TSE:ALC Algoma Central (ALC) Stock Price, News & Analysis → Trending Stocks Sent To You In Real Time (From Huge Alerts) (Ad) Free ALC Stock Alerts C$14.78 -0.12 (-0.81%) (As of 03/27/2024 ET) Add Compare Share Share Today's RangeC$14.76▼C$14.9050-Day RangeC$14.78▼C$15.3752-Week RangeC$14.14▼C$15.88Volume3,085 shsAverage Volume13,340 shsMarket CapitalizationC$571.25 millionP/E Ratio7.39Dividend Yield5.14%Price TargetC$20.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Algoma Central alerts: Email Address Algoma Central MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside38.7% UpsideC$20.50 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. 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.2.36 out of 5 stars 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of C$20.50, Algoma Central has a forecasted upside of 38.7% from its current price of C$14.78.Amount of Analyst CoverageAlgoma Central has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ALC. Previous Next 2.5 Dividend Strength Dividend LeadershipAlgoma Central is a leading dividend payer. It pays a dividend yield of 5.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlgoma Central does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Algoma Central is 38.00%. 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 ALC. Previous Next 3.1 News and Social Media Coverage News SentimentAlgoma Central has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Algoma Central this week, compared to 0 articles on an average week.Search Interest22 people have searched for ALC on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Algoma Central insiders have not sold or bought any company stock.Percentage Held by Insiders57.38% of the stock of Algoma Central is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 17.36% of the stock of Algoma Central is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Algoma Central is 7.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Algoma Central is 7.39, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 402.08.Price to Book Value per Share RatioAlgoma Central has a P/B Ratio of 0.73. 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 Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Algoma Central Stock (TSE:ALC)Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors. It also provides transportation services for liquid petroleum products throughout the Great Lakes, St. Lawrence Seaway, and Atlantic Canada regions. In addition, the company operates ocean self-unloading vessels; three global fleets, including fleet of specialized cement carriers, short sea mini bulkers, and hand-size bulkers; and provides specialized equipment or services on niche marine transportation markets. The company was formerly known as Algoma Central Railway and changed its name to Algoma Central Corporation in 1990. Algoma Central Corporation was incorporated in 1899 and is headquartered in Saint Catharines, Canada.Read More ALC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALC Stock News HeadlinesMarch 26, 2024 | americanbankingnews.comAlgoma Central (TSE:ALC) Shares Pass Below 50 Day Moving Average of $15.00March 19, 2024 | ca.finance.yahoo.comStocks in play: Algoma Central CorporationMarch 28, 2024 | DTI (Ad)the most reliable asset on earth is making a comebackGlobal tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. Because of these critical factors, a lot of massive investment institutions are now pumping more money into gold. And as we speak, some are even calling for a massive rally in the precious metal.March 12, 2024 | finance.yahoo.comAlgoma Central Corp (ACH.DU)March 6, 2024 | wsj.comAlgoma Central Corp.February 28, 2024 | finance.yahoo.comAlgoma Central Full Year 2023 Earnings: EPS: CA$2.15 (vs CA$3.17 in FY 2022)February 18, 2024 | seekingalpha.comALC:CA Algoma Central CorporationJanuary 18, 2024 | finance.yahoo.comAlgoma Central Corporation continues to grow product tanker business with the acquisition of two additional vesselsMarch 28, 2024 | Behind the Markets (Ad)The Small Biotech with a BIG Cancer SolutionThere's a new cancer treatment so precise, it's been called a "smart bomb." One that can deliver a toxic payload directly to tumors while bypassing healthy cells.December 29, 2023 | theglobeandmail.comThe top 20 stocks on the TSX for a blend of value and momentumNovember 23, 2023 | finance.yahoo.comAlgoma Central Corporation Named One of Hamilton-Niagara’s Top Employers for the Second Year in a RowNovember 11, 2023 | morningstar.comAlgoma Central Corp ALCNovember 6, 2023 | msn.comAlgoma Central GAAP EPS of C$0.85, revenue of C$205.89MNovember 4, 2023 | theglobeandmail.comClosing Bell: Algoma Central Corp 5.25 Pct Debs flat on Friday (ALC-DB-A)November 3, 2023 | finance.yahoo.comAlgoma Central Corporation Reports Financial Performance for the 2023 Third QuarterOctober 20, 2023 | theglobeandmail.comAlgoma Central: Top 25 Undervalued Dividend Stocks on TSX (ALC)October 14, 2023 | theglobeandmail.comClosing Bell: Algoma Central flat on Friday (ALC)September 13, 2023 | theglobeandmail.comClosing Bell: Algoma Central Corp 5.25 Pct Debs flat on Monday (ALC-DB-A)September 13, 2023 | theglobeandmail.comClosing Bell: Algoma Central Corp 5.25 Pct Debs up on Tuesday (ALC-DB-A)August 11, 2023 | finance.yahoo.comAlgoma Central (TSE:ALC) Has Announced A Dividend Of CA$0.18August 5, 2023 | theglobeandmail.comClosing Bell: Algoma Central Corp 5.25 Pct Debs down on Friday (ALC-DB-A)July 15, 2023 | theglobeandmail.comAlgoma Central: Top 10 Undervalued Transportation Industry Stocks (ALC)May 9, 2023 | theglobeandmail.comClosing Bell: Algoma Central up on Monday (ALC)April 27, 2023 | theglobeandmail.comClosing Bell: Algoma Central down on Wednesday (ALC)April 27, 2023 | theglobeandmail.comClosing Bell: Algoma Central Corp 5.25 Pct Debs up on Wednesday (ALC-DB-A)April 21, 2023 | theglobeandmail.comClosing Bell: Algoma Central Corp 5.25 Pct Debs down on Thursday (ALC-DB-A)April 20, 2023 | theglobeandmail.comClosing Bell: Algoma Central Corp 5.25 Pct Debs flat on Wednesday (ALC-DB-A)See More Headlines Receive ALC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Algoma Central and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/1 Dividend2/15/2024Last Earnings2/26/2024Dividend Payable3/01/2024Today3/27/2024Next Earnings (Estimated)5/01/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorIndustrials Industry Marine Shipping Sub-IndustryN/A Current SymbolTSE:ALC CUSIPN/A CIKN/A Webwww.algonet.com Phone+1-905-6877888FaxN/AEmployees1,600Year FoundedN/APrice Target and Rating Average Stock Price TargetC$20.50 High Stock Price TargetC$20.50 Low Stock Price TargetC$20.50 Potential Upside/Downside+38.7%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.00 Trailing P/E Ratio7.39 Forward P/E Ratio8.40 P/E GrowthN/ANet IncomeC$82.87 million Net Margins11.49% Pretax MarginN/A Return on Equity11.02% Return on Assets3.43% Debt Debt-to-Equity Ratio48.49 Current Ratio1.10 Quick Ratio2.06 Sales & Book Value Annual SalesC$721.22 million Price / Sales0.79 Cash FlowC$3.24 per share Price / Cash Flow4.57 Book ValueC$20.14 per share Price / Book0.73Miscellaneous Outstanding Shares38,650,000Free FloatN/AMarket CapC$571.25 million OptionableNot Optionable Beta0.74 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Gregg A. RuhlPresident, CEO & DirectorMr. Peter D. Winkley C.A.CPA, Executive VP & CFOMr. Stephen J. WrightExecutive Vice-President of Operations & TechnicalMr. J. Wesley Newton L.L.B.Executive VP of Strategy & Business Development and SecretaryMr. Christopher A. L. Lazarz C.A.CPA, Vice-President of Corporate FinanceMr. Jeffrey M. DeRosario P.Eng.Vice-President of MarketingMs. Cathy SmithVice-President of Human ResourcesMr. Thomas G. SiklosVice President of Real EstateMore ExecutivesKey CompetitorsWestshore Terminals InvestmentTSE:WTEGDI Integrated Facility ServicesTSE:GDIHéroux-DevtekTSE:HRXPyroGenesis Canada Inc. (PYR.V)CVE:PYRIBI GroupTSE:IBGView All CompetitorsInsidersJens GrønningBought 2,000 shares on 12/15/2023Total: C$30,140.00 ($15.07/share) ALC Stock Analysis - Frequently Asked Questions What is Algoma Central's stock price target for 2024? 0 brokers have issued 12 month target prices for Algoma Central's shares. Their ALC share price targets range from C$20.50 to C$20.50. On average, they expect the company's share price to reach C$20.50 in the next year. This suggests a possible upside of 38.7% from the stock's current price. View analysts price targets for ALC or view top-rated stocks among Wall Street analysts. How have ALC shares performed in 2024? Algoma Central's stock was trading at C$14.95 at the beginning of the year. Since then, ALC stock has decreased by 1.1% and is now trading at C$14.78. View the best growth stocks for 2024 here. When is Algoma Central's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our ALC earnings forecast. How were Algoma Central's earnings last quarter? Algoma Central Co. (TSE:ALC) posted its earnings results on Monday, February, 26th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.23. The firm earned $201.32 million during the quarter, compared to the consensus estimate of $186.60 million. Algoma Central had a trailing twelve-month return on equity of 11.02% and a net margin of 11.49%. How often does Algoma Central pay dividends? What is the dividend yield for Algoma Central? Algoma Central announced a quarterly dividend on Thursday, February 15th. Stockholders of record on Friday, March 1st will be given a dividend of 0.19 per share on Friday, March 1st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date of this dividend is Thursday, February 15th. This is a positive change from the stock's previous quarterly dividend of C$0.18. Read our dividend analysis for ALC. Is Algoma Central a good dividend stock? Algoma Central (TSE:ALC) pays an annual dividend of C$0.76 per share and currently has a dividend yield of 5.14%. ALC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 38.00%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ALC. What other stocks do shareholders of Algoma Central own? Based on aggregate information from My MarketBeat watchlists, some companies that other Algoma Central investors own include Air Canada (AC), BCE (BCE), Chorus Aviation (CHR), Extendicare (EXE), Aurora Cannabis (ACB), Algonquin Power & Utilities (AQN), Brookfield Infrastructure Partners (BIP.UN), Chemtrade Logistics Income Fund (CHE.UN), Crombie Real Estate Investment Trust (CRR.UN) and Cominar REIT (CUF.UN). How do I buy shares of Algoma Central? Shares of ALC 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:ALC) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Algoma Central Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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