Research Analysts Set Expectations for Alcoa Q2 Earnings

Alcoa (NYSE:AA - Free Report) - Stock analysts at B. Riley lowered their Q2 2025 earnings per share estimates for shares of Alcoa in a research note issued to investors on Tuesday, June 24th. B. Riley analyst N. Giles now forecasts that the industrial products company will post earnings of $0.37 per share for the quarter, down from their prior forecast of $1.25. B. Riley has a "Buy" rating and a $38.00 price target on the stock. The consensus estimate for Alcoa's current full-year earnings is $4.43 per share. B. Riley also issued estimates for Alcoa's Q3 2025 earnings at $0.65 EPS, Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $3.88 EPS and FY2027 earnings at $3.20 EPS.

A number of other research analysts have also recently commented on AA. Wall Street Zen cut Alcoa from a "buy" rating to a "hold" rating in a research note on Sunday. Barclays raised their price objective on Alcoa to $31.00 and gave the company a "hold" rating in a research report on Friday, May 16th. UBS Group reaffirmed a "neutral" rating and issued a $31.00 target price on shares of Alcoa in a research report on Thursday, May 15th. Bank of America reiterated an "underperform" rating and issued a $26.00 price target (down from $58.00) on shares of Alcoa in a research note on Tuesday, April 8th. Finally, HC Wainwright boosted their price objective on shares of Alcoa to $90.00 and gave the stock a "buy" rating in a research note on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, Alcoa currently has an average rating of "Hold" and an average target price of $42.33.

Alcoa Stock Up 6.2%

Alcoa stock traded up $1.74 during trading hours on Thursday, hitting $29.91. 6,450,986 shares of the stock traded hands, compared to its average volume of 5,600,308. Alcoa has a one year low of $21.53 and a one year high of $47.77. The firm's 50-day moving average price is $27.14 and its two-hundred day moving average price is $31.87. The company has a current ratio of 1.71, a quick ratio of 1.00 and a debt-to-equity ratio of 0.43. The company has a market cap of $7.74 billion, a PE ratio of 9.01, a PEG ratio of 0.16 and a beta of 2.26.

Alcoa (NYSE:AA - Get Free Report) last announced its earnings results on Wednesday, April 16th. The industrial products company reported $2.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.73 by $0.42. Alcoa had a net margin of 6.79% and a return on equity of 18.56%. The firm had revenue of $3.37 billion for the quarter, compared to analyst estimates of $3.58 billion.

Institutional Investors Weigh In On Alcoa

Institutional investors have recently made changes to their positions in the company. CIBC Asset Management Inc purchased a new stake in Alcoa during the 4th quarter valued at $205,000. D.A. Davidson & CO. raised its stake in shares of Alcoa by 8.2% in the fourth quarter. D.A. Davidson & CO. now owns 14,179 shares of the industrial products company's stock worth $536,000 after purchasing an additional 1,069 shares during the last quarter. Ieq Capital LLC lifted its holdings in shares of Alcoa by 53.5% during the fourth quarter. Ieq Capital LLC now owns 9,749 shares of the industrial products company's stock valued at $368,000 after purchasing an additional 3,397 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Alcoa during the fourth quarter valued at $1,395,000. Finally, Impax Asset Management Group plc boosted its position in shares of Alcoa by 60.2% during the fourth quarter. Impax Asset Management Group plc now owns 27,572 shares of the industrial products company's stock valued at $1,042,000 after buying an additional 10,365 shares during the last quarter.

Alcoa Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Tuesday, May 20th were paid a $0.10 dividend. The ex-dividend date was Tuesday, May 20th. This represents a $0.40 annualized dividend and a dividend yield of 1.34%. Alcoa's dividend payout ratio is presently 12.05%.

Alcoa Company Profile

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.