×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
TSE:ALC

Algoma Central Stock Forecast, Price & News

C$16.04
+0.16 (+1.01%)
(As of 06/30/2022 12:00 AM ET)
Add
Compare
Today's Range
C$15.73
C$16.05
50-Day Range
C$15.20
C$17.36
52-Week Range
C$14.81
C$18.93
Volume
14,200 shs
Average Volume
7,049 shs
Market Capitalization
C$606.33 million
P/E Ratio
7.75
Dividend Yield
4.28%
Price Target
N/A

Algoma Central Stock Forecast (MarketRank)

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.96mentions of Algoma Central in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.18 out of 5 stars

30 days | 90 days | 365 days | Advanced Chart

Receive ALC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Algoma Central and its competitors with MarketBeat's FREE daily newsletter.

Algoma Central logo

About Algoma Central (TSE:ALC)

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway in Canada. The company operates in six segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, Investment Properties, and Corporate. It operates self-unloading bulk carriers; and owns and manages tankers for the transportation of liquid petroleum products throughout the Great Lakes, the St. Lawrence waterway, and the Atlantic Canada regions. The company also owns eight ocean-going self-unloading vessels that carry coal for power generation, crushed aggregates for construction, gypsum for wallboard manufacturing, iron ore for the steel industry, and salt for winter road safety. In addition, it provides management services to third parties, as well as owns a shopping center. It serves iron and steel, aggregate, cement and building material, and salt producers; agricultural product distributors; and oil refiners, wholesale distributors, and large consumers of petroleum products. The company was formerly known as Algoma Central Railway and changed its name to Algoma Central Corporation in 1990. Algoma Central Corporation was incorporated in 1899 and is headquartered in St. Catharines, Canada.

ALC Stock News Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Shipping & Ports
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,600
Year Founded
N/A

Company Calendar

Last Earnings
5/04/2022
Ex-Dividend for 6/1 Dividend
5/17/2022
Dividend Payable
6/01/2022
Today
7/01/2022
Next Earnings (Estimated)
8/04/2022

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$606.38 million
Cash Flow
C$2.30 per share
Book Value
C$16.39 per share

Miscellaneous

Free Float
N/A
Market Cap
C$606.33 million
Optionable
Not Optionable
Beta
N/A














Algoma Central Frequently Asked Questions

Should I buy or sell Algoma Central stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Algoma Central in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Algoma Central stock.
View analyst ratings for Algoma Central
or view top-rated stocks.

How has Algoma Central's stock performed in 2022?

Algoma Central's stock was trading at C$17.03 at the start of the year. Since then, ALC stock has decreased by 5.8% and is now trading at C$16.04.
View the best growth stocks for 2022 here
.

When is Algoma Central's next earnings date?

Algoma Central is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Algoma Central
.

How were Algoma Central's earnings last quarter?

Algoma Central Co. (TSE:ALC) issued its quarterly earnings results on Wednesday, May, 4th. The company reported ($0.52) earnings per share for the quarter, topping analysts' consensus estimates of ($0.53) by $0.01. The company had revenue of $85.10 million for the quarter, compared to the consensus estimate of $81.70 million.
View Algoma Central's earnings history
.

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

Algoma Central announced a quarterly dividend on Tuesday, May 17th. Investors of record on Wednesday, June 1st will be paid a dividend of 0.17 per share on Wednesday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date is Tuesday, May 17th.
View Algoma Central's dividend history
.

Is Algoma Central a good dividend stock?

Algoma Central(TSE:ALC) pays an annual dividend of C$0.68 per share and currently has a dividend yield of 4.28%. ALC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Algoma Central is 32.85%. This payout ratio is at a healthy, sustainable level, below 75%.
View Algoma Central's dividend history.

Who are Algoma Central's key executives?

Algoma Central's management team includes the following people:
  • Mr. Gregg A. Ruhl, Pres & CEO
  • Mr. Peter D. Winkley C.A., CPA, CA, CPA, Chief Fin. Officer
  • Mr. Brad L. Tiffin, Sr. Vice-Pres of Operations & Technical
  • Mr. J. Wesley Newton L.L.B., Sr. VP of Corp. Devel., Gen. Counsel & Sec.
  • Mr. Jeffrey M. DeRosario P.Eng., Vice-Pres of Marketing
  • Mr. Christopher A. L. Lazarz C.A., CPA, CPA, CA, Vice-Pres of Corp. Fin.
  • Mr. Fredrik Hanson, Vice -Pres of Fin. & Admin.
  • Ms. Cathy Smith, Vice-Pres of HR
  • Mr. Thomas G. Siklos, VP of Real Estate

What other stocks do shareholders of Algoma Central own?

What is Algoma Central's stock symbol?

Algoma Central trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ALC."

How do I buy shares of Algoma Central?

Shares of ALC and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Algoma Central's stock price today?

One share of ALC stock can currently be purchased for approximately C$16.04.

How much money does Algoma Central make?

Algoma Central (TSE:ALC) has a market capitalization of C$606.33 million and generates C$606.38 million in revenue each year.

How many employees does Algoma Central have?

Algoma Central employs 1,600 workers across the globe.

How can I contact Algoma Central?

Algoma Central's mailing address is 63 Church St Suite 600, ST. CATHARINES, ON L2R 3C4, Canada. The official website for Algoma Central is www.algonet.com. The company can be reached via phone at +1-905-6877888.

This page (TSE:ALC) was last updated on 7/2/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.