Analysts Issue Forecasts for Alcoa's Q3 Earnings (NYSE:AA)

Alcoa (NYSE:AA - Free Report) - B. Riley increased their Q3 2025 EPS estimates for shares of Alcoa in a report released on Tuesday, July 22nd. B. Riley analyst N. Giles now forecasts that the industrial products company will post earnings per share of $0.59 for the quarter, up from their previous forecast of $0.25. B. Riley has a "Buy" rating and a $37.00 price objective 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 Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $3.80 EPS and FY2027 earnings at $2.34 EPS.

A number of other analysts have also recently weighed in on the company. Wall Street Zen cut Alcoa from a "buy" rating to a "hold" rating in a research note on Sunday, June 22nd. UBS Group reissued a "neutral" rating and set a $31.00 target price on shares of Alcoa in a research report on Thursday, May 15th. Citigroup upgraded Alcoa to a "buy" rating and set a $42.00 target price for the company in a research note on Tuesday, July 8th. JPMorgan Chase & Co. dropped their price target on shares of Alcoa from $28.00 to $27.00 and set a "neutral" rating on the stock in a research note on Thursday, July 17th. Finally, Morgan Stanley cut their price objective on shares of Alcoa from $40.00 to $38.00 and set an "overweight" rating on the stock in a report on Friday, July 18th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Alcoa currently has an average rating of "Hold" and an average price target of $41.23.

Alcoa Stock Down 0.7%

Shares of Alcoa stock traded down $0.23 during trading on Thursday, hitting $31.88. 6,441,221 shares of the stock were exchanged, compared to its average volume of 6,434,438. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.65 and a quick ratio of 0.97. The firm's 50-day moving average price is $29.18 and its 200 day moving average price is $30.73. The stock has a market cap of $8.25 billion, a price-to-earnings ratio of 8.32, a price-to-earnings-growth ratio of 0.18 and a beta of 2.25. Alcoa has a 12-month low of $21.53 and a 12-month high of $47.77.

Alcoa (NYSE:AA - Get Free Report) last issued its earnings results on Wednesday, July 16th. The industrial products company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.10. Alcoa had a net margin of 7.86% and a return on equity of 19.27%. The firm had revenue of $3.02 billion for the quarter, compared to analysts' expectations of $2.96 billion. During the same quarter last year, the company earned $0.16 earnings per share. The firm's revenue was up 3.9% compared to the same quarter last year.

Alcoa Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Tuesday, May 20th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Tuesday, May 20th. Alcoa's payout ratio is currently 10.44%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of AA. Vanguard Group Inc. grew its holdings in shares of Alcoa by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 25,979,129 shares of the industrial products company's stock worth $981,491,000 after buying an additional 165,420 shares during the last quarter. Norges Bank purchased a new position in shares of Alcoa in the 4th quarter valued at approximately $259,273,000. Dimensional Fund Advisors LP increased its holdings in shares of Alcoa by 33.9% in the first quarter. Dimensional Fund Advisors LP now owns 6,803,086 shares of the industrial products company's stock valued at $207,490,000 after purchasing an additional 1,721,222 shares during the period. Geode Capital Management LLC increased its holdings in shares of Alcoa by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 4,232,766 shares of the industrial products company's stock valued at $159,966,000 after purchasing an additional 39,022 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Alcoa by 46.8% during the fourth quarter. Northern Trust Corp now owns 2,549,608 shares of the industrial products company's stock worth $96,324,000 after purchasing an additional 813,214 shares during the last quarter.

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.