Crane Company (CR)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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.
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
Crane Company (CR) Q4 2023 Earnings Call Transcript
Crane Company (CR) Q4 2023 Earnings Call Transcript
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...
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 ...
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...