Carrier Global Corporation (CARR)

NYSE: CARR · IEX Real-Time Price · USD
62.83
+0.93 (1.50%)
Jul 2, 2024, 4:00 PM EDT - Market closed
1.50%
Market Cap 56.61B
Revenue (ttm) 23.01B
Net Income (ttm) 1.25B
Shares Out 901.01M
EPS (ttm) 1.43
PE Ratio 43.94
Forward PE 21.45
Dividend $0.76 (1.21%)
Ex-Dividend Date Jun 21, 2024
Volume 2,008,955
Open 61.88
Previous Close 61.90
Day's Range 61.76 - 63.08
52-Week Range 45.68 - 66.50
Beta 1.20
Analysts Hold
Price Target 64.07 (+1.97%)
Earnings Date Jul 25, 2024

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
CEO David L. Gitlin
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 "Hold." The 12-month stock price forecast is $64.07, which is an increase of 1.97% from the latest price.

Price Target
$64.07
(1.97% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Carrier Announces Close of $1.425B Sale of its Industrial Fire Business

Net proceeds of approximately $1.1B expected to be used to pay down debt Global Commercial Refrigeration sale expected to close by the end of Q3 Sale process of Commercial and Residential Fire progres...

15 hours ago - PRNewsWire

Sentinel Capital Partners Carves Out Industrial Fire Business from Carrier

Creates Standalone Platform Spectrum Safety Solutions NEW YORK , July 2, 2024  /PRNewswire/ -- Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, announced...

15 hours ago - PRNewsWire

Sensitech to Strengthen Life Sciences Cold Chain Solutions with Acquisition of Berlinger & Co. Monitoring Solutions

BEVERLY, Mass. , June 19, 2024  /PRNewswire/ -- Carrier Global Corporation, on behalf of its Sensitech business, a world leader in supply chain visibility, has entered into a definitive agreement to a...

13 days ago - PRNewsWire

Heat Wave Hits US: 10 Stocks To Watch During June's Sweltering Temperatures

As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June's extreme weather.

Other symbols: DISEPCGNRCHDLIILOWSIX
15 days ago - Benzinga

Carrier's Ambitious Climate and Net Zero Targets Validated by the Science Based Target Initiative

SBTi validation further supports Carrier's decarbonization leadership PALM BEACH GARDENS, Fla. , June 13, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent cli...

19 days ago - PRNewsWire

Carrier is Developing Next-Generation Heat Pump Rooftop Units Through DOE Accelerator

CHARLOTTE, N.C. , June 12, 2024 /PRNewswire/ -- Carrier is partnering with the Department of Energy to develop next-generation heat pump technologies that result in higher efficiency light commercial ...

20 days ago - PRNewsWire

Carrier Board of Directors Declares Quarterly Cash Dividend

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

26 days ago - PRNewsWire

Kidde 'Helps Protect You From You' in Innovative Ad Campaign for Launch of New Detect Product Line

New Kidde Detect features cutting edge technology designed for over 25% faster smoke detection1 and fewer false alarms  MEBANE, N.C. , June 4, 2024 /PRNewswire/ -- Today, Kidde , North America's #1 ho...

4 weeks ago - PRNewsWire

HONEYWELL COMPLETES ACQUISITION OF CARRIER'S GLOBAL ACCESS SOLUTIONS BUSINESS AND UPDATES 2024 OUTLOOK

$4.95 Billion Acquisition Bolsters Honeywell's Strategic Alignment to the Automation Megatrend, Underpinned by Digitalization Positions Honeywell as a Leading Provider of Security Solutions in a Digit...

Other symbols: HON
4 weeks ago - PRNewsWire

Carrier Announces Close of $4.95B Sale of its Global Access Solutions Business

Advances Carrier's transformation into a focused global leader in intelligent climate and energy solutions Net proceeds of $4B expected to be used to pay down debt and help reduce net leverage to appr...

Other symbols: HON
4 weeks ago - PRNewsWire

USA Today Names Carrier Among America's Climate Leaders

PALM BEACH GARDENS, Fla. , May 30, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today joined a prestigious list of companies...

4 weeks ago - PRNewsWire

Carrier Recognized as Best Air Conditioner Brand by USA Today

INDIANAPOLIS , May 16, 2024  /PRNewswire/ -- Building on two years of being U.S. News & World Report's Best HVAC Company, Carrier's industry leadership and innovative solutions continue to be recogniz...

6 weeks ago - PRNewsWire

Nlyte Software Named Leader by G2 for Data Center Infrastructure Management

KENNESAW, Ga., May 14, 2024 /PRNewswire/ -- Nlyte® Software, a leading provider of data center infrastructure management solutions, has been named a leader by G2 Grid® in the Data Center Infrastructur...

7 weeks ago - PRNewsWire

Carrier to Present at the Wolfe Research 17th Annual Global Transportation & Industrials Conference

PALM BEACH GARDENS, Fla. , May 13, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & Chief Executive Officer David Gitlin and Senior Vice President & Chief Financial Officer Patr...

7 weeks ago - PRNewsWire

3 Buys and a Bail: Home Depot, Carrier Global, Tri Pointe Homes & Whirlpool

Ari Wald, Oppenheimer & Co. head of technical analysis, joins CNBC's 'The Exchange' to discuss four stocks: Home Depot, Carrier Global, Tri Pointe Homes, and Whirlpool.

Other symbols: HDTPHWHR
7 weeks ago - CNBC Television

Carrier to Present at the Oppenheimer 19th Annual Industrial Growth Conference

PALM BEACH GARDENS, Fla. , April 30, 2024  /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the Oppenheimer 19th Annu...

2 months ago - PRNewsWire

Three-Stock Lunch: Domino's Pizza, SoFi and Carrier Global

Quint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss plays for three stocks including: Domino's Pizza, SoFi and Carrier Global.

Other symbols: DPZSOFI
2 months ago - CNBC Television

Cramer's Stop Trading: Carrier

CNBC's Jim Cramer explains why he is keeping an eye on shares of Carrier Global.

2 months ago - CNBC Television

Carrier Global lowers full-year sales forecast as sticky inflation limits demand

Air conditioner maker Carrier Global cut its full-year revenue forecast on Thursday, anticipating continued pressure on consumer spending amid persistent inflation.

2 months ago - Reuters

Carrier Reports Strong First Quarter 2024 Results

Net sales up 17% versus first quarter 2023; organic sales up 2% GAAP EPS of $0.29 and adjusted EPS of $0.62 GAAP operating margin down 240 bps year over year; adjusted operating margin expanded 280 bp...

2 months ago - PRNewsWire

Carrier, the century-old inventor of the air conditioner, is moving on to the home heat pump

Carrier is pivoting to capture the booming market for climate-friendly home heat pumps as federal and state government offer tax credits and rebates.

2 months ago - CNBC

Carrier Ventures Announces Investment in Strategic Thermal Labs for Development of Groundbreaking Data Center Cooling Technology

PALM BEACH GARDENS, Fla. , April 18, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that its venture group, Ca...

2 months ago - PRNewsWire

Carrier First Quarter 2024 Earnings Advisory

PALM BEACH GARDENS, Fla. , April 4, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its first quarter 2024 earning...

3 months ago - PRNewsWire

Carrier Ranks 37 on Fortune's America's Most Innovative Companies List 2024

PALM BEACH GARDENS, Fla. , March 26, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, has ranked 37 out of 200 on Fortune's Amer...

3 months ago - PRNewsWire

Walmart.com Shoppers Now Have Direct Access to Bryant's Award-Winning HVAC Solutions and Highly Trained Technicians

INDIANAPOLIS , March 25, 2024 /PRNewswire/ -- Walmart.com, the second largest eCommerce provider in the U.S., will begin directing HVAC inquiries to Bryant Heating & Cooling dealers as it expands its ...

3 months ago - PRNewsWire