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Crown Holdings, Inc. (CCK)

NYSE - Nasdaq Real Time Price. Currency in USD
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93.53+1.36 (+1.47%)
At close: 04:00PM EDT
93.00 -0.53 (-0.56%)
After hours: 04:42PM EDT
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  • S
    Steve F
    Not sure why it's down today, earnings looked great ?
    Estimates of $8.18 earnings for the year. Probably just the market throwing out the baby with the bathwater because it's in a very bad mood today.
  • S
    Steve F
    This is good. Congratulations to long-term holders, & by long term holders, I mean 20+ years.
    This thing very briefly traded below $1.00 back in the early 2000s. So glad I had an online brokerage account at Fidelity back then.
  • S
    Steve F
    It's official, just saw the story at Fidelity. Crown announced a $.20 per share dividend payable to shareholders who owned it on March 5 and payable on March 25. Not sure those are the 'exact' dates.
  • R
    Loop Industries, Inc.
    $LOOP Gabelli Funds, LLC, will host the 7th Annual Waste Environmental Services Symposium on March 18, 2021. This timely conference will feature presentations by senior management of several leading companies, with an emphasis on industry dynamics, new technologies $SMED $WM $WCN $CCK $CWST $RSG $DAR $REGI $CVA $ECOL $PYR $LOOP $PHE $BHTG
  • B
    Excited that CCK's new $1.5B buyback authorization will likely be engaged and in play today. Anything under $105 is a no brainer +5% rebound in the next 4-5 trading days. An easy $115-$120 by mid-June. Concerts & festivals, live sports, cruises & resorts, and road-tripping families use SO many cans. Q2-Q3-Q4 will be a string of record can usage quarters and will continue through 2025. Alcoa (AA) is the sister material play, but it has already seen a rebound from last weeks beatdown. CCK is ready to eat right here.

    This is not investment advice. I like the stock :) and love the company!
  • S
    Steve F
    For the ongoing year, the company now anticipates adjusted earnings per share to lie between $7.30 and $7.40, up from the prior guidance of $6.60 to $6.80.

    Seems like the stock should've reacted a little more positively today ?
  • S
    Steve F
    "That said, our Board and management team believe there may be substantial opportunities to create further value for Crown shareholders. We have decided to commence a Board-led review of the Company to unlock potential shareholder value, including substantial capital return to our shareholders. We have engaged leading financial, legal, tax and other advisors to assist in this review."

    If I'm interpreting that right, it sounds like we might soon be collecting dividends from Crown!
  • A
    Does anyone ever think crown holdings will issue dividends again?
  • T
    $2B to reduce debt and buy back stock. The long slumber might be over...
  • M
    Michael in NC
    Good entry point here! I just bought in.
  • r
    As long as there is high demand for beverages, both soft and hard, CCK will do well. Invested in the 60s and very pleased with the way the stock has acted. This will be well over $100 in the future. I like boring companies and so does Buffett.
  • R
    That new Repurchase of stock equates to about 25% of the outstanding shares using a 115 dollar price few years the stock will split 4 for 1 as it hits 200.....hold on its going to be a nice ride .
  • R
  • R
    CCK Has been seeing some good buying power lately on low volume ...Wonder if something is going to happen ?
  • J
    nice premarket so far
  • R
    Boring. Very boring. In another word, I love it. Dividend easily covered by miles and should be raised. On my Christmas buy list