Crown Holdings, Inc. (NYSE:CCK) Announces $0.35 Quarterly Dividend

Crown Holdings, Inc. (NYSE:CCK) announced a quarterly dividend on Thursday, July 23rd. Shareholders of record on Thursday, August 6th will be given a dividend of 0.35 per share by the industrial products company on Thursday, August 20th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, August 6th.

Crown has a payout ratio of 18.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect Crown to earn $8.86 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 15.8%.

Crown Price Performance

Shares of NYSE CCK opened at $114.32 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.70. The stock has a market capitalization of $12.78 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 1.87 and a beta of 0.60. The firm’s 50 day simple moving average is $104.17 and its 200-day simple moving average is $105.07. Crown has a 12 month low of $89.21 and a 12 month high of $121.76.

Crown (NYSE:CCK) last posted its earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.33. The firm had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.37 billion. Crown had a net margin of 5.91% and a return on equity of 27.33%. The business’s revenue was up 16.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.15 EPS. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Analysts expect that Crown will post 8.39 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CCK shares. Robert W. Baird increased their price target on Crown from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday. JPMorgan Chase & Co. cut Crown from an “overweight” rating to a “neutral” rating and boosted their price objective for the company from $107.00 to $121.00 in a research report on Wednesday. Royal Bank Of Canada increased their target price on Crown from $129.00 to $131.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. BMO Capital Markets lifted their price target on shares of Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, UBS Group boosted their price target on shares of Crown from $115.00 to $123.00 and gave the stock a “neutral” rating in a report on Wednesday. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $127.93.

Crown Company Profile

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.