Kaiser Aluminum (KALU) to Release Earnings on Monday

　　Kaiser Aluminum (NASDAQ:KALU) last posted its quarterly earnings results on Wednesday, April 25th. The industrial products company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.06. Kaiser Aluminum had a net margin of 2.45% and a return on equity of 11.60%. The company had revenue of $388.00 million during the quarter, compared to analyst estimates of $392.66 million. During the same period last year, the firm posted $1.52 EPS. Kaiser Aluminum’s revenue for the quarter was up 9.3% compared to the same quarter last year. On average, analysts expect Kaiser Aluminum to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

　　Kaiser Aluminum opened at $108.13 on Friday, according to Marketbeat Ratings. Kaiser Aluminum has a 12-month low of $90.93 and a 12-month high of $116.86. The company has a quick ratio of 2.74, a current ratio of 3.70 and a debt-to-equity ratio of 0.49. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 21.24, a price-to-earnings-growth ratio of 1.11 and a beta of 0.64.

　　The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 15th. Shareholders of record on Thursday, July 26th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Wednesday, July 25th. Kaiser Aluminum’s dividend payout ratio is presently 43.22%.

　　A number of research firms have issued reports on KALU. ValuEngine lowered shares of Kaiser Aluminum from a “buy” rating to a “hold” rating in a research report on Thursday, June 28th. Zacks Investment Research lowered shares of Kaiser Aluminum from a “hold” rating to a “sell” rating in a research report on Wednesday, July 4th. BidaskClub cut shares of Kaiser Aluminum from a “buy” rating to a “hold” rating in a research note on Tuesday, June 26th. Jefferies Financial Group initiated coverage on shares of Kaiser Aluminum in a research note on Monday, July 16th. They set a “hold” rating and a $122.00 price objective on the stock. Finally, TheStreet raised shares of Kaiser Aluminum from a “c+” rating to a “b+” rating in a research note on Wednesday, April 25th. Ten investment analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average target price of $106.63.

　　In other news, VP Neal E. West sold 725 shares of the firm’s stock in a transaction that occurred on Tuesday, May 15th. The shares were sold at an average price of $103.40, for a total transaction of $74,965.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP John Barneson sold 7,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 13th. The stock was sold at an average price of $112.53, for a total transaction of $787,710.00. The disclosure for this sale can be found here. Insiders have sold a total of 20,400 shares of company stock worth $2,242,630 in the last ninety days. Corporate insiders own 3.20% of the company’s stock.