Koppers - KOP Stock Forecast, Price & News

Koppers' stock was trading at $31.30 at the start of the year. Since then, KOP shares have decreased by 32.5% and is now trading at $21.13.
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Koppers saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 377,200 shares, a decrease of 15.0% from the August 15th total of 443,600 shares. Based on an average daily volume of 107,200 shares, the short-interest ratio is presently 3.5 days. Approximately 1.9% of the shares of the stock are sold short.
View Koppers' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our KOP earnings forecast.

Koppers Holdings Inc. (NYSE:KOP) announced its earnings results on Thursday, August, 4th. The specialty chemicals company reported $0.97 EPS for the quarter, missing the consensus estimate of $1.15 by $0.18. The specialty chemicals company earned $502.50 million during the quarter, compared to analysts' expectations of $507 million. Koppers had a net margin of 3.51% and a trailing twelve-month return on equity of 19.61%. The firm's revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.41 earnings per share.

Koppers declared a quarterly dividend on Thursday, August 4th. Investors of record on Friday, August 26th will be given a dividend of $0.05 per share on Monday, September 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, August 25th.
Read our dividend analysis for KOP.

Koppers (NYSE:KOP) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.94%. The dividend payout ratio is 6.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KOP will have a dividend payout ratio of 4.35% 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 2022 earnings guidance on Thursday, August, 25th. The company provided earnings per share guidance of $4.10-$4.10 for the period, compared to the consensus EPS estimate of $4.10. The company issued revenue guidance of $2.00 billion-$2.00 billion, compared to the consensus revenue estimate of $1.90 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 many different institutional and retail investors. Top institutional investors include State Street Corp (3.59%), Principal Financial Group Inc. (1.67%), Smith Graham & Co. Investment Advisors LP (1.49%), Victory Capital Management Inc. (1.16%), Northern Trust Corp (1.10%) and Millennium Management LLC (1.06%). Insiders that own company stock include Albert J Neupaver, Bradley A Pearce, Daniel R Groves, Joseph P Dowd, M Leroy Ball, Steven R Lacy 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 $21.13.

Koppers (NYSE:KOP) has a market capitalization of $441.62 million and generates $1.68 billion in revenue each year. The specialty chemicals company earns $85.20 million in net income (profit) each year or $2.90 on an earnings per share basis.

The company employs 2,088 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.