NYSE:ARNCArconic Stock Price, Forecast & News

Arconic's stock was trading at $22.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ARNC stock has decreased by 40.9% and is now trading at $13.07. 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) posted its quarterly earnings results on Monday, January, 27th. The basic materials company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by $0.01. The basic materials company earned $3.40 billion during the quarter, compared to analysts' expectations of $3.49 billion. The firm's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.33 EPS. View Arconic's earnings history.

Arconic declared a quarterly dividend on Friday, January 17th. Stockholders 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 annualized dividend and a yield of 0.61%. 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 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 brokers have issued 1 year price targets 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 114.2% from the stock's current price. View analysts' price targets for Arconic.

News coverage about ARNC stock has been trending negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Arconic earned a news impact score of -2.2 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future. 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."

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 $13.07.

Arconic has a market capitalization of $1.43 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.