Kaiser Aluminum (NASDAQ:KALU) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $1.15 per share for the quarter.
Shares of Kaiser Aluminum (NASDAQ:KALU) opened at $106.74 on Wednesday. Kaiser Aluminum has a 1-year low of $74.56 and a 1-year high of $116.86. The company has a current ratio of 3.75, a quick ratio of 2.55 and a debt-to-equity ratio of 0.47. The firm has a market cap of $1,800.00, a P/E ratio of 21.96, a price-to-earnings-growth ratio of 1.09 and a beta of 0.55.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Friday, January 26th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.06%. This is a positive change from Kaiser Aluminum’s previous quarterly dividend of $0.50. The ex-dividend date is Thursday, January 25th. Kaiser Aluminum’s payout ratio is presently 45.27%.
KALU has been the topic of a number of research reports. BidaskClub raised shares of Kaiser Aluminum from a “hold” rating to a “buy” rating in a report on Thursday, December 7th. Morgan Stanley boosted their target price on shares of Kaiser Aluminum from $87.00 to $101.00 and gave the stock an “equal weight” rating in a report on Thursday, November 16th. Zacks Investment Research raised shares of Kaiser Aluminum from a “sell” rating to a “hold” rating in a report on Monday, December 25th. Credit Suisse Group boosted their target price on shares of Kaiser Aluminum from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Friday, October 20th. Finally, Deutsche Bank lowered shares of Kaiser Aluminum from a “buy” rating to a “hold” rating and set a $104.00 target price on the stock. in a report on Tuesday, October 17th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $101.29.
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Kaiser Aluminum Company Profile
Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The Company operates in the Fabricated Products segment. The Company’s Fabricated Products segment focuses on producing rolled, extruded and drawn aluminum products used principally for aerospace and defense, automotive and general engineering products that include consumer durables, electronics, electrical and machinery and equipment applications.
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