Alcoa (AA) Stock Price, News & Analysis

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alcoa in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AA, but not buy additional shares or sell existing shares.
View AA analyst ratings or view top-rated stocks.

13 analysts have issued 12-month target prices for Alcoa's shares. Their AA share price targets range from $25.00 to $48.00. On average, they predict the company's stock price to reach $32.96 in the next year. This suggests that the stock has a possible downside of 7.7%.
View analysts price targets for AA or view top-rated stocks among Wall Street analysts.

Alcoa's stock was trading at $34.00 at the start of the year. Since then, AA shares have increased by 5.1% and is now trading at $35.72.
View the best growth stocks for 2024 here.

Alcoa saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 14,370,000 shares, an increase of 9.0% from the March 15th total of 13,180,000 shares. Based on an average daily trading volume, of 6,270,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 8.1% of the shares of the stock are short sold.
View Alcoa's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our AA earnings forecast.

Alcoa Co. (NYSE:AA) issued its earnings results on Wednesday, April, 17th. The industrial products company reported ($0.81) earnings per share for the quarter, missing the consensus estimate of ($0.62) by $0.19. The industrial products company had revenue of $2.60 billion for the quarter, compared to analysts' expectations of $2.55 billion. Alcoa had a negative trailing twelve-month return on equity of 8.30% and a negative net margin of 6.41%. Alcoa's revenue was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.23) earnings per share.

Alcoa announced a quarterly dividend on Thursday, February 22nd. Investors of record on Tuesday, March 5th will be given a dividend of $0.10 per share on Thursday, March 21st. This represents a $0.40 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend is Monday, March 4th.
Read our dividend analysis for AA.

Alcoa (NYSE:AA) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.13%.
Read our dividend analysis for AA.

ETFs with the largest weight of Alcoa (NYSE:AA) stock in their portfolio include SPDR S&P Metals & Mining ETF (XME), Direxion Daily Metals & Mining Bull 2X Shares (MNM), Invesco S&P MidCap 400 Pure Value ETF (RFV), Optica Rare Earths & Critical Materials ETF (CRIT), Amplify Inflation Fighter ETF (IWIN), iShares U.S. Basic Materials ETF (IYM), First Trust Materials AlphaDEX Fund (FXZ) and Invesco S&P MidCap 400 Revenue ETF (RWK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alcoa investors own include Bank of America (BAC), General Electric (GE), Micron Technology (MU), Ford Motor (F), Intel (INTC), Advanced Micro Devices (AMD), Alibaba Group (BABA), Citigroup (C), NVIDIA (NVDA) and AT&T (T).

Alcoa's stock is owned by a variety of retail and institutional investors. Top institutional investors include ARGA Investment Management LP (0.83%), Douglas Lane & Associates LLC (0.75%), JTC Employer Solutions Trustee Ltd (0.03%), State of Michigan Retirement System (0.02%), Allspring Global Investments Holdings LLC (0.01%) and Sumitomo Mitsui Trust Holdings Inc. (0.01%). Insiders that own company stock include Benjamin D Kahrs, Harden Sonya Elam, Jeffrey D Heeter, John D Slaven, Molly S Beerman, Roy Christopher Harvey, Tammi A Jones, Timothy D Reyes and William F Oplinger.
View institutional ownership trends.

Shares of AA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.