B. Riley Reaffirms “Buy” Rating for Alcoa (NYSE:AA)

B. Riley reiterated their buy rating on shares of Alcoa (NYSE:AA) in a report issued on Tuesday morning, MarketBeat reports. B. Riley currently has a $38.00 price target on the industrial products company’s stock, down from their previous price target of $43.00. B. Riley also issued estimates for Alcoa’s Q2 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.65 EPS, Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $3.88 EPS, FY2026 earnings at $2.82 EPS and FY2027 earnings at $3.20 EPS.

AA has been the subject of several other research reports. Barclays increased their target price on Alcoa to $31.00 and gave the company a “hold” rating in a research note on Friday, May 16th. UBS Group reissued a “neutral” rating and issued a $31.00 price objective on shares of Alcoa in a research report on Thursday, May 15th. JPMorgan Chase & Co. boosted their target price on shares of Alcoa from $25.00 to $28.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 18th. Bank of America reiterated an “underperform” rating and set a $26.00 target price (down from $58.00) on shares of Alcoa in a research note on Tuesday, April 8th. Finally, HC Wainwright raised their price target on shares of Alcoa to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $42.33.

Alcoa Stock Performance

NYSE:AA opened at $29.91 on Tuesday. The firm has a market capitalization of $7.74 billion, a PE ratio of 9.01, a PEG ratio of 0.17 and a beta of 2.26. Alcoa has a 1 year low of $21.53 and a 1 year high of $47.77. The company has a current ratio of 1.71, a quick ratio of 1.00 and a debt-to-equity ratio of 0.43. The firm’s fifty day simple moving average is $27.27 and its 200 day simple moving average is $31.79.

Alcoa (NYSE:AA) last released its quarterly earnings results on Wednesday, April 16th. The industrial products company reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.42. The company had revenue of $3.37 billion during the quarter, compared to analysts’ expectations of $3.58 billion. Alcoa had a net margin of 6.79% and a return on equity of 18.56%. On average, sell-side analysts anticipate that Alcoa will post 4.43 EPS for the current year.

Alcoa Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Tuesday, May 20th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date was Tuesday, May 20th. Alcoa’s dividend payout ratio (DPR) is 12.05%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AA. Bessemer Group Inc. lifted its stake in shares of Alcoa by 77.1% in the 4th quarter. Bessemer Group Inc. now owns 680 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 296 shares during the period. Versant Capital Management Inc grew its position in shares of Alcoa by 134.7% in the 1st quarter. Versant Capital Management Inc now owns 906 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 520 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of Alcoa during the fourth quarter worth $29,000. Point72 Hong Kong Ltd bought a new position in shares of Alcoa during the fourth quarter worth about $36,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of Alcoa by 59.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,051 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 393 shares in the last quarter.

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.