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NYSE:CRS

Carpenter Technology (CRS) Stock Price, News & Analysis

Carpenter Technology logo
$524.90 +1.13 (+0.22%)
Closing price 03:59 PM Eastern
Extended Trading
$522.50 -2.40 (-0.46%)
As of 07:31 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 Massive. Learn more.

About Carpenter Technology Stock (NYSE:CRS)

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Key Stats

Today's Range
$515.17
$537.41
50-Day Range
$371.69
$523.45
52-Week Range
$228.00
$537.41
Volume
795,774 shs
Average Volume
758,508 shs
Market Capitalization
$26.08 billion
P/E Ratio
55.25
Dividend Yield
0.15%
Price Target
$458.63
Consensus Rating
Moderate Buy

Company Overview

Carpenter Technology Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
71st Percentile Overall Score

CRS MarketRank™: 

Carpenter Technology scored higher than 71% of companies evaluated by MarketBeat, and ranked 85th out of 180 stocks in the basic materials 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 Moderate Buy. The company's average rating score is 2.80, and is based on no strong buy ratings, 8 buy ratings, 2 hold ratings, and no sell ratings.

  • Downside Risk

    Carpenter Technology has a consensus price target of $458.63, representing about 12.6% downside from its current price of $524.90.

  • 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 16.59% in the coming year, from $10.55 to $12.30 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Carpenter Technology is 55.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.69.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Carpenter Technology is 55.25, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 21.48.

  • Price to Earnings Growth Ratio

    Carpenter Technology has a PEG Ratio of 1.85. 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 13.85. 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

    3.63% 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 2.97, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Carpenter Technology has recently increased by 6.63%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Carpenter Technology has a dividend yield of 0.16%, 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 8.42%. 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 6.50% 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 1.26. 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 0.54 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 27 news articles for Carpenter Technology this week, compared to 6 articles on an average week.
  • Search Interest

    Only 12 people have searched for CRS on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.
  • MarketBeat Follows

    20 people have added Carpenter Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $5,532,563.00 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

The tiny chipmaker set to supply Musk 5 billion chips
SpaceX and xAI just completed a $1.25 trillion merger - and Musk may no longer need data centers from Microsoft, Amazon, or Google. Tech expert and angel investor Jeff Brown has identified one chipmaker, 148 times smaller than NVIDIA, that is set to supply Musk with 5 billion chips over the next two years. Brown brings decades of senior executive experience at Qualcomm, Juniper Networks, and NXP Semiconductors to this call.tc pixel
Carpenter Technology: This Stock Will Melt Up
See More Headlines

CRS Stock Analysis - Frequently Asked Questions

Carpenter Technology's stock was trading at $314.75 at the beginning of the year. Since then, CRS stock has increased by 66.8% and is now trading at $524.8970.

Carpenter Technology Corporation (NYSE:CRS) released its quarterly earnings data on Wednesday, April, 29th. The basic materials company reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.18. Carpenter Technology's revenue was up 11.6% on a year-over-year basis.
Read the conference call transcript
.

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

Carpenter Technology's top institutional investors include Jennison Associates LLC (1.62%), Bank of America Corp DE (1.05%), WCM Investment Management LLC (0.96%) and Allspring Global Investments Holdings LLC (0.93%). Insiders that own company stock include Tony R Thene, Steven E Karol, Brian J Malloy, James D Dee, Marshall D Akins, Elizabeth A Socci, I Martin Inglis, Charles Douglas Mclane Jr 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
Last Earnings
4/29/2026
Dividend Payable
6/04/2026
Today
6/10/2026
Fiscal Year End
6/30/2026
Next Earnings (Estimated)
7/30/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
STEEL - SPECIALTY
Sub-Industry
Steel
Current Symbol
NYSE:CRS
CIK
17843
Employees
4,500
Year Founded
1889

Price Target and Rating

High Price Target
$500.00
Low Price Target
$400.00
Potential Upside/Downside
-12.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

EPS (Trailing Twelve Months)
$9.50
Trailing P/E Ratio
55.25
Forward P/E Ratio
49.75
P/E Growth
1.85
Net Income
$376 million
Net Margins
15.82%
Pretax Margin
19.50%
Return on Equity
25.02%
Return on Assets
13.96%

Debt

Debt-to-Equity Ratio
0.33
Current Ratio
3.73
Quick Ratio
2.08

Sales & Book Value

Annual Sales
$2.88 billion
Price / Sales
9.07
Cash Flow
$10.94 per share
Price / Cash Flow
47.97
Book Value
$37.91 per share
Price / Book
13.85

Miscellaneous

Outstanding Shares
49,690,000
Free Float
48,245,000
Market Cap
$26.08 billion
Optionable
Optionable
Beta
1.25

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This page (NYSE:CRS) was last updated on 6/10/2026 by MarketBeat.com Staff.
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