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Algoma Steel Group (ASTL) Stock Price, News & Analysis

Algoma Steel Group logo
$5.67 -0.09 (-1.58%)
As of 10:08 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Algoma Steel Group Stock (NASDAQ:ASTL)

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Key Stats

Today's Range
$5.67
▼
$5.73
50-Day Range
$4.03
▼
$5.81
52-Week Range
$3.16
▼
$5.90
Volume
24,351 shs
Average Volume
1.24 million shs
Market Capitalization
$598.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Reduce

Company Overview

Algoma Steel Group Inc. is a Canadian steel producer headquartered in Sault Ste. Marie, Ontario. Its roots date to 1901, and it operates an integrated steelmaking facility that manufactures steel products for customers across North America.

The company’s product range includes hot- and cold-rolled sheet steel and steel plate, used in applications across sectors such as automotive, construction, energy and manufacturing. Algoma is also transitioning its steelmaking operations toward electric arc furnace production.

AI Generated. May Contain Errors.

Algoma Steel Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
27th Percentile Overall Score

ASTL MarketRank™: 
1.355109536925 of 5 stars

Algoma Steel Group scored higher than 27% of companies evaluated by MarketBeat, and ranked 208th out of 228 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Algoma Steel Group has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no strong buy ratings, no buy ratings, 3 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Algoma Steel Group has only been the subject of 2 research reports in the past 90 days.

  • Read more about Algoma Steel Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Algoma Steel Group are expected to grow in the coming year, from ($2.68) to $0.20 per share.

  • Price to Book Value per Share Ratio

    Algoma Steel Group has a P/B Ratio of 4.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.37% of the float of Algoma Steel Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Algoma Steel Group has a short interest ratio ("days to cover") of 3.25, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Algoma Steel Group has recently increased by 3.71%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Algoma Steel Group does not currently pay a dividend.

  • Dividend Growth

    Algoma Steel Group does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Algoma Steel Group will have a dividend payout ratio of 25.00% next year. This indicates that Algoma Steel Group will be able to sustain or increase its dividend.

  • News Sentiment

    Algoma Steel Group has a news sentiment score of 1.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Algoma Steel Group this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Algoma Steel Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Algoma Steel Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    7.77% of the stock of Algoma Steel Group is held by insiders.

  • Percentage Held by Institutions

    72.00% of the stock of Algoma Steel Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Algoma Steel Group's insider trading history.
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ASTL Stock News Headlines

Algoma Steel : to Host a Community Open House
My public warning after 55 years of watching the markets
Dr. Martin D. Weiss has publicly predicted six major American market crashes over his 55-year career, each warning issued before the crisis hit. Now the founder of Weiss Ratings, the only conflict-free rating agency in America, says he is watching a $3 trillion problem that could trigger a chain reaction across markets and banks.tc pixel
See More Headlines

ASTL Stock Analysis - Frequently Asked Questions

Algoma Steel Group's stock was trading at $4.10 at the beginning of the year. Since then, ASTL shares have increased by 40.5% and is now trading at $5.76.

Algoma Steel Group Inc. (NASDAQ:ASTL) posted its quarterly earnings data on Wednesday, October, 28th. The company reported ($0.84) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.49) by $0.35. The company had revenue of $175.15 million for the quarter, compared to analyst estimates of $161.15 million. Algoma Steel Group had a negative trailing twelve-month return on equity of 211.54% and a negative net margin of 59.04%.
Read the conference call transcript
.

Algoma Steel Group's top institutional shareholders include Russell Investments Group Ltd. (0.52%), Boston Partners (0.09%), Net Worth Advisory Group (0.05%) and Terril Brothers Inc. (0.04%).

Shares of ASTL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Algoma Steel Group investors own include NVIDIA (NVDA), Palantir Technologies (PLTR), Freeport-McMoRan (FCX), Occidental Petroleum (OXY), Petroleo Brasileiro S.A.- Petrobras (PBR), Applied Materials (AMAT) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
10/28/2026
Today
11/12/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Materials
Industry
Metals & Mining
Sub-Industry
Steel
Current Symbol
NASDAQ:ASTL
CIK
1860805
Fax
N/A
Employees
2,400
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
($4.95)
Trailing P/E Ratio
N/A
Forward P/E Ratio
28.80
P/E Growth
N/A
Net Income
-$704.89 million
Net Margins
-59.04%
Pretax Margin
-66.59%
Return on Equity
-211.54%
Return on Assets
-34.40%

Debt

Debt-to-Equity Ratio
4.67
Current Ratio
2.53
Quick Ratio
1.26

Sales & Book Value

Annual Sales
$1.27 billion
Price / Sales
0.48
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.34 per share
Price / Book
4.30

Miscellaneous

Outstanding Shares
105,661,000
Free Float
97,451,000
Market Cap
$608.61 million
Optionable
Optionable
Beta
1.63
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This page (NASDAQ:ASTL) was last updated on 11/12/2026 by MarketBeat.com Staff.
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