Kaiser Aluminum (NASDAQ:KALU) Announces Quarterly Earnings Results

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

Kaiser Aluminum Stock Up 0.1 %

Shares of NASDAQ KALU opened at $71.36 on Thursday. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of 24.69 and a beta of 1.34. The company has a current ratio of 2.60, a quick ratio of 1.36 and a debt-to-equity ratio of 1.56. The firm’s 50-day moving average price is $71.53 and its 200-day moving average price is $73.30. Kaiser Aluminum has a 12-month low of $62.83 and a 12-month high of $102.42.

Kaiser Aluminum Announces Dividend

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

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.