Carrier Global Corporation (CARR)
| Market Cap | 48.20B |
| Revenue (ttm) | 22.10B |
| Net Income (ttm) | 1.20B |
| Shares Out | 839.05M |
| EPS (ttm) | 1.41 |
| PE Ratio | 40.74 |
| Forward PE | 19.86 |
| Dividend | $0.76 (1.32%) |
| Ex-Dividend Date | Dec 20, 2023 |
| Volume | 932,705 |
| Open | 57.42 |
| Previous Close | 57.64 |
| Day's Range | 57.25 - 57.85 |
| 52-Week Range | 40.28 - 60.04 |
| Beta | 1.26 |
| Analysts | Hold |
| Price Target | 56.47 (-1.71%) |
| Earnings Date | Feb 6, 2024 |
About CARR
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. 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, controls, and aftermarket components, as well as aftermarket repair and maintenance ser... [Read more]
Financial Performance
In 2022, Carrier Global's revenue was $20.42 billion, a decrease of -0.93% compared to the previous year's $20.61 billion. Earnings were $3.53 billion, an increase of 112.38%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for CARR stock is "Hold." The 12-month stock price forecast is $56.47, which is a decrease of -1.71% from the latest price.
News
Carrier Receives European Commission Approval to Complete Acquisition of Viessmann Climate Solutions
Approval marks final transaction regulatory clearance; closing expected January 2, 2024 PALM BEACH GARDENS, Fla. , Dec. 18, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader ...
Haier Smart Home Acquires Carrier's Commercial Refrigeration Business for USD 640 million
QINGDAO, China , Dec. 13, 2023 /PRNewswire/ -- Haier Smart Home entered into a stock purchase agreement with Carrier Global Corporation (NYSE: CARR) to acquire Carrier's Commercial Refrigeration Busin...
Carrier Announces Agreement to Sell Carrier Commercial Refrigeration to Haier
PALM BEACH GARDENS, Fla. , Dec. 13, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, entered into a definitive agreement today t...
Which stocks benefited from mentioning AI in their Q3 earnings?
Artificial intelligence (AI) has fueled impressive gains for many investors in 2023. But as we get ready to usher in a new year, some analysts and investors wonder if artificial intelligence is a bubb...
Honeywell to Buy Carrier Security Business
Vimal Kapur, Honeywell CEO explains why the deal to buy Carrier adds to Honeywell's focus on automation and outlines his priorities as CEO.
Honeywell Buys Carrier Security Unit for Nearly $5B to Boost Building Automation Products
Honeywell (HON) agreed to pay $4.95 billion to buy Carrier's (CARR) Global Access Solutions division in an all-cash deal to enhance Honeywell's building automation capabilities.
Honeywell CEO discusses security unit deal with Carrier Global
Carrier Global Corp (NYSE: CARR) is up 5.0% on Friday after Honeywell International Inc (NASDAQ: HON) said it will buy the multinational's security unit for $4.95 billion.
Honeywell CEO Vimal Kapur on $5 billion Carrier unit deal, security portfolio and growth outlook
Honeywell CEO Vimal Kapur joins 'Squawk on the Street' to discuss the company's $4.95 billion acquisition of Carrier's security unit, impact on the company's security portfolio, growth outlook, other ...
Honeywell to buy security unit of Carrier for $5 billion
Carrier Global Corp. CARR, -0.23% was up 5% in premarket trading on Friday after it confirmed plans to sell its security unit to Honeywell International HON, for $4.95 billion. Carrier said it plans t...
Carrier Announces Agreement to Sell Global Access Solutions Business to Honeywell for $4.95 Billion
PALM BEACH GARDENS, Fla. , Dec. 8, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, entered into a definitive agreement today to...
Honeywell to Strengthen Building Automation Business with Acquisition of Carrier's Global Access Solutions
Purchase price of $4.95 billion represents ~13x 2023E EBITDA, inclusive of tax benefits and run-rate cost synergies Acquisition will strengthen Honeywell's strategic alignment to the megatrend of auto...
Honeywell to Buy Carrier Unit for $5 Billion
The security business makes products including electronic locks for big companies, hotels and hospital chains.
Carrier Board of Directors Declares Quarterly Cash Dividend
PALM BEACH GARDENS, Fla. , Dec. 6, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors d...
Carrier Global Corporation Announces Closing of €2.35 Billion and $3.0 Billion Notes Offerings
PALM BEACH GARDENS, Fla. , Nov. 30, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) ("Carrier" or the "Company"), global leader in intelligent climate and energy solutions, today announce...
Carrier Global Corporation Announces Pricing of $3.0 Billion and €2.35 Billion Notes
PALM BEACH GARDENS, Fla. , Nov. 15, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) ("Carrier" or the "Company"), global leader in intelligent climate and energy solutions, today announce...
Carrier to Present at Baird's 2023 Global Industrial Conference
PALM BEACH GARDENS, Fla. , Oct. 31, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will speak at the Baird 2023 Global Industrial Conference on Tuesday, Nov. ...
Carrier Reports Third Quarter 2023 Results
Net sales up 5% versus third quarter 2022; organic sales up 3% GAAP EPS of $0.42 and adjusted EPS of $0.89 Net cash inflows from operating activities were $1.04 billion and free cash flow generation w...
Carrier Third Quarter 2023 Earnings Advisory
PALM BEACH GARDENS, Fla. , Oct. 5, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its third quarter 2023 earnings...
Carrier Sponsors Habitat for Humanity's Carter Work Project
Home comfort system donations bring Carrier's total contributions to Habitat in 2023 to more than $1.5 million PALM BEACH GARDENS, Fla. , Sept. 28, 2023 /PRNewswire/ -- Carrier Global Corporation (NY...
Carrier Global Running Hot and Cold
Spin offs, breakups, and divestitures often make good investment opportunities as the smaller company becomes more focused on higher growth avenues and intelligent cost cutting. This appears to be the...
Kidde Taps into the Power of Music to Elevate Fire Safety Awareness with Its Cause For Alarm Campaign
Professional football player Kirk Cousins, National Parent Teacher Association (PTA) and Kidde team up to help educate families on fire safety preparedness MEBANE, N.C. , Sept. 19, 2023 /PRNewswire/ -...
Carrier and Viessmann Climate Solutions Webcast
PALM BEACH GARDENS, Fla. , Sept. 6, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) today announced it will host a webcast featuring Chairman & CEO David Gitlin and Viessmann Group CEO Ma...
Carrier to Present at Morgan Stanley's 11th Annual Laguna Conference
PALM BEACH GARDENS, Fla. , Aug. 30, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will speak at the 11th Annual Morgan Stanley Laguna Conference on Tuesday, ...
EcoEnergy Insights and JOANN Earn Top Project of the Year Award from Environment + Energy Leader
AI and IoT solutions help JOANN save over $2 million in energy use in stores KENNESAW, Ga. , Aug. 8, 2023 /PRNewswire/ -- EcoEnergy Insights, a Carrier company and leading provider of AI and IoT solut...