Crown Holdings, Inc. (NYSE:CCK – Get Free Report) declared 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% meaning its dividend is sufficiently covered by earnings. Equities 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 Trading Up 2.4%
CCK stock opened at $119.06 on Friday. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.14 and a quick ratio of 0.65. Crown has a 1-year low of $91.31 and a 1-year high of $122.91. The business has a 50 day simple moving average of $112.75 and a two-hundred day simple moving average of $108.57. The company has a market capitalization of $12.95 billion, a price-to-earnings ratio of 13.70, a PEG ratio of 1.45 and a beta of 0.56.
Crown (NYSE:CCK – Get Free Report) last released its quarterly earnings data on Monday, October 19th. The industrial products company reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.13. The firm had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.45 billion. Crown had a net margin of 5.78% and a return on equity of 27.41%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.24 earnings per share. Research analysts anticipate that Crown will post 8.41 EPS for the current fiscal year.
Crown News Summary
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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