NYSE:ARNCArconic Stock Price, Forecast & News

Arconic's stock was trading at $22.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ARNC stock has decreased by 40.9% and is now trading at $13.07. View which stocks have been most impacted by Coronavirus.

9 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Arconic.

Arconic is scheduled to release its next quarterly earnings announcement on Monday, August 17th 2020. View our earnings forecast for Arconic.

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. The business's revenue was down 2.0% compared to the same quarter last year. During the same period last year, the business earned $0.33 EPS. View Arconic's earnings history.

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 0.61%. The ex-dividend date of this dividend is Thursday, February 6th. View Arconic's dividend history.

Arconic updated 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.

9 brokers have issued 1 year price targets for Arconic's shares. Their forecasts range from $17.00 to $38.00. On average, they expect Arconic's share price to reach $28.00 in the next year. This suggests a possible upside of 114.2% from the stock's current price. View analysts' price targets for Arconic.

News articles about ARNC stock have been trending somewhat negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Arconic earned a news impact score of -1.3 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Arconic.

Some companies that are related to Arconic include 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."

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 $13.07.

Arconic has a market capitalization of $1.43 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.