Century Aluminum (NASDAQ:CENX) Posts Earnings Results, Misses Expectations By $0.04 EPS

Century Aluminum (NASDAQ:CENX) posted its quarterly earnings data on Thursday. The industrial products company reported $1.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by ($0.04), FiscalAI reports. Century Aluminum had a net margin of 3.47% and a return on equity of 12.83%. The business had revenue of $633.70 million for the quarter, compared to the consensus estimate of $661.63 million. During the same period in the prior year, the business posted $0.49 EPS. Century Aluminum’s quarterly revenue was up .4% on a year-over-year basis.

Here are the key takeaways from Century Aluminum’s conference call:

• Century formed a 60/40 joint venture with EGA to build the first new U.S. smelter in nearly 50 years, secured a $500M DOE grant, hired Bechtel for next‑stage engineering, and increased the planned capacity to 750,000 metric tons with an expected FID and groundbreaking by year‑end.
• Century completed the sale of the Hawesville site for $200M and retained a non‑dilutive 6.8% stake in the TeraWulf AI data center (with a one‑year put right), receiving cash now while preserving upside without funding obligations.
• Operational recoveries are ahead of prior timing — Grundartangi’s Line 2 is expected to restart with repaired transformers at the end of April and return to near‑full production by end of July, Jamalco’s TG4 turbine is on track for April commissioning to cut energy costs, and insurance reimbursements for the Iceland outage have begun.
• Financials show improving momentum — Q4 adjusted EBITDA was $171M, Q1 guidance is $215–235M and FY‑2026 shipments are expected at ~630k tons with CapEx of $115–125M — while the company retains $134M cash (plus $200M Hawesville proceeds) and net debt of $421M, and near‑term headwinds include a short energy price spike and timing of insurance/tax receipts.

Century Aluminum Price Performance

NASDAQ CENX traded up $2.28 on Thursday, reaching $52.50. 3,850,573 shares of the company’s stock traded hands, compared to its average volume of 2,403,753. Century Aluminum has a 12 month low of $13.05 and a 12 month high of $55.59. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.71 and a quick ratio of 0.79. The stock has a 50-day simple moving average of $44.00 and a 200 day simple moving average of $33.05. The stock has a market cap of $4.90 billion, a PE ratio of 61.76 and a beta of 2.24.

Insider Buying and Selling at Century Aluminum

In other news, CEO Jesse E. Gary sold 150,000 shares of the business’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $48.19, for a total value of $7,228,500.00. Following the completion of the sale, the chief executive officer owned 292,580 shares of the company’s stock, valued at approximately $14,099,430.20. The trade was a 33.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.76% of the company’s stock.

Hedge Funds Weigh In On Century Aluminum

Large investors have recently bought and sold shares of the stock. Lido Advisors LLC lifted its position in shares of Century Aluminum by 1.5% in the 4th quarter. Lido Advisors LLC now owns 12,911 shares of the industrial products company’s stock worth $506,000 after purchasing an additional 196 shares during the period. Smartleaf Asset Management LLC lifted its holdings in Century Aluminum by 48.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,185 shares of the industrial products company’s stock worth $47,000 after buying an additional 386 shares during the period. Algert Global LLC grew its holdings in shares of Century Aluminum by 0.8% during the 3rd quarter. Algert Global LLC now owns 53,943 shares of the industrial products company’s stock worth $1,584,000 after acquiring an additional 450 shares during the period. Sei Investments Co. raised its position in shares of Century Aluminum by 2.5% in the 2nd quarter. Sei Investments Co. now owns 20,926 shares of the industrial products company’s stock worth $377,000 after acquiring an additional 509 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Century Aluminum by 2.0% in the 4th quarter. The Manufacturers Life Insurance Company now owns 25,690 shares of the industrial products company’s stock valued at $1,007,000 after purchasing an additional 516 shares during the period. 61.59% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CENX shares. Zacks Research upgraded Century Aluminum from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. BMO Capital Markets raised their target price on shares of Century Aluminum from $30.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Wells Fargo & Company lifted their target price on shares of Century Aluminum from $46.00 to $61.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. B. Riley Financial boosted their price target on shares of Century Aluminum from $37.00 to $64.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Century Aluminum in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $53.00.

About Century Aluminum

Century Aluminum Company is a primary aluminum producer that develops and operates smelters designed to supply low-carbon, high-purity aluminum products to a range of industrial and commercial markets. Established in 1995, the company has grown to become a significant North American aluminum producer with an expanding international footprint. Century Aluminum is headquartered in the United States and is focused on energy-efficient operations and cost management.

The company’s core operations include three primary aluminum smelting facilities located in Hawesville, Kentucky; Mount Holly, South Carolina; and Grundartangi, Iceland.