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NASDAQ:KALU

Kaiser Aluminum (KALU) Stock Price, News & Analysis

$100.43
+0.36 (+0.36%)
(As of 05/21/2024 ET)
Today's Range
$99.27
$102.32
50-Day Range
$76.19
$101.20
52-Week Range
$53.67
$102.42
Volume
160,960 shs
Average Volume
146,848 shs
Market Capitalization
$1.61 billion
P/E Ratio
29.19
Dividend Yield
3.07%
Price Target
$77.00

Kaiser Aluminum MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
23.3% Downside
$77.00 Price Target
Short Interest
Healthy
2.68% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.23mentions of Kaiser Aluminum in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
82.77%
From $4.12 to $7.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.99 out of 5 stars

Industrial Products Sector

129th out of 157 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

5th out of 6 stocks

KALU stock logo

About Kaiser Aluminum Stock (NASDAQ:KALU)

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.

KALU Stock Price History

KALU Stock News Headlines

Kaiser Aluminum Corp
Q1 2024 Kaiser Aluminum Corp Earnings Call
Kaiser: Q1 Earnings Snapshot
Kaiser Aluminum Corporation Q1 Profit Increases, beats estimates
See More Headlines
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Company Calendar

Ex-Dividend for 5/15 Dividend
4/24/2024
Last Earnings
4/25/2024
Dividend Payable
5/15/2024
Today
5/21/2024
Next Earnings (Estimated)
7/23/2024
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
$77.00
High Stock Price Target
$84.00
Low Stock Price Target
$67.00
Potential Upside/Downside
-23.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$47.20 million
Pretax Margin
2.24%

Debt

Sales & Book Value

Annual Sales
$3.09 billion
Cash Flow
$9.63 per share
Book Value
$40.73 per share

Miscellaneous

Free Float
15,828,000
Market Cap
$1.61 billion
Optionable
Optionable
Beta
1.37

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Key Executives


KALU Stock Analysis - Frequently Asked Questions

Should I buy or sell Kaiser Aluminum stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kaiser Aluminum in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" KALU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KALU, but not buy additional shares or sell existing shares.
View KALU analyst ratings
or view top-rated stocks.

What is Kaiser Aluminum's stock price target for 2024?

3 equities research analysts have issued 12-month price objectives for Kaiser Aluminum's stock. Their KALU share price targets range from $67.00 to $84.00. On average, they predict the company's share price to reach $77.00 in the next twelve months. This suggests that the stock has a possible downside of 23.3%.
View analysts price targets for KALU
or view top-rated stocks among Wall Street analysts.

How have KALU shares performed in 2024?

Kaiser Aluminum's stock was trading at $71.19 at the beginning of 2024. Since then, KALU stock has increased by 41.1% and is now trading at $100.43.
View the best growth stocks for 2024 here
.

When is Kaiser Aluminum's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our KALU earnings forecast
.

How were Kaiser Aluminum's earnings last quarter?

Kaiser Aluminum Co. (NASDAQ:KALU) released its earnings results on Thursday, April, 25th. The industrial products company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.44. The industrial products company had revenue of $738 million for the quarter, compared to the consensus estimate of $733.34 million. Kaiser Aluminum had a trailing twelve-month return on equity of 8.40% and a net margin of 1.85%. The firm's revenue was down 8.7% on a year-over-year basis. During the same quarter last year, the company earned $0.99 EPS.

How often does Kaiser Aluminum pay dividends? What is the dividend yield for Kaiser Aluminum?

Kaiser Aluminum declared a quarterly dividend on Wednesday, April 10th. Shareholders of record on Thursday, April 25th will be paid a dividend of $0.77 per share on Wednesday, May 15th. This represents a $3.08 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Wednesday, April 24th.
Read our dividend analysis for KALU
.

Is Kaiser Aluminum a good dividend stock?

Kaiser Aluminum (NASDAQ:KALU) pays an annual dividend of $3.08 per share and currently has a dividend yield of 3.05%. The dividend payout ratio is 89.53%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KALU will have a dividend payout ratio of 40.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KALU.

What is Keith A. Harvey's approval rating as Kaiser Aluminum's CEO?

1 employees have rated Kaiser Aluminum Chief Executive Officer Keith A. Harvey on Glassdoor.com. Keith A. Harvey has an approval rating of 100% among the company's employees. This puts Keith A. Harvey in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Kaiser Aluminum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kaiser Aluminum investors own include Cisco Systems (CSCO), Intel (INTC), Verizon Communications (VZ), International Business Machines (IBM), AT&T (T), Wells Fargo & Company (WFC), Exxon Mobil (XOM), AbbVie (ABBV), Kohl's (KSS) and Pfizer (PFE).

Who are Kaiser Aluminum's major shareholders?

Kaiser Aluminum's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.79%), Tributary Capital Management LLC (1.69%), Russell Investments Group Ltd. (1.41%), First Eagle Investment Management LLC (1.09%), ProShare Advisors LLC (0.65%) and Principal Financial Group Inc. (0.52%). Insiders that own company stock include Alfred E Osborne Jr, Brant Weaver, Del L Miller, Jack A Hockema, Jack A Hockema, Jennifer Huey, Keith Harvey, Leo Wilfred Gerard, Neal E West, Neal E West and Ray Parkinson.
View institutional ownership trends
.

How do I buy shares of Kaiser Aluminum?

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.

Does Kaiser Aluminum have any subsidiaries?
The following companies are subsidiares of Kaiser Aluminum: Alcoa Warrick, Imperial, Kaiser Aluminum Fabricated Products LLC, Kaiser Aluminum Investments Company, Kaiser Aluminum Warrick, and Kaiser Aluminum Washington LLC.
Read More
This page (NASDAQ:KALU) was last updated on 5/21/2024 by MarketBeat.com Staff

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