Alcoa Corporation (AA)
| Market Cap | 11.82B |
| Revenue (ttm) | 11.00B |
| Net Income (ttm) | -292.00M |
| Shares Out | 258.35M |
| EPS (ttm) | -1.52 |
| PE Ratio | n/a |
| Forward PE | 13.13 |
| Dividend | $0.40 (0.87%) |
| Ex-Dividend Date | Oct 29, 2024 |
| Volume | 3,844,277 |
| Open | 45.52 |
| Previous Close | 45.60 |
| Day's Range | 45.20 - 46.14 |
| 52-Week Range | 23.80 - 46.55 |
| Beta | 2.42 |
| Analysts | Buy |
| Price Target | 44.60 (-2.49%) |
| Earnings Date | Jan 15, 2025 |
About AA
Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ... [Read more]
Financial Performance
In 2023, Alcoa's revenue was $10.55 billion, a decrease of -15.26% compared to the previous year's $12.45 billion. Losses were -$651.00 million, 429.3% more than in 2022.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for AA stock is "Buy." The 12-month stock price forecast is $44.6, which is a decrease of -2.49% from the latest price.
News
Premium Resources Ltd. Announces Name Change
Toronto, Ontario--(Newsfile Corp. - November 18, 2024) - Premium Resources Ltd. (TSXV: PNRL) ("PRL" or the "Company") is pleased to announce that the Company has changed its name from "Premium Nickel ...
Alcoa CEO sees strong demand for aluminum in both near and long-term
William Oplinger, President and CEO of Alcoa, "welcomes the opportunity" to work with the incoming Trump administration and shares his outlook for aluminum prices.
1329293 B.C. Ltd. Announces Name Change to Auranova Resources Inc., Consolidation and Changes to Management and Board
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - 1329293 B.C. Ltd. (the "Company") is pleased to announce that the board of directors of the Company has approved, and the Company eff...
Millbank Mining Corp. Announces Name Change to Primary Hydrogen Corp.
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2024) - Further to its press release dated October 10, 2024, Millbank Mining Corp. (TSXV: MILL) (the "Company"), is pleased to announce that,...
European Energy Metals Corp. Announces Name Change to Grit Metals Corp.
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2024) - Further to its press release dated October 9, 2024, European Energy Metals Corp. (TSXV: FIN) (the "Company"), is pleased to announce ...
What's Next After Rally For Alcoa Stock?
Alcoa posted a better-than-expected set of Q3 2024 results, with EBITDA rising to $455 million, which is a 6.5x increase year-over-year. Alcoa stock has also fared well in the last 12 months, rising b...
Alcoa Corporation Welcomes Final Regulations on Advanced Manufacturing Production Credit
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) welcomes the U.S. Treasury Department's final regulations on the Section 45X Advanced Manufacturing Production Credit, enacted as pa...
Alcoa Ex-Dividend Reminder - 10/29/24
On 10/29/24, Alcoa will trade ex-dividend, for its quarterly dividend of $0.10, payable on 11/15/24. As a percentage of AA's recent stock price of $42.02, this dividend works out to approximately 0.24...
Alcoa Stock Looks Interesting On The Dip (Upgrade)
Alcoa's Q3 2024 earnings exceeded EPS forecasts, highlighting its strong operational performance and potential undervaluation, despite a recent stock price dip. I think the company benefits from sanct...
Alcoa Analysts Increase Their Forecasts After Upbeat Earnings
Alcoa Corporation AA reported better-than-expected earnings for the third quarter on Wednesday.
Dow Jumps Over 100 Points; Alcoa Profit Beats Estimates
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 100 points on Thursday.
Alcoa Corporation (AA) Q3 2024 Earnings Call Transcript
Alcoa Corporation (NYSE:AA) Q3 2024 Earnings Conference Call October 16, 2024 5:00 PM ET Company Participants Louis Langlois - SVP, Treasury & Capital Markets William Oplinger - President & CEO Molly...
Alcoa expects Q4 to be as strong as Q3, says CEO William Oplinger as shares spike after earnings
William Oplinger, Alcoa president and CEO, to talk earnings ahead of the investor call.
Alcoa Corporation Reports Third Quarter 2024 Results
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) today reported results for the third quarter 2024 that reflect the acquisition of Alumina Limited in addition to sequential increase...
Alcoa, Ignis close to signing joint funding deal for Spain aluminium plant
Alcoa said on Wednesday it was "progressing" toward a strategic cooperation agreement with Spanish renewable energy company Ignis to fund the operation of the U.S. metal producer's aluminium plant in ...
Alcoa and IGNIS EQT Progress Toward Strategic Agreement to Support Future of Alcoa San Ciprián Operations
PITTSBURGH--(BUSINESS WIRE)--Today, Alcoa Corporation (NYSE: AA, ASX: AAI) and IGNIS Equity Holdings, SL (IGNIS EQT), the majority shareholder in the IGNIS Group of Companies, a vertically integrated ...
Alcoa Corporation Declares Quarterly Cash Dividend
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company's common stock ...
Alcoa Announces Long-Term Alumina Supply Contract Extension with Aluminium Bahrain
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) today announced an agreement to supply up to 16.5 million tonnes of smelter grade alumina to Aluminium Bahrain B.S.C. (Alba) over 10...
West Oak Gold Announces Name Change to Silicon Metals, CUSIP & Symbol Change, Appointment of a New Corporate Secretary and Engagement of Omni8 Global for Investor Relations
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2024) - WEST OAK CORP. (CSE: WO) ("West Oak" or the "Company") is pleased to announce the changing of its corporate name to "Silicon Metals C...
Alcoa Foundation Contributes $1.8 Million to Teach For All to Launch Teacher Wellbeing Initiative
PITTSBURGH--(BUSINESS WIRE)--Alcoa Foundation announced today it is contributing $1.8 million across three years to Teach For All to expand mental health support and wellbeing initiatives in classroom...
Aluminum Forging Market Forecast to Reach $31.73 Billion by 2029 - Global Industry and Competition Analysis Featuring Alcoa Corporation, Bharat Forge, Kobe Steel & Other Key Players
Dublin, Oct. 03, 2024 (GLOBE NEWSWIRE) -- The "Aluminum Forging Market Analysis by Forging Type, End-user, and Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. Th...
BMEX Announces Name Change to Route 109 Resources Inc.
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M00) ("BMEX" or the "Company") announces that the Company will change its name to "Route 109 Resour...
Alcoa Schedules Third Quarter 2024 Earnings Release and Conference Call
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) plans to announce its third quarter 2024 financial results on Wednesday, October 16, 2024, after the close of trading on the New Yor...
Alcoa: American Industrial Giant On Improvement Track As Aluminum Demand, Price Grows
Alcoa has shown a turnaround as Q2 earnings improved, driven by aluminum's rising price and demand, and cost efficiencies implemented. The dividend has remained stable and should be sustainable as fut...
Alcoa: New Positives To Drive The Stock Higher
Alcoa's margin expansion and expected continued profitability through 2025 make it a promising investment with an attractive forward-looking valuation. Alcoa's acquisition of Alumina Limited further s...