Cementos Pacasmayo S.A.A. (CPAC) Stock Forecast, Price & News

Cementos Pacasmayo S.A.A.'s stock was trading at $5.1617 at the beginning of the year. Since then, CPAC shares have increased by 2.7% and is now trading at $5.30.
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Cementos Pacasmayo S.A.A. saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,800 shares, a decrease of 31.4% from the April 30th total of 7,000 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 1.2 days.
View Cementos Pacasmayo S.A.A.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, July 28th 2023.
View our CPAC earnings forecast.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) released its quarterly earnings results on Monday, October, 25th. The construction company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.08. The construction company earned $125.68 million during the quarter, compared to the consensus estimate of $97.81 million. Cementos Pacasmayo S.A.A. had a trailing twelve-month return on equity of 13.95% and a net margin of 8.45%.

Cementos Pacasmayo S.A.A. declared an annual dividend on Monday, October 17th. Investors of record on Thursday, November 17th will be given a dividend of $0.5276 per share on Monday, December 12th. This represents a yield of 9.6%. The ex-dividend date is Wednesday, November 16th. This is an increase from the stock's previous annual dividend of $0.32.
Read our dividend analysis for CPAC.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) pays an annual dividend of $0.49 per share and currently has a dividend yield of 9.32%. CPAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 92.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CPAC will have a dividend payout ratio of 84.48% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CPAC.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cementos Pacasmayo S.A.A. investors own include Gilead Sciences (GILD), Allena Pharmaceuticals (ALNA), Compañía de Minas Buenaventura S.A.A. (BVN), British American Tobacco (BTI), Energy Transfer (ET), Huntington Bancshares (HBAN), Invesco (IVZ), KeyCorp (KEY), Marathon Petroleum (MPC) and ONEOK (OKE).

Cementos Pacasmayo S.A.A. trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPAC."

Cementos Pacasmayo S.A.A.'s stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.12%) and Renaissance Technologies LLC (0.01%).

Shares of CPAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CPAC stock can currently be purchased for approximately $5.30.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) has a market capitalization of $449.28 million and generates $546.14 million in revenue each year. The construction company earns $45.64 million in net income (profit) each year or $0.53 on an earnings per share basis.

The company employs 1,713 workers across the globe.

Cementos Pacasmayo S.A.A.'s mailing address is CALLE LA COLONIA 150 URBANIZACION EL VIVERO SURCO, LIMA R5, . The official website for the company is www.cementospacasmayo.com.pe. The construction company can be reached via phone at (511) 317-6000, via email at irpacasmayo@cpsaa.com, or via fax at 51-1-437-5009.