Q1 Earnings Estimate for Century Aluminum Issued By B. Riley

Century Aluminum (NASDAQ:CENX) – Stock analysts at B. Riley cut their Q1 2025 earnings per share estimates for shares of Century Aluminum in a research report issued to clients and investors on Tuesday, April 29th. B. Riley analyst N. Giles now forecasts that the industrial products company will post earnings of $0.53 per share for the quarter, down from their prior estimate of $0.77. The consensus estimate for Century Aluminum’s current full-year earnings is $2.76 per share. B. Riley also issued estimates for Century Aluminum’s Q2 2025 earnings at $0.97 EPS, FY2025 earnings at $3.36 EPS, FY2026 earnings at $3.31 EPS and FY2027 earnings at $3.48 EPS.

A number of other research firms also recently weighed in on CENX. StockNews.com downgraded Century Aluminum from a “hold” rating to a “sell” rating in a research report on Monday, March 24th. BMO Capital Markets upgraded Century Aluminum from a “market perform” rating to an “outperform” rating and set a $22.00 price objective for the company in a report on Monday, February 24th.

Century Aluminum Trading Up 2.4 %

Shares of NASDAQ:CENX opened at $16.80 on Friday. Century Aluminum has a twelve month low of $11.40 and a twelve month high of $25.39. The company has a current ratio of 1.71, a quick ratio of 0.56 and a debt-to-equity ratio of 0.71. The firm has a market cap of $1.55 billion, a P/E ratio of 5.32 and a beta of 2.56. The company has a 50 day moving average of $17.54 and a 200-day moving average of $19.11.

Century Aluminum (NASDAQ:CENX) last posted its quarterly earnings data on Thursday, February 20th. The industrial products company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.05. The business had revenue of $631.00 million during the quarter, compared to the consensus estimate of $515.27 million. Century Aluminum had a net margin of 14.69% and a return on equity of 13.38%. During the same quarter in the prior year, the company posted $0.39 earnings per share.

Institutional Investors Weigh In On Century Aluminum

Several large investors have recently modified their holdings of CENX. Glencore plc acquired a new stake in Century Aluminum during the 4th quarter worth about $729,427,000. Pertento Partners LLP acquired a new position in shares of Century Aluminum in the fourth quarter worth about $7,678,000. Arrowstreet Capital Limited Partnership increased its position in shares of Century Aluminum by 348.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 496,970 shares of the industrial products company’s stock worth $9,055,000 after acquiring an additional 386,133 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Century Aluminum by 333.7% during the fourth quarter. Millennium Management LLC now owns 457,728 shares of the industrial products company’s stock valued at $8,340,000 after acquiring an additional 352,186 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Century Aluminum by 49.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 959,033 shares of the industrial products company’s stock valued at $15,565,000 after acquiring an additional 319,164 shares in the last quarter. 61.59% of the stock is owned by institutional investors.

Insider Activity at Century Aluminum

In other Century Aluminum news, CAO Robert F. Hoffman sold 2,500 shares of Century Aluminum stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $19.99, for a total value of $49,975.00. Following the transaction, the chief accounting officer now owns 64,083 shares in the company, valued at approximately $1,281,019.17. The trade was a 3.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.68% of the company’s stock.

Century Aluminum Company Profile

Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.