NYSE:CRCrane Stock Price, Forecast & News

Crane's stock was trading at $57.82 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CR stock has decreased by 7.2% and is now trading at $53.65. View which stocks have been most impacted by Coronavirus.

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, July 27th 2020. View our earnings forecast for Crane.

Crane will be holding an earnings conference call on Monday, July 27th 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) posted its earnings results on Monday, April, 27th. The conglomerate reported $1.15 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.26 by $0.11. The conglomerate earned $797.90 million during the quarter, compared to analyst estimates of $820.58 million. Crane had a net margin of 3.50% and a return on equity of 22.07%. The firm's quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.45 earnings per share. View Crane's earnings history.

Crane declared a quarterly dividend on Monday, April 27th. Investors of record on Friday, May 29th will be paid a dividend of $0.43 per share on Wednesday, June 10th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date is Thursday, May 28th. View Crane's dividend history.

Crane issued an update on its FY20 earnings guidance on Monday, April, 27th. The company provided EPS guidance of $3.00-4.25 for the period, compared to the Thomson Reuters consensus estimate of $5.43. The company issued revenue guidance of $2.80-3.00 billion, compared to the consensus revenue estimate of $3.27 billion.

7 brokers have issued 1 year target prices for Crane's shares. Their forecasts range from $58.00 to $100.00. On average, they expect Crane's stock price to reach $76.00 in the next twelve months. This suggests a possible upside of 41.7% from the stock's current price. View analysts' price targets for Crane.

News articles about CR stock have been trending somewhat negative recently, according to InfoTrie. InfoTrie rates the sentiment of press coverage by monitoring 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 news impact score of -1.6 on InfoTrie's scale. They also gave headlines about the conglomerate a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news about Crane.

Crane saw a increase in short interest in June. As of June 15th, there was short interest totaling 754,900 shares, an increase of 11.2% from the May 31st total of 678,700 shares. Based on an average daily volume of 489,200 shares, the short-interest ratio is presently 1.5 days. Approximately 1.5% of the shares of the stock are sold short. View Crane's Current Options Chain.

Some companies that are related to Crane include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), IDEX (IEX), Xylem (XYL), Ingersoll-Rand (IR), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), 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), Walt Disney (DIS), Home Depot (HD), United Technologies (UTX), Adobe (ADBE), Lowe's Companies (LOW), Medtronic (MDT) and QUALCOMM (QCOM).

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 shareholders include Envestnet Asset Management Inc. (0.04%). Company insiders that own Crane stock include Bradley Ellis, Brendan Curran, Curtis A Baron Jr, Donald G Cook, 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 purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management 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.

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 $53.65.

Crane has a market capitalization of $3.11 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]