Crown Holdings, Inc. (NYSE:CCK – Get Free Report) announced a quarterly dividend on Thursday, October 22nd. Investors of record on Thursday, November 5th will be given a dividend of $0.35 per share by the industrial products company on Thursday, November 19th. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 5th.
Crown has a dividend payout ratio of 18.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Crown to earn $9.15 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 15.3%.
Crown Stock Up 2.4%
Shares of NYSE CCK opened at $119.06 on Friday. Crown has a 1 year low of $91.31 and a 1 year high of $122.91. The firm’s 50 day moving average price is $112.75 and its 200 day moving average price is $108.57. The firm has a market cap of $12.95 billion, a P/E ratio of 16.58, a price-to-earnings-growth ratio of 1.45 and a beta of 0.56. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.65 and a current ratio of 1.14.
Crown (NYSE:CCK – Get Free Report) last posted its quarterly earnings results on Monday, October 19th. The industrial products company reported $2.39 EPS for the quarter, beating the consensus estimate of $2.26 by $0.13. The company had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.45 billion. Crown had a return on equity of 27.41% and a net margin of 5.78%. The firm’s revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.24 EPS. As a group, sell-side analysts anticipate that Crown will post 8.41 earnings per share for the current year.
Trending Headlines about Crown
Here are the key news stories impacting Crown this week:
- Positive Sentiment: Analyst sentiment improved: Zacks upgraded Crown to a Rank #2 (Buy), citing growing optimism about the company’s earnings prospects. J.P. Morgan also maintained its Buy rating. Crown upgraded to Buy J.P. Morgan maintains Buy rating
- Positive Sentiment: Dividend reaffirmed: Crown declared a quarterly dividend of $0.35 per share, payable November 19 to shareholders of record November 5. The annualized payout is $1.40 per share, providing evidence of ongoing shareholder returns. Crown declares quarterly dividend
- Positive Sentiment: Recent operating momentum remains supportive: Crown’s latest quarterly results exceeded expectations, with EPS of $2.39 versus the $2.26 consensus and revenue of $3.71 billion versus $3.45 billion expected. Revenue increased 15.9% year over year.
- Neutral Sentiment: Board expanded: Wayne T. Smith was elected to Crown’s board, effective October 21. The appointment may strengthen the company’s leadership and industrial-sector expertise, although no immediate financial impact was announced. Crown elects Wayne Smith to board
- Neutral Sentiment: Valuation view is mixed: UBS raised its price target to $118 from $116 but retained a Neutral rating, indicating limited conviction despite the modest target increase. UBS adjusts Crown price target
- Negative Sentiment: Near-term earnings expectations softened: Crown’s fourth-quarter 2026 EPS guidance of $1.63–$1.73 is below the $1.79 analyst consensus. Full-year guidance of $8.35–$8.45 is broadly in line with the $8.40 consensus.
- Negative Sentiment: Downgrade pressure persists: A recent analyst downgrade caused Crown shares to gap lower, partly offsetting the more constructive recommendations from Zacks and J.P. Morgan. Crown shares gap down after analyst downgrade
About Crown
Crown Holdings, Inc (NYSE: CCK) is a global packaging company that designs, manufactures and sells metal packaging products. Its portfolio includes beverage cans, food cans, aerosol cans, closures and other specialty packaging used by consumer goods, food and beverage, household, personal care and industrial customers.
The company serves customers across North America, Europe, Asia Pacific and other international markets. Crown’s products are used for beer, soft drinks, energy drinks, canned foods, household products, personal care items and industrial materials.
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