Carrier Global Corporation (CARR)

NYSE: CARR · IEX Real-Time Price · USD
53.57
-0.68 (-1.25%)
Apr 18, 2024, 3:47 PM EDT - Market open
-1.25%
Market Cap 48.26B
Revenue (ttm) 22.10B
Net Income (ttm) 1.35B
Shares Out 900.10M
EPS (ttm) 1.58
PE Ratio 33.88
Forward PE 18.51
Dividend $0.76 (1.42%)
Ex-Dividend Date Dec 20, 2023
Volume 2,113,357
Open 54.59
Previous Close 54.25
Day's Range 53.44 - 54.82
52-Week Range 40.28 - 60.87
Beta 1.25
Analysts Hold
Price Target 61.15 (+14.0%)
Earnings Date Apr 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 13 analysts, the average rating for CARR stock is "Hold." The 12-month stock price forecast is $61.15, which is an increase of 14.00% from the latest price.

Price Target
$61.15
(14.00% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

6 hours 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...

13 days 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...

22 days 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 ...

24 days ago - PRNewsWire

Carrier Announces Updated Timing of its Presentation at the Bank of America Global Industrials Conference

PALM BEACH GARDENS, Fla., March 18, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the Bank of America Global ...

4 weeks ago - PRNewsWire

Carrier to Present at the Bank of America Global Industrials Conference

PALM BEACH GARDENS, Fla. , March 11, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the Bank of America Global...

5 weeks ago - PRNewsWire

Carrier to sell industrial fire business in $1.43 bln deal

Carrier said on Tuesday it would sell its Industrial Fire division to Sentinel Capital Partners in a $1.43 billion deal, as it looks to focus on its mainstay heating and cooling equipment businesses.

6 weeks ago - Reuters

Carrier Announces Agreement to Sell Industrial Fire Business to Sentinel Capital Partners for $1.425 Billion

PALM BEACH GARDENS, Fla. , March 5, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, entered into a definitive agreement today t...

6 weeks ago - PRNewsWire

Carrier to Present at the Barclays Industrial Select Conference

PALM BEACH GARDENS, Fla. , Feb. 14, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the Barclays Ind...

2 months ago - PRNewsWire

Three-Stock Lunch: Teradyne, Broadridge Fin and Carrier Global

Dave Wagner, Aptus Capital Advisors portfolio manager, joins 'Power Lunch' to discuss three stock plays including Teradyne, Broadridge Fin and Carrier Global.

Other symbols: BRTER
2 months ago - CNBC Television

Carrier Stock Is Rising on Strong Sales Guidance. Digesting the Numbers Is Key.

Shares of the heating and ventilation company are up after Carrier provided upside sales guidance for 2024. The firm is going through big changes.

2 months ago - Barrons

Carrier Global beats quarterly profit estimates on demand from commercial customers

Carrier Global beat Wall Street estimates for fourth-quarter profit on Tuesday, driven by robust demand for the company's heating, ventilating and air conditioning (HVAC) products from commercial cust...

2 months ago - Reuters

Carrier Reports Strong 2023 Results and Announces 2024 Outlook

Fourth Quarter 2023 Highlights Sales of $5.1B Operating margin expansion of 340 basis points and adjusted operating margin expansion of 80 basis points GAAP EPS of $0.49, up 53% vs. 2022 and adjusted ...

2 months ago - PRNewsWire

Carrier Fourth Quarter 2023 Earnings Advisory

PALM BEACH GARDENS, Fla. , Jan. 16, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its fourth quarter 2023 earnin...

3 months ago - PRNewsWire

Carrier Signs Agreement with Montana Technologies to Commercialize Carbon-Reducing Cooling Technology for HVAC Solutions

PALM BEACH GARDENS, Fla. , Jan. 8, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced entry into a binding term sh...

3 months ago - PRNewsWire

Montana Technologies Enters Joint Commercialization Agreement Term Sheet with Carrier Global to Provide Carbon-Reducing Cooling Technology for Key Global Markets

Montana's AirJoule Technology Aims to Reduce Power Consumption and Carbon Emission, While Reducing or Eliminating the Use of Refrigerants Includes $10 Million Growth Equity Investment Conditional Comm...

3 months ago - PRNewsWire

Carrier Global's CEO discusses acquisition of Viessmann Climate Solutions SE, growth outlook, & more

Carrier Global's (CARR) acquisition of Viessmann Climate Solutions SE was finalized on Tuesday morning after the deal was approved by the European Union. The company recently sold a refrigeration comp...

3 months ago - Yahoo Finance

Carrier CEO on Security Unit Sale, Viessmann, Strategy

Carrier Global Corp. Chair and CEO David Gitlin discusses the sale of the company's security unit to Honeywell, the completion of its acquisition of Viessmann Climate Solutions and the possible sale o...

3 months ago - Bloomberg Markets and Finance

Carrier Completes Acquisition of Viessmann Climate Solutions

Marks significant milestone in Carrier's transformation as the global leader in intelligent climate and energy solutions PALM BEACH GARDENS, Fla. , Jan. 2, 2024 /PRNewswire/ -- Carrier Global Corporat...

3 months ago - PRNewsWire

Carrier Receives European Commission Approval to Complete Acquisition of Viessmann Climate Solutions

Approval marks final transaction regulatory clearance; closing expected January 2, 2024 PALM BEACH GARDENS, Fla. , Dec. 18, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader ...

4 months ago - PRNewsWire

Haier Smart Home Acquires Carrier's Commercial Refrigeration Business for USD 640 million

QINGDAO, China , Dec. 13, 2023 /PRNewswire/ -- Haier Smart Home entered into a stock purchase agreement with Carrier Global Corporation (NYSE: CARR) to acquire Carrier's Commercial Refrigeration Busin...

4 months ago - PRNewsWire

Carrier Announces Agreement to Sell Carrier Commercial Refrigeration to Haier

PALM BEACH GARDENS, Fla. , Dec. 13, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, entered into a definitive agreement today t...

4 months ago - PRNewsWire

Honeywell to Buy Carrier Security Business

Vimal Kapur, Honeywell CEO explains why the deal to buy Carrier adds to Honeywell's focus on automation and outlines his priorities as CEO.

Other symbols: HON
4 months ago - Bloomberg Markets and Finance

Honeywell Buys Carrier Security Unit for Nearly $5B to Boost Building Automation Products

Honeywell (HON) agreed to pay $4.95 billion to buy Carrier's (CARR) Global Access Solutions division in an all-cash deal to enhance Honeywell's building automation capabilities.

Other symbols: HON
4 months ago - Investopedia

Honeywell CEO discusses security unit deal with Carrier Global

Carrier Global Corp (NYSE: CARR) is up 5.0% on Friday after Honeywell International Inc (NASDAQ: HON) said it will buy the multinational's security unit for $4.95 billion.

Other symbols: HON
4 months ago - Invezz