Crane Company Company Profile (NYSE:CR)

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

Crane Company declared a quarterly dividend on Monday, July 24th. Investors of record on Thursday, August 31st will be given a dividend of $0.33 per share on Friday, September 8th. This represents a $1.32 annualized dividend and a yield of 1.57%. The ex-dividend date is Tuesday, August 29th. View Crane Company's Dividend History.

Crane Company (NYSE:CR) released its quarterly earnings results on Monday, July, 24th. The company reported $1.17 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $1.17. The company had revenue of $702.50 million for the quarter, compared to analyst estimates of $702.53 million. Crane Company had a return on equity of 20.57% and a net margin of 4.79%. The company's revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter last year, the business earned $1.21 EPS. View Crane Company's Earnings History.

Crane Company is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Crane Company.

Crane Company issued an update on its FY17 earnings guidance on Monday, July, 24th. The company provided EPS guidance of $4.35-4.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.51.

12 brokerages have issued 12-month target prices for Crane Company's stock. Their predictions range from $8.00 to $92.00. On average, they expect Crane Company's stock price to reach $74.43 in the next twelve months. View Analyst Ratings for Crane Company.

Here are some recent quotes from research analysts about Crane Company stock:

• 1. According to Zacks Investment Research, "Year to date, Crane's shares have outperformed the industry. In the years ahead, the company anticipates benefiting from increasing demand for productivity solutions in Payment & Merchandising Technologies segment, high growth aerospace programs in Aerospace & Electronics, recovering orders in Fluid Handling and strengthening end markets in Engineered Materials. For 2017, the company reaffirmed its previously issued earnings guidance of $4.35-$4.55 per share. However, demand for payment and merchandising products is predicted to be uneven in 2017. Also, the company expects the ebbing impact from unfavorable foreign currency movements to be offset by higher commodity and input costs." (10/3/2017)
• 2. Seaport Global Securities analysts commented, "CR reported Q4 results above our forecast and issued 2017 guidance that captures our estimate at the low end. While the net asbestos liability increased $125MM, long-term investors should be comforted that CR's visibility has substantially increased, through 2059, and the net annual outflows have remained essentially unchanged. However, at a time when investors have grown accustomed to expecting this balance to be reduced, the increase in debt is a disappointment. While P&M has driven stronger growth in the fourth quarter and stronger expected growth in 2017, the company's EV/EBITDA and FCF valuations appear fairly balanced. Our rating moves to Neutral (previously was Accumulate), while our price target moves to $72 (from $71)." (2/1/2017)

Some companies that are related to Crane Company include Snap-On Incorporated (SNA), Gardner Denver Holdings (GDI), Woodward (WWD), Weir Group PLC (WEIR), Spirax-Sarco Engineering plc (SPX), Timken Company (The) (TKR), Barnes Group (B), IMI plc (IMI), Manitowoc Food Service (WBT), KLX (KLXI), Rexnord Corporation (RXN), Hillenbrand (HI), Proto Labs (PRLB), MUELLER WATER PRODUCTS (MWA), SPX FLOW (FLOW), Actuant Corporation (ATU), Kaman Corporation (KAMN) and Comfort Systems USA (FIX).

Crane Company's management team includes the folowing people:

• Max H. Mitchell, President, Chief Executive Officer, Director
• Richard A. Maue, Vice President - Finance, Chief Financial Officer
• Thomas J. Craney, Group President - Engineered Materials
• Brendan J. Curran, President - Aerospace & Electronics
• Bradley L. Ellis, Senior Vice President
• Louis V. Pinkham, Senior Vice President
• Augustus I. duPont, Vice President, General Counsel, Secretary
• Curtis A. Baron Jr., Vice President, Controller
• Edward S. Switter, Vice President - Tax, Treasurer
• James A. Lavish, Vice President - CBS, People & Performance

Crane Company's stock is owned by many different of institutional and retail investors. Top institutional investors include Mutual of America Capital Management LLC (0.07%), Sit Investment Associates Inc. (0.05%) and Howe & Rusling Inc. (0.00%). Company insiders that own Crane Company stock include A D Pantaleoni, Augustus I Dupont, Bradley Ellis, Brendan Curran, Curtis A Baron Jr, E Thayer Bigelow, Edward S Switter, James A Lavish, James L L Tullis, Kristian Robert Salovaara, Louis V Pinkham, Max H Mitchell, Philip R Lochner, Richard A Maue and Thomas J Craney. View Institutional Ownership Trends for Crane Company.

Crane Company's stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc.. Company insiders that have sold Crane Company stock in the last year include A D Pantaleoni, Augustus I Dupont, Brendan Curran, Curtis A Baron Jr, E Thayer Bigelow, Edward S Switter, James A Lavish, James L L Tullis, Kristian Robert Salovaara, Louis V Pinkham, Philip R Lochner, Richard A Maue and Thomas J Craney. View Insider Buying and Selling for Crane Company.

Crane Company's stock was acquired by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC and Howe & Rusling Inc.. View Insider Buying and Selling for Crane Company.

Shares of Crane Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Crane Company stock can currently be purchased for approximately $84.11.