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 1.73%. The ex-dividend date of this dividend is Tuesday, July 10th. View Raytheon's Dividend History.

Raytheon declared that its Board of Directors has approved a stock 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 usually a sign that the company's board believes its shares are undervalued.

Raytheon (NYSE:RTN) posted its earnings results on Thursday, April, 26th. The aerospace company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.10 by $0.10. The aerospace company earned $6.27 billion during 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 business's revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm 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 12 month price objectives for Raytheon's stock. Their forecasts range from $190.00 to $255.00. On average, they expect Raytheon's share price to reach $220.4375 in the next twelve months. This suggests a possible upside of 10.1% 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 stories about RTN stock have trended somewhat positive on Tuesday, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. 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 media sentiment score of 0.10 on Accern's scale. They also assigned headlines about the aerospace company an impact score of 44.86 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Raytheon's stock is owned by a variety of 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, Atalanta Sosnoff Capital LLC, Retirement Systems of Alabama, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Mckinley Capital Management LLC Delaware, Gateway Investment Advisers LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund and Catawba Capital Management VA. 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, State of Alaska Department of Revenue, Welch & Forbes LLC, FormulaFolio Investments LLC, IFM Investors Pty Ltd, Fox Run Management L.L.C., Essex Investment Management Co. LLC and Hills Bank & Trust Co.. 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 $200.24.

Raytheon has a market capitalization of $57.38 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]