Crane NXT Stock Price, News & Analysis (NYSE:CXT)

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crane NXT in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CXT shares.
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3 equities research analysts have issued 1 year target prices for Crane NXT's stock. Their CXT share price targets range from $65.00 to $72.00. On average, they expect the company's share price to reach $69.00 in the next twelve months. This suggests a possible upside of 31.2% from the stock's current price.
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Crane NXT's stock was trading at $13.9330 at the start of the year. Since then, CXT stock has increased by 277.4% and is now trading at $52.59.
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The company is scheduled to release its next quarterly earnings announcement on Monday, January 22nd 2024.
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Crane NXT, Co. (NYSE:CXT) announced its earnings results on Monday, November, 6th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.06. The firm earned $352.90 million during the quarter, compared to analysts' expectations of $355.10 million. Crane NXT had a trailing twelve-month return on equity of 21.51% and a net margin of 13.21%.

Crane NXT declared a quarterly dividend on Monday, November 6th. Investors of record on Thursday, November 30th will be paid a dividend of $0.14 per share on Wednesday, December 13th. This represents a $0.56 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for CXT.

Crane NXT (NYSE:CXT) pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.10%. The dividend payout ratio is 13.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CXT will have a dividend payout ratio of 12.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CXT.

ETFs with the largest weight of Crane NXT (NYSE:CXT) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD), Adaptiv Select ETF (ADPV), Pinnacle Focused Opportunities ETF (FCUS), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), Invesco Dorsey Wright Industrials Momentum ETF (PRN), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Invesco S&P MidCap Value with Momentum ETF (XMVM) and First Trust Mid Cap Value AlphaDEX Fund (FNK).

Crane NXT issued an update on its FY23 earnings guidance on Monday, November, 6th. The company provided earnings per share guidance of $4.00-4.15 for the period, compared to the consensus EPS estimate of $4.10.

Crane NXT's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (12.75%), Victory Capital Management Inc. (2.09%), Lord Abbett & CO. LLC (1.26%), Fuller & Thaler Asset Management Inc. (1.15%), Gamco Investors INC. ET AL (1.08%) and The Manufacturers Life Insurance Company (1.01%). Insiders that own company stock include Cristen L Kogl, Cristen L Kogl, Kurt F Gallo and Max H Mitchell.
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Shares of CXT 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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