NYSE:RTN - Raytheon Stock Price, Price Target & More

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

Raytheon declared a quarterly dividend on Thursday, May 31st. Shareholders of record on Wednesday, July 11th will be paid a dividend of $0.8675 per share on Thursday, August 2nd. This represents a $3.47 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Tuesday, July 10th. View Raytheon's Dividend History.

Raytheon declared that its board has initiated a share repurchase plan on Thursday, November 16th 2017, which permits the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.

Raytheon (NYSE:RTN) released its quarterly earnings data on Thursday, April, 26th. The aerospace company reported $2.20 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.10 by $0.10. The aerospace company had revenue of $6.27 billion for the quarter, compared to analysts' expectations of $6.21 billion. Raytheon had a return on equity of 22.69% and a net margin of 8.40%. The company's revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the business posted $1.74 earnings per share. View Raytheon's Earnings History.

Raytheon is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Raytheon.

17 brokers have issued 1-year price objectives for Raytheon's stock. Their forecasts range from $190.00 to $255.00. On average, they expect Raytheon's stock price to reach $220.4375 in the next year. This suggests a possible upside of 9.5% from the stock's current price. View Analyst Ratings for Raytheon.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Raytheon in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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).

News headlines about RTN stock have trended somewhat negative recently, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Raytheon earned a media sentiment score of -0.06 on Accern's scale. They also gave news articles about the aerospace company an impact score of 47.74 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Raytheon's stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.12%), Gateway Investment Advisers LLC (0.11%), Retirement Systems of Alabama (0.09%), Welch & Forbes LLC (0.08%), Calamos Advisors LLC (0.08%) and Atalanta Sosnoff Capital LLC (0.07%). 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 Bank of Montreal Can, James Investment Research Inc., Atalanta Sosnoff Capital LLC, Retirement Systems of Alabama, Hartford Investment Management Co., Sit Investment Associates Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH and Mckinley Capital Management LLC Delaware. 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 Calamos Advisors LLC, Howard Capital Management, State of Alaska Department of Revenue, Welch & Forbes LLC, FormulaFolio Investments LLC, Amalgamated Bank, Exane Derivatives and IFM Investors Pty Ltd. 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 $201.37.

Raytheon has a market capitalization of $57.52 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.

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]