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Algoma Steel Group (ASTL) Stock Price, News & Analysis

Algoma Steel Group logo
$4.67 -0.03 (-0.64%)
Closing price 04:00 PM Eastern
Extended Trading
$4.67 0.00 (0.00%)
As of 06:39 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Algoma Steel Group Stock (NASDAQ:ASTL)

Key Stats

Today's Range
$4.56
$4.72
50-Day Range
$4.37
$7.11
52-Week Range
$4.17
$12.14
Volume
1.38 million shs
Average Volume
1.02 million shs
Market Capitalization
$490.04 million
P/E Ratio
N/A
Dividend Yield
4.28%
Price Target
N/A
Consensus Rating
Hold

Company Overview

Algoma Steel Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
68th Percentile Overall Score

ASTL MarketRank™: 

Algoma Steel Group scored higher than 68% of companies evaluated by MarketBeat, and ranked 147th out of 185 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Algoma Steel Group are expected to grow in the coming year, from ($0.63) to $0.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Algoma Steel Group is -2.09, 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. Sector

    The P/E ratio of Algoma Steel Group is -2.09, 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 Ratio

    Algoma Steel Group has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.85% of the float of Algoma Steel Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Algoma Steel Group has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Algoma Steel Group has recently decreased by 15.80%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Algoma Steel Group is a leading dividend payer. It pays a dividend yield of 4.35%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Algoma Steel Group does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Algoma Steel Group will have a dividend payout ratio of 44.44% 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.
  • Percentage of Shares Shorted

    3.85% of the float of Algoma Steel Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Algoma Steel Group has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Algoma Steel Group has recently decreased by 15.80%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Algoma Steel Group has a news sentiment score of 1.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Algoma Steel Group this week, compared to 3 articles on an average week.
  • Search Interest

    6 people have searched for ASTL on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Algoma Steel Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 7.77% of the stock of Algoma Steel Group is held by insiders.

  • Percentage Held by Institutions

    72.00% 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.
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ASTL Stock News Headlines

Cormark Has Pessimistic Outlook of ASTL FY2025 Earnings
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See More Headlines

ASTL Stock Analysis - Frequently Asked Questions

Algoma Steel Group's stock was trading at $9.78 at the start of the year. Since then, ASTL stock has decreased by 52.2% and is now trading at $4.67.

Algoma Steel Group Inc. (NASDAQ:ASTL) announced its quarterly earnings results on Tuesday, July, 29th. The company reported ($0.74) EPS for the quarter, missing the consensus estimate of ($0.45) by $0.29. The business had revenue of $433.14 million for the quarter, compared to analysts' expectations of $577.67 million. Algoma Steel Group had a negative net margin of 13.51% and a negative trailing twelve-month return on equity of 22.24%.
Read the conference call transcript
.

Algoma Steel Group's top institutional shareholders include MMCAP International Inc. SPC (6.88%), Donald Smith & CO. Inc. (5.76%), Scheer Rowlett & Associates Investment Management Ltd. (3.72%) and Intact Investment Management Inc. (1.91%).

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.

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), GE Aerospace (GE) and Jabil (JBL).

Company Calendar

Record date for 5/30 Dividend
5/13/2025
Ex-Dividend for 5/30 Dividend
5/13/2025
Dividend Payable
5/30/2025
Last Earnings
7/29/2025
Today
8/14/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
STEEL - PRODUCERS
Sub-Industry
Steel Works
Current Symbol
NASDAQ:ASTL
CIK
1860805
Fax
N/A
Employees
2,844
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
($2.23)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$62.28 million
Net Margins
-13.51%
Pretax Margin
N/A
Return on Equity
-22.24%
Return on Assets
-10.20%

Debt

Debt-to-Equity Ratio
0.47
Current Ratio
2.46
Quick Ratio
0.98

Sales & Book Value

Annual Sales
$2.49 billion
Price / Sales
0.20
Cash Flow
$1.33 per share
Price / Cash Flow
3.50
Book Value
$8.91 per share
Price / Book
0.52

Miscellaneous

Outstanding Shares
104,934,000
Free Float
96,781,000
Market Cap
$490.04 million
Optionable
Optionable
Beta
1.62
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This page (NASDAQ:ASTL) was last updated on 8/14/2025 by MarketBeat.com Staff
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