NYSE:ARNC - Arconic Stock Price, News, & Analysis

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$18.60 -0.12 (-0.64 %)
(As of 03/26/2019 07:05 AM ET)
Previous Close$18.72
Today's Range$18.58 - $18.99
52-Week Range$15.63 - $24.07
Volume3.63 million shs
Average Volume4.49 million shs
Market Capitalization$9.02 billion
P/E Ratio13.68
Dividend Yield1.28%
Beta1.48
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 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. It also offers various forged, extruded, and machined metal products for the oil and gas, automotive, and land and sea defense end markets. The Global Rolled Products segment produces and sells aluminum sheets and plates for the aerospace, automotive, commercial transportation, packaging, building and construction, and industrial products end markets; and aseptic foils for the packaging end market. The Transportation and Construction Solutions segment provides integrated aluminum structural systems, architectural extrusions, and forged aluminum commercial vehicle wheels, which are used primarily in the commercial transportation and nonresidential building and construction end markets. It also produces aluminum products for the industrial products end market. Arconic Inc. sells its products directly to customers, as well as through distributors. The company was founded in 1888 and is based in New York, New York.

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Industry, Sector and Symbol

Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
CIK4281
Phone212-836-2732

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.01 billion
Cash Flow$2.5726 per share
Book Value$11.44 per share

Profitability

Net Income$642 million

Miscellaneous

Employees43,000
Market Cap$9.02 billion
Next Earnings Date4/29/2019 (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 Tuesday, March 12th. Investors of record on Friday, May 3rd will be paid a dividend of $0.02 per share on Saturday, May 25th. This represents a $0.08 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date of this dividend is Thursday, May 2nd. View Arconic's Dividend History.

How were Arconic's earnings last quarter?

Arconic Inc (NYSE:ARNC) released its earnings results on Friday, February, 8th. The basic materials company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.03. The basic materials company had revenue of $3.47 billion for the quarter, compared to analysts' expectations of $3.47 billion. Arconic had a return on equity of 12.73% and a net margin of 4.58%. Arconic's revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.31 EPS. View Arconic's Earnings History.

When is Arconic's next earnings date?

Arconic is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Arconic.

What guidance has Arconic issued on next quarter's earnings?

Arconic updated its FY19 earnings guidance on Friday, February, 8th. The company provided earnings per share (EPS) guidance of $1.55-1.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.59. The company issued revenue guidance of $14.3-14.6 billion, compared to the consensus revenue estimate of $14.43 billion.

What price target have analysts set for ARNC?

10 brokers have issued twelve-month price targets for Arconic's stock. Their predictions range from $18.26 to $29.00. On average, they anticipate Arconic's stock price to reach $23.2511 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for Arconic.

What is the consensus analysts' recommendation for Arconic?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arconic in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arconic.

Has Arconic been receiving favorable news coverage?

News stories about ARNC stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. Arconic earned a coverage optimism score of -1.5 on InfoTrie's scale. They also assigned media coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Are investors shorting Arconic?

Arconic saw a increase in short interest in February. As of February 28th, there was short interest totalling 37,854,489 shares, an increase of 177.1% from the February 15th total of 13,662,234 shares. Based on an average daily volume of 4,751,460 shares, the days-to-cover ratio is presently 8.0 days. Approximately 8.0% of the company's stock are sold short. View Arconic's Current Options Chain.

Who are some of Arconic's key competitors?

What other stocks do shareholders of Arconic own?

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

Who are Arconic's key executives?

Arconic's management team includes the folowing people:
  • Mr. Kenneth J. Giacobbe, CFO, Exec. VP & Member of Exec. Council (Age 53)
  • Ms. Katherine Hargrove Ramundo, Exec. VP, Chief Legal Officer, Corp. Sec. & Member of Exec. Council (Age 51)
  • Mr. Timothy Donald Myers, Exec. VP & Member of Exec. Council (Age 53)
  • Mr. Charles P. Blankenship Jr., CEO & Director
  • Dr. Raymond J. Kilmer, Chief Technology Officer, Exec. VP & Member of Exec. Council (Age 54)

Who are Arconic's major shareholders?

Arconic's stock is owned by many different of institutional and retail investors. Top institutional investors include Harris Associates L P (3.78%), Canyon Capital Advisors LLC (1.96%), Geode Capital Management LLC (1.15%), Dimensional Fund Advisors LP (1.00%), Northern Trust Corp (0.96%) and FMR LLC (0.94%). Company insiders that own Arconic stock include Christopher L Ayers, David P Hess, Elmer L Doty, International LP Elliott, James F Albaugh, John C Plant, Patrice E Merrin, Patricia F Russo and Ulrich Schmidt. View Institutional Ownership Trends for Arconic.

Which institutional investors are selling Arconic stock?

ARNC stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Douglas Lane & Associates LLC, Harris Associates L P, Bank of Nova Scotia, Millennium Management LLC, Highbridge Capital Management LLC, Toronto Dominion Bank and California Public Employees Retirement System. View Insider Buying and Selling for Arconic.

Which institutional investors are buying Arconic stock?

ARNC stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, Oregon Public Employees Retirement Fund, State of New Jersey Common Pension Fund D, Canyon Capital Advisors LLC, Prudential Financial Inc., Hsbc Holdings PLC and Geode Capital Management LLC. Company insiders that have bought Arconic stock in the last two years include Christopher L Ayers, David P Hess, Elmer L Doty, International LP Elliott, James F Albaugh, John C Plant, Patrice E Merrin, Patricia F Russo 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 $18.60.

How big of a company is Arconic?

Arconic has a market capitalization of $9.02 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.

What is Arconic's official website?

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

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  519
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.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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