Crane Company (CR)
Market Cap | 6.02B |
Revenue (ttm) | 2.71B |
Net Income (ttm) | 313.20M |
Shares Out | 56.77M |
EPS (ttm) | 5.46 |
PE Ratio | 19.42 |
Forward PE | 23.95 |
Dividend | $0.72 (0.68%) |
Ex-Dividend Date | Nov 29, 2023 |
Volume | 222,446 |
Open | 105.83 |
Previous Close | 105.68 |
Day's Range | 105.40 - 107.43 |
52-Week Range | 67.28 - 110.19 |
Beta | 1.47 |
Analysts | Buy |
Price Target | 105.33 (-0.66%) |
Earnings Date | Jan 22, 2024 |
About CR
Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the Americas, Europe, the Middle East, Asia, and Australia. The company has 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, primarily for the commercial aerospace, and the military aerospace, defense, and space markets. This segment also offers pressure sensors for airc... [Read more]
Financial Performance
In 2022, Crane Company's revenue was $3.37 billion, an increase of 6.13% compared to the previous year's $3.18 billion. Earnings were $410.60 million, a decrease of -5.70%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for CR stock is "Buy." The 12-month stock price forecast is $105.33, which is a decrease of -0.66% from the latest price.
News

Crane's stock rallies more than 5% after Q3 beat, deal to buy piping company
Crane Co. CR, -1.70% shares rose more than 5% in the extended session Monday after the industrials company reported third-quarter earnings that beat Wall Street expectations and said it was on the pro...

Crane Company Reports Third Quarter 2023 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 2023 and updated its full-year outlook. Max Mitchell, Crane's Preside...

Crane NXT, Co. Announces Dates For Third Quarter 2023 Earnings Release and Earnings Call
WALTHAM, Mass.--(BUSINESS WIRE)--CXT Q3 2023 Earnings Announcement.

Crane Company Announces Date for Third Quarter 2023 Earnings Release and Teleconference
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its third quarter 2023 earnings release: Earnings Release: October 23, 20...

Crane lifts 2023 sales, adjusted operating margin forecasts
The Stamford, Conn.-based company forecast sales growth of 6% and core sales growth between 5% and 7%.

Crane Company Reports Second Quarter 2023 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 2023 and updated its full-year outlook. Max Mitchell, Crane's Presid...

Crane Company Announces Date for Second Quarter 2023 Earnings Release and Teleconference
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its second quarter 2023 earnings release: Earnings Release: July 25, 2023...

Crane NXT: Unknown and Undervalued
Contrary to popular belief, the amount of paper currency in circulation has been increasing in certain years. Global banknotes in circulation have increased from almost $200 billion in 2013 to $321 bi...

Crane Co. raises guidance, posts better-than-expected Q1
Crane Co. CR stock rose nearly 5% in the extended session Wednesday after reporting better-than-expected first-quarter earnings and raising its guidance for the year. Crane earned $62 million, or $1.0...

Crane Company Reports First Quarter 2023 Results and Updates Full Year Guidance
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the first quarter of 2023 and updated its full-year outlook. Crane operated as part of Cra...

Crane Company Announces Date for First Quarter 2023 Earnings Release and Teleconference
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its first quarter 2023 earnings release: Earnings Release: May 10, 2023 a...

Crane Company Completes Separation from Crane Holdings, Co.
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (“Crane,” NYSE: CR), a manufacturer of highly engineered industrial products, today announced the completion of its separation from Crane Holdings, Co.,...

Crane NXT, Co. Completes Separation from Crane Company
WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (“Crane NXT,” NYSE: CXT), a premier industrial technology company, today announced the completion of its separation from Crane Company, and its launch a...

Crane Set to Join S&P MidCap 400; PacWest Bancorp to Join S&P SmallCap 600
NEW YORK , March 29, 2023 /PRNewswire/ -- Crane Co. (NYSE:CR) will be added to the S&P MidCap 400 effective prior to the open of trading on Tuesday, April 4, replacing PacWest Bancorp (NASD:PACW) whic...

Crane Holdings, Co. Announces Board of Directors and Executive Leadership Team for Crane Company Following Separation Transaction
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced the members of its board of directors an...

Crane Holdings, Co. Announces Board of Directors and Executive Leadership Team for Crane NXT Following Separation Transaction
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced the members of its board of directors an...

Crane Holdings, Co. Names Jennifer Kartono Senior Vice President, Chief Human Resources Officer of Crane NXT
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced that Jennifer Kartono has been appointed...

Crane's financing for split into two publicly traded companies completed
Crane Holdings Co. CR, +2.15% said late Monday the financing part of its goal to split into two publicly traded companies has been secured. The credit agreements will provide an aggregate principal am...

Crane Holdings, Co. Completes Financing For Upcoming Separation
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane” or the “Company,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced the signing of credit a...

Crane Holdings, Co. Names Paul G. Igoe Senior Vice President, General Counsel, and Secretary of Crane NXT
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced that Paul G. Igoe has been appointed Sen...

Johnson & Johnson, Kellogg, and 2 Other Spinoffs to Watch in 2023
Kellogg, Johnson & Johnson, Crane, and BorgWarner are planning to hive off a chunk of their businesses in 2023. What investors need to know.

Crane Holdings, Co. Announces Timing and Additional Details Regarding its Previously Announced Separation
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane” or the “Company,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced the timing and additional det...

Crane Holdings, Co. Names Christina Cristiano CFO of Crane NXT
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced that Christina Cristiano has been appoin...

Crane Holdings, Co. Announces Effectiveness of the Form 10 Registration Statement for Crane Company
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane” or the “Company,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced that the U.S. Securities and ...

When Will Crane Holdings Take Flight?
If you are wondering if Crane Holdings (NYSE: CR) stock will take flight and move up to a new high, the odds are high that it won't, at least not right away. Numerous factors in play point to higher p...