Q1 Earnings Estimate for Century Aluminum Issued By B. Riley

Century Aluminum (NASDAQ:CENX) – Analysts at B. Riley boosted their Q1 2025 earnings per share estimates for shares of Century Aluminum in a research report issued to clients and investors on Tuesday, April 8th. B. Riley analyst N. Giles now forecasts that the industrial products company will post earnings per share of $0.77 for the quarter, up from their previous estimate of $0.73. 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 $1.05 EPS, Q3 2025 earnings at $0.94 EPS, Q4 2025 earnings at $1.05 EPS and FY2025 earnings at $3.80 EPS.

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

Several other equities research analysts also recently issued reports on CENX. BMO Capital Markets raised shares of Century Aluminum from a “market perform” rating to an “outperform” rating and set a $22.00 price objective for the company in a research report on Monday, February 24th. StockNews.com cut Century Aluminum from a “hold” rating to a “sell” rating in a report on Monday, March 24th.

Century Aluminum Price Performance

NASDAQ CENX opened at $15.94 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.56 and a current ratio of 1.71. Century Aluminum has a 52-week low of $11.40 and a 52-week high of $25.39. The business has a 50 day simple moving average of $18.72 and a 200 day simple moving average of $19.13. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 5.04 and a beta of 2.56.

Insiders Place Their Bets

In other Century Aluminum news, CAO Robert F. Hoffman sold 2,500 shares of the business’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $19.99, for a total transaction of $49,975.00. Following the sale, the chief accounting officer now directly owns 64,083 shares of the company’s stock, valued at $1,281,019.17. The trade was a 3.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.68% of the company’s stock.

Institutional Trading of Century Aluminum

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Glencore plc acquired a new position in Century Aluminum during the fourth quarter valued at approximately $729,427,000. Pertento Partners LLP bought a new stake in shares of Century Aluminum during the 4th quarter worth approximately $7,678,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Century Aluminum by 348.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 496,970 shares of the industrial products company’s stock valued at $9,055,000 after buying an additional 386,133 shares during the last quarter. Millennium Management LLC grew its stake in shares of Century Aluminum by 333.7% in the fourth quarter. Millennium Management LLC now owns 457,728 shares of the industrial products company’s stock valued at $8,340,000 after buying an additional 352,186 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Century Aluminum by 49.9% in the third quarter. JPMorgan Chase & Co. now owns 959,033 shares of the industrial products company’s stock valued at $15,565,000 after buying an additional 319,164 shares in the last quarter. Institutional investors and hedge funds own 61.59% of the company’s stock.

About Century Aluminum

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.