Crane Stock Forecast, Price & 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 decreased by 12.2% and is now trading at $50.78.
View which stocks have been most impacted by COVID-19.

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) announced its quarterly earnings results on Monday, July, 27th. The conglomerate reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters' 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%. Crane's quarterly revenue was down 19.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.58 EPS.
View Crane's earnings history.

Crane announced 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 dividend yield of 3.39%. The ex-dividend date of this dividend is Friday, August 28th.
View Crane's dividend history.

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

7 equities research analysts have issued 12 month target prices 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 49.7% from the stock's current price.
View analysts' price targets for Crane.

Some companies that are related to Crane include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), Ingersoll-Rand (IR), IDEX (IEX), 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), QUALCOMM (QCOM), Walt Disney (DIS), Gilead Sciences (GILD), Home Depot (HD), Johnson & Johnson (JNJ), Lowe's Companies (LOW) and 3M (MMM).

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

Crane's stock is owned by a number of retail and institutional investors. Top institutional shareholders 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 Principal Financial Group Inc. (1.74%). Company insiders that own Crane stock include 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 Nuveen Asset Management LLC, UBS Group AG, AQR Capital Management LLC, Gamco Investors INC. ET AL, New York State Common Retirement Fund, Vanguard Group Inc., Cubist Systematic Strategies LLC, and Canada Pension Plan Investment Board.
View insider buying and selling activity for Crane.

CR stock was bought 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 $50.78.

Crane has a market capitalization of $2.95 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]