Century Aluminum (NASDAQ:CENX) Releases Earnings Results, Misses Estimates By $0.04 EPS

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

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

NASDAQ CENX traded up $2.28 on Thursday, hitting $52.50. 3,850,573 shares of the company’s stock were exchanged, compared to its average volume of 2,403,753. The company has a current ratio of 1.71, a quick ratio of 0.79 and a debt-to-equity ratio of 0.69. Century Aluminum has a 52 week low of $13.05 and a 52 week 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 50-day moving average of $44.00 and a 200-day moving average of $33.05.

Insider Transactions at Century Aluminum

In related news, CEO Jesse E. Gary sold 150,000 shares of Century Aluminum stock in a transaction that occurred 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 directly owned 292,580 shares in the company, valued at $14,099,430.20. This trade represents a 33.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.76% of the stock is currently owned by corporate insiders.

Institutional Trading of Century Aluminum

A number of institutional investors have recently bought and sold shares of CENX. Sourcerock Group LLC grew its holdings in shares of Century Aluminum by 612.0% during the second quarter. Sourcerock Group LLC now owns 1,424,088 shares of the industrial products company’s stock valued at $25,662,000 after buying an additional 1,224,088 shares during the last quarter. Marshall Wace LLP acquired a new position in Century Aluminum during the 2nd quarter valued at about $9,399,000. Burkehill Global Management LP bought a new stake in Century Aluminum during the 4th quarter worth approximately $19,590,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Century Aluminum by 123.9% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 859,900 shares of the industrial products company’s stock worth $25,247,000 after purchasing an additional 475,904 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Century Aluminum by 13.2% in the second quarter. State Street Corp now owns 3,665,546 shares of the industrial products company’s stock valued at $66,053,000 after purchasing an additional 426,306 shares in the last quarter. Institutional investors own 61.59% of the company’s stock.

Analysts Set New Price Targets

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