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TSE:ALC

Algoma Central (ALC) Stock Price, News & Analysis

C$14.75
+0.35 (+2.43%)
(As of 07/26/2024 ET)
Today's Range
C$14.33
C$14.86
50-Day Range
C$14.10
C$14.49
52-Week Range
C$14.07
C$15.75
Volume
10,900 shs
Average Volume
12,509 shs
Market Capitalization
C$582.92 million
P/E Ratio
7.13
Dividend Yield
5.15%
Price Target
C$19.50

Algoma Central MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
32.2% Upside
C$19.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of Algoma Central in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
C$1,410 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.00 out of 5 stars

ALC stock logo

About Algoma Central Stock (TSE:ALC)

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors. It also provides transportation services for liquid petroleum products throughout the Great Lakes, St. Lawrence Seaway, and Atlantic Canada regions. In addition, the company operates ocean self-unloading vessels; three global fleets, including fleet of specialized cement carriers, short sea mini bulkers, and hand-size bulkers; and provides specialized equipment or services on niche marine transportation markets. 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 Saint Catharines, Canada.

ALC Stock Price History

ALC Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Stocks in play: Algoma Central Corporation
Algoma Central Corp (ACH.DU)
Algoma Central Corp.
ALC:CA Algoma Central Corporation
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Algoma Central Corp ALC
Closing Bell: Algoma Central flat on Friday (ALC)
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 6/3 Dividend
5/16/2024
Dividend Payable
6/03/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/02/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
C$19.50
High Stock Price Target
C$19.50
Low Stock Price Target
C$19.50
Potential Upside/Downside
+33.1%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
C$85.26 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$718.83 million
Cash Flow
C$3.21 per share
Book Value
C$19.59 per share

Miscellaneous

Free Float
N/A
Market Cap
C$578.97 million
Optionable
Not Optionable
Beta
0.72
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Key Executives

  • Mr. Gregg A. Ruhl
    President, CEO & Director
  • Mr. Peter D. Winkley C.A.
    CPA, Executive VP & CFO
  • Mr. Stephen J. Wright
    Executive Vice-President of Operations & Technical
  • Mr. J. Wesley Newton L.L.B.
    Executive VP of Strategy & Business Development and Secretary
  • Mr. Christopher A. L. Lazarz C.A.
    CPA, Vice-President of Corporate Finance
  • Mr. Jeffrey M. DeRosario P.Eng.
    Vice-President of Marketing
  • Ms. Cathy Smith
    Vice-President of Human Resources
  • Mr. Thomas G. Siklos
    Vice President of Real Estate

ALC Stock Analysis - Frequently Asked Questions

How have ALC shares performed this year?

Algoma Central's stock was trading at C$14.95 at the start of the year. Since then, ALC stock has decreased by 1.3% and is now trading at C$14.75.
View the best growth stocks for 2024 here
.

How were Algoma Central's earnings last quarter?

Algoma Central Co. (TSE:ALC) posted its earnings results on Wednesday, May, 1st. The company reported ($0.44) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.64) by $0.20. The company had revenue of $109.21 million for the quarter, compared to the consensus estimate of $119 million. Algoma Central had a net margin of 11.86% and a trailing twelve-month return on equity of 11.50%.

How do I buy shares of Algoma Central?

Shares of ALC stock 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 other stocks do shareholders of Algoma Central own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Algoma Central investors own include Air Canada (AC), BCE (BCE), Chorus Aviation (CHR), Extendicare (EXE), Aurora Cannabis (ACB), Algonquin Power & Utilities (AQN) and Brookfield Infrastructure Partners (BIP.UN).

This page (TSE:ALC) was last updated on 7/26/2024 by MarketBeat.com Staff

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