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 shares have decreased by 34.6% and is now trading at $14.47. View which stocks have been most impacted by Coronavirus.

10 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Arconic.

Arconic Inc (NYSE:ARNC) issued its quarterly earnings data on Monday, January, 27th. The basic materials company reported $0.53 EPS for the quarter, missing the Zacks' 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 company's revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.33 earnings per share. View Arconic's earnings history.

Arconic declared a quarterly dividend on Friday, January 17th. Shareholders 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 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend 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 (EPS) 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.

10 brokers have issued 12-month price targets for Arconic's stock. Their forecasts range from $17.00 to $38.00. On average, they expect Arconic's stock price to reach $28.25 in the next year. This suggests a possible upside of 95.2% from the stock's current price. View analysts' price targets for Arconic.

Media stories about ARNC stock have been trending very negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -3.5 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutArconic.

Some companies that are related to Arconic include Howmet Aerospace (HWM), 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."

Arconic's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (30.98%), Lone Pine Capital LLC (18.95%), State Street Corp (18.52%), First Pacific Advisors LP (12.04%), Geode Capital Management LLC (7.88%) and Nomura Holdings Inc. (5.45%). Company insiders that own Arconic stock include Diana Toman, Erick R Asmussen, Frederick A Henderson, International LP Elliott, James F Albaugh, John C Plant, Katherine H Ramundo, Rajiv Gupta, Timothy Donald Myers 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 First Pacific Advisors LP, Nuveen Asset Management LLC, Deutsche Bank AG, State of Tennessee Treasury Department, First Trust Advisors LP, Morgan Stanley, Morgan Stanley, and Trinity Street Asset Management LLP. Company insiders that have sold Arconic company stock in the last year include International LP Elliott, Katherine H Ramundo, Timothy Donald Myers, and W Paul Myron. View insider buying and selling activity for Arconic.

ARNC stock was acquired by a variety of institutional investors in the last quarter, including Lone Pine Capital LLC, Nomura Holdings Inc., Geode Capital Management LLC, Janus Henderson Group PLC, Eminence Capital LP, Banco Santander S.A., Todd Asset Management LLC, and Swiss National Bank. Company insiders that have bought Arconic stock in the last two years include Diana Toman, Erick R Asmussen, Frederick A Henderson, James F Albaugh, John C Plant, and Rajiv Gupta. View insider buying and selling activity 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 $14.47.

Arconic has a market capitalization of $1.58 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.