Algoma Central Corporation (TSX:ALC)

Canada flag Canada · Delayed Price · Currency is CAD
14.94
-0.06 (-0.40%)
Apr 16, 2025, 1:59 PM EDT
-0.07%
Market Cap 608.52M
Revenue (ttm) 703.44M
Net Income (ttm) 91.64M
Shares Out 40.57M
EPS (ttm) 2.29
PE Ratio 6.56
Forward PE 7.61
Dividend 0.80 (5.33%)
Ex-Dividend Date Feb 14, 2025
Volume 1,700
Average Volume 10,197
Open 15.12
Previous Close 15.00
Day's Range 14.85 - 15.12
52-Week Range 14.03 - 15.60
Beta 0.38
RSI 50.78
Earnings Date May 2, 2025

About Algoma Central

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, and Global Short Sea Shipping segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, salt, and cement and building materials, as well as agricultural product distributors. It also provides transportation services for liquid petroleum products throughout the Great Lakes, St. Lawrence Seaw... [Read more]

Industry Marine Shipping
Sector Industrials
Founded 1899
Employees 1,600
Stock Exchange Toronto Stock Exchange
Ticker Symbol ALC
Full Company Profile

Financial Performance

In 2024, Algoma Central's revenue was 703.44 million, a decrease of -2.46% compared to the previous year's 721.22 million. Earnings were 91.64 million, an increase of 10.58%.

Financial Statements

News

Algoma Central Corporation to Hold 2025 Annual General Meeting of Shareholders on May 2, 2025

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) is pleased to announce that the 2025 Annual General Meeting (the “Meeting”) of Shareholders...

5 days ago - Business Wire

Algoma Central Corporation Announces Renewal of Normal Course Issuer Bid

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (“Algoma” or the “Company”) (TSX:ALC), a leading provider of marine transportation services, announced...

4 weeks ago - Business Wire

Algoma Central Corporation Takes Delivery of Three Vessels Within One Week

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (“Algoma”, “Company”) (TSX: ALC) has achieved a significant milestone, taking delivery of three new sh...

5 weeks ago - Business Wire

Algoma Central Corporation Reports Financial Results for Fiscal 2024

Renewed market demand, stable growth, and additional capacity led to strong year-end results and an optimistic yet cautious outlook for 2025. ST. CATHARINES, Ontario — Algoma Central Corporation (TSX:...

6 weeks ago - Financial Post

Algoma Central Corporation Reports Financial Results for Fiscal 2024

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) ("Algoma", the "Company") today reported its results for the year ended December 31, 2024. ...

6 weeks ago - Business Wire

Algoma Central Corporation to Issue Fiscal 2024 Financial Results on February 27, 2025

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) today announced it will report its financial results for the year ended December 31, 2024 b...

2 months ago - Business Wire

Algoma Central raises dividend by 5%

3 months ago - Seeking Alpha

Algoma Central Corporation Announces a 5% Increase in Quarterly Dividend

ST. CATHARINES, Ontario — Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced that the Company’s Board of Directors...

3 months ago - Financial Post

Algoma Central Corporation Announces a 5% Increase in Quarterly Dividend

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today an...

3 months ago - Business Wire

Algoma Central Corporation Reports Financial Results for the 2024 Third Quarter

Increased demand across certain sectors and expanded capacity drives a stronger quarter, signaling a promising close to the year ST. CATHARINES, Ontario — Algoma Central Corporation (TSX: ALC) (“Algom...

5 months ago - Financial Post

Algoma Central Corporation Reports Financial Results for the 2024 Third Quarter

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) ("Algoma", the "Company") today reported its results for the three and nine months ended Se...

5 months ago - Business Wire

Algoma Central Corporation to Issue Third Quarter Financial Results on November 4, 2024

ST. CATHARINES, Ontario — Algoma Central Corporation (TSX: ALC) today announced it will report its financial results for the three and nine months ended September 30, 2024 before market open on Novemb...

6 months ago - Financial Post

Algoma Central Corporation to Issue Third Quarter Financial Results on November 4, 2024

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) today announced it will report its financial results for the three and nine months ended Se...

6 months ago - Business Wire

Algoma Central Corporation Announces Retirement of CFO and Appointment of New CFO

ST. CATHARINES, Ontario — Algoma Central Corporation (“Algoma or “the Company”) (TSX: ALC) today announced that after 14 years of dedicated service as Chief Financial Officer with Algoma, Peter Winkle...

7 months ago - Financial Post

Algoma Central Corporation Announces Retirement of CFO and Appointment of New CFO

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (“Algoma or “the Company”) (TSX: ALC) today announced that after 14 years of dedicated service as Chie...

7 months ago - Business Wire

Algoma Central Corporation Reports Financial Results for the 2024 Second Quarter

Changing environments across key industrial sectors contributes to challenging quarter but outlook remains positive ST. CATHARINES, Ontario — Algoma Central Corporation (TSX: ALC) (“Algoma”, the “Comp...

9 months ago - Financial Post

Algoma Central Corporation Reports Financial Results for the 2024 Second Quarter

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) ("Algoma", the "Company") today reported its results for the three and six months ended Jun...

9 months ago - Business Wire

Algoma Central Corporation to Issue Second Quarter Financial Results on August 2, 2024

ST. CATHARINES, Ontario — Algoma Central Corporation (TSX: ALC) today announced it will report its financial results for the three and six months ended June 30, 2024 before market open on August 2, 20...

9 months ago - Financial Post

Algoma Central Corporation to Issue Second Quarter Financial Results on August 2, 2024

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) today announced it will report its financial results for the three and six months ended Jun...

9 months ago - Business Wire

Feds give St. Catharines shipping company $600k to study wind power, biofuels

Shipping is responsible for about a quarter of Canada’s greenhouse gas emissions. Algoma Central Corp. will use grants to research cleaner trade in Great Lakes, St. Lawrence Seaway.

9 months ago - CBC News

Algoma Central declares CAD 0.19 dividend

11 months ago - Seeking Alpha

Algoma Central Corporation Announces Convertible Debenture Conversion Price

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) (TSX: ALC.DB.A) announced today that following the second quarter dividend of $0.19 per com...

11 months ago - Business Wire

Algoma Central Corporation Announces Results of 2024 Annual General and Special Meeting of Shareholders

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX:ALC), held its Annual General and Special Meeting of Shareholders (the “Meeting”) on May 1, 2024....

1 year ago - Business Wire