Crane NXT, Co. (NYSE:CXT – Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Monday, August 31st will be given a dividend of 0.18 per share on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, August 31st.
Crane NXT has decreased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Crane NXT has a dividend payout ratio of 14.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Crane NXT to earn $4.70 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 15.3%.
Crane NXT Price Performance
NYSE CXT traded up $2.35 on Thursday, hitting $54.72. The company had a trading volume of 370,635 shares, compared to its average volume of 815,497. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.33 and a quick ratio of 0.99. The company’s fifty day moving average price is $47.32 and its 200-day moving average price is $46.50. The company has a market capitalization of $3.15 billion, a PE ratio of 24.40 and a beta of 1.09. Crane NXT has a 12-month low of $35.71 and a 12-month high of $69.00.
More Crane NXT News
Here are the key news stories impacting Crane NXT this week:
- Positive Sentiment: Quarterly results exceeded expectations: Crane NXT reported second-quarter EPS of $1.10, ahead of the $1.04 analyst consensus and up from $0.97 a year earlier. Revenue rose 22.1% year over year to $493.2 million, surpassing estimates of $475.6 million. Crane NXT Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Dividend declared: The company announced a quarterly dividend of $0.18 per share, payable September 9 to shareholders of record August 31. The dividend provides an annualized yield of approximately 1.3%, supporting shareholder returns.
- Neutral Sentiment: Full-year outlook remains broadly in line: Crane NXT reiterated FY 2026 EPS guidance of $4.22 to $4.42, compared with consensus of $4.23, and revenue guidance of approximately $1.9 billion, in line with expectations. This reduces the likelihood of a major estimate revision but does not represent a clear upside surprise. Crane NXT Reports Second Quarter 2026 Results
- Neutral Sentiment: Investor presentation ahead: Management will participate in an Oppenheimer technology conference on August 11, which could provide further commentary on growth initiatives and execution.
- Negative Sentiment: Integration concerns: Conestoga Capital Advisors reportedly exited its position, citing rising integration challenges. While this reflects one investor’s decision rather than a company-wide downgrade, it highlights execution risk that could limit further gains. Conestoga Capital Advisors Exited Crane NXT
Crane NXT Company Profile
Crane NXT, Co operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers’ important assets. The company operates through Crane Payment Innovations and Crane Currency segments. The Crane Payment Innovations segment offers electronic equipment and associated software, as well as advanced automation solutions, processing systems, field service solutions, remote diagnostics, and productivity software solutions. The Crane Currency segment provides advanced security solutions based on proprietary technology for securing physical products, including banknotes, consumer goods, and industrial products.
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