NASDAQ:ASTL Algoma Steel Group (ASTL) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free ASTL Stock Alerts $7.73 -0.11 (-1.40%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$7.67▼$7.7850-Day Range$7.59▼$8.6352-Week Range$6.34▼$10.25Volume139,980 shsAverage Volume573,073 shsMarket Capitalization$804.69 millionP/E Ratio77.30Dividend Yield2.59%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Algoma Steel Group alerts: Email Address Ad TradeSmithThe A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...Click here to see Louis' new video for yourself. About Algoma Steel Group Stock (NASDAQ: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 | msn.comRyerson Holding declares $0.1875 dividendApril 30, 2024 | americanbankingnews.comAlgoma Steel Group Inc. (NASDAQ:ASTL) Sees Large Decrease in Short InterestMay 9, 2024 | Paradigm Press (Ad)Bitcoin Rockets To Record High But Buy THIS InsteadRecently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…March 26, 2024 | globenewswire.comAlgoma Steel Inc. Announces Pricing of US$350 Million 9.125% Senior Secured Second Lien Notes due 2029March 25, 2024 | finanznachrichten.deAlgoma Steel Inc: Algoma Steel Provides Fiscal Fourth Quarter 2024 GuidanceMarch 25, 2024 | markets.businessinsider.comAlgoma Steel Inc. Announces Proposed Offering of US$350 Million of Senior Secured Second Lien Notes due 2029March 25, 2024 | globenewswire.comCORRECTION: Dividend Payment Date Adjustment Due to Canadian Statutory HolidayMarch 25, 2024 | globenewswire.comAlgoma Steel Provides Fiscal Fourth Quarter 2024 GuidanceMay 9, 2024 | Paradigm Press (Ad)Bitcoin Rockets To Record High But Buy THIS InsteadRecently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…March 15, 2024 | seekingalpha.comAlgoma Steel: Underpriced From Both Cyclical And EAF PerspectivesFebruary 26, 2024 | globenewswire.comAlgoma Steel Group to Participate in the BMO 33rd Global Metals, Mining & Critical Minerals ConferenceFebruary 19, 2024 | ca.finance.yahoo.comASTL Apr 2024 8.000 putFebruary 14, 2024 | globenewswire.comAlgoma Resumes Normal Steel ProductionFebruary 9, 2024 | theglobeandmail.comAlgoma Steel says five workers sent to hospital after casthouse incidentFebruary 9, 2024 | globenewswire.comAlgoma Addresses Casthouse IncidentFebruary 7, 2024 | seekingalpha.comAlgoma Steel Group Inc. 2024 Q3 - Results - Earnings Call PresentationFebruary 5, 2024 | finance.yahoo.comDonald Smith & Co. Bolsters Stake in Algoma Steel Group IncFebruary 5, 2024 | benzinga.comEarnings Outlook For Algoma Steel GrFebruary 5, 2024 | benzinga.comAlgoma Steel Gr's Earnings OutlookJanuary 25, 2024 | markets.businessinsider.comAlgoma Steel Group’s Resilience Justifies Buy Rating Amid Short-Term Operational HurdlesJanuary 23, 2024 | seekingalpha.comAlgoma Steel resumes limited production at Ontario coke-making plantJanuary 23, 2024 | finance.yahoo.comAlgoma Steel Provides Update on Incident at Coke-Making PlantJanuary 20, 2024 | finance.yahoo.comAlgoma Steel Reports Incident at Coke-Making PlantJanuary 3, 2024 | finance.yahoo.comAlgoma Steel Provides Fiscal Third Quarter 2024 GuidanceDecember 30, 2023 | seekingalpha.comASTL.WT:CA Algoma Steel Group Inc. WT EXP 101926December 21, 2023 | finance.yahoo.comAlgoma Steel Group Announces Director RetirementNovember 28, 2023 | seekingalpha.comASTL Algoma Steel Group Inc.See 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 Last Earnings8/10/2023Ex-Dividend for 3/29 Dividend2/28/2024Dividend Payable3/29/2024Today5/08/2024Next Earnings (Estimated)6/19/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Blast furnaces & steel mills Sub-IndustryN/A Current SymbolNASDAQ:ASTL CUSIPN/A CIK1860805 Webwww.algoma.com Phone705-945-2351FaxN/AEmployees2,847Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.10 Trailing P/E Ratio77.30 Forward P/E Ratio10.04 P/E GrowthN/ANet Income$225.82 million Net Margins2.05% Pretax Margin2.98% Return on Equity3.84% Return on Assets2.22% Debt Debt-to-Equity Ratio0.09 Current Ratio2.88 Quick Ratio0.98 Sales & Book Value Annual Sales$2.10 billion Price / Sales0.38 Cash Flow$2.84 per share Price / Cash Flow2.72 Book Value$10.68 per share Price / Book0.72Miscellaneous Outstanding Shares104,100,000Free FloatN/AMarket Cap$804.69 million OptionableOptionable Beta1.54 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Michael Dennis Garcia (Age 59)CEO & Director Comp: $1.02MMr. Rajat Marwah (Age 50)Chief Financial Officer Comp: $537.3kMr. John Ralph Naccarato (Age 57)VP of Strategy & Chief Legal Officer Comp: $527.65kMichael 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 CompetitorsMetallusNYSE:MTUSCritical MetalsNASDAQ:CRMLClearwater PaperNYSE:CLWWestlake Chemical PartnersNYSE:WLKPRyersonNYSE:RYIView All CompetitorsInstitutional OwnershipRussell Investments Group Ltd.Bought 158,526 shares on 5/8/2024Ownership: 0.394%Swiss National BankBought 11,300 shares on 5/7/2024Ownership: 0.188%SIG North Trading ULCBought 10,200 shares on 5/7/2024Ownership: 0.000%Hartree Partners LPSold 63,014 shares on 5/2/2024Ownership: 0.098%Thomist Capital Management LPBought 2,508,133 shares on 4/30/2024Ownership: 4.810%View All Institutional Transactions ASTL Stock Analysis - Frequently Asked Questions Should I buy or sell Algoma Steel Group stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Algoma Steel Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ASTL shares. View ASTL analyst ratings or view top-rated stocks. How have ASTL shares performed in 2024? Algoma Steel Group's stock was trading at $10.03 at the beginning of 2024. Since then, ASTL shares have decreased by 22.9% and is now trading at $7.73. View the best growth stocks for 2024 here. Are investors shorting Algoma Steel Group? Algoma Steel Group saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 3,490,000 shares, a decrease of 6.2% from the March 31st total of 3,720,000 shares. Based on an average daily trading volume, of 584,500 shares, the short-interest ratio is currently 6.0 days. View Algoma Steel Group's Short Interest. When is Algoma Steel Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 19th 2024. View our ASTL earnings forecast. How were Algoma Steel Group's earnings last quarter? Algoma Steel Group Inc. (NASDAQ:ASTL) announced its quarterly earnings data on Thursday, August, 10th. The company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by $0.12. The business had revenue of $615.87 million for the quarter, compared to analyst estimates of $596.30 million. Algoma Steel Group had a trailing twelve-month return on equity of 3.84% and a net margin of 2.05%. During the same quarter in the previous year, the firm earned $1.17 EPS. 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 Tuesday, February 6th. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.05 per share on Friday, March 29th. This represents a $0.20 annualized dividend and a yield of 2.59%. 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 (NASDAQ:ASTL) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.56%. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ASTL will have a dividend payout ratio of 27.40% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ASTL. What ETF holds Algoma Steel Group's stock? VanEck Steel ETF holds 110,475 shares of ASTL stock, representing 0.84% of its portfolio. Who are Algoma Steel Group's major shareholders? Algoma Steel Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Thomist Capital Management LP (4.81%), Russell Investments Group Ltd. (0.39%), Swiss National Bank (0.19%), Hartree Partners LP (0.10%), Simplex Trading LLC (0.00%) and SIG North Trading ULC (0.00%). How do I buy shares of Algoma Steel Group? Shares of ASTL 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. This page (NASDAQ:ASTL) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDems have chosen Biden replacement?Paradigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithGold Set to EXPLODE!Gold Safe ExchangeThe ONE AI Stock to own now. 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