Crane NXT (CXT) Stock Price, News & Analysis

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crane NXT in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CXT shares.
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4 equities research analysts have issued twelve-month price targets for Crane NXT's shares. Their CXT share price targets range from $65.00 to $100.00. On average, they anticipate the company's share price to reach $81.50 in the next year. This suggests a possible upside of 29.7% from the stock's current price.
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Crane NXT's stock was trading at $56.87 at the beginning of 2024. Since then, CXT shares have increased by 10.5% and is now trading at $62.83.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
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Crane NXT will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Crane NXT, Co. (NYSE:CXT) announced its quarterly earnings data on Thursday, February, 15th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.07. The firm earned $356.90 million during the quarter, compared to analyst estimates of $340.89 million. Crane NXT had a trailing twelve-month return on equity of 20.33% and a net margin of 13.53%. The company's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company posted $2.13 earnings per share.

Crane NXT announced a quarterly dividend on Wednesday, February 14th. Stockholders of record on Thursday, February 29th will be given a dividend of $0.16 per share on Wednesday, March 13th. This represents a $0.64 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Wednesday, February 28th. This is a positive change from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for CXT.

Crane NXT (NYSE:CXT) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.02%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CXT will have a dividend payout ratio of 14.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CXT.

ETFs with the largest weight of Crane NXT (NYSE:CXT) stock in their portfolio include Simplify High Yield PLUS Credit Hedge ETF (CDX).JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC).

Crane NXT issued an update on its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of 4.100-4.350 for the period, compared to the consensus estimate of 4.320. The company issued revenue guidance of -.

Crane NXT's stock is owned by a variety of institutional and retail investors. Top institutional investors include Congress Asset Management Co. MA (1.05%), Congress Wealth Management LLC DE (0.16%), Allspring Global Investments Holdings LLC (0.16%), New York State Teachers Retirement System (0.13%), Amalgamated Bank (0.06%) and Louisiana State Employees Retirement System (0.02%). Insiders that own company stock include Cristen L Kogl, Cristen L Kogl, Kurt F Gallo and Max H Mitchell.
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Shares of CXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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