Alcoa Corporation (AA)
| Market Cap | 7.64B |
| Revenue (ttm) | 10.48B |
| Net Income (ttm) | -672.00M |
| Shares Out | 179.56M |
| EPS (ttm) | -3.76 |
| PE Ratio | n/a |
| Forward PE | 36.40 |
| Dividend | $0.40 (0.94%) |
| Ex-Dividend Date | May 20, 2024 |
| Volume | 3,907,965 |
| Open | 41.17 |
| Previous Close | 41.12 |
| Day's Range | 41.02 - 42.83 |
| 52-Week Range | 23.07 - 42.78 |
| Beta | 2.45 |
| Analysts | Hold |
| Price Target | 35.29 (-17.12%) |
| Earnings Date | Apr 17, 2024 |
About AA
Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ... [Read more]
Financial Performance
In 2023, Alcoa's revenue was $10.55 billion, a decrease of -15.26% compared to the previous year's $12.45 billion. Losses were -$651.00 million, 429.3% more than in 2022.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for AA stock is "Hold." The 12-month stock price forecast is $35.29, which is a decrease of -17.12% from the latest price.
News
Alcoa Corporation Declares Quarterly Cash Dividend
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company's common stock, to be pai...
Alcoa President and Chief Executive Officer William Oplinger to Participate in BofA Securities 2024 Global Metals, Mining & Steel Conference
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation President and Chief Executive Officer William F. Oplinger will participate in a webcast session at the Bank of America Global Metals, Mining & Steel Conf...
Alcoa (AA) EVP & CFO on Aluminum Prices' Impact on Earnings
Alcoa's (AA) 1Q adjusted EPS came in at -$0.81 and revenue came in at $2.60B. EVP and CFO Molly Beerman joins Diane King Hall to give an overview of the company and discuss its recent earnings.
We're seeing strong demand growth in aluminum across all major markets: Alcoa CEO William Oplinger
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
Alcoa's first-quarter loss widens on lower prices, higher costs
Alcoa AA posted a wider loss in the first quarter after lower aluminum prices and higher production costs dented results.
Alcoa Corporation Reports First Quarter 2024 Results
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corp. reports 2024 first quarter results.
Aluminum, nickel prices surge after fresh sanctions on Russian metals
Prices for aluminum and nickel soared in London on Monday, and Alcoa shares jumped, following the ban on fresh trading of Russian-origin metals by U.S. and U.K. authorities over the weekend.
Alcoa Schedules First Quarter 2024 Earnings Release and Conference Call
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation plans to announce its first quarter 2024 financial results on Wednesday, April 17, 2024, after the close of trading on the New York Stock Exchange. The p...
Alcoa Corporation Announces Closing of Inaugural Green Bond Offering
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corp. announces closing of inaugural green bond offering.
Alcoa Finalizes Deal To Acquire Alumina Limited for $2.2 Billion
Alcoa (AA), one of the world's largest aluminum producers, has finalized a deal to acquire Alumina Limited (AWCMY) for an estimated $2.2 billion.
Alumina Signs Binding Agreement on $2.2 Billion Alcoa Takeover
Alumina said its independent nonexecutive directors and CEO recommend shareholders vote in favor of the proposed takeover.
Alcoa inks binding deal to acquire Australia's Alumina for $2.2 billion
Alcoa said it has agreed to acquire Alumina in a deal that values the Australian company's equity at roughly $2.2 billion, concluding weeks of talks over a offer that will help to cement the U.S. comp...
Alcoa Enters into Binding Agreement to Acquire Alumina Limited
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA or “Alcoa”) today announced that it has entered into a binding Scheme Implementation Deed (the “Agreement”) with Alumina Limited (ASX: AWC), under which Al...
Amring Pharmaceuticals Inc. Announces Name Change to Nordic Pharma, Inc. Under New Nordic Group, B.V. Ownership
BERWYN, Pa.--(BUSINESS WIRE)--Amring Pharmaceuticals Inc. announces name change to Nordic Pharma, Inc. under new Nordic Group, B.V. ownership on March 4, 2024.
Alcoa Makes $2.2 Billion Bid for Australian Joint-Venture Partner
Alcoa offered $2.2 billion to acquire its Australian joint-venture partner Alumina to consolidate ownership of key upstream assets. Simone Foxman reports on Bloomberg Television.
Alcoa Stock Slides After $2.2 Billion Takeover Offer for Alumina—Key Price Levels to Watch
Shares in Alcoa (AA) lost ground in premarket trading Monday after the aluminum producer made a $2.2 billion all-stock offer to buy its Australian joint-venture partner Alumina (AWCMY) in a bid to exp...
Alcoa Offers to Buy Australia's Alumina for $2.2 Billion
The deal increases Alcoa's ownership in bauxite mines and alumina refineries.
AA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Alcoa Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Alcoa Corporation (NYSE: AA) and Alumina Limited is fair to Alcoa shareholders. Upon co...
Alcoa Agrees to Acquire Australia's Alumina for $2.2 Billion
Aluminum producer Alcoa has agreed to an all-stock deal to acquire Australia's Alumina that values its equity at some $2.2 billion.
Alcoa Announces Agreement With Alumina Limited on Terms and Process to Acquire Alumina Limited in All-Stock Transaction
PITTSBURGH--(BUSINESS WIRE)--Alcoa enters agreement on terms & process to acquire Alumina Limited, Alcoa's minority JV partner in Alcoa World Alumina and Chemicals (AWAC).
Alcoa's President and Chief Executive Officer, William Oplinger to participate in BMO 2024 Global Metals, Mining & Critical Minerals Conference
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) announced today that William F. Oplinger, President and Chief Executive Officer, will present at the BMO Global Metals, Mining & Critical Mine...
Alcoa Foundation Partners with Aspen Medical Foundation to Provide Prosthetic Limbs and Specialized Rehabilitation Training in Ukraine
PITTSBURGH--(BUSINESS WIRE)--Alcoa Foundation today announced a partnership with Aspen Medical Foundation to address the urgent and growing need for prosthetics among both civilian and military victim...
Alcoa's stock rocked after Trump's threat of high tariffs on Chinese imports
Shares of Alcoa Corp. were suffering their worst day in 10 months amid growing concerns about Donald Trump's plans to start a trade war with China if he is elected president in November.
Alcoa Corporation Reports Fourth Quarter and Full Year 2023 Results
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today reported fourth quarter and full year 2023 results that demonstrate progress on key priorities. Financial Results and Highlights M, exce...
Alcoa announces curtailment of Kwinana Alumina Refinery in Western Australia
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced it plans to fully curtail production in 2024 at its Kwinana Alumina Refinery in Western Australia, with the process beginning ...