Caterpillar Stock Forecast, Price & News

Caterpillar's stock was trading at $100.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CAT stock has increased by 73.4% and is now trading at $174.63.
View which stocks have been most impacted by COVID-19.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caterpillar in the last year. There are currently 3 sell ratings, 9 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Caterpillar.

Wall Street analysts have given Caterpillar a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Caterpillar wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Caterpillar is scheduled to release its next quarterly earnings announcement on Friday, January 29th 2021.
View our earnings forecast for Caterpillar.

Caterpillar Inc. (NYSE:CAT) issued its quarterly earnings results on Tuesday, October, 27th. The industrial products company reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.19. The industrial products company earned $9.88 billion during the quarter, compared to the consensus estimate of $9.78 billion. Caterpillar had a return on equity of 25.24% and a net margin of 7.60%. The business's quarterly revenue was down 22.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.66 EPS.
View Caterpillar's earnings history.

Caterpillar announced a quarterly dividend on Wednesday, October 14th. Stockholders of record on Monday, October 26th will be given a dividend of $1.03 per share on Friday, November 20th. This represents a $4.12 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Friday, October 23rd.
View Caterpillar's dividend history.

23 brokers have issued 1 year price objectives for Caterpillar's stock. Their forecasts range from $80.00 to $220.00. On average, they anticipate Caterpillar's share price to reach $151.06 in the next year. This suggests that the stock has a possible downside of 13.5%.
View analysts' price targets for Caterpillar.

Caterpillar saw a drop in short interest in the month of October. As of October 30th, there was short interest totaling 6,770,000 shares, a drop of 21.6% from the October 15th total of 8,640,000 shares. Based on an average daily volume of 3,470,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.3% of the company's shares are sold short.
View Caterpillar's Short Interest.

Some companies that are related to Caterpillar include Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), Wabtec (WAB), The Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Navistar International (NAV), Trinity Industries (TRN), Terex (TEX), Meritor (MTOR), Federal Signal (FSS), Alamo Group (ALG), Astec Industries (ASTE) and Lindsay (LNN).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Caterpillar investors own include The Boeing (BA), NVIDIA (NVDA), Johnson & Johnson (JNJ), Intel (INTC), AT&T (T), JPMorgan Chase & Co. (JPM), The Walt Disney (DIS), Cisco Systems (CSCO), Verizon Communications (VZ) and Netflix (NFLX).

Caterpillar trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAT."

Caterpillar's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (7.92%), BlackRock Inc. (6.57%), Sanders Capital LLC (1.16%), Fisher Asset Management LLC (1.10%), Morgan Stanley (0.80%) and Nuveen Asset Management LLC (0.77%). Company insiders that own Caterpillar stock include Denise C Johnson, Gary Michael Marvel, Lange Bob De, Suzette M Long and William P Ainsworth.
View institutional ownership trends for Caterpillar.

CAT stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, LSV Asset Management, BlackRock Inc., State of Tennessee Treasury Department, American International Group Inc., Aptus Capital Advisors LLC, AQR Capital Management LLC, and Charles Schwab Investment Management Inc.. Company insiders that have sold Caterpillar company stock in the last year include Denise C Johnson, Gary Michael Marvel, Lange Bob De, Suzette M Long, and William P Ainsworth.
View insider buying and selling activity for Caterpillar.

CAT stock was bought by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Nuveen Asset Management LLC, Boston Partners, Congress Asset Management Co. MA, TD Asset Management Inc., AMF Pensionsforsakring AB, Fisher Asset Management LLC, and Artemis Investment Management LLP.
View insider buying and selling activity for Caterpillar.

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

One share of CAT stock can currently be purchased for approximately $174.63.

Caterpillar has a market capitalization of $94.87 billion and generates $53.80 billion in revenue each year. The industrial products company earns $6.09 billion in net income (profit) each year or $11.06 on an earnings per share basis. Caterpillar employs 102,300 workers across the globe.

The official website for Caterpillar is www.caterpillar.com.

Caterpillar's mailing address is 510 Lake Cook Road Suite 100, Deerfield IL, 60015. The industrial products company can be reached via phone at 224-551-4000 or via email at [email protected]