Koppers (KOP) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Koppers in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" KOP shares.
View KOP analyst ratings or view top-rated stocks.

2 equities research analysts have issued 12 month target prices for Koppers' shares. Their KOP share price forecasts range from $45.00 to $50.00. On average, they expect the company's stock price to reach $47.50 in the next year. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for KOP or view top-rated stocks among Wall Street analysts.

Koppers' stock was trading at $28.20 on January 1st, 2023. Since then, KOP shares have increased by 42.8% and is now trading at $40.28.
View the best growth stocks for 2023 here.

Koppers saw a increase in short interest in September. As of September 15th, there was short interest totaling 201,000 shares, an increase of 31.4% from the August 31st total of 153,000 shares. Based on an average daily volume of 87,800 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.0% of the company's stock are short sold.
View Koppers' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our KOP earnings forecast.

Koppers Holdings Inc. (NYSE:KOP) announced its quarterly earnings results on Thursday, August, 3rd. The specialty chemicals company reported $1.26 earnings per share for the quarter, beating analysts' consensus estimates of $1.08 by $0.18. The specialty chemicals company had revenue of $577.20 million for the quarter, compared to analyst estimates of $531 million. Koppers had a trailing twelve-month return on equity of 23.76% and a net margin of 3.93%. The firm's revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.97 earnings per share.

Koppers announced a quarterly dividend on Wednesday, August 2nd. Stockholders of record on Friday, August 25th will be given a dividend of $0.06 per share on Monday, September 11th. This represents a $0.24 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend is Thursday, August 24th.
Read our dividend analysis for KOP.

ETFs with the largest weight of Koppers (NYSE:KOP) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Value with Momentum ETF (XSVM) and Invesco S&P SmallCap 600 Pure Value ETF (RZV).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

Koppers (NYSE:KOP) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.61%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KOP will have a dividend payout ratio of 5.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KOP.

Koppers updated its FY23 earnings guidance on Thursday, September, 14th. The company provided EPS guidance of $4.30-$4.60 for the period, compared to the consensus EPS estimate of $4.40. The company issued revenue guidance of $2.1 billion, compared to the consensus revenue estimate of $2.13 billion.

12 employees have rated Koppers Chief Executive Officer Leroy Ball on Glassdoor.com. Leroy Ball has an approval rating of 47% among the company's employees. This puts Leroy Ball in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Koppers investors own include Alcoa (AA), CVS Health (CVS), Enterprise Products Partners (EPD), AbbVie (ABBV), Intel (INTC), NVIDIA (NVDA), Johnson & Johnson (JNJ), NextEra Energy (NEE), QUALCOMM (QCOM) and Verizon Communications (VZ).

Koppers trades on the New York Stock Exchange (NYSE) under the ticker symbol "KOP."

Shares of KOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KOP stock can currently be purchased for approximately $40.28.

Koppers (NYSE:KOP) has a market capitalization of $840.64 million and generates $1.98 billion in revenue each year. The specialty chemicals company earns $63.40 million in net income (profit) each year or $3.90 on an earnings per share basis.

The company employs 2,119 workers across the globe.

Koppers' mailing address is 436 SEVENTH AVENUE, PITTSBURGH PA, 15219. The official website for the company is www.koppers.com. The specialty chemicals company can be reached via phone at (412) 227-2001, via email at mcguireqt@koppers.com, or via fax at 412-227-2333.