Kaman (KAMN) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kaman in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" KAMN shares.
View KAMN analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 1-year price objectives for Kaman's stock. Their KAMN share price forecasts range from $37.00 to $37.00. On average, they anticipate the company's stock price to reach $37.00 in the next twelve months. This suggests a possible upside of 87.5% from the stock's current price.
View analysts price targets for KAMN or view top-rated stocks among Wall Street analysts.

Kaman's stock was trading at $22.30 at the beginning of the year. Since then, KAMN stock has decreased by 11.5% and is now trading at $19.73.
View the best growth stocks for 2023 here.

Kaman saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 467,800 shares, a decline of 9.0% from the August 15th total of 513,800 shares. Based on an average trading volume of 116,400 shares, the days-to-cover ratio is currently 4.0 days.
View Kaman's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our KAMN earnings forecast.

Kaman Co. (NYSE:KAMN) announced its quarterly earnings results on Wednesday, August, 2nd. The industrial products company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.13. The industrial products company had revenue of $195.16 million for the quarter, compared to analyst estimates of $184.51 million. Kaman had a negative net margin of 6.47% and a positive trailing twelve-month return on equity of 4.16%.

Kaman announced a quarterly dividend on Wednesday, August 9th. Shareholders of record on Tuesday, September 19th will be paid a dividend of $0.20 per share on Thursday, October 12th. This represents a $0.80 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date is Monday, September 18th.
Read our dividend analysis for KAMN.

ETFs with the largest weight of Kaman (NYSE:KAMN) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD), SPDR S&P Aerospace & Defense ETF (XAR), First Trust Indxx Aerospace & Defense ETF (MISL) and iShares U.S. Aerospace & Defense ETF (ITA).Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN).

Kaman (NYSE:KAMN) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.05%. KAMN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for KAMN.

Kaman issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $0.29-$0.56 for the period, compared to the consensus earnings per share estimate of $0.46. The company issued revenue guidance of $730.00 million-$750.00 million, compared to the consensus revenue estimate of $754.20 million.

12 employees have rated Kaman Chief Executive Officer Neal J. Keating on Glassdoor.com. Neal J. Keating has an approval rating of 99% among the company's employees. This puts Neal J. Keating in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kaman investors own include QUALCOMM (QCOM), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Boeing (BA), Coca-Cola (KO), Pfizer (PFE), Exxon Mobil (XOM), Johnson & Johnson (JNJ) and Occidental Petroleum (OXY).

Kaman trades on the New York Stock Exchange (NYSE) under the ticker symbol "KAMN."

Kaman's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.87%), Gamco Investors INC. ET AL (8.96%), Gamco Investors INC. ET AL (8.92%), State Street Corp (5.10%), Dimensional Fund Advisors LP (4.77%) and Cardinal Capital Management LLC CT (3.79%).
View institutional ownership trends.

Shares of KAMN 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 KAMN stock can currently be purchased for approximately $19.73.

Kaman (NYSE:KAMN) has a market capitalization of $556.78 million and generates $687.96 million in revenue each year. The industrial products company earns $-46,230,000.00 in net income (profit) each year or ($1.75) on an earnings per share basis.

The company employs 3,063 workers across the globe.

Kaman's mailing address is 1332 BLUE HILLS AVE, BLOOMFIELD CT, 06002. The official website for the company is www.kaman.com. The industrial products company can be reached via phone at (860) 243-7100, via email at investors@matadorresources.com, or via fax at 860-243-6365.