Koppers (KOP) to Release Quarterly Earnings on Thursday

Koppers (NYSE:KOP) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Koppers to post earnings of $0.95 per share and revenue of $497.00 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Koppers Price Performance

Shares of NYSE KOP opened at $31.96 on Wednesday. Koppers has a 52 week low of $28.57 and a 52 week high of $58.23. The company has a quick ratio of 1.13, a current ratio of 2.54 and a debt-to-equity ratio of 1.83. The firm has a market cap of $647.80 million, a P/E ratio of 9.08 and a beta of 1.83. The business’s 50 day moving average price is $30.94 and its 200 day moving average price is $34.73.

Koppers Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be issued a $0.08 dividend. This is an increase from Koppers’s previous quarterly dividend of $0.07. This represents a $0.32 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Friday, March 7th. Koppers’s dividend payout ratio is 9.09%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on KOP shares. StockNews.com upgraded shares of Koppers from a “sell” rating to a “hold” rating in a research report on Monday, November 11th. Barrington Research reissued an “outperform” rating and issued a $64.00 price objective on shares of Koppers in a report on Monday.

Koppers Company Profile

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.