Crane Stock Forecast, Price & News

Crane's stock was trading at $57.82 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CR stock has increased by 39.6% and is now trading at $80.73.
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6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crane in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Crane stock.
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Crane is scheduled to release its next quarterly earnings announcement on Monday, January 25th 2021.
View our earnings forecast for Crane.

Crane will be holding an earnings conference call on Monday, January 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Crane Co. (NYSE:CR) announced its quarterly earnings results on Saturday, October, 31st. The conglomerate reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.25. The conglomerate had revenue of $737.40 million for the quarter, compared to the consensus estimate of $674.64 million. Crane had a net margin of 0.71% and a return on equity of 18.09%. The firm's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.40 EPS.
View Crane's earnings history.

Crane announced a quarterly dividend on Monday, October 26th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.43 per share on Wednesday, December 9th. This represents a $1.72 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Friday, November 27th.
View Crane's dividend history.

Crane pays an annual dividend of $1.72 per share and currently has a dividend yield of 2.10%. The dividend payout ratio of Crane is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Crane will have a dividend payout ratio of 34.75% next year. This indicates that Crane will be able to sustain or increase its dividend.
View Crane's dividend history.

Crane updated its FY20 earnings guidance on Monday, October, 26th. The company provided earnings per share (EPS) guidance of $3.75-4.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.76.

6 brokerages have issued 1 year price targets for Crane's shares. Their forecasts range from $58.00 to $86.00. On average, they expect Crane's stock price to reach $72.60 in the next year. This suggests that the stock has a possible downside of 10.1%.
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Some companies that are related to Crane include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), IDEX (IEX), Graco (GGG), Nordson (NDSN), Pentair (PNR), Gardner Denver (GDI), Snap-on (SNA), Woodward (WWD), Donaldson (DCI) and The Middleby (MIDD).
View all of CR's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Crane investors own include Intel (INTC), Exxon Mobil (XOM), The Boeing (BA), QUALCOMM (QCOM), Johnson & Johnson (JNJ), 3M (MMM), The Walt Disney (DIS), Gilead Sciences (GILD), The Home Depot (HD) and Lowe's Companies (LOW).

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

Crane's stock is owned by a number of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.39%), Sound Income Strategies LLC (0.02%), State of Alaska Department of Revenue (0.01%), Martin Capital Partners LLC (0.01%), Donaldson Capital Management LLC (0.01%) and Crossmark Global Holdings Inc. (0.01%). 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 Wedge Capital Management L L P NC, and State of Alaska Department of Revenue.
View insider buying and selling activity for Crane or view top insider-selling stocks.

CR stock was bought by a variety of institutional investors in the last quarter, including Martin Capital Partners LLC, Sound Income Strategies LLC, Donaldson Capital Management LLC, and Crossmark Global Holdings Inc.. 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 or or view top insider-buying stocks.

Shares of CR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CR stock can currently be purchased for approximately $80.73.

Crane has a market capitalization of $4.69 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]