Alcoa (AA) Set to Announce Quarterly Earnings on Thursday

Key Points

• Alcoa is expected to report Q3 2026 results after Thursday’s market close, October 15. Analysts forecast earnings of $1.52 per share on $3.80 billion in revenue, with the earnings call scheduled for 5:00 p.m. ET.
• The company’s previous quarter fell short of expectations, posting $2.12 in EPS versus the $2.25 consensus and revenue of $3.97 billion versus $3.99 billion expected.
• AA shares opened at $42.48 and remain under pressure, well below their 50-day and 200-day moving averages. Analysts have a consensus “Hold” rating and an average price target of $61, while recent targets range from $55 to $76.

Alcoa (NYSE:AA - Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Thursday, October 15th. Analysts expect the company to announce earnings of $1.52 per share and revenue of $3.8002 billion for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earning results page for the latest details on the call scheduled for Thursday, October 15, 2026 at 5:00 PM ET.

Alcoa (NYSE:AA - Get Free Report) last posted its earnings results on Thursday, July 16th. The industrial products company reported $2.12 earnings per share for the quarter, missing the consensus estimate of $2.25 by ($0.13). Alcoa had a return on equity of 18.90% and a net margin of 9.48%.The firm had revenue of $3.97 billion during the quarter, compared to the consensus estimate of $3.99 billion. During the same period in the previous year, the company posted $0.39 EPS. On average, analysts expect Alcoa to post $7 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Alcoa Trading Down 1.6%

Shares of AA stock opened at $42.48 on Thursday. The company has a market capitalization of $11.21 billion, a P/E ratio of 8.74, a P/E/G ratio of 0.48 and a beta of 1.74. Alcoa has a 12-month low of $35.01 and a 12-month high of $84.38. The company has a quick ratio of 0.92, a current ratio of 1.53 and a debt-to-equity ratio of 0.30. The firm has a 50-day moving average price of $47.67 and a 200 day moving average price of $56.81.

Alcoa Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Tuesday, August 11th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.40 annualized dividend and a dividend yield of 0.9%. Alcoa's dividend payout ratio (DPR) is presently 8.23%.

Insider Buying and Selling

In other news, EVP Tammi Jones sold 15,628 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $50.60, for a total transaction of $790,776.80. Following the sale, the executive vice president directly owned 39,819 shares of the company's stock, valued at $2,014,841.40. This represents a 28.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Renato Bacchi sold 700 shares of the firm's stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $51.02, for a total transaction of $35,714.00. Following the completion of the sale, the executive vice president directly owned 74,930 shares of the company's stock, valued at approximately $3,822,928.60. This represents a 0.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Analysts Set New Price Targets

Several brokerages have recently commented on AA. Wells Fargo & Company reduced their target price on Alcoa from $71.00 to $60.00 and set an "overweight" rating on the stock in a report on Friday, September 18th. Freedom Broker raised their price target on Alcoa from $64.00 to $76.00 and gave the company a "buy" rating in a report on Tuesday, September 22nd. Zacks Research upgraded Alcoa from a "strong sell" rating to a "hold" rating in a research report on Monday, September 14th. Weiss Ratings reissued a "hold (c+)" rating on shares of Alcoa in a research note on Monday, September 14th. Finally, BMO Capital Markets reduced their price objective on Alcoa from $60.00 to $55.00 and set a "market perform" rating on the stock in a research note on Friday, July 17th. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Alcoa has an average rating of "Hold" and an average price target of $61.00.

Alcoa Company Profile

Alcoa Corporation NYSE: AA is a global producer of aluminum and an integrated participant in the aluminum industry. Its operations span the value chain from bauxite mining and alumina refining to aluminum smelting, casting and recycling.

The company supplies aluminum products used in transportation, building and construction, packaging, aerospace, automotive, electrical and other industrial applications. Its portfolio includes primary aluminum, alumina, aluminum billets and other cast products, as well as low-carbon and recycled aluminum offerings.

Alcoa traces its origins to the Pittsburgh Reduction Company, founded in 1888, and has helped develop the modern aluminum industry.

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