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NYSE:HRS

Harris (HRS) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$218.05
$225.41
50-Day Range
$178.15
$207.60
52-Week Range
$123.24
$200.77
Volume
1.46 million shs
Average Volume
1.29 million shs
Market Capitalization
$26.56 billion
P/E Ratio
34.59
Dividend Yield
1.22%
Price Target
N/A

Harris MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.16
Upright™ Environmental Score
News Sentiment
0.00mentions of Harris in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.43%
From $8.15 to $9.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.65 out of 5 stars

Computer And Technology Sector

568th out of 600 stocks

Search & Navigation Equipment Industry

9th out of 11 stocks

HRS stock logo

About Harris Stock (NYSE:HRS)

Harris Corporation provides technology-based solutions that solve government and commercial customers' mission-critical challenges in the United States and internationally. The company operates in three segments: Communication Systems, Electronic Systems, and Space and Intelligence Systems. It designs, develops, and manufactures radio communications products and systems, including single channel ground and airborne radio systems, multiband manpack and handheld radios, multi-channel manpack and airborne radios, and single-channel airborne radios, as well as wideband rifleman team, ground, and high frequency manpack radios. The company also offers vision-enhancing products; wireless communications systems; and Internet protocol based voice and data communications systems, as well as single-band land mobile radio terminals and multiband radios comprising a handheld radio and a full-spectrum mobile radio for vehicles. In addition, it provides electronic warfare, avionics, command, control, communications, computers, intelligence, surveillance, and reconnaissance solutions for defense and classified customers; and mission-critical communication systems for civil and military aviation and other customers. Further, the company offers intelligence, space protection, geospatial, earth observation, exploration, positioning, navigation and timing, and environmental solutions using advanced sensors, antennas, and payloads, as well as ground processing and information analytics for national security, defense, civil and commercial customers. Harris Corporation was founded in 1895 and is headquartered in Melbourne, Florida.

HRS Stock News Headlines

Tests find AI tools readily create election lies from the voices of well-known political leaders
A new report from a digital civil rights group has found that publicly available artificial intelligence tools can be easily weaponized to churn out convincing election lies in the voices of top American and European politicians
Harris announces plans to help give 80% of Africa access to the internet by 2030, up from 40% now
Vice President Kamala Harris is announcing the formation of a new partnership to help provide internet access to 80% of Africa by 2030, up from 40% now
An annual rich list says Paul McCartney is Britain's first billionaire musician
Paul McCartney is a billionaire Beatle
James Simons, mathematician, philanthropist and hedge fund founder, has died
James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation’s biggest philanthropists, has died at age 86
See More Headlines
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Company Calendar

Last Earnings
10/14/2018
Today
6/01/2024

Industry, Sector and Symbol

Industry
Search & Navigation Equipment
Sub-Industry
Communications Equipment
CUSIP
41387510
Fax
N/A
Employees
17,500
Year Founded
N/A

Profitability

Net Income
$718 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$6.18 billion
Cash Flow
$10.49 per share
Book Value
$27.98 per share

Miscellaneous

Free Float
N/A
Market Cap
$26.56 billion
Optionable
Not Optionable
Beta
0.98
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Key Executives

  • Mr. William M. Brown (Age 56)
    Chairman, Pres & CEO
  • Mr. Rahul Ghai (Age 47)
    Sr. VP & CFO
  • Mr. Sheldon J. Fox (Age 60)
    Sr. VP of Operations & Information Technology
  • Mr. Scott T. Mikuen (Age 57)
    Sr. VP, Gen. Counsel & Sec.
  • Mr. Dana A. Mehnert (Age 57)
    Pres of Communication Systems

HRS Stock Analysis - Frequently Asked Questions

How were Harris' earnings last quarter?

Harris Co. (NYSE:HRS) announced its quarterly earnings results on Sunday, October, 14th. The communications equipment provider reported $1.78 earnings per share for the quarter, beating analysts' consensus estimates of $1.72 by $0.06. The communications equipment provider had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.52 billion. Harris had a net margin of 13.60% and a trailing twelve-month return on equity of 27.13%. Harris's revenue for the quarter was up 9.4% on a year-over-year basis. During the same period last year, the company posted $1.38 EPS.

Is Harris a good dividend stock?

Harris (NYSE:HRS) pays an annual dividend of $2.74 per share and currently has a dividend yield of 1.45%. The dividend payout ratio is 42.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HRS will have a dividend payout ratio of 30.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HRS.

What other stocks do shareholders of Harris own?
This page (NYSE:HRS) was last updated on 6/1/2024 by MarketBeat.com Staff

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