NYSE:ARNCArconic Stock Price, Forecast & News

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 decreased by 34.4% and is now trading at $14.51. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arconic in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Arconic.

Arconic is scheduled to release its next quarterly earnings announcement on Monday, August 17th 2020. View our earnings forecast for Arconic.

Arconic Inc (NYSE:ARNC) announced its quarterly earnings data on Monday, January, 27th. The basic materials company reported $0.53 EPS for the quarter, missing the Zacks' consensus estimate of $0.54 by $0.01. The basic materials company had revenue of $3.40 billion for the quarter, compared to the consensus estimate of $3.49 billion. The business's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.33 EPS. View Arconic's earnings history.

Arconic declared 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 dividend yield of 0.55%. The ex-dividend date is Thursday, February 6th. View Arconic's dividend history.

Arconic issued an update on its first quarter 2020 Pre-Market earnings guidance on Monday, April, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.58-1.58 billion, compared to the consensus revenue estimate of $3.36 billion.

9 Wall Street analysts have issued twelve-month target prices for Arconic's shares. Their forecasts range from $17.00 to $38.00. On average, they expect Arconic's stock price to reach $28.00 in the next year. This suggests a possible upside of 93.0% from the stock's current price. View analysts' price targets for Arconic.

Media coverage about ARNC stock has trended neutral recently, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Arconic earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Arconic.

Some companies that are related to Arconic include Mueller Industries (MLI), Kaiser Aluminum (KALU), Encore Wire (WIRE), Tredegar (TG) and Quanex Building Products (NX). View all competitors.

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

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

Arconic's stock is owned by a variety of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.00%) and Lowe Wealth Advisors LLC (0.00%). 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.

ARNC stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., and Lowe Wealth Advisors LLC. Company insiders that have sold Arconic company stock in the last year include International LP Elliott, Katherine H Ramundo, Timothy Donald Myers, and W Paul Myron. View insider buying and selling activity for 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.

One share of ARNC stock can currently be purchased for approximately $14.51.

Arconic has a market capitalization of $1.58 billion and generates $7.28 billion in revenue each year. Arconic employs 15,400 workers across the globe.

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

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.