Kronos Worldwide (KRO) Expected to Announce Quarterly Earnings on Wednesday

Kronos Worldwide (NYSE:KROGet Free Report) is anticipated to announce its earnings results before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $494.19 million for the quarter.

Kronos Worldwide Trading Down 3.5 %

Shares of KRO opened at $8.45 on Tuesday. The firm has a market cap of $971.48 million, a price-to-earnings ratio of 10.43 and a beta of 1.14. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.30 and a current ratio of 2.68. Kronos Worldwide has a fifty-two week low of $8.41 and a fifty-two week high of $14.50. The firm has a 50 day moving average price of $9.37 and a 200-day moving average price of $10.67.

Kronos Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Tuesday, March 11th will be issued a $0.05 dividend. The ex-dividend date is Tuesday, March 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.37%. Kronos Worldwide’s payout ratio is 24.69%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Kronos Worldwide from a “strong-buy” rating to a “buy” rating in a report on Tuesday, January 28th. Two research analysts have rated the stock with a sell rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.00.

Get Our Latest Stock Analysis on KRO

About Kronos Worldwide

(Get Free Report)

Kronos Worldwide, Inc produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics.

See Also

Earnings History for Kronos Worldwide (NYSE:KRO)

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