Carrier Global (CARR) Stock Price, News & Analysis

Company Overview

Carrier Global Corporation (NYSE:CARR) is a global provider of intelligent climate and energy solutions. The company develops and manufactures heating, ventilation and air-conditioning (HVAC) systems, refrigeration equipment, building automation technologies and related controls and services for residential, commercial and industrial customers.

Its offerings include air conditioners, heat pumps, furnaces, boilers, chillers, ventilation systems, refrigeration systems and building management solutions. Carrier also provides equipment maintenance, repair, replacement and other aftermarket services designed to improve building comfort, efficiency and indoor air quality.

Carrier traces its origins to 1915, when Willis Carrier invented modern air conditioning. The company became an independent publicly traded business in 2020 following its separation from United Technologies Corporation. Based in Palm Beach Gardens, Florida, Carrier serves customers through operations and distribution networks spanning North America, Europe, Asia and other international markets.

Key Stats

• Today's Range: $54.68 to $55.84
• 50-Day Range: $53.87 to $63.58
• 52-Week Range: $50.24 to $76.76
• Volume: 6.57 million shs
• Average Volume: 6.26 million shs
• Market Capitalization: $45.26 billion
• P/E Ratio: 38.13
• Dividend Yield: 1.75%
• Price Target: $70.43
• Consensus Rating: Moderate Buy

Carrier Global Stock Analysis - MarketRank™

Carrier Global scored higher than 93% of companies evaluated by MarketBeat, and ranked 103rd out of 657 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Carrier Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.52, and is based on no strong buy ratings, 11 buy ratings, 10 hold ratings, and no sell ratings.

Upside Potential

Carrier Global has a consensus price target of $70.43, representing about 28.3% upside from its current price of $54.90.

Amount of Analyst Coverage

Carrier Global has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 14.29%

Earnings Growth

Earnings for Carrier Global are expected to grow by 14.29% in the coming year, from $2.87 to $3.28 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Carrier Global is 38.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.31.

Price to Earnings Ratio vs. Sector

The P/E ratio of Carrier Global is 38.13, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 26.59.

Price to Earnings Growth Ratio

Carrier Global has a PEG Ratio of 1.88. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Carrier Global has a P/B Ratio of 3.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.83% of the float of Carrier Global has been sold short.

Short Interest Ratio / Days to Cover

Carrier Global has a short interest ratio ("days to cover") of 2.76, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Carrier Global has recently increased by 37.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Carrier Global pays a meaningful dividend of 1.75%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Carrier Global has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of Carrier Global is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Carrier Global will have a dividend payout ratio of 29.27% next year. This indicates that Carrier Global will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.72

News Sentiment

Carrier Global has a news sentiment score of 0.72. 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 0.50 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Carrier Global this week, compared to 6 articles on an average week.

Search Interest

Only 15 people have searched for CARR on MarketBeat in the last 30 days. This is a decrease of -32% compared to the previous 30 days.

MarketBeat Follows

7 people have added Carrier Global to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Carrier Global insiders have not sold or bought any company stock.

Percentage Held by Insiders

6.47% of the stock of Carrier Global is held by insiders.

Percentage Held by Institutions

91.00% of the stock of Carrier Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 8/10 Dividend: 7/21/2026
• Ex-Dividend for 8/10 Dividend: 7/21/2026
• Last Earnings: 7/28/2026
• Dividend Payable: 8/10/2026
• Today: 10/18/2026
• Record date for 11/18 Dividend: 10/29/2026
• Ex-Dividend for 11/18 Dividend: 10/29/2026
• Next Earnings (Estimated): 10/29/2026
• Dividend Payable: 11/18/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Building Products
• Sub-Industry: Building Products
• Current Symbol: NYSE:CARR
• CIK: 1783180
• Web: www.corporate.carrier.com
• Phone: 561-365-2000
• Fax: N/A
• Employees: 47,000
• Year Founded: 1902

Price Target and Rating

• Average Price Target for Carrier Global: $70.43
• High Price Target: $85.00
• Low Price Target: $60.00
• Potential Upside/Downside: +28.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.52
• Research Coverage: 21 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.44
• Trailing P/E Ratio: 38.13
• Forward P/E Ratio: 19.13
• P/E Growth: 1.88
• Net Income: $1.48 billion
• Net Margins: 5.52%
• Pretax Margin: 6.01%
• Return on Equity: 14.68%
• Return on Assets: 5.51%

Debt

• Debt-to-Equity Ratio: 0.77
• Current Ratio: 1.02
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $22.11 billion
• Price / Sales: 2.05
• Cash Flow: $4.18 per share
• Price / Cash Flow: 13.12
• Book Value: $16.90 per share
• Price / Book: 3.25

Miscellaneous

• Outstanding Shares: 824,325,000
• Free Float: 770,991,000
• Market Cap: $45.26 billion
• Optionable: Not Optionable
• Beta: 1.29