Curtiss-Wright (CW) Scheduled to Post Quarterly Earnings on Wednesday

Curtiss-Wright (NYSE:CWGet Free Report) is scheduled to announce its earnings results after the market closes on Wednesday, February 14th. Analysts expect the company to announce earnings of $2.92 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Curtiss-Wright Stock Performance

Shares of CW stock opened at $228.62 on Tuesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.30 and a current ratio of 1.99. The stock has a market cap of $8.74 billion, a PE ratio of 25.66 and a beta of 1.18. Curtiss-Wright has a 1 year low of $157.72 and a 1 year high of $229.92. The stock has a fifty day moving average price of $221.51 and a 200 day moving average price of $210.04.

Curtiss-Wright Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Thursday, March 28th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date of this dividend is Wednesday, March 27th. Curtiss-Wright’s dividend payout ratio (DPR) is presently 8.98%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CW. Truist Financial upped their price objective on Curtiss-Wright from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, December 14th. Stifel Nicolaus upped their target price on shares of Curtiss-Wright from $243.00 to $244.00 and gave the company a “buy” rating in a report on Tuesday, January 23rd. Finally, upgraded shares of Curtiss-Wright from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 15th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $237.75.

Get Our Latest Analysis on CW

Institutional Investors Weigh In On Curtiss-Wright

Several hedge funds have recently modified their holdings of the stock. Moneta Group Investment Advisors LLC acquired a new stake in shares of Curtiss-Wright in the fourth quarter worth $212,009,000. BlackRock Inc. raised its position in Curtiss-Wright by 18.8% in the first quarter. BlackRock Inc. now owns 4,300,543 shares of the aerospace company’s stock valued at $645,770,000 after purchasing an additional 680,850 shares during the period. Norges Bank acquired a new position in shares of Curtiss-Wright during the fourth quarter worth about $67,673,000. Select Equity Group L.P. purchased a new stake in shares of Curtiss-Wright in the first quarter worth about $33,468,000. Finally, Wellington Management Group LLP raised its holdings in shares of Curtiss-Wright by 31.7% during the 1st quarter. Wellington Management Group LLP now owns 756,894 shares of the aerospace company’s stock valued at $113,655,000 after buying an additional 182,125 shares during the period. 80.82% of the stock is owned by institutional investors and hedge funds.

Curtiss-Wright Company Profile

(Get Free Report)

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.

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Earnings History for Curtiss-Wright (NYSE:CW)

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