Kaman (KAMN) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kaman in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KAMN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KAMN, but not buy additional shares or sell existing shares.
View KAMN analyst ratings or view top-rated stocks.

2 analysts have issued twelve-month price targets for Kaman's stock. Their KAMN share price forecasts range from $37.00 to $45.00. On average, they expect the company's share price to reach $41.00 in the next twelve months. This suggests a possible upside of 74.5% 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 start of the year. Since then, KAMN shares have increased by 5.3% and is now trading at $23.49.
View the best growth stocks for 2023 here.

Kaman saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 681,400 shares, a drop of 8.2% from the April 15th total of 741,900 shares. Based on an average daily volume of 133,500 shares, the days-to-cover ratio is currently 5.1 days.
View Kaman's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our KAMN earnings forecast.

Kaman Co. (NYSE:KAMN) announced its quarterly earnings data on Tuesday, November, 2nd. The industrial products company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.53 by $0.07. The industrial products company had revenue of $179.84 million for the quarter, compared to analyst estimates of $188.21 million. Kaman had a positive trailing twelve-month return on equity of 4.38% and a negative net margin of 6.94%. During the same quarter in the prior year, the firm earned $0.70 EPS.

Kaman declared a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Tuesday, March 21st will be given a dividend of $0.20 per share on Thursday, April 13th. This represents a $0.80 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend is Monday, March 20th.
Read our dividend analysis for KAMN.

ETFs with the largest weight of Kaman (NYSE:KAMN) stock in their portfolio include SPDR Kensho Future Security ETF (FITE), SPDR S&P Kensho Smart Mobility ETF (HAIL), Invesco S&P SmallCap Value with Momentum ETF (XSVM), SPDR S&P Aerospace & Defense ETF (XAR), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Industrials ETF (PSCI), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and First Trust Indxx Aerospace & Defense ETF (MISL).

Kaman (NYSE:KAMN) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.55%.
Read our dividend analysis for KAMN.

Kaman issued an update on its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $0.30-$0.57 for the period, compared to the consensus estimate of $0.42. The company issued revenue guidance of $730.00 million-$750.00 million, compared to the consensus revenue estimate of $740.20 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.02%), Gamco Investors INC. ET AL (9.05%), State Street Corp (6.01%), Dimensional Fund Advisors LP (5.17%), Gabelli Funds LLC (3.36%) and Geode Capital Management LLC (1.97%). Insiders that own company stock include E Reeves Callaway III, Richard R Barnhart and Thomas W Rabaut.
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 $23.49.

Kaman (NYSE:KAMN) has a market capitalization of $661.95 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 ($1.80) 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.