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. Since then, CR shares have increased by 24.4% and is now trading at $71.95.
View which stocks have been most impacted by COVID-19.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crane in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Crane.

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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 Co. (NYSE:CR) released its quarterly earnings data on Saturday, October, 31st. The conglomerate reported $1.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.25. The conglomerate had revenue of $737.40 million for the quarter, compared to analysts' expectations of $674.64 million. Crane had a return on equity of 18.09% and a net margin of 0.71%. Crane's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the prior year, the business earned $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 dividend yield of 2.39%. The ex-dividend date is Friday, November 27th.
View Crane's dividend history.

Crane issued an update on its FY20 earnings guidance on Monday, October, 26th. The company provided EPS guidance of $3.75-4.00 for the period, compared to the Thomson Reuters consensus estimate of $3.76.

6 brokers have issued twelve-month price targets for Crane's shares. Their forecasts range from $58.00 to $100.00. On average, they expect Crane's share price to reach $76.33 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
View analysts' price targets for Crane.

Crane saw a increase in short interest in October. As of October 15th, there was short interest totaling 923,000 shares, an increase of 33.2% from the September 30th total of 693,200 shares. Based on an average trading volume of 305,400 shares, the days-to-cover ratio is currently 3.0 days. Approximately 1.9% of the shares of the company are short sold.
View Crane's Short Interest.

Some companies that are related to Crane include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Ingersoll Rand (IR), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Pentair (PNR), The Middleby (MIDD), Woodward (WWD) and Donaldson (DCI).
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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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.08%), Victory Capital Management Inc. (3.03%), Gamco Investors INC. ET AL (2.72%), LSV Asset Management (2.70%), State Street Corp (1.87%) and Principal Financial Group Inc. (1.74%). 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 BlackRock Inc., Lord Abbett & CO. LLC, Gamco Investors INC. ET AL, MUFG Securities EMEA plc, AQR Capital Management LLC, Mackay Shields LLC, Foundry Partners LLC, and State Street Corp.
View insider buying and selling activity for Crane.

CR stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Morgan Stanley, Wells Fargo & Company MN, Vaughan Nelson Investment Management L.P., Cubist Systematic Strategies LLC, Arrowstreet Capital Limited Partnership, Royce & Associates LP, and Wedge Capital Management L L P NC. 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 $71.95.

Crane has a market capitalization of $4.18 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]