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NYSE:CR

Crane (CR) Stock Price, News & Analysis

$146.70
-1.24 (-0.84%)
(As of 10:22 AM ET)
Today's Range
$146.70
$148.49
50-Day Range
$129.15
$149.63
52-Week Range
$72.02
$150.01
Volume
7,963 shs
Average Volume
239,524 shs
Market Capitalization
$8.39 billion
P/E Ratio
19.43
Dividend Yield
0.56%
Price Target
$139.50

Crane MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
5.7% Downside
$139.50 Price Target
Short Interest
Healthy
1.31% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.91
Upright™ Environmental Score
News Sentiment
-0.09mentions of Crane in the last 14 days
Based on 33 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.89%
From $7.87 to $8.57 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.

3.92 out of 5 stars

Industrials Sector

1st out of 8 stocks

Specialty Industrial Machinery Industry

1st out of 1 stocks

CR stock logo

About Crane Stock (NYSE:CR)

Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts for commercial aerospace, as well as the military aerospace, defense, and space markets. This segment also offers pressure sensors for aircraft engine control, aircraft braking systems for commercial aircraft and fighter jets, power conversion solutions for spacecraft, and lubrication systems. The Process Flow Technologies segment provides engineered fluid handling equipment for mission-critical applications. It offers process valves and related products, such as lined pipe, fittings and hoses, air-operated diaphragm and peristaltic pumps, instrumentation and sampling systems, valve positioning and control systems, and valve diagnostic and calibration systems; commercial valves; and pumps and systems. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils for use in the manufacturing of recreational vehicles, as well as in commercial and industrial building applications. This segment sells directly to RV, trailer, and truck manufacturers, as well as through distributors and retailers. The company provides its products and solutions to end markets, including commercial and military aerospace, defense, and space; chemical and pharmaceutical production; water and wastewater; non-residential and municipal construction; energy; and other general industrial and consumer-related applications. The company was formerly known as Crane Holdings, Co. Crane Company was founded in 1855 and is based in Stamford, Connecticut.

CR Stock Price History

CR Stock News Headlines

Crane Stock's Quarter On-Track For a Bullish Year?
The first quarter of the 2024 earnings season has kicked off. This quarter is typically regarded as giving investors the initial pulse of the economy for the rest of the year.
Crane Stock's Quarter On-Track For a Bullish Year? (CR)
Crane stock's first quarter earnings showed investors why this stock earned Wall Street's love; it's valued over competitors with bullish price action
Crane (NYSE:CR) Given New $152.00 Price Target at UBS Group
Stifel Nicolaus Reiterates Buy Rating for Crane (NYSE:CR)
US Hits China with 25% Crane Tariff
Mark Crane
See More Headlines
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Company Calendar

Ex-Dividend for 3/13 Dividend
2/28/2024
Dividend Payable
3/13/2024
Last Earnings
4/22/2024
Today
5/22/2024
Ex-Dividend for 6/12 Dividend
5/31/2024
Dividend Payable
6/12/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Specialty Industrial Machinery
Sub-Industry
Industrial Machinery
CUSIP
22439910
Employees
7,300
Year Founded
1855

Price Target and Rating

Average Stock Price Target
$139.50
High Stock Price Target
$160.00
Low Stock Price Target
$110.00
Potential Upside/Downside
-5.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$401.10 million
Pretax Margin
16.68%

Debt

Sales & Book Value

Annual Sales
$2.14 billion
Cash Flow
$13.22 per share
Book Value
$33.91 per share

Miscellaneous

Free Float
55,078,000
Market Cap
$8.46 billion
Optionable
Optionable
Beta
1.49

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CR Stock Analysis - Frequently Asked Questions

Should I buy or sell Crane stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crane in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CR shares.
View CR analyst ratings
or view top-rated stocks.

What is Crane's stock price target for 2024?

8 equities research analysts have issued 12-month price objectives for Crane's stock. Their CR share price targets range from $110.00 to $160.00. On average, they predict the company's share price to reach $139.50 in the next twelve months. This suggests that the stock has a possible downside of 5.7%.
View analysts price targets for CR
or view top-rated stocks among Wall Street analysts.

How have CR shares performed in 2024?

Crane's stock was trading at $118.14 at the beginning of 2024. Since then, CR stock has increased by 25.2% and is now trading at $147.94.
View the best growth stocks for 2024 here
.

When is Crane's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our CR earnings forecast
.

How were Crane's earnings last quarter?

Crane (NYSE:CR) released its earnings results on Monday, April, 22nd. The conglomerate reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.10. The conglomerate had revenue of $565.30 million for the quarter, compared to the consensus estimate of $546.39 million. Crane had a trailing twelve-month return on equity of 24.45% and a net margin of 13.10%. The firm's revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the company earned $1.25 EPS.

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

Crane declared a quarterly dividend on Monday, April 22nd. Shareholders of record on Friday, May 31st will be paid a dividend of $0.205 per share on Wednesday, June 12th. This represents a $0.82 annualized dividend and a dividend yield of 0.55%. The ex-dividend date is Friday, May 31st.
Read our dividend analysis for CR
.

Is Crane a good dividend stock?

Crane (NYSE:CR) pays an annual dividend of $0.82 per share and currently has a dividend yield of 0.56%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CR will have a dividend payout ratio of 9.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CR.

What guidance has Crane issued on next quarter's earnings?

Crane issued an update on its FY 2024 earnings guidance on Monday, April, 22nd. The company provided earnings per share (EPS) guidance of 4.750-5.050 for the period, compared to the consensus earnings per share estimate of 4.810. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion.

What is Max H. Mitchell's approval rating as Crane's CEO?

38 employees have rated Crane Chief Executive Officer Max H. Mitchell on Glassdoor.com. Max H. Mitchell has an approval rating of 59% among the company's employees. This puts Max H. Mitchell in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Crane own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Crane investors own include Intel (INTC), Exxon Mobil (XOM), Boeing (BA), QUALCOMM (QCOM), Johnson & Johnson (JNJ), 3M (MMM), Walt Disney (DIS), Gilead Sciences (GILD), Home Depot (HD) and Lowe's Companies (LOW).

Who are Crane's major shareholders?

Crane's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.18%), Capital International Investors (2.36%), Gamco Investors INC. ET AL (2.24%), Congress Asset Management Co. MA (2.24%), Gabelli Funds LLC (1.48%) and Lord Abbett & CO. LLC (1.27%). Insiders that own company stock include Alejandro Alcala, Donald G Cook, Edward S Switter, James L L Tullis, Kurt F Gallo, Kurt F Gallo, Max H Mitchell and Richard A Maue.
View institutional ownership trends
.

How do I buy shares of Crane?

Shares of CR 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.

Does Crane have any subsidiaries?
The following companies are subsidiares of Crane: "CPI-Kiev" LLC, ARDAC Inc., AeroHose, AeroHose, Alfa Laval - The Industrial Flow Group, Alfa Laval - The Industrial Flow Group, Armature d.o.o., Automatic Products (UK) Ltd., Automatic Products international - Assets, Barksdale GmbH, Barksdale Inc., CA-MC Acquisition UK Ltd., CR Holdings C.V., CashCode Co, CashCode Co - Assets, Coin Controls International Ltd., Coin Holdings Ltd., Coin Industries Ltd., Coin Overseas Holdings Ltd., Coin Pension Trustees Ltd., Consolidated Lumber Co, Consolidated Lumber Co, Corva Corp, Corva Corp, Crane & Co. Inc., Crane (Asia Pacific) Pte. Ltd., Crane AB, Crane Aerospace Inc., Crane Australia Pty. Ltd., Crane Canada Co., Crane Composites Inc., Crane Composites Ltd., Crane Controls Inc., Crane Currency, Crane Currency Malta Holding Ltd., Crane Currency Malta Ltd., Crane Currency Malta Property Ltd., Crane Currency Netherlands Holdings B.V., Crane Currency US LLC, Crane Dutch Holdings B.V., Crane Electronics Corporation, Crane Electronics Inc., Crane Environmental Inc., Crane European Financing LLC, Crane Fluid & Gas Systems (Suzhou) Co. Ltd., Crane Global Holdings S.L., Crane Holding AB, Crane Holdings (Germany) GmbH, Crane Instrumentation & Sampling Inc., Crane International Capital S.a.r.l., Crane International Holdings Inc., Crane International Trading (Beijing) Co. Ltd., Crane Ltd., Crane Merchandising Systems Inc., Crane Merchandising Systems Ltd., Crane Merger Co. LLC, Crane Middle East & Africa FZE, Crane Netherlands Holdings B.V., Crane Ningjin Valve Co. Ltd., Crane Nuclear Inc., Crane Overseas LLC, Crane Payment Innovations AG, Crane Payment Innovations GmbH, Crane Payment Innovations Inc., Crane Payment Innovations International Ltd., Crane Payment Innovations Ltd., Crane Payment Innovations Pty Ltd., Crane Payment Innovations S.a.r.l., Crane Payment Innovations S.r.l., Crane Pension Trustee Company (UK) Limited, Crane Process Flow Technologies (India) Pvt. Ltd., Crane Process Flow Technologies GmbH, Crane Process Flow Technologies Ltd., Crane Process Flow Technologies S.P.R.L., Crane Process Flow Technologies S.r.l., Crane Pumps and Systems Inc., Crane Resistoflex GmbH, Crane SC Holdings Ltd., Crane Saudi Limited Liability Company, Crane Security Technologies Inc., Crane Stockham Valve Ltd., Crane Supply Co., Croning Livarna d.o.o., Cummins Illinois Inc., Cummins-Allison Corp., Cummins-Allison GmbH, Cummins-Allison Investment Co., Cummins-Allison Ireland Ltd., Cummins-Allison Limited, Cummins-Allison Pty Ltd., Cummins-Allison SAS, Cummins-Allison ULC, Cummis-Allison Corp, Cummis-Allison Corp, Delta Fluid Products, Delta Fluid Products Ltd., Dixie Narco, Dixie Narco, Dopak Inc., Dovianus B.V., ELDEC Corporation, ELDEC France S.A.R.L, Edlon - PSI division, Edlon - PSI division, Environmental Products USA, Environmental Products USA, Etex Group - Business, Etex Group - Business, Exbrownall Ltd., Exrhodes Ltd., Flow Technology Inc., Friedrich Krombach GmbH Armaturenwerke, General Technology Corp., General Technology Corp., Hattersley Newman Hender - Assets, Hattersley Newman Hender - Assets, Hattersly Newman Hender Ltd., Hydro-Aire Inc., Inta-Lok Ltd., Interpoint U.K. Limited, Kontron America - Mobile Rugged Business, Kontron America - Mobile Rugged Business, Laminated Profiles - Assets, Laminated Profiles - Assets, Lasco Composites, Lasco Composites, Liberty Technologies, Liberty Technologies, MCC Holdings Inc., MEI Australia LLC, MEI Conlux, MEI Conlux Holdings (Japan) Inc., MEI Conlux Holdings (US) Inc., MEI Queretaro S. de R.L. de CV, MEI de Mexico LLC, MOVATS - Nuclear Valve Division, MOVATS - Nuclear Valve Division, Merrimac Industries, Merrimac Industries Inc., Micro-Optic Films LLP, Money Controls, Money Controls Argentina SA, Money Controls Holdings Ltd., Multi-Mix Microtechnology SRL, NABIC Valve Safety Products Ltd., Nippon Conlux Co. Ltd., Noble Composites, Noble Composites Inc., Number One Supply, Number One Supply, Owens Corning - FRP Panel Business, Owens Corning - FRP Panel Business, P.L. Porter, P.L. Porter, P.T. Crane Indonesia, Pegler Hattersly Ltd., Resistoflex, Resistoflex, Sequentia Holdings, Sequentia Holdings, Signal Technology, Signal Technology, Sperryn & Company Ltd., Stentorfield, Stentorfield, Streamware, Streamware, Telequip, Telequip, Terminal Manufacturing Co., The Dow Chemical - Plastic-Lined Piping Products division, The Krombach Group, The Krombach Group, Unidynamics / Phoenix Inc., Ventech Controls, Ventech Controls, Viking Johnson Ltd., Visual Physics LLC, W.T. Armatur GmbH, W.T. Armatur GmbH, Wade Couplings Ltd., Wask Ltd., Westlock Controls, Westlock Controls Corporation, Xomox, Xomox Chihuahua S.A. de C.V., Xomox Corporation, Xomox Corporation de Venezuela C.A., Xomox France S.A.S., Xomox Hungary Manufacturing Limited Liability Company, Xomox International GmbH & Co. OHG, Xomox Japan Ltd., and Xomox Korea Ltd..
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This page (NYSE:CR) was last updated on 5/22/2024 by MarketBeat.com Staff

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