Kronos Worldwide Inc (KRO) Scheduled to Post Earnings on Monday
Kronos Worldwide Inc (NYSE:KRO) is scheduled to post its quarterly earnings results after the market closes on Monday, November 6th. Analysts expect Kronos Worldwide to post earnings of $0.43 per share for the quarter.
Shares of Kronos Worldwide Inc (NYSE KRO) traded up 1.50% during mid-day trading on Tuesday, reaching $26.31. The company’s stock had a trading volume of 410,034 shares. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 10.94 and a beta of 2.17. Kronos Worldwide Inc has a 12 month low of $7.27 and a 12 month high of $27.20. The company’s 50-day moving average is $24.05 and its 200 day moving average is $20.29.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, December 6th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date is Tuesday, December 5th. Kronos Worldwide’s payout ratio is 24.90%.
KRO has been the topic of a number of analyst reports. BidaskClub cut shares of Kronos Worldwide from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. Zacks Investment Research cut shares of Kronos Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 12th. ValuEngine upgraded shares of Kronos Worldwide from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. SunTrust Banks, Inc. boosted their price objective on shares of Kronos Worldwide from $21.00 to $24.00 and gave the company a “hold” rating in a research report on Wednesday, October 11th. Finally, Barclays PLC boosted their price objective on shares of Kronos Worldwide from $15.00 to $17.00 and gave the company an “underweight” rating in a research report on Thursday, August 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $21.67.
About Kronos Worldwide
Kronos Worldwide, Inc (Kronos) is a producer and marketer of titanium dioxide (TiO2) pigments, a base industrial product that is used in a range of applications. The Company, along with its distributors and agents, sells and provides technical services for its products with sales in Europe and North America.
Receive News & Ratings for Kronos Worldwide Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kronos Worldwide Inc and related companies with MarketBeat.com's FREE daily email newsletter.