News coverage about Kaiser Aluminum (NASDAQ:KALU) has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kaiser Aluminum earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 46.6011283079216 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of Kaiser Aluminum (NASDAQ:KALU) opened at $100.46 on Tuesday. Kaiser Aluminum has a 12-month low of $74.56 and a 12-month high of $108.99. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.75 and a quick ratio of 2.55. The company has a market cap of $1,693.08, a PE ratio of 19.41, a PEG ratio of 1.32 and a beta of 0.54.

Kaiser Aluminum (NASDAQ:KALU) last posted its earnings results on Wednesday, October 18th. The industrial products company reported $0.90 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by ($0.19). Kaiser Aluminum had a return on equity of 11.45% and a net margin of 6.18%. The company had revenue of $332.80 million during the quarter, compared to analysts’ expectations of $335.37 million. During the same period in the prior year, the business posted $1.02 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. research analysts predict that Kaiser Aluminum will post 5.04 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, October 25th were given a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, October 24th. This represents a $2.00 annualized dividend and a dividend yield of 1.99%. Kaiser Aluminum’s dividend payout ratio is 41.32%.

KALU has been the subject of several analyst reports. BidaskClub raised shares of Kaiser Aluminum from a “hold” rating to a “buy” rating in a research report on Thursday, December 7th. Zacks Investment Research cut shares of Kaiser Aluminum from a “buy” rating to a “hold” rating in a research report on Friday, October 13th. Morgan Stanley increased their price target on shares of Kaiser Aluminum from $87.00 to $101.00 and gave the company an “equal weight” rating in a research report on Thursday, November 16th. Credit Suisse Group increased their price target on shares of Kaiser Aluminum from $90.00 to $95.00 and gave the company a “neutral” rating in a research report on Friday, October 20th. Finally, Cowen set a $97.00 price target on shares of Kaiser Aluminum and gave the company a “hold” rating in a research report on Thursday, October 12th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $99.00.

In related news, CEO Jack A. Hockema sold 9,000 shares of the stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $102.67, for a total value of $924,030.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Melinda C. Ellsworth sold 1,000 shares of the stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $99.48, for a total transaction of $99,480.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,982 shares of company stock valued at $1,637,622. Corporate insiders own 3.00% of the company’s stock.

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Kaiser Aluminum Company Profile

Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The Company operates in the Fabricated Products segment. The Company’s Fabricated Products segment focuses on producing rolled, extruded and drawn aluminum products used principally for aerospace and defense, automotive and general engineering products that include consumer durables, electronics, electrical and machinery and equipment applications.

Insider Buying and Selling by Quarter for Kaiser Aluminum (NASDAQ:KALU)

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