Carrier Global Corporation (CARR)

NYSE: CARR · Real-Time Price · USD
68.49
+2.03 (3.05%)
Dec 20, 2024, 4:00 PM EST - Market closed
3.05%
Market Cap 61.45B
Revenue (ttm) 24.80B
Net Income (ttm) 3.47B
Shares Out 897.23M
EPS (ttm) 3.85
PE Ratio 40.31
Forward PE 23.81
Dividend $0.79 (1.16%)
Ex-Dividend Date Dec 20, 2024
Volume 6,577,147
Open 66.69
Previous Close 66.47
Day's Range 66.69 - 69.13
52-Week Range 53.13 - 83.32
Beta 1.21
Analysts Buy
Price Target 81.14 (+18.47%)
Earnings Date Feb 4, 2025

About CARR

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, heat pumps, controls, and aft... [Read more]

Sector Industrials
Founded 2019
Employees 53,000
Stock Exchange NYSE
Ticker Symbol CARR
Full Company Profile

Financial Performance

In 2023, Carrier Global's revenue was $22.10 billion, an increase of 8.21% compared to the previous year's $20.42 billion. Earnings were $1.35 billion, a decrease of -61.83%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CARR stock is "Buy." The 12-month stock price forecast is $81.14, which is an increase of 18.47% from the latest price.

Price Target
$81.14
(18.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Carrier Named to Inaugural Forbes Most Trusted Companies in America List

PALM BEACH GARDENS, Fla. , Dec. 12, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, was recently named to Forbes' inaugural Mos...

9 days ago - PRNewsWire

14 Upcoming Dividend Increases

I focus on companies consistently increasing dividends and beating benchmarks, using data from the U.S. Dividend Champions spreadsheet and NASDAQ. The list includes companies with at least five years ...

Other symbols: AINECLEFSCEMNFNFHIKLIC
9 days ago - Seeking Alpha

Carrier Board of Directors Announces an 18 Percent Increase in Quarterly Dividend to $0.225 per Share

PALM BEACH GARDENS, Fla. , Dec. 6, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors ...

15 days ago - PRNewsWire

Southwest Airlines' stock jumps as carrier is latest to raise guidance on strong travel demand

Southwest Airlines Co.'s stock jumped 2.4% in premarket trade Thursday, after it became the latest airline to boost guidance for the fourth quarter, as travel demand remains resilient and it benefits ...

Other symbols: LUV
16 days ago - Market Watch

Carrier Completes Strategic Portfolio Transformation with Closing of $3B Sale of its Commercial and Residential Fire Business

PALM BEACH GARDENS, Fla. , Dec. 2, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has completed the sale of...

19 days ago - PRNewsWire

Carrier Global Corporation (CARR) Baird's 2024 Global Industrial Conference (Transcript)

Carrier Global Corporation (NYSE:CARR) Baird's 2024 Global Industrial Conference November 12, 2024 11:50 AM ET Company Participants David Gitlin - Chairman & Chief Executive Officer Patrick Goris - S...

5 weeks ago - Seeking Alpha

Carrier Honored with World Environment Center's 2024 Gold Medal Award for Corporate Sustainability

GE Aerospace's Chairman and CEO, H. Lawrence Culp, Jr., Presented Carrier with Prestigious Award PALM BEACH GARDENS, Fla.

5 weeks ago - PRNewsWire

Carrier to Present at Baird's 2024 Global Industrial Conference

PALM BEACH GARDENS, Fla. , Nov. 4, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the Baird 2024 G...

6 weeks ago - PRNewsWire

Carrier Global Q3: Don't Lose Your Cool Over Updated Guidance

Carrier Global Corp. is completing its transformation into a focused HVAC and transport refrigeration company, with higher growth and exposure to secular trends. The 9% price drop post-earnings releas...

2 months ago - Seeking Alpha

Carrier Global Q3: Strong Orders Supporting FY 2025 Growth

I reiterate a 'Strong Buy' rating for Carrier Global, driven by their transformation into a climate and energy solutions pure play and robust order growth. Carrier Global's 4% organic revenue growth a...

2 months ago - Seeking Alpha

Carrier Global Stock Cools on Soft Sales, Guidance Cut

Carrier Global (CARR) shares tumbled Thursday as the manufacturer of air conditioners and building automation systems posted lower-than-expected sales and cut its guidance as it moved to exit its Fire...

2 months ago - Investopedia

Carrier Global Corporation (CARR) Q3 2024 Earnings Call Transcript

Carrier Global Corporation (NYSE:CARR) Q3 2024 Earnings Conference Call October 24, 2024 7:30 AM ET Company Participants Samuel Pearlstein - Vice President of Investor Relations, CFO of Fire & Securi...

2 months ago - Seeking Alpha

Carrier Reports Strong Third Quarter 2024 Results

Fire & Security segment now reported as discontinued operations making prior guidance not comparable Net sales of $6.0 billion up 21% versus third quarter 2023; organic sales up 4% GAAP EPS from conti...

2 months ago - PRNewsWire

Carrier Board of Directors Declares Quarterly Cash Dividend

PALM BEACH GARDENS, Fla. , Oct. 10, 2024  /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors...

2 months ago - PRNewsWire

Carrier Third Quarter 2024 Earnings Advisory

PALM BEACH GARDENS, Fla. , Oct. 8, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its third quarter 2024 earnings...

2 months ago - PRNewsWire

Kidde Releases Powerful Plea from Child House Fire Survivors for Its Cause For Alarm Campaign

The brand is joining forces with Multi-Platinum Recording Artist and mom Jordin Sparks  to champion the importance of fire safety with the "Living Jingle" MEBANE, N.C. , Oct. 8, 2024 /PRNewswire/ -- K...

2 months ago - PRNewsWire

Marking a Pivotal Step in Transformation Journey, Carrier Integrates its EcoEnergy Insights™ and Abound™ Digital Solutions

Carrier aligns its EcoEnergy Insights' suite of solutions under Carrier Abound to accelerate positioning as a global leader in intelligent climate and energy solutions  PALM BEACH GARDENS, Fla. , Oct....

2 months ago - PRNewsWire

Calls of the Day: MercadoLibre, Rio Tinto, Apollo, Berkshire, Carrier and Trade Desk

The Investment Committee debate the latest Calls Of The Day.

Other symbols: MELIRIOTTDAPO
2 months ago - CNBC Television

Haier Smart Home Successfully Completes Acquisition of Carrier Commercial Refrigeration

FRANKFURT, Germany and QINGDAO, China , Oct. 2, 2024 /PRNewswire/ -- October 1st 2024 (Beijing time), Haier Smart Home Co., Ltd. (listed on the Shanghai, Hong Kong, and Frankfurt stock exchanges; stoc...

2 months ago - PRNewsWire

Carrier Completes $775M Sale of its Commercial Refrigeration Business to Haier

PALM BEACH GARDENS, Fla. , Oct. 2, 2024 /PRNewswire/ --  Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has completed the sale o...

2 months ago - PRNewsWire

Carrier Hosts Climate Summit Focused on Building Resilience and Advancing Sustainability in the Built Environment

Carrier's commitment to climate action and sustainable innovation takes center stage at the event in partnership with FT Live and JLL. PALM BEACH GARDENS, Fla.

3 months ago - PRNewsWire

Carrier Survey: U.S. Executives Prioritize Sustainability for 2025, with Building Decarbonization Leading the Way

PALM BEACH GARDENS, Fla. , Sept. 17, 2024 /PRNewswire/ -- Sustainability is rising to the top of U.S. corporate agendas, with building decarbonization emerging as a critical focus for the years ahead,...

3 months ago - PRNewsWire

Carrier Completes Department of Energy's Cold Climate Heat Pump Challenge: Transformative Innovation Set for 2024 Commercial Rollout

Consumers in northern regions can use incentives such as rebates and tax credits ranging from around $2,000 - $8,000 depending on location and eligibility to purchase these high-efficiency units. INDI...

3 months ago - PRNewsWire

Carrier Global Corporation (CARR) Morgan Stanley's 12th Annual Laguna Conference (Transcript)

Carrier Global Corporation (NYSE:CARR) Morgan Stanley's 12th Annual Laguna Conference September 11, 2024 11:10 AM ET Company Participants David Gitlin - Chairman & CEO Patrick Goris - SVP & CFO Confe...

3 months ago - Seeking Alpha

Carrier Global: Transforming Into Pure Play In Climate And Energy Solutions

Carrier Global's stock has surged 24% since February 2024, outperforming the S&P 500, and I reiterate a 'Strong Buy' rating with a fair value of $88 per share. Carrier's strategic divestitures and acq...

3 months ago - Seeking Alpha