NYSE:CRCrane Stock Price, Forecast & News

Crane's stock was trading at $57.82 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CR stock has increased by 5.4% and is now trading at $60.92.
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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, October 26th 2020.
View our earnings forecast for Crane.

Crane Co. (NYSE:CR) issued its quarterly earnings results on Monday, July, 27th. The conglomerate reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.17. The conglomerate had revenue of $677.90 million for the quarter, compared to analysts' expectations of $635.76 million. Crane had a return on equity of 19.07% and a net margin of 1.22%. The firm's quarterly revenue was down 19.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.58 EPS.
View Crane's earnings history.

Crane declared a quarterly dividend on Monday, July 27th. Stockholders of record on Monday, August 31st will be given a dividend of $0.43 per share on Wednesday, September 9th. This represents a $1.72 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend is Friday, August 28th.
View Crane's dividend history.

Crane updated its FY20 earnings guidance on Monday, July, 27th. The company provided EPS guidance of $3.30-4.10 for the period, compared to the Thomson Reuters consensus estimate of $3.80.

7 analysts have issued twelve-month price objectives for Crane's stock. Their forecasts range from $58.00 to $100.00. On average, they anticipate Crane's share price to reach $76.00 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price.
View analysts' price targets for Crane.

News stories about CR stock have been trending somewhat negative on Friday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Crane earned a coverage optimism score of -1.3 on InfoTrie's scale. They also gave news stories about the conglomerate a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about Crane.

Crane saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 719,800 shares, an increase of 24.7% from the April 15th total of 577,400 shares. Based on an average trading volume of 475,900 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.5% of the shares of the stock are short sold.
View Crane's Short Interest.

Some companies that are related to Crane include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Ingersoll-Rand (IR), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Middleby (MIDD) and Lincoln Electric (LECO).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Crane investors own include Exxon Mobil (XOM), Intel (INTC), Boeing (BA), Walt Disney (DIS), Home Depot (HD), Lowe's Companies (LOW), 3M (MMM), Energy Transfer LP Unit (ET), Johnson & Johnson (JNJ) and Medtronic (MDT).

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

Crane's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.99%), UBS Group AG (4.34%), Victory Capital Management Inc. (2.94%), Gamco Investors INC. ET AL (2.85%), Principal Financial Group Inc. (1.74%) and LSV Asset Management (1.64%). Company insiders that own Crane stock include Brendan Curran, Donald G Cook, James A Lavish, James L L Tullis, Kristian Robert Salovaara, Louis V Pinkham and Max H Mitchell.
View institutional ownership trends for Crane.

CR stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Gamco Investors INC. ET AL, New York State Common Retirement Fund, Vanguard Group Inc., Cubist Systematic Strategies LLC, First Trust Advisors LP, Gabelli Funds LLC, and Principal Financial Group Inc..
View insider buying and selling activity for Crane.

CR stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Prudential Financial Inc., Victory Capital Management Inc., Russell Investments Group Ltd., Assenagon Asset Management S.A., MUFG Securities EMEA plc, FMR LLC, and Moody Aldrich Partners LLC. Company insiders that have bought Crane stock in the last two years include Donald G Cook, James L L Tullis, and Max H Mitchell.
View insider buying and selling activity for Crane.

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 $60.92.

Crane has a market capitalization of $3.53 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]