Arconic Stock Price, News & Analysis (NYSE:ARNC)

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

Arconic declared a quarterly dividend on Thursday, September 26th. Shareholders of record on Friday, November 8th will be given a dividend of $0.02 per share on Monday, November 25th. This represents a $0.08 annualized dividend and a yield of 0.30%. The ex-dividend date is Thursday, November 7th. View Arconic's Dividend History.

Arconic Inc (NYSE:ARNC) issued its quarterly earnings results on Friday, August, 2nd. The basic materials company reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 3.13% and a return on equity of 15.38%. The firm's revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.37 earnings per share. View Arconic's Earnings History.

Arconic is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Arconic.

Arconic will be holding an earnings conference call on Tuesday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 estimate of $1.83. The company issued revenue guidance of $14.3-14.6, compared to the consensus revenue estimate of $14.36 billion.

9 equities research analysts have issued 12-month price targets for Arconic's shares. Their forecasts range from $18.26 to $34.00. On average, they anticipate Arconic's share price to reach $28.28 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Arconic.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arconic in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arconic.

News stories about ARNC stock have trended somewhat negative this week, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Arconic earned a news sentiment score of -1.5 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Arconic.

Arconic saw a drop in short interest in the month of September. As of September 15th, there was short interest totalling 11,730,000 shares, a drop of 6.2% from the August 15th total of 12,500,000 shares. Based on an average daily trading volume, of 3,160,000 shares, the days-to-cover ratio is presently 3.7 days. Approximately 2.7% of the company's stock are sold short. View Arconic's Current Options Chain.

Some companies that are related to Arconic include Mueller Industries (MLI), Kaiser Aluminum (KALU), Encore Wire (WIRE), Global Brass and Copper (BRSS), 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), Alibaba Group (BABA), Micron Technology (MU), Boeing (BA), General Electric (GE), Cisco Systems (CSCO), Advanced Micro Devices (AMD), NVIDIA (NVDA) and AT&T (T).

Arconic's stock is owned by a number of of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.25%), Robecosam AG (0.15%), Robeco Institutional Asset Management B.V. (0.13%), Envestnet Asset Management Inc. (0.12%), Zurcher Kantonalbank Zurich Cantonalbank (0.08%) and Artemis Investment Management LLP (0.07%). 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.

ARNC stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Heritage Investors Management Corp, Robecosam AG, Commerzbank Aktiengesellschaft FI, Exane Derivatives, Douglas Lane & Associates LLC, Gateway Investment Advisers LLC and Oakbrook Investments LLC. Company insiders that have sold Arconic company stock in the last year include International LP Elliott and Timothy Donald Myers. View Insider Buying and Selling for Arconic.

ARNC stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Artemis Investment Management LLP, State of Alaska Department of Revenue, Robeco Institutional Asset Management B.V., Fox Run Management L.L.C., NuWave Investment Management LLC, Hexavest Inc. and Contravisory Investment Management Inc.. 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.

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 $27.01.

Arconic has a market capitalization of $11.89 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.

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]