B. Riley Has Negative Estimate for Alcoa Q3 Earnings

Alcoa (NYSE:AA - Free Report) - Equities research analysts at B. Riley cut their Q3 2025 earnings estimates for shares of Alcoa in a research report issued to clients and investors on Tuesday, July 15th. B. Riley analyst N. Giles now anticipates that the industrial products company will post earnings per share of $0.25 for the quarter, down from their prior forecast of $0.65. 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 FY2025 earnings at $3.31 EPS, FY2026 earnings at $2.56 EPS and FY2027 earnings at $2.29 EPS.

Other analysts also recently issued reports about the company. Barclays lifted their target price on Alcoa to $31.00 and gave the stock a "hold" rating in a research report on Friday, May 16th. Morgan Stanley decreased their target price on Alcoa from $40.00 to $38.00 and set an "overweight" rating for the company in a research report on Friday. Wall Street Zen downgraded Alcoa from a "buy" rating to a "hold" rating in a report on Sunday, June 22nd. Citigroup upgraded Alcoa to a "buy" rating and set a $42.00 price objective for the company in a report on Tuesday, July 8th. Finally, UBS Group restated a "neutral" rating and issued a $31.00 price objective on shares of Alcoa in a report on Thursday, May 15th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $41.23.

Alcoa Trading Up 3.1%

Shares of NYSE:AA traded up $0.90 on Thursday, hitting $30.29. 7,414,048 shares of the company's stock were exchanged, compared to its average volume of 6,017,292. Alcoa has a 12 month low of $21.53 and a 12 month high of $47.77. The stock has a market capitalization of $7.84 billion, a price-to-earnings ratio of 7.91, a price-to-earnings-growth ratio of 0.18 and a beta of 2.25. The business's 50 day simple moving average is $28.85 and its two-hundred day simple moving average is $30.93. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.71 and a quick ratio of 1.00.

Alcoa (NYSE:AA - Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The industrial products company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.29 by $0.10. Alcoa had a net margin of 7.86% and a return on equity of 19.88%. The company had revenue of $3.02 billion during the quarter, compared to analyst estimates of $2.96 billion. During the same period in the previous year, the firm earned $0.16 earnings per share. Alcoa's quarterly revenue was up 3.9% compared to the same quarter last year.

Alcoa Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Tuesday, May 20th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend was Tuesday, May 20th. Alcoa's dividend payout ratio is currently 10.44%.

Institutional Trading of Alcoa

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased 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 valued at $981,491,000 after acquiring an additional 165,420 shares in the last quarter. Norges Bank acquired a new position in shares of Alcoa during the fourth quarter valued at about $259,273,000. Dimensional Fund Advisors LP increased its holdings in shares of Alcoa by 33.9% during 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 acquiring an additional 1,721,222 shares in the last quarter. Geode Capital Management LLC boosted its position in 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 buying an additional 39,022 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Alcoa by 46.8% in the fourth quarter. Northern Trust Corp now owns 2,549,608 shares of the industrial products company's stock valued at $96,324,000 after buying an additional 813,214 shares during the last quarter.

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.