company background image
ALC

Algoma Central TSX:ALC Stock Report

Last Price

CA$16.47

Market Cap

CA$622.6m

7D

-0.9%

1Y

-3.5%

Updated

28 Jan, 2023

Data

Company Financials +

ALC Stock Overview

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St.

ALC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

My Notes

New

Notes are coming soon

Algoma Central Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Algoma Central
Historical stock prices
Current Share PriceCA$16.47
52 Week HighCA$18.90
52 Week LowCA$14.81
Beta0.87
1 Month Change-10.63%
3 Month Change-1.08%
1 Year Change-3.46%
3 Year Change28.37%
5 Year Change10.31%
Change since IPO1,035.86%

Recent News & Updates

Algoma Central (TSE:ALC) Has Announced That It Will Be Increasing Its Dividend To CA$0.18

Jan 16
Algoma Central (TSE:ALC) Has Announced That It Will Be Increasing Its Dividend To CA$0.18

Recent updates

Algoma Central (TSE:ALC) Has Announced That It Will Be Increasing Its Dividend To CA$0.18

Jan 16
Algoma Central (TSE:ALC) Has Announced That It Will Be Increasing Its Dividend To CA$0.18

Algoma Central (TSE:ALC) Is Due To Pay A Dividend Of CA$0.17

Nov 11
Algoma Central (TSE:ALC) Is Due To Pay A Dividend Of CA$0.17

Algoma Central (TSE:ALC) Has Affirmed Its Dividend Of CA$0.17

Aug 11
Algoma Central (TSE:ALC) Has Affirmed Its Dividend Of CA$0.17

Algoma Central (TSE:ALC) Has A Pretty Healthy Balance Sheet

Jun 17
Algoma Central (TSE:ALC) Has A Pretty Healthy Balance Sheet

Algoma Central (TSE:ALC) Has Announced A Dividend Of CA$0.17

May 08
Algoma Central (TSE:ALC) Has Announced A Dividend Of CA$0.17

Algoma Central (TSE:ALC) Has A Somewhat Strained Balance Sheet

Jun 10
Algoma Central (TSE:ALC) Has A Somewhat Strained Balance Sheet

When Should You Buy Algoma Central Corporation (TSE:ALC)?

Apr 12
When Should You Buy Algoma Central Corporation (TSE:ALC)?

Algoma Central (TSE:ALC) Is Experiencing Growth In Returns On Capital

Mar 30
Algoma Central (TSE:ALC) Is Experiencing Growth In Returns On Capital

Does Algoma Central Corporation (TSE:ALC) Have A Place In Your Dividend Portfolio?

Mar 17
Does Algoma Central Corporation (TSE:ALC) Have A Place In Your Dividend Portfolio?

Is Algoma Central (TSE:ALC) A Risky Investment?

Mar 04
Is Algoma Central (TSE:ALC) A Risky Investment?

Algoma Central Corporation's (TSE:ALC) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Feb 19
Algoma Central Corporation's (TSE:ALC) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

It Might Not Be A Great Idea To Buy Algoma Central Corporation (TSE:ALC) For Its Next Dividend

Feb 06
It Might Not Be A Great Idea To Buy Algoma Central Corporation (TSE:ALC) For Its Next Dividend

Here's What Algoma Central Corporation's (TSE:ALC) Shareholder Ownership Structure Looks Like

Feb 04
Here's What Algoma Central Corporation's (TSE:ALC) Shareholder Ownership Structure Looks Like

Algoma Central (TSE:ALC) Long Term Shareholders are 25% In The Black

Jan 18
Algoma Central (TSE:ALC) Long Term Shareholders are 25% In The Black

Is Now An Opportune Moment To Examine Algoma Central Corporation (TSE:ALC)?

Jan 03
Is Now An Opportune Moment To Examine Algoma Central Corporation (TSE:ALC)?

Here's Why We're Wary Of Buying Algoma Central's (TSE:ALC) For Its Upcoming Dividend

Dec 19
Here's Why We're Wary Of Buying Algoma Central's (TSE:ALC) For Its Upcoming Dividend

Here's How We Evaluate Algoma Central Corporation's (TSE:ALC) Dividend

Dec 14
Here's How We Evaluate Algoma Central Corporation's (TSE:ALC) Dividend

Algoma Central (TSE:ALC) Takes On Some Risk With Its Use Of Debt

Nov 26
Algoma Central (TSE:ALC) Takes On Some Risk With Its Use Of Debt

The Returns At Algoma Central (TSE:ALC) Provide Us With Signs Of What's To Come

Jul 30
The Returns At Algoma Central (TSE:ALC) Provide Us With Signs Of What's To Come

Would Shareholders Who Purchased Algoma Central's(TSE:ALC) Stock Five Years Be Happy With The Share price Today?

Jul 15
Would Shareholders Who Purchased Algoma Central's(TSE:ALC) Stock Five Years Be Happy With The Share price Today?

Is Algoma Central (TSE:ALC) A Risky Investment?

Jun 30
Is Algoma Central (TSE:ALC) A Risky Investment?

Shareholder Returns

ALCCA ShippingCA Market
7D-0.9%1.8%0.6%
1Y-3.5%-28.6%-0.6%

Return vs Industry: ALC exceeded the Canadian Shipping industry which returned -30.2% over the past year.

Return vs Market: ALC underperformed the Canadian Market which returned -0.6% over the past year.

Price Volatility

Is ALC's price volatile compared to industry and market?
ALC volatility
ALC Average Weekly Movement4.4%
Shipping Industry Average Movement6.8%
Market Average Movement9.9%
10% most volatile stocks in CA Market19.2%
10% least volatile stocks in CA Market3.9%

Stable Share Price: ALC is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ALC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18991,600Gregg Ruhlhttps://www.algonet.com

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway in Canada. The company operates in six segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, Investment Properties, and Corporate. It operates self-unloading bulk carriers; and owns and manages tankers for the transportation of liquid petroleum products throughout the Great Lakes, the St. Lawrence waterway, and the Atlantic Canada regions.

Algoma Central Corporation Fundamentals Summary

How do Algoma Central's earnings and revenue compare to its market cap?
ALC fundamental statistics
Market CapCA$622.65m
Earnings (TTM)CA$102.30m
Revenue (TTM)CA$646.75m

6.1x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALC income statement (TTM)
RevenueCA$646.75m
Cost of RevenueCA$459.53m
Gross ProfitCA$187.22m
Other ExpensesCA$84.92m
EarningsCA$102.30m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.71
Gross Margin28.95%
Net Profit Margin15.82%
Debt/Equity Ratio56.4%

How did ALC perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

25%

Payout Ratio

Does ALC pay a reliable dividends?

See ALC dividend history and benchmarks
When do you need to buy ALC by to receive an upcoming dividend?
Algoma Central dividend dates
Ex Dividend DateFeb 14 2023
Dividend Pay DateMar 01 2023
Days until Ex dividend17 days
Days until Dividend pay date32 days

Does ALC pay a reliable dividends?

See ALC dividend history and benchmarks