NASDAQ:ASTL Algoma Steel Group (ASTL) Stock Price, News & Analysis $4.07 0.00 (0.00%) Closing price 08/7/2026 04:00 PM EasternExtended 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. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Algoma Steel Group Stock (NASDAQ:ASTL) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Algoma Steel Group alerts:Sign Up Key Stats Today's Range$3.95▼$4.1550-Day Range$3.59▼$5.8052-Week Range$3.02▼$5.90Volume794,593 shsAverage Volume1.05 million shsMarket Capitalization$430.04 millionP/E RatioN/ADividend YieldN/APrice TargetN/AConsensus RatingReduce 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. Read More Algoma Steel Group Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks17th Percentile Overall ScoreASTL 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. Analyst's Opinion1.5 / 5Analyst RatingReduce Consensus RatingAlgoma 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 CoverageAlgoma 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 and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings 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 MarketThe 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. SectorThe 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 RatioAlgoma 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.00% of the float of Algoma Steel Group has been sold short.Short Interest Ratio / Days to CoverAlgoma 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 monthShort interest in Algoma Steel Group has recently increased by 19.25%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthWeak Dividend YieldAlgoma Steel Group does not currently pay a dividend.Dividend GrowthAlgoma Steel Group does not have a long track record of dividend growth.Read more about Algoma Steel Group's dividend. News and Social Media0.6 / 5News SentimentN/A Search Interest6 people have searched for ASTL on MarketBeat in the last 30 days. Company Ownership1.0 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Algoma Steel Group insiders have not sold or bought any company stock.Percentage Held by Insiders7.77% of the stock of Algoma Steel Group is held by insiders.Percentage Held by Institutions72.00% 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. Receive ASTL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Algoma Steel Group and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. ASTL Stock News HeadlinesAlgoma Steel Earnings Call Highlights EAF TransitionAugust 1, 2026 | tipranks.comAlgoma Steel Group (NASDAQ:ASTL) Upgraded by Wall Street Zen to Sell RatingAugust 1, 2026 | americanbankingnews.comForget the million-dollar nest egg — you only need THIS muchNearly 2 in 3 Americans fear running out of money more than death - and chasing a $1.5 million nest egg isn't helping. Tim Plaehn has spent decades helping people build retirement income, and he says the monthly income goal is the only number that matters. His approach could potentially reach that goal with 10x less capital - using a single stock you can buy with one click. | Investors Alley (Ad)Algoma Steel Group Inc. (ASTL) Q2 2026 Earnings Call TranscriptJuly 30, 2026 | seekingalpha.comAlgoma Steel Group (ASTL) Releases Q2 2026 Earnings: Revenue Falls Short and Loss WidensJuly 29, 2026 | quiverquant.comQAlgoma Steel Group Inc. Reports Financial Results for the Three Months Ended June 30, 2026July 29, 2026 | financialpost.comFAlgoma Steel Reports Q2 2026 Results, Adjusted EBITDA of $13.8 Million as EAF Ramp-Up and Plate Sales Hit RecordsJuly 29, 2026 | quiverquant.comQAlgoma Steel Group Inc. Reports Financial Results for the Three Months Ended June 30, 2026July 29, 2026 | globenewswire.comSee More Headlines ASTL Stock Analysis - Frequently Asked Questions How have ASTL shares performed this year? 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. How were Algoma Steel Group's earnings last quarter? 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. Who are Algoma Steel Group's major shareholders? 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%). How do I buy shares of Algoma Steel Group? 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. What other stocks do shareholders of Algoma Steel Group own? 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 Earnings7/29/2026Today8/09/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Yellow Zone (4d) 1-Year History Aug 25 Nov 25 Feb 26 May 26 Aug 26 As of 4 days ago, ASTL's financial health entered the Yellow zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorMaterials Industry Metals & Mining Sub-IndustrySteel Current SymbolNASDAQ:ASTL CIK1860805 Webwww.algoma.com Phone705-945-2351FaxN/AEmployees2,400Year FoundedN/AProfitability EPS (Trailing Twelve Months)($7.35) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet 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 Ratio2.85 Current Ratio2.49 Quick Ratio1.35 Sales & Book Value Annual Sales$1.54 billion Price / Sales0.28 Cash FlowN/A Price / Cash FlowN/A Book Value$3.35 per share Price / Book1.21Miscellaneous Outstanding Shares105,661,000Free FloatN/AMarket Cap$430.04 million OptionableOptionable Beta1.64 The 7 Hottest IPO Stories of 2026MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.Get This Free Report This page (NASDAQ:ASTL) was last updated on 8/10/2026 by MarketBeat.com Staff. From Our PartnersHere’s the stock symbol I’ve promisedWhitney Tilson of Stansberry Research has long recommended Berkshire Hathaway as a core retirement holding - b...Stansberry Research | SponsoredThe $15 Gold Fund That Pays Up to $1,152/MonthGold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying...Investors Alley | SponsoredYour $29.97 book is free todayWhy Some Traders Skip Stocks Entirely You don't need a big account to trade options. In fact, options ca...Profits Run | SponsoredThey didn't warn anyone in 1971. This time someone is warning you.On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...Reagan Gold Group | SponsoredTrump's Next Move Could Shrink Your DollarThere's a plan in Washington being called the 'Mar-a-Lago Accord' - a deliberate strategy to weaken the U.S. d...Priority Gold | SponsoredChina is not hedging. It's escaping.China's US Treasury holdings have fallen from a peak of $1.32 trillion to roughly $659 billion, an 18-year low...Behind the Markets | SponsoredThis Junior Silver Explorer Is Closing In on Its Biggest CatalystA past-producing Nevada silver project holds a historical 36 million ounce silver-equivalent resource, plus mo...Wall Street Logic | SponsoredFDA Clears This Under-$5 Biotech for Phase 2 Clinical TrialA NASDAQ-listed biotech just cleared a major FDA milestone. Its lead therapy, Lucid-MS, has been cleared for P...The Tomorrow Investor | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Algoma Steel Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Algoma Steel Group With A Colleague Link copied to clipboard. Unlock superior investment research and tools. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools and reports. Get MarketBeat All Access MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In Email Me a Login Link or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.