NYSE:ARNC - Arconic Stock Price, Forecast & News

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

Arconic announced a quarterly dividend on Friday, January 17th. Investors of record on Friday, February 7th will be given a dividend of $0.02 per share on Tuesday, February 25th. This represents a $0.08 annualized dividend and a dividend yield of 0.24%. The ex-dividend date of this dividend is Thursday, February 6th. View Arconic's Dividend History.

Arconic Inc (NYSE:ARNC) released its quarterly earnings results on Monday, January, 27th. The basic materials company reported $0.53 earnings per share (EPS) for the quarter, missing the 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% compared to the same quarter last year. During the same period in the previous year, the business earned $0.33 earnings per share. 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 earnings per share 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.

11 equities research analysts have issued twelve-month target prices for Arconic's stock. Their forecasts range from $24.00 to $38.00. On average, they anticipate Arconic's share price to reach $31.33 in the next year. This suggests that the stock has a possible downside of 6.4%. View Analyst Price Targets for Arconic.

11 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 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arconic.

News headlines about ARNC stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. 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 0.5 on InfoTrie's scale. They also gave press 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 near term. View News Stories for Arconic.

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

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

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), Alibaba Group (BABA), Advanced Micro Devices (AMD), Micron Technology (MU), Cisco Systems (CSCO), Boeing (BA), AT&T (T) and Ford Motor (F).

Arconic's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.69%), Credit Suisse AG (1.66%), Geode Capital Management LLC (1.63%), Prudential Financial Inc. (1.56%), Canyon Capital Advisors LLC (0.86%) and LSV Asset Management (0.85%). 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, Canyon Capital Advisors LLC, Bank of New York Mellon Corp, FMR LLC, Bank of Montreal Can, State Street Corp and Goldman Sachs Group Inc.. 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 bought by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Samlyn Capital LLC, National Pension Service, Caisse DE Depot ET Placement DU Quebec, Braun Stacey Associates Inc., Renaissance Technologies LLC, LSV Asset Management 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 $33.47.

Arconic has a market capitalization of $14.49 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.

The official website for Arconic is http://www.arconic.com/.

Arconic's mailing address is 390 PARK AVENUE, NEW YORK NY, 10022. The basic materials company can be reached via phone at 212-836-2732 or via email at [email protected]