Crane (NYSE:CR) Releases Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Crane (NYSE:CR) released its quarterly earnings results on Monday. The conglomerate reported $1.26 EPS for the quarter, beating the consensus estimate of $1.19 by $0.07, Zacks reports. Crane had a net margin of 13.10% and a return on equity of 24.45%. During the same period last year, the firm earned $0.90 EPS. Crane updated its FY 2025 guidance to 5.300-5.600 EPS.

Crane Stock Up 12.3 %

Shares of CR opened at $175.64 on Wednesday. The firm has a market cap of $10.05 billion, a PE ratio of 23.26, a price-to-earnings-growth ratio of 1.93 and a beta of 1.22. The company’s fifty day moving average is $163.64 and its two-hundred day moving average is $158.67. Crane has a fifty-two week low of $110.49 and a fifty-two week high of $188.52. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29.

Crane Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.92 dividend on an annualized basis and a yield of 0.52%. This is a positive change from Crane’s previous quarterly dividend of $0.21. Crane’s dividend payout ratio (DPR) is 18.06%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Crane from $175.00 to $182.00 and gave the company a “buy” rating in a research report on Thursday, October 3rd. Stifel Nicolaus lowered their price target on shares of Crane from $176.00 to $170.00 and set a “hold” rating on the stock in a research report on Friday, January 24th. Finally, UBS Group increased their price target on shares of Crane from $152.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock 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.