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 Wall Street analysts have issued 1 year price objectives for Koppers' shares. Their KOP share price forecasts range from $40.00 to $40.00. On average, they predict the company's stock price to reach $40.00 in the next twelve months. This suggests a possible upside of 24.1% 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 at the start of the year. Since then, KOP shares have increased by 14.3% and is now trading at $32.24.
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Koppers saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 203,600 shares, a drop of 41.7% from the April 30th total of 349,000 shares. Based on an average daily volume of 90,100 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.0% of the shares of the company are sold short.
View Koppers' Short Interest.

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

Koppers Holdings Inc. (NYSE:KOP) released its quarterly earnings data on Friday, May, 5th. The specialty chemicals company reported $1.12 EPS for the quarter, beating analysts' consensus estimates of $0.76 by $0.36. The specialty chemicals company earned $513.40 million during the quarter, compared to analyst estimates of $473.50 million. Koppers had a trailing twelve-month return on equity of 23.30% and a net margin of 3.45%. The company's quarterly revenue was up 11.8% compared to the same quarter last year. During the same period last year, the firm posted $0.91 earnings per share.

Koppers announced a quarterly dividend on Thursday, May 4th. Shareholders of record on Friday, May 26th will be paid a dividend of $0.06 per share on Monday, June 12th. This represents a $0.24 annualized dividend and a yield of 0.74%. The ex-dividend date is Thursday, May 25th.
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), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco DWA SmallCap Momentum ETF (DWAS), Syntax Stratified SmallCap ETF (SSLY), Vanguard U.S. Value Factor (VFVA), Invesco S&P SmallCap 600 Revenue ETF (RWJ), iShares Micro-Cap ETF (IWC) and Vanguard Materials ETF (VAW).

Koppers (NYSE:KOP) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.72%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KOP will have a dividend payout ratio of 5.15% 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 FY 2023 earnings guidance on Friday, May, 5th. The company provided earnings per share (EPS) guidance of $4.40-$4.40 for the period, compared to the consensus EPS estimate of $4.54. The company issued revenue guidance of $2.10 billion-$2.10 billion, compared to the consensus revenue estimate of $2.10 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."

Koppers' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.50%), Rubric Capital Management LP (5.33%), Dimensional Fund Advisors LP (4.68%), LSV Asset Management (3.86%), State Street Corp (3.64%) and Pzena Investment Management LLC (2.77%). Insiders that own company stock include Bradley A Pearce, Daniel J Skrovanek, Daniel R Groves, Joseph P Dowd, M Leroy Ball, Traci L Jensen and Xudong Feng.
View institutional ownership trends.

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 $32.24.

Koppers (NYSE:KOP) has a market capitalization of $671.56 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 $3.30 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.