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

Cementos Pacasmayo S.A.A.'s stock was trading at $5.1617 at the start of the year. Since then, CPAC stock has increased by 4.2% and is now trading at $5.38.
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Cementos Pacasmayo S.A.A. saw a decrease in short interest during the month of December. As of December 30th, there was short interest totaling 17,800 shares, a decrease of 42.9% from the December 15th total of 31,200 shares. Based on an average trading volume of 10,800 shares, the short-interest ratio is currently 1.6 days.
View Cementos Pacasmayo S.A.A.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023.
View our CPAC earnings forecast.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) released its earnings results on Monday, October, 25th. The construction company reported $0.12 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 net margin of 8.99% and a trailing twelve-month return on equity of 14.95%.

Cementos Pacasmayo S.A.A. declared an annual dividend on Monday, October 17th. Shareholders of record on Thursday, November 17th will be given a dividend of $0.5276 per share on Monday, December 12th. This represents a dividend yield of 9.6%. The ex-dividend date of this dividend is Wednesday, November 16th. This is a positive change 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 9.30%. CPAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 85.96%. Payout ratios above 75% are not desirable because they may not be sustainable.
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."

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 $5.38.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) has a market capitalization of $456.06 million and generates $499.32 million in revenue each year. The construction company earns $39.46 million in net income (profit) each year or $0.57 on an earnings per share basis.

The company employs 1,683 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.