Kaiser Aluminum (NASDAQ:KALU) Posts Quarterly Earnings Results, Misses Estimates By $0.30 EPS

Kaiser Aluminum (NASDAQ:KALU) released its earnings results on Wednesday. The industrial products company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business earned $0.60 EPS.

Kaiser Aluminum Stock Up 0.1 %

Shares of KALU stock traded up $0.06 during trading hours on Wednesday, hitting $71.36. 154,149 shares of the company’s stock traded hands, compared to its average volume of 92,703. The stock’s fifty day simple moving average is $71.69 and its two-hundred day simple moving average is $73.31. Kaiser Aluminum has a 12-month low of $62.83 and a 12-month high of $102.42. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 24.69 and a beta of 1.34. The company has a quick ratio of 1.36, a current ratio of 2.60 and a debt-to-equity ratio of 1.56.

Kaiser Aluminum Dividend Announcement

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