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

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

Raytheon announced a quarterly dividend on Thursday, May 31st. Stockholders 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 dividend yield of 1.70%. The ex-dividend date of this dividend is Tuesday, July 10th. View Raytheon's Dividend History.

Raytheon declared that its board has approved a share repurchase plan on Thursday, November 16th 2017, which allows the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

Raytheon (NYSE:RTN) posted its quarterly earnings results on Thursday, July, 26th. The aerospace company reported $2.78 EPS for the quarter, topping analysts' consensus estimates of $2.32 by $0.46. The aerospace company earned $6.63 billion during the quarter, compared to analysts' expectations of $6.51 billion. Raytheon had a net margin of 9.24% and a return on equity of 24.01%. Raytheon's revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $1.98 earnings per share. View Raytheon's Earnings History.

Raytheon is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Raytheon.

Raytheon issued an update on its FY18 earnings guidance on Thursday, July, 26th. The company provided earnings per share (EPS) guidance of $9.77-9.97 for the period, compared to the Thomson Reuters consensus estimate of $9.82. The company issued revenue guidance of $26.70-27.20 billion, compared to the consensus revenue estimate of $26.76 billion.

17 analysts have issued 12 month target prices for Raytheon's shares. Their forecasts range from $190.00 to $255.00. On average, they expect Raytheon's share price to reach $224.50 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Raytheon.

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 articles about RTN stock have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog 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 news impact score of 0.18 on Accern's scale. They also gave news stories about the aerospace company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Raytheon.

Raytheon's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.68%), FMR LLC (2.89%), Bank of New York Mellon Corp (1.23%), Bank of New York Mellon Corp (1.23%), Macquarie Group Ltd. (1.21%) and Northern Trust Corp (1.15%). 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 New York Mellon Corp, Bank of New York Mellon Corp, Renaissance Technologies LLC, Epoch Investment Partners Inc., Nomura Holdings Inc., Boston Partners, Russell Investments Group Ltd. and Bank of Montreal Can. 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 purchased by a variety of institutional investors in the last quarter, including Charles Schwab Investment Advisory Inc., Wells Fargo & Company MN, Putnam Investments LLC, Morgan Stanley, American Century Companies Inc., Janus Henderson Group PLC, FMR LLC and BlackRock Inc.. 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 $203.68.

Raytheon has a market capitalization of $58.53 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]