NASDAQ:ASTL Algoma Steel Group (ASTL) Stock Price, News & Analysis $4.25 -0.05 (-1.16%) Closing price 04:00 PM EasternExtended Trading$4.26 +0.00 (+0.12%) As of 07:30 PM 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 Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Algoma Steel Group Stock (NASDAQ:ASTL) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Algoma Steel Group alerts:Sign Up Key Stats Today's Range$4.20▼$4.3050-Day Range$3.97▼$4.7952-Week Range$3.16▼$5.90Volume125,198 shsAverage Volume1.23 million shsMarket Capitalization$449.06 millionP/E RatioN/ADividend YieldN/APrice TargetN/AConsensus RatingReduce Company Overview Algoma Steel Group Inc. is a Canadian integrated steel producer headquartered in Sault Ste. Marie, Ontario. Through its primary steelmaking and rolling operations, the company produces steel products used by customers in the automotive, construction, manufacturing, energy and transportation industries. Algoma’s product portfolio includes hot-rolled steel sheet, cold-rolled steel sheet, galvanized steel and steel plate. Its operations include iron and steel production, casting and finishing facilities, enabling the company to supply a range of flat-rolled and specialty steel products to North American markets. The company traces its history to the establishment of Algoma Steel in 1901. It later operated as Essar Steel Algoma before returning to the Algoma Steel name. Algoma Steel Group became a publicly traded company in 2021 and continues to serve customers primarily in Canada and the United States. The company is also transitioning its steelmaking operations toward electric arc furnace technology as part of its effort to reduce emissions and modernize production.AI Generated. May Contain Errors. Read More Algoma Steel Group Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks12th Percentile Overall ScoreASTL MarketRank™: Algoma Steel Group scored higher than 12% of companies evaluated by MarketBeat, and ranked 219th out of 228 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingReduce Consensus RatingAlgoma Steel Group has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no strong buy ratings, no buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageAlgoma Steel Group has only been the subject of 2 research reports in the past 90 days.Read more about Algoma Steel Group's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Algoma Steel Group are expected to grow in the coming year, from ($2.37) to ($0.34) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Algoma Steel Group is -0.58, 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. SectorThe P/E ratio of Algoma Steel Group is -0.58, 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 RatioAlgoma Steel Group has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Algoma Steel Group's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted4.68% of the float of Algoma Steel Group has been sold short.Short Interest Ratio / Days to CoverAlgoma Steel Group has a short interest ratio ("days to cover") of 5.89.Change versus previous monthShort interest in Algoma Steel Group has recently increased by 11.42%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldAlgoma Steel Group does not currently pay a dividend.Dividend GrowthAlgoma Steel Group does not have a long track record of dividend growth. News and Social Media2.1 / 5News SentimentN/A News SentimentAlgoma Steel Group has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Algoma Steel Group this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for ASTL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows1 people have added Algoma Steel Group to their MarketBeat watchlist in the last 30 days. Company Ownership0.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Algoma Steel Group insiders have not sold or bought any company stock.Percentage Held by Institutions72.00% 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. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. ASTL Stock News HeadlinesAlgoma Steel (NASDAQ: ASTL) guides negative Adjusted EBITDA as power returnsOctober 5, 2026 | americanbankingnews.comAlgoma Steel expects Q3 shipments to come in around 145K after previous power outageOctober 1, 2026 | msn.comPalantir and Wall Street are in on it…Palantir just signed a major AI deal with a company most investors have never heard of. Wall Street has poured billions into this firm, which may have found a solution to the growing AI energy crunch. Unlike pricey chipmakers trading at 40 times earnings, this pure-play AI energy name remains cheap and profitable. See the name and ticker behind this fast-moving story before wider attention catches on.October 12 at 1:00 AM | Monument Traders Alliance (Ad)Algoma Steel Group Inc. Provides Guidance for the Third Quarter 2026October 1, 2026 | financialpost.comFAlgoma Steel Group Provides Third-Quarter 2026 Guidance, Updates EAF Unit Two Progress and Power RestorationOctober 1, 2026 | quiverquant.comQAlgoma Steel Group Inc. Provides Guidance for the Third Quarter 2026October 1, 2026 | globenewswire.comAlgoma Steel Group Inc. Provides Update on Lake Superior Power Plant OutageSeptember 2, 2026 | financialpost.comFAlgoma Steel Group Provides Update on Lake Superior Power Outage and Resumes EAF Production Under Interim ArrangementsSeptember 2, 2026 | quiverquant.comQSee More Headlines ASTL Stock Analysis - Frequently Asked Questions How have ASTL shares performed this year? Algoma Steel Group's stock was trading at $4.10 at the beginning of 2026. Since then, ASTL stock has increased by 3.8% and is now trading at $4.2550. How were Algoma Steel Group's earnings last quarter? Algoma Steel Group Inc. (NASDAQ:ASTL) issued its quarterly earnings results on Wednesday, July, 29th. The company reported ($0.64) EPS for the quarter, missing analysts' consensus estimates of ($0.60) by $0.04. The firm earned $267.50 million during the quarter, compared to analyst estimates of $205.57 million. Algoma Steel Group had a negative trailing twelve-month return on equity of 110.49% and a negative net margin of 71.60%. Read the conference call transcript. How do I buy shares of Algoma Steel Group? 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. What other stocks do shareholders of Algoma Steel Group own? 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 Last Earnings7/29/2026Today10/12/2026Next Earnings (Estimated)11/04/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Yellow Zone (6d) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 For the last 6 days, ASTL's financial health has been in the Yellow zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorMaterials Industry Metals & Mining Sub-IndustrySteel Current SymbolNASDAQ:ASTL CIK1860805 Webwww.algoma.com Phone705-945-2351FaxN/AEmployees2,400Year FoundedN/AProfitability EPS (Trailing Twelve Months)($7.35) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$704.89 million Net Margins-71.60% Pretax Margin-87.14% Return on Equity-110.49% Return on Assets-25.74% Debt Debt-to-Equity Ratio2.85 Current Ratio2.49 Quick Ratio1.35 Sales & Book Value Annual Sales$1.49 billion Price / Sales0.30 Cash FlowN/A Price / Cash FlowN/A Book Value$3.35 per share Price / Book1.27Miscellaneous Outstanding Shares105,660,000Free FloatN/AMarket Cap$449.06 million OptionableOptionable Beta1.65 10 Best Stocks to Own in Fall 2026AI spending is reshaping the market, and the opportunity extends far beyond the biggest chipmakers. Discover 10 stocks set to benefit from powerful trends in AI infrastructure, cloud computing, energy, capital returns, and consumer growth this fall.Get This Free Report This page (NASDAQ:ASTL) was last updated on 10/12/2026 by MarketBeat.com Staff. From Our PartnersPalantir and Wall Street are in on it…Palantir just signed a major AI deal with a company most investors have never heard of. 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