Free Trial
NASDAQ:ASTL

Algoma Steel Group (ASTL) Stock Price, News & Analysis

Algoma Steel Group logo
$7.01 +0.02 (+0.29%)
Closing price 07/8/2025 04:00 PM Eastern
Extended Trading
$7.12 +0.11 (+1.63%)
As of 08:30 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Algoma Steel Group Stock (NASDAQ:ASTL)

Key Stats

Today's Range
$6.99
$7.11
50-Day Range
$4.94
$7.11
52-Week Range
$4.17
$12.14
Volume
733,148 shs
Average Volume
816,255 shs
Market Capitalization
$735.56 million
P/E Ratio
N/A
Dividend Yield
2.85%
Price Target
N/A
Consensus Rating
Hold

Company Overview

Algoma Steel Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
19th Percentile Overall Score

ASTL MarketRank™: 

Algoma Steel Group scored higher than 19% of companies evaluated by MarketBeat, and ranked 165th out of 188 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Algoma Steel Group are expected to grow in the coming year, from ($0.63) to $0.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Algoma Steel Group is -4.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Algoma Steel Group is -4.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Algoma Steel Group has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Algoma Steel Group's valuation and earnings.
  • Percentage of Shares Shorted

    4.38% of the float of Algoma Steel Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Algoma Steel Group has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Algoma Steel Group has recently increased by 35.90%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Algoma Steel Group pays a meaningful dividend of 2.86%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Algoma Steel Group does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Algoma Steel Group will have a dividend payout ratio of 44.44% next year. This indicates that Algoma Steel Group will be able to sustain or increase its dividend.

  • Read more about Algoma Steel Group's dividend.
  • Percentage of Shares Shorted

    4.38% of the float of Algoma Steel Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Algoma Steel Group has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Algoma Steel Group has recently increased by 35.90%, indicating that investor sentiment is decreasing significantly.
  • Search Interest

    3 people have searched for ASTL on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Algoma Steel Group insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    72.00% of the stock of Algoma Steel Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Algoma Steel Group's insider trading history.
Receive ASTL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Algoma Steel Group and its competitors with MarketBeat's FREE daily newsletter.

ASTL Stock News Headlines

Elon’s BIGGEST warning yet?
Tesla's About to Prove Everyone Wrong... Again Back in 2018, when Jeff Brown told everyone to buy Tesla… The "experts" said Elon was finished and Tesla was headed for bankruptcy. Now they're saying the same thing, but Jeff has uncovered Tesla's next breakthrough.
Algoma Steel Releases 2024 Sustainability Report
See More Headlines

ASTL Stock Analysis - Frequently Asked Questions

Algoma Steel Group's stock was trading at $9.78 on January 1st, 2025. Since then, ASTL shares have decreased by 28.3% and is now trading at $7.01.

Algoma Steel Group Inc. (NASDAQ:ASTL) issued its quarterly earnings results on Tuesday, April, 29th. The company reported ($0.33) EPS for the quarter, beating analysts' consensus estimates of ($0.69) by $0.36. The company had revenue of $359.30 million for the quarter, compared to the consensus estimate of $327.56 million. Algoma Steel Group had a negative net margin of 8.15% and a negative trailing twelve-month return on equity of 12.98%.
Read the conference call transcript
.

Shares of ASTL 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Algoma Steel Group investors own include NVIDIA (NVDA), Broadcom (AVGO), StealthGas (GASS), Adobe (ADBE), Arista Networks (ANET), GE Aerospace (GE) and Jabil (JBL).

Company Calendar

Record date for 4/10 Dividend
3/21/2025
Ex-Dividend for 4/10 Dividend
3/21/2025
Dividend Payable
4/10/2025
Last Earnings
4/29/2025
Record date for 5/30 Dividend
5/13/2025
Ex-Dividend for 5/30 Dividend
5/13/2025
Dividend Payable
5/30/2025
Today
7/09/2025
Next Earnings (Estimated)
7/29/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
STEEL - PRODUCERS
Sub-Industry
Steel Works
Current Symbol
NASDAQ:ASTL
CIK
1860805
Fax
N/A
Employees
2,844
Year Founded
N/A

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$62.28 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$2.07 billion
Cash Flow
$1.32 per share
Price / Cash Flow
5.31
Book Value
$10.17 per share
Price / Book
0.69

Miscellaneous

Free Float
N/A
Market Cap
$735.56 million
Optionable
Optionable
Beta
1.65
A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report

This page (NASDAQ:ASTL) was last updated on 7/9/2025 by MarketBeat.com Staff
From Our Partners