Historical and current end-of-day data provided by FACTSET. Privacy Notice and For the third quarter, Alcoa said it expects slightly lower results from its bauxite business mostly on lower volume. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019© Refinitiv. AA is not currently paying a regular dividend. The Moderate Buy analyst consensus is based on 2 Buys versus 6 Holds. Cookie Notice. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. It increased its liquidity after completing the sale of $750 million worth of bonds on Monday, at a 5.5% coupon rate that was lower than any of its previous debt issuance, Alcoa said. Fundamental company data and analyst estimates provided by FactSet. Historical and current end-of-day data provided by FACTSET. The earnings outlook has been steadily improving since the start of Q3, as economic and business activities have resumed... Alcoa unveils 'low carbon' alumina to cut carbon footprint, Alcoa Corporation (AA) Investor Presentation - Slideshow. The Aluminum segment combines smelting and casting operations produce primary aluminum. A Warner Media Company. Timing the Market, Is it Possible? A debt ratio of 40% might be higher for one industry and normal for another.Importance Of Debt Besides equity, debt is an important factor in the capital structure of a company, and contributes to its growth. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Alcoa expects production to be up 5% at mining locations and up 2% at refining locations, compared with the first quarter of 2020, and primary aluminum production is expected to be up 3%. Alcoa (AA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. Alcoa has $13.30 billion in total assets, therefore making the debt-ratio 0.14. All rights reserved. Let's conquer your financial goals together...faster. Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. Businesses Stand to Gain From USMCA, Trump to Levy Tariffs on Brazil, Argentina, Cummins Cuts Revenue Forecast as Engine Buyers Pull Back, Alcoa Plans Up to $1 Billion in Asset Sales Amid Growth Fears, U.S. Stocks Rise on Strong Earnings Start, Miners’ New Worry: Other People’s Pollution. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.