Kaiser Aluminum (NASDAQ:KALU) Issues Earnings Results, Misses Estimates By $0.30 EPS

Kaiser Aluminum (NASDAQ:KALU) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.30), RTT News reports. Kaiser Aluminum had a return on equity of 6.92% and a net margin of 1.59%. During the same quarter in the previous year, the business earned $0.60 earnings per share.

Kaiser Aluminum Stock Up 0.1 %

NASDAQ KALU traded up $0.06 during mid-day trading on Wednesday, reaching $71.36. The stock had a trading volume of 154,149 shares, compared to its average volume of 92,703. Kaiser Aluminum has a 1 year low of $62.83 and a 1 year high of $102.42. The stock has a market cap of $1.15 billion, a PE ratio of 24.69 and a beta of 1.34. The company has a fifty day moving average price of $71.69 and a 200 day moving average price of $73.31. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.60 and a quick ratio of 1.36.

Kaiser Aluminum Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 24th were issued a $0.77 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $3.08 dividend on an annualized basis and a yield of 4.32%. Kaiser Aluminum’s payout ratio is currently 106.57%.

Kaiser Aluminum Company Profile

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.