Curtiss-Wright (CW) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Curtiss-Wright in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CW shares.
View CW analyst ratings or view top-rated stocks.

5 equities research analysts have issued 1-year price objectives for Curtiss-Wright's stock. Their CW share price forecasts range from $170.00 to $200.00. On average, they anticipate the company's share price to reach $186.80 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price.
View analysts price targets for CW or view top-rated stocks among Wall Street analysts.

Curtiss-Wright's stock was trading at $166.99 on January 1st, 2023. Since then, CW shares have increased by 2.0% and is now trading at $170.34.
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Curtiss-Wright saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 393,700 shares, a decline of 8.5% from the April 30th total of 430,100 shares. Based on an average trading volume of 143,800 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.0% of the company's shares are short sold.
View Curtiss-Wright's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our CW earnings forecast.

Curtiss-Wright Co. (NYSE:CW) issued its quarterly earnings results on Wednesday, May, 3rd. The aerospace company reported $1.53 earnings per share for the quarter, beating analysts' consensus estimates of $1.41 by $0.12. The aerospace company earned $631 million during the quarter, compared to the consensus estimate of $585.49 million. Curtiss-Wright had a trailing twelve-month return on equity of 16.54% and a net margin of 11.81%. Curtiss-Wright's quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter last year, the company earned $1.31 EPS.

Curtiss-Wright announced a quarterly dividend on Wednesday, May 10th. Investors of record on Friday, June 16th will be paid a dividend of $0.20 per share on Wednesday, July 5th. This represents a $0.80 annualized dividend and a dividend yield of 0.47%. The ex-dividend date is Thursday, June 15th. This is a positive change from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for CW.

ETFs with the largest weight of Curtiss-Wright (NYSE:CW) stock in their portfolio include SPDR S&P Aerospace & Defense ETF (XAR), First Trust Indxx Aerospace & Defense ETF (MISL), Inspire Faithward Mid Cap Momentum ETF (GLRY), iShares U.S. Aerospace & Defense ETF (ITA), Invesco S&P MidCap Low Volatility ETF (XMLV), Invesco Aerospace & Defense ETF (PPA), Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) and Invesco S&P MidCap Momentum ETF (XMMO).

Curtiss-Wright (NYSE:CW) pays an annual dividend of $0.76 per share and currently has a dividend yield of 0.46%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CW will have a dividend payout ratio of 8.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CW.

Curtiss-Wright updated its FY23 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $8.65-$8.90 for the period, compared to the consensus estimate of $8.79. The company issued revenue guidance of $2.655-$2.710 billion, compared to the consensus revenue estimate of $2.69 billion.

53 employees have rated Curtiss-Wright Chief Executive Officer David C. Adams on Glassdoor.com. David C. Adams has an approval rating of 47% among the company's employees. This puts David C. Adams in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Curtiss-Wright investors own include Tutor Perini (TPC), AT&T (T), Intel (INTC), Cisco Systems (CSCO), Walt Disney (DIS), Pfizer (PFE), Broadcom (AVGO), Verizon Communications (VZ), Boeing (BA) and Johnson & Johnson (JNJ).

Curtiss-Wright trades on the New York Stock Exchange (NYSE) under the ticker symbol "CW."

Curtiss-Wright's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.88%), Boston Partners (4.42%), State Street Corp (3.73%), Wellington Management Group LLP (3.70%), FMR LLC (1.99%) and Ameriprise Financial Inc. (1.99%). Insiders that own company stock include David Charles Adams, Gary A Ogilby, Harry Jakubowitz, John B Nathman, John C Watts, K Christopher Farkas, Kevin Rayment, Lynn J Bamford, Lynn M Bamford, Paul J Ferdenzi and Tom P Quinly.
View institutional ownership trends.

Shares of CW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CW stock can currently be purchased for approximately $170.34.

Curtiss-Wright (NYSE:CW) has a market capitalization of $6.53 billion and generates $2.56 billion in revenue each year. The aerospace company earns $294.35 million in net income (profit) each year or $8.04 on an earnings per share basis.

The company employs 8,100 workers across the globe.

Curtiss-Wright's mailing address is 130 HARBOUR PLACE DRIVE SUITE 300, DAVIDSON NC, 28036. The official website for the company is www.curtisswright.com. The aerospace company can be reached via phone at (704) 869-4600, via email at investor@curtisswright.com, or via fax at 973-541-3699.