Alcoa Corp (NYSE:AA) has a beta value of 2.26 and has seen 1.21 million shares traded in the recent trading session. The company, currently valued at $7.35B, closed the recent trade at $28.37 per share which meant it lost -$0.43 on the day or -1.48% during that session. The AA stock price is -68.38% off its 52-week high price of $47.77 and 24.11% 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 5.58 million shares traded. The 3-month trading volume is 6.68 million shares.
The consensus among analysts is that Alcoa Corp (AA) is Hold stock at the moment, with a recommendation rating of 1.77. 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 0.59.
Alcoa Corp (NYSE:AA) trade information
Sporting -1.48% 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 $28.37 or saw a rise of 2.78%. Year-to-date, Alcoa Corp shares have moved -29.77%, while the 5-day performance has seen it change -1.20%. Over the past 30 days, the shares of Alcoa Corp (NYSE:AA) have changed 1.09%. Short interest in the company has seen 10.23 million shares shorted with days to cover at 1.65.
Wall Street analysts have a consensus price target for the stock at $31, which means that the shares’ value could jump 8.48% from the levels at last check today.. The projected low price target is $31.0 while the price target rests at a high of $31.0. In that case, then, we find that the latest price level in today’s session is -9.27% off the targeted high while a plunge would see the stock gain -9.27% from the levels at last check today..
Alcoa Corp (AA) estimates and forecasts
The company’s shares have lost -22.52% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 5.24%.
7 analysts offering their estimates for the company have set an average revenue estimate of 2.94B for the current quarter. 5 have an estimated revenue figure of 3.01B 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 grow by 1.16% for the current quarter and 5.24% for the next.
Earnings growth for 2025 is a modest 149.65% while over the next 5 years, the company’s earnings are expected to increase by 39.02%.
AA Dividends
Alcoa Corp is expected to release its next earnings report on 2025-Apr-16 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 1.41%. The company’s dividend yield has gone up over the past 12 months.
Alcoa Corp (NYSE:AA)’s Major holders
Insiders own 0.45% of the company shares, while shares held by institutions stand at 76.99% with a share float percentage of 77.34%. Investors are also buoyed by the number of investors in a company, with Alcoa Corp having a total of 705.0 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 Apr 30, 2025 , the former fund manager holds about 3.23% shares in the company for having 8.36 shares of worth $236.86 million while later fund manager owns 8.17 shares of worth $231.33 million as of Mar 31, 2025 , which makes it owner of about 3.16% of company’s outstanding stock.