B. Riley Issues Optimistic Outlook for Alcoa Earnings

Key Points

• B. Riley has raised its Q4 2025 earnings per share estimate for Alcoa to $0.74, up from a previous estimate of $0.66, and maintains a "Buy" rating with a price target of $38.00.
• Alcoa reported $0.39 earnings per share in its last quarterly earnings, exceeding expectations, with revenue reaching $3.02 billion.
• The company announced a $0.10 quarterly dividend, representing a yield of 1.2%, while institutional investors hold approximately 82.39% of its shares.

Alcoa (NYSE:AA - Free Report) - Equities research analysts at B. Riley lifted their Q4 2025 earnings per share (EPS) estimates for shares of Alcoa in a research note issued to investors on Tuesday, September 9th. B. Riley analyst N. Giles now expects that the industrial products company will earn $0.74 per share for the quarter, up from their previous forecast of $0.66. B. Riley currently has a "Buy" rating and a $38.00 target price 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 FY2026 earnings at $2.86 EPS and FY2027 earnings at $2.97 EPS.

Several other analysts have also weighed in on the company. JPMorgan Chase & Co. decreased their price target on Alcoa from $28.00 to $27.00 and set a "neutral" rating on the stock in a report on Thursday, July 17th. Wall Street Zen lowered 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 target price on the stock in a research note on Tuesday, July 8th. Bank of America increased their target price on Alcoa from $26.00 to $27.00 and gave the stock an "underperform" rating in a research note on Thursday, July 17th. Finally, Morgan Stanley reduced their target price on Alcoa from $40.00 to $38.00 and set an "overweight" rating on the stock in a research note on Friday, July 18th. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $41.75.

Alcoa Trading Up 3.0%

NYSE:AA traded up $0.97 during midday trading on Friday, hitting $33.26. 8,311,403 shares of the company traded hands, compared to its average volume of 5,284,375. The firm's fifty day moving average is $30.76 and its 200-day moving average is $29.28. Alcoa has a 12-month low of $21.53 and a 12-month high of $47.77. The firm has a market capitalization of $8.61 billion, a P/E ratio of 8.68, a P/E/G ratio of 0.19 and a beta of 2.26. The company has a current ratio of 1.65, a quick ratio of 0.97 and a debt-to-equity ratio of 0.41.

Alcoa (NYSE:AA - Get Free Report) last issued its quarterly earnings data on Wednesday, July 16th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.10. Alcoa had a return on equity of 19.18% and a net margin of 7.86%.The business had revenue of $3.02 billion for the quarter, compared to analysts' expectations of $2.96 billion. During the same period in the prior year, the firm earned $0.16 EPS. The company's revenue for the quarter was up 3.9% on a year-over-year basis.

Alcoa Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Tuesday, August 12th were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, August 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.2%. Alcoa's dividend payout ratio (DPR) is currently 10.44%.

Institutional Investors Weigh In On Alcoa

A number of institutional investors have recently added to or reduced their stakes in AA. Captrust Financial Advisors boosted its position in Alcoa by 5.8% during the fourth quarter. Captrust Financial Advisors now owns 6,569 shares of the industrial products company's stock valued at $248,000 after purchasing an additional 361 shares in the last quarter. Ethic Inc. bought a new stake in Alcoa during the fourth quarter valued at about $211,000. Jacobs Levy Equity Management Inc. bought a new stake in Alcoa during the fourth quarter valued at about $4,046,000. Nissay Asset Management Corp Japan ADV boosted its position in Alcoa by 25.5% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 111,143 shares of the industrial products company's stock valued at $4,188,000 after purchasing an additional 22,610 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its position in Alcoa by 59.6% during the fourth quarter. Quantinno Capital Management LP now owns 10,458 shares of the industrial products company's stock valued at $395,000 after purchasing an additional 3,907 shares in the last quarter. Institutional investors own 82.39% of the company's stock.

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.