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NASDAQ:KALU

Kaiser Aluminum (KALU) Stock Price, News & Analysis

Kaiser Aluminum logo
$69.78 +0.42 (+0.61%)
(As of 12/20/2024 05:23 PM ET)

About Kaiser Aluminum Stock (NASDAQ:KALU)

Key Stats

Today's Range
$68.31
$71.15
50-Day Range
$67.31
$86.20
52-Week Range
$59.52
$102.42
Volume
374,232 shs
Average Volume
141,630 shs
Market Capitalization
$1.12 billion
P/E Ratio
24.15
Dividend Yield
4.41%
Price Target
$82.33
Consensus Rating
Hold

Company Overview

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. The company's automotive extrusions include extruded aluminum products for structural components, crash management systems, anti-lock braking systems, and drawn tubes for drive shafts, as well as offers fabrication services, including sawing and cutting to length. Its packaging products consist of bare and coated 3000- and 5000-series alloy aluminum coil used for beverage and food packaging industry. In addition, the company's general engineering products comprise alloy plate, sheet, rod, bar, tube, wire, and standard extrusion shapes used in various applications, including the production of military vehicles, ordnances, semiconductor manufacturing cells, electronic devices, after-market motor sport parts, tooling plates, parts for machinery and equipment, bolts, screws, nails, and rivets. Further, its rerolled, extruded, drawn, and cast billet aluminum products used for industrial end uses. The company sells its products directly to customers through sales personnel located in the United States, Canada, Western Europe, and China, as well as through independent sales agents in other regions of Asia, Latin America, and the Middle East. Kaiser Aluminum Corporation was founded in 1946 and is headquartered in Franklin, Tennessee.

Kaiser Aluminum Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

KALU MarketRank™: 

Kaiser Aluminum scored higher than 71% of companies evaluated by MarketBeat, and ranked 87th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Kaiser Aluminum has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Kaiser Aluminum has received no research coverage in the past 90 days.

  • Read more about Kaiser Aluminum's stock forecast and price target.
  • Earnings Growth

    Earnings for Kaiser Aluminum are expected to grow by 107.22% in the coming year, from $2.63 to $5.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Kaiser Aluminum is 24.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Kaiser Aluminum is 24.15, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.08.

  • Price to Book Value per Share Ratio

    Kaiser Aluminum has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.91% of the float of Kaiser Aluminum has been sold short.
  • Short Interest Ratio / Days to Cover

    Kaiser Aluminum has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Kaiser Aluminum has recently decreased by 2.52%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Kaiser Aluminum is a leading dividend payer. It pays a dividend yield of 4.10%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Kaiser Aluminum does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Kaiser Aluminum is 106.57%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Kaiser Aluminum will have a dividend payout ratio of 56.51% next year. This indicates that Kaiser Aluminum will be able to sustain or increase its dividend.

  • Read more about Kaiser Aluminum's dividend.
  • Percentage of Shares Shorted

    2.91% of the float of Kaiser Aluminum has been sold short.
  • Short Interest Ratio / Days to Cover

    Kaiser Aluminum has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Kaiser Aluminum has recently decreased by 2.52%, indicating that investor sentiment is improving.
  • News Sentiment

    Kaiser Aluminum has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Kaiser Aluminum this week, compared to 3 articles on an average week.
  • Search Interest

    2 people have searched for KALU on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Kaiser Aluminum insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.50% of the stock of Kaiser Aluminum is held by insiders.

  • Percentage Held by Institutions

    99.29% of the stock of Kaiser Aluminum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Kaiser Aluminum's insider trading history.
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KALU Stock News Headlines

J.P. Morgan Sticks to Their Hold Rating for Kaiser Aluminum (KALU)
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KALU Stock Analysis - Frequently Asked Questions

Kaiser Aluminum's stock was trading at $71.19 on January 1st, 2024. Since then, KALU stock has decreased by 2.0% and is now trading at $69.78.
View the best growth stocks for 2024 here
.

Kaiser Aluminum Co. (NASDAQ:KALU) posted its quarterly earnings data on Wednesday, October, 23rd. The industrial products company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by $0.16. The company's revenue was up .5% on a year-over-year basis.

Kaiser Aluminum subsidiaries include these companies: Alcoa Warrick, Imperial, Kaiser Aluminum Fabricated Products LLC, Kaiser Aluminum Investments Company, Kaiser Aluminum Warrick, and Kaiser Aluminum Washington LLC.

Top institutional investors of Kaiser Aluminum include State Street Corp (5.97%), Victory Capital Management Inc. (5.27%), Geode Capital Management LLC (2.34%) and Charles Schwab Investment Management Inc. (1.83%). Insiders that own company stock include Keith Harvey, Jack A Hockema, Ray Parkinson, Brant Weaver, Del L Miller, Neal E West and Leo Wilfred Gerard.
View institutional ownership trends
.

Shares of KALU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Kaiser Aluminum investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Exxon Mobil (XOM) and Adobe (ADBE).

Company Calendar

Last Earnings
10/23/2024
Ex-Dividend for 11/15 Dividend
10/25/2024
Dividend Payable
11/15/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
Aluminum
Current Symbol
NASDAQ:KALU
CUSIP
48300770
Employees
4,000
Year Founded
1946

Price Target and Rating

Average Stock Price Target
$82.33
High Stock Price Target
$100.00
Low Stock Price Target
$67.00
Potential Upside/Downside
+18.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$47.20 million
Pretax Margin
2.02%

Debt

Sales & Book Value

Annual Sales
$2.98 billion
Cash Flow
$8.54 per share
Book Value
$40.73 per share

Miscellaneous

Free Float
15,847,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
1.33

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This page (NASDAQ:KALU) was last updated on 12/21/2024 by MarketBeat.com Staff
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