Carpenter Technology (CRS) Set to Announce Quarterly Earnings on Thursday

Carpenter Technology (NYSE:CRS) is expected to issue its Q1 2027 results before the market opens on Thursday, October 22nd. Analysts expect the company to post earnings of $3.04 per share and revenue of $806.41 million for the quarter. Individuals may review the information on the company’s upcoming Q1 2027 earnings report for the latest details on the call scheduled for Thursday, October 22, 2026 at 10:00 AM ET.

Carpenter Technology (NYSE:CRS) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.23 earnings per share for the quarter, topping the consensus estimate of $3.09 by $0.14. The firm had revenue of $679.70 million during the quarter, compared to analysts’ expectations of $863.33 million. Carpenter Technology had a net margin of 16.96% and a return on equity of 26.46%. The company’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.21 EPS. On average, analysts expect Carpenter Technology to post $13.27 EPS for the current fiscal year and $15.82 EPS for the next fiscal year.

Carpenter Technology Stock Up 0.3%

Carpenter Technology stock opened at $378.15 on Tuesday. The business has a fifty day moving average of $439.64 and a two-hundred day moving average of $481.20. The company has a quick ratio of 2.23, a current ratio of 3.81 and a debt-to-equity ratio of 0.31. The firm has a market cap of $18.74 billion, a P/E ratio of 35.95, a P/E/G ratio of 1.33 and a beta of 1.29. Carpenter Technology has a twelve month low of $239.61 and a twelve month high of $625.98.

Carpenter Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Tuesday, October 20th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.2%. Carpenter Technology’s dividend payout ratio (DPR) is currently 7.60%.

Insider Transactions at Carpenter Technology

In other news, Director Ramin Younessi sold 438 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $493.15, for a total transaction of $215,999.70. Following the completion of the sale, the director owned 1,953 shares in the company, valued at approximately $963,121.95. This represents a 18.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven Karol sold 3,275 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $474.08, for a total value of $1,552,612.00. Following the sale, the director owned 177,000 shares of the company’s stock, valued at approximately $83,912,160. This represents a 1.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 112,996 shares of company stock valued at $54,644,436. Corporate insiders own 2.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on CRS shares. Weiss Ratings reissued a “buy (b)” rating on shares of Carpenter Technology in a research report on Monday, August 31st. Wall Street Zen cut Carpenter Technology from a “buy” rating to a “hold” rating in a research note on Saturday, October 10th. TD Cowen dropped their price objective on Carpenter Technology from $650.00 to $500.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. Susquehanna dropped their price objective on Carpenter Technology from $680.00 to $600.00 and set a “positive” rating on the stock in a research report on Friday, July 31st. Finally, BTIG Research lifted their target price on Carpenter Technology from $450.00 to $620.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $504.38.

Carpenter Technology Company Profile

Carpenter Technology Corporation is a manufacturer of premium specialty metals and engineered materials for demanding applications. The company produces stainless steels, nickel- and cobalt-based alloys, titanium, powder metals, and other high-performance materials designed to withstand extreme temperatures, corrosion, stress, and wear.

Its products are used in aerospace and defense, medical devices, energy, transportation, industrial equipment, and other specialized markets. Carpenter Technology supplies materials in forms such as bar, wire, strip, sheet, and powder, and also provides processing and engineered component solutions through its performance-engineered products operations.

Founded in 1889 as Carpenter Steel Company, the company has developed a global customer base supported by manufacturing, research, and service operations in the United States and international markets.