What is B. Riley's Estimate for Alcoa FY2026 Earnings?

Alcoa Co. (NYSE:AA - Free Report) - Stock analysts at B. Riley boosted their FY2026 earnings per share (EPS) estimates for Alcoa in a research note issued to investors on Tuesday, November 19th. B. Riley analyst L. Pipes now anticipates that the industrial products company will post earnings per share of $4.03 for the year, up from their prior estimate of $4.02. B. Riley has a "Buy" rating and a $50.00 price target on the stock. The consensus estimate for Alcoa's current full-year earnings is $0.89 per share.

Alcoa (NYSE:AA - Get Free Report) last issued its quarterly earnings data on Wednesday, October 16th. The industrial products company reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.34. Alcoa had a negative return on equity of 1.45% and a negative net margin of 2.65%. The business had revenue of $2.90 billion for the quarter, compared to analysts' expectations of $2.97 billion. During the same quarter in the prior year, the firm posted ($1.14) EPS. The firm's quarterly revenue was up 11.6% on a year-over-year basis.

Several other research analysts have also recently weighed in on AA. Argus upgraded shares of Alcoa from a "hold" rating to a "buy" rating and set a $48.00 price objective on the stock in a research report on Wednesday, October 23rd. Wolfe Research upgraded shares of Alcoa from a "peer perform" rating to an "outperform" rating and set a $36.00 price target on the stock in a research report on Wednesday, September 4th. StockNews.com raised shares of Alcoa from a "sell" rating to a "hold" rating in a report on Thursday, October 17th. Bank of America raised Alcoa from a "neutral" rating to a "buy" rating and raised their price objective for the company from $43.00 to $52.00 in a research note on Tuesday, October 1st. Finally, UBS Group boosted their target price on Alcoa from $40.00 to $50.00 and gave the company a "buy" rating in a research note on Tuesday, October 15th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $44.75.

Alcoa Price Performance

NYSE AA traded up $0.14 on Wednesday, hitting $45.74. The stock had a trading volume of 2,213,414 shares, compared to its average volume of 5,842,551. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.80 and a current ratio of 1.41. Alcoa has a 52-week low of $23.80 and a 52-week high of $46.55. The company has a market capitalization of $11.82 billion, a price-to-earnings ratio of -25.89, a price-to-earnings-growth ratio of 0.84 and a beta of 2.42. The firm has a 50-day moving average of $39.59 and a 200-day moving average of $37.76.

Institutional Trading of Alcoa

Hedge funds have recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. bought a new stake in Alcoa during the second quarter worth approximately $27,000. UMB Bank n.a. increased its position in shares of Alcoa by 481.7% during the 3rd quarter. UMB Bank n.a. now owns 762 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 631 shares during the last quarter. Quarry LP purchased a new stake in Alcoa during the 3rd quarter valued at $43,000. Continuum Advisory LLC lifted its position in Alcoa by 1,945.5% in the third quarter. Continuum Advisory LLC now owns 1,125 shares of the industrial products company's stock worth $46,000 after buying an additional 1,070 shares during the last quarter. Finally, Toronto Dominion Bank boosted its stake in Alcoa by 1,501.9% during the first quarter. Toronto Dominion Bank now owns 1,698 shares of the industrial products company's stock worth $57,000 after buying an additional 1,592 shares during the period.

Insider Activity

In related news, EVP Renato Bacchi sold 23,867 shares of the company's stock in a transaction on Tuesday, October 22nd. The shares were sold at an average price of $42.29, for a total value of $1,009,335.43. Following the completion of the transaction, the executive vice president now owns 57,317 shares of the company's stock, valued at approximately $2,423,935.93. This represents a 29.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Alcoa Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Tuesday, October 29th were given a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $0.40 annualized dividend and a yield of 0.87%. Alcoa's payout ratio is -22.73%.

Alcoa Company Profile

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.