Free Trial
NYSE:CARR

Carrier Global (CARR) Stock Price, News & Analysis

$66.77
+1.94 (+2.99%)
(As of 07/26/2024 ET)
Today's Range
$65.62
$67.78
50-Day Range
$61.27
$69.89
52-Week Range
$45.68
$70.09
Volume
4.35 million shs
Average Volume
4.47 million shs
Market Capitalization
$60.16 billion
P/E Ratio
46.69
Dividend Yield
1.14%
Price Target
$64.93

Carrier Global MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
1.7% Downside
$65.64 Price Target
Short Interest
Healthy
1.55% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.91
Upright™ Environmental Score
News Sentiment
0.36mentions of Carrier Global in the last 14 days
Based on 45 Articles This Week
Insider Trading
Selling Shares
$16.65 M Sold Last Quarter
Proj. Earnings Growth
7.02%
From $2.85 to $3.05 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.69 out of 5 stars

Computer And Technology Sector

74th out of 612 stocks

Refrigeration & Heating Equipment Industry

1st out of 4 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 in the United States, Europe, the Asia Pacific, and internationally. 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, heat pumps, 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. This segment also offers fire and security service, such as audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. It 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. Carrier Global Corporation was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.

CARR Stock Price History

CARR Stock News Headlines

Carpenter setting Trusses for the roof of a house
Falling Inflation Sparks Optimism for These 3 Home Builder Stocks (CARR)
Declining inflation is creating compelling investment opportunities in the recovering homebuilding sector.
air conditioning units
Investing in Cooling Technologies: 3 Top Stocks to Beat the Heat
As global temperatures rise, so too does the demand for cooling technologies. This demand creates a market for solutions that keep things cool, encompassing everything from residential air conditioners to sophisticated commercial refrigeration systems.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
air conditioning units
Investing in Cooling Technologies: 3 Top Stocks to Beat the Heat (CARR)
The cooling technologies sector offers long-term investment potential driven by climate change, energy efficiency, and rising global demand.
Carrier: Some Parts Are Hotter Than Others
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Carrier Global 2Q Up, But 2024 Sales Projection Slashed
See More Headlines
Receive CARR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Carrier Global and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 5/22 Dividend
5/02/2024
Dividend Payable
5/22/2024
Ex-Dividend for 8/8 Dividend
6/21/2024
Last Earnings
7/25/2024
Today
7/26/2024
Dividend Payable
8/08/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Refrigeration & heating equipment
Sub-Industry
N/A
Fax
N/A
Employees
53,000
Year Founded
1902

Price Target and Rating

Average Stock Price Target
$65.64
High Stock Price Target
$81.00
Low Stock Price Target
$53.00
Potential Upside/Downside
-2.8%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
15 Analysts

Profitability

Net Income
$1.35 billion
Pretax Margin
8.30%

Debt

Sales & Book Value

Annual Sales
$22.10 billion
Cash Flow
$3.46 per share
Book Value
$10.73 per share

Miscellaneous

Free Float
838,392,000
Market Cap
$60.16 billion
Optionable
Not Optionable
Beta
1.32

Social Links

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.

Get This Free Report

Key Executives

Should I Buy Carrier Global Stock? CARR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Carrier Global Co.:

  • Carr's Group plc engages in the agriculture and engineering businesses, providing a diversified portfolio for investors.
  • Carrier Global Corporation offers a range of technologies in HVAC, refrigeration, fire, security, and building automation, catering to various industries and markets.

Cons

Investors should be bearish about investing in Carrier Global Co. for these reasons:

  • One reason should include the current stock price, which is not provided in the query results.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Carrier Global pros and cons to contact@marketbeat.com.

CARR Stock Analysis - Frequently Asked Questions

How have CARR shares performed this year?

Carrier Global's stock was trading at $57.45 at the beginning of the year. Since then, CARR shares have increased by 16.2% and is now trading at $66.77.
View the best growth stocks for 2024 here
.

How were Carrier Global's earnings last quarter?

Carrier Global Co. (NYSE:CARR) released its quarterly earnings data on Thursday, July, 25th. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.02. The business's revenue was up 11.7% on a year-over-year basis.

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.

Who are Carrier Global's major shareholders?

Top institutional investors of Carrier Global include PineStone Asset Management Inc. (0.71%), Bank of New York Mellon Corp (0.65%), Sumitomo Mitsui Trust Holdings Inc. (0.20%) and Raymond James & Associates (0.12%). Insiders that own company stock include David L Gitlin, Ajay Agrawal, Nadia Villeneuve, Kyle Crockett, David Appel and Jurgen Timperman.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Carrier Global own?

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

This page (NYSE:CARR) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners