NYSE:CR - Crane Stock Price, Forecast & News

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

Crane declared a quarterly dividend on Monday, January 27th. Investors of record on Friday, February 28th will be paid a dividend of $0.43 per share on Wednesday, March 11th. This represents a $1.72 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date is Thursday, February 27th. This is an increase from Crane's previous quarterly dividend of $0.39. View Crane's Dividend History.

Crane Co. (NYSE:CR) issued its earnings results on Monday, January, 27th. The conglomerate reported $1.58 earnings per share for the quarter, beating analysts' consensus estimates of $1.57 by $0.01. The conglomerate earned $838 million during the quarter, compared to analyst estimates of $825.81 million. Crane had a return on equity of 22.65% and a net margin of 4.06%. The firm's revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.64 earnings per share. View Crane's Earnings History.

Crane is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Crane.

Crane issued an update on its FY20 earnings guidance on Monday, January, 27th. The company provided EPS guidance of $6.20-6.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.46. The company issued revenue guidance of $3.5 billion, compared to the consensus revenue estimate of $3.34 billion.

7 brokerages have issued 12-month price targets for Crane's shares. Their forecasts range from $86.00 to $107.00. On average, they anticipate Crane's stock price to reach $97.20 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for Crane.

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.

Headlines about CR stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Crane earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned media headlines about the conglomerate a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Crane.

Some companies that are related to Crane include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Woodward, Inc.Common Stock (WWD), Pentair (PNR), Donaldson (DCI) and Middleby (MIDD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Crane investors own include Intel (INTC), Exxon Mobil (XOM), Boeing (BA), Home Depot (HD), QUALCOMM (QCOM), Texas Instruments (TXN), AbbVie (ABBV), BlackRock (BLK), Walt Disney (DIS) and Gilead Sciences (GILD).

Crane's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (2.34%), Victory Capital Management Inc. (2.32%), State Street Corp (1.99%), Principal Financial Group Inc. (1.89%), Gabelli Funds LLC (1.73%) and AQR Capital Management LLC (1.53%). 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 sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., AJO LP, Lord Abbett & CO. LLC, AXA, Retirement Systems of Alabama, Bank of New York Mellon Corp, Fort Washington Investment Advisors Inc. OH and Fiera Capital Corp. View Insider Buying and Selling for Crane.

CR stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Wedge Capital Management L L P NC, Penn Capital Management Co. Inc., AQR Capital Management LLC, Man Group plc, New York State Common Retirement Fund and Madison Asset Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of CR stock can currently be purchased for approximately $84.93.

Crane has a market capitalization of $5.09 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 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]