when did caterpillar stock split

Is caterpillar due for a stock split?

When a company such as Caterpillar splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers.

Is now the time to buy Caterpillar Inc. stock?

The trading price of Caterpillar Inc. (NYSE:CAT) floating lower at last check on Wednesday, May 19, closing at $239.47, -1.39% lower than its previous close. Get the hottest stocks to trade every day before the market opens 100% free.

When does caterpillar pay dividends?

– The board of directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of one dollar and three cents ($1.03) per share of common stock, payable on November 20, 2020, to shareholders of record at the close of business on October 26, 2020.

How to find stocks that are going to split?

How to Find Stocks That Are Going to Split

• Finding Pending Stock Splits. Visit any financial website that provides a stock splits calendar, such as Yahoo Finance, Nasdaq or MSN Money.
• Determine the Specific Split. Find a stock on the list and identify its split ratio in the “Ratio” column. ...
• Locating the Date of the Split. Find the date in the “Announced” column. ...
• A Word of Caution. ...

Does Caterpillar stock ever split?

According to our Caterpillar stock split history records, Caterpillar has had 5 splits.

What is the highest Caterpillar stock has ever been?

The all-time high Caterpillar stock closing price was 244.79 on May 17, 2021.

Is Caterpillar stock a buy?

Caterpillar's current payout ratio is 41%. This means it paid out 41% of its trailing 12-month EPS as dividend. CAT is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2022 is $12.32 per share, representing a year-over-year earnings growth rate of 13.97%.

Is Caterpillar stock overvalued?

CAT' has a weak valuation at its current share price on account of a overvalued PEG ratio despite strong growth. CAT's PE and PEG are worse than the market average leading to a below average valuation score. Click Here to get the full Report on Caterpillar Inc.

Is Caterpillar a good dividend stock?

Taking a look at the company's dividend growth, its current annualized dividend of $4.44 is up 3.7% from last year. Caterpillar has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 9.24%.

Why are Caterpillar shares so high?

Caterpillar's Earnings Results Construction sales rose 27% compared to Q4 2020, driving overall fourth-quarter 2021 sales up 23% year over year, largely due to higher end-user demand, the impact from changes in dealer inventories and favorable price realization, Caterpillar reported in its release.

Is CAT a buy 2022?

Also, in October, JPMorgan analysts reiterated an overweight rating on the stock, with a price target of $248 per share, and called the construction equipment maker their “top pick into 2022.” In terms of forward P/E, CAT is currently trading at 20.59x, which is 7.8% lower than the 22.34x industry average.

What is the forecast for Caterpillar stock?

Stock Price Forecast The 23 analysts offering 12-month price forecasts for Caterpillar Inc have a median target of 240.00, with a high estimate of 350.00 and a low estimate of 164.00. The median estimate represents a +9.09% increase from the last price of 220.00.

Who is bigger John Deere or Caterpillar?

Caterpillar is notably bigger than Deere. Caterpillar's total revenues in 2018 stood at $55 billion – almost 50% more than Deere's $37 billion.

Is Caterpillar undervalued?

The historical average of roughly 15 shows a poor value for CAT stock as investors are paying higher share prices relative to the company's earnings. CAT's high trailing PE ratio shows that the firm has been trading above its fair market value recently.

Why is Caterpillar stock falling?

Higher sales volumes, along with higher pricing, added to revenue and profits. The company's lending unit earned $238 million in profit, down from $244 million in the first quarter of 2021. The provision for bad debts rose a little, but used equipment pricing was up too, offsetting some of that headwind.

Is Caterpillar a cyclical stock?

Caterpillar's Highly Cyclical Business Above is a graph of Caterpillar's earnings from the past twenty years. Notice how much more CAT's EPS growth declines during recessions compared to the S&P 500 index's average.

Why do companies split their stocks?

The reason is simple. In general, a firm will decide to split stocks when the price per share has become too high. High prices have a tendency to put off investors (especially the smaller investors). As a result of a stock split, the price per share gets reduced and becomes an attractive option for retail investors (who otherwise would have stayed away).

What is the ratio of CAT stock?

The first row in the CAT stock split table (shown above) shows the ratio as 2:1. (e.g 2:1). This means every single stock of CAT was split into 2 (e.g 2)

Is it healthy to split stocks?

Many investors believe a company that has split stocks multiple times is financially healthy. Mere belief is not a substitute for careful analysis. One has to analyze the impact of the split (s) from different viewpoints to make decisions. Hopefully, the above report helps you in that regard.

What happens to the market after a caterpillar split?

When a company such as Caterpillar splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

How many splits does Cat have?

Caterpillar (CAT) has 5 splits in our CAT split history database. The first split for CAT took place on July 26, 1976. This was a 3 for 2 split, meaning for each 2 shares of CAT owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. CAT's second split took place on September 06, 1994. This was a 2 for 1 split, meaning for each share of CAT owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. CAT's third split took place on July 14, 1997. This was a 2 for 1 split, meaning for each share of CAT owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. CAT's 4th split took place on July 14, 2005. This was a 2 for 1 split, meaning for each share of CAT owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. CAT's 5th split took place on July 06, 1964. This was a 2 for 1 split, meaning for each share of CAT owned pre-split, the shareholder now owned 2 shares. For example, a 12000 share position pre-split, became a 24000 share position following the split.