Howmet Aerospace Inc. Announces Quarterly Dividend of $0.12 (NYSE:HWM)

Key Points

• Howmet Aerospace Inc. has declared a quarterly dividend of $0.12 per share, payable on November 25th to stockholders of record as of November 7th.
• The company's dividend payout ratio is 9.7%, indicating strong coverage of the dividend by earnings, and analysts project earnings of $3.99 per share for the next year.
• Howmet Aerospace's stock increased by 2.3% to $196.43 during mid-day trading, with a market capitalization of $79.19 billion.

Howmet Aerospace Inc. (NYSE:HWM - Get Free Report) announced a quarterly dividend on Tuesday, September 30th, RTT News reports. Stockholders of record on Friday, November 7th will be given a dividend of 0.12 per share on Tuesday, November 25th. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%.

Howmet Aerospace has a dividend payout ratio of 9.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Howmet Aerospace to earn $3.99 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 10.0%.

Howmet Aerospace Stock Up 2.3%

NYSE:HWM traded up $4.51 during mid-day trading on Tuesday, reaching $196.43. The stock had a trading volume of 2,363,536 shares, compared to its average volume of 2,918,212. The company has a market capitalization of $79.19 billion, a price-to-earnings ratio of 57.44, a price-to-earnings-growth ratio of 2.50 and a beta of 1.45. Howmet Aerospace has a 1-year low of $98.83 and a 1-year high of $196.66. The stock's 50 day simple moving average is $181.82 and its two-hundred day simple moving average is $164.45. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business's revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 EPS. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Equities analysts anticipate that Howmet Aerospace will post 3.27 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Barclays reaffirmed an "overweight" rating and issued a $190.00 price objective (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Wall Street Zen upgraded shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Susquehanna increased their target price on Howmet Aerospace from $170.00 to $210.00 and gave the company a "positive" rating in a report on Monday, July 14th. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Finally, Vertical Research reissued a "buy" rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Howmet Aerospace has a consensus rating of "Moderate Buy" and a consensus target price of $172.13.

About Howmet Aerospace

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.

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