Carrier Global Corporation (CARR)
| Market Cap | 58.78B |
| Revenue (ttm) | 23.01B |
| Net Income (ttm) | 1.25B |
| Shares Out | 901.01M |
| EPS (ttm) | 1.43 |
| PE Ratio | 45.62 |
| Forward PE | 22.09 |
| Dividend | $0.76 (1.17%) |
| Ex-Dividend Date | May 2, 2024 |
| Volume | 2,550,331 |
| Open | 64.30 |
| Previous Close | 64.31 |
| Day's Range | 64.30 - 65.34 |
| 52-Week Range | 40.49 - 65.34 |
| Beta | 1.21 |
| Analysts | Hold |
| Price Target | 62.71 (-3.88%) |
| Earnings Date | Apr 25, 2024 |
About CARR
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, heat pumps, controls, and aft... [Read more]
Financial Performance
In 2023, Carrier Global's revenue was $22.10 billion, an increase of 8.21% compared to the previous year's $20.42 billion. Earnings were $1.35 billion, a decrease of -61.83%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for CARR stock is "Hold." The 12-month stock price forecast is $62.71, which is a decrease of -3.88% from the latest price.
News
Carrier to Present at the Oppenheimer 19th Annual Industrial Growth Conference
PALM BEACH GARDENS, Fla. , April 30, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the Oppenheimer 19th Annu...
Three-Stock Lunch: Domino's Pizza, SoFi and Carrier Global
Quint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss plays for three stocks including: Domino's Pizza, SoFi and Carrier Global.
Cramer's Stop Trading: Carrier
CNBC's Jim Cramer explains why he is keeping an eye on shares of Carrier Global.
Carrier Global lowers full-year sales forecast as sticky inflation limits demand
Air conditioner maker Carrier Global cut its full-year revenue forecast on Thursday, anticipating continued pressure on consumer spending amid persistent inflation.
Carrier Reports Strong First Quarter 2024 Results
Net sales up 17% versus first quarter 2023; organic sales up 2% GAAP EPS of $0.29 and adjusted EPS of $0.62 GAAP operating margin down 240 bps year over year; adjusted operating margin expanded 280 bp...
Carrier, the century-old inventor of the air conditioner, is moving on to the home heat pump
Carrier is pivoting to capture the booming market for climate-friendly home heat pumps as federal and state government offer tax credits and rebates.
Carrier Board of Directors Declares Quarterly Cash Dividend
PALM BEACH GARDENS, Fla. , April 18, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Director...
Carrier Ventures Announces Investment in Strategic Thermal Labs for Development of Groundbreaking Data Center Cooling Technology
PALM BEACH GARDENS, Fla. , April 18, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that its venture group, Ca...
Carrier First Quarter 2024 Earnings Advisory
PALM BEACH GARDENS, Fla. , April 4, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its first quarter 2024 earning...
Carrier Ranks 37 on Fortune's America's Most Innovative Companies List 2024
PALM BEACH GARDENS, Fla. , March 26, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, has ranked 37 out of 200 on Fortune's Amer...
Walmart.com Shoppers Now Have Direct Access to Bryant's Award-Winning HVAC Solutions and Highly Trained Technicians
INDIANAPOLIS , March 25, 2024 /PRNewswire/ -- Walmart.com, the second largest eCommerce provider in the U.S., will begin directing HVAC inquiries to Bryant Heating & Cooling dealers as it expands its ...
Carrier Announces Updated Timing of its Presentation at the Bank of America Global Industrials Conference
PALM BEACH GARDENS, Fla., March 18, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the Bank of America Global ...
Carrier to Present at the Bank of America Global Industrials Conference
PALM BEACH GARDENS, Fla. , March 11, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the Bank of America Global...
Carrier to sell industrial fire business in $1.43 bln deal
Carrier said on Tuesday it would sell its Industrial Fire division to Sentinel Capital Partners in a $1.43 billion deal, as it looks to focus on its mainstay heating and cooling equipment businesses.
Carrier Announces Agreement to Sell Industrial Fire Business to Sentinel Capital Partners for $1.425 Billion
PALM BEACH GARDENS, Fla. , March 5, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, entered into a definitive agreement today t...
Carrier to Present at the Barclays Industrial Select Conference
PALM BEACH GARDENS, Fla. , Feb. 14, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the Barclays Ind...
Three-Stock Lunch: Teradyne, Broadridge Fin and Carrier Global
Dave Wagner, Aptus Capital Advisors portfolio manager, joins 'Power Lunch' to discuss three stock plays including Teradyne, Broadridge Fin and Carrier Global.
Carrier Stock Is Rising on Strong Sales Guidance. Digesting the Numbers Is Key.
Shares of the heating and ventilation company are up after Carrier provided upside sales guidance for 2024. The firm is going through big changes.
Carrier Global beats quarterly profit estimates on demand from commercial customers
Carrier Global beat Wall Street estimates for fourth-quarter profit on Tuesday, driven by robust demand for the company's heating, ventilating and air conditioning (HVAC) products from commercial cust...
Carrier Reports Strong 2023 Results and Announces 2024 Outlook
Fourth Quarter 2023 Highlights Sales of $5.1B Operating margin expansion of 340 basis points and adjusted operating margin expansion of 80 basis points GAAP EPS of $0.49, up 53% vs. 2022 and adjusted ...
Carrier Fourth Quarter 2023 Earnings Advisory
PALM BEACH GARDENS, Fla. , Jan. 16, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its fourth quarter 2023 earnin...
Carrier Signs Agreement with Montana Technologies to Commercialize Carbon-Reducing Cooling Technology for HVAC Solutions
PALM BEACH GARDENS, Fla. , Jan. 8, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced entry into a binding term sh...
Montana Technologies Enters Joint Commercialization Agreement Term Sheet with Carrier Global to Provide Carbon-Reducing Cooling Technology for Key Global Markets
Montana's AirJoule Technology Aims to Reduce Power Consumption and Carbon Emission, While Reducing or Eliminating the Use of Refrigerants Includes $10 Million Growth Equity Investment Conditional Comm...
Carrier Global's CEO discusses acquisition of Viessmann Climate Solutions SE, growth outlook, & more
Carrier Global's (CARR) acquisition of Viessmann Climate Solutions SE was finalized on Tuesday morning after the deal was approved by the European Union. The company recently sold a refrigeration comp...
Carrier CEO on Security Unit Sale, Viessmann, Strategy
Carrier Global Corp. Chair and CEO David Gitlin discusses the sale of the company's security unit to Honeywell, the completion of its acquisition of Viessmann Climate Solutions and the possible sale o...