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 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) posted its earnings results on Monday, May, 11th. The industrial products company reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates 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 quarter in the previous year, the business earned $0.57 EPS. View Kaman's earnings history.

Kaman announced 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 annualized dividend and a yield of 1.98%. The ex-dividend date is Monday, June 22nd. View Kaman's dividend history.

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

News stories about KAMN stock have trended negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kaman earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term. View the latest news about Kaman.

Kaman saw a decline in short interest in 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 trading volume of 222,500 shares, the days-to-cover ratio is presently 3.0 days. Currently, 2.4% 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), 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]