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

Howmet Aerospace (NYSE:HWM) released its quarterly earnings results on Thursday. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03, Zacks reports. Howmet Aerospace had a net margin of 14.81% and a return on equity of 24.50%. 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 Price Performance

Shares of HWM stock traded down $2.75 on Thursday, reaching $125.34. 2,140,328 shares of the company were exchanged, compared to its average volume of 2,543,021. 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 has a 1 year low of $62.38 and a 1 year high of $129.95. The company has a market cap of $50.92 billion, a price-to-earnings ratio of 47.81, a P/E/G ratio of 1.45 and a beta of 1.50. The business has a 50-day moving average price of $118.59 and a 200 day moving average price of $107.60.

Howmet Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Friday, February 7th will be issued a $0.10 dividend. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.08. The ex-dividend date is Friday, February 7th. This represents a $0.40 dividend on an annualized basis and a yield of 0.32%. Howmet Aerospace’s dividend payout ratio is presently 12.21%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Truist Financial boosted their price objective on Howmet Aerospace from $128.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Susquehanna raised their price objective on shares of Howmet Aerospace from $120.00 to $132.00 and gave the company a “positive” rating in a research note on Thursday, November 7th. UBS Group upped their price objective on Howmet Aerospace from $103.00 to $120.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Sanford C. Bernstein lifted their price objective on shares of Howmet Aerospace from $113.00 to $127.00 and gave the company an “outperform” rating in a research report on Monday, October 21st. Finally, Royal Bank of Canada boosted their price target on shares of Howmet Aerospace from $105.00 to $135.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.71.

Howmet Aerospace Company Profile

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.