Log in
NYSE:ARNC

Arconic Stock Forecast, Price & News

$28.75
-0.50 (-1.71 %)
(As of 11/27/2020 12:00 AM ET)
Add
Compare
Today's Range
$28.32
Now: $28.75
$29.30
50-Day Range
$21.19
MA: $25.03
$29.34
52-Week Range
$5.80
Now: $28.75
$29.94
Volume261,765 shs
Average Volume1.69 million shs
Market Capitalization$3.14 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Hungary, Russia, China, France, the United Kingdom, and internationally. It operates through three segments: Rolled Products, Extrusions, and Building and Construction Systems. The Rolled Products segment provides a range of aluminum sheet and plate products for ground transportation, aerospace, industrial, and packaging markets. The Extrusions segment offers extruded products, including aerospace shapes, automotive shapes, seamless tubes, hollows, mortar fins, and high strength rods and bars for ground transportation, aerospace, and industrial markets. The Building and Construction Systems segment provides various products and building envelope solutions, such as entrances, curtain walls, windows, composite panels, and coil coated sheets for fabricators and glazing subcontractors. The company was formerly known as Arconic Rolled Products Corporation and changed its name to Arconic Corporation in Arpil 2020. Arconic Corporation was incorporated in 2019 and is headquartered in Pittsburgh, Pennsylvania.
Read More
Arconic logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.43 out of 5 stars


Industry, Sector and Symbol

Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryN/A
CUSIPN/A
CIK4281
Phone412-992-2500
Employees15,400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.28 billion
Book Value$13.63 per share

Profitability

Net Income$225 million

Miscellaneous

Market Cap$3.14 billion
Next Earnings Date2/4/2021 (Estimated)
OptionableOptionable
$28.75
-0.50 (-1.71 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive ARNC News and Ratings via Email

Sign-up to receive the latest news and ratings for ARNC and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Arconic (NYSE:ARNC) Frequently Asked Questions

How has Arconic's stock been impacted by COVID-19 (Coronavirus)?

Arconic's stock was trading at $22.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ARNC stock has increased by 30.0% and is now trading at $28.75.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Arconic?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arconic in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Arconic
.

What stocks does MarketBeat like better than Arconic?

Wall Street analysts have given Arconic a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Arconic wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Arconic's next earnings date?

Arconic is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Arconic
.

How were Arconic's earnings last quarter?

Arconic Co. (NYSE:ARNC) issued its quarterly earnings results on Thursday, November, 5th. The basic materials company reported $0.05 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by $0.09. The basic materials company had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.39 billion. Arconic had a net margin of 2.97% and a return on equity of 10.05%. The business's quarterly revenue was down 60.2% compared to the same quarter last year.
View Arconic's earnings history
.

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

Arconic announced a quarterly dividend on Friday, January 17th. Shareholders of record on Friday, February 7th will be paid a dividend of $0.02 per share on Tuesday, February 25th. This represents a $0.08 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date of this dividend is Thursday, February 6th.
View Arconic's dividend history
.

What guidance has Arconic issued on next quarter's earnings?

Arconic issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, November, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.6-5.7 billion, compared to the consensus revenue estimate of $5.76 billion.

What price target have analysts set for ARNC?

8 brokerages have issued twelve-month price objectives for Arconic's shares. Their forecasts range from $17.00 to $38.00. On average, they anticipate Arconic's stock price to reach $29.63 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price.
View analysts' price targets for Arconic
.

Are investors shorting Arconic?

Arconic saw a decline in short interest during the month of October. As of October 30th, there was short interest totaling 2,720,000 shares, a decline of 22.3% from the October 15th total of 3,500,000 shares. Based on an average daily trading volume, of 757,000 shares, the days-to-cover ratio is currently 3.6 days.
View Arconic's Short Interest
.

Who are some of Arconic's key competitors?

What other stocks do shareholders of Arconic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Arconic investors own include Alcoa (AA), Bank of America (BAC), Cisco Systems (CSCO), The Boeing (BA), General Electric (GE), Advanced Micro Devices (AMD), AT&T (T), Micron Technology (MU), NVIDIA (NVDA) and QUALCOMM (QCOM).

Who are Arconic's key executives?

Arconic's management team includes the following people:
  • Mr. Timothy Donald Myers, CEO & Director (Age 54, Pay $1.49M)
  • Mr. Erick R. Asmussen, Exec. VP & CFO (Age 53)
  • Mr. Jason B. Secore, VP of Treasury & Investor Relations
  • Ms. Diana C. Toman, Exec. VP, Chief Legal Officer & Sec. (Age 41)
  • Mr. Eric S. Rasmussen, VP of Strategy & Corp. Devel. (Age 52)
  • Ms. Melissa M. Miller, Exec. VP & Chief HR Officer (Age 48)
  • Mr. Mark J. Vrablec, Exec. VP & Chief Commercial Officer (Age 59)
  • Mr. Nandu Srinivasan, Pres of Global Rolled Products - North America
  • Mr. Rob L. Woodall, Pres of Global Rolled Products - Europe & Asia
  • Ms. Mary E. Zik, VP & Controller (Age 48)

What is Arconic's stock symbol?

Arconic trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARNC."

Who are Arconic's major shareholders?

Arconic's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.44%), Orbis Allan Gray Ltd (12.86%), State Street Corp (4.02%), Psagot Investment House Ltd. (1.79%), Arrowstreet Capital Limited Partnership (1.32%) and Aperio Group LLC (0.93%). Company insiders that own Arconic stock include Diana Toman, Erick R Asmussen, Frederick A Henderson, International LP Elliott, James F Albaugh, John C Plant, Katherine H Ramundo, Rajiv Gupta, Timothy Donald Myers and W Paul Myron.
View institutional ownership trends for Arconic
.

Which major investors are selling Arconic stock?

ARNC stock was sold by a variety of institutional investors in the last quarter, including Orbis Allan Gray Ltd, Caas Capital Management LP, BlackRock Inc., Aperio Group LLC, JPMorgan Chase & Co., TB Alternative Assets Ltd., Mackay Shields LLC, and LSV Asset Management.
View insider buying and selling activity for Arconic
.

Which major investors are buying Arconic stock?

ARNC stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., AQR Capital Management LLC, Morgan Stanley, Deroy & Devereaux Private Investment Counsel Inc., Acadian Asset Management LLC, AJO LP, State Street Corp, and First Trust Advisors LP. Company insiders that have bought Arconic stock in the last two years include Diana Toman, Erick R Asmussen, Frederick A Henderson, James F Albaugh, John C Plant, and Rajiv Gupta.
View insider buying and selling activity for Arconic
.

How do I buy shares of Arconic?

Shares of ARNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Arconic's stock price today?

One share of ARNC stock can currently be purchased for approximately $28.75.

How big of a company is Arconic?

Arconic has a market capitalization of $3.14 billion and generates $7.28 billion in revenue each year. Arconic employs 15,400 workers across the globe.

What is Arconic's official website?

The official website for Arconic is www.arconic.com.

How can I contact Arconic?

Arconic's mailing address is 201 Isabella Street Suite 400, Pittsburgh PA, 15212. The basic materials company can be reached via phone at 412-992-2500.

This page was last updated on 11/28/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.