18 JULY 2014www.watchlistnews.com
Kaiser Aluminum Corp. declares Quarterly Dividend of $0.35
Edited by : AL CIRCLE
2 min read
Kaiser Aluminum Corp. declared a quarterly dividend, Analyst Ratings Net reports. Shareholders of record on Friday, July 25th will be given a dividend of 0.35 per share on Friday, August 15th. This represents a $1.40 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Wednesday, July 23rd.
On a related note, analysts at Cowen and Company raised their price target on shares of Kaiser Aluminum Corp. from $73.00 to $76.00 in a research note on Friday, April 25th. They now have an “outperform” rating on the stock. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $75.90.
Shares of Kaiser Aluminum Corp. traded down 0.08% during mid-day trading on Wednesday, hitting $72.40. 101,912 shares of the company’s stock traded hands. Kaiser Aluminum Corp. has a one year low of $62.60 and a one year high of $74.73. The stock has a 50-day moving average of $71.39 and a 200-day moving average of $70.54. The company has a market cap of $1.294 billion and a P/E ratio of 15.87.
Kaiser Aluminum Corp. last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.85 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.81 by $0.04. The company had revenue of $335.00 million for the quarter, compared to the consensus estimate of $320.28 million. During the same quarter in the prior year, the company posted $1.03 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. On average, analysts predict that Kaiser Aluminum Corp. will post $3.61 earnings per share for the current fiscal year.
In other Kaiser Aluminum Corp. news, EVP Pete Bunin sold 2,500 shares of the company’s stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $72.66, for a total value of $181,650.00. The transaction was disclosed in a legal filing with the SEC.
On a related note, analysts at Cowen and Company raised their price target on shares of Kaiser Aluminum Corp. from $73.00 to $76.00 in a research note on Friday, April 25th. They now have an “outperform” rating on the stock. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $75.90.
Shares of Kaiser Aluminum Corp. traded down 0.08% during mid-day trading on Wednesday, hitting $72.40. 101,912 shares of the company’s stock traded hands. Kaiser Aluminum Corp. has a one year low of $62.60 and a one year high of $74.73. The stock has a 50-day moving average of $71.39 and a 200-day moving average of $70.54. The company has a market cap of $1.294 billion and a P/E ratio of 15.87.
Kaiser Aluminum Corp. last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.85 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.81 by $0.04. The company had revenue of $335.00 million for the quarter, compared to the consensus estimate of $320.28 million. During the same quarter in the prior year, the company posted $1.03 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. On average, analysts predict that Kaiser Aluminum Corp. will post $3.61 earnings per share for the current fiscal year.
In other Kaiser Aluminum Corp. news, EVP Pete Bunin sold 2,500 shares of the company’s stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $72.66, for a total value of $181,650.00. The transaction was disclosed in a legal filing with the SEC.
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