Alcoa (AA) Projected to Post Quarterly Earnings on Wednesday

Alcoa (NYSE:AA - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 16th. Analysts expect the company to announce earnings of $0.87 per share and revenue of $2.96 billion for the quarter.

Alcoa (NYSE:AA - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The industrial products company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.42. Alcoa had a net margin of 6.79% and a return on equity of 18.56%. The company had revenue of $3.37 billion for the quarter, compared to the consensus estimate of $3.58 billion. On average, analysts expect Alcoa to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Alcoa Stock Performance

Shares of NYSE:AA traded down $0.45 on Friday, reaching $31.12. The company's stock had a trading volume of 3,776,365 shares, compared to its average volume of 5,677,843. Alcoa has a 52-week low of $21.53 and a 52-week high of $47.77. The stock has a market capitalization of $8.06 billion, a P/E ratio of 9.37, a PEG ratio of 0.19 and a beta of 2.25. The stock's 50-day moving average is $28.41 and its two-hundred day moving average is $31.22. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.71 and a quick ratio of 1.00.

Alcoa Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Tuesday, May 20th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Tuesday, May 20th. Alcoa's dividend payout ratio is presently 12.05%.

Hedge Funds Weigh In On Alcoa

A hedge fund recently raised its stake in Alcoa stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Alcoa (NYSE:AA - Free Report) by 0.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 646,609 shares of the industrial products company's stock after acquiring an additional 4,624 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.25% of Alcoa worth $19,722,000 at the end of the most recent quarter. 82.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Wall Street Zen cut shares of Alcoa from a "buy" rating to a "hold" rating in a research note on Sunday, June 22nd. Bank of America reiterated an "underperform" rating and set a $26.00 price target (down from $58.00) on shares of Alcoa in a research note on Tuesday, April 8th. JPMorgan Chase & Co. raised their price objective on shares of Alcoa from $25.00 to $28.00 and gave the company a "neutral" rating in a research report on Wednesday, June 18th. B. Riley reiterated a "buy" rating and set a $38.00 target price (down previously from $43.00) on shares of Alcoa in a research report on Tuesday, June 24th. Finally, Barclays increased their target price on Alcoa to $31.00 and gave the stock a "hold" rating in a research note on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $42.31.

About Alcoa

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.