Century Aluminum (NASDAQ:CENX) Issues Quarterly Earnings Results

Century Aluminum (NASDAQ:CENX) announced its earnings results on Thursday. The industrial products company reported $1.25 EPS for the quarter, hitting analysts’ consensus estimates of $1.25, FiscalAI reports. Century Aluminum had a net margin of 1.65% and a return on equity of 6.05%. The business had revenue of $633.70 million during the quarter, compared to the consensus estimate of $661.63 million. During the same period in the previous year, the company posted $0.49 earnings per share. The firm’s revenue was up .4% on a year-over-year basis.

Here are the key takeaways from Century Aluminum’s conference call:

• Century formed a 60/40 joint venture with EGA to build the first new U.S. smelter in nearly 50 years, secured a $500M DOE grant, hired Bechtel for next‑stage engineering, and increased the planned capacity to 750,000 metric tons with an expected FID and groundbreaking by year‑end.
• Century completed the sale of the Hawesville site for $200M and retained a non‑dilutive 6.8% stake in the TeraWulf AI data center (with a one‑year put right), receiving cash now while preserving upside without funding obligations.
• Operational recoveries are ahead of prior timing — Grundartangi’s Line 2 is expected to restart with repaired transformers at the end of April and return to near‑full production by end of July, Jamalco’s TG4 turbine is on track for April commissioning to cut energy costs, and insurance reimbursements for the Iceland outage have begun.
• Financials show improving momentum — Q4 adjusted EBITDA was $171M, Q1 guidance is $215–235M and FY‑2026 shipments are expected at ~630k tons with CapEx of $115–125M — while the company retains $134M cash (plus $200M Hawesville proceeds) and net debt of $421M, and near‑term headwinds include a short energy price spike and timing of insurance/tax receipts.

Century Aluminum Trading Up 0.3%

Century Aluminum stock opened at $52.64 on Friday. The stock has a 50-day moving average price of $44.83 and a 200 day moving average price of $33.41. The company has a market capitalization of $4.91 billion, a price-to-earnings ratio of 131.60 and a beta of 2.24. Century Aluminum has a 52 week low of $13.05 and a 52 week high of $55.61. The company has a quick ratio of 0.79, a current ratio of 1.71 and a debt-to-equity ratio of 0.69.

Insiders Place Their Bets

In other Century Aluminum news, CEO Jesse E. Gary sold 150,000 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $48.19, for a total transaction of $7,228,500.00. Following the completion of the transaction, the chief executive officer directly owned 292,580 shares of the company’s stock, valued at approximately $14,099,430.20. This trade represents a 33.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.76% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Beartown Capital Management LLC purchased a new stake in Century Aluminum in the fourth quarter valued at $1,959,000. Summit Global Investments acquired a new position in shares of Century Aluminum in the 4th quarter valued at about $299,000. State of Tennessee Department of Treasury boosted its stake in shares of Century Aluminum by 48.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 18,772 shares of the industrial products company’s stock worth $735,000 after buying an additional 6,152 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Century Aluminum in the fourth quarter worth about $227,000. Finally, Empowered Funds LLC acquired a new stake in Century Aluminum during the fourth quarter worth about $1,628,000. Hedge funds and other institutional investors own 61.59% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on CENX shares. B. Riley Financial increased their target price on shares of Century Aluminum from $37.00 to $64.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. Zacks Research raised Century Aluminum from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Wall Street Zen raised Century Aluminum from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings restated a “hold (c)” rating on shares of Century Aluminum in a research note on Wednesday, January 21st. Finally, BMO Capital Markets increased their price target on Century Aluminum from $30.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Century Aluminum has an average rating of “Buy” and a consensus price target of $53.00.

Trending Headlines about Century Aluminum

Here are the key news stories impacting Century Aluminum this week:

• Positive Sentiment: Company statement backing the Supreme Court IEEPA ruling and U.S. trade policies; Century says Section 232 tariffs helped justify near‑term production increases (~10% at Mt. Holly) and supports plans to build a new smelter in Inola, OK (large capex and job creation — long‑term production upside). Century Aluminum Company Statement on U.S. Supreme Court IEEPA Ruling
• Positive Sentiment: Analyst support and institutional interest: recent buy/overweight ratings and price targets (median ~$61) plus large Q4 additions by some institutions support upside expectations. QuiverQuant institutional & analyst notes
• Positive Sentiment: Sector tailwinds and improving cash flow commentary from analysts — industrials momentum and calls to favor names with rising cash flows include CENX as resilient versus headline earnings. Zacks: rising cash flows
• Neutral Sentiment: Q4 result details are mixed across reports: revenue of ~$633.7M (up 0.4% YoY) but below some estimates; different outlets report varying EPS metrics (some adjusted measures met estimates while other GAAP figures were far weaker), making near‑term guidance clarity important. Yahoo: Q4 earnings snapshot
• Negative Sentiment: Market reaction to Q4: several outlets show a revenue miss and sharply weaker net income/GAAP EPS in the quarter, which pressured the stock after the release. QuiverQuant: Stock falls on Q4 earnings
• Negative Sentiment: Recent insider selling is notable (including large sales reported over the past six months), which can weigh on near‑term sentiment even as institutions adjust positions. QuiverQuant: press release & insider activity
• Neutral Sentiment: Data oddities: a short‑interest entry shows anomalous/zero values — treat as unreliable until confirmed. QuiverQuant: short interest note

About Century Aluminum

Century Aluminum Company is a primary aluminum producer that develops and operates smelters designed to supply low-carbon, high-purity aluminum products to a range of industrial and commercial markets. Established in 1995, the company has grown to become a significant North American aluminum producer with an expanding international footprint. Century Aluminum is headquartered in the United States and is focused on energy-efficient operations and cost management.

The company’s core operations include three primary aluminum smelting facilities located in Hawesville, Kentucky; Mount Holly, South Carolina; and Grundartangi, Iceland.