NYSE:KAMNKaman Stock Price, Forecast & News

Kaman's stock was trading at $47.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, KAMN shares have decreased by 15.9% and is now trading at $40.00. 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) issued its earnings results on Monday, May, 11th. The industrial products company reported $0.48 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.11. The industrial products company had revenue of $207.32 million for the quarter, compared to analyst estimates of $182.09 million. Kaman had a net margin of 24.42% and a return on equity of 6.93%. Kaman's quarterly revenue was down 54.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.57 earnings per share. View Kaman's earnings history.

Kaman announced a quarterly dividend on Tuesday, February 18th. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.20 per share on Thursday, April 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Monday, March 16th. View Kaman's dividend history.

2 Wall Street analysts have issued 12-month 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 twelve months. This suggests a possible upside of 37.5% from the stock's current price. View analysts' price targets for Kaman.

News articles about KAMN stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kaman earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutKaman.

Kaman saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 712,600 shares, an increase of 5.5% from the April 30th total of 675,600 shares. Based on an average trading volume of 209,000 shares, the days-to-cover ratio is presently 3.4 days. Approximately 2.6% of the shares of the stock 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), GATX (GATX), Applied Industrial Technologies (AIT), Beacon Roofing Supply (BECN), Rush Enterprises (RUSHA), WESCO International (WCC), H&E Equipment Services (HEES), Textainer Group (TGH), MRC Global (MRC) 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."

Kaman's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.98%), Gamco Investors INC. ET AL (8.70%), State Street Corp (3.40%), Cramer Rosenthal Mcglynn LLC (3.23%), Bank of New York Mellon Corp (1.92%) and London Co. of Virginia (1.73%). Company insiders that own Kaman stock include Brian E Barents, E Reeves Callaway III, Gregory T Troy, Neal J Keating, Philip A Goodrich and Richard J Swift. View institutional ownership trends for Kaman.

KAMN stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., BlackRock Inc., Morgan Stanley, Morgan Stanley, Gamco Investors INC. ET AL, Bank of New York Mellon Corp, Chicago Equity Partners LLC, and London Co. of Virginia. Company insiders that have sold Kaman company stock in the last year include Brian E Barents, and E Reeves Callaway III. View insider buying and selling activity for Kaman.

KAMN stock was acquired by a variety of institutional investors in the last quarter, including Cramer Rosenthal Mcglynn LLC, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., State Street Corp, Balyasny Asset Management LLC, Geode Capital Management LLC, and SG Americas Securities LLC. Company insiders that have bought Kaman stock in the last two years include Gregory T Troy, and Neal J Keating. View insider buying and selling activity for Kaman.

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 $40.00.

Kaman has a market capitalization of $1.11 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]