Kaiser Aluminum (NASDAQ:KALU – Get Free Report) posted its quarterly earnings data on Thursday. The industrial products company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.44, RTT News reports. Kaiser Aluminum had a net margin of 1.85% and a return on equity of 8.40%. The firm had revenue of $738.00 million during the quarter, compared to analysts’ expectations of $733.34 million. During the same quarter last year, the company posted $0.99 EPS. The company’s quarterly revenue was down 8.7% compared to the same quarter last year.
Kaiser Aluminum Trading Up 7.3 %
Shares of KALU stock traded up $6.43 on Friday, hitting $94.92. The stock had a trading volume of 470,638 shares, compared to its average volume of 169,119. The company has a current ratio of 2.66, a quick ratio of 1.39 and a debt-to-equity ratio of 1.56. Kaiser Aluminum has a twelve month low of $53.67 and a twelve month high of $95.56. The company has a fifty day moving average price of $82.07 and a two-hundred day moving average price of $70.05. The firm has a market cap of $1.52 billion, a P/E ratio of 27.59 and a beta of 1.38.
Kaiser Aluminum Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, April 25th will be issued a $0.77 dividend. The ex-dividend date is Wednesday, April 24th. This represents a $3.08 annualized dividend and a yield of 3.24%. Kaiser Aluminum’s dividend payout ratio (DPR) is presently 89.53%.
Wall Street Analysts Forecast Growth
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About Kaiser Aluminum
Kaiser Aluminum Corporation, together with its subsidiaries, engages in manufacture and sale of semi-fabricated specialty aluminum mill products in the United States and internationally. It offers rolled, extruded, and drawn aluminum products used for aerospace and defense, aluminum beverage and food packaging, automotive and general engineering products.
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