NYSE:ARNC - Arconic Stock Price, Forecast & News

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

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 0.24%. The ex-dividend date is Thursday, February 6th. View Arconic's Dividend History.

Arconic Inc (NYSE:ARNC) posted its quarterly earnings data on Monday, January, 27th. The basic materials company reported $0.53 EPS for the quarter, missing the Thomson Reuters' 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. Arconic had a return on equity of 20.28% and a net margin of 3.31%. The company's revenue was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 EPS. View Arconic's Earnings History.

Arconic is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Arconic.

Arconic updated its FY20 earnings guidance on Monday, January, 27th. The company provided EPS guidance of $2.22-2.42 for the period, compared to the Thomson Reuters consensus estimate of $2.37. The company issued revenue guidance of $13.9-14.2 billion, compared to the consensus revenue estimate of $14.25 billion.

10 Wall Street analysts have issued twelve-month price targets for Arconic's stock. Their forecasts range from $24.00 to $36.00. On average, they expect Arconic's share price to reach $30.50 in the next year. This suggests that the stock has a possible downside of 8.6%. View Analyst Price Targets for Arconic.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arconic in the last year. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arconic.

Media coverage about ARNC stock has trended extremely negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Arconic earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Arconic.

Arconic saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 6,230,000 shares, a drop of 8.4% from the January 15th total of 6,800,000 shares. Based on an average trading volume of 3,360,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.5% of the shares of the company are sold short. View Arconic's Current Options Chain.

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

Arconic's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (4.69%), Credit Suisse AG (1.66%), Prudential Financial Inc. (1.56%), LSV Asset Management (0.85%), Bank of New York Mellon Corp (0.63%) and Charles Schwab Investment Management Inc. (0.61%). Company insiders that own Arconic stock include International LP Elliott, James F Albaugh, John C Plant, Rajiv Gupta, Timothy Donald Myers, Ulrich Schmidt 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 Calamos Advisors LLC, New York State Common Retirement Fund, Bank of New York Mellon Corp, FMR LLC, Bank of Montreal Can, State Street Corp, Goldman Sachs Group Inc. and Sasco Capital Inc. CT. Company insiders that have sold Arconic company stock in the last year include International LP Elliott, Timothy Donald Myers and W Paul Myron. View Insider Buying and Selling for Arconic.

ARNC stock was purchased by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Samlyn Capital LLC, Caisse DE Depot ET Placement DU Quebec, Braun Stacey Associates Inc., Renaissance Technologies LLC, LSV Asset Management, MERIAN GLOBAL INVESTORS UK Ltd and MERIAN GLOBAL INVESTORS UK Ltd. Company insiders that have bought Arconic stock in the last two years include International LP Elliott, James F Albaugh, John C Plant, Rajiv Gupta and Ulrich Schmidt. View Insider Buying and Selling 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 $33.36.

Arconic has a market capitalization of $14.44 billion and generates $14.19 billion in revenue each year. The basic materials company earns $470 million in net income (profit) each year or $2.11 on an earnings per share basis. Arconic employs 43,000 workers across the globe.View Additional Information About Arconic.