Alcoa Corporation produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Brazil, Canada, and internationally. The company operates through Bauxite, Alumina, and Aluminum segments. It engages in bauxite mining operations; processes bauxite into alumina and sells bauxite to customers who process it into industrial chemical products. The company is also involved in the aluminum smelting, casting, and rolling businesses; and the production of aluminum sheets primarily sold directly to customers in the packaging end market for the production of aluminum cans. In addition, it owns generation and transmission assets that produce and sell electric energy and ancillary services in the United States and Brazilian wholesale energy markets. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.
Industry, Sector and Symbol
Industry Primary aluminum
Sub-IndustryAluminum
SectorIndustrial Products
Phone412-315-2900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$13.40 billion
Profitability
Miscellaneous
Employees14,600
OptionableOptionable
Alcoa (NYSE:AA) Frequently Asked Questions
What is Alcoa's stock symbol?
Alcoa trades on the New York Stock Exchange (NYSE) under the ticker symbol "AA."
How will Alcoa's stock buyback program work?
Alcoa declared that its Board of Directors has authorized a share repurchase program on Wednesday, October 17th 2018, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 2.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.
How were Alcoa's earnings last quarter?
Alcoa Corp (NYSE:AA) released its quarterly earnings results on Wednesday, January, 16th. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.16. The industrial products company had revenue of $3.34 billion for the quarter, compared to analyst estimates of $3.31 billion. Alcoa had a net margin of 1.69% and a return on equity of 9.24%. The firm's revenue for the quarter was up 5.4% on a year-over-year basis. During the same period last year, the company earned $1.04 EPS. View Alcoa's Earnings History.
When is Alcoa's next earnings date?
What price target have analysts set for AA?
14 equities research analysts have issued 12 month price objectives for Alcoa's stock. Their forecasts range from $33.00 to $70.00. On average, they anticipate Alcoa's stock price to reach $53.6429 in the next twelve months. This suggests a possible upside of 89.8% from the stock's current price. View Analyst Price Targets for Alcoa.
What is the consensus analysts' recommendation for Alcoa?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alcoa in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alcoa.
Has Alcoa been receiving favorable news coverage?
Media coverage about AA stock has trended negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alcoa earned a news impact score of -2.8 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of Alcoa's key competitors?
Some companies that are related to Alcoa include Stanley Black & Decker (SWK), SANDVIK AB/ADR (SDVKY), Ball (BLL), W W Grainger (GWW), Kubota (KUBTY), Ferguson (FERGY), Cimic Group (CIM), Tenaris (TS), Dover (DOV), Xylem (XYL), BRAMBLES LTD/S (BXBLY), ASHTEAD GRP PLC/ADR (ASHTY), Amcor Limited ADS (AMCRY), TORAY INDUSTRIE/ADR (TRYIY) and IDEX (IEX).
Who are Alcoa's key executives?
Alcoa's management team includes the folowing people:
- Mr. Roy C. Harvey, Pres, CEO & Director (Age 44)
- Mr. William F. Oplinger, Exec. VP & CFO (Age 52)
- Ms. Leigh Ann C. Fisher, Chief Admin. Officer & Exec. VP (Age 52)
- Mr. Jeffrey D. Heeter, Exec. VP, Gen. Counsel & Sec. (Age 53)
- Mr. Tómas Már Sigurdsson, Sr. VP of Strategic Alliances (Age 50)
Who are Alcoa's major shareholders?
Alcoa's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.11%), Dimensional Fund Advisors LP (2.52%), Geode Capital Management LLC (1.03%), Northern Trust Corp (0.92%), Bank of New York Mellon Corp (0.65%) and Prudential Financial Inc. (0.58%). 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.
Which institutional investors are selling Alcoa stock?
AA stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bank of Montreal Can, Canada Pension Plan Investment Board, Bank of Nova Scotia, Neuburgh Advisers LLC, Flinton Capital Management LLC, Prime Capital Investment Advisors LLC and Jennison Associates LLC. View Insider Buying and Selling for Alcoa.
Which institutional investors are buying Alcoa stock?
AA stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Prudential Financial Inc., Dimensional Fund Advisors LP, BlackRock Inc., Masters Capital Management LLC, Two Sigma Advisers LP, Macquarie Group Ltd. and Principal Financial Group Inc.. 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.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Alcoa's stock price today?
One share of AA stock can currently be purchased for approximately $28.27.
How big of a company is Alcoa?
Alcoa has a market capitalization of $5.27 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 14,600 workers across the globe.
What is Alcoa's official website?
How can I contact Alcoa?
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]
MarketBeat Community Rating for Alcoa (NYSE AA)
MarketBeat's community ratings are surveys of what our community members think about Alcoa and other stocks. Vote "Outperform" if you believe AA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AA will underperform the S&P 500 over the long term. You may vote once every thirty days.
