NYSE:CR - Crane Stock Price, Forecast & News

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

Crane announced a quarterly dividend on Monday, October 28th. Stockholders of record on Friday, November 29th will be given a dividend of $0.39 per share on Monday, December 9th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date is Wednesday, November 27th. View Crane's Dividend History.

Crane Co. (NYSE:CR) released its earnings results on Monday, January, 27th. The conglomerate reported $1.58 EPS for the quarter, topping the Zacks' consensus estimate of $1.57 by $0.01. The conglomerate earned $838 million during the quarter, compared to the consensus estimate of $825.81 million. Crane had a net margin of 10.20% and a return on equity of 22.76%. The business's revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter last year, the business earned $1.64 EPS. View Crane's Earnings History.

Crane is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Crane.

Crane updated its FY20 earnings guidance on Monday, January, 27th. The company provided earnings per share guidance of $6.20-6.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.46. The company issued revenue guidance of $3.5 billion, compared to the consensus revenue estimate of $3.34 billion.

11 equities research analysts have issued 1 year price objectives for Crane's shares. Their forecasts range from $79.00 to $107.00. On average, they expect Crane's stock price to reach $93.59 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Crane.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crane in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Crane.

News articles about CR stock have been trending positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Crane earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave news headlines about the conglomerate a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Crane.

Crane saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 431,200 shares, a decline of 7.4% from the December 15th total of 465,900 shares. Based on an average daily volume of 302,200 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.8% of the shares of the company are short sold. View Crane's Current Options Chain.

Some companies that are related to Crane include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and Middleby (MIDD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Crane investors own include Intel (INTC), Exxon Mobil (XOM), QUALCOMM (QCOM), Starbucks (SBUX), Boeing (BA), Walt Disney (DIS), Home Depot (HD), 3M (MMM), Gilead Sciences (GILD) and Netflix (NFLX).

Crane's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dudley & Shanley Inc. (0.35%), Wedge Capital Management L L P NC (0.30%), California Public Employees Retirement System (0.25%), Tocqueville Asset Management L.P. (0.15%), New York State Teachers Retirement System (0.14%) and Beck Bode LLC (0.09%). Company insiders that own Crane stock include Augustus I Dupont, Bradley Ellis, Brendan Curran, Curtis A Baron Jr, Donald G Cook, E Thayer Bigelow, Edward S Switter, James A Lavish, James L L Tullis, Kristian Robert Salovaara, Louis V Pinkham, Max H Mitchell and Richard A Maue. View Institutional Ownership Trends for Crane.

CR stock was sold by a variety of institutional investors in the last quarter, including Dudley & Shanley Inc., Nisa Investment Advisors LLC, Arizona State Retirement System, New York State Teachers Retirement System, State of Alaska Department of Revenue, Janney Montgomery Scott LLC and Exane Derivatives. Company insiders that have sold Crane company stock in the last year include James A Lavish and Louis V Pinkham. View Insider Buying and Selling for Crane.

CR stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, California Public Employees Retirement System, Tocqueville Asset Management L.P., Brave Asset Management Inc., Virginia Retirement Systems ET AL, Radnor Capital Management LLC, Beck Bode LLC and Dupont Capital Management Corp. Company insiders that have bought Crane stock in the last two years include Donald G Cook and James L L Tullis. View Insider Buying and Selling 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 $86.49.

Crane has a market capitalization of $5.19 billion and generates $3.35 billion in revenue each year. The conglomerate earns $335.60 million in net income (profit) each year or $5.99 on an earnings per share basis. Crane employs 12,000 workers across the globe.View Additional Information About Crane.

The official website for Crane is http://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]