FRANKLIN, Tenn., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU) (“Kaiser” or the “Company”) today announced Jack A. Hockema, Executive Chair of the Board of Directors (the “Board”) and Chair of the Executive Committee of the Board, notified the Board of his decision to retire as a director of the Company, effective January 1, 2025. In connection with Mr. Hockema's retirement, the Board appointed Keith A. Harvey, the Company's President and Chief Executive Officer and a director, as Chairman of the Board, and Kimberly T. Glas as a director to fill the vacancy on the Board created by Mr. Hockema's retirement, both effective January 1, 2025. Ms. Glas will serve as a Class I director with a term expiring at the Company's 2025 annual meeting of stockholders and will serve on the Board's audit and sustainability committees.

FRANKLIN, Tenn., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NYSE: KALU) (“Kaiser” or the “Company”), today announced that Keith Harvey, President and Chief Executive Officer, will participate in Baird's 2024 Global Industrial Conference on Tuesday, November 12, 2024 at the Ritz-Carlton in Chicago, Illinois. Mr. Harvey is scheduled to present at 1:45 p.m. CT and will participate in meetings with investors throughout the day.

Kaiser Aluminum Corporation (NASDAQ:KALU ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Kimberly Orlando - ADDO Investor Relations Keith Harvey - President and Chief Executive Officer Neal West - Executive Vice President and Chief Financial Officer Conference Call Participants Timna Tanners - Wolfe Research William Peterson - JPMorgan Operator Greetings and welcome to the Kaiser Aluminum Corporation Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Kaiser Aluminum (KALU) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.46 per share a year ago.

Third Quarter 2024 Highlights: Net Sales $748 Million; Conversion Revenue $362 Million Net Income $12 Million; Net Income per Diluted Share $0.74 Adjusted Net Income $8 Million; Adjusted Net Income per Diluted Share $0.51 Adjusted EBITDA $50 Million and Adjusted EBITDA Margin 13.9%; Inclusive of $4 Million GAAP LIFO Charge Declared Quarterly Dividend of $0.77 FRANKLIN, Tenn., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU) (the "Company" or "Kaiser"), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced third quarter 2024 results.

Kaiser (KALU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FRANKLIN, Tenn., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share. The dividend will be payable on November 15, 2024 to stockholders of record as of the close of business on October 25, 2024.

Kaiser Aluminum Corporation (NASDAQ:KALU ) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Kim Orlando - Addo Investor Relations Keith Harvey - President and Chief Executive Officer Neal West - Executive Vice President and Chief Financial Officer Conference Call Participants Bill Peterson - JPMorgan Operator Greetings, and welcome to the Kaiser Aluminum Corporation Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Kaiser Aluminum (KALU) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.26 per share a year ago.

FRANKLIN, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share. The dividend will be payable on August 15, 2024 to stockholders of record as of the close of business on July 25, 2024.

In the world of aerospace, when a giant like Boeing Co BA hits turbulence — the shockwaves are felt far and wide. One such ripple effect has landed squarely on Kaiser Aluminum Corp KALU.

FRANKLIN, Tenn., July 11, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU) today announced that it plans to release its second quarter 2024 financial and operating results on Wednesday, July 24, 2024 after the market closes. The Company will host its quarterly conference call on Thursday, July 25, 2024, at 9:00 a.m. Central Time.

AB SKF, The Timken, ESAB, Kaiser Aluminum and Northwest Pipe have been highlighted in this Industry Outlook article.

Easing supply-chain issues and solid end-market demand should aid the Metal Products - Procurement and Fabrication industry's growth. SKFRY, TKR, ESAB, KALU and NWPX are some stocks to watch, backed by their healthy growth prospects.

Kaiser Aluminum (KALU) shares gain on better-than-expected first-quarter 2024 results and an upbeat outlook for 2024.

FRANKLIN, Tenn., May 30, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU) today published its 2023 Sustainability Report summarizing the Company's focus and initiatives around its sustainability program and practices, consistent with its corporate values to be a preferred investment, a preferred supplier, a preferred customer, a preferred employer, and a valued corporate citizen. The report is available on the Company's website at https://www.kaiseraluminum.com.

FRANKLIN, Tenn., May 21, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (the “Company”) (NASDAQ: KALU) today announced that its upcoming 2024 Annual Meeting of Stockholders (the "Annual Meeting") will now be held at the Company's corporate office at 1550 West McEwen Drive, Suite 500, Franklin, Tennessee 37067. The Annual Meeting will be held at the originally scheduled date and time on Tuesday, June 11, 2024 at 9:00 a.m. Central Time.

Amalgamated Bank reduced its position in shares of Kaiser Aluminum Co. (NASDAQ:KALU – Free Report) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,875 shares of the industrial products company’s stock after selling 161 shares during the period. Amalgamated Bank’s holdings in Kaiser Aluminum were worth $489,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also bought and sold shares of KALU. International Assets Investment Management LLC bought a new stake in Kaiser Aluminum during the fourth quarter valued at about $51,000. Allspring Global Investments Holdings LLC raised its holdings in Kaiser Aluminum by 16.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,388 shares of the industrial products company’s stock valued at $104,000 after acquiring an additional 196 shares in the last quarter. Headlands Technologies LLC lifted its position in shares of Kaiser Aluminum by 131.8% in the 4th quarter. Headlands Technologies LLC now owns 1,544 shares of the industrial products company’s stock worth $110,000 after acquiring an additional 878 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Kaiser Aluminum by 50.2% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,756 shares of the industrial products company’s stock worth $207,000 after purchasing an additional 921 shares in the last quarter. Finally, New York State Teachers Retirement System raised its stake in shares of Kaiser Aluminum by 11.3% in the fourth quarter. New York State Teachers Retirement System now owns 4,927 shares of the industrial products company’s stock valued at $351,000 after purchasing an additional 500 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of Kaiser Aluminum from $68.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday, April 10th. Benchmark reissued a “buy” rating and issued a $84.00 target price on shares of Kaiser Aluminum in a research note on Friday, April 19th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Kaiser Aluminum has a consensus rating of “Hold” and an average target price of $77.00. Get Our Latest Stock Analysis on Kaiser Aluminum Kaiser Aluminum Stock Up 2.4 % Shares of NASDAQ KALU opened at $100.98 on Monday. The business has a fifty day moving average of $89.90 and a two-hundred day moving average of $73.66. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.43 and a current ratio of 2.66. Kaiser Aluminum Co. has a 52-week low of $53.67 and a 52-week high of $102.26. The stock has a market cap of $1.62 billion, a PE ratio of 29.35 and a beta of 1.37. Kaiser Aluminum (NASDAQ:KALU – Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The industrial products company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.44. The firm had revenue of $738.00 million for the quarter, compared to analysts’ expectations of $733.34 million. Kaiser Aluminum had a net margin of 1.85% and a return on equity of 8.40%. The company’s quarterly revenue was down 8.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.99 earnings per share. As a group, equities research analysts expect that Kaiser Aluminum Co. will post 4.12 earnings per share for the current fiscal year. Kaiser Aluminum Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Thursday, April 25th were paid a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date was Wednesday, April 24th. Kaiser Aluminum’s dividend payout ratio is currently 89.53%. Kaiser Aluminum Company Profile (Free Report) 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.

Kaiser (KALU) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Does Kaiser Aluminum (KALU) have what it takes to be a top stock pick for momentum investors? Let's find out.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Kaiser (KALU) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Sleeper stocks to buy – based on Nasdaq.com's glossary – represent securities that offer significant price appreciation potential once its fundamentals have been recognized. That could cover a lot of enterprises so I decided to narrow down the list.

WU, KALU and OB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 1, 2023.

Kaiser (KALU) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Kaiser Aluminum Corporation (NASDAQ:KALU ) Q1 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants Kim Orlando - ADDO Investor Relations Keith Harvey - President & Chief Executive Officer Neal West - Executive Vice President & Chief Financial Officer Conference Call Participants Curt Woodworth - UBS Josh Sullivan - The Benchmark Company Bill Peterson - JPMorgan Operator Greetings, and welcome to the Kaiser Aluminum Corporation First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

First Quarter 2024 Highlights: Net Sales $738 Million; Conversion Revenue $367 Million Net Income $25 Million; Net Income per Diluted Share $1.51 Adjusted Net Income $17 Million; Adjusted Net Income per Diluted Share $1.02 Adjusted EBITDA $62 Million; Adjusted EBITDA Margin 17.0% Improved Cost Controls and Operating Efficiencies Across the Platform Maintaining Full Year 2024 Outlook FRANKLIN, Tenn., April 24, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced first quarter 2024 results.

Does Kaiser Aluminum (KALU) have what it takes to be a top stock pick for momentum investors? Let's find out.

Kaiser (KALU) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

GCT, MUSA, HCI, KALU and BSIG are five stocks with explosive relative price strength.

Kaiser Aluminum (KALU) Q1 results are likely to reflect strong aerospace demand, offset by low demand for general engineering plate products, destocking in coated food products and inflated costs.

Kaiser (KALU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FRANKLIN, Tenn., April 15, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share. The dividend will be payable on May 15, 2024 to stockholders of record as of the close of business on April 25, 2024.

FRANKLIN, Tenn., April 11, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU) today announced that it plans to release its first quarter 2024 financial and operating results on Wednesday, April 24, 2024, after the market closes. The Company will host its quarterly conference call on Thursday, April 25, 2024, at 9:00 a.m. Central Time.

While the market has taken a small breather as of late, there have been many big-time winners throughout the last month, including these three. Analysts are bullish on their outlooks, with all three carrying a favorable Zacks Rank.

Kaiser (KALU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Kaiser Aluminum Corporation reports better than expected earnings, including net sales growth and EBITDA growth. The company offers a diversified product offering and a geographically diversified business profile. Kaiser Aluminum's focus on technically challenging applications and operational efficiency efforts may lead to net income growth and dividend growth.

Does Kaiser Aluminum (KALU) have what it takes to be a top stock pick for momentum investors? Let's find out.

Kaiser (KALU) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Amid recent market volatility, here are three highly ranked stocks that should have more upside and serve as viable buy-the-dip candidates if the opportunity is presented.

Xerox (XRX), H&E Equipment (HEES), Kaiser Aluminum (KALU) and Crane (CR) are four manufacturing stocks that you can look into as the sector rebounds after 16 months.

March 2024 AAII Journal, screens, and a Barron's reporters combined to list two sets of stocks herewith called: “AAII/Barron's All-Stars Q1/24”. The AII article was titled 'Stock Screen All-Stars', and the Barron's piece was ‘5 Small Cap Stocks Poised to Rebound'. Here are 22 stocks of which fourteen pay dividends and one of those was ideal, showing dividends from 1K invested greater than its stock price as of 3/28/24.

From a technical perspective, Kaiser Aluminum Corporation (KALU) is looking like an interesting pick, as it just reached a key level of support. KALU's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

Easing supply-chain issues and solid end-market demand should aid the Metal Products - Procurement and Fabrication industry's growth. NHYDY, ESAB and KALU are some stocks to watch, backed by their healthy growth prospects.

APP, KALU, COLL, EME and TXT are five stocks with explosive relative price strength.

Kaiser (KALU) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

GM, RCL, SMFG, KALU and NRIM have been added to the Zacks Rank #1 (Strong Buy) List on March 12, 2024.

APAM, NRIM and KALU made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 12, 2024.

Kaiser Aluminum Corporation (KALU) Q4 2023 Earnings Call Transcript