Crane Company (CR)

NYSE: CR · Real-Time Price · USD
152.80
+0.27 (0.18%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.18%
Market Cap 8.75B
Revenue (ttm) 2.28B
Net Income (ttm) 263.10M
Shares Out 57.23M
EPS (ttm) 4.52
PE Ratio 33.79
Forward PE 27.25
Dividend $0.82 (0.54%)
Ex-Dividend Date Nov 29, 2024
Volume 339,784
Open 151.01
Previous Close 152.53
Day's Range 150.48 - 154.20
52-Week Range 110.49 - 188.52
Beta 1.39
Analysts Strong Buy
Price Target 167.00 (+9.29%)
Earnings Date Jan 27, 2025

About CR

Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts for commercial aerospace, as well as the military aerospace, defense, and space markets. This segment also offe... [Read more]

Sector Industrials
Founded 1855
Employees 7,300
Stock Exchange NYSE
Ticker Symbol CR
Full Company Profile

Financial Performance

In 2023, Crane Company's revenue was $2.09 billion, an increase of 2.53% compared to the previous year's $2.04 billion. Earnings were $255.90 million, a decrease of -36.20%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CR stock is "Strong Buy." The 12-month stock price forecast is $167.0, which is an increase of 9.29% from the latest price.

Price Target
$167.0
(9.29% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Crane Company Announces Promotion of Alejandro (Alex) Alcala to Chief Operating Officer

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, has promoted Alejandro (Alex) Alcala to Chief Operating...

11 days ago - Business Wire

KPS CAPITAL PARTNERS TO ACQUIRE THE ENGINEERED MATERIALS BUSINESS OF CRANE COMPANY

LEADING PROVIDER OF FIBERGLASS REINFORCED PLASTIC COMPOSITE PRODUCTS NEW YORK , Dec. 2, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it...

18 days ago - PRNewsWire

Crane Company Announces Agreement To Sell Engineered Materials Segment To KPS Capital Partners, LP

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has entered into a definitive agreeme...

18 days ago - Business Wire

Crane Company: Simply Impressive M&A Strategy

Crane Company's strategic split in 2023 led to a focused business, with the company focusing on aerospace, electronics, and process flow technologies. Despite high expectations, Crane's shares have ri...

6 weeks ago - Seeking Alpha

Crane Company Announces Acquisition of Technifab Products, Inc.

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that on Friday, November 1, 2024, it complete...

6 weeks ago - Business Wire

Crane Company (CR) Q3 2024 Earnings Call Transcript

Crane Company (NYSE:CR) Q3 2024 Earnings Call Transcript October 29, 2024 10:00 AM ET Company Participants Allison Poliniak - VP of IR Max Mitchell - Chairman, President and CEO Rich Maue - EVP and C...

7 weeks ago - Seeking Alpha

Crane Company Reports Third Quarter 2024 Results and Raises Full Year EPS Guidance

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the third quarter of 2024 and raised and narrowed its adjusted full-year EPS outlook. Max ...

7 weeks ago - Business Wire

Crane Company Announces Date for Third Quarter 2024 Earnings Release and Teleconference

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its third quarter 2024 earnings release: Earnings Release: October 28, 20...

2 months ago - Business Wire

Crane Company Announces the Appointment of Susan D. Lynch to its Board of Directors

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, today announced the appointment of Susan D. Lynch as a ...

4 months ago - Business Wire

Crane Company (CR) Q2 2024 Earnings Call Transcript

Crane Company (NYSE:CR) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Jason Feldman - Vice President, Treasury & Investor Relations Allison Poliniak - Senior Vice Pr...

5 months ago - Seeking Alpha

Crane Company Reports Second Quarter 2024 Results and Raises Full Year EPS Guidance

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the second quarter of 2024 and updated its full-year outlook. Max Mitchell, Crane's Chairm...

5 months ago - Business Wire

Daily Dividend Report: Norfolk Southern, GM, Comcast, Crane, CMS

Norfolk Southern announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024.

Other symbols: CMCSACMSGMNSC
5 months ago - Forbes

Crane Company Declares Third Quarter Dividend

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) today announced its regular quarterly dividend of $0.205 per share for the third quarter of 2024. The dividend is payable on September 11, 20...

5 months ago - Business Wire

Crane Company Announces Date for Second Quarter 2024 Earnings Release and Teleconference

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its second quarter 2024 earnings release: Earnings Release: July 29, 2024...

5 months ago - Business Wire

All Systems Go For Crane, As Execution And A Growth Pivot Drive A Major Re-Rating

Crane's strategic pivot has gotten Wall Street's attention, with strong price performance since the fall of 2023. Management is repositioning the Process Flow business toward higher-growth opportuniti...

6 months ago - Seeking Alpha

Crane Company Announces Resignation of John Stroup From its Board of Directors

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, today announced the resignation of John S. Stroup as a ...

7 months ago - Business Wire

Crane Company (CR) Q1 2024 Earnings Call Transcript

Crane Company (NYSE:CR) Q1 2024 Earnings Conference Call April 23, 2024 10:00 AM ET Company Participants Jason Feldman - Vice President, Treasury & Investor Relations Max Mitchell - President & Chief...

8 months ago - Seeking Alpha

Crane Company Reports First Quarter 2024 Results and Raises Full Year EPS Guidance

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the first quarter of 2024 and updated its full-year outlook. Max Mitchell, Crane's Chairma...

8 months ago - Business Wire

Crane Company Announces Date for First Quarter 2024 Earnings Release and Teleconference

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its first quarter 2024 earnings release: Earnings Release: April 22, 2024...

9 months ago - Business Wire

Crane Company Announces Annual Analyst Conference

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) will hold its annual investor conference on Tuesday, May 14, 2024, from 8:30 AM to 12:00 PM in New York City. Speakers will include Max H. Mi...

9 months ago - Business Wire

InnoCare Releases 2023 Results and Business Highlights

BEIJING--(BUSINESS WIRE)--InnoCare Pharma (HKEX: 09969; SSE: 688428), a leading biopharmaceutical company focusing on cancer and autoimmune diseases, today announced the 2023 annual results as of 31 D...

9 months ago - Business Wire

Crane Company (CR) Q4 2023 Earnings Call Transcript

Crane Company (CR) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

Crane Company Reports Fourth Quarter 2023 Results, Provides 2024 Guidance, and Raises Annual Dividend by 14%

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the fourth quarter of 2023 and provided guidance for 2024. Max Mitchell, Crane's President...

11 months ago - Business Wire

Crane: A Successful And Focused Transition

Crane has undergone significant changes, splitting up the business, as shares have been on a tear. The company reported solid financial results for the standalone business, with revenues and adjusted ...

1 year ago - Seeking Alpha

Crane Company Announces Acquisition of Vian Enterprises, Inc.

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (“Crane,” NYSE: CR) today announced that it has acquired Vian Enterprises, Inc. (“Vian”) for approximately $103 million on a cash free and debt free bas...

1 year ago - Business Wire