Howmet Aerospace (NYSE:HWM) Announces Earnings Results, Beats Estimates By $0.03 EPS

Howmet Aerospace (NYSE:HWM) posted its quarterly earnings results on Thursday. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.03, Zacks reports. Howmet Aerospace had a return on equity of 24.50% and a net margin of 14.81%. Howmet Aerospace updated its FY 2025 guidance to 3.130-3.210 EPS and its Q1 2025 guidance to 0.750-0.770 EPS.

Howmet Aerospace Stock Performance

NYSE HWM opened at $133.66 on Friday. The firm’s fifty day moving average price is $118.75 and its two-hundred day moving average price is $107.74. The stock has a market cap of $54.30 billion, a PE ratio of 51.02, a PEG ratio of 1.45 and a beta of 1.50. Howmet Aerospace has a fifty-two week low of $62.70 and a fifty-two week high of $133.92. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.98 and a current ratio of 2.24.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date is Friday, February 7th. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.08. Howmet Aerospace’s payout ratio is presently 12.21%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Robert W. Baird lifted their price target on Howmet Aerospace from $113.00 to $144.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Truist Financial reiterated a “buy” rating and set a $140.00 price target (up previously from $130.00) on shares of Howmet Aerospace in a report on Friday. Wells Fargo & Company raised their price objective on shares of Howmet Aerospace from $129.00 to $132.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Bank of America raised their price objective on shares of Howmet Aerospace from $100.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Finally, Sanford C. Bernstein raised their price objective on shares of Howmet Aerospace from $113.00 to $127.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $117.76.

About Howmet Aerospace

Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.