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'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Alcoa (AA) Stock Price, News & Analysis

$35.48
-0.07 (-0.20%)
(As of 04/18/2024 ET)
Today's Range
$33.84
$36.40
50-Day Range
$25.34
$37.18
52-Week Range
$23.07
$42.23
Volume
11.61 million shs
Average Volume
6.44 million shs
Market Capitalization
$6.37 billion
P/E Ratio
N/A
Dividend Yield
1.13%
Price Target
$32.71

Alcoa MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.8% Downside
$32.71 Price Target
Short Interest
Bearish
8.10% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.01
Upright™ Environmental Score
News Sentiment
0.03mentions of Alcoa in the last 14 days
Based on 40 Articles This Week
Insider Trading
Selling Shares
$814,685 Sold Last Quarter
Proj. Earnings Growth
472.73%
From $0.33 to $1.89 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.51 out of 5 stars

Industrial Products Sector

138th out of 163 stocks

Primary Aluminum Industry

1st out of 2 stocks

AA stock logo

About Alcoa Stock (NYSE:AA)

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ingot to customers that produce products for the transportation, building and construction, packaging, wire, and other industrial markets; and flat-rolled aluminum in the form of sheet, which is sold primarily to customers that produce beverage and food cans. In addition, it owns hydro power plants that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1886 and is headquartered in Pittsburgh, Pennsylvania.

AA Stock Price History

AA Stock News Headlines

3 Steel Stocks Could Soar on New China Tariffs
A new business cycle is underway for the United States economy, and the manufacturing sector could be in play. This time, it isn't only Wall Street pushing the bets forward but also the current administration's attempt to onshore some global steel and aluminum manufacturing jobs.
3 Steel Stocks Could Soar on New China Tariffs (AA)
As the U.S. looks to return to China tariffs, the domestic steel and aluminum manufacturing industry could push these three stocks to soar.
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Alcoa: Q1 Earnings Snapshot
Alcoa Corp. Q1 Loss Increases, misses estimates
Las Vegas Sands, Alcoa: After-hours movers
Alcoa Corporation Reports First Quarter 2024 Results
See More Headlines
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Company Calendar

Ex-Dividend for 3/21 Dividend
3/04/2024
Dividend Payable
3/21/2024
Last Earnings
4/17/2024
Today
4/18/2024
Next Earnings (Estimated)
7/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Primary aluminum
Sub-Industry
Aluminum
CUSIP
01381710
Fax
N/A
Employees
13,600
Year Founded
1888

Price Target and Rating

Average Stock Price Target
$32.21
High Stock Price Target
$48.00
Low Stock Price Target
$25.00
Potential Upside/Downside
-13.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
13 Analysts

Profitability

Net Income
$-651,000,000.00
Pretax Margin
-5.53%

Debt

Sales & Book Value

Annual Sales
$10.55 billion
Cash Flow
$1.25 per share
Book Value
$32.75 per share

Miscellaneous

Free Float
N/A
Market Cap
$6.39 billion
Optionable
Optionable
Beta
2.47

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AA Stock Analysis - Frequently Asked Questions

Should I buy or sell Alcoa stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alcoa in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AA, but not buy additional shares or sell existing shares.
View AA analyst ratings
or view top-rated stocks.

What is Alcoa's stock price target for 2024?

13 brokers have issued 1 year price objectives for Alcoa's shares. Their AA share price targets range from $25.00 to $48.00. On average, they predict the company's share price to reach $32.71 in the next twelve months. This suggests that the stock has a possible downside of 7.8%.
View analysts price targets for AA
or view top-rated stocks among Wall Street analysts.

How have AA shares performed in 2024?

Alcoa's stock was trading at $34.00 at the beginning of the year. Since then, AA shares have increased by 4.4% and is now trading at $35.48.
View the best growth stocks for 2024 here
.

Are investors shorting Alcoa?

Alcoa saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 14,370,000 shares, an increase of 9.0% from the March 15th total of 13,180,000 shares. Based on an average trading volume of 6,270,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 8.1% of the company's stock are sold short.
View Alcoa's Short Interest
.

When is Alcoa's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our AA earnings forecast
.

How were Alcoa's earnings last quarter?

Alcoa Co. (NYSE:AA) released its earnings results on Wednesday, April, 17th. The industrial products company reported ($0.81) earnings per share for the quarter, missing analysts' consensus estimates of ($0.62) by $0.19. The industrial products company earned $2.60 billion during the quarter, compared to analysts' expectations of $2.55 billion. Alcoa had a negative trailing twelve-month return on equity of 6.56% and a negative net margin of 6.17%. The firm's revenue was down 2.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.23) earnings per share.

How often does Alcoa pay dividends? What is the dividend yield for Alcoa?

Alcoa announced a quarterly dividend on Thursday, February 22nd. Stockholders of record on Tuesday, March 5th will be given a dividend of $0.10 per share on Thursday, March 21st. This represents a $0.40 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Monday, March 4th.
Read our dividend analysis for AA
.

Is Alcoa a good dividend stock?

Alcoa (NYSE:AA) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.11%.
Read our dividend analysis for AA.

What other stocks do shareholders of Alcoa own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alcoa investors own include Bank of America (BAC), General Electric (GE), Micron Technology (MU), Ford Motor (F), Intel (INTC), Advanced Micro Devices (AMD), Alibaba Group (BABA), Citigroup (C), NVIDIA (NVDA) and AT&T (T).

Who are Alcoa's major shareholders?

Alcoa's stock is owned by many different retail and institutional investors. Top institutional investors include ARGA Investment Management LP (0.83%), Douglas Lane & Associates LLC (0.75%), Allspring Global Investments Holdings LLC (0.01%), Confluence Investment Management LLC (0.01%), Emprise Bank (0.01%) and Diversified Trust Co (0.00%). Insiders that own company stock include Benjamin D Kahrs, Harden Sonya Elam, Jeffrey D Heeter, John D Slaven, Molly S Beerman, Roy Christopher Harvey, Tammi A Jones, Timothy D Reyes and William F Oplinger.
View institutional ownership trends
.

How do I buy shares of Alcoa?

Shares of AA 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.
Compare Top Brokerages Here.

Does Alcoa have any subsidiaries?
The following companies are subsidiares of Alcoa: Alcan, Alcoa Alumínio S.A., Alcoa Australian Holdings Pty Ltd, Alcoa Nederland Holding B.V., Alcoa USA Corp, Alcoa USA Holding Company, Alcoa of Australia Limited, Alumax, Aluminerie Lauralco S.À.R.L., Baco Consumer Products, Cordant, Firth Rixson, Howmet Corp., MCG Closures, Noyes Fiber Systems, Orkla, RTI International Metals Inc., Southern Plastics, TITAL, and Traco.
Read More
This page (NYSE:AA) was last updated on 4/18/2024 by MarketBeat.com Staff

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