TSE:ALC

Algoma Central Co. (ALC.TO) Stock Forecast, Price & News

C$13.98

-0.22 (-1.55 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

C$13.96

Now: C$13.98▼

C$14.52

50-Day Range

C$12.60

MA: C$14.19▼

C$16.07

52-Week Range

C$7.01

Now: C$13.98▼

C$16.17

Volume119,176 shs

Average Volume23,194 shs

Market CapitalizationC$528.46 million

P/E Ratio26.43

Dividend Yield3.66%

BetaN/A

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 11 self-unloading bulk carriers and 8 gearless bulk carriers; and owns and manages eight double-hull product 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 ship repair services; and management services to third parties, as well as owns a shopping center and an apartment building located in Sault Ste. Marie, Ontario. The company was formerly known as Algoma Central Railway and changed its name to Algoma Central Corporation in 1990. Algoma Central Corporation was founded in 1899 and is headquartered in St. Catharines, Canada.

Overall MarketRank^™

1.12 out of 5 stars

1.0 Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of C$15.75, Algoma Central Co. (ALC.TO) has a forecasted upside of 12.7% from its current price of C$13.98.
Amount of Analyst Coverage
Algoma Central Co. (ALC.TO) has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
Algoma Central Co. (ALC.TO) has received 83 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Algoma Central Co. (ALC.TO) has received 86 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Algoma Central Co. (ALC.TO) has received 50.89% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Algoma Central Co. (ALC.TO) and other stocks. Vote “Outperform” if you believe ALC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ALC will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Algoma Central Co. (ALC.TO) pays a meaningful dividend of 3.66%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Algoma Central Co. (ALC.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Algoma Central Co. (ALC.TO) is 98.30%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Algoma Central Co. (ALC.TO) insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Algoma Central Co. (ALC.TO) is 26.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Algoma Central Co. (ALC.TO) is 26.43, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 30.82.
Price to Book Value per Share Ratio
Algoma Central Co. (ALC.TO) has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Shipping & Ports

Sub-IndustryN/A

SectorIndustrials

Current SymbolTSE:ALC

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.algonet.com

Phone+1-905-6877888

Employees1,600

Debt

Debt-to-Equity Ratio54.17

Current Ratio0.31

Quick Ratio0.25

Price-To-Earnings

Trailing P/E Ratio26.43

Forward P/E Ratio11.27

P/E GrowthN/A

Sales & Book Value

Annual SalesC$560.35 million

Price / Sales0.94

Cash FlowC$0.36 per share

Price / Cash Flow39.16

Book ValueC$17.09 per share

Price / Book0.82

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares37,800,900

Market CapC$528.46 million

Next Earnings Date2/26/2021 (Estimated)

OptionableNot Optionable

C$13.98

-0.22 (-1.55 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Algoma Central Co. (ALC.TO) (TSE:ALC) Frequently Asked Questions

How has Algoma Central Co. (ALC.TO)'s stock been impacted by COVID-19?

Algoma Central Co. (ALC.TO)'s stock was trading at C$10.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ALC stock has increased by 33.3% and is now trading at C$13.98.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Algoma Central Co. (ALC.TO)?

Wall Street analysts have given Algoma Central Co. (ALC.TO) a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Algoma Central Co. (ALC.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Algoma Central Co. (ALC.TO)'s next earnings date?

Algoma Central Co. (ALC.TO) is scheduled to release its next quarterly earnings announcement on Friday, February 26th 2021.
View our earnings forecast for Algoma Central Co. (ALC.TO).

How were Algoma Central Co. (ALC.TO)'s earnings last quarter?

Algoma Central Co. (ALC.TO) (TSE:ALC) announced its quarterly earnings results on Wednesday, November, 4th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.21. The company earned $155 million during the quarter, compared to analyst estimates of $152.70 million.
View Algoma Central Co. (ALC.TO)'s earnings history.

How often does Algoma Central Co. (ALC.TO) pay dividends? What is the dividend yield for Algoma Central Co. (ALC.TO)?

Algoma Central Co. (ALC.TO) announced a quarterly dividend on Wednesday, November 4th. Investors of record on Tuesday, November 17th will be paid a dividend of 0.13 per share on Tuesday, December 1st. This represents a $0.52 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Monday, November 16th.
View Algoma Central Co. (ALC.TO)'s dividend history.

Is Algoma Central Co. (ALC.TO) a good dividend stock?

Algoma Central Co. (ALC.TO) pays an annual dividend of C$0.52 per share and currently has a dividend yield of 3.66%. The dividend payout ratio of Algoma Central Co. (ALC.TO) is 98.30%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Algoma Central Co. (ALC.TO)'s dividend history.

What price target have analysts set for ALC?

0 Wall Street analysts have issued twelve-month target prices for Algoma Central Co. (ALC.TO)'s shares. Their forecasts range from C$15.50 to C$16.00. On average, they expect Algoma Central Co. (ALC.TO)'s share price to reach C$15.75 in the next year. This suggests a possible upside of 12.7% from the stock's current price.
View analysts' price targets for Algoma Central Co. (ALC.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Algoma Central Co. (ALC.TO)'s key competitors?

Some companies that are related to Algoma Central Co. (ALC.TO) include Hamburger Hafen und Logistik Aktiengesellschaft (HHFA.F) (HHFA), Clarkson PLC (CKN.L) (CKN), Irish Continental Group plc (ICGC.L) (ICGC), Ocean Wilsons Holdings Limited (OCN.L) (OCN), Logistec (LGT.B), Global Ports Holding Plc (GPH.L) (GPH), Sutton Harbour Group plc (SUH.L) (SUH), Boston Carriers (BSTN), FreeSeas (FREEF), Hapag-Lloyd Aktiengesellschaft (HLAG.F) (HLAG), International Container Terminal Services (ICTEF) and Stolt-Nielsen (SOIEF).
View all of ALC's competitors.

What other stocks do shareholders of Algoma Central Co. (ALC.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Algoma Central Co. (ALC.TO) investors own include Air Canada (AC.TO) (AC), BCE Inc. (BCE.TO) (BCE), Chorus Aviation Inc. (CHR.TO) (CHR), Extendicare Inc. (EXE.TO) (EXE), Aurora Cannabis Inc. (ACB.TO) (ACB), Algonquin Power & Utilities Corp. (AQN.TO) (AQN), Brookfield Infrastructure Partners (BIP.UN), Chemtrade Logistics Income Fund (CHE.UN), Crombie Real Estate Investment Trust (CRR.UN) and Cominar REIT (CUF.UN).

Who are Algoma Central Co. (ALC.TO)'s key executives?

Algoma Central Co. (ALC.TO)'s management team includes the following people:

Mr. Gregg A. Ruhl, Pres & CEO
Mr. Peter D. Winkley C.A., CPA, CPA, CA, 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. Christopher A. L. Lazarz C.A., CPA, CPA, CA, Vice-Pres of Corp. Fin.
Mr. Fredrik Hanson, Vice -Pres of Fin. & Admin.
Mr. Jeffrey M. DeRosario P.Eng., Assistant Vice-Pres of Marketing
Ms. Cathy Smith, Assistant Vice-Pres of HR
Mr. Thomas G. Siklos, VP of Real Estate

What is Algoma Central Co. (ALC.TO)'s stock symbol?

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

How do I buy shares of Algoma Central Co. (ALC.TO)?

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.

What is Algoma Central Co. (ALC.TO)'s stock price today?

One share of ALC stock can currently be purchased for approximately C$13.98.

How big of a company is Algoma Central Co. (ALC.TO)?

Algoma Central Co. (ALC.TO) has a market capitalization of C$528.46 million and generates C$560.35 million in revenue each year. Algoma Central Co. (ALC.TO) employs 1,600 workers across the globe.

What is Algoma Central Co. (ALC.TO)'s official website?

The official website for Algoma Central Co. (ALC.TO) is www.algonet.com.

How can I contact Algoma Central Co. (ALC.TO)?

Algoma Central Co. (ALC.TO)'s mailing address is 63 Church St Suite 600, ST. CATHARINES, ON L2R 3C4, Canada. The company can be reached via phone at +1-905-6877888.

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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