TSE:ASTL Algoma Steel Group (ASTL) Stock Price, News & Analysis → Don’t Miss Out on the AI Gold Rush That’s Just Getting Started (From Banyan Hill Publishing) (Ad) Free ASTL Stock Alerts C$10.73 -0.03 (-0.28%) (As of 04/22/2024 ET) Add Compare Share Share Today's RangeC$10.50▼C$10.8350-Day RangeC$10.29▼C$11.8852-Week RangeC$8.64▼C$13.54Volume30,250 shsAverage Volume53,846 shsMarket CapitalizationC$1.12 billionP/E Ratio16.77Dividend Yield2.52%Price TargetC$15.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Algoma Steel Group alerts: Email Address Algoma Steel Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside42.1% UpsideC$15.25 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring SharesC$16,236 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.13 out of 5 stars 3.3 Analyst's Opinion Consensus RatingAlgoma Steel Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAlgoma Steel Group has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ASTL. Previous Next 1.7 Dividend Strength Dividend YieldAlgoma Steel Group pays a meaningful dividend of 2.55%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAlgoma Steel Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Algoma Steel Group is 42.19%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ASTL. Previous Next 0.6 News and Social Media Coverage Search Interest1 people have searched for ASTL on MarketBeat in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Algoma Steel Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$16,236.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 4.86% of the stock of Algoma Steel Group is held by insiders.Percentage Held by Institutions69.89% of the stock of Algoma Steel Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Algoma Steel Group is 16.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Algoma Steel Group is 16.77, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 124.91.Price to Book Value per Share RatioAlgoma Steel Group has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingDon’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him About Algoma Steel Group Stock (TSE:ASTL)Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.Read More ASTL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ASTL Stock News HeadlinesMarch 29, 2024 | insidertrades.comInsider Buying: Algoma Steel Group Inc. (TSE:ASTL) Director Buys 1,926 Shares of StockMarch 16, 2024 | finance.yahoo.comASTL Apr 2024 8.000 callApril 23, 2024 | Banyan Hill Publishing (Ad)Don’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.March 11, 2024 | finance.yahoo.comASTL Mar 2024 7.000 callFebruary 24, 2024 | benzinga.comAlgoma Steel Group Stock (NASDAQ:ASTL) Earnings Dates and Earning CallsFebruary 15, 2024 | finanznachrichten.deAlgoma Steel Inc: Algoma Resumes Normal Steel ProductionFebruary 7, 2024 | finanznachrichten.deAlgoma Steel Inc: Algoma Steel Group Reports Fiscal Third Quarter 2024 Financial ResultsJanuary 28, 2024 | stockhouse.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Algoma Steel Group Inc. - ASTLApril 23, 2024 | Banyan Hill Publishing (Ad)Don’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.January 22, 2024 | finanznachrichten.deAlgoma Steel Inc: Algoma Steel Reports Incident at Coke-Making PlantJanuary 22, 2024 | msn.comAlgoma Steel sinks after structural collapse at Ontario coke-making plantDecember 14, 2023 | markets.businessinsider.comBMO Capital Reaffirms Their Buy Rating on Algoma Steel Group (ASTL)November 2, 2023 | finance.yahoo.comAlgoma Steel Group Reports Fiscal Second Quarter 2024 Financial ResultsOctober 3, 2023 | finanznachrichten.deAlgoma Steel Inc: Algoma Steel Announces Extension of Iron Ore Contract with U.S. Steel to Support Transition to Electric Arc SteelmakingOctober 3, 2023 | theglobeandmail.comClosing Bell: Algoma Steel Group Inc up on Friday (ASTL-WT)September 29, 2023 | finanznachrichten.deAlgoma Steel Inc: Algoma Steel Provides Fiscal Second Quarter 2024 GuidanceSeptember 29, 2023 | msn.comAlgoma Steel sees 2Q24 adjusted EBITDA C$75M-C$85M; monitoring of work stoppagesSeptember 29, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Industrial Goods Companies: Algoma Steel Group (ASTL) and United Parcel (UPS)September 19, 2023 | finance.yahoo.comAlgoma Steel donates C$120,000 to support United Way’s Harvest AlgomaSeptember 12, 2023 | theglobeandmail.comClosing Bell: Algoma Steel Group Inc down on Tuesday (ASTL-WT)August 14, 2023 | finance.yahoo.comAlgoma Steel's (ASTL) Q1 Earnings and Revenues Decline Y/YJuly 28, 2023 | finance.yahoo.comAlgoma Steel to Announce Fiscal 2024 First Quarter Results August 10, 2023July 26, 2023 | finance.yahoo.comEarnings Preview: Algoma Steel Group Inc. (ASTL) Q1 Earnings Expected to DeclineJune 28, 2023 | theglobeandmail.comClosing Bell: Algoma Steel Group Inc up on Monday (ASTL-WT)June 27, 2023 | ca.sports.yahoo.comAlgoma Steel Group (NASDAQ:ASTL) Has Announced A Dividend Of CA$0.05June 23, 2023 | markets.businessinsider.comStifel Maintains Buy Rating for Algoma Steel Gr: Here's What You Need To KnowJune 21, 2023 | benzinga.comAlgoma Steel Group Reports Q4 EPS Of $(0.14), Sales $501.08MSee More Headlines Receive ASTL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Algoma Steel Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/29 Dividend2/28/2024Dividend Payable3/29/2024Today4/22/2024Next Earnings (Estimated)6/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Steel Sub-IndustryN/A Current SymbolTSE:ASTL CUSIPN/A CIKN/A Webwww.algoma.com Phone17059452201FaxN/AEmployees2,847Year FoundedN/APrice Target and Rating Average Stock Price TargetC$15.25 High Stock Price TargetC$17.00 Low Stock Price TargetC$14.00 Potential Upside/Downside+42.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.64 Trailing P/E Ratio16.77 Forward P/E Ratio8.95 P/E GrowthN/ANet IncomeC$56.80 million Net Margins1.99% Pretax MarginN/A Return on Equity3.90% Return on Assets3.70% Debt Debt-to-Equity Ratio10.83 Current Ratio2.88 Quick Ratio1.51 Sales & Book Value Annual SalesC$2.85 billion Price / Sales0.39 Cash FlowC$5.73 per share Price / Cash Flow1.87 Book ValueC$13.85 per share Price / Book0.77Miscellaneous Outstanding Shares104,040,000Free FloatN/AMarket CapC$1.12 billion OptionableNot Optionable Beta1.52 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Michael Dennis Garcia (Age 59)CEO & Director Comp: $1.41MMr. Rajat Marwah (Age 50)Chief Financial Officer Comp: $739.87kMr. John Ralph Naccarato (Age 57)VP of Strategy & Chief Legal Officer Comp: $726.59kMichael MoracaTreasurer & Investor Relations OfficerMs. Brenda StentaManager of Communications & BrandingMr. Rory Brandow (Age 64)Vice President of Sales Ms. Danielle BakerChief Human Resource OfficerMr. Mike PanzeriSenior Vice President of ProductionMore ExecutivesKey CompetitorsLabrador Iron Ore RoyaltyTSE:LIFStelcoTSE:STLCChampion IronTSE:CIAOsisko MiningTSE:OSKNorth American PalladiumTSE:PDLView All CompetitorsInsidersEric Stuart RosenfeldBought 1,926 shares on 3/27/2024Total: C$16,236.18 ($8.43/share)Michael Allan McquadeSold 200,000 sharesTotal: C$2.32 M ($11.62/share)David Daniel SgroSold 50,000 sharesTotal: C$388,760.00 ($7.78/share)David Daniel SgroSold 15,000 sharesTotal: C$112,381.50 ($7.49/share)View All Insider Transactions ASTL Stock Analysis - Frequently Asked Questions Should I buy or sell Algoma Steel Group stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Algoma Steel Group in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ASTL shares. View ASTL analyst ratings or view top-rated stocks. What is Algoma Steel Group's stock price target for 2024? 3 Wall Street analysts have issued 1-year price objectives for Algoma Steel Group's stock. Their ASTL share price targets range from C$14.00 to C$17.00. On average, they expect the company's stock price to reach C$15.25 in the next twelve months. This suggests a possible upside of 42.1% from the stock's current price. View analysts price targets for ASTL or view top-rated stocks among Wall Street analysts. How have ASTL shares performed in 2024? Algoma Steel Group's stock was trading at C$13.30 on January 1st, 2024. Since then, ASTL stock has decreased by 19.3% and is now trading at C$10.73. View the best growth stocks for 2024 here. When is Algoma Steel Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Saturday, June 22nd 2024. View our ASTL earnings forecast. How often does Algoma Steel Group pay dividends? What is the dividend yield for Algoma Steel Group? Algoma Steel Group announced a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 29th will be given a dividend of 0.05 per share on Friday, March 29th. This represents a $0.20 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Wednesday, February 28th. Read our dividend analysis for ASTL. Is Algoma Steel Group a good dividend stock? Algoma Steel Group (TSE:ASTL) pays an annual dividend of C$0.27 per share and currently has a dividend yield of 2.55%. The dividend payout ratio is 42.19%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ASTL. How do I buy shares of Algoma Steel Group? Shares of ASTL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:ASTL) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaForget Bitcoin. 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