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S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
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Lemonade nears breakout, short interest surges, analysts bearish
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
ULTA stock is setting up to swing for the fences
Get ready for Christmas shopping-sprees with these 2 winners
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Charlie Munger, who helped Warren Buffett build investment powerhouse Berkshire Hathaway, dies at 99
This is a buy-the-dip opportunity in Zscaler
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Lemonade nears breakout, short interest surges, analysts bearish
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
ULTA stock is setting up to swing for the fences
Get ready for Christmas shopping-sprees with these 2 winners
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Charlie Munger, who helped Warren Buffett build investment powerhouse Berkshire Hathaway, dies at 99
This is a buy-the-dip opportunity in Zscaler
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Lemonade nears breakout, short interest surges, analysts bearish
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
ULTA stock is setting up to swing for the fences
Get ready for Christmas shopping-sprees with these 2 winners
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Charlie Munger, who helped Warren Buffett build investment powerhouse Berkshire Hathaway, dies at 99
This is a buy-the-dip opportunity in Zscaler

Carrier Global Stock Price, News & Analysis (NYSE:CARR)

$51.63
-0.51 (-0.98%)
(As of 11/28/2023 ET)
Compare
Today's Range
$51.31
$52.27
50-Day Range
$46.40
$56.03
52-Week Range
$40.28
$60.04
Volume
3.00 million shs
Average Volume
5.01 million shs
Market Capitalization
$43.32 billion
P/E Ratio
36.62
Dividend Yield
1.43%
Price Target
$57.63

Carrier Global MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
11.6% Upside
$57.63 Price Target
Short Interest
Healthy
3.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.91
Upright™ Environmental Score
News Sentiment
0.58mentions of Carrier Global in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.06%
From $2.71 to $2.82 Per Share

Overall MarketRank

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

2.40 out of 5 stars

Computer And Technology Sector

164th out of 597 stocks

Refrigeration & Heating Equipment Industry

2nd out of 3 stocks


CARR stock logo

About Carrier Global Stock (NYSE:CARR)

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, Aritech, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Toshiba, 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.

CARR Stock Price History

CARR Stock News Headlines

Johnson Controls International: Nothing but upside for investors (CARR)
Johnson Controls International is a stock with nothing but an upside, showing a solid bottom and the potential for a sharp reversal.
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
FieldEdge by Xplor Becomes a Preferred Vendor for Carrier
Credit Market Thaw Paves Way for Two New M&A Debt Deals
Sedgwick appoints Elizabeth Francy Demaret President of carrier services
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Ex-Dividend for 11/20 Dividend
10/26/2023
Dividend Payable
11/20/2023
Today
11/28/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/06/2024

Industry, Sector and Symbol

Industry
Refrigeration & heating equipment
Sub-Industry
N/A
Fax
N/A
Employees
52,000
Year Founded
1902

Price Target and Rating

Average Stock Price Target
$57.63
High Stock Price Target
$68.00
Low Stock Price Target
$48.00
Potential Upside/Downside
+11.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
16 Analysts

Profitability

Net Income
$3.53 billion
Pretax Margin
8.61%

Debt

Sales & Book Value

Annual Sales
$22.10 billion
Cash Flow
$2.80 per share
Book Value
$9.66 per share

Miscellaneous

Free Float
835,859,000
Market Cap
$43.32 billion
Optionable
Not Optionable
Beta
1.45

Social Links

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Key Executives















CARR Stock Analysis - Frequently Asked Questions

Should I buy or sell Carrier Global stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carrier Global in the last year. There are currently 3 sell ratings, 6 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 target for 2024?

16 brokerages have issued 1 year price targets for Carrier Global's shares. Their CARR share price targets range from $48.00 to $68.00. On average, they expect the company's stock price to reach $57.63 in the next twelve months. This suggests a possible upside of 11.6% 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 2023?

Carrier Global's stock was trading at $41.25 at the start of the year. Since then, CARR stock has increased by 25.2% and is now trading at $51.63.
View the best growth stocks for 2023 here
.

Are investors shorting Carrier Global?

Carrier Global saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 26,530,000 shares, a drop of 12.3% from the October 15th total of 30,240,000 shares. Based on an average daily trading volume, of 4,780,000 shares, the days-to-cover ratio is presently 5.6 days. Currently, 3.2% of the shares of the stock 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 6th 2024.
View our CARR earnings forecast
.

How were Carrier Global's earnings last quarter?

Carrier Global Co. (NYSE:CARR) announced its quarterly earnings data on Thursday, October, 26th. The company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.11. The firm earned $5.73 billion during the quarter, compared to analyst estimates of $5.89 billion. Carrier Global had a net margin of 5.43% and a trailing twelve-month return on equity of 26.60%. Carrier Global's revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.70 earnings per share.
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 12th. Investors of record on Friday, October 27th will be given a dividend of $0.185 per share on Monday, November 20th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date is Thursday, October 26th.
Read our dividend analysis for CARR
.

Is Carrier Global a good dividend stock?

Carrier Global (NYSE:CARR) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.40%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 52.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CARR will have a dividend payout ratio of 26.24% 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 updated its FY23 earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) guidance of ~$2.70 for the period, compared to the consensus EPS estimate of $2.61. The company issued revenue guidance of over $22 billion, compared to the consensus revenue estimate of $22.46 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 RTX (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).

Who are Carrier Global's major shareholders?

Carrier Global's stock is owned by many different institutional and retail investors. Top institutional investors include Fiera Capital Corp (1.22%), Morgan Stanley (1.10%), Northern Trust Corp (1.07%), Bank of New York Mellon Corp (0.80%), FMR LLC (0.79%) and Legal & General Group Plc (0.67%). Insiders that own company stock include Ajay Agrawal, David Appel, Jurgen Timperman, Kyle Crockett and Nadia Villeneuve.
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.

This page (NYSE:CARR) was last updated on 11/29/2023 by MarketBeat.com Staff

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