Carrier Global Corporation (CARR)
Market Cap | 60.16B |
Revenue (ttm) | 23.70B |
Net Income (ttm) | 3.38B |
Shares Out | 901.01M |
EPS (ttm) | 3.75 |
PE Ratio | 17.81 |
Forward PE | 22.80 |
Dividend | $0.76 (1.14%) |
Ex-Dividend Date | Jun 21, 2024 |
Volume | 3,454,050 |
Open | 65.80 |
Previous Close | 64.83 |
Day's Range | 65.58 - 67.78 |
52-Week Range | 45.68 - 70.09 |
Beta | 1.19 |
Analysts | Buy |
Price Target | 65.53 (-1.86%) |
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]
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 StatementsAnalyst Forecast
According to 15 analysts, the average rating for CARR stock is "Buy." The 12-month stock price forecast is $65.53, which is a decrease of -1.86% from the latest price.
News
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Carrier Announces Tender Offers for Outstanding Debt Securities
PALM BEACH GARDENS, Fla. , July 26, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced that it has commenced tender offers to purchase for cash the debt secur...
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Carrier Earnings Beat Estimates. Why the Stock Is Dropping.
The HVAC company's sales missed the mark.
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Carrier Reports Strong Second Quarter 2024 Results
Net sales of $6.7 billion up 12% versus second quarter 2023; organic sales up 2% GAAP EPS of $2.55 up significantly and adjusted EPS of $0.87 up double-digits GAAP operating margin expanded significan...
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Baird upgrades Carrier Global stock to Outperform with $75 price target: Should you jump in?
On Monday, analysts at Baird upgraded the stock of Carrier Global Corp (NYSE: CARR) from a Neutral to an Outperform rating. The upgrade is based on Carrier's promising valuation and improving business...
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Home builders, flooring companies and pool maker stocks rally as CPI data boosts rate-cut hopes
Home builder stocks were rallying across the board on Thursday, after government data showed U.S. consumer prices falling for the first time in more than four years, boosting hopes the Federal Reserve...
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Carrier Second Quarter 2024 Earnings Advisory
PALM BEACH GARDENS, Fla. , July 9, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its second quarter 2024 earning...
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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...
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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...
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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...
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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...
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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 ...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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.
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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...
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.
Cramer's Stop Trading: Carrier
CNBC's Jim Cramer explains why he is keeping an eye on shares of Carrier Global.
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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.