Century Aluminum (NASDAQ:CENX) Issues Quarterly Earnings Results

Century Aluminum (NASDAQ:CENX) issued its earnings results on Thursday. The industrial products company reported $1.25 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.04), FiscalAI reports. Century Aluminum had a return on equity of 12.83% and a net margin of 3.47%.The business had revenue of $633.70 million for the quarter, compared to the consensus estimate of $661.63 million. During the same quarter in the prior year, the business earned $0.49 EPS. Century Aluminum’s revenue for the quarter was up .4% compared to the same quarter last year.

Here are the key takeaways from Century Aluminum’s conference call:

• Century formed a 60/40 joint venture with EGA to build the first new U.S. smelter in nearly 50 years, secured a $500M DOE grant, hired Bechtel for next‑stage engineering, and increased the planned capacity to 750,000 metric tons with an expected FID and groundbreaking by year‑end.
• Century completed the sale of the Hawesville site for $200M and retained a non‑dilutive 6.8% stake in the TeraWulf AI data center (with a one‑year put right), receiving cash now while preserving upside without funding obligations.
• Operational recoveries are ahead of prior timing — Grundartangi’s Line 2 is expected to restart with repaired transformers at the end of April and return to near‑full production by end of July, Jamalco’s TG4 turbine is on track for April commissioning to cut energy costs, and insurance reimbursements for the Iceland outage have begun.
• Financials show improving momentum — Q4 adjusted EBITDA was $171M, Q1 guidance is $215–235M and FY‑2026 shipments are expected at ~630k tons with CapEx of $115–125M — while the company retains $134M cash (plus $200M Hawesville proceeds) and net debt of $421M, and near‑term headwinds include a short energy price spike and timing of insurance/tax receipts.

Century Aluminum Price Performance

Century Aluminum stock traded up $2.28 during mid-day trading on Thursday, hitting $52.50. 3,850,573 shares of the company traded hands, compared to its average volume of 2,321,087. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.79 and a current ratio of 1.71. Century Aluminum has a one year low of $13.05 and a one year high of $55.59. The stock has a market cap of $4.90 billion, a price-to-earnings ratio of 61.76 and a beta of 2.24. The stock has a fifty day moving average price of $44.00 and a 200-day moving average price of $33.05.

Insider Activity at Century Aluminum

In other news, CEO Jesse E. Gary sold 150,000 shares of the firm’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $48.19, for a total transaction of $7,228,500.00. Following the sale, the chief executive officer owned 292,580 shares in the company, valued at approximately $14,099,430.20. This trade represents a 33.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.76% of the stock is owned by insiders.

Institutional Trading of Century Aluminum

Several hedge funds have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp purchased a new position in shares of Century Aluminum in the first quarter worth about $25,000. EverSource Wealth Advisors LLC grew its position in Century Aluminum by 253.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,822 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 1,306 shares during the last quarter. Advisory Services Network LLC purchased a new position in Century Aluminum in the 3rd quarter worth approximately $34,000. Transamerica Financial Advisors LLC bought a new stake in Century Aluminum in the fourth quarter valued at approximately $40,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Century Aluminum by 48.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,185 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 386 shares during the period. 61.59% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on CENX shares. B. Riley Financial increased their target price on Century Aluminum from $37.00 to $64.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. BMO Capital Markets increased their price objective on Century Aluminum from $30.00 to $34.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Zacks Research raised Century Aluminum from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Century Aluminum in a report on Wednesday, January 21st. Finally, Wells Fargo & Company raised their price objective on shares of Century Aluminum from $46.00 to $61.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $53.00.

Century Aluminum Company Profile

Century Aluminum Company is a primary aluminum producer that develops and operates smelters designed to supply low-carbon, high-purity aluminum products to a range of industrial and commercial markets. Established in 1995, the company has grown to become a significant North American aluminum producer with an expanding international footprint. Century Aluminum is headquartered in the United States and is focused on energy-efficient operations and cost management.

The company’s core operations include three primary aluminum smelting facilities located in Hawesville, Kentucky; Mount Holly, South Carolina; and Grundartangi, Iceland.