Algoma Central Corporation (TSX: ALC)
Canada
· Delayed Price · Currency is CAD | Market Cap | 560.04M |
| Revenue (ttm) | 718.83M |
| Net Income (ttm) | 85.26M |
| Shares Out | 39.58M |
| EPS (ttm) | 2.02 |
| PE Ratio | 7.00 |
| Forward PE | 8.50 |
| Dividend | 0.74 (5.11%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 8,306 |
| Open | 14.42 |
| Previous Close | 14.45 |
| Day's Range | 14.41 - 14.60 |
| 52-Week Range | 14.14 - 15.75 |
| Beta | 0.72 |
| Analysts | n/a |
| Price Target | 22.25 (+53.55%) |
| Earnings Date | Aug 2, 2024 |
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]
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 -1.90%.
Financial StatementsNews
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....
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.
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...
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 ...
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...
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. ...
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...
Algoma Central Corp Annual Shareholders Meeting Transcript
Algoma Central Corp Annual Shareholders Meeting Transcript
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...
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.
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...
Algoma Central increases dividend by ~6%
Algoma Central (ALC:CA) declares CAD 0.19/share quarterly dividend, 5.6% increase from prior dividend of CAD 0.18. Forward yield 3.83% Payable March 1; for shar
Algoma Central Corporation Announces a 6% 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...
Algoma Central Corporation Named One of Hamilton-Niagara's Top Employers for the Second Year in a Row
ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) is proud to announce that it has been selected as one of Hamilton-Niagara's Top Employers f...
Algoma Central GAAP EPS of C$0.85, revenue of C$205.89M
Algoma Central press release (AGMJF): Q3 GAAP EPS of C$0.85. Revenue of C$205.89M (+3.3% Y/Y). The Company reported 2023 third quarter EBITDA of $68.24M compared to $73.60M for the same..
Algoma Central Corporation Reports Financial Performance for the 2023 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...
Algoma Central Corporation to Issue Third Quarter 2023 Financial Results on November 3, 2023
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 three and nine...
Algoma Central Corporation and Furetank Co-Order Two Additional Newbuilds
ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (“Algoma”) (TSX: ALC), today announced it has expanded its investment in the FureBear joint venture wi...
Algoma Central Corporation Reports Financial Performance for the 2023 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...
Algoma Central Corporation to Issue Second Quarter 2023 Financial Results on August 4, 2023
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 three and six ...
Algoma Central Corporation fuels domestic product tanker business with $127-million newbuild investment in partnership with Irving Oil
ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (“Algoma”) (TSX: ALC), today announced it has placed an order with Hyundai Mipo Shipyard in South Kore...
Algoma Central Corporation Announces Results of 2023 Annual General Meeting of Shareholders
ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX:ALC), held its Annual General Meeting of Shareholders on May 3, 2023. Each of the matters set out...
Algoma Central Corporation Reports Financial Performance for the 2023 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...
Algoma Central Corporation to Hold 2023 Annual General Meeting on May 3, 2023
ST. CATHARINES, Ontario--(BUSINESS WIRE)-- #yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) (TSX: ALC.DB.A) is pleased to announce that the 2023 Annual General Meeting (“Meeting”) of ...
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...