Carrier Global Corp (CARR): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Building Products & Equipment industry segment, falling under the Industrials sector. The current market capitalization of Carrier Global Corp is $61.73B. A total of 4.78 million shares were traded on the day, compared to an average of 4.52M shares.

In the most recent transaction, Crockett Kyle sold 11,647 shares of CARR for 76.34 per share on Nov 07 ’24. After the transaction, the VP, Controller & CAO now owns 2,042 company shares. In a previous transaction on Nov 06 ’24, O’Connor Kevin J. sold 167,183 shares at 73.46 per share. CARR shares that Senior VP & CLO owns now total 46,083.

Among the insiders who bought shares, Kyle Crockett acquired of 11,647 shares on Nov 07 ’24 at a per-share price of $76.33. In another insider transaction, Kevin O’Connor bought 167,183 shares at $71.78 per share on Nov 06 ’24.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Carrier Global Corp pays an annual dividend of $0.80, resulting in a dividend yield of 1.16%, and it has a price to earnings (P/E) ratio of 17.97. CARR’s most recent ex-dividend date was 1.22% when it declared a $0.2250 quarterly dividend that was paid in cash on 12/20/2024. Previously, the company paid the dividend on 10/25/2024 with an ex-dividend date of 0.94%. The CARR stock dividend was $0.19 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CARR has a high of $83.32 and a low of $53.13.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CARR’s latest balance sheet shows that the firm has $2.99B in Cash & Short Term Investments as of fiscal 2021. There were $10.22B in debt and $6.63B in liabilities at the time. Its Book Value Per Share was $14.74, while its Total Shareholder’s Equity was $7.09B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CARR is Buy with a score of 4.05.

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