Alcoa Corporation (AA)

NYSE: AA · Real-Time Price · USD
37.84
+1.22 (3.33%)
Dec 20, 2024, 4:00 PM EST - Market closed
3.33%
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]

Industry Aluminum
Sector Materials
IPO Date Nov 1, 2016
Employees 13,600
Stock Exchange NYSE
Ticker Symbol AA
Full Company Profile

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 Statements

Analyst 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.

Price Target
$46.33
(22.44% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

2 days ago - PRNewsWire

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.

Other symbols: CVX
4 days ago - Reuters

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...

8 days ago - GlobeNewsWire

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...

9 days ago - GlobeNewsWire

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 ...

16 days ago - Seeking Alpha

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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 ...

4 weeks ago - Newsfile Corp

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.

5 weeks ago - CNBC International TV

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...

6 weeks ago - Newsfile Corp

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,...

6 weeks ago - Newsfile Corp

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 ...

7 weeks ago - Newsfile Corp

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...

7 weeks ago - Forbes

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...

2 months ago - Business Wire

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...

2 months ago - Forbes

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...

2 months ago - Seeking Alpha

Alcoa Analysts Increase Their Forecasts After Upbeat Earnings

Alcoa Corporation AA reported better-than-expected earnings for the third quarter on Wednesday.

2 months ago - Benzinga

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.

2 months ago - Benzinga

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...

2 months ago - Seeking Alpha

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.

2 months ago - CNBC Television

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...

2 months ago - Business Wire

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 ...

2 months ago - Reuters

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 ...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire