Crane Company (CR)

NYSE: CR · IEX Real-Time Price · USD
130.73
+1.25 (0.97%)
At close: Apr 22, 2024, 4:00 PM
136.99
+6.26 (4.79%)
After-hours: Apr 22, 2024, 7:57 PM EDT
0.97%
Market Cap 7.46B
Revenue (ttm) 2.42B
Net Income (ttm) 255.90M
Shares Out 57.03M
EPS (ttm) 4.45
PE Ratio 29.38
Forward PE 26.39
Dividend $0.82 (0.63%)
Ex-Dividend Date Feb 28, 2024
Volume 264,358
Open 130.05
Previous Close 129.48
Day's Range 128.70 - 131.92
52-Week Range 67.28 - 139.34
Beta 1.45
Analysts Strong Buy
Price Target 122.00 (-6.68%)
Earnings Date Apr 22, 2024

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, a decrease of -38.18% compared to the previous year's $3.37 billion. Earnings were $255.90 million, a decrease of -36.20%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CR stock is "Strong Buy." The 12-month stock price forecast is $122.0, which is a decrease of -6.68% from the latest price.

Price Target
$122.0
(-6.68% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

15 hours 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...

17 days 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...

19 days 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...

25 days ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

6 months ago - Market Watch

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...

6 months ago - Business Wire

Crane NXT, Co. Announces Dates For Third Quarter 2023 Earnings Release and Earnings Call

WALTHAM, Mass.--(BUSINESS WIRE)--CXT Q3 2023 Earnings Announcement.

6 months ago - Business Wire

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...

7 months ago - Business Wire

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%.

9 months ago - Market Watch

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

Other symbols: CXT
11 months ago - GuruFocus

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...

1 year ago - Market Watch

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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.,...

1 year ago - Business Wire

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...

Other symbols: CXT
1 year ago - Business Wire

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...

Other symbols: SPGI
1 year ago - PRNewsWire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Market Watch

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...

1 year ago - Business Wire