Alcoa Corp (NYSE:AA) has a beta value of 2.32 and has seen 1.38 million shares traded in the recent trading session. The company, currently valued at $5.94B, closed the recent trade at $22.94 per share which meant it lost -$0.38 on the day or -1.63% during that session. The AA stock price is -108.24% off its 52-week high price of $47.77 and 6.15% above the 52-week low of $21.53. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.4 million shares traded. The 3-month trading volume is 5.92 million shares.
The consensus among analysts is that Alcoa Corp (AA) is Hold stock at the moment, with a recommendation rating of 2.00. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 14 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.93.
Alcoa Corp (NYSE:AA) trade information
Sporting -1.63% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AA stock price touched $22.94 or saw a rise of 11.46%. Year-to-date, Alcoa Corp shares have moved -39.28%, while the 5-day performance has seen it change -7.31%. Over the past 30 days, the shares of Alcoa Corp (NYSE:AA) have changed -34.16%. Short interest in the company has seen 11.07 million shares shorted with days to cover at 2.23.
Wall Street analysts have a consensus price target for the stock at $50, which means that the shares’ value could jump 54.12% from the levels at last check today.. The projected low price target is $37.0 while the price target rests at a high of $95.0. In that case, then, we find that the latest price level in today’s session is -314.12% off the targeted high while a plunge would see the stock gain -61.29% from the levels at last check today..
Alcoa Corp (AA) estimates and forecasts
The company’s shares have lost -45.47% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 5.50%.
4 analysts offering their estimates for the company have set an average revenue estimate of 2.89B for the current quarter. 3 have an estimated revenue figure of 2.9B for the next ending quarter. Year-ago sales stood 2.91B and 2.9B respectively for this quarter and the next, and analysts expect sales will shrink by -0.48% for the current quarter and 5.50% for the next.
Earnings growth for 2025 is a modest 162.71% while over the next 5 years, the company’s earnings are expected to increase by 43.44%.
AA Dividends
Alcoa Corp is expected to release its next earnings report on 2025-Apr-15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.40 at a share yield of 1.74%. The company’s dividend yield has gone up over the past 12 months.
Alcoa Corp (NYSE:AA)’s Major holders
Insiders own 0.43% of the company shares, while shares held by institutions stand at 76.46% with a share float percentage of 76.79%. Investors are also buoyed by the number of investors in a company, with Alcoa Corp having a total of 718.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 17.95 million shares worth more than $713.98 million. As of 2024-06-30, VANGUARD GROUP INC held 9.9713% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 17.17 million shares as of 2024-06-30. The firm’s total holdings are worth over $682.84 million and represent 9.5364% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 3.26% shares in the company for having 8.44 shares of worth $194.43 million while later fund manager owns 8.12 shares of worth $187.19 million as of Dec 31, 2024 , which makes it owner of about 3.14% of company’s outstanding stock.
