NYSE:KAMNKaman Stock Price, Forecast & News

Kaman's stock was trading at $47.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KAMN shares have decreased by 16.4% and is now trading at $39.75. 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 results on Monday, May, 11th. The industrial products company reported $0.48 earnings per share (EPS) for the quarter, beating the 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 net margin of 24.42% and a return on equity of 6.93%. The company's quarterly revenue was down 54.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.57 EPS. View Kaman's earnings history.

Kaman announced a quarterly dividend on Tuesday, February 18th. Stockholders 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 yield of 2.01%. The ex-dividend date of this dividend is Monday, March 16th. View Kaman's dividend history.

2 equities research analysts have issued 1-year target prices for Kaman's shares. Their forecasts range from $55.00 to $55.00. On average, they anticipate Kaman's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 38.4% from the stock's current price. View analysts' price targets for Kaman.

Media stories about KAMN stock have been trending very positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Kaman earned a coverage optimism score of 3.5 on InfoTrie's scale. They also gave press 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 effect on the stock's share price in the next several days. View the latest news aboutKaman.

Kaman saw a increase in short interest in 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 daily volume of 209,000 shares, the short-interest ratio is currently 3.4 days. Approximately 2.6% of the company's shares are short sold. 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."

Kaman's stock is owned by a number of institutional and retail investors. Top institutional shareholders 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 and Neal J Keating. 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 $39.75.

Kaman has a market capitalization of $1.10 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]