Alcoa Corporation (AA)
Market Cap | 9.78B |
Revenue (ttm) | 11.00B |
Net Income (ttm) | -292.00M |
Shares Out | 258.35M |
EPS (ttm) | -1.52 |
PE Ratio | n/a |
Forward PE | 7.77 |
Dividend | $0.40 (1.06%) |
Ex-Dividend Date | Oct 29, 2024 |
Volume | 5,414,374 |
Open | 36.40 |
Previous Close | 36.62 |
Day's Range | 36.29 - 38.30 |
52-Week Range | 24.86 - 47.77 |
Beta | 2.44 |
Analysts | Strong Buy |
Price Target | 46.33 (+22.44%) |
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 10 analysts, the average rating for AA stock is "Strong Buy." The 12-month stock price forecast is $46.33, which is an increase of 22.44% from the latest price.
News
AA Stockholders: Robbins LLP is Investigating the Officers and Directors of Alcoa Corporation to Determine if They Breached Fiduciary Duties Owed to Shareholders
SAN DIEGO , Dec. 18, 2024 /PRNewswire/ -- Shareholder rights law firm Robbins LLP is investigating Alcoa Corporation (NYSE: AA) to determine whether certain Alcoa officers and directors violated secur...
Chevron Australia signs long-term gas supply deal with Alcoa
U.S. oil giant Chevron's Australian unit said on Tuesday it would supply a total of 130 petajoules of gas to aluminium producer Alcoa over a 10-year period starting 2028.
Alcoa Corporation Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses
SAN DIEGO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Alcoa Corporation (NYSE: AA) or any of its executive officers violated securities laws by misrepresenting or f...
Robbins LLP Informs Alcoa Corporation Stockholders that it is Investigating the Officers and Directors of AA to Determine if They Breached Fiduciary Duties Owed to Shareholders
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating Alcoa Corporation (NYSE: AA) to determine whether certain Alcoa officers and directors violated se...
Alcoa Corporation (AA) Citi's 2024 Basic Materials Conference (Transcript)
Alcoa Corporation (NYSE:AA) Citi's 2024 Basic Materials Conference December 4, 2024 10:15 AM ET Company Participants Molly Beerman - EVP & CFO Conference Call Participants Jon Tower - Citi Jon Tower ...
Alcoa Joins First Suppliers Hub - Connecting Leading Companies with Low-Carbon Aluminum Technologies
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA, ASX: AAI) today announced that it has joined the World Economic Forum's First Suppliers Hub, a global repository of innovative suppliers provi...
Alcoa Executive Vice President and Chief Financial Officer Molly Beerman to participate in Citi's 2024 Basic Materials Conference
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation Executive Vice President and Chief Financial Officer Molly S. Beerman will participate in a live webcast session at the Citi 2024 Basic Materials Confere...
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...