NASDAQ:ASTL Algoma Steel Group (ASTL) Stock Price, News & Analysis $9.61 +0.19 (+2.02%) (As of 05:26 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends About Algoma Steel Group Stock (NASDAQ:ASTL) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Algoma Steel Group alerts:Sign Up Key Stats Today's Range$9.36▼$9.6250-Day Range$9.35▼$12.0152-Week Range$6.67▼$12.14Volume625,201 shsAverage Volume572,680 shsMarket Capitalization$1.01 billionP/E RatioN/ADividend Yield2.08%Price TargetN/AConsensus RatingN/A Company OverviewAlgoma 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… Algoma Steel Group Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks19th Percentile Overall ScoreASTL MarketRank™: Algoma Steel Group scored higher than 19% of companies evaluated by MarketBeat, and ranked 176th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Algoma Steel Group. Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Algoma Steel Group are expected to grow in the coming year, from ($1.04) to $0.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Algoma Steel Group is -7.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Algoma Steel Group is -7.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAlgoma Steel Group has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted4.33% of the outstanding shares of Algoma Steel Group have been sold short.Short Interest Ratio / Days to CoverAlgoma Steel Group has a short interest ratio ("days to cover") of 8.2.Change versus previous monthShort interest in Algoma Steel Group has recently decreased by 4.63%, indicating that investor sentiment is improving. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldAlgoma Steel Group pays a meaningful dividend of 2.14%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAlgoma Steel Group does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Algoma Steel Group will have a dividend payout ratio of 26.67% next year. This indicates that Algoma Steel Group will be able to sustain or increase its dividend.Read more about Algoma Steel Group's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted4.33% of the outstanding shares of Algoma Steel Group have been sold short.Short Interest Ratio / Days to CoverAlgoma Steel Group has a short interest ratio ("days to cover") of 8.2.Change versus previous monthShort interest in Algoma Steel Group has recently decreased by 4.63%, indicating that investor sentiment is improving. News and Social Media0.0 / 5News SentimentN/A Search InterestOnly 2 people have searched for ASTL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Algoma Steel Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.77% of the stock of Algoma Steel Group is held by insiders.Percentage Held by Institutions72.00% of the stock of Algoma Steel Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Algoma Steel Group's insider trading history. 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 ASTL Stock News HeadlinesAlgoma Steel Group to Participate in the Inaugural B. Riley Securities Energy Convergence ConferenceDecember 3, 2024 | globenewswire.comASTL:CA Algoma Steel Group Inc.November 20, 2024 | seekingalpha.comWhy I'm telling friends to avoid gold stocksBack in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."December 23, 2024 | DTI (Ad)Algoma Steel Group Inc. (ASTL) Q2 2025 Earnings Call TranscriptNovember 9, 2024 | seekingalpha.comAlgoma Steel Group Reports Fiscal Second Quarter 2025 Financial ResultsNovember 6, 2024 | globenewswire.comEarnings To Watch: Algoma Steel Group Inc (TSX:ASTL) Reports Q2 2025 ResultNovember 5, 2024 | finance.yahoo.comAlgoma Steel to Announce Fiscal 2025 Second Quarter Results November 6, 2024October 29, 2024 | globenewswire.comCanada stocks higher at close of trade; S&P/TSX Composite up 0.42%October 29, 2024 | msn.comSee More Headlines ASTL Stock Analysis - Frequently Asked Questions How have ASTL shares performed this year? Algoma Steel Group's stock was trading at $10.03 on January 1st, 2024. Since then, ASTL shares have decreased by 4.2% and is now trading at $9.61. View the best growth stocks for 2024 here. How were Algoma Steel Group's earnings last quarter? Algoma Steel Group Inc. (NASDAQ:ASTL) issued its earnings results on Saturday, June, 22nd. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.08. The firm earned $460.35 million during the quarter, compared to analysts' expectations of $439.82 million. Algoma Steel Group had a negative trailing twelve-month return on equity of 10.63% and a negative net margin of 6.30%. Who are Algoma Steel Group's major shareholders? Algoma Steel Group's top institutional investors include Donald Smith & CO. Inc. (7.72%), FMR LLC (3.37%), Scheer Rowlett & Associates Investment Management Ltd. (2.07%) and TCW Group Inc. (1.81%). 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. What other stocks do shareholders of Algoma Steel Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Algoma Steel Group investors own include NVIDIA (NVDA), Broadcom (AVGO), StealthGas (GASS), Adobe (ADBE), Arista Networks (ANET), General Electric (GE) and Jabil (JBL). Company Calendar Last Earnings6/22/2024Ex-Dividend for 9/27 Dividend8/23/2024Dividend Payable9/27/2024Ex-Dividend for 12/27 Dividend11/27/2024Today12/23/2024Dividend Payable12/27/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Blast furnaces & steel mills Sub-IndustrySteel Works Current SymbolNASDAQ:ASTL CUSIPN/A CIK1860805 Webwww.algoma.com Phone705-945-2351FaxN/AEmployees2,844Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($1.27) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$77.99 million Net Margins-6.30% Pretax Margin-7.70% Return on Equity-10.63% Return on Assets-5.43% Debt Debt-to-Equity Ratio0.42 Current Ratio3.31 Quick Ratio1.66 Sales & Book Value Annual Sales$2.49 billion Price / Sales0.40 Cash Flow$1.47 per share Price / Cash Flow6.44 Book Value$10.70 per share Price / Book0.89Miscellaneous Outstanding Shares104,721,000Free Float96,309,000Market Cap$992.76 million OptionableOptionable Beta1.47 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report This page (NASDAQ:ASTL) was last updated on 12/23/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. 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