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Carpenter Technology (CRS) Stock Price, News & Analysis

Carpenter Technology logo
$434.10 -4.22 (-0.96%)
Closing price 05/22/2026 03:59 PM Eastern
Extended Trading
$436.38 +2.28 (+0.52%)
As of 05/22/2026 07:37 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)

Advanced

Key Stats

Today's Range
$431.13
$442.86
50-Day Range
$362.00
$458.52
52-Week Range
$219.58
$475.69
Volume
545,439 shs
Average Volume
641,200 shs
Market Capitalization
$21.57 billion
P/E Ratio
45.69
Dividend Yield
0.18%
Price Target
$441.00
Consensus Rating
Moderate Buy

Company Overview

Carpenter Technology Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
82nd Percentile Overall Score

CRS MarketRank™: 

Carpenter Technology scored higher than 82% of companies evaluated by MarketBeat, and ranked 51st out of 181 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 2.82, and is based on no strong buy ratings, 9 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Carpenter Technology is close to its current price, suggesting limited near-term upside or downside.

  • 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 17.06% in the coming year, from $10.49 to $12.28 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Carpenter Technology is 45.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 43.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Carpenter Technology is 45.69, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.33.

  • Price to Earnings Growth Ratio

    Carpenter Technology has a PEG Ratio of 1.61. 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 10.43. 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

    3.53% 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 2.16, 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 8.17%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Carpenter Technology has a dividend yield of 0.18%, 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 6.51% 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 1.17. 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 0.56 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 23 news articles for Carpenter Technology this week, compared to 6 articles on an average week.
  • Search Interest

    Only 8 people have searched for CRS on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
  • MarketBeat Follows

    22 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 $11,722,687.00 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

Carpenter Technology: This Stock Will Melt Up
June 12: $100 Turns Into $100,000?
The SpaceX IPO is scheduled for June 12, and former tech executive Jeff Brown - who identified Bitcoin, Tesla, and Nvidia before major runs - says the window to get in early is closing fast. Brown is showing investors how to claim a stake in Elon Musk's company before it hits the public markets. Once the IPO happens, this pre-public opportunity disappears.tc pixel
Carpenter: Waiting For A Dip
See More Headlines

CRS Stock Analysis - Frequently Asked Questions

Carpenter Technology's stock was trading at $314.75 at the start of the year. Since then, CRS stock has increased by 37.9% and is now trading at $434.0980.

Carpenter Technology Corporation (NYSE:CRS) announced its quarterly earnings results 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. The firm's quarterly revenue was up 11.6% compared to the same quarter last year.
Read the conference call transcript
.

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

Carpenter Technology's top institutional shareholders 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 3/5 Dividend
1/27/2026
Ex-Dividend for 3/5 Dividend
1/27/2026
Dividend Payable
3/05/2026
Record date for 6/4 Dividend
4/28/2026
Ex-Dividend for 6/4 Dividend
4/28/2026
Last Earnings
4/29/2026
Today
5/24/2026
Dividend Payable
6/04/2026
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
$300.00
Potential Upside/Downside
+1.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
11 Analysts

Profitability

EPS (Trailing Twelve Months)
$9.50
Trailing P/E Ratio
45.69
Forward P/E Ratio
41.38
P/E Growth
1.61
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
7.50
Cash Flow
$10.40 per share
Price / Cash Flow
41.73
Book Value
$41.61 per share
Price / Book
10.43

Miscellaneous

Outstanding Shares
49,690,000
Free Float
48,245,000
Market Cap
$21.57 billion
Optionable
Optionable
Beta
1.24

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This page (NYSE:CRS) was last updated on 5/24/2026 by MarketBeat.com Staff.
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