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

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

Raytheon announced a quarterly dividend on Thursday, May 31st. Shareholders of record on Wednesday, July 11th will be given 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 of Directors has authorized a stock repurchase plan 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 reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board believes its stock is undervalued.

Raytheon (NYSE:RTN) posted its quarterly earnings data on Thursday, April, 26th. The aerospace company reported $2.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.10 by $0.10. The aerospace company earned $6.27 billion during the quarter, compared to analyst estimates of $6.21 billion. Raytheon had a return on equity of 22.69% and a net margin of 8.40%. Raytheon's revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.74 EPS. 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 brokerages have issued 1 year target prices for Raytheon's stock. Their predictions range from $190.00 to $255.00. On average, they anticipate 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).

Headlines about RTN stock have trended somewhat negative on Thursday, according to Accern. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Raytheon earned a news sentiment score of -0.02 on Accern's scale. They also gave news coverage about the aerospace company an impact score of 44.75 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.

Raytheon's stock is owned by a variety of of retail and institutional 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, Atalanta Sosnoff Capital LLC, Retirement Systems of Alabama, Sit Investment Associates Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Mckinley Capital Management LLC Delaware, Gateway Investment Advisers LLC and Fjarde AP Fonden Fourth Swedish National Pension Fund. 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 Calamos Advisors LLC, State of Alaska Department of Revenue, Welch & Forbes LLC, FormulaFolio Investments LLC, Amalgamated Bank, IFM Investors Pty Ltd, Fox Run Management L.L.C. and Essex Investment Management Co. LLC. 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 $201.35.

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]