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NASDAQ:ASTL

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

Algoma Steel Group logo
$4.07 0.00 (0.00%)
Closing price 08/7/2026 04:00 PM Eastern
Extended Trading
$4.15 +0.08 (+1.97%)
As of 08/7/2026 07:56 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Algoma Steel Group Stock (NASDAQ:ASTL)

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Key Stats

Today's Range
$3.95
$4.15
50-Day Range
$3.59
$5.80
52-Week Range
$3.02
$5.90
Volume
794,593 shs
Average Volume
1.05 million shs
Market Capitalization
$430.04 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 North American steel producer headquartered in Sault Ste. Marie, Ontario. The company operates a modern electric arc furnace (EAF) complex and an integrated rolling mill, enabling it to transform scrap and direct reduced iron into a wide range of steel products. Algoma Steel Group returned to public markets in 2021 with listings on both the Toronto Stock Exchange and the Nasdaq under the symbol ASTL.

Founded in 1901 as Algoma Steel Corporation, the company grew to become one of Canada’s leading steelmakers before undergoing restructuring in the early 2000s. Following a period of restructuring and modernization, Algoma Steel Group has invested in advanced steelmaking technology, environmental controls and downstream processing capabilities. These investments support the company’s commitment to sustainability and to meeting the evolving specifications of its customers.

Algoma Steel Group produces a diverse portfolio of flat-rolled products, including hot-rolled plate, pickled and oiled sheet, galvanized, galvanealed and painted steel coils. These products serve key end markets such as automotive, construction, energy, rail and machinery. With an emphasis on quality, traceability and on-time delivery, Algoma Steel Group supplies customers across Canada, the United States and select export markets.

AI Generated. May Contain Errors.

Algoma Steel Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
17th Percentile Overall Score

ASTL MarketRank™: 

Algoma Steel Group scored higher than 17% of companies evaluated by MarketBeat, and ranked 209th out of 227 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 3 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 ($2.37) to ($0.34) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Algoma Steel Group is -0.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Algoma Steel Group is -0.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Algoma Steel Group has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.00% 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 2.44, 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 19.25%, indicating that investor sentiment is decreasing significantly.
  • Search Interest

    6 people have searched for ASTL on MarketBeat in the last 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

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ASTL Stock Analysis - Frequently Asked Questions

Algoma Steel Group's stock was trading at $4.10 at the start of the year. Since then, ASTL stock has decreased by 0.7% and is now trading at $4.07.

Algoma Steel Group Inc. (NASDAQ:ASTL) released its earnings results on Wednesday, July, 29th. The company reported ($0.64) EPS for the quarter, missing analysts' consensus estimates of ($0.60) by $0.04. The company earned $267.50 million during the quarter, compared to analyst estimates of $205.57 million. Algoma Steel Group had a negative trailing twelve-month return on equity of 110.49% and a negative net margin of 71.60%.
Read the conference call transcript
.

Algoma Steel Group's top institutional shareholders include BlackRock Inc. (3.92%), GSA Capital Partners LLP (0.06%) and Element Pointe Advisors LLC (0.01%).

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), Broadcom (AVGO), StealthGas (GASS), Adobe (ADBE), Arista Networks (ANET), GE Aerospace (GE) and Jabil (JBL).

Company Calendar

Last Earnings
7/29/2026
Today
8/09/2026
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)
($7.35)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$704.89 million
Net Margins
-71.60%
Pretax Margin
-87.14%
Return on Equity
-110.49%
Return on Assets
-25.74%

Debt

Debt-to-Equity Ratio
2.85
Current Ratio
2.49
Quick Ratio
1.35

Sales & Book Value

Annual Sales
$1.54 billion
Price / Sales
0.28
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$3.35 per share
Price / Book
1.21

Miscellaneous

Outstanding Shares
105,661,000
Free Float
N/A
Market Cap
$430.04 million
Optionable
Optionable
Beta
1.64
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This page (NASDAQ:ASTL) was last updated on 8/10/2026 by MarketBeat.com Staff.
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