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. Investors 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 dividend yield of 1.74%. The ex-dividend date of this dividend is Tuesday, July 10th. View Raytheon's Dividend History.

Raytheon declared that its Board of Directors has initiated a stock repurchase program on Thursday, November 16th 2017, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Raytheon (NYSE:RTN) announced its quarterly earnings data on Thursday, April, 26th. The aerospace company reported $2.20 earnings per share (EPS) for the quarter, topping the 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 net margin of 8.40% and a return on equity of 22.69%. The business's quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior 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 equities research analysts have issued 12-month target prices 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 year. This suggests a possible upside of 10.4% 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 been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Raytheon earned a media sentiment score of 0.15 on Accern's scale. They also gave media coverage about the aerospace company an impact score of 46.05 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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%), Welch & Forbes LLC (0.08%), Atalanta Sosnoff Capital LLC (0.07%), Polaris Greystone Financial Group LLC (0.05%) and Abner Herrman & Brock LLC (0.03%). 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, Mckinley Capital Management LLC Delaware, Gateway Investment Advisers LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, Catawba Capital Management VA, Cibc Bank USA and Washington Trust 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Welch & Forbes LLC, FormulaFolio Investments LLC, IFM Investors Pty Ltd, Rockland Trust Co., First National Bank of Mount Dora Trust Investment Services, UBP Investment Advisors SA and First National Bank of Omaha. 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 $199.61.

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]