$1.85$6.29 billion$6.30 billionViewListenView Earnings Details
10/22/2015Q315$1.43$1.47$5.76 billion$5.80 billionViewListenView Earnings Details
7/23/2015Q215$1.62$1.65$5.45 billion$5.80 billionViewListenView Earnings Details
4/23/2015Q115$1.40$1.78$5.22 billion$5.30 billionViewListenView Earnings Details
1/29/2015Q414$1.80$1.71$6.07 billion$6.14 billionViewListenView Earnings Details
10/23/2014Q314$1.60$1.65$5.61 billion$5.47 billionViewListenView Earnings Details
7/24/2014Q214$1.59$1.59$5.58 billion$5.70 billionViewListenView Earnings Details
4/24/2014Q114$1.77$1.87$5.50 billion$5.50 billionViewListenView Earnings Details
1/30/2014Q413$1.34$1.46$5.95 billion$3.30 billionViewListenView Earnings Details
10/24/2013Q313$1.33$1.60$5.81 billion$5.84 billionViewListenView Earnings Details
7/25/2013Q2 2013$1.30$1.50$5.80 billion$6.12 billionViewListenView Earnings Details
4/25/2013Q1 2013$1.28$1.56$5.70 billion$5.88 billionViewListenView Earnings Details
1/24/2013Q4 2012$1.30$1.60$6.41 billion$6.44 billionViewListenView Earnings Details
10/25/2012Q312$1.27$1.51$6.16 billion$6.05 billionViewN/AView Earnings Details
7/26/2012$1.24$1.41ViewN/AView Earnings Details
4/26/2012$1.18$1.46ViewN/AView Earnings Details
1/26/2012$1.35$1.74ViewN/AView Earnings Details
10/27/2011$1.33$1.43ViewN/AView Earnings Details
7/28/2011$1.16$1.23ViewN/AView Earnings Details
4/28/2011$1.09$1.06ViewN/AView Earnings Details
1/27/2011$1.16$1.37ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Raytheon Company (NYSE:RTN)
2017 EPS Consensus Estimate: $7.25
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$1.57$1.57$1.57
Q2 20171$1.76$1.76$1.76
Q3 20171$1.88$1.88$1.88
Q4 20171$2.04$2.04$2.04
(Data provided by Zacks Investment Research)


Current Dividend Information for Raytheon Company (NYSE:RTN)
Next Dividend:11/9/2017
Annual Dividend:$3.19
Dividend Yield:1.69%
Dividend Growth:10.10% (3 Year Average)
Payout Ratio:43.94% (Trailing 12 Months of Earnings)
42.08% (Based on This Year's Estimates)
37.66% (Based on Next Year's Estimates)
Track Record:12 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Raytheon Company (NYSE:RTN)

Dividend History by Quarter for Raytheon Company (NYSE RTN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Raytheon Company (NYSE:RTN)
Insider Ownership Percentage: 0.19%
Institutional Ownership Percentage: 73.62%
Insider Trades by Quarter for Raytheon Company (NYSE:RTN)
Institutional Ownership by Quarter for Raytheon Company (NYSE:RTN)
Insider Trades by Quarter for Raytheon Company (NYSE:RTN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/2/2017Frank R JimenezVPSell650$187.27$121,725.50View SEC Filing  
8/31/2017Taylor W. LawrenceVPSell3,791$182.09$690,303.19View SEC Filing  
8/30/2017Frank R JimenezVPSell500$181.94$90,970.00View SEC Filing  
8/14/2017Vernon E ClarkDirectorSell829$180.19$149,377.51View SEC Filing  
7/31/2017Robert E BeauchampDirectorBuy1,162$171.99$199,852.38View SEC Filing  
6/5/2017Michael J WoodCAOSell1,442$162.98$235,017.16View SEC Filing  
6/5/2017Taylor W LawrenceVPSell2,756$162.04$446,582.24View SEC Filing  
6/5/2017Thomas A KennedyChairmanSell10,703$162.05$1,734,421.15View SEC Filing  
5/31/2017Wesley D KremerVPSell1,010$163.10$164,731.00View SEC Filing  
4/13/2017Frank R JimenezVPSell1,275$151.00$192,525.00View SEC Filing  
3/29/2017Michael J WoodVPSell518$151.73$78,596.14View SEC Filing  
3/27/2017Taylor W LawrenceVPSell1,036$149.96$155,358.56View SEC Filing  
3/24/2017Anthony F O'brienVPSell1,275$152.29$194,169.75View SEC Filing  
3/24/2017Thomas A KennedyChairmanSell5,422$152.29$825,716.38View SEC Filing  
3/8/2017David C WajsgrasVPSell5,250$154.46$810,915.00View SEC Filing  
2/16/2017Taylor W. LawrenceVPSell12,124$151.80$1,840,423.20View SEC Filing  
2/16/2017Thomas A KennedyChairmanSell36,682$151.53$5,558,423.46View SEC Filing  
1/26/2017Frank R JimenezVPSell500$142.00$71,000.00View SEC Filing  
8/2/2016Vernon E ClarkDirectorSell2,540$141.01$358,165.40View SEC Filing  
6/6/2016Anthony F O'brienCFOSell1,238$133.35$165,087.30View SEC Filing  
6/6/2016Michael J WoodCAOSell2,582$133.35$344,309.70View SEC Filing  
6/6/2016Taylor W LawrenceVPSell4,336$133.80$580,156.80View SEC Filing  
6/6/2016Thomas A KennedyCEOSell13,858$133.82$1,854,477.56View SEC Filing  
4/4/2016Richard R YuseVPSell22,345$125.00$2,793,125.00View SEC Filing  
3/28/2016Anthony F O'brienCFOSell6,000$122.95$737,700.00View SEC Filing  
3/24/2016Thomas A KennedyCEOSell11,569$123.23$1,425,647.87View SEC Filing  
2/18/2016Michael J. WoodCAOSell7,060$119.38$842,822.80View SEC Filing  
2/18/2016Taylor W. LawrenceVPSell11,589$119.38$1,383,494.82View SEC Filing  
2/18/2016Thomas A. KennedyCEOSell11,570$119.38$1,381,226.60View SEC Filing  
2/1/2016Michael J WoodCAOSell3,443$127.05$437,433.15View SEC Filing  
12/21/2015Richard R YuseVPSell10,000$125.98$1,259,800.00View SEC Filing  
10/5/2015Taylor W LawrenceVPSell4,449$110.00$489,390.00View SEC Filing  
9/10/2015Thomas A KennedyCEOSell11,459$105.65$1,210,643.35View SEC Filing  
7/23/2015Richard R YuseVPSell8,250$105.00$866,250.00View SEC Filing  
7/15/2015Thomas A KennedyCEOSell12,161$100.32$1,219,991.52View SEC Filing  
6/15/2015Anthony F O'brienCFOSell6,363$100.90$642,026.70View SEC Filing  
6/5/2015Michael J WoodCAOSell1,989$99.42$197,746.38View SEC Filing  
6/5/2015Taylor W LawrenceVPSell3,151$99.42$313,272.42View SEC Filing  
6/5/2015Thomas A KennedyCEOSell8,390$100.00$839,000.00View SEC Filing  
2/18/2015Daniel J CrowleyVPSell26,486$106.07$2,809,370.02View SEC Filing  
2/18/2015David C WajsgrasCFOSell27,487$106.08$2,915,820.96View SEC Filing  
2/18/2015Michael J WoodCAOSell8,879$106.07$941,795.53View SEC Filing  
2/17/2015Thomas A KennedyCEOSell10,000$106.35$1,063,500.00View SEC Filing  
1/8/2015Jay B StephensVPSell10,571$108.75$1,149,596.25View SEC Filing  
1/8/2015Keith J PedenSVPSell24,083$109.72$2,642,386.76View SEC Filing  
12/8/2014Daniel J CrowleyVPSell12,317$108.22$1,332,945.74View SEC Filing  
9/25/2014Jay B StephensVPSell20,000$100.65$2,013,000.00View SEC Filing  
9/15/2014Taylor W LawrenceVPSell3,000$100.96$302,880.00View SEC Filing  
9/10/2014Richard R YuseVPSell7,529$100.00$752,900.00View SEC Filing  
9/10/2014William H SwansonChairmanSell100,000$100.31$10,031,000.00View SEC Filing  
8/27/2014Vernon E ClarkDirectorSell1,000$96.47$96,470.00View SEC Filing  
6/19/2014Lynn A DugleVPSell27,124$95.81$2,598,750.44View SEC Filing  
6/6/2014Richard A GogliaVPSell1,137$97.93$111,346.41View SEC Filing  
6/6/2014William H SwansonChairmanSell42,608$97.93$4,172,601.44View SEC Filing  
6/2/2014Michael J WoodCAOSell1,720$97.05$166,926.00View SEC Filing  
6/2/2014Richard A GogliaVPSell1,857$97.05$180,221.85View SEC Filing  
5/30/2014Jay B StephensVPSell15,000$97.50$1,462,500.00View SEC Filing  
4/2/2014Michael WoodCAOSell3,839$99.24$380,982.36View SEC Filing  
3/21/2014Keith PedenSVPSell14,726$98.84$1,455,517.84View SEC Filing  
2/19/2014Vernon ClarkDirectorSell1,576$96.44$151,989.44View SEC Filing  
2/18/2014Taylor LawrenceVPSell22,201$95.17$2,112,869.17View SEC Filing  
12/4/2013Jay StephensVPSell14,483$88.18$1,277,110.94View SEC Filing  
9/9/2013David C WajsgrasCFOSell18,749$75.88$1,422,674.12View SEC Filing  
9/3/2013Richard GogliaVPSell5,175$76.44$395,577.00View SEC Filing  
8/6/2013Ronald SkatesDirectorSell9,207$75.50$695,128.50View SEC Filing  
8/2/2013Vernon ClarkDirectorSell4,257$73.97$314,890.29View SEC Filing  
6/20/2013Lynn A DugleVPSell15,000$66.50$997,500.00View SEC Filing  
6/17/2013David C WajsgrasCFOSell34,263$67.87$2,325,429.81View SEC Filing  
6/17/2013Jay B StephensVPSell19,507$67.87$1,323,940.09View SEC Filing  
6/5/2013Richard A GogliaVPSell3,483$66.14$230,365.62View SEC Filing  
6/3/2013Michael J WoodCAOSell7,355$66.15$486,533.25View SEC Filing  
6/3/2013Taylor W LawrenceVPSell4,015$66.15$265,592.25View SEC Filing  
6/3/2013William H SwansonCEOSell41,094$66.15$2,718,368.10View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Raytheon Company (NYSE:RTN)
Latest Headlines for Raytheon Company (NYSE:RTN)
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Raytheon Company (RTN) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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