Crane NXT (NYSE:CXT) Releases FY 2026 Earnings Guidance

Crane NXT (NYSE:CXT) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 4.100-4.400 for the period, compared to the consensus EPS estimate of 4.270. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.7 billion.

Crane NXT Trading Down 1.0%

Shares of CXT stock opened at $45.21 on Thursday. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 18.04 and a beta of 1.21. The company has a current ratio of 1.50, a quick ratio of 1.20 and a debt-to-equity ratio of 0.80. The firm has a 50-day moving average price of $44.30 and a 200 day moving average price of $51.06. Crane NXT has a twelve month low of $39.23 and a twelve month high of $69.00.

Crane NXT (NYSE:CXT) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.04. The business had revenue of $387.70 million during the quarter, compared to the consensus estimate of $378.63 million. Crane NXT had a net margin of 8.76% and a return on equity of 19.84%. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.54 earnings per share. Crane NXT has set its FY 2026 guidance at 4.100-4.400 EPS. Research analysts forecast that Crane NXT will post 4.29 earnings per share for the current fiscal year.

Crane NXT Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Sunday, May 31st will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, May 29th. Crane NXT’s dividend payout ratio is presently 28.69%.

Wall Street Analysts Forecast Growth

Several analysts have commented on CXT shares. Northland Securities set a $62.00 price target on Crane NXT in a report on Wednesday, February 18th. Robert W. Baird set a $73.00 target price on shares of Crane NXT in a report on Friday, February 13th. Oppenheimer cut their price target on shares of Crane NXT from $80.00 to $65.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 15th. DA Davidson reissued a “buy” rating and set a $85.00 price objective on shares of Crane NXT in a research note on Tuesday, February 17th. Finally, UBS Group set a $58.00 price objective on Crane NXT in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $68.60.

Institutional Trading of Crane NXT

A number of institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC raised its stake in Crane NXT by 7.7% during the fourth quarter. Kestra Advisory Services LLC now owns 5,407 shares of the company’s stock valued at $254,000 after buying an additional 386 shares in the last quarter. Brooklyn Investment Group bought a new position in Crane NXT during the 4th quarter worth approximately $210,000. Steward Partners Investment Advisory LLC grew its position in shares of Crane NXT by 3,871.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,932 shares of the company’s stock worth $185,000 after acquiring an additional 3,833 shares in the last quarter. State of Wyoming increased its holdings in shares of Crane NXT by 51.5% in the 4th quarter. State of Wyoming now owns 3,687 shares of the company’s stock valued at $174,000 after acquiring an additional 1,254 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of Crane NXT by 6.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,472 shares of the company’s stock valued at $233,000 after acquiring an additional 206 shares during the last quarter. 77.49% of the stock is owned by hedge funds and other institutional investors.

Crane NXT Company Profile

Crane NXT, Co operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers’ important assets. The company operates through Crane Payment Innovations and Crane Currency segments. The Crane Payment Innovations segment offers electronic equipment and associated software, as well as advanced automation solutions, processing systems, field service solutions, remote diagnostics, and productivity software solutions. The Crane Currency segment provides advanced security solutions based on proprietary technology for securing physical products, including banknotes, consumer goods, and industrial products.