Crown Holdings, Inc. (CCK) To Go Ex-Dividend on August 6th

Crown Holdings, Inc. (NYSE:CCK) declared a quarterly dividend on Thursday, July 23rd. Stockholders of record on Thursday, August 6th will be paid a dividend of 0.35 per share by the industrial products company on Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 6th.

Crown has a dividend payout ratio of 18.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Crown to earn $9.03 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 15.5%.

Crown Stock Performance

Crown stock opened at $119.81 on Tuesday. The company has a 50 day moving average price of $107.32 and a 200-day moving average price of $105.81. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.65 and a current ratio of 1.05. Crown has a fifty-two week low of $89.21 and a fifty-two week high of $121.90. The company has a market capitalization of $13.39 billion, a PE ratio of 17.24, a P/E/G ratio of 1.65 and a beta of 0.60.

Crown (NYSE:CCK) last announced its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.33. The company had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Crown had a return on equity of 27.33% and a net margin of 5.91%.Crown’s revenue was up 16.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.15 earnings per share. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. As a group, equities analysts forecast that Crown will post 8.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on CCK shares. Raymond James Financial increased their price target on Crown from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Mizuho lifted their price objective on Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Crown in a report on Wednesday, July 22nd. Jefferies Financial Group set a $121.00 price target on shares of Crown in a report on Wednesday, July 22nd. Finally, Bank of America upped their target price on Crown from $129.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Eleven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.20.

Crown Company Profile

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.