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L3Harris Technologies (LHX) Stock Price, News & Analysis

L3Harris Technologies logo
$194.80 -0.90 (-0.46%)
Closing price 02/19/2025 03:59 PM Eastern
Extended Trading
$192.94 -1.87 (-0.96%)
As of 02/19/2025 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About L3Harris Technologies Stock (NYSE:LHX)

Key Stats

Today's Range
$194.25
$200.04
50-Day Range
$194.80
$224.35
52-Week Range
$194.25
$265.74
Volume
1.51 million shs
Average Volume
1.34 million shs
Market Capitalization
$36.95 billion
P/E Ratio
24.75
Dividend Yield
2.38%
Price Target
$262.67
Consensus Rating
Moderate Buy

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.

L3Harris Technologies Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
99th Percentile Overall Score

LHX MarketRank™: 

L3Harris Technologies scored higher than 99% of companies evaluated by MarketBeat, and ranked 3rd out of 53 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    L3Harris Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 11 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.

  • Read more about L3Harris Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for L3Harris Technologies are expected to grow by 11.06% in the coming year, from $11.12 to $12.35 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of L3Harris Technologies is 24.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.23.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of L3Harris Technologies is 24.75, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 41.32.

  • Price to Earnings Growth Ratio

    L3Harris Technologies has a PEG Ratio of 2.43. 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 1.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about L3Harris Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    1.33% 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 2.3, 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 29.02%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    L3Harris Technologies pays a meaningful dividend of 2.35%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    L3Harris Technologies has been increasing its dividend for 23 years.

  • Dividend Coverage

    The dividend payout ratio of L3Harris Technologies is 58.96%. 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 37.57% next year. This indicates that L3Harris Technologies will be able to sustain or increase its dividend.

  • Read more about L3Harris Technologies' dividend.
  • Percentage of Shares Shorted

    1.33% 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 2.3, 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 29.02%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    L3Harris Technologies has a news sentiment score of 0.86. 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 0.62 average news sentiment score of Aerospace companies.
  • News Coverage This Week

    MarketBeat has tracked 18 news articles for L3Harris Technologies this week, compared to 13 articles on an average week.
  • Search Interest

    28 people have searched for LHX on MarketBeat in the last 30 days. This is an increase of 65% compared to the previous 30 days.
  • MarketBeat Follows

    19 people have added L3Harris Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 27% compared to the previous 30 days.
  • 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 $1,059,757.00 in company stock.

  • Percentage Held by Insiders

    Only 0.87% 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.

  • Read more about L3Harris Technologies' insider trading history.
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LHX Stock News Headlines

81 Nations Meet to Overthrow USD
Secret BRICS “DeDollarization” Meeting Leaked… Putin has gone as far as calling the USD a "weapon" (and he's not alone!).
L3Harris to Present at Upcoming Investor Conference
L3Harris Technologies (LHX) Gets a Buy from Citi
See More Headlines

LHX Stock Analysis - Frequently Asked Questions

L3Harris Technologies' stock was trading at $210.28 at the start of the year. Since then, LHX shares have decreased by 7.4% and is now trading at $194.80.
View the best growth stocks for 2025 here
.

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

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

L3Harris Technologies' top institutional shareholders include Vanguard Group Inc. (12.27%), Capital World Investors (5.61%), Price T Rowe Associates Inc. MD (5.09%) and Geode Capital Management LLC (2.52%). 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 and William H Swanson.
View institutional ownership trends
.

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.

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

Ex-Dividend for 12/6 Dividend
11/18/2024
Dividend Payable
12/06/2024
Last Earnings
1/30/2025
Today
2/19/2025
Next Earnings (Estimated)
4/24/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Sector
Aerospace
Industry
Search & navigation equipment
Sub-Industry
Electronic Equipment
Employees
50,000
Year Founded
1895

Price Target and Rating

Average Stock Price Target
$262.67
High Stock Price Target
$300.00
Low Stock Price Target
$229.00
Potential Upside/Downside
+34.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
16 Analysts

Profitability

Net Income
$1.50 billion
Pretax Margin
7.49%

Debt

Sales & Book Value

Annual Sales
$21.33 billion
Cash Flow
$19.88 per share
Book Value
$103.23 per share

Miscellaneous

Free Float
188,018,000
Market Cap
$36.95 billion
Optionable
Optionable
Beta
0.76

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This page (NYSE:LHX) was last updated on 2/20/2025 by MarketBeat.com Staff
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