Howmet Aerospace (HWM) to Release Earnings on Thursday

Howmet Aerospace (NYSE:HWM - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect Howmet Aerospace to post earnings of $0.77 per share and revenue of $1.94 billion for the quarter. Howmet Aerospace has set its FY 2025 guidance at 3.130-3.210 EPS and its Q1 2025 guidance at 0.750-0.770 EPS.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.03. The business had revenue of $1.89 billion during the quarter, compared to analysts' expectations of $1.88 billion. Howmet Aerospace had a return on equity of 25.74% and a net margin of 15.55%. On average, analysts expect Howmet Aerospace to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Howmet Aerospace Trading Up 0.8 %

Shares of NYSE:HWM traded up $1.14 during trading on Tuesday, reaching $137.49. The stock had a trading volume of 2,450,106 shares, compared to its average volume of 2,729,914. The business has a fifty day moving average price of $127.99 and a 200-day moving average price of $120.24. The company has a quick ratio of 0.98, a current ratio of 2.17 and a debt-to-equity ratio of 0.74. The stock has a market cap of $55.61 billion, a P/E ratio of 48.76, a PEG ratio of 1.92 and a beta of 1.25. Howmet Aerospace has a fifty-two week low of $66.37 and a fifty-two week high of $140.55.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Friday, May 9th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date of this dividend is Friday, May 9th. Howmet Aerospace's dividend payout ratio is presently 14.18%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HWM. Morgan Stanley boosted their price objective on shares of Howmet Aerospace from $125.00 to $155.00 and gave the company an "overweight" rating in a research report on Wednesday, February 19th. Benchmark boosted their price objective on shares of Howmet Aerospace from $85.00 to $135.00 and gave the company a "buy" rating in a research report on Monday, April 21st. Barclays boosted their price objective on shares of Howmet Aerospace from $130.00 to $140.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. Wells Fargo & Company reaffirmed an "equal weight" rating and set a $118.00 price target (down previously from $132.00) on shares of Howmet Aerospace in a research report on Tuesday, April 15th. Finally, Northcoast Research raised shares of Howmet Aerospace from a "sell" rating to a "neutral" rating in a research report on Wednesday, April 9th. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $125.06.

Institutional Investors Weigh In On Howmet Aerospace

An institutional investor recently raised its position in Howmet Aerospace stock. Brighton Jones LLC increased its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 5.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,548 shares of the company's stock after purchasing an additional 130 shares during the quarter. Brighton Jones LLC's holdings in Howmet Aerospace were worth $279,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 90.46% of the company's stock.

Howmet Aerospace Company Profile

Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.