TSE:ALC Algoma Central (ALC) Stock Price, News & Analysis C$14.21 -0.12 (-0.84%) (As of 09/6/2024 ET) Add Compare Share Share Today's RangeC$14.21▼C$14.3750-Day RangeC$14.10▼C$15.1052-Week RangeC$14.07▼C$15.58Volume4,159 shsAverage Volume12,009 shsMarket CapitalizationC$576.50 millionP/E Ratio8.56Dividend Yield5.35%Price TargetC$19.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Algoma Central alerts: Email Address Algoma Central MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside37.2% UpsideC$19.50 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring SharesC$1,410 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.75 out of 5 stars 2.0 Analyst's Opinion Amount of Analyst CoverageAlgoma Central has received no research coverage in the past 90 days.Read more about Algoma Central's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ALC. Previous Next 2.5 Dividend Strength Dividend LeadershipAlgoma Central is a leading dividend payer. It pays a dividend yield of 5.25%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlgoma Central does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Algoma Central is 45.78%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Algoma Central's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALC. Previous Next 2.6 News and Social Media Coverage News SentimentAlgoma Central has a news sentiment score of 0.59. 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 0.36 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Algoma Central this week, compared to 0 articles on an average week.Search InterestOnly 8 people have searched for ALC on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Algoma Central insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$1,410.00 in company stock and sold C$0.00 in company stock.Percentage Held by Insiders54.61% of the stock of Algoma Central is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 16.68% of the stock of Algoma Central is held by institutions.Read more about Algoma Central's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Algoma Central is 8.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Algoma Central is 8.56, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 458.41.Price to Book Value per Share RatioAlgoma Central has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Algoma Central's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… Click here now and learn how to prepare. About Algoma Central Stock (TSE:ALC)Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors. It also provides transportation services for liquid petroleum products throughout the Great Lakes, St. Lawrence Seaway, and Atlantic Canada regions. In addition, the company operates ocean self-unloading vessels; three global fleets, including fleet of specialized cement carriers, short sea mini bulkers, and hand-size bulkers; and provides specialized equipment or services on niche marine transportation markets. The company was formerly known as Algoma Central Railway and changed its name to Algoma Central Corporation in 1990. Algoma Central Corporation was incorporated in 1899 and is headquartered in Saint Catharines, Canada.Read More ALC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALC Stock News HeadlinesAugust 2, 2024 | finance.yahoo.comAlgoma Central Corporation Reports Financial Results for the 2024 Second QuarterAugust 1, 2024 | markets.businessinsider.comWhat Wall Street expects from Algoma Central's earningsSeptember 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.July 25, 2024 | theglobeandmail.comAlgoma Central: Top 10 Undervalued Industrials Sector Stocks on TSX (ALC)March 19, 2024 | ca.finance.yahoo.comStocks in play: Algoma Central CorporationMarch 12, 2024 | finance.yahoo.comAlgoma Central Corp (ACH.DU)March 6, 2024 | wsj.comAlgoma Central Corp.February 28, 2024 | finance.yahoo.comAlgoma Central Full Year 2023 Earnings: EPS: CA$2.15 (vs CA$3.17 in FY 2022)September 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.February 18, 2024 | seekingalpha.comALC:CA Algoma Central CorporationJanuary 18, 2024 | finance.yahoo.comAlgoma Central Corporation continues to grow product tanker business with the acquisition of two additional vesselsDecember 29, 2023 | theglobeandmail.comThe top 20 stocks on the TSX for a blend of value and momentumNovember 23, 2023 | finance.yahoo.comAlgoma Central Corporation Named One of Hamilton-Niagara’s Top Employers for the Second Year in a RowNovember 11, 2023 | morningstar.comAlgoma Central Corp ALCNovember 6, 2023 | msn.comAlgoma Central GAAP EPS of C$0.85, revenue of C$205.89MNovember 4, 2023 | theglobeandmail.comClosing Bell: Algoma Central Corp 5.25 Pct Debs flat on Friday (ALC-DB-A)November 3, 2023 | finance.yahoo.comAlgoma Central Corporation Reports Financial Performance for the 2023 Third QuarterOctober 20, 2023 | theglobeandmail.comAlgoma Central: Top 25 Undervalued Dividend Stocks on TSX (ALC)See More Headlines Receive ALC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Algoma Central and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/02/2024Ex-Dividend for 9/3 Dividend8/20/2024Dividend Payable9/03/2024Today9/07/2024Next Earnings (Estimated)11/01/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorIndustrials Industry Marine Shipping Sub-IndustryMedical Equipment Current SymbolTSE:ALC CUSIPN/A CIKN/A Webwww.algonet.com Phone+1-905-6877888FaxN/AEmployees25,200Year FoundedN/APrice Target and Rating Average Stock Price TargetC$19.50 High Stock Price TargetC$19.50 Low Stock Price TargetC$19.50 Potential Upside/Downside+37.2%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.66 Trailing P/E Ratio8.56 Forward P/E Ratio8.02 P/E GrowthN/ANet IncomeC$69.58 million Net Margins9.98% Pretax MarginN/A Return on Equity9.14% Return on Assets2.62% Debt Debt-to-Equity Ratio56.47 Current Ratio0.65 Quick Ratio2.06 Sales & Book Value Annual SalesC$697.39 million Price / Sales0.83 Cash FlowC$3.11 per share Price / Cash Flow4.57 Book ValueC$19.77 per share Price / Book0.72Miscellaneous Outstanding Shares40,570,000Free FloatN/AMarket CapC$576.50 million OptionableNot Optionable Beta0.72 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Gregg A. RuhlPresident, CEO & DirectorMr. Peter D. Winkley C.A.CPA, Executive VP & CFOMr. Stephen J. WrightExecutive Vice-President of Operations & TechnicalMr. J. Wesley Newton L.L.B.Executive VP of Strategy & Business Development and SecretaryMr. Christopher A. L. Lazarz C.A.CPA, Vice-President of Corporate FinanceMr. Jeffrey M. DeRosario P.Eng.Vice-President of MarketingMs. Cathy SmithVice-President of Human ResourcesMr. Thomas G. SiklosVice President of Real EstateMore ExecutivesKey CompetitorsRocky Mountain Equipment Alberta Ltd (RME.TO)TSE:RMENeovascTSE:NVCNOsisko MetalsCVE:OMStarr Peak MiningCVE:STEBelo Sun MiningTSE:BSXView All CompetitorsInsidersChristopher LazarzBought 100 shares on 6/24/2024Total: C$1,410.00 ($14.10/share)Jens GrønningBought 2,000 shares on 12/15/2023Total: C$30,140.00 ($15.07/share) ALC Stock Analysis - Frequently Asked Questions How have ALC shares performed this year? Algoma Central's stock was trading at C$14.95 at the beginning of 2024. Since then, ALC stock has decreased by 4.9% and is now trading at C$14.21. View the best growth stocks for 2024 here. How were Algoma Central's earnings last quarter? Algoma Central Co. (TSE:ALC) issued its quarterly earnings results on Friday, August, 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.81 by $0.37. The company had revenue of $180.97 million for the quarter, compared to analysts' expectations of $215.80 million. Algoma Central had a trailing twelve-month return on equity of 9.14% and a net margin of 9.98%. How do I buy shares of Algoma Central? Shares of ALC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What other stocks do shareholders of Algoma Central own? Based on aggregate information from My MarketBeat watchlists, some other companies that Algoma Central investors own include Air Canada (AC), BCE (BCE), Chorus Aviation (CHR), Extendicare (EXE), Aurora Cannabis (ACB), Algonquin Power & Utilities (AQN) and Brookfield Infrastructure Partners (BIP.UN). This page (TSE:ALC) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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