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NYSE:HRS

Harris (HRS) Stock Price, News & Analysis

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About Harris Stock (NYSE:HRS)

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Key Stats

Today's Range
$209.33
$215.75
50-Day Range
$178.15
$207.60
52-Week Range
$123.24
$200.77
Volume
1.32 million shs
Average Volume
1.29 million shs
Market Capitalization
$24.80 billion
P/E Ratio
32.30
Dividend Yield
1.31%
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.

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Harris Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
15th Percentile Overall Score

HRS MarketRank™: 

Harris scored higher than 15% of companies evaluated by MarketBeat, and ranked 598th out of 653 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 32.30, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.03.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Harris is 32.30, 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 38.05.

  • 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 7.50. 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 9 news articles for Harris this week, compared to 38 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Harris to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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

United Auto Workers President Shawn Fain speaks at an election night campaign party, November 5, 20…
How this auto union leader's support for Trump's tariffs scrambled labor politics again
President Donald Trump has once again scrambled the politics of organized labor and the working class with his planned tariffs on auto imports
In this photo made with a slow shutter speed, the White House podium is seen before a briefing in t…
2 months into Trump's second administration, the news industry faces challenges from all directions
During the first Trump administration, many journalists worried most about being called “fake news.”
Trump to redistribute trillions of dollars
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to move your money now.
Sen
Democrats' new internet strategy tops trending charts but also draws mockery from allies and foes
Democratic lawmakers are courting online content creators, podcasters and celebrities in a bid to find new ways to boost their message to voters
Demonstrators gather outside of the Edward A
Social Security in-person identity checks opposed by advocates and retirees alike
The Social Security Administration’s plan to require in-person identity checks for millions of new and existing recipients has drawn ire from lawmakers, advocacy groups and program recipients who are concerned that the government is placing barriers in front of people seeking to access their benefits
See More Headlines

HRS Stock Analysis - Frequently Asked Questions

Harris Co. (NYSE:HRS) released 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 business's revenue 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
4/04/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Search & Navigation Equipment
Sub-Industry
Communications Equipment
Current Symbol
NYSE:HRS
Fax
N/A
Employees
17,500
Year Founded
N/A

Profitability

Trailing P/E Ratio
32.30
Forward P/E Ratio
25.76
P/E Growth
2.9
Net Income
$718 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$6.18 billion
Cash Flow
$9.80 per share
Price / Cash Flow
21.43
Book Value
$27.98 per share
Price / Book
7.50

Miscellaneous

Free Float
N/A
Market Cap
$24.80 billion
Optionable
Not Optionable
Beta
0.98
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This page (NYSE:HRS) was last updated on 4/4/2025 by MarketBeat.com Staff
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