NYSE:CRCrane Stock Price, Forecast & News

Crane's stock was trading at $57.82 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CR shares have decreased by 2.4% and is now trading at $56.41. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crane in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Crane.

Crane is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Crane.

Crane Co. (NYSE:CR) announced its quarterly earnings data on Monday, April, 27th. The conglomerate reported $1.15 earnings per share for the quarter, missing analysts' consensus estimates of $1.26 by $0.11. The conglomerate had revenue of $797.90 million for the quarter, compared to analysts' expectations of $820.58 million. Crane had a return on equity of 22.07% and a net margin of 3.50%. The firm's quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.45 EPS. View Crane's earnings history.

Crane declared a quarterly dividend on Monday, April 27th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.43 per share on Wednesday, June 10th. This represents a $1.72 annualized dividend and a yield of 3.05%. The ex-dividend date is Thursday, May 28th. View Crane's dividend history.

Crane updated its FY20 earnings guidance on Monday, April, 27th. The company provided earnings per share (EPS) guidance of $3.00-4.25 for the period, compared to the Thomson Reuters consensus estimate of $5.43. The company issued revenue guidance of $2.80-3.00 billion, compared to the consensus revenue estimate of $3.27 billion.

7 equities research analysts have issued 12 month target prices for Crane's shares. Their forecasts range from $58.00 to $100.00. On average, they expect Crane's share price to reach $76.00 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price. View analysts' price targets for Crane.

News headlines about CR stock have trended negative on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Crane earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the conglomerate a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Crane.

Crane saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 754,900 shares, an increase of 11.2% from the May 31st total of 678,700 shares. Based on an average daily trading volume, of 489,200 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.5% of the company's stock are short sold. View Crane's Current Options Chain.

Some companies that are related to Crane include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), IDEX (IEX), Ingersoll-Rand (IR), Xylem (XYL), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Lincoln Electric (LECO) and ITT (ITT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Crane investors own include Intel (INTC), Exxon Mobil (XOM), Boeing (BA), Walt Disney (DIS), Home Depot (HD), United Technologies (UTX), Adobe (ADBE), Lowe's Companies (LOW), Medtronic (MDT) and QUALCOMM (QCOM).

Crane trades on the New York Stock Exchange (NYSE) under the ticker symbol "CR."

Shares of CR 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 CR stock can currently be purchased for approximately $56.41.

Crane has a market capitalization of $3.27 billion and generates $3.28 billion in revenue each year. The conglomerate earns $133.30 million in net income (profit) each year or $6.02 on an earnings per share basis. Crane employs 13,000 workers across the globe.

The official website for Crane is www.craneco.com.

Crane's mailing address is 100 FIRST STAMFORD PLACE, STAMFORD CT, 06902. The conglomerate can be reached via phone at 203-363-7300 or via email at [email protected]