TSE:ASTL Algoma Steel Group (ASTL) Stock Price, News & Analysis → Could this Tiny Biotech End Disease Forever? (From Behind the Markets) (Ad) Buy ASTL with Qtrade Free ASTL Stock Alerts C$10.65 -0.09 (-0.84%) (As of 05:33 PM ET) Add Compare Share Share Today's RangeC$10.53▼C$10.6750-Day RangeC$10.29▼C$11.7252-Week RangeC$8.64▼C$13.54Volume18,042 shsAverage Volume51,423 shsMarket CapitalizationC$1.11 billionP/E Ratio16.64Dividend Yield2.54%Price TargetC$15.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Algoma Steel Group alerts: Email Address Ad Banyan Hill PublishingThe Best AI Stock to Own in the World Today is Trading for Just $25“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 HeadlinesMay 1, 2024 | americanbankingnews.comAlgoma Steel Group (TSE:ASTL) Stock Price Down 2.8%March 16, 2024 | finance.yahoo.comASTL Apr 2024 8.000 callMay 8, 2024 | Priority Gold (Ad)Biden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...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. - ASTLMay 8, 2024 | Priority Gold (Ad)Biden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...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 Payable3/29/2024Today5/08/2024Next 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+43.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.64 Trailing P/E Ratio16.63 Forward P/E Ratio9.62 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$5.68 per share Price / Cash Flow1.87 Book ValueC$13.85 per share Price / Book0.77Miscellaneous Outstanding Shares104,040,000Free FloatN/AMarket CapC$1.11 billion OptionableNot Optionable Beta1.52 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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 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 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 brokers have issued 1 year price objectives for Algoma Steel Group's shares. Their ASTL share price targets range from C$14.00 to C$17.00. On average, they predict the company's stock price to reach C$15.25 in the next year. This suggests a possible upside of 43.3% 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 at the beginning of 2024. Since then, ASTL shares have decreased by 20.0% and is now trading at C$10.64. 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. Investors 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 annualized dividend and a dividend yield of 1.88%. 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 2.53%. 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 5/8/2024 by MarketBeat.com Staff From Our PartnersThe #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySmallcaps DailyElon Musk Secret Crypto Plot ExposedCrypto 101 MediaAI “wealth window” is closing June 25thParadigm PressShocking: One AI startup's revenue could surge 4,735%Manward PressForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingGold Set to EXPLODE!Gold Safe ExchangeCharles Payne Demystifies OptionsUnstoppable ProsperityThe AI Stock that’s Disrupting Every IndustryStockEarnings 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 Steel Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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