In the last trading session, 7.35 million Alcoa Corp (NYSE:AA) shares changed hands as the company’s beta touched 2.29. With the company’s per share price at $25.56 changed hands at -$0.15 or -0.58% during last session, the market valuation stood at $6.62B. AA’s last price was a discount, traded about -86.89% off its 52-week high of $47.77. The share price had its 52-week low at $21.53, which suggests the last value was 15.77% up since then. When we look at Alcoa Corp’s average trading volume, we note the 10-day average is 7.63 million shares, with the 3-month average coming to 5.90 million.
Analysts gave the Alcoa Corp (AA) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.71. If we narrow down to specifics, the data shows that 2 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended AA as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Alcoa Corp’s EPS for the current quarter is expected to be 0.83.
Alcoa Corp (NYSE:AA) trade information
Instantly AA was in red as seen at the end of in last trading. With action 9.70%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -32.35%, with the 5-day performance at 9.70% in the green. However, in the 30-day time frame, Alcoa Corp (NYSE:AA) is -20.08% down. Looking at the short shares, we see there were 15.37 million shares sold at short interest cover period of 2.36 days.
The consensus price target for the stock as assigned by Wall Street analysts is 50, meaning bulls need an upside of 48.88% from its current market value. According to analyst projections, AA’s forecast low is 37 with 95 as the target high. To hit the forecast high, the stock’s price needs a -271.67% plunge from its current level, while the stock would need to soar -44.76% for it to hit the projected low.
Alcoa Corp (AA) estimates and forecasts
Year-over-year growth is forecast to reach 4.85% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 2.96B. 5 analysts are of the opinion that Alcoa Corp’s revenue for the current quarter will be 2.96B. The company’s revenue for the corresponding quarters a year ago was 2.91B and 2.9B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.73%. The estimates for the next quarter sales put growth at 1.97%.
The 2025 estimates are for Alcoa Corp earnings to increase by 163.78%, but the outlook for the next 5-year period is at 42.92% per year.
AA Dividends
Alcoa Corp is expected to release its next quarterly earnings report on 2025-Apr-15. The 1.56% annual yield figure for the share gives it an annual dividend of 0.40. It is important to note, however, that the 1.56% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Alcoa Corp (NYSE:AA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.43% of Alcoa Corp shares while 76.50% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 76.83%. There are 76.50% institutions holding the Alcoa Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.9713% of the shares, roughly 17.95 million AA shares worth $713.98 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 9.5364% or 17.17 million shares worth $682.84 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 8.44 shares estimated at $215.69 million under it, the former controlled 3.26% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.14% of the shares, roughly 8.12 shares worth around $207.67 million.
