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NYSE:HRS

Harris (HRS) Stock Price, News & Analysis

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About Harris Stock (NYSE:HRS)

Advanced Chart

Key Stats

Today's Range
$211.42
$215.92
50-Day Range
$178.15
$207.60
52-Week Range
$123.24
$200.77
Volume
1.54 million shs
Average Volume
1.29 million shs
Market Capitalization
$25.04 billion
P/E Ratio
32.61
Dividend Yield
1.29%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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.

Harris Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
24th Percentile Overall Score

HRS MarketRank™: 

Harris scored higher than 24% of companies evaluated by MarketBeat, and ranked 593rd out of 677 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Harris.

  • Earnings Growth

    Earnings for Harris are expected to grow by 10.43% in the coming year, from $8.15 to $9.00 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Harris is 32.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.52.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Harris is 32.61, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 236.37.

  • Price to Earnings Growth Ratio

    Harris has a PEG Ratio of 2.90. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Harris has a P/B Ratio of 7.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for HRS.
  • Dividend Yield

    Harris pays a meaningful dividend of 1.45%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Harris does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Harris is 42.15%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Harris will have a dividend payout ratio of 30.44% next year. This indicates that Harris will be able to sustain or increase its dividend.

  • Read more about Harris' dividend.
  • Short Interest

    There is no current short interest data available for HRS.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Harris this week, compared to 41 articles on an average week.
  • Search Interest

    Only 2 people have searched for HRS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Harris insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.51% of the stock of Harris is held by insiders.

  • Percentage Held by Institutions

    96.71% of the stock of Harris is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Harris' insider trading history.
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HRS Stock News Headlines

Kentucky Governor Andy Beshear gives his State of The Commonwealth address in the House chamber at …
Gov. Beshear touted Kentucky to CEOs at global conference. It came as his political profile rises
Gov. Andy Beshear says he had 25 meetings with corporate leaders over two-and-a-half days at the World Economic Forum in Davos, Switzerland
Secretary of State Antony Blinken speaks at the Atlantic Council, January 14, 2025, in Washington
Antony Blinken has a deal for a 'candid' book about his years as Joe Biden's secretary of state
Antony Blinken has a book deal, billed by his publisher as a “rare glimpse” into the “challenging and often controversial” responses to the Russian invasion of Ukraine, the war in Gaza and other crises that broke out during his four years as secretary of state
The Shadow President?
President Trump has already launched a "shock and awe" flurry of new Executive Orders... He's withdrawn from the World Health Organization... exited the Paris climate accord... and begun dismantling many Federal programs... But there's ONE executive order that could go down in history as the most important of all.
Philadelphia 76ers owner Josh Harris speaks during a news conference in Philadelphia, Monday, Janua…
Josh Harris finds himself on brink of championship with Commanders he can't find with 76ers
Josh Harris owns both the Philadelphia 76ers and Washington Commanders among the many sports properties in his portfolio
President Donald Trump talks with Nevada Republican Party chairman Michael McDonald, left, and Neva…
Trump's stop in Las Vegas will focus on how he wants to eliminate taxes on tips
President Donald Trump plans to use a stop in Las Vegas to offer details on how he can begin excluding tips from federal taxes
L3Harris Technologies Q4 2024 Earnings Preview
See More Headlines

HRS Stock Analysis - Frequently Asked Questions

Harris Co. (NYSE:HRS) posted its quarterly earnings data on Sunday, October, 14th. The communications equipment provider reported $1.78 EPS for the quarter, beating analysts' consensus estimates of $1.72 by $0.06. The business's revenue for the quarter was up 9.4% on a year-over-year basis.

Based on aggregate information from My MarketBeat watchlists, some other companies that Harris investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV) and Aegean Marine Petroleum Network (ANW).

Company Calendar

Last Earnings
10/14/2018
Today
1/30/2025

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
$9.89 per share
Book Value
$27.98 per share

Miscellaneous

Free Float
N/A
Market Cap
$25.04 billion
Optionable
Not Optionable
Beta
0.98
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This page (NYSE:HRS) was last updated on 1/30/2025 by MarketBeat.com Staff
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