Most-Downgraded StocksMost-DowngradedNYSE:AA Alcoa (AA) Stock Forecast, Price & News $26.22 +0.36 (+1.39%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$25.95▼$26.7850-Day Range$25.86▼$36.1952-Week Range$25.59▼$57.61Volume5.60 million shsAverage Volume5.23 million shsMarket Capitalization$4.68 billionP/E RatioN/ADividend Yield1.53%Price Target$37.82 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Alcoa MarketRank™ ForecastAnalyst RatingHold2.09 Rating ScoreUpside/Downside44.3% Upside$37.82 Price TargetShort InterestHealthy5.95% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-4.40Upright™ Environmental ScoreNews Sentiment0.32Based on 23 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.56) to $3.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.57 out of 5 starsIndustrial Products Sector52nd out of 176 stocksPrimary Aluminum Industry1st out of 2 stocks 4.0 Analyst's Opinion Consensus RatingAlcoa has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 3 buy ratings, 6 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.82, Alcoa has a forecasted upside of 44.3% from its current price of $26.22.Amount of Analyst CoverageAlcoa has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.95% of the float of Alcoa has been sold short.Short Interest Ratio / Days to CoverAlcoa has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alcoa has recently decreased by 12.33%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldAlcoa pays a meaningful dividend of 1.50%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAlcoa does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Alcoa will have a dividend payout ratio of 12.46% next year. This indicates that Alcoa will be able to sustain or increase its dividend. Previous Next 0.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlcoa has received a -77.13% net impact score from Upright. The largest negative impact of Alcoa in category "GHG emissions" seems to be driven mostly by its "Aluminium", "Aluminium smelting services", and "Aluminium cast" products. See details.Environmental SustainabilityThe Environmental Impact score for Alcoa is -4.40. Previous Next 2.4 News and Social Media Coverage News SentimentAlcoa has a news sentiment score of 0.32. 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 lower news sentiment than the 0.68 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 23 news articles for Alcoa this week, compared to 7 articles on an average week.Search InterestOnly 87 people have searched for AA on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat Follows18 people have added Alcoa to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alcoa insiders have not sold or bought any company stock. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Alcoa are expected to grow in the coming year, from ($1.56) to $3.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alcoa is -3.21, 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 Alcoa is -3.21, 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 RatioAlcoa has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alcoa (NYSE:AA) StockAlcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ingot to customers that produce products for the transportation, building and construction, packaging, wire, and other industrial markets. In addition, it owns hydro power plants that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1886 and is headquartered in Pittsburgh, Pennsylvania.Read More AA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AA Stock News HeadlinesSeptember 27, 2023 | finance.yahoo.comAlcoa Schedules Third Quarter 2023 Earnings Release and Conference CallSeptember 26, 2023 | finance.yahoo.comCompany News for Sep 26, 2023September 28, 2023 | Behind the Markets (Ad)6.5 Million Americans Are DESPERATE for This New Drug from One Tiny CompanyDecades of pent-up demand for this "first-ever" treatment could give you WINDFALL PROFITS... Click here to learn more >>>September 25, 2023 | finance.yahoo.comAlcoa Names a New CEO, and Shares DropSeptember 25, 2023 | finance.yahoo.comWho is Alcoa's new CEO?September 25, 2023 | seekingalpha.comAlcoa Corporation Is Still Not Cheap EnoughSeptember 25, 2023 | marketwatch.com: Alcoa’s stock rocked after unexpected CEO transitionSeptember 25, 2023 | uk.news.yahoo.comAlcoa names William Oplinger new President, CEOSeptember 28, 2023 | Behind the Markets (Ad)6.5 Million Americans Are DESPERATE for This New Drug from One Tiny CompanyDecades of pent-up demand for this "first-ever" treatment could give you WINDFALL PROFITS... Click here to learn more >>>September 25, 2023 | bizjournals.comAlcoa names new CEOSeptember 25, 2023 | msn.comStocks making the biggest moves midday: Alcoa, Nio, Williams-Sonoma, Chefs' Warehouse and moreSeptember 25, 2023 | proactiveinvestors.comAlcoa stock slumps following CEO changeSeptember 25, 2023 | msn.comAlcoa Surprises With a New CEO. The Stock Is Dropping.September 25, 2023 | msn.comAlcoa Names New CEO; Shares Slide IntradaySeptember 25, 2023 | benzinga.comAlcoa Stock Is Trading Lower Monday: What's Going On?September 25, 2023 | msn.comAlcoa names COO William F. Oplinger as CEOSeptember 25, 2023 | markets.businessinsider.comAlcoa Promotes William Oplinger To CEOSeptember 25, 2023 | msn.comAlcoa names Oplinger as new President and CEOSeptember 25, 2023 | finance.yahoo.comAlcoa Announces Leadership TransitionSeptember 23, 2023 | americanbankingnews.comMorgan Stanley Trims Alcoa (NYSE:AA) Target Price to $28.00September 22, 2023 | americanbankingnews.comAlcoa Co. (NYSE:AA) Receives Average Rating of "Hold" from AnalystsSeptember 20, 2023 | msn.comFormer Alcoa star recruited by Tennessee to suit up against the VolsSeptember 20, 2023 | msn.comWant an Amazon warehouse job? When and where you can apply at the Alcoa fulfilment centerSeptember 19, 2023 | msn.comTopside Road closes due to water breakSeptember 15, 2023 | msn.comDowned utility lines cause delays on Alcoa HighwaySeptember 15, 2023 | msn.comJP Morgan Maintains Alcoa (AA) Neutral RecommendationSeptember 15, 2023 | markets.businessinsider.comJ.P. Morgan Reaffirms Their Hold Rating on Alcoa (AA)See More Headlines Receive AA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alcoa and its competitors with MarketBeat's FREE daily newsletter. Email Address AA Company Calendar Last Earnings7/19/2023Ex-Dividend for 8/24 Dividend8/07/2023Dividend Payable8/24/2023Today9/28/2023Next Earnings (Estimated)10/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Primary aluminum Sub-IndustryAluminum SectorIndustrial Products Current SymbolNYSE:AA CUSIP01381710 CIK1675149 Webwww.alcoa.com Phone(412) 315-2900FaxN/AEmployees13,100Year Founded1888Price Target and Rating Average Stock Price Forecast$37.82 High Stock Price Forecast$52.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+44.3%Consensus RatingHold Rating Score (0-4)2.09 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($8.16) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-123,000,000.00 Net Margins-13.37% Pretax Margin-11.48% Return on Equity-4.36% Return on Assets-1.97% Debt Debt-to-Equity Ratio0.28 Current Ratio1.80 Quick Ratio0.87 Sales & Book Value Annual Sales$12.45 billion Price / Sales0.38 Cash Flow$8.38 per share Price / Cash Flow3.13 Book Value$37.24 per share Price / Book0.70Miscellaneous Outstanding Shares178,450,000Free FloatN/AMarket Cap$4.68 billion OptionableOptionable Beta2.46 Social Links The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Roy C. Harvey (Age 48)Pres, CEO & Director Comp: $2.36MMr. William F. Oplinger (Age 56)Exec. VP & COO Comp: $1.21MMs. Molly S. Beerman (Age 59)Exec. VP & CFO Mr. James DwyerVP of Investor RelationsMr. Andrew HastingsExec. VP & Gen. CounselMs. Tammi A. Jones (Age 43)Exec. VP & Chief HR Officer Mr. Renato Bacchi (Age 46)Exec. VP & Chief Commercial Officer Ms. Heather HudakSr. VP of TaxMs. Marissa P. EarnestSr. VP, Chief Governance Counsel & Sec.Mr. Louis LangloisSr. VP & TreasurerMore ExecutivesKey CompetitorsZurn Elkay Water SolutionsNYSE:ZWSSilganNYSE:SLGNSealed AirNYSE:SEEValmont IndustriesNYSE:VMICasella Waste SystemsNASDAQ:CWSTView All CompetitorsInsiders & InstitutionsBarclays PLCBought 924,934 shares on 9/21/2023Ownership: 0.626%Wolverine Trading LLCSold 6,100 shares on 8/23/2023Ownership: 0.000%Comerica BankBought 218,983 shares on 8/22/2023Ownership: 0.123%Teachers Retirement System of The State of KentuckyBought 2,967 shares on 8/21/2023Ownership: 0.018%Osaic Holdings Inc.Bought 2,827 shares on 8/21/2023Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions AA Stock - Frequently Asked Questions Should I buy or sell Alcoa stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alcoa in the last year. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AA, but not buy additional shares or sell existing shares. View AA analyst ratings or view top-rated stocks. What is Alcoa's stock price forecast for 2023? 11 brokers have issued 12 month target prices for Alcoa's shares. Their AA share price forecasts range from $25.00 to $52.00. On average, they anticipate the company's share price to reach $37.82 in the next twelve months. This suggests a possible upside of 44.3% from the stock's current price. View analysts price targets for AA or view top-rated stocks among Wall Street analysts. How have AA shares performed in 2023? Alcoa's stock was trading at $45.47 at the beginning of 2023. Since then, AA shares have decreased by 42.3% and is now trading at $26.2150. View the best growth stocks for 2023 here. Are investors shorting Alcoa? Alcoa saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 10,520,000 shares, a decrease of 12.3% from the August 31st total of 12,000,000 shares. Based on an average daily trading volume, of 5,810,000 shares, the short-interest ratio is currently 1.8 days. Approximately 6.0% of the company's shares are short sold. View Alcoa's Short Interest. When is Alcoa's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023. View our AA earnings forecast. How were Alcoa's earnings last quarter? Alcoa Co. (NYSE:AA) posted its earnings results on Wednesday, July, 19th. The industrial products company reported ($0.35) EPS for the quarter, topping the consensus estimate of ($0.59) by $0.24. The industrial products company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.68 billion. Alcoa had a negative net margin of 13.37% and a negative trailing twelve-month return on equity of 4.36%. Alcoa's revenue was down 26.3% on a year-over-year basis. During the same period last year, the firm posted $2.67 earnings per share. How often does Alcoa pay dividends? What is the dividend yield for Alcoa? Alcoa declared a quarterly dividend on Thursday, July 27th. Shareholders of record on Tuesday, August 8th will be paid a dividend of $0.10 per share on Thursday, August 24th. This represents a $0.40 annualized dividend and a yield of 1.53%. The ex-dividend date is Monday, August 7th. Read our dividend analysis for AA. What ETFs hold Alcoa's stock? ETFs with the largest weight of Alcoa (NYSE:AA) stock in their portfolio include SPDR S&P Metals & Mining ETF (XME), Direxion Daily Metals & Mining Bull 2X Shares (MNM), BNY Mellon Women's Opportunities ETF (BKWO), Optica Rare Earths & Critical Materials ETF (CRIT), iShares U.S. Basic Materials ETF (IYM), First Trust Materials AlphaDEX Fund (FXZ), Global X U.S. Infrastructure Development ETF (PAVE) and iShares MSCI Global Metals & Mining Producers ETF (PICK). Is Alcoa a good dividend stock? Alcoa (NYSE:AA) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.50%. Read our dividend analysis for AA. How will Alcoa's stock buyback program work? Alcoa announced that its Board of Directors has approved a share repurchase plan on Thursday, October 14th 2021, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued. What other stocks do shareholders of Alcoa own? Based on aggregate information from My MarketBeat watchlists, some companies that other Alcoa investors own include Bank of America (BAC), General Electric (GE), Micron Technology (MU), Ford Motor (F), Intel (INTC), Advanced Micro Devices (AMD), Alibaba Group (BABA), Citigroup (C), NVIDIA (NVDA) and AT&T (T). What is Alcoa's stock symbol? Alcoa trades on the New York Stock Exchange (NYSE) under the ticker symbol "AA." Who are Alcoa's major shareholders? Alcoa's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (14.58%), BlackRock Inc. (11.91%), State Street Corp (4.59%), Bank of New York Mellon Corp (4.22%), Dimensional Fund Advisors LP (1.95%) and Franklin Resources Inc. (1.86%). Insiders that own company stock include Benjamin D Kahrs, Harden Sonya Elam, James E Nevels, Jeffrey D Heeter, John D Slaven, Molly S Beerman, Roy Christopher Harvey, Tammi A Jones, Timothy D Reyes and William F Oplinger. View institutional ownership trends. How do I buy shares of Alcoa? Shares of AA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Alcoa's stock price today? One share of AA stock can currently be purchased for approximately $26.22. How much money does Alcoa make? Alcoa (NYSE:AA) has a market capitalization of $4.68 billion and generates $12.45 billion in revenue each year. The industrial products company earns $-123,000,000.00 in net income (profit) each year or ($8.16) on an earnings per share basis. How many employees does Alcoa have? The company employs 13,100 workers across the globe. Does Alcoa have any subsidiaries? The following companies are subsidiares of Alcoa: Alcan, Alcoa Alumínio S.A., Alcoa Australian Holdings Pty Ltd, Alcoa Nederland Holding B.V., Alcoa USA Corp, Alcoa USA Holding Company, Alcoa of Australia Limited, Alumax, Aluminerie Lauralco S.À.R.L., Baco Consumer Products, Cordant, Firth Rixson, Howmet Corp., MCG Closures, Noyes Fiber Systems, Orkla, RTI International Metals Inc., Southern Plastics, TITAL, and Traco.Read More How can I contact Alcoa? Alcoa's mailing address is 201 ISABELLA STREET SUITE 500, PITTSBURGH PA, 15212. The official website for the company is www.alcoa.com. The industrial products company can be reached via phone at (412) 315-2900 or via email at james.dwyer@alcoa.com. This page (NYSE:AA) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alcoa Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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