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. 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 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date of this dividend is Tuesday, July 10th. View Raytheon's Dividend History.

Raytheon announced that its Board of Directors has authorized a share buyback program on Thursday, November 16th 2017, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

Raytheon (NYSE:RTN) posted its quarterly earnings results on Thursday, April, 26th. The aerospace company reported $2.20 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 the consensus estimate of $6.21 billion. Raytheon had a net margin of 8.40% and a return on equity of 22.69%. The company's quarterly revenue 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 equities research analysts have issued 12 month price targets for Raytheon's stock. Their forecasts range from $190.00 to $255.00. On average, they expect Raytheon's stock price to reach $221.0625 in the next twelve months. View Analyst Ratings for Raytheon.

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

News coverage about RTN stock has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Raytheon earned a news sentiment score of 0.18 on Accern's scale. They also assigned news headlines about the aerospace company an impact score of 46.81 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Raytheon's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.53%), Northern Trust Corp (1.13%), Franklin Resources Inc. (1.01%), Amundi Pioneer Asset Management Inc. (0.89%), Wells Fargo & Company MN (0.65%) and Royal Bank of Canada (0.65%). 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 Boston Partners, Barrow Hanley Mewhinney & Strauss LLC, Millennium Management LLC, MUFG Securities EMEA plc, LSV Asset Management, Amundi Pioneer Asset Management Inc., State of New Jersey Common Pension Fund D and Swiss National Bank. 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 BlackRock Inc., Royal Bank of Canada, Alkeon Capital Management LLC, Winslow Capital Management LLC, Summit Trail Advisors LLC, Wedge Capital Management L L P NC, CIBC World Markets Inc. and The Manufacturers Life Insurance Company. 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 $193.38.

Raytheon has a market capitalization of $55.93 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]