Crane (NYSE:CR – Get Free Report) declared a quarterly dividend on Tuesday, July 28th. Stockholders of record on Monday, August 31st will be paid a dividend of 0.255 per share by the conglomerate on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, August 31st.
Crane has a dividend payout ratio of 16.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Crane to earn $8.57 per share next year, which means the company should continue to be able to cover its $1.02 annual dividend with an expected future payout ratio of 11.9%.
Crane Stock Down 8.5%
CR stock opened at $207.06 on Thursday. 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 company has a market capitalization of $11.96 billion, a price-to-earnings ratio of 27.43, a PEG ratio of 1.93 and a beta of 1.01. Crane has a fifty-two week low of $159.58 and a fifty-two week high of $230.50. The stock has a fifty day moving average of $207.42 and a 200-day moving average of $194.72.
Key Headlines Impacting Crane
Here are the key news stories impacting Crane this week:
- Positive Sentiment: Strong Q2 performance: Crane reported second-quarter revenue of $724.7 million, up 25.6% year over year and above the $708.5 million consensus estimate. Adjusted EPS was $1.79, exceeding expectations of $1.68, while operating profit increased 40.2% and operating margin expanded 210 basis points to 19.9%. Crane Company Reports Second Quarter 2026 Results
- Positive Sentiment: Full-year outlook raised: Management increased fiscal 2026 adjusted EPS guidance to $6.85-$7.05 from $6.65-$6.85, above the $6.79 analyst consensus. The company also reported a $1.887 billion backlog at June 30, providing visibility into future revenue. Crane raises outlook after Q2 sales climb 25.6%
- Positive Sentiment: Broad-based segment growth: Aerospace & Advanced Technologies sales rose 31.3%, including 13.3% core growth, while Process Flow Technologies sales increased 20.9%. Crane also declared a quarterly dividend of $0.255 per share, payable September 9 to shareholders of record August 31.
- Neutral Sentiment: Earnings-call context: The Q2 call is the latest source for management’s discussion of segment demand, margins, backlog conversion, and the raised outlook—key factors investors may weigh in assessing whether recent growth rates can continue. Crane Q2 2026 Earnings Call Transcript
- Negative Sentiment: High expectations may be pressuring the stock: Despite the beat and raised guidance, Crane trades at roughly 27 times earnings. Investors may be taking profits or demanding stronger guidance after the stock approached its 52-week high, particularly as the reported outlook implies only modest additional improvement over current expectations.
Crane Company Profile
Crane Co, headquartered in Stamford, Connecticut, is a diversified manufacturer of engineered industrial products serving customers around the world. The company operates through two primary segments: Aerospace & Electronics and Engineered Materials. Its Aerospace & Electronics division designs and produces valves, fittings, manifolds, and filtration systems for aircraft fuel, hydraulics, and environmental control systems. The Engineered Materials segment focuses on advanced polymers, heat exchangers, and specialized composite solutions for industries including chemical processing, semiconductor manufacturing, and power generation.
With roots dating back to its founding in 1855 in Chicago by R.T.
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