NYSE:CR - Crane Stock Price, News & Analysis

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

Crane announced a quarterly dividend on Monday, July 22nd. Shareholders of record on Saturday, August 31st will be paid a dividend of $0.39 per share on Monday, September 9th. This represents a $1.56 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date of this dividend is Thursday, August 29th. View Crane's Dividend History.

Crane Co. (NYSE:CR) announced its quarterly earnings results on Monday, July, 22nd. The conglomerate reported $1.58 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.55 by $0.03. The conglomerate earned $841.60 million during the quarter, compared to the consensus estimate of $833.30 million. Crane had a net margin of 10.67% and a return on equity of 24.24%. The company's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.41 EPS. View Crane's Earnings History.

Crane is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for Crane.

Crane issued an update on its FY19 earnings guidance on Monday, July, 22nd. The company provided EPS guidance of $6.25-6.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.41. The company issued revenue guidance of ~$3.3 billion, compared to the consensus revenue estimate of $3.33 billion.

11 analysts have issued 12 month price objectives for Crane's stock. Their forecasts range from $79.14 to $107.00. On average, they expect Crane's share price to reach $98.8567 in the next twelve months. This suggests a possible upside of 32.3% 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 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Crane.

Media stories about CR stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Crane earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned headlines about the conglomerate a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Crane.

Crane saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 587,000 shares, an increase of 7.2% from the June 30th total of 547,700 shares. Based on an average daily trading volume, of 333,500 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.2% of the shares of the stock are sold short. View Crane's Current Options Chain.

Some companies that are related to Crane include Watts Water Technologies (WTS), Barnes Group (B), Mueller Water Products (MWA), Sun Hydraulics (SNHY), Helios Technologies (HLIO), CIRCOR International (CIR), Hebron Technology (HEBT), ZK International Group (ZKIN), NF Energy Saving (NFEC), NF Energy Saving (BIMI), Highway (HIHO), ARC Group WorldWide (ARCW) and Shengkai Innovations (VALV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Crane investors own include Intel (INTC), Celgene (CELG), Honeywell International (HON), Exxon Mobil (XOM), NVIDIA (NVDA), QUALCOMM (QCOM), Starbucks (SBUX), Skyworks Solutions (SWKS), Texas Instruments (TXN) and CVS Health (CVS).

Crane's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.84%), BlackRock Inc. (12.84%), Vanguard Group Inc. (7.65%), Gamco Investors INC. ET AL (3.39%), Victory Capital Management Inc. (1.63%) and AQR Capital Management LLC (1.34%). Company insiders that own Crane stock include A D Pantaleoni, 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 Fort Washington Investment Advisors Inc. OH, Point72 Asset Management L.P., Victory Capital Management Inc., Bank of America Corp DE, Gamco Investors INC. ET AL, JPMorgan Chase & Co., Allianz Asset Management GmbH and Natixis. Company insiders that have sold Crane company stock in the last year include Brendan Curran, James A Lavish, Kristian Robert Salovaara and Louis V Pinkham. View Insider Buying and Selling for Crane.

CR stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Marshall Wace LLP, BlackRock Inc., BlackRock Inc., Cubist Systematic Strategies LLC, Renaissance Technologies LLC, SG Americas Securities LLC and Dudley & Shanley Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of CR stock can currently be purchased for approximately $74.72.

Crane has a market capitalization of $4.48 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]