Kaiser Aluminum (NASDAQ:KALU) Posts Earnings Results

Kaiser Aluminum (NASDAQ:KALU) announced its earnings results on Wednesday. The industrial products company reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.37 by ($0.48), FiscalAI reports. Kaiser Aluminum had a return on equity of 24.27% and a net margin of 4.85%. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the previous year, the company earned $1.86 EPS. The business’s revenue for the quarter was up 43.9% on a year-over-year basis.

Kaiser Aluminum Stock Performance

Shares of NASDAQ:KALU opened at $114.99 on Friday. The company’s 50 day simple moving average is $154.82 and its 200 day simple moving average is $165.23. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 8.52 and a beta of 1.59. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.50 and a quick ratio of 1.17. Kaiser Aluminum has a 1 year low of $85.82 and a 1 year high of $199.89.

Kaiser Aluminum Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 23rd will be given a dividend of $0.77 per share. The ex-dividend date is Friday, October 23rd. This represents a $3.08 annualized dividend and a dividend yield of 2.7%. Kaiser Aluminum’s dividend payout ratio (DPR) is currently 22.83%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on KALU shares. Weiss Ratings cut Kaiser Aluminum from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 2nd. UBS Group upgraded Kaiser Aluminum from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $179.00 to $184.00 in a research note on Monday, August 31st. KeyCorp dropped their price objective on Kaiser Aluminum from $183.00 to $181.00 and set an “overweight” rating for the company in a report on Thursday, October 8th. Wells Fargo & Company upgraded Kaiser Aluminum from an “underweight” rating to an “equal weight” rating and cut their target price for the company from $169.00 to $160.00 in a research report on Friday, September 18th. Finally, Wall Street Zen upgraded Kaiser Aluminum from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 2nd. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $169.40.

Trending Headlines about Kaiser Aluminum

Here are the key news stories impacting Kaiser Aluminum this week:

• Positive Sentiment: Third-quarter net sales increased 43.9% year over year to approximately $1.21 billion, in line with analyst expectations. Shipments rose to 300.2 million pounds from 270.2 million, while conversion revenue increased to $439.1 million from $350.7 million. Kaiser Aluminum Corporation Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Kaiser maintained its 2026 guidance and expects conversion-revenue growth at the high end of its previously stated 10% to 15% range, suggesting continued demand across its end markets. Kaiser Aluminum 2026 Q3 Results Presentation
• Positive Sentiment: The company declared a quarterly dividend of $0.77 per share, payable November 13, 2026. Total liquidity was approximately $687 million at quarter-end, supporting financial flexibility. Kaiser Aluminum Q3 Sales and Net Income Report
• Neutral Sentiment: Fred Stephan is scheduled to succeed Keith Harvey as president and CEO on November 1. The transition adds a near-term leadership variable, although the company has announced no change to its outlook. Kaiser Aluminum Q3 2026 Earnings Call Transcript
• Negative Sentiment: Adjusted earnings of $1.89 per share missed consensus estimates, while net income fell to $31.0 million from $39.5 million a year earlier. Operating income improved, but higher costs and weaker earnings conversion overshadowed the substantial sales growth. Kaiser Aluminum Misses Q3 Earnings Estimates
• Negative Sentiment: Reported diluted EPS declined from $2.38 to $1.84 year over year, reinforcing concerns that revenue growth is not yet translating into stronger bottom-line results. Recent insider activity also showed selling without reported purchases, which may add to investor caution.

About Kaiser Aluminum

Kaiser Aluminum Corporation is a producer of semi-fabricated aluminum products used by manufacturers in the aerospace and defense, automotive, industrial, and consumer products markets. The company supplies aluminum materials designed for applications that require strength, light weight, corrosion resistance, and other specialized performance characteristics.

Its product portfolio includes rolled aluminum sheet and plate, extruded products, forged components, and other fabricated aluminum products.