Crown (NYSE:CCK – Get Free Report) issued its earnings results on Monday. The industrial products company reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.13, FiscalAI reports. Crown had a net margin of 5.91% and a return on equity of 27.33%. The business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.46 billion. During the same period in the prior year, the firm earned $2.24 earnings per share. Crown’s revenue was up 15.9% on a year-over-year basis.
Crown Trading Up 0.6%
NYSE CCK opened at $114.88 on Tuesday. The company has a current ratio of 1.05, a quick ratio of 0.65 and a debt-to-equity ratio of 1.63. The business has a fifty day simple moving average of $112.95 and a 200 day simple moving average of $108.29. Crown has a 12 month low of $91.31 and a 12 month high of $122.91. The firm has a market capitalization of $12.49 billion, a P/E ratio of 16.53, a PEG ratio of 1.54 and a beta of 0.56.
Crown Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, August 6th. Crown’s dividend payout ratio is presently 20.14%.
Trending Headlines about Crown
Here are the key news stories impacting Crown this week:
- Positive Sentiment: Third-quarter results exceeded expectations. Adjusted EPS was $2.39, above the $2.26 consensus estimate, while revenue rose 15.9% year over year to $3.71 billion, beating estimates of approximately $3.46 billion. Crown Holdings third-quarter 2026 results
- Positive Sentiment: Demand improved across the company’s beverage-can business. Global beverage-can volumes increased more than 6% year over year, helping offset rising costs. Net income increased to $225 million from $214 million, and operating income rose to $442 million from $423 million. Crown Holdings reports higher profit
- Positive Sentiment: Cash flow and shareholder returns remain favorable. Crown repurchased $81 million of stock during the quarter and expects at least $950 million in adjusted free cash flow for 2026. Full-year adjusted EPS guidance is $8.35 to $8.45. Crown Holdings third-quarter financial and guidance update
- Neutral Sentiment: Fourth-quarter adjusted EPS is expected at $1.63 to $1.73. The guidance provides visibility but implies a sequential decline from the third quarter, reflecting normal seasonality and continued cost pressures. Crown Holdings fourth-quarter EPS outlook
- Negative Sentiment: Wells Fargo lowered its price target to $126 from $127 and maintained an Equal Weight rating. Although the revised target remains above the referenced share price, the cut signals limited analyst conviction following the earnings release. Crown Holdings analyst rating update
Analysts Set New Price Targets
A number of equities research analysts have commented on CCK shares. Weiss Ratings raised Crown from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Crown in a research note on Wednesday, July 22nd. Mizuho upped their price objective on shares of Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Bank of America raised their price objective on shares of Crown from $129.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, Robert W. Baird lifted their price objective on shares of Crown from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $127.67.
View Our Latest Stock Report on Crown
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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