Crane (NYSE:CR) Announces Earnings Results

Crane (NYSE:CR) issued its quarterly earnings data on Monday. The conglomerate reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.07, Zacks reports. Crane had a return on equity of 24.45% and a net margin of 13.10%. Crane updated its FY 2025 guidance to 5.300-5.600 EPS.

Crane Price Performance

Shares of CR traded down $5.33 during mid-day trading on Monday, hitting $156.35. 522,720 shares of the stock were exchanged, compared to its average volume of 255,343. Crane has a 52-week low of $110.49 and a 52-week high of $188.52. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18. The firm has a 50-day moving average of $163.99 and a two-hundred day moving average of $158.40. The company has a market cap of $8.95 billion, a PE ratio of 20.71, a price-to-earnings-growth ratio of 1.93 and a beta of 1.22.

Crane Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.59%. This is an increase from Crane’s previous quarterly dividend of $0.21. Crane’s dividend payout ratio is 18.06%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on CR shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of Crane from $175.00 to $182.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. UBS Group raised their price objective on Crane from $152.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Finally, Stifel Nicolaus reduced their target price on shares of Crane from $176.00 to $170.00 and set a “hold” rating on the stock in a research report on Friday. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $166.80.

Crane Company Profile

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.