Kaiser Aluminum (KALU) to Release Earnings on Wednesday

Kaiser Aluminum (NASDAQ:KALU - Get Rating) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, February 22nd. Individual interested in participating in the company's earnings conference call can do so using this link. Kaiser Aluminum Trading Up 4.3 % Flat Steel

Shares of KALU stock opened at $89.01 on Wednesday. The company has a market cap of $1.42 billion, a P/E ratio of -989.00 and a beta of 1.29. Kaiser Aluminum has a fifty-two week low of $59.24 and a fifty-two week high of $107.41. The stock has a 50 day simple moving average of $83.35 and a two-hundred day simple moving average of $79.18. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.26 and a current ratio of 2.41. Kaiser Aluminum Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 15th. Stockholders of record on Wednesday, January 25th will be issued a dividend of $0.77 per share. The ex-dividend date is Tuesday, January 24th. This represents a $3.08 annualized dividend and a dividend yield of 3.46%. Kaiser Aluminum's dividend payout ratio is -3,422.22%. Analyst Ratings Changes

Several brokerages recently issued reports on KALU. The Goldman Sachs Group upped their price target on Kaiser Aluminum from $70.00 to $80.00 and gave the stock a "sell" rating in a report on Tuesday. Wolfe Research assumed coverage on Kaiser Aluminum in a research report on Thursday, December 15th. They set a "peer perform" rating on the stock. Finally, StockNews.com raised Kaiser Aluminum from a "sell" rating to a "hold" rating in a research report on Friday, January 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $93.33.Insiders Place Their Bets

In other Kaiser Aluminum news, CFO Neal E. West sold 400 shares of the stock in a transaction that occurred on Tuesday, January 10th. The stock was sold at an average price of $84.47, for a total value of $33,788.00. Following the completion of the sale, the chief financial officer now owns 580 shares in the company, valued at approximately $48,992.60. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 1.20% of the company's stock. Institutional Investors Weigh In On Kaiser Aluminum

Several institutional investors and hedge funds have recently bought and sold shares of the business. Point72 Hong Kong Ltd purchased a new position in shares of Kaiser Aluminum in the 2nd quarter valued at approximately $80,000. Captrust Financial Advisors lifted its stake in shares of Kaiser Aluminum by 76.1% in the 1st quarter. Captrust Financial Advisors now owns 1,016 shares of the industrial products company's stock valued at $96,000 after purchasing an additional 439 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of Kaiser Aluminum by 14.2% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,655 shares of the industrial products company's stock valued at $102,000 after purchasing an additional 206 shares during the period. Centiva Capital LP purchased a new position in shares of Kaiser Aluminum in the 4th quarter valued at approximately $215,000. Finally, UBS Group AG lifted its stake in shares of Kaiser Aluminum by 77.0% in the 1st quarter. UBS Group AG now owns 2,651 shares of the industrial products company's stock valued at $250,000 after purchasing an additional 1,153 shares during the period. Hedge funds and other institutional investors own 99.65% of the company's stock. Kaiser Aluminum Company Profile (Get Rating)

Kaiser Aluminum Corp. engages in the manufacture and sale of semi-fabricated specialty aluminum products. The firm caters to the aerospace, general engineering, automotive, and custom industrial applications industries. Its products include plate, sheet, coil, hard alloy shapes, soft alloy extrusions, seamless and structural extruded, drawn tube, hard alloy rod, bar, wire and forge stock.Read MoreGet a free copy of the StockNews.com research report on Kaiser Aluminum (KALU)LCI Industries Diversification Strategy Pays OffIs It Time To Buy The Dip In The Coca-Cola Company Ex-Dividend Date vs. Record Date: What’s the Difference?How Does the Consumer Price Index Affect the Stock Market?Are Denny’s Corporation Investors Due For A Grand Slam?

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Kaiser Aluminum (KALU) to Release Earnings on Wednesday - MarketBeat