S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:TXT

Textron Stock Forecast, Price & News

$72.73
-2.58 (-3.43%)
(As of 11/26/2021 12:00 AM ET)
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Compare
Today's Range
$70.42
$73.02
50-Day Range
$67.75
$77.44
52-Week Range
$44.36
$78.13
Volume
1.02 million shs
Average Volume
1.16 million shs
Market Capitalization
$16.03 billion
P/E Ratio
21.39
Dividend Yield
0.11%
Beta
1.75
30 days | 90 days | 365 days | Advanced Chart
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Textron logo

About Textron

Textron, Inc. is a multi-industry company, which leverages global network of aircraft, defense, industrial, and finance businesses to provide customers innovative solutions and services. The company operates its business through the following segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures sells, and services Beechcraft and Cessna aircraft. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts. The Textron Systems segment product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors, and a variety of defense and aviation mission support products and services. The Industrial segment designs and manufactures a variety of products under the Golf, Turf Care and Light Transportation Vehicles, Fuel Systems and Functional Components and Powered Tools, and Testing and Measurement Equipment product lines. The Finance segment provides finances primarily to purchasers of new Cessna aircraft and Bell helicopters. The company founded by Royal Little in 1923 and is headquartered in Providence, RI.

Headlines

Textron Aviation’s newest plane flies for the first time
November 24, 2021 |  finance.yahoo.com
Textron (NYSE:TXT) Hasn't Managed To Accelerate Its Returns
November 17, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Aircraft & parts
Sub-Industry
Aerospace & Defense
Sector
Aerospace
CUSIP
88320310
Employees
33,000
Year Founded
1923

Sales & Book Value

Annual Sales
$11.65 billion
Cash Flow
$3.58 per share
Book Value
$27.39 per share

Profitability

Net Income
$309 million
Pretax Margin
6.61%

Debt

Price-To-Earnings

Miscellaneous

Free Float
217,119,000
Market Cap
$16.03 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/09/2021
Dividend Payable
10/01/2021
Last Earnings
10/28/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

Social Links


MarketRank

Overall MarketRank

2.70 out of 5 stars

Aerospace Sector

9th out of 54 stocks

Aircraft & Parts Industry

1st out of 3 stocks

Analyst Opinion: 2.5Community Rank: 4.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -












Textron (NYSE:TXT) Frequently Asked Questions

Is Textron a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Textron in the last year. There are currently 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Textron stock.
View analyst ratings for Textron
or view top-rated stocks.

How has Textron's stock price been impacted by Coronavirus?

Textron's stock was trading at $30.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TXT shares have increased by 140.5% and is now trading at $72.73.
View which stocks have been most impacted by COVID-19
.

When is Textron's next earnings date?

Textron is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Textron
.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) issued its quarterly earnings data on Thursday, October, 28th. The aerospace company reported $0.85 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.78 by $0.07. The aerospace company earned $2.99 billion during the quarter, compared to analysts' expectations of $3.17 billion. Textron had a net margin of 6.09% and a trailing twelve-month return on equity of 13.05%. The firm's revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.53 EPS.
View Textron's earnings history
.

How often does Textron pay dividends? What is the dividend yield for Textron?

Textron declared a quarterly dividend on Wednesday, October 27th. Stockholders of record on Friday, December 10th will be paid a dividend of $0.02 per share on Saturday, January 1st. This represents a $0.08 dividend on an annualized basis and a yield of 0.11%. The ex-dividend date of this dividend is Thursday, December 9th.
View Textron's dividend history
.

Is Textron a good dividend stock?

Textron pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.11%. The dividend payout ratio of Textron is 2.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Textron will have a dividend payout ratio of 1.99% next year. This indicates that Textron will be able to sustain or increase its dividend.
View Textron's dividend history.

What guidance has Textron issued on next quarter's earnings?

Textron updated its FY 2021 earnings guidance on Thursday, November, 4th. The company provided earnings per share (EPS) guidance of $3.200-$3.300 for the period, compared to the Thomson Reuters consensus estimate of $2.840. The company issued revenue guidance of -.

What price target have analysts set for TXT?

9 brokerages have issued twelve-month price targets for Textron's shares. Their forecasts range from $68.00 to $95.00. On average, they expect Textron's share price to reach $82.78 in the next year. This suggests a possible upside of 13.8% from the stock's current price.
View analysts' price targets for Textron
or view top-rated stocks among Wall Street analysts.

Who are Textron's key executives?

Textron's management team includes the following people:
  • Scott C. Donnelly, Chairman, President & Chief Executive Officer
  • Frank T. Connor, Chief Financial Officer & Executive Vice President
  • Kimberly A. Mackenroth, Chief Information Officer & Vice President
  • E. Robert Lupone, Secretary, Chief Compliance Officer & Executive VP
  • Mark S. Bamford, Vice President & Controller

What is Scott C. Donnelly's approval rating as Textron's CEO?

206 employees have rated Textron CEO Scott C. Donnelly on Glassdoor.com. Scott C. Donnelly has an approval rating of 79% among Textron's employees.

What other stocks do shareholders of Textron own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Textron investors own include Bank of America (BAC), Intelsat (I), Micron Technology (MU), NVIDIA (NVDA), Cisco Systems (CSCO), AT&T (T), Intel (INTC), Walt Disney (DIS), AMC Entertainment (AMC) and Ciena (CIEN).

What is Textron's stock symbol?

Textron trades on the New York Stock Exchange (NYSE) under the ticker symbol "TXT."

Who are Textron's major shareholders?

Textron's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.53%), Invesco Ltd. (5.08%), Victory Capital Management Inc. (3.27%), Boston Partners (3.23%), Primecap Management Co. CA (2.72%) and Pzena Investment Management LLC (2.31%). Company insiders that own Textron stock include E Robert Lupone, Frank T Connor, Kathleen M Bader, Mark S Bamford and Scott C Donnelly.
View institutional ownership trends for Textron
.

Which institutional investors are selling Textron stock?

TXT stock was sold by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Invesco Ltd., LSV Asset Management, American Century Companies Inc., BlackRock Inc., Brandywine Global Investment Management LLC, Russell Investments Group Ltd., and Victory Capital Management Inc.. Company insiders that have sold Textron company stock in the last year include E Robert Lupone, Kathleen M Bader, and Mark S Bamford.
View insider buying and selling activity for Textron
or view top insider-selling stocks.

Which institutional investors are buying Textron stock?

TXT stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Goldman Sachs Group Inc., Bank of New York Mellon Corp, Worldquant Millennium Advisors LLC, Arrowstreet Capital Limited Partnership, Deutsche Bank AG, Boston Partners, and Neuberger Berman Group LLC.
View insider buying and selling activity for Textron
or or view top insider-buying stocks.

How do I buy shares of Textron?

Shares of TXT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Textron's stock price today?

One share of TXT stock can currently be purchased for approximately $72.73.

How much money does Textron make?

Textron has a market capitalization of $16.03 billion and generates $11.65 billion in revenue each year. The aerospace company earns $309 million in net income (profit) each year or $3.40 on an earnings per share basis.

How many employees does Textron have?

Textron employs 33,000 workers across the globe.

Does Textron have any subsidiaries?

The following companies are subsidiares of Textron: AAI Corporation, AAI Services Corporation, ALSTOM Gears, Able Aerospace, Able Aerospace Services Inc., Able Engineering & Component Services, Aeronautical Accessories LLC, Airborne Tactical Advantage Company LLC, Arctic Cat, Arctic Cat ACE Holding GmbH, Arctic Cat France SARL, Arctic Cat GmbH, Arctic Cat Inc., Arctic Cat Production LLC, Arctic Cat Production Support LLC, Arctic Cat Sales Inc., Arctic Cat Shared Services LLC, Arctic Cat UK Ltd., Arkansas Aerospace Inc., Avco Corporation, Aviation Service servis letal doo Ljubljana, Aylesbury Automation, B/K Navigational Equipment sro, Beech Aircraft Corporation, Beech Holdings, Beechcraft Defense Support Holding LLC, Beechcraft Domestic Service Company, Beechcraft Germany GmbH, Beechcraft International Holding LLC, Beechcraft International Service Company, Beechcraft New Zealand, Beechcraft Service Company UK Limited, Bell Helicopter GK, Bell Helicopter KK, Bell Textron Asia (Pte.) Ltd., Bell Textron Canada International Inc., Bell Textron Canada Limited/Limitée, Bell Textron Inc., Bell Textron Korea Inc., Bell Textron Miami Inc, Bell Textron Prague a.s., Bell Textron Rhode Island Inc., Bell Textron Services Inc, Bell Textron Supply Center BV, Bell Textron Technical Services Inc., Benzlers, Brazaco Mapri Industrias, Burkland, Cessna Aircraft Company, Cessna Citation European Service Center SAS, Cessna Düsseldorf Citation Service Center GmbH, Cessna Finance Corporation, Cessna Finance Export Corporation, Cessna Mexico S de RL de CV, Cessna Spanish Citation Service Center SLU, Cessna Zurich Citation Service Center GmbH, Citation Parts Distribution International Inc., Cushman Inc., Datacom Technologies, David Brown Group, Doncaster Citation Service Centre Limited, E-Z-GO Canada Limited, Energy Manufacturing, Flexalloy, HBC LLC, Hawker Beech de Mexico S de RL de CV, Hawker Beechcraft Argentina SA, Howe & Howe Inc., Howe and Howe Technologies, Industrial Technology Inc., InteSys Technologies, International Product Support Inc., KSB Annecy SAS, Kautex (Changchun) Plastics Technology Co. Ltd., Kautex (Chongqing) Plastic Technology Co. Ltd., Kautex (Guangzhou) Plastic Technology Co. Ltd., Kautex (Pinghu) Plastic Technology Co. Ltd., Kautex (Shanghai) Plastic Technology Co. Ltd., Kautex (Wuhan) Plastic Technology Co. Ltd., Kautex Corporation, Kautex Craiova srl, Kautex Germany Holding GmbH, Kautex Inc., Kautex Japan KK, Kautex Shanghai GmbH, Kautex Textron (UK) Limited, Kautex Textron Benelux BVBA, Kautex Textron Bohemia spol sro, Kautex Textron CVS Limited, Kautex Textron GmbH & Co. KG, Kautex Textron Ibérica SL, Kautex Textron Italia Srl, Kautex Textron Management Services Company de Puebla S. de RL de CV, Kautex Textron Portugal – Produtos Plásticos Sociedade Unipessoal Lda., Kautex Textron de Mexico S de RL de CV, Kautex Textron do Brasil Ltda., Kautex of Georgia Inc., Kaywood Products Corp., Klauke, LCI Corporation International, LLC Textron RUS, Maag, McCord Corporation, Mechtronix, Medical Numerics Inc., Midland Industrial Plastics, MillenWorks, MillenWorks Themed Technologies, MotorFist LLC, OPINICUS Simulation and Training Services LLC, OmniQuip International, Opinicus, Optical Boring Co., Opto-Electronics, Opto-Electronics Inc., Overwatch Systems Ltd., PEINER Umformtechnik, Pirelli Tyres - General Rubber Goods (GRG) division, Premiair Aviation Maintenance Pty Ltd, Progressive Electronics, Ransomes, Ransomes Inc., Ransomes Investment LLC, Ransomes Jacobsen France SAS, Ransomes Jacobsen Limited, Ransomes Limited, Ransomes Pensions Trustee Company Limited, Replacement Part Solutions LLC, Response Technologies LLC, Rotor Blades Limited, Sukosim Verbindungselemente, TRU Simulation & Training Spain SL, TRU Simulation + Training Inc., TRU Simulation + Training LLC, TekGPS Engineering Srl, Textron Airland LLC, Textron Atlantic LLC, Textron Aviation Australia Pty. Ltd., Textron Aviation Canada Ltd., Textron Aviation Defense LLC, Textron Aviation Finance Corporation, Textron Aviation Inc., Textron Aviation Prague Service Center sro, Textron Aviation Rhode Island Inc., Textron Aviation Services de Mexico S de RL de CV, Textron Capital BV, Textron Communications Inc., Textron Far East Pte. Ltd., Textron Finance Holding Company, Textron Financial Corporation, Textron Financial Corporation Receivables Trust 2002-CP-2, Textron Fluid and Power Inc., Textron France Holding SAS, Textron France SAS, Textron Global Services Inc., Textron Ground Support Equipment Inc., Textron Ground Support Equipment UK Limited, Textron IPMP Inc., Textron India Private Limited, Textron Innovations Inc., Textron International Inc., Textron International Mexico S de RL de CV, Textron Limited, Textron Management Services Inc., Textron Motors GmbH, Textron Motors North America Inc., Textron Outdoor Power Equipment Inc., Textron Realty Corporation, Textron Shared Service Centre (Canada) Inc., Textron Specialized Vehicles Inc., Textron Sweden AB, Textron Systems Australia Holding Pty Ltd, Textron Systems Australia Pty Ltd, Textron Systems Canada Inc., Textron Systems Corporation, Textron Systems Electronic Systems UK (Holdings) Limited, Textron Systems Electronic Systems UK Limited, Textron Trading (Shanghai) Co. Ltd., Textron UK Pension Trustee Limited, Textron Verwaltungs-GmbH, Turbine Engine Components Textron (Newington Operations) Inc., United Industrial Corporation, Westminster Insurance Company, Williams Machine & Tool, Wuxi Textron Specialized Vehicles Co. Ltd., and Zhenjiang Bell Textron Aviation Services Limited.

When was Textron founded?

Textron was founded in 1923.

What is Textron's official website?

The official website for Textron is www.textron.com.

Where are Textron's headquarters?

Textron is headquartered at 40 WESTMINSTER STREET, PROVIDENCE RI, 02903.

How can I contact Textron?

Textron's mailing address is 40 WESTMINSTER STREET, PROVIDENCE RI, 02903. The aerospace company can be reached via phone at (401) 421-2800 or via fax at 302-655-5049.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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