Haynes International Inc. (NASDAQ:hayn) declared a quarterly dividend on Friday, November 18th. Investors of record on Thursday, December 1st will be paid a dividend of 0.22 per share on Thursday, December 15th. This represents a $0.88 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend is Tuesday, November 29th.

Haynes International (NASDAQ:HAYN) opened at 40.43 on Monday. Haynes International has a 12 month low of $25.53 and a 12 month high of $43.22. The company’s 50-day moving average is $35.70 and its 200-day moving average is $34.81. The stock has a market capitalization of $500.12 million, a PE ratio of 65.95 and a beta of 1.53.

Haynes International (NASDAQ:HAYN) last released its quarterly earnings results on Thursday, November 17th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.28 by $0.03. The business had revenue of $107.50 million for the quarter. Haynes International had a net margin of 1.24% and a return on equity of 0.60%. The firm’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 earnings per share. Equities research analysts forecast that Haynes International will post $1.86 EPS for the current year.

Dividend History for Haynes International (NASDAQ:hayn)

HAYN has been the topic of a number of analyst reports. JPMorgan Chase & Co. cut shares of Haynes International from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $47.00 to $39.00 in a research report on Wednesday, November 16th. Zacks Investment Research cut shares of Haynes International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 5th. Finally, Rosenblatt Securities cut shares of Haynes International from a “buy” rating to a “neutral” rating and set a $39.00 price objective on the stock. in a research report on Monday, August 29th.

A number of hedge funds and other institutional investors have recently bought and sold shares of HAYN. Vanguard Group Inc. boosted its position in Haynes International by 1.8% in the second quarter. Vanguard Group Inc. now owns 996,072 shares of the company’s stock worth $31,954,000 after buying an additional 17,835 shares during the last quarter. BlackRock Investment Management LLC boosted its position in Haynes International by 7.9% in the second quarter. BlackRock Investment Management LLC now owns 79,608 shares of the company’s stock worth $2,554,000 after buying an additional 5,800 shares during the last quarter. BlackRock Fund Advisors boosted its position in Haynes International by 4.5% in the second quarter. BlackRock Fund Advisors now owns 844,209 shares of the company’s stock worth $27,082,000 after buying an additional 36,031 shares during the last quarter. BlackRock Group LTD boosted its position in Haynes International by 6.8% in the second quarter. BlackRock Group LTD now owns 80,169 shares of the company’s stock worth $2,572,000 after buying an additional 5,118 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its position in Haynes International by 9.5% in the second quarter. Alliancebernstein L.P. now owns 10,374 shares of the company’s stock worth $333,000 after buying an additional 900 shares during the last quarter. Institutional investors and hedge funds own 98.26% of the company’s stock.

About Haynes International

Haynes International, Inc produces nickel- and cobalt-based alloys in flat product forms, such as sheet, coil and plate forms. The Company operates through the segment of design, manufacture, marketing and distribution of technologically advanced, high-performance alloys for use in the aerospace, land-based gas turbine, chemical processing and other industries.

5 Day Chart for NASDAQ:HAYN

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