Kaiser Aluminum (NASDAQ:KALU – Get Free Report) posted its quarterly earnings data on Wednesday. The industrial products company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.58 by $0.44, RTT News reports. The firm had revenue of $738.00 million during the quarter, compared to analyst estimates of $733.34 million. Kaiser Aluminum had a net margin of 1.85% and a return on equity of 8.47%. Kaiser Aluminum’s revenue was down 8.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.99 EPS.
Kaiser Aluminum Stock Performance
Kaiser Aluminum stock traded up $6.43 during mid-day trading on Friday, reaching $94.92. 438,690 shares of the company traded hands, compared to its average volume of 149,548. The company has a debt-to-equity ratio of 1.72, a current ratio of 2.68 and a quick ratio of 1.39. Kaiser Aluminum has a fifty-two week low of $53.67 and a fifty-two week high of $95.56. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 25.72 and a beta of 1.38. The firm’s fifty day moving average is $81.49 and its two-hundred day moving average is $69.87.
Kaiser Aluminum Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, April 25th will be paid a dividend of $0.77 per share. The ex-dividend date is Wednesday, April 24th. This represents a $3.08 dividend on an annualized basis and a yield of 3.24%. Kaiser Aluminum’s payout ratio is 89.53%.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on Kaiser Aluminum
About Kaiser Aluminum
Kaiser Aluminum Corporation, together with its subsidiaries, engages in manufacture and sale of semi-fabricated specialty aluminum mill products in the United States and internationally. It offers rolled, extruded, and drawn aluminum products used for aerospace and defense, aluminum beverage and food packaging, automotive and general engineering products.
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