Carpenter Technology Stock Price, News & Analysis (NYSE:CRS)

Carpenter Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRS."

Carpenter Technology declared a quarterly dividend on Tuesday, October 8th. Investors of record on Tuesday, October 22nd will be paid a dividend of $0.20 per share on Thursday, December 5th. This represents a $0.80 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Monday, October 21st. View Carpenter Technology's Dividend History.

Carpenter Technology Co. (NYSE:CRS) announced its earnings results on Thursday, August, 1st. The basic materials company reported $1.00 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.94 by $0.06. The basic materials company had revenue of $641.40 million for the quarter, compared to the consensus estimate of $637.84 million. Carpenter Technology had a return on equity of 10.33% and a net margin of 7.02%. The company's revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.87 earnings per share. View Carpenter Technology's Earnings History.

Carpenter Technology is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Carpenter Technology.

Carpenter Technology will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 Wall Street analysts have issued 1 year target prices for Carpenter Technology's shares. Their forecasts range from $50.00 to $59.00. On average, they anticipate Carpenter Technology's stock price to reach $54.00 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price. View Analyst Price Targets for Carpenter Technology.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carpenter Technology in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carpenter Technology.

Media coverage about CRS stock has been trending somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Carpenter Technology earned a news sentiment score of -1.5 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Carpenter Technology.

Carpenter Technology saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 1,710,000 shares, an increase of 7.5% from the August 15th total of 1,590,000 shares. Based on an average daily volume of 270,300 shares, the short-interest ratio is currently 6.3 days. Currently, 3.7% of the company's stock are short sold. View Carpenter Technology's Current Options Chain.

Some companies that are related to Carpenter Technology include EVRAZ (EVRZF), Steel Dynamics (STLD), Ternium (TX), Commercial Metals (CMC), APERAM/SH N Y REGISTRY SH (APEMY), United States Steel (X), USINAS SIDERURG/S (USNZY), AK Steel (AKS), SunCoke Energy (SXC), Mechel PAO (MTL), Timkensteel (TMST), Titan International (TWI), Universal Stainless & Alloy Products (USAP) and Ossen Innovation (OSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carpenter Technology investors own include WPX Energy (WPX), Inovio Pharmaceuticals (INO), Micron Technology (MU), ConocoPhillips (COP), General Electric (GE), Biogen (BIIB), Ford Motor (F), NantHealth (NH), QUALCOMM (qcom) and Starbucks (SBUX).

Carpenter Technology's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (0.72%), Scout Investments Inc. (0.12%), Envestnet Asset Management Inc. (0.10%), Nisa Investment Advisors LLC (0.05%), Pacer Advisors Inc. (0.04%) and Meeder Asset Management Inc. (0.03%). Company insiders that own Carpenter Technology stock include Damon J Audia, I Martin Inglis, James D Dee, Jeffrey Wadsworth, Joseph E Haniford, Steven E Karol, Timothy Lain and Tony R Thene. View Institutional Ownership Trends for Carpenter Technology.

CRS stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Meeder Asset Management Inc., Scout Investments Inc., Pacer Advisors Inc. and Alpha Windward LLC. View Insider Buying and Selling for Carpenter Technology.

CRS stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., Zurcher Kantonalbank Zurich Cantonalbank and Nisa Investment Advisors LLC. View Insider Buying and Selling for Carpenter Technology.

Shares of CRS 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 CRS stock can currently be purchased for approximately $51.54.

Carpenter Technology has a market capitalization of $2.46 billion and generates $2.38 billion in revenue each year. The basic materials company earns $167 million in net income (profit) each year or $3.46 on an earnings per share basis. Carpenter Technology employs 5,100 workers across the globe.View Additional Information About Carpenter Technology.

The official website for Carpenter Technology is http://www.cartech.com/.

Carpenter Technology's mailing address is 1735 MARKET STREET 15TH FL, PHILADELPHIA PA, 19103. The basic materials company can be reached via phone at 610-208-2000 or via email at [email protected]