After Hours
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. Yahoo Finance discussed the stock recently as it posted Carrier Fourth Quarter 2023 Earnings Advisory.
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Stocks Info
Carrier Global Corp is listed on the NYSE as a member of the Industrials sector and is a part of the Building Products & Equipment industry. The current market capitalization of Carrier Global Corp is $46.48B. A total of 2.4 million shares were traded on the day, compared to an average of 4.19M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, CARR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 32 BUYs and 49 SELLs from insiders. Insiders purchased 1,843,632 shares during that period but sold 1,458,190.
In the most recent transaction, Agrawal Ajay sold 16,500 shares of CARR for 57.99 per share on Dec 15. After the transaction, the Senior VP, Strategy & Services now owns 89,920 company shares. In a previous transaction on Jul 31, Timperman Jurgen sold 164,450 shares at 59.25 per share. CARR shares that President, Fire & Security owns now total 0.
Among the insiders who sold shares, Timperman Jurgen disposed of 33,000 shares on Jul 31 at a per-share price of $59.20. This resulted in the President, Fire & Security holding 6,747 shares of CARR after the transaction. In another insider transaction, Crockett Kyle sold 6,817 shares at $59.22 per share on Jul 31. Company shares held by the Vice President, Controller now total 42.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Carrier Global Corp pays an annual dividend of $0.69, resulting in a dividend yield of 1.25%, and it has a price to earnings (P/E) ratio of 39.40. CARR’s most recent ex-dividend date was 12/20/2023 when it declared a $0.19 quarterly dividend that was paid in cash on 2/9/2024. Previously, the company paid the dividend on 11/20/2023 with an ex-dividend date of 10/26/2023. The CARR stock dividend was $0.1850 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, CARR has a high of $60.04 and a low of $40.28.
As of this writing, CARR has an earnings estimate of $0.52 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $0.55 per share and a lower estimate of $0.48. The company reported an EPS of $0.79 in the last quarter, which was 2.60% higher than expectations of $0.77.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $9.75, while its Total Shareholder’s Equity was $7.09B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 3.74.
