Carrier Global Corporation (CARR)
| Market Cap | 47.78B |
| Revenue (ttm) | 19.74B |
| Net Income (ttm) | 2.50B |
| Shares Out | 868.70M |
| EPS (ttm) | 2.81 |
| PE Ratio | 19.61 |
| Forward PE | 22.32 |
| Dividend | $0.44 (0.80%) |
| Ex-Dividend Date | Jun 23, 2021 |
| Volume | 15,945,644 |
| Open | 54.77 |
| Previous Close | 55.07 |
| Day's Range | 54.57 - 55.08 |
| 52-Week Range | 28.48 - 58.89 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 60.00 (+9.1%) |
| Est. Earnings Date | Oct 28, 2021 |
About CARR
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating and cooling needs of residential and commercial customers. Its products include air conditioners, heating systems, controls, and aftermarket components, as well as aftermarket repair and maintenance services and buil...
Financial Performance
In 2020, Carrier Global's revenue was $17.46 billion, a decrease of -6.19% compared to the previous year's $18.61 billion. Earnings were $1.98 billion, a decrease of -6.33%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for Carrier Global stock is "Buy." The 12-month stock price forecast is 60.00, which is an increase of 9.09% from the latest price.
News
Carrier to Acquire BrokerBay Inc., a Leading Digital Real Estate Solutions Provider
PALM BEACH GARDENS, Fla., Sept. 16, 2021 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solution...
Top 5 High-Flying Low-Beta Stocks for a Volatile September
We have narrowed down our search to five large-cap low-beta stocks that have provided double-digit returns in the past three months. These are: DHR, COST, CARR, MSI, and RSG.
New Global Study Supports Healthy Buildings as a Critical Public Health Strategy
PALM BEACH GARDENS, Fla., Sept. 9, 2021 /PRNewswire/ -- For the first time on a global scale, new research has found that healthy buildings with enhanced ventilation can improve the cognitive function a...
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Carrier to Present at the Morgan Stanley Virtual Laguna Conference
PALM BEACH GARDENS, Fla., Sept. 7, 2021 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & Chief Executive Officer Dave Gitlin and Senior Vice President & Chief Financial Officer Patrick...
Carrier Acquires Remaining Stake In Guangdong Giwee Group
Carrier Global Corp (NYSE: CARR) completed the acquisition of the remainder of Guangdong Giwee Group (Giwee Group) and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Lt...
Carrier Finalizes Acquisition of Guangdong Giwee Group, China-based HVAC Manufacturer
CHARLOTTE, N.C., Sept. 7, 2021 /PRNewswire/ -- Carrier today announced it has completed the acquisition of the remainder of Guangdong Giwee Group (Giwee Group) and its subsidiaries, including Guangdong ...
3 Stocks to Buy That Raised Guidance Recently
An aerospace giant, a leading heating, ventilation, and air conditioning company, and an electrical products company make up a list of stocks to buy.
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Kidde Helps Parents Prepare Children to Stay Home Alone Safely After School
MEBANE, N.C., Aug. 24, 2021 /PRNewswire/ -- After months of working remotely due to the COVID-19 pandemic, some parents are preparing to return to the office.
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Wildfires, Pandemic Drive Air Purifier Sales: 4 Stocks to Watch
Air purifier sales have jumped since the onset of the pandemic, which is helping companies like Whirlpool Corporation (WHR) and Carrier Global Corp. (CARR).
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Carrier Reduces its Customers' Carbon Footprint by 68 Million Metric Tons in 2020
PALM BEACH GARDENS, Fla., Aug. 11, 2021 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutio...
Here's Why Carrier Global (CARR) is a Great Momentum Stock to Buy
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'We just couldn't get in front of it.' Spirit Airlines CEO explains what caused the carrier's meltdown
Spirit Airlines CEO says the company expects to "turn a corner" after hundreds of cancellations.
Carrier Gains Momentum as it Helps K-12 Students Return Safely to Schools
PALM BEACH GARDENS, Fla., Aug. 4, 2021 /PRNewswire/ -- As thousands of school districts across North America prepare for students to return, Carrier Global Corporation (NYSE: CARR), the leading global p...
Jim Cramer recommends HVAC company Carrier Global
"Unlike Robinhood, Carrier is deliciously not sexy," the "Mad Money" host said.
Jim Cramer says Carrier is a 'deliciously not sexy' stock investors can get behind
"We spend a lot of time focused on exciting companies … it's often easier to make good money from boring companies like Carrier," the "Mad Money" host said.
Carrier (CARR) Q2 Earnings & Sales Top Estimates, Rise Y/Y
Carrier's (CARR) second-quarter results benefit from solid momentum across HVAC, transport refrigeration, and Fire and Security.
Carrier Global Stock Rises After Q2 Earnings Beat, New $1.75B Share Buyback
Carrier Global Corp (NYSE: CARR) reported second-quarter sales growth of 37% year-over-year to $5.44 billion and 31% on an organic basis, beating the consensus estimate of million. Sales by segments: HV...
Carrier Global (CARR) Q2 Earnings and Revenues Beat Estimates
Carrier Global (CARR) delivered earnings and revenue surprises of 14.29% and 9.90%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Carrier's Board Approves $1.75 Billion Share Repurchase Authorization
PALM BEACH GARDENS, Fla., July 29, 2021 /PRNewswire/ -- On July 27, 2021, Carrier Global Corporation's (NYSE:CARR) Board of Directors approved a $1.75 billion stock repurchase authorization.