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Carpenter Technology (CRS) Stock Price, News & Analysis

Carpenter Technology logo
$477.32 -13.26 (-2.70%)
As of 08/28/2026 03:58 PM Eastern

About Carpenter Technology Stock (NYSE:CRS)

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Key Stats

Today's Range
$476.04
$490.16
50-Day Range
$477.32
$618.71
52-Week Range
$228.00
$625.98
Volume
393,412 shs
Average Volume
578,388 shs
Market Capitalization
$23.66 billion
P/E Ratio
45.37
Dividend Yield
0.17%
Price Target
$577.25
Consensus Rating
Buy

Company Overview

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

Carpenter Technology Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
96th Percentile Overall Score

CRS MarketRank™: 

Carpenter Technology scored higher than 96% of companies evaluated by MarketBeat, and ranked 70th out of 671 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Carpenter Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, 8 buy ratings, 1 hold rating, and no sell ratings.

  • Upside Potential

    Carpenter Technology has a consensus price target of $577.25, representing about 20.9% upside from its current price of $477.32.

  • Amount of Analyst Coverage

    Carpenter Technology has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Carpenter Technology's stock forecast and price target.
  • Earnings Growth

    Earnings for Carpenter Technology are expected to grow by 19.56% in the coming year, from $13.09 to $15.65 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Carpenter Technology is 45.37, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 45.16.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Carpenter Technology is 45.37, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 26.37.

  • Price to Earnings Growth Ratio

    Carpenter Technology has a PEG Ratio of 1.71. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Carpenter Technology has a P/B Ratio of 10.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Carpenter Technology's valuation and earnings.
  • Percentage of Shares Shorted

    3.11% of the float of Carpenter Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    Carpenter Technology 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 Carpenter Technology has recently decreased by 38.57%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Carpenter Technology has a dividend yield of 0.17%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Carpenter Technology does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Carpenter Technology is 7.60%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Carpenter Technology will have a dividend payout ratio of 5.11% next year. This indicates that Carpenter Technology will be able to sustain or increase its dividend.

  • Read more about Carpenter Technology's dividend.
  • News Sentiment

    Carpenter Technology has a news sentiment score of 1.21. 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 0.84 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 50 news articles for Carpenter Technology this week, compared to 7 articles on an average week.
  • Search Interest

    Only 6 people have searched for CRS on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • MarketBeat Follows

    33 people have added Carpenter Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 371% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Carpenter Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $53,091,824.00 in company stock.

  • Percentage Held by Insiders

    2.90% of the stock of Carpenter Technology is held by insiders.

  • Percentage Held by Institutions

    92.03% of the stock of Carpenter Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Carpenter Technology's insider trading history.
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CRS Stock News Headlines

Major Buy Alert Issued for August 31st
Keith Kaplan has invested $17 million into his own AI research tools, building a platform now used by 180,000 people worldwide. His system has flagged a handful of stocks worth watching ahead of August 31st. See which stocks his AI research platform is flagging right now.tc pixel
FY2029 Earnings Forecast for CRS Issued By Zacks Research
What is Zacks Research's Forecast for CRS Q1 Earnings?
See More Headlines

CRS Stock Analysis - Frequently Asked Questions

Carpenter Technology's stock was trading at $314.75 on January 1st, 2026. Since then, CRS shares have increased by 51.7% and is now trading at $477.32.

Carpenter Technology Corporation (NYSE:CRS) announced its earnings results on Thursday, July, 30th. The basic materials company reported $3.23 EPS for the quarter, beating the consensus estimate of $3.09 by $0.14. Carpenter Technology's revenue was up 12.6% compared to the same quarter last year.
Read the conference call transcript
.

Carpenter Technology's Board of Directors approved a share buyback plan on Thursday, April 24th 2025, which allows the company to buy back $400,000,000 in shares, according to EventVestor. This means that the company could purchase up to 4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

Carpenter Technology's top institutional investors include California State Teachers Retirement System (68.39%), BlackRock Inc. (12.51%), SurgoCap Partners LP (1.38%) and Wellington Management Group LLP (1.02%). Insiders that own company stock include Steven E Karol, Brian J Malloy, James D Dee, Tony R Thene, Marshall D Akins, Elizabeth A Socci, I Martin Inglis, Charles Douglas Mclane Jr, Ramin Younessi and Anastasios John Hart.
View institutional ownership trends
.

Shares of CRS 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 Carpenter Technology investors own include Humana (HUM), American Water Works (AWK), NVIDIA (NVDA), Voyager Therapeutics (VYGR), TotalEnergies (TTE), Waste Connections (WCN) and The RMR Group (RMR).

Company Calendar

Record date for 6/4 Dividend
4/28/2026
Ex-Dividend for 6/4 Dividend
4/28/2026
Dividend Payable
6/04/2026
Last Earnings
7/30/2026
Record date for 9/3 Dividend
8/25/2026
Ex-Dividend for 9/3 Dividend
8/25/2026
Today
8/30/2026
Dividend Payable
9/03/2026
Next Earnings (Estimated)
10/22/2026
Fiscal Year End
6/30/2027

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Aerospace & Defense
Sub-Industry
Aerospace & Defense
Current Symbol
NYSE:CRS
CIK
17843
Employees
4,500
Year Founded
1889

Price Target and Rating

High Price Target
$700.00
Low Price Target
$400.00
Potential Upside/Downside
+20.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

EPS (Trailing Twelve Months)
$10.52
Trailing P/E Ratio
44.28
Forward P/E Ratio
36.46
P/E Growth
1.71
Net Income
$529.80 million
Net Margins
16.96%
Pretax Margin
21.00%
Return on Equity
26.46%
Return on Assets
15.02%

Debt

Debt-to-Equity Ratio
0.31
Current Ratio
3.81
Quick Ratio
2.23

Sales & Book Value

Annual Sales
$3.12 billion
Price / Sales
7.57
Cash Flow
$13.89 per share
Price / Cash Flow
34.36
Book Value
$44.83 per share
Price / Book
10.65

Miscellaneous

Outstanding Shares
49,560,000
Free Float
48,122,000
Market Cap
$23.66 billion
Optionable
Optionable
Beta
1.25

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This page (NYSE:CRS) was last updated on 8/30/2026 by MarketBeat.com Staff.
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