In today’s recent session, 1.0 million shares of the Alcoa Corp (NYSE:AA) have been traded, and its beta is 2.26. Most recently the company’s share price was $29.32, and it changed around $0.31 or 1.07% from the last close, which brings the market valuation of the company to $7.59B. AA at last check was trading at a discount to its 52-week high of $47.77, offering almost -62.93% off that amount. The share price’s 52-week low was $21.53, which indicates that the recent value has risen by an impressive 26.57% since then.
Alcoa Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.77. If we narrow it down even further, the data shows that 0 out of 14 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 4 recommended AA as a Hold, whereas 7 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 1.07% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 30.02 on recent trading dayincreased the stock’s daily price by 2.33%. The company’s shares are currently down -22.39% year-to-date, but still up 1.95% over the last five days. On the other hand, Alcoa Corp (NYSE:AA) is -0.27% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $31, which translates to bulls needing to increase their stock price by 5.42% from its current value. Analyst projections state that AA is forecast to be at a low of $31 and a high of $31.
Alcoa Corp earnings are expected to increase by 164.15% in 2025, but the outlook is positive 42.92% per year for the next five years.
AA Dividends
Alcoa Corp’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 1.36 percent and its annual dividend per share was 0.40. It is important to note, however, that the 1.36% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
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.
