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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
The Collapse of 2022 Has Begun (Ad)pixel
Ship carrying grain for hungry Ethiopia leaves Ukraine
Former Deutsche Bank Co-CEO Anshu Jain dies
Saudi Aramco's profits already $88B as oil prices stay high
The Collapse of 2022 Has Begun (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
The Collapse of 2022 Has Begun (Ad)pixel
Ship carrying grain for hungry Ethiopia leaves Ukraine
Former Deutsche Bank Co-CEO Anshu Jain dies
Saudi Aramco's profits already $88B as oil prices stay high
The Collapse of 2022 Has Begun (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
The Collapse of 2022 Has Begun (Ad)pixel
Ship carrying grain for hungry Ethiopia leaves Ukraine
Former Deutsche Bank Co-CEO Anshu Jain dies
Saudi Aramco's profits already $88B as oil prices stay high
The Collapse of 2022 Has Begun (Ad)pixel
NYSE:AA

Alcoa - AA Stock Forecast, Price & News

$52.76
-0.51 (-0.96%)
(As of 08/12/2022 12:00 AM ET)
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Compare
Today's Range
$51.77
$53.43
50-Day Range
$40.81
$65.51
52-Week Range
$36.61
$98.09
Volume
4.26 million shs
Average Volume
5.87 million shs
Market Capitalization
$9.49 billion
P/E Ratio
10.37
Dividend Yield
0.76%
Price Target
$78.64

Alcoa MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
49.0% Upside
$78.64 Price Target
Short Interest
Healthy
4.24% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.47
Upright™ Environmental Score
News Sentiment
0.34mentions of Alcoa in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.30%
From $6.53 to $6.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Industrial Products Sector

38th out of 191 stocks

Primary Aluminum Industry

1st out of 2 stocks

AA stock logo

About Alcoa (NYSE:AA) Stock

Alcoa 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 1888 and is headquartered in Pittsburgh, Pennsylvania.

Alcoa Price Performance

AA traded down $0.51 on Friday, reaching $52.76. The company had a trading volume of 4,262,674 shares, compared to its average volume of 5,868,815. The business has a 50 day simple moving average of $48.57 and a 200 day simple moving average of $65.06. The company has a market cap of $9.49 billion, a price-to-earnings ratio of 10.37, a P/E/G ratio of 0.83 and a beta of 2.33. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.02 and a current ratio of 1.81. Alcoa has a 52-week low of $36.61 and a 52-week high of $98.09.

Alcoa (NYSE:AA - Get Rating) last announced its earnings results on Wednesday, July 20th. The industrial products company reported $2.67 earnings per share for the quarter, missing analysts' consensus estimates of $3.71 by ($1.04). The company had revenue of $3.64 billion during the quarter, compared to analysts' expectations of $3.48 billion. Alcoa had a net margin of 7.19% and a return on equity of 30.66%. The company's revenue for the quarter was up 28.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.49 earnings per share. As a group, sell-side analysts anticipate that Alcoa will post 6.53 EPS for the current year.

Alcoa Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 25th. Shareholders of record on Tuesday, August 9th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Monday, August 8th. Alcoa's dividend payout ratio (DPR) is presently 7.86%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on AA shares. Citigroup downgraded shares of Alcoa from a "buy" rating to a "neutral" rating and set a $84.00 target price on the stock. in a research report on Thursday, April 21st. Credit Suisse Group lowered their price objective on shares of Alcoa from $82.00 to $63.00 and set a "neutral" rating on the stock in a report on Tuesday, July 19th. B. Riley lowered their price objective on shares of Alcoa from $84.00 to $54.00 and set a "neutral" rating on the stock in a report on Tuesday, June 28th. The Goldman Sachs Group lowered their price objective on shares of Alcoa from $90.00 to $80.00 and set a "buy" rating on the stock in a report on Friday, July 22nd. Finally, BMO Capital Markets lowered their price objective on shares of Alcoa from $57.00 to $55.00 in a report on Thursday, July 21st. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $78.64.

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AA Stock News Headlines

MarketBeat: Week in Review 8/8 - 8/12 (AA)
The market is moving higher with "better than expected" inflation news providing the fuel. Here are some stocks we believe you should look at this week
Electric Vehicles Can Drive Alcoa Stock Higher
Global aluminum and materials products maker Alcoa (NYSE: AA) stock has fallen (-19%) for 2022. Inflationary pressures have cut into margins.
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Alcoa Is Well-Positioned For 2022 and 2023
Shares of Alcoa (NYSE: AA) are down nearly 50% from their high and they move lower but we don’t think they will go much lower. While aluminum prices are down sharply from their recent high the outlook for demand is expansionary.
Aluminum's Big Squeeze?
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Looking At Alcoa's Recent Whale Trades
Alcoa (NYSE:AA) PT Lowered to $55.00 at BMO Capital Markets
Alcoa (NYSE:AA) Shares Gap Up to $45.06
See More Headlines
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AA Company Calendar

Ex-Dividend for 6/3 Dividend
5/16/2022
Dividend Payable
6/03/2022
Last Earnings
7/20/2022
Ex-Dividend for 8/25 Dividend
8/08/2022
Today
8/14/2022
Dividend Payable
8/25/2022
Next Earnings (Estimated)
10/13/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Primary aluminum
Sub-Industry
Aluminum
CUSIP
01381710
Fax
N/A
Employees
12,200
Year Founded
1888

Price Target and Rating

Average Stock Price Forecast
$78.64
High Stock Price Forecast
$105.00
Low Stock Price Forecast
$51.00
Forecasted Upside/Downside
+49.0%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$429 million
Pretax Margin
15.67%

Debt

Sales & Book Value

Annual Sales
$12.15 billion
Cash Flow
$10.49 per share
Book Value
$40.53 per share

Miscellaneous

Free Float
N/A
Market Cap
$9.49 billion
Optionable
Optionable
Beta
2.33

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AA Stock - Frequently Asked Questions

Should I buy or sell Alcoa stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alcoa in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research 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 2022?

11 analysts have issued 12 month price targets for Alcoa's stock. Their AA share price forecasts range from $51.00 to $105.00. On average, they expect the company's share price to reach $78.64 in the next year. This suggests a possible upside of 49.0% 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 2022?

Alcoa's stock was trading at $59.58 on January 1st, 2022. Since then, AA stock has decreased by 11.4% and is now trading at $52.76.
View the best growth stocks for 2022 here
.

Are investors shorting Alcoa?

Alcoa saw a decline in short interest in July. As of July 31st, there was short interest totaling 7,560,000 shares, a decline of 19.1% from the July 15th total of 9,340,000 shares. Based on an average daily volume of 6,550,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 4.2% of the shares of the stock 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 Thursday, October 13th 2022.
View our AA earnings forecast
.

How were Alcoa's earnings last quarter?

Alcoa Co. (NYSE:AA) posted its quarterly earnings results on Wednesday, July, 20th. The industrial products company reported $2.67 earnings per share for the quarter, missing analysts' consensus estimates of $3.71 by $1.04. The industrial products company had revenue of $3.64 billion for the quarter, compared to analysts' expectations of $3.48 billion. Alcoa had a net margin of 7.19% and a trailing twelve-month return on equity of 30.66%. Alcoa's revenue for the quarter was up 28.6% on a year-over-year basis. During the same quarter last year, the company posted $1.49 EPS.

How often does Alcoa pay dividends? What is the dividend yield for Alcoa?

Alcoa declared a quarterly dividend on Thursday, July 28th. Investors of record on Tuesday, August 9th will be paid a dividend of $0.10 per share on Thursday, August 25th. This represents a $0.40 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Monday, August 8th.
Read our dividend analysis for AA
.

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 0.76%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AA will have a dividend payout ratio of 6.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AA.

How will Alcoa's stock buyback program work?

Alcoa announced that its board has approved a share buyback plan on Thursday, October 14th 2021, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 4.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its stock is 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 retail and institutional investors. Top institutional investors include FMR LLC (3.13%), Egerton Capital UK LLP (2.01%), Renaissance Technologies LLC (1.84%), Northern Trust Corp (1.14%), Assenagon Asset Management S.A. (0.95%) and Menora Mivtachim Holdings LTD. (0.87%). Insiders that own company stock include Benjamin D Kahrs, 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 $52.76.

How much money does Alcoa make?

Alcoa (NYSE:AA) has a market capitalization of $9.49 billion and generates $12.15 billion in revenue each year. The industrial products company earns $429 million in net income (profit) each year or $5.09 on an earnings per share basis.

How many employees does Alcoa have?

The company employs 12,200 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

When was Alcoa founded?

Alcoa was founded in 1888.

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 8/14/2022 by MarketBeat.com Staff

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