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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NYSE:CARR

Carrier Global - CARR Stock Forecast, Price & News

$44.93
+0.61 (+1.38%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$44.40
$45.22
50-Day Range
$34.06
$44.93
52-Week Range
$33.10
$57.69
Volume
4.31 million shs
Average Volume
4.76 million shs
Market Capitalization
$37.57 billion
P/E Ratio
10.85
Dividend Yield
1.35%
Price Target
$45.50

Carrier Global MarketRank™ Forecast

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
1.3% Upside
$45.50 Price Target
Short Interest
Healthy
0.81% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.35
Upright™ Environmental Score
News Sentiment
0.32mentions of Carrier Global in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$4.47 M Sold Last Quarter
Proj. Earnings Growth
7.69%
From $2.34 to $2.52 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Computer And Technology Sector

104th out of 635 stocks

Refrigeration & Heating Equipment Industry

1st out of 4 stocks

CARR stock logo

About Carrier Global (NYSE:CARR) Stock

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its other fire and security service offerings comprise audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. The company offers its products under the Autronica, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.

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CARR Stock News Headlines

YIKES! 220 Pounds of Graphite in Each EV Battery?
Most don't know that today's EV batteries contain more graphite than any other essential ingredient... more than lithium, copper or aluminum! The megatrend of electrifying vehicles only adds to graphite demand, expected to skyrocket 1,050% by 2030. Investors have been frustrated in their search for a Made In America solution – until now.
YIKES! 220 Pounds of Graphite in Each EV Battery?
Most don't know that today's EV batteries contain more graphite than any other essential ingredient... more than lithium, copper or aluminum! The megatrend of electrifying vehicles only adds to graphite demand, expected to skyrocket 1,050% by 2030. Investors have been frustrated in their search for a Made In America solution – until now.
Analysts Set Carrier Global Co. (NYSE:CARR) Price Target at $45.50
See More Headlines
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CARR Company Calendar

Last Earnings
10/27/2022
Ex-Dividend for 11/21 Dividend
10/27/2022
Dividend Payable
11/21/2022
Today
12/02/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/14/2023

Industry, Sector and Symbol

Industry
Refrigeration & heating equipment
Sub-Industry
N/A
Fax
N/A
Employees
58,000
Year Founded
1902

Price Target and Rating

Average Stock Price Forecast
$45.50
High Stock Price Forecast
$57.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+1.3%
Consensus Rating
Hold
Rating Score (0-4)
2.47
Research Coverage
15 Analysts

Profitability

Net Income
$1.66 billion
Pretax Margin
21.13%

Debt

Sales & Book Value

Annual Sales
$20.61 billion
Cash Flow
$2.80 per share
Book Value
$8.92 per share

Miscellaneous

Free Float
834,254,000
Market Cap
$37.57 billion
Optionable
Not Optionable
Beta
1.32

Social Links


Key Executives

  • Mr. David L. GitlinMr. David L. Gitlin (Age 53)
    Chairman & CEO
    Comp: $5.83M
  • Mr. Patrick P. Goris (Age 50)
    Sr. VP & CFO
    Comp: $2.28M
  • Mr. Christopher John Nelson (Age 52)
    Pres of HVAC
    Comp: $2.04M
  • Mr. Jurgen TimpermanMr. Jurgen Timperman (Age 49)
    Pres of Fire & Security
    Comp: $1.53M
  • Mr. Timothy N. White (Age 49)
    Pres of Refrigeration Segment
    Comp: $2.35M
  • Mr. Hakan Yilmaz
    Sr. VP & CTO
  • Mr. Samuel Joel Pearlstein
    VP of Investor Relations
  • Mr. Kevin James O'Connor (Age 54)
    Sr. VP & Chief Legal Officer
  • Ms. Mary Milmoe
    VP of Communications & Marketing
  • Ms. Nadia Villeneuve (Age 49)
    Sr. VP & Chief HR Officer













CARR Stock - Frequently Asked Questions

Should I buy or sell Carrier Global stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carrier Global in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CARR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CARR, but not buy additional shares or sell existing shares.
View CARR analyst ratings
or view top-rated stocks.

What is Carrier Global's stock price forecast for 2023?

15 Wall Street analysts have issued 1-year price targets for Carrier Global's shares. Their CARR share price forecasts range from $38.00 to $57.00. On average, they predict the company's stock price to reach $45.50 in the next year. This suggests a possible upside of 1.3% from the stock's current price.
View analysts price targets for CARR
or view top-rated stocks among Wall Street analysts.

How have CARR shares performed in 2022?

Carrier Global's stock was trading at $54.24 on January 1st, 2022. Since then, CARR shares have decreased by 17.2% and is now trading at $44.93.
View the best growth stocks for 2022 here
.

Are investors shorting Carrier Global?

Carrier Global saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 6,760,000 shares, a drop of 12.7% from the October 31st total of 7,740,000 shares. Based on an average trading volume of 4,490,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.8% of the shares of the company are sold short.
View Carrier Global's Short Interest
.

When is Carrier Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our CARR earnings forecast
.

How were Carrier Global's earnings last quarter?

Carrier Global Co. (NYSE:CARR) announced its earnings results on Thursday, October, 27th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.05. The firm had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.44 billion. Carrier Global had a net margin of 17.55% and a trailing twelve-month return on equity of 28.45%.
Read the conference call transcript
.

How often does Carrier Global pay dividends? What is the dividend yield for Carrier Global?

Carrier Global declared a quarterly dividend on Thursday, October 13th. Shareholders of record on Friday, October 28th will be paid a dividend of $0.15 per share on Monday, November 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, October 27th.
Read our dividend analysis for CARR
.

Is Carrier Global a good dividend stock?

Carrier Global (NYSE:CARR) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.35%. The company has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 14.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CARR will have a dividend payout ratio of 23.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CARR.

What guidance has Carrier Global issued on next quarter's earnings?

Carrier Global issued an update on its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share guidance of $2.30-$2.35 for the period, compared to the consensus EPS estimate of $2.32. The company issued revenue guidance of $20.40 billion-$20.40 billion, compared to the consensus revenue estimate of $20.54 billion.

What is David Gitlin's approval rating as Carrier Global's CEO?

1,551 employees have rated Carrier Global Chief Executive Officer David Gitlin on Glassdoor.com. David Gitlin has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Carrier Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carrier Global investors own include Raytheon Technologies (RTX), Johnson & Johnson (JNJ), AT&T (T), Procter & Gamble (PG), Pfizer (PFE), QUALCOMM (QCOM), Cisco Systems (CSCO), Verizon Communications (VZ), CVS Health (CVS) and Intel (INTC).

What is Carrier Global's stock symbol?

Carrier Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "CARR."

Who are Carrier Global's major shareholders?

Carrier Global's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.09%), BlackRock Inc. (6.96%), State Street Corp (3.94%), Nuveen Asset Management LLC (2.05%), Fiera Capital Corp (1.52%) and Dimensional Fund Advisors LP (0.88%). Insiders that own company stock include Ajay Agrawal, David Appel, David L Gitlin, John J Greisch, Jurgen Timperman, Kevin J O'connor and Kyle Crockett.
View institutional ownership trends
.

How do I buy shares of Carrier Global?

Shares of CARR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Carrier Global's stock price today?

One share of CARR stock can currently be purchased for approximately $44.93.

How much money does Carrier Global make?

Carrier Global (NYSE:CARR) has a market capitalization of $37.57 billion and generates $20.61 billion in revenue each year. The company earns $1.66 billion in net income (profit) each year or $4.14 on an earnings per share basis.

How many employees does Carrier Global have?

The company employs 58,000 workers across the globe.

How can I contact Carrier Global?

Carrier Global's mailing address is 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL, 33418. The official website for the company is www.corporate.carrier.com. The company can be reached via phone at 561-365-2000 or via email at investorrelations@carrier.com.

This page (NYSE:CARR) was last updated on 12/2/2022 by MarketBeat.com Staff