Algoma Central Corporation delivered a strong earnings surprise, showcasing resilience amid challenging market conditions.
Recent earnings trend
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Algoma Central Corporation
ALC.TO
ALC.TO
Algoma Central Corporation
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Market cap
$947.26M
P/E
5.6x
Div. yield
3.49%
Div. / share
$0.82
52W high
$24.00
52W low
$15.83
1W change
+5.80%
Beta
0.41
Analyst Price Targets
Based on analyst covering ALC
Wall Street analysts forecast ALC stock price to fall 20.5% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$19.00
-20.5% Upside
Current Price
C$23.90
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ALC's historical volatility
30-Day Vol
22.5%
Annualized
90-Day Vol
24.5%
Annualized
Trend (90d)
+15.8%
Annualized drift
90d Mean
C$25.28
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$24.35 | C$22.53 โ C$26.32 |
| 60 trading days | C$24.81 | C$22.23 โ C$27.70 |
| 90 trading days | C$25.28 | C$22.10 โ C$28.93 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-11 | โ | 0.9900 | โ |
| 2026-06-30 | 2026-08-07 | 0.8772 | 0.8100 | +8.3% |
| 2026-03-31 | 2026-05-07 | 0.0548 | -0.6700 | +108.2% |
| 2025-12-31 | 2026-03-05 | 2.3167 | 0.7900 | +193.3% |
| 2025-09-30 | 2025-11-06 | 0.9721 | 0.9200 | +5.7% |
| 2025-06-30 | 2025-08-06 | 0.8100 | 0.7500 | +8.0% |
On August 7, 2026, Algoma Central Corporation (ALC.TO) reported its financial results for the second quarter of 2026, revealing an earnings per share (EPS) of 0.8772. This figure surpassed analysts' expectations by 8.3%, continuing a streak of positive earnings surprises over the last four quarters.
Investor takeaway: Investors should note Algoma's ability to consistently exceed earnings expectations, which may indicate strong operational performance and effective management strategies. However, the year-over-year EPS decline suggests challenges ahead, warranting caution.
EPS Surprises Continue: 8.3% Beat in Q2 2026
Algoma Central has now recorded four consecutive quarters of earnings beats. This trend shows its operational resilience but also emphasizes the need to keep an eye on future performance metrics closely.
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Bull case
Algoma has a solid track record of beating earnings estimates, reflecting strong operational efficiency and demand for its marine transportation services. With a low P/E ratio of 5.63 and a respectable dividend yield of 3.49%, the stock could be an attractive opportunity for value-oriented investors.
Bear case
Despite the recent earnings beat, Algoma's year-over-year EPS has dropped significantly, down 38.3% from the previous year's figure. Additionally, the consensus analyst rating remains bearish, with an average target price indicating potential downside from current levels.
Earnings Overview
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Revenue and Margins
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Analyst Ratings and Price Targets
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