Algoma Central Co. (TSE:ALC - Free Report) - Research analysts at Cormark decreased their Q3 2025 earnings per share (EPS) estimates for shares of Algoma Central in a research report issued on Monday, May 5th. Cormark analyst D. Ocampo now forecasts that the company will earn $0.92 per share for the quarter, down from their prior forecast of $0.94. The consensus estimate for Algoma Central's current full-year earnings is $1.90 per share. Cormark also issued estimates for Algoma Central's Q1 2026 earnings at ($0.67) EPS, Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.99 EPS and Q4 2026 earnings at $0.85 EPS.
Separately, BMO Capital Markets reduced their target price on Algoma Central from C$18.00 to C$15.00 in a report on Monday, March 17th.
Get Our Latest Stock Analysis on Algoma Central
Algoma Central Stock Performance
TSE:ALC opened at C$15.26 on Wednesday. Algoma Central has a fifty-two week low of C$14.03 and a fifty-two week high of C$15.60. The firm's 50 day moving average is C$15.04 and its two-hundred day moving average is C$14.95. The company has a market cap of C$624.77 million, a P/E ratio of 8.47 and a beta of 0.72. The company has a quick ratio of 2.06, a current ratio of 0.76 and a debt-to-equity ratio of 50.70.
Algoma Central Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, June 2nd will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, May 16th. This represents a $0.80 annualized dividend and a yield of 5.24%. Algoma Central's dividend payout ratio is currently 42.19%.
Insider Transactions at Algoma Central
In related news, Director Richard Brydone Carty sold 2,000 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of C$15.10, for a total transaction of C$30,200.00. Company insiders own 54.61% of the company's stock.
About Algoma Central
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Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.
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