Carrier Global Corporation (CARR)

NYSE: CARR · IEX Real-Time Price · USD
38.12
-2.07 (-5.14%)
May 18, 2022 12:16 PM EDT - Market open
Market Cap32.33B
Revenue (ttm)20.57B
Net Income (ttm)2.66B
Shares Out848.24M
EPS (ttm)3.01
PE Ratio12.68
Forward PE17.48
Dividend$0.54 (1.42%)
Ex-Dividend DateApr 28, 2022
Volume3,725,258
Open38.75
Previous Close40.18
Day's Range38.02 - 39.48
52-Week Range36.23 - 58.89
Beta0.89
AnalystsBuy
Price Target51.14 (+34.2%)
Earnings DateApr 28, 2022

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, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, controls, and aftermarket components, as well as aftermarket repair and maintenance ser...

IndustryBuilding Products
Employees58,000
Stock ExchangeNYSE
Ticker SymbolCARR
Full Company Profile

Financial Performance

In 2021, Carrier Global's revenue was $20.61 billion, an increase of 18.09% compared to the previous year's $17.46 billion. Earnings were $1.66 billion, a decrease of -16.04%.

Financial Statements

Analyst Forecast

According to 30 analysts, the average rating for CARR stock is "Buy." The 12-month stock price forecast is 51.14, which is an increase of 34.17% from the latest price.

Price Target
$51.14
(34.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Carrier to Present at the Wolfe Global Transportation & Industrials Conference 2022

PALM BEACH GARDENS, Fla. , May 17, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the Wolfe Global Transportation...

20 hours ago - PRNewsWire

Carrier to Present at the 2022 Goldman Sachs Industrials and Materials Conference

PALM BEACH GARDENS, Fla. , May 4, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Chairman & CEO David Gitlin will speak at the 2022 Goldman Sachs Industrials and Materials Conference on Tue...

1 week ago - PRNewsWire

Want an Unsung ESG Stock? Try This HVAC and Refrigeration Leader

Carrier Global can help the climate and help your portfolio in one fell swoop.

2 weeks ago - The Motley Fool

Carrier (CARR) Q1 Earnings Beat Estimates, Revenues Down Y/Y

Carrier's (CARR) first-quarter results reflect weak performance of the Refrigeration, and Fire & Security segments. Yet, a strong momentum of the HVAC segment aids the results.

2 weeks ago - Zacks Investment Research

Carrier Global (CARR) Beats Q1 Earnings and Revenue Estimates

Carrier Global (CARR) delivered earnings and revenue surprises of 14.89% and 3.01%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Carrier Reports First Quarter 2022 Results

Net sales down 1% versus 2021 driven by the Chubb divestiture; organic sales up 10% GAAP EPS of $1.58 and adjusted EPS of $0.54 Operating margin up over 2,500 basis points due to the gain on the sale of...

2 weeks ago - PRNewsWire

Why Carrier Global (CARR) Might Surprise This Earnings Season

Carrier Global (CARR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 weeks ago - Zacks Investment Research

Carrier Global (CARR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Carrier Global (CARR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

Can Carrier Global (CARR) Keep the Earnings Surprise Streak Alive?

Carrier Global (CARR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 weeks ago - Zacks Investment Research

Carrier Board of Directors Declares Quarterly Cash Dividend

PALM BEACH GARDENS, Fla. , April 14, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain soluti...

1 month ago - PRNewsWire

Carrier (CARR) Boosts Fire & Security Segment Via HI-FOG LPU

Carrier Global's (CARR) Marioff strengthens portfolio offerings with the introduction of the Marioff HI-FOG Land Pump Unit.

1 month ago - Zacks Investment Research

Carrier First Quarter Earnings Advisory

PALM BEACH GARDENS, Fla. , April 5, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) will release its first quarter 2022 earnings on Thursday, April 28 and host a conference call and webcast ...

1 month ago - PRNewsWire

Carrier Announces Reference Yields for Its Cash Tender Offers for Its Outstanding Debt Securities

PALM BEACH GARDENS, Fla. , March 29, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced the Reference Yields for its previously announced cash tender offers (th...

1 month ago - PRNewsWire

Carrier Announces Early Results of Its Cash Tender Offers for Its Outstanding Debt Securities

PALM BEACH GARDENS, Fla. , March 29, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced the early tender results for its previously announced cash tender offers...

1 month ago - PRNewsWire

CORTIX Platform Named Winner in 2022 Artificial Intelligence Excellence Awards

Awards recognize organizations, products and people bringing AI to life and applying it to solve real problems KENNESAW, Ga. , March 23, 2022 /PRNewswire/ --  EcoEnergy Insights , a leading provider of ...

1 month ago - PRNewsWire

5 Industrials Stocks Sarah Ketterer Sees Value In

Causeway Capital Management, the Los Angeles-based firm founded by Sarah Ketterer (Trades, Portfolio) and Harry Hartford in 2001, seeks to achieve superior risk-adjusted returns by investing in misprice...

Other symbols:CNIGERYAAYWM
1 month ago - GuruFocus

Carrier Announces Tender Offers for Outstanding Debt Securities

PALM BEACH GARDENS, Fla., March 15, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced that it has commenced tender offers to purchase for cash the debt securit...

2 months ago - PRNewsWire

Carrier to Present at the J.P. Morgan Industrials Conference

PALM BEACH GARDENS, Fla., March 10, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Chairman & CEO David Gitlin will speak at the J.P.

2 months ago - PRNewsWire

Why Is Carrier Global (CARR) Down 7.1% Since Last Earnings Report?

Carrier Global (CARR) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Carrier to Present at the Bank of America Global Industrials Conference 2022

PALM BEACH GARDENS, Fla., March 8, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the Bank of America Global Indu...

2 months ago - PRNewsWire

Carrier Healthy Buildings Program Offers Solutions to Improve Indoor Air Quality and Rebuild Confidence in Indoor Spaces

PALM BEACH GARDENS, Fla., March 7, 2022 /PRNewswire/ -- As more U.S. schools, office buildings and sports venues move to pre-pandemic operations, ensuring the health and safety of indoor environments ha...

2 months ago - PRNewsWire

Appliance maker Carrier has a 'very good handle' on managing inflation, says CEO

Carrier CEO David Gitlin discussed the company's inflation management approach with CNBC's Jim Cramer on Tuesday's "Mad Money."

2 months ago - CNBC Television

Carrier CEO says the appliance maker has a 'very good handle' on managing inflation

"We're driving cost out of the system, and the key to drive long-term shareholder value is growth," the Carrier CEO told CNBC's Jim Cramer on Tuesday.

2 months ago - CNBC

Carrier Hosts 2022 Investor Day, Outlines Strategy for Long-Term Growth and Value Creation

PALM BEACH GARDENS, Fla., Feb. 22, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutio...

2 months ago - PRNewsWire

Carrier Expands Sustainability Solutions and Services Offering to Help Customers Achieve Decarbonization Goals

PALM BEACH GARDENS, Fla., Feb. 21, 2022 /PRNewswire/ -- Buildings are the biggest, most cost-effective climate mitigation solution available, according to a recent study.

2 months ago - PRNewsWire