Key Highlights:
- L3Harris Technologies (LHX, Financial) sustains a quarterly dividend payout at $1.20 per share, yielding 1.81%.
- Analysts project an average price target of $275.53, implying a potential upside of 3.77%.
- GuruFocus GF Value suggests a downside risk of 5.53% from the current stock price.
L3Harris Technologies (LHX) has reaffirmed its commitment to shareholder returns by declaring a quarterly dividend of $1.20 per share, maintaining its previous level. This results in a forward yield of 1.81%, an attractive prospect for income-focused investors. Shareholders of record by September 5 will receive this dividend, which carries the same date as its ex-dividend.
Analyst Price Targets and Recommendations
Market analysts remain moderately bullish on L3Harris Technologies Inc (LHX, Financial) with 18 experts setting a one-year average price target of $275.53. Their forecasts range from a high of $324.00 to a low of $229.00, suggesting a potential upside of 3.77% from the current market price of $265.51. For those seeking more in-depth projection data, you can access the L3Harris Technologies Inc (LHX) Forecast page.
The consensus among 24 brokerage firms positions L3Harris Technologies at an average recommendation of 2.0, which indicates an "Outperform" status. The rating system ranges from 1, representing a Strong Buy, to 5, indicating Sell.
GuruFocus GF Value and Investment Insights
GuruFocus estimates the one-year GF Value of L3Harris Technologies Inc (LHX, Financial) at $250.82, suggesting a conceivable downside of 5.53% relative to its current trading price of $265.51. The GF Value metric, a pivotal analysis tool provided by GuruFocus, offers an insight into what the fair value of the stock should be based on its historical business growth, previous trading multiples, and anticipated future performance. To explore more comprehensive data, visit the L3Harris Technologies Inc (LHX) Summary page.
