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NASDAQ:ASTL

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

Algoma Steel Group logo
$4.25 -0.05 (-1.16%)
Closing price 04:00 PM Eastern
Extended 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.

About Algoma Steel Group Stock (NASDAQ:ASTL)

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Key Stats

Today's Range
$4.20
▼
$4.30
50-Day Range
$3.97
▼
$4.79
52-Week Range
$3.16
▼
$5.90
Volume
125,198 shs
Average Volume
1.23 million shs
Market Capitalization
$449.06 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Reduce

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.

Algoma Steel Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
12th Percentile Overall Score

ASTL 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.

  • Consensus Rating

    Algoma 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 Coverage

    Algoma 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 Growth

    Earnings 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 Market

    The 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. Sector

    The 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 Ratio

    Algoma 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.
  • Percentage of Shares Shorted

    4.68% 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 5.89.
  • Change versus previous month

    Short interest in Algoma Steel Group has recently increased by 11.42%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Algoma Steel Group does not currently pay a dividend.

  • Dividend Growth

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

  • News Sentiment

    Algoma 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 Week

    MarketBeat has tracked 1 news article for Algoma Steel Group this week, compared to 3 articles on an average week.
  • Search Interest

    Only 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 Follows

    1 people have added Algoma Steel Group to their MarketBeat watchlist in the last 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.
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ASTL Stock News Headlines

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ASTL Stock Analysis - Frequently Asked Questions

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.

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
.

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

Last Earnings
7/29/2026
Today
10/12/2026
Next Earnings (Estimated)
11/04/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Materials
Industry
Metals & Mining
Sub-Industry
Steel
Current Symbol
NASDAQ:ASTL
CIK
1860805
Fax
N/A
Employees
2,400
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
($7.35)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net 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 Ratio
2.85
Current Ratio
2.49
Quick Ratio
1.35

Sales & Book Value

Annual Sales
$1.49 billion
Price / Sales
0.30
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$3.35 per share
Price / Book
1.27

Miscellaneous

Outstanding Shares
105,660,000
Free Float
N/A
Market Cap
$449.06 million
Optionable
Optionable
Beta
1.65
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This page (NASDAQ:ASTL) was last updated on 10/12/2026 by MarketBeat.com Staff.
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