Powell Industries (POWL) Stock Price, News & Analysis

Powell Industries' stock was trading at $88.40 at the beginning of 2024. Since then, POWL shares have increased by 43.1% and is now trading at $126.51.
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Powell Industries saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,160,000 shares, an increase of 36.4% from the March 15th total of 850,200 shares. Based on an average daily trading volume, of 340,800 shares, the days-to-cover ratio is presently 3.4 days. Currently, 12.5% of the shares of the company are sold short.
View Powell Industries' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our POWL earnings forecast.

Powell Industries, Inc. (NASDAQ:POWL) released its quarterly earnings data on Tuesday, January, 30th. The industrial products company reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.98. The industrial products company earned $194 million during the quarter, compared to analyst estimates of $182.04 million. Powell Industries had a net margin of 10.10% and a trailing twelve-month return on equity of 22.30%. The company's revenue was up 53.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.10 earnings per share.

Powell Industries declared a quarterly dividend on Tuesday, January 30th. Investors of record on Wednesday, February 14th will be paid a dividend of $0.262 per share on Wednesday, March 13th. This represents a $1.05 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Tuesday, February 13th.
Read our dividend analysis for POWL.

Powell Industries (NASDAQ:POWL) pays an annual dividend of $1.06 per share and currently has a dividend yield of 0.84%. The dividend payout ratio is 16.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, POWL will have a dividend payout ratio of 13.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for POWL.

ETFs with the largest weight of Powell Industries (NASDAQ:POWL) stock in their portfolio include Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), First Trust RBA American Industrial RenaissanceTM ETF (AIRR), Profound Medical (PRN), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Pacer US Small Cap Cash Cows 100 ETF (CALF) and Invesco Dorsey Wright SmallCap Momentum ETF (DWAS).iShares Micro-Cap ETF (IWC).

27 employees have rated Powell Industries Chief Executive Officer Brett Cope on Glassdoor.com. Brett Cope has an approval rating of 73% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Powell Industries investors own include Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), AT&T (T), Exxon Mobil (XOM), Albemarle (ALB), Comerica (CMA), General Electric (GE), Gilead Sciences (GILD) and Honda Motor (HMC).

Powell Industries' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Range Financial Group LLC (0.12%) and Los Angeles Capital Management LLC (0.08%). Insiders that own company stock include Brett Alan Cope, Christopher E Cragg, John David White, Milburn E Honeycutt and Thomas W Powell.
View institutional ownership trends.

Shares of POWL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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