Last $76.22 USD
Change Today -0.39 / -0.51%
Volume 214.0K
KALU On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

kaiser aluminum corp (KALU) Snapshot

Open
$76.73
Previous Close
$76.61
Day High
$76.87
Day Low
$76.13
52 Week High
09/2/14 - $81.62
52 Week Low
10/21/13 - $62.60
Market Cap
1.4B
Average Volume 10 Days
191.7K
EPS TTM
$4.93
Shares Outstanding
17.9M
EX-Date
07/23/14
P/E TM
15.5x
Dividend
$1.40
Dividend Yield
1.77%
Current Stock Chart for KAISER ALUMINUM CORP (KALU)

Related News

No related news articles were found.

kaiser aluminum corp (KALU) Related Businessweek News

No Related Businessweek News Found

kaiser aluminum corp (KALU) Details

Kaiser Aluminum Corporation, together with its subsidiaries, produces semi-fabricated specialty aluminum products. The company produces rolled, extruded, and drawn aluminum products used principally for aerospace and defense, automotive, consumer durables, electronics, electrical, and machinery and equipment applications. Its aerospace and high strength products include heat treat plates and sheets, cold finish rods and bars, seamless drawn tubes, hard alloy extrusions, and billets; and aluminum plates, sheets, extruded shapes, and tubes for aerospace applications, as well as specialized rod and bar products for various applications. The company’s general engineering products comprise alloy rod, bar, tube, wire, sheet, plate, and standard extrusions used in the enhancement and production of military vehicles, semiconductor manufacturing cells, electronic devices, after-market motor sport parts, and tooling plates. Its automotive extrusions include extruded aluminum products for bumpers and anti-lock braking systems, structural components, and drawn tube for drive shafts in automobile industry. The company also offers extruded, drawn, and cast billet aluminum products for industrial end uses, including consumer durables, electrical/electronic device, machinery and equipment, light truck, heavy truck, and truck trailer applications. The company sells its products directly to customers through sales personnel located in the United States, Canada, Europe, and China, as well as through independent sales agents in Asia, Mexico, and the Middle East. It serves aerospace companies, automotive suppliers, and metal distributors. Kaiser Aluminum Corporation was founded in 1946 and is headquartered in Foothill Ranch, California.

2,650 Employees
Last Reported Date: 02/18/14
Founded in 1946

kaiser aluminum corp (KALU) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $849.8K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $409.0K
Executive Vice President of Fabricated Produc...
Total Annual Compensation: $376.3K
Executive Vice President - Legal, Compliance ...
Total Annual Compensation: $383.5K
Compensation as of Fiscal Year 2013.

kaiser aluminum corp (KALU) Key Developments

Kaiser Aluminum Corporation Announces Appointment of L. Patrick Hassey to its Board of Directors

Kaiser Aluminum Corporation announced that its board of directors authorized an increase in the number of authorized members from 10 to 11 through the company's 2015 annual meeting of stockholders and has appointed L. Patrick Hassey to its board of directors. Mr. Hassey served as Chief Executive Officer and Chairman of Allegheny Technologies Incorporated, until he retired in May 2011.

Kaiser Aluminum Mulls Acquisitions

Kaiser Aluminum Corporation (NasdaqGS:KALU) is looking for acquisitions. Jack Hockema, Chief Executive Officer of Kaiser Aluminum said, "We certainly continue to look for complimentary acquisitions, but we have a very fine screen".

Kaiser Aluminum Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Financial Guidance for 2014

Kaiser Aluminum Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported operating income of $46.4 million, income before income taxes of $39.0 million and net income of $24.5 million or $1.33 per diluted share on net sales of $344.1 million compared to operating income of $40.1 million, income before income taxes of $30.3 million and net income of $18.6 million or $0.98 per diluted share on net sales of $328.9 million reported a year ago. Adjusted EBITDA was $46.2 million compared to $44.0 million reported a year ago. Driven by another record quarter of shipments for both heat treat plate and automotive extrusions, and improving manufacturing efficiency up 10% compared to the run rate of the prior 3 quarters. Adjusted net income was $19.3 million or $1.05 per diluted share compared to $17.2 million or $0.91 per diluted share reported a year ago. Adjusted operating income was $39 million compared to $37 million reported a year ago. For the six months, the company reported operating income of $78.5 million, income before income taxes of $64.2 million and net income of $40.3 million or $2.18 per diluted share on net sales of $679.2 million compared to operating income of $90.1 million, income before income taxes of $72.0 million and net income of $52.1 million or $2.70 per diluted share on net sales of $666.3 million reported a year ago. Adjusted EBITDA was $82.7 million compared to $92.0 million reported a year ago. Adjusted net income was $32.6 million or $1.76 per diluted share compared to $37.1 million or $1.93 per diluted share reported a year ago. Adjusted operating income was $68 million compared to $78 million reported a year ago. Adjusted consolidated operating income declined $10 million compared to the first half 2013, reflecting a $4.5 million customer payment recognized in 2013, $3 million of higher planned major maintenance expenses, $2 million of higher weather related energy costs, and $1 million of higher depreciation expense. Relative to the first half 2013, the impact from lower prices on heat treat plate was largely offset by higher volume and improved underlying costs. Capital investments were $30 million. EBITDA in the first half of 2014 was a decline of $9 million from the first half of 2013. This year-over-year decline was driven by several factors: The prior year period benefited from a $4.5 million aerospace customer contract payment. Additionally, planned major maintenance expense was $3 million higher in the first half of this year compared to last year. And as you may recall from last quarter's earnings call, incurred approximately $2 million of incremental weather-related energy costs in the first quarter, which also contributed to the lower EBITDA in the first half of this year. For the full year 2014, the company continues to expect results will be similar to 2012 and 2013. Total capital spending for the full year 2014 is anticipated to be in the range of $50 million to $60 million related to significant organic investments to support further growth in aerospace and automotive applications. Cash tax rate in the low single-digit percentages.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
KALU:US $76.22 USD -0.39

KALU Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AMAG Austria Metall AG €25.31 EUR 0.00
Kopin Corp $3.40 USD -0.09
Noranda Aluminum Holding Corp $4.52 USD +0.04
Shimadzu Corp ¥961.00 JPY +12.00
Vuzix Corp $3.00 USD -0.04
View Industry Companies
 

Industry Analysis

KALU

Industry Average

Valuation KALU Industry Range
Price/Earnings 15.5x
Price/Sales 1.0x
Price/Book 1.2x
Price/Cash Flow 11.2x
TEV/Sales 0.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact KAISER ALUMINUM CORP, please visit www.kaiseraluminum.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.