NYSE:KAMNKaman Stock Price, Forecast & News

Kaman's stock was trading at $47.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KAMN stock has decreased by 14.9% and is now trading at $40.48. View which stocks have been most impacted by Coronavirus.

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

Kaman is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Kaman.

Kaman Co. (NYSE:KAMN) released its quarterly earnings data on Monday, May, 11th. The industrial products company reported $0.48 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.11. The industrial products company earned $207.32 million during the quarter, compared to the consensus estimate of $182.09 million. Kaman had a return on equity of 6.93% and a net margin of 24.42%. The company's revenue for the quarter was down 54.7% on a year-over-year basis. During the same quarter last year, the company posted $0.57 EPS. View Kaman's earnings history.

Kaman declared a quarterly dividend on Wednesday, June 10th. Shareholders of record on Tuesday, June 23rd will be given a dividend of $0.20 per share on Thursday, July 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Monday, June 22nd. View Kaman's dividend history.

2 brokerages have issued 1-year target prices for Kaman's shares. Their forecasts range from $55.00 to $55.00. On average, they expect Kaman's stock price to reach $55.00 in the next year. This suggests a possible upside of 35.9% from the stock's current price. View analysts' price targets for Kaman.

Media stories about KAMN stock have trended negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kaman earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Kaman.

Kaman saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 657,600 shares, a decline of 17.8% from the June 15th total of 799,900 shares. Based on an average daily volume of 222,500 shares, the days-to-cover ratio is currently 3.0 days. Currently, 2.4% of the shares of the company are sold short. View Kaman's Current Options Chain.

Some companies that are related to Kaman include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), Rush Enterprises (RUSHA), WESCO International (WCC), H&E Equipment Services (HEES), MRC Global (MRC), Textainer Group (TGH) and DXP Enterprises (DXPE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kaman investors own include NVIDIA (NVDA), Occidental Petroleum (OXY), QUALCOMM (QCOM), AbbVie (ABBV), Boeing (BA), salesforce.com (CRM), Walt Disney (DIS), General Electric (GE), Honda Motor (HMC) and AT&T (T).

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

Shares of KAMN 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 KAMN stock can currently be purchased for approximately $40.48.

Kaman has a market capitalization of $1.12 billion and generates $761.61 million in revenue each year. The industrial products company earns $209.83 million in net income (profit) each year or $1.63 on an earnings per share basis. Kaman employs 2,935 workers across the globe.

The official website for Kaman is www.kaman.com.

Kaman's mailing address is 1332 BLUE HILLS AVE, BLOOMFIELD CT, 06002. The industrial products company can be reached via phone at 860-243-7100 or via email at [email protected]