MARKET COMPOSITE
AA - Alcoa Corp8:00:02 PM 5/17/2024
Price
$41.22
+ 1.07 (2.67%)
Alcoa Corporation is an American industrial corporation. It is the world's eighth largest producer of aluminum, with corporate headquarters in Pittsburgh, Pennsylvania. Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. In May 2007 Alcoa Inc. made a US$27 billion hostile takeover bid for Alcan in an attempt to form the world's largest aluminum producer. The bid was withdrawn when Alcan announced a friendly takeover by Rio Tinto in July 2007.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue2.6B+0%
Gross Profit195MM-
Cost Of Revenue2.4B-1%
Operating Income-325MM-
Operating Expenses520MM-
Net Income-252MM+68%
R&D11MM-21%
G&A60MM-6%
Interest Expense27MM-4%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Alcoa Corporation ( NYSE:AA ) will pay a dividend of $0.10 on the 7th of June. Including this payment, the dividend...

    PITTSBURGH, May 09, 2024--Alcoa Corporation (NYSE: AA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company’s common stock, to be paid on June 7, 2024 to stockholders of record as of the close of business on May 21, 2024.

    The equity could notch a fresh 52-week high

    There are some undervalued materials stocks for investors to consider buying in May. These companies are well-positioned to benefit from rising demand and prices for raw materials and commodities. In general, materials stocks can be attractive for investors seeking high dividend yields and inflation protection. Many well-established materials companies generate substantial free cash flow that they return to shareholders through consistent and growing dividends. The average dividend yield for the

    PITTSBURGH, May 06, 2024--Alcoa Corporation President and Chief Executive Officer William F. Oplinger will participate in a webcast session at the Bank of America Global Metals, Mining & Steel Conference in Miami, Florida, on Tuesday, May 14, 2024.

    Recently, Zacks.com users have been paying close attention to Alcoa (AA). This makes it worthwhile to examine what the stock has in store.

    An upgrade doesn’t have to be a Buy recommendation for a stock to move. Shares of Alcoa rose on Monday after Morgan Stanley analyst Carlos De Alba changed his rating on the stock to Hold from Sell. “We now see a more balanced risk-reward for Alcoa given the continued progress on cost-saving measures, reduced uncertainty on the path to resolving bauxite mining issues in Western Australia, and potentially more [Inflation Reduction Act] benefits to come,” wrote De Alba in a Monday report.

    Hello, Reader. Back in 1957, constructing a “futuristic” all-aluminum house probably sounded like a fantastic idea. By extension, investing in aluminum probably sounded like a good idea as well. But neither one of these opportunities created fortunes.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Minnesota house pictured below was one of 24 “Carefree” homes that the Alcoa Corp. (AA) Alcoa Aluminum Co. commissioned in the late 1950s. To highlight the marvels of aluminum, Alcoa

    Steel stocks have been in focus this week as President Joe Biden has shifted focus to the industry. On April 17, the White House announced plans to enact further tariffs on Chinese-imported steel. In a move intended to safeguard domestic steel and shipbuilding interests from Chinese competitors, Biden is planning to triple the tariffs levied against steel and aluminum imported from China. He recently traveled to Pittsburgh and spoke at the United Steelworkers headquarters, laying out his plans f

    Alcoa Corporation (NYSE:AA) Q1 2024 Earnings Call Transcript April 17, 2024 Alcoa Corporation misses on earnings expectations. Reported EPS is $-0.81 EPS, expectations were $-0.62. AA isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to the […]