Founded in 2019, Carrier Global Corporation (CARR) is a provider of advanced heating, ventilation, refrigeration, air conditioning, fire, security and building automation technologies worldwide. The company has a market capitalization of $47.4 billion and operates through the heating, ventilation and air conditioning (HVAC) and refrigeration segments.
The Palm Beach Gardens, Florida-based company is expected to release its fourth-quarter 2025 results soon. Ahead of the event, analysts anticipate Carrier Global will report earnings of $0.39 per share, down 27.8% from $0.54 per share in the year-ago quarter. It has surpassed Wall Street’s earnings expectations in each of the last four quarters.
For fiscal 2025, analysts expect CARR to post EPS of $2.64, up nearly 3.1% from $2.56 in fiscal 2024. Additionally, EPS is expected to grow 9.5% year-over-year (yoy) to $2.89 in fiscal 2026.
CARR stock has declined 16.7% over the past 52 weeks, underperforming the 19.7% gain of the S&P 500 Index ($SPX) and the 24.2% return of the State Street Industrial Select Sector SPDR ETF (XLI) over the same time period.
Despite the poor performance, on December 3, CARR stock rose 1.5% after the company announced a quarterly dividend of $0.24 per share on its common stock. According to Chairman and CEO David Gitlin, this dividend payment represents a 200% increase since the beginning of 2020 and reflects the company’s disciplined and balanced approach to capital allocation and its commitment to providing value to its shareholders. The quarterly dividend will be paid on February 9. Additionally, CARR stock rose after the company reported better-than-expected third-quarter results in October.
The analyst consensus view on the stock is cautiously optimistic, with an overall rating of “Moderate Buy.” Among the 23 analysts covering the stock, 11 recommend a “Strong Buy”, one recommend a “Moderate Buy” and 11 suggest a “Hold”. The average price target of CARR analysts is $72.05, indicating an upside of 30.1% from current levels.
On the date of publication, Sristi Jayaswal had no positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. This article was originally published on Barchart.com