Algoma Central Corporation (TSX: ALC)

Canada flag Canada · Delayed Price · Currency is CAD
14.62
+0.22 (1.53%)
Dec 20, 2024, 3:59 PM EST
-0.54%
Market Cap 593.10M
Revenue (ttm) 696.15M
Net Income (ttm) 73.75M
Shares Out 40.57M
EPS (ttm) 1.84
PE Ratio 7.96
Forward PE 7.46
Dividend 0.76 (5.28%)
Ex-Dividend Date Nov 18, 2024
Volume 5,953
Open 14.54
Previous Close 14.40
Day's Range 14.30 - 14.66
52-Week Range 14.03 - 15.60
Beta 0.72
Analysts n/a
Price Target n/a
Earnings Date Feb 26, 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, 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 t... [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 2023, Algoma Central's revenue was 721.22 million, an increase of 6.38% compared to the previous year's 677.94 million. Earnings were 82.87 million, a decrease of -30.92%.

Financial Statements

News

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...

6 weeks 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...

6 weeks 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...

2 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...

2 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...

3 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...

3 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...

5 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...

5 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...

5 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...

5 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.

5 months ago - CBC News

Algoma Central declares CAD 0.19 dividend

7 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...

7 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....

8 months ago - Business Wire

Algoma Central reports Q1 results

Algoma Central Corporation reports a 2% decrease in Q1 revenues, with a net loss of $17,253 compared to $19,640 in 2023.

8 months ago - Seeking Alpha

Algoma Central Corporation Reports Financial Results for the 2024 First Quarter

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) ("Algoma", the "Company") today reported its results for the three months ended March 31, 2...

8 months ago - Business Wire

Algoma Central Corporation to Hold 2024 Annual General and Special Meeting of Shareholders on May 1, 2024

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) is pleased to announce that the 2024 Annual General and Special Meeting (the “Meeting”) of ...

8 months ago - Business Wire

Algoma Central Corporation Announces Renewal of Normal Course Issue Bid

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

9 months ago - Business Wire

Algoma Central Corporation Reports Financial Results for Fiscal 2023

ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) ("Algoma", the "Company") today reported its results for the year ended December 31, 2023. ...

10 months ago - Business Wire

Algoma Central Corporation to Issue Fiscal 2023 Financial Results on February 26, 2024

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

11 months ago - Business Wire

Algoma Central Corp Annual Shareholders Meeting Transcript

Algoma Central Corp Annual Shareholders Meeting Transcript

11 months ago - GuruFocus

Algoma Central Corporation Commits to Industry Leadership to Further Address Workplace Harassment

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

11 months ago - Business Wire

Algoma Central expands its product tanker business with acquisition of two additional vessels

Algoma Central (AGMJF) has acquired two 2009 built, 16,600 dwt product tankers from Norway’s Knutsen OAS Shipping, to strengthen its capacity. Initially, the vessels will be under bareboat.

1 year ago - Seeking Alpha

Algoma Central Corporation continues to grow product tanker business with the acquisition of two additional vessels

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

1 year ago - Business Wire