Koppers (KOP) to Release Earnings on Wednesday

Koppers (NYSE:KOP) is expected to be releasing its earnings data before the market opens on Wednesday, February 26th. Analysts expect Koppers to post earnings of $0.95 per share and revenue of $497.00 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Koppers Trading Up 0.5 %

Koppers stock opened at $30.30 on Wednesday. The firm has a 50-day moving average of $31.19 and a 200-day moving average of $34.88. Koppers has a one year low of $28.57 and a one year high of $58.23. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.54 and a quick ratio of 1.13. The company has a market cap of $614.12 million, a price-to-earnings ratio of 8.61 and a beta of 1.83.

Koppers Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders 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 dividend yield of 1.06%. This is an increase from Koppers’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Friday, March 7th. Koppers’s dividend payout ratio is currently 7.95%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on KOP. StockNews.com upgraded shares of Koppers from a “sell” rating to a “hold” rating in a research note on Monday, November 11th. Barrington Research restated an “outperform” rating and set a $64.00 price objective on shares of Koppers in a research note on Tuesday, November 12th.

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.