In today’s recent session, 1.09 million shares of the Carrier Global Corp (NYSE:CARR) have been traded, and its beta is 1.32. Most recently the company’s share price was $69.84, and it changed around -$1.2 or -1.69% from the last close, which brings the market valuation of the company to $59.87B. CARR at last check was trading at a discount to its 52-week high of $83.32, offering almost -19.3% off that amount. The share price’s 52-week low was $54.22, which indicates that the recent value has risen by an impressive 22.37% since then.
Carrier Global Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.92. If we narrow it down even further, the data shows that 0 out of 25 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 8 recommended CARR as a Hold, whereas 11 deemed it a Buy, and 1 rated it as Underweight.
Carrier Global Corp (NYSE:CARR) trade information
Instantly CARR has been showing red trend so far today with a performance of -1.69% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 72.81 on recent trading dayincreased the stock’s daily price by 4.08%. The company’s shares are currently up 2.31% year-to-date, but still down -2.66% over the last five days. On the other hand, Carrier Global Corp (NYSE:CARR) is -7.64% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $75, which translates to bulls needing to increase their stock price by 6.88% from its current value. Analyst projections state that CARR is forecast to be at a low of $72 and a high of $83.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -28.10%. Carrier Global Corp earnings are expected to increase by 18.47% in 2025, but the outlook is positive 14.19% per year for the next five years.
CARR Dividends
Carrier Global Corp’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 1.19 percent and its annual dividend per share was 0.83. It is important to note, however, that the 1.19% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
VANGUARD GROUP INC, with 10.4808% or 94.58 million shares worth $5.97 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.