Koppers (NYSE:KOP) Announces Earnings Results

Koppers (NYSE:KOP) announced its quarterly earnings data on Thursday. The specialty chemicals company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.18), Zacks reports. The company had revenue of $477.00 million during the quarter, compared to analysts’ expectations of $497.00 million. Koppers had a net margin of 3.55% and a return on equity of 16.71%. Koppers updated its FY 2025 guidance to 4.750-4.750 EPS.

Koppers Price Performance

Shares of NYSE KOP opened at $29.51 on Friday. The company has a current ratio of 2.54, a quick ratio of 1.13 and a debt-to-equity ratio of 1.83. The stock has a market cap of $598.04 million, a P/E ratio of 8.38 and a beta of 1.83. The stock has a 50 day moving average of $30.92 and a two-hundred day moving average of $34.68. Koppers has a twelve month low of $27.33 and a twelve month high of $58.23.

Koppers Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 7th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Friday, March 7th. This is an increase from Koppers’s previous quarterly dividend of $0.07. Koppers’s dividend payout ratio (DPR) is currently 9.09%.

Wall Street Analysts Forecast Growth

KOP has been the topic of several recent analyst reports. Barrington Research reiterated an “outperform” rating and issued a $64.00 price target on shares of Koppers in a research note on Monday. StockNews.com upgraded shares of Koppers from a “sell” rating to a “hold” rating in a report on Monday, November 11th.

Koppers declared that its board has approved a stock repurchase program on Thursday, February 27th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the specialty chemicals company to buy up to 16.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

About Koppers

Koppers Holdings Inc provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally. The company operates through Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC) segments.