In today’s recent session, 0.91 million shares of the Alcoa Corp (NYSE:AA) have been traded, and its beta is 2.30. Most recently the company’s share price was $25.08, and it changed around $0.07 or 0.30% from the last close, which brings the market valuation of the company to $6.49B. AA at last check was trading at a discount to its 52-week high of $47.77, offering almost -90.47% off that amount. The share price’s 52-week low was $21.53, which indicates that the recent value has risen by an impressive 14.15% since then. We note from Alcoa Corp’s average daily trading volume that its 10-day average is 8.65 million shares, with the 3-month average coming to 5.72 million.
Alcoa Corp stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 15 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 4 recommended AA as a Hold, whereas 8 deemed it a Buy, and 1 rated it as Underweight.
Alcoa Corp (NYSE:AA) trade information
Instantly AA has been showing a green trend so far today with a performance of 0.30% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 26.67 on recent trading dayincreased the stock’s daily price by 5.96%. The company’s shares are currently down -33.60% year-to-date, but still up 11.14% over the last five days. On the other hand, Alcoa Corp (NYSE:AA) is -27.90% down in the 30-day period. We can see from the shorts that 11.07 million shares have been sold at a short interest cover period of 2.23 day(s).
The consensus price target as assigned by Wall Street analysts is $50, which translates to bulls needing to increase their stock price by 49.84% from its current value. Analyst projections state that AA is forecast to be at a low of $45 and a high of $50.
Alcoa Corp earnings are expected to increase by 152.43% in 2025, but the outlook is positive 41.27% per year for the next five years.
AA Dividends
Alcoa Corp’s next quarterly earnings report is expected to be released on 2025-Jan-21. The annual dividend yield of the stock is 1.59 percent and its annual dividend per share was 0.40. It is important to note, however, that the 1.59% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Alcoa Corp (NYSE:AA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.43% of Alcoa Corp shares, and 76.58% of them are in the hands of institutional investors. The stock currently has a share float of 76.91%. Alcoa Corp stock is held by 719.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.9713% of the shares, which is about 17.95 million shares worth $713.98 million.
BLACKROCK INC., with 9.5364% or 17.17 million shares worth $682.84 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 8.44 shares worth $211.13 million, making up 3.26% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 8.12 shares worth around $203.28 million, which represents about 3.14% of the total shares outstanding.
