Koppers (KOP) to Release Quarterly Earnings on Thursday

Koppers (NYSE:KOP) is expected to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.95 per share and revenue of $497.00 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Koppers Stock Performance

KOP stock opened at $30.80 on Tuesday. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.54 and a quick ratio of 1.13. The business has a 50-day moving average price of $30.94 and a 200 day moving average price of $34.75. The company has a market capitalization of $624.33 million, a P/E ratio of 8.75 and a beta of 1.83. Koppers has a 1-year low of $28.57 and a 1-year high of $58.23.

Koppers Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Friday, March 7th. This is a positive change from Koppers’s previous quarterly dividend of $0.07. Koppers’s payout ratio is 9.09%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on KOP. StockNews.com upgraded Koppers from a “sell” rating to a “hold” rating in a research note on Monday, November 11th. Barrington Research reiterated an “outperform” rating and issued a $64.00 target price on shares of Koppers in a research note on Monday.

About Koppers

Koppers Holdings Inc provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally. The company operates through Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC) segments.