NYSE:KEM - KEMET Stock Price, Forecast & News

KEMET trades on the New York Stock Exchange (NYSE) under the ticker symbol "KEM."

KEMET announced a quarterly dividend on Thursday, August 1st. Investors of record on Thursday, August 15th will be paid a dividend of $0.05 per share on Monday, August 26th. This represents a $0.20 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date is Wednesday, August 14th. View KEMET's Dividend History.

KEMET Co. (NYSE:KEM) announced its quarterly earnings results on Thursday, February, 6th. The electronics maker reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.10. The electronics maker earned $294.70 million during the quarter, compared to analysts' expectations of $292.43 million. KEMET had a net margin of 10.21% and a return on equity of 25.26%. KEMET's quarterly revenue was down 15.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.06 earnings per share. View KEMET's Earnings History.

KEMET is scheduled to release their next quarterly earnings announcement on Thursday, May 21st 2020. View Earnings Estimates for KEMET.

2 Wall Street analysts have issued 12 month price objectives for KEMET's stock. Their forecasts range from $26.00 to $27.20. On average, they anticipate KEMET's stock price to reach $26.60 in the next year. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets for KEMET.

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

Headlines about KEM stock have trended negative on Monday, InfoTrie reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. KEMET earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the electronics maker a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the next few days. View News Stories for KEMET.

KEMET saw a decrease in short interest in January. As of January 15th, there was short interest totalling 6,150,000 shares, a decrease of 32.8% from the December 31st total of 9,150,000 shares. Based on an average daily volume of 1,860,000 shares, the short-interest ratio is currently 3.3 days. Approximately 11.0% of the company's stock are short sold. View KEMET's Current Options Chain.

Some companies that are related to KEMET include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), Plexus (PLXS), Sanmina (SANM), TTM Technologies (TTMI), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).

Based on aggregate information from My MarketBeat watchlists, some companies that other KEMET investors own include Micron Technology (MU), NVIDIA (NVDA), Applied Materials (AMAT), Alibaba Group (BABA), Advanced Micro Devices (AMD), Kratos Defense & Security Solutions (KTOS), Bank of America (BAC), Intel (INTC), Paypal (PYPL) and QUALCOMM (QCOM).

KEMET's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include ARP Americas LP (5.21%), Magnetar Financial LLC (4.94%), CNH Partners LLC (2.99%), State Street Corp (2.92%), Bank of New York Mellon Corp (2.60%) and Alliancebernstein L.P. (2.58%). Company insiders that own KEMET stock include Charles C Meeks Jr, Claudio Lollini, Gregory C Thompson, Gurminder S Bedi, Per Olof Loof, Robert G Paul, Ronald James Assaf, Shignori Oyama and William M Lowe Jr. View Institutional Ownership Trends for KEMET.

KEM stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Bank of America Corp DE, Renaissance Technologies LLC, Guggenheim Capital LLC, Goldman Sachs Group Inc., Marshall Wace LLP, AQR Capital Management LLC and Cubist Systematic Strategies LLC. Company insiders that have sold KEMET company stock in the last year include Ronald James Assaf and Shignori Oyama. View Insider Buying and Selling for KEMET.

KEM stock was purchased by a variety of institutional investors in the last quarter, including ARP Americas LP, Magnetar Financial LLC, CNH Partners LLC, Alliancebernstein L.P., UBS Group AG, Neumeier Poma Investment Counsel LLC, Water Island Capital LLC and Ontario Teachers Pension Plan Board. View Insider Buying and Selling for KEMET.

Shares of KEM 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 KEM stock can currently be purchased for approximately $26.10.

KEMET has a market capitalization of $1.52 billion and generates $1.38 billion in revenue each year. The electronics maker earns $206.59 million in net income (profit) each year or $3.37 on an earnings per share basis. KEMET employs 14,350 workers across the globe.View Additional Information About KEMET.

The official website for KEMET is http://www.kemet.com/.

KEMET's mailing address is KEMET TOWER ONE EAST BROWARD BLVD., FORT LAUDERDALE FL, 33301. The electronics maker can be reached via phone at 954-766-2800 or via email at [email protected]