L3Harris Technologies (LHX) Stock Price, News & Analysis

Company Overview

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations. The company's Communication Systems segment provides broadband communications; tactical radios, software, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; integrated vision solutions, including helmet-mounted integrated night vision goggles with leading-edge image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. Its Aerojet Rocketdyne segment provides propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security, and space and exploration missions. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is based in Melbourne, Florida.

Key Stats

• Today's Range: $208.08 to $212.67
• 50-Day Range: $194.80 to $222.31
• 52-Week Range: $193.09 to $265.74
• Volume: 963,965 shs
• Average Volume: 962,444 shs
• Market Capitalization: $39.37 billion
• P/E Ratio: 26.65
• Dividend Yield: 2.29%
• Price Target: $260.69
• Consensus Rating: Moderate Buy

L3Harris Technologies Stock Analysis - MarketRank™

L3Harris Technologies scored higher than 93% of companies evaluated by MarketBeat, and ranked 7th out of 53 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

L3Harris Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 12 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

L3Harris Technologies has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 12.68%

Earnings Growth

Earnings for L3Harris Technologies are expected to grow by 12.68% in the coming year, from $11.12 to $12.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of L3Harris Technologies is 26.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of L3Harris Technologies is 26.65, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 42.05.

Price to Earnings Growth Ratio

L3Harris Technologies has a PEG Ratio of 2.42. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

L3Harris Technologies has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.75% of the float of L3Harris Technologies has been sold short.

Short Interest Ratio / Days to Cover

L3Harris Technologies has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in L3Harris Technologies has recently increased by 5.13%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

L3Harris Technologies pays a meaningful dividend of 2.26%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

L3Harris Technologies has been increasing its dividend for 24 years.

Dividend Coverage

The dividend payout ratio of L3Harris Technologies is 60.99%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, L3Harris Technologies will have a dividend payout ratio of 38.31% next year. This indicates that L3Harris Technologies will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.3 / 5
• Environmental Score: -2.61

Percentage of Shares Shorted

1.75% of the float of L3Harris Technologies has been sold short.

Short Interest Ratio / Days to Cover

L3Harris Technologies has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in L3Harris Technologies has recently increased by 5.13%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.26

News Sentiment

L3Harris Technologies has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 37 news articles for L3Harris Technologies this week, compared to 15 articles on an average week.

Search Interest

Only 23 people have searched for LHX on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.

MarketBeat Follows

26 people have added L3Harris Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 63% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, L3Harris Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,095,297.00 in company stock.

Percentage Held by Insiders

Only 0.72% of the stock of L3Harris Technologies is held by insiders.

Percentage Held by Institutions

84.76% of the stock of L3Harris Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LHX Stock Analysis - Frequently Asked Questions

How have LHX shares performed this year?

L3Harris Technologies' stock was trading at $210.28 at the beginning of 2025. Since then, LHX stock has decreased by 0.3% and is now trading at $209.7110.
View the best growth stocks for 2025 here.

How were L3Harris Technologies' earnings last quarter?

L3Harris Technologies, Inc. (NYSE:LHX) posted its quarterly earnings results on Thursday, January, 30th. The company reported $3.47 earnings per share for the quarter, beating analysts' consensus estimates of $3.43 by $0.04. L3Harris Technologies had a trailing twelve-month return on equity of 13.11% and a net margin of 7.04%.
Read the conference call transcript.

Does L3Harris Technologies have any subsidiaries?

L3Harris Technologies subsidiaries include L-3 Communications, Exelis, Core180 Inc., Carefx, Harris CapRock Communications, SignaCert, Patriot Technologies, and more.

Who are L3Harris Technologies' major shareholders?

Top institutional investors of L3Harris Technologies include MassMutual Private Wealth & Trust FSB (0.04%). Insiders that own company stock include Christopher E Kubasik, Scott T Mikuen, Edward J Zoiss, Dana A Mehnert, Sean J Stackley, James P Girard, Ross Niebergall, Jon Rambeau and William H Swanson.
View institutional ownership trends.

How do I buy shares of L3Harris Technologies?

Shares of LHX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of L3Harris Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that L3Harris Technologies investors own include NVIDIA (NVDA), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Home Depot (HD), Meta Platforms (META), Intel (INTC) and Chevron (CVX).

Company Calendar

• Last Earnings: 1/30/2025
• Record date for 3/21 Dividend: 3/10/2025
• Ex-Dividend for 3/21 Dividend: 3/10/2025
• Dividend Payable: 3/21/2025
• Today: 4/01/2025
• Next Earnings (Estimated): 4/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Aerospace
• Industry: Search & navigation equipment
• Sub-Industry: Electronic Equipment
• Current Symbol: NYSE:LHX
• CIK: 202058
• Web: www.harris.com
• Phone: (321) 727-9100
• Fax: 321-724-3973
• Employees: 46,000
• Year Founded: 1895

Price Target and Rating

• Average Stock Price Target: $260.69
• High Stock Price Target: $300.00
• Low Stock Price Target: $229.00
• Potential Upside/Downside: +24.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 17 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.87
• Trailing P/E Ratio: 26.65
• Forward P/E Ratio: 18.86
• P/E Growth: 2.42
• Net Income: $1.50 billion
• Net Margins: 7.04%
• Pretax Margin: 7.49%
• Return on Equity: 13.11%
• Return on Assets: 5.98%

Debt

• Debt-to-Equity Ratio: 0.57
• Current Ratio: 1.08
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $21.33 billion
• Price / Sales: 1.85
• Cash Flow: $21.44 per share
• Price / Cash Flow: 9.78
• Book Value: $103.97 per share
• Price / Book: 2.02

Miscellaneous

• Outstanding Shares: 187,716,000
• Free Float: 186,770,000
• Market Cap: $39.37 billion
• Optionable: Optionable
• Beta: 0.74