NYSE:RTN - Raytheon Stock Price, News, & Analysis

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

Raytheon declared a quarterly dividend on Wednesday, November 14th. Stockholders of record on Wednesday, January 2nd will be given a dividend of $0.8675 per share on Thursday, January 31st. This represents a $3.47 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend is Monday, December 31st. View Raytheon's Dividend History.

Raytheon announced that its Board of Directors has initiated 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 purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

Raytheon (NYSE:RTN) issued its quarterly earnings results on Thursday, October, 25th. The aerospace company reported $2.25 earnings per share for the quarter, topping analysts' consensus estimates of $1.97 by $0.28. The aerospace company had revenue of $6.81 billion for the quarter, compared to analysts' expectations of $6.67 billion. Raytheon had a return on equity of 24.43% and a net margin of 9.33%. During the same period last year, the company earned $1.97 EPS. View Raytheon's Earnings History.

Raytheon is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Raytheon.

Raytheon updated its FY 2018 earnings guidance on Thursday, October, 25th. The company provided EPS guidance of $10.01-10.11 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.96. The company issued revenue guidance of $27-27.3 billion, compared to the consensus revenue estimate of $26.97 billion.

12 brokerages have issued 12-month price objectives for Raytheon's shares. Their forecasts range from $195.00 to $255.00. On average, they anticipate Raytheon's share price to reach $229.2727 in the next year. This suggests a possible upside of 35.0% from the stock's current price. View Analyst Price Targets for Raytheon.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Raytheon in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Raytheon.

News articles about RTN stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 1.2 on InfoTrie's scale. They also gave media headlines about the aerospace company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

Some companies that are related to Raytheon include Northrop Grumman (NOC), Harris (HRS), Garmin (GRMN), Teledyne Technologies (TDY), FLIR Systems (FLIR), Telenav (TNAV), Coda Octopus Group (CODA), Applied Energetics (AERG) and PASSUR Aerospace (PSSR).

Raytheon's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc (8.11%), BlackRock Inc. (7.92%), FMR LLC (2.33%), AQR Capital Management LLC (1.92%), Alliancebernstein L.P. (1.42%) and Macquarie Group Ltd. (1.26%). Company insiders that own Raytheon stock include Anthony F O'brien, David C Wajsgras, Dinesh C Paliwal, Frank R Jimenez, Letitia A Long, Michael J Wood, Rebecca R Rhoads, Robert E Beauchamp, 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 FMR LLC, Deutsche Bank AG, Mitsubishi UFJ Trust & Banking Corp, Morgan Stanley, Janus Henderson Group PLC, Epoch Investment Partners Inc., MERIAN GLOBAL INVESTORS UK Ltd and The Manufacturers Life Insurance Company. Company insiders that have sold Raytheon company stock in the last year include Anthony F O'brien, Frank R Jimenez, Letitia A Long, Michael J Wood, Rebecca R Rhoads, Stephen J Hadley, Taylor W Lawrence, Thomas A Kennedy and Vernon E Clark. View Insider Buying and Selling for Raytheon.

RTN stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Standard Life Aberdeen plc, BlackRock Inc., Mackenzie Financial Corp, Franklin Resources Inc., Marshall Wace LLP, Marshall Wace North America L.P. and Man Group plc. Company insiders that have bought Raytheon stock in the last two years include Dinesh C Paliwal and Robert E Beauchamp. 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, Scottrade, Fidelity and Charles Schwab.

One share of RTN stock can currently be purchased for approximately $169.85.

Raytheon has a market capitalization of $49.07 billion and generates $25.35 billion in revenue each year. The aerospace company earns $2.02 billion in net income (profit) each year or $7.62 on an earnings per share basis. Raytheon employs 64,000 workers across the globe.

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]