Alcoa Stock Price, News & Analysis (NYSE:AA)

Alcoa trades on the New York Stock Exchange (NYSE) under the ticker symbol "AA."

Alcoa announced that its Board of Directors has initiated a share repurchase plan on Wednesday, October 17th 2018, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 2.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Alcoa Corp (NYSE:AA) posted its quarterly earnings data on Wednesday, July, 17th. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.34) by $0.33. The industrial products company earned $2.71 billion during the quarter, compared to analyst estimates of $2.77 billion. Alcoa had a negative net margin of 4.92% and a positive return on equity of 2.78%. The company's revenue was down 24.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.52 EPS. View Alcoa's Earnings History.

Alcoa is scheduled to release their next quarterly earnings announcement on Wednesday, October 16th 2019. View Earnings Estimates for Alcoa.

Alcoa will be holding an earnings conference call on Wednesday, October 16th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

14 analysts have issued 12-month target prices for Alcoa's stock. Their predictions range from $20.00 to $52.00. On average, they anticipate Alcoa's share price to reach $32.3333 in the next year. This suggests a possible upside of 49.0% from the stock's current price. View Analyst Price Targets for Alcoa.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alcoa in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alcoa.

News articles about AA stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alcoa earned a news impact score of -1.3 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Alcoa.

Some companies that are related to Alcoa include W W Grainger (GWW), Amcor (AMCR), Rolls-Royce (RR), Dover (DOV), ASHTEAD GRP PLC/ADR (ASHTY), Xylem (XYL), Mitsubishi Heavy Industries (MHVYF), Tenaris (TS), IDEX (IEX), TORAY INDUSTRIE/ADR (TRYIY), BRAMBLES LTD/S (BXBLY), Zebra Technologies (ZBRA), James Hardie Industries (JHX), Cimic Group (CIM) and Melrose Industries (MRO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alcoa investors own include Bank of America (BAC), Micron Technology (MU), Ford Motor (F), General Electric (GE), Alibaba Group (BABA), Intel (INTC), Advanced Micro Devices (AMD), NVIDIA (NVDA), Citigroup (C) and Gilead Sciences (GILD).

Alcoa's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.28%), BlackRock Inc. (4.73%), Putnam Investments LLC (2.18%), Renaissance Technologies LLC (1.59%), Northern Trust Corp (0.91%) and Morgan Stanley (0.76%). Company insiders that own Alcoa stock include Arthur Brown, Sandy James Macdougall, Tomas Mar Sigurdsson and William F Oplinger. View Institutional Ownership Trends for Alcoa.

AA stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., AQR Capital Management LLC, Prudential Financial Inc., State of New Jersey Common Pension Fund D, Janus Henderson Group PLC, Janus Henderson Group PLC, MUFG Securities EMEA plc and SG Americas Securities LLC. View Insider Buying and Selling for Alcoa.

AA stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Investec Asset Management LTD, Renaissance Technologies LLC, Morgan Stanley, Connor Clark & Lunn Investment Management Ltd., Vanguard Group Inc., JPMorgan Chase & Co. and Bank of Montreal Can. Company insiders that have bought Alcoa stock in the last two years include Arthur Brown and Sandy James Macdougall. View Insider Buying and Selling for Alcoa.

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

One share of AA stock can currently be purchased for approximately $21.70.

Alcoa has a market capitalization of $4.03 billion and generates $13.40 billion in revenue each year. The industrial products company earns $227 million in net income (profit) each year or $3.58 on an earnings per share basis. Alcoa employs 14,000 workers across the globe.View Additional Information About Alcoa.

The official website for Alcoa is http://www.alcoa.com/.

Alcoa's mailing address is 201 ISABELLA STREET SUITE 500, PITTSBURGH PA, 15212. The industrial products company can be reached via phone at 412-315-2900 or via email at [email protected]