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

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.

Key Stats

• Today's Range: $5.50 to $5.69
• 50-Day Range: $4.03 to $5.81
• 52-Week Range: $3.16 to $5.90
• Volume: 176,821 shs
• Average Volume: 1.24 million shs
• Market Capitalization: $589.58 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Reduce

Algoma Steel Group Stock Analysis - MarketRank™

Algoma Steel Group scored higher than 26% of companies evaluated by MarketBeat, and ranked 206th 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 Opinion

• Score: 1.3 / 5
• Analyst Rating: Reduce

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.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

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 Earnings Ratio vs. the Market

The P/E ratio of Algoma Steel Group is -1.13, 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 -1.13, 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 4.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

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

• Score: 0.8 / 5
• Dividend Strength: N/A

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 and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

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 0.38 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.

Company Ownership

• Score: 1.0 / 5
• Insider Trading: N/A

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.

Company Calendar

• Last Earnings: 10/28/2026
• Today: 11/13/2026
• 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
• Web: www.algoma.com
• Phone: 705-945-2351
• 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: 27.90
• 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: $1.49 billion
• Price / Sales: 0.39
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.34 per share
• Price / Book: 4.16

Miscellaneous

• Outstanding Shares: 105,660,000
• Free Float: 97,451,000
• Market Cap: $589.58 million
• Optionable: Optionable
• Beta: 1.63