Arconic Inc engineers, manufactures, and sells lightweight metals worldwide. The company operate in three segments: Engineered Products and Solutions, Global Rolled Products, and Transportation and Construction Solutions. The Engineered Products and Solutions segment produces and sells fastening systems and seamless rolled rings; investment castings, including airfoils and forged jet engine components; and extruded, machined, and formed aircraft parts for aerospace (commercial and defense), industrial, commercial transportation, and power generation end markets.
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Industry, Sector and Symbol
Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryN/A
SectorBasic Materials
Phone212-836-2732
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$14.01 billion
Profitability
Miscellaneous
Employees43,000
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable
Arconic (NYSE:ARNC) Frequently Asked Questions
What is Arconic's stock symbol?
Arconic trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARNC."
How often does Arconic pay dividends? What is the dividend yield for Arconic?
Arconic declared a quarterly dividend on Thursday, July 11th. Investors of record on Friday, August 2nd will be given a dividend of $0.02 per share on Sunday, August 25th. This represents a $0.08 annualized dividend and a yield of 0.33%. The ex-dividend date is Thursday, August 1st. View Arconic's Dividend History.
How were Arconic's earnings last quarter?
Arconic Inc (NYSE:ARNC) released its quarterly earnings results on Friday, August, 2nd. The basic materials company reported $0.58 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.50 by $0.08. The basic materials company had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.64 billion. Arconic had a return on equity of 15.38% and a net margin of 3.13%. The company's revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.37 EPS. View Arconic's Earnings History.
When is Arconic's next earnings date?
What guidance has Arconic issued on next quarter's earnings?
Arconic issued an update on its FY19 earnings guidance on Friday, August, 2nd. The company provided earnings per share guidance of $1.95-2.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.83. The company issued revenue guidance of $14.3-14.6, compared to the consensus revenue estimate of $14.36 billion.
What price target have analysts set for ARNC?
7 Wall Street analysts have issued 12-month price objectives for Arconic's shares. Their forecasts range from $18.26 to $31.00. On average, they anticipate Arconic's share price to reach $24.8943 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Arconic.
What is the consensus analysts' recommendation for Arconic?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arconic in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Arconic.
Has Arconic been receiving favorable news coverage?
Press coverage about ARNC stock has trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Arconic earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Arconic.
Who are some of Arconic's key competitors?
What other stocks do shareholders of Arconic own?
Who are Arconic's key executives?
Arconic's management team includes the folowing people:
- Mr. John C. Plant, Chairman & CEO (Age 65)
- Mr. Elmer L. Doty, Pres, COO & Director (Age 65)
- Mr. Kenneth J. Giacobbe, Exec. VP & CFO (Age 53)
- Ms. Katherine Hargrove Ramundo, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 51)
- Mr. Timothy Donald Myers, Exec. VP and Group Pres of Global Rolled Products & Transportation & Construction Solutions (Age 53)
Who are Arconic's major shareholders?
Arconic's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.28%), BlackRock Inc. (7.45%), BlackRock Inc. (7.45%), Canyon Capital Advisors LLC (1.81%), Prudential Financial Inc. (1.62%) and Invesco Ltd. (1.34%). Company insiders that own Arconic stock include David P Hess, International LP Elliott, John C Plant, Rajiv Gupta, Timothy Donald Myers and Ulrich Schmidt. 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 Vanguard Group Inc., Invesco Ltd., HBK Investments L P, BlackRock Inc., BlackRock Inc., Sasco Capital Inc. CT, Allianz Asset Management GmbH and AXA. View Insider Buying and Selling for Arconic.
Which major investors are buying Arconic stock?
ARNC stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Nuveen Asset Management LLC, LSV Asset Management, Renaissance Technologies LLC, First Trust Advisors LP, Bogle Investment Management L P DE, Ancora Advisors LLC and Parametric Portfolio Associates LLC. Company insiders that have bought Arconic stock in the last two years include David P Hess, International LP Elliott, John C Plant, Rajiv Gupta and Ulrich Schmidt. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Arconic's stock price today?
One share of ARNC stock can currently be purchased for approximately $24.31.
How big of a company is Arconic?
Arconic has a market capitalization of $10.70 billion and generates $14.01 billion in revenue each year. The basic materials company earns $642 million in net income (profit) each year or $1.36 on an earnings per share basis. Arconic employs 43,000 workers across the globe.View Additional Information About Arconic.
What is Arconic's official website?
How can I contact Arconic?
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]
MarketBeat Community Rating for Arconic (NYSE ARNC)
MarketBeat's community ratings are surveys of what our community members think about Arconic and other stocks. Vote "Outperform" if you believe ARNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
