Algoma Steel Ownership
| ASTL Stock | USD 6.15 0.16 2.54% |
Shares in Circulation | First Issued 2013-03-31 | Previous Quarter 133.1 M | Current Value 133.1 M | Avarage Shares Outstanding 188.8 M | Quarterly Volatility 137.6 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Algoma |
Algoma Stock Ownership Analysis
About 80.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.69. Some equities with similar Price to Book (P/B) outperform the market in the long run. Algoma Steel Group recorded a loss per share of 1.01. The entity last dividend was issued on the 21st of March 2025. Algoma Steel Group Inc. produces and sells steel products primarily in North America. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Algoma Steel operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 2734 people. For more info on Algoma Steel Group please contact Michael Garcia at 705-945-2351 or go to https://algoma.com.Besides selling stocks to institutional investors, Algoma Steel also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Algoma Steel's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Algoma Steel's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Algoma Steel Quarterly Liabilities And Stockholders Equity |
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About 8.0% of Algoma Steel Group are currently held by insiders. Unlike Algoma Steel's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Algoma Steel's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Algoma Steel's insider trades
Algoma Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Algoma Steel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Algoma Steel Group backward and forwards among themselves. Algoma Steel's institutional investor refers to the entity that pools money to purchase Algoma Steel's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Scheer, Rowlett & Assoc Invest Mgmt Ltd. | 2024-12-31 | 2.2 M | Towle & Co | 2024-12-31 | 1.9 M | Tcw Group Inc | 2024-12-31 | 1.6 M | Littlejohn & Co Llc | 2024-12-31 | 1.5 M | Aegis Financial Corporation | 2024-12-31 | 1.5 M | Arrowstreet Capital Limited Partnership | 2024-12-31 | 1.3 M | J. Goldman & Co Lp | 2024-12-31 | 1.2 M | Intact Investment Management, Inc. | 2024-12-31 | 1.2 M | Yaupon Capital Management Lp | 2024-12-31 | 1.1 M | Donald Smith & Co Inc | 2024-12-31 | 8.1 M | Mmcap International Inc. Spc | 2024-12-31 | 6.6 M |
Algoma Steel Outstanding Bonds
Algoma Steel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Algoma Steel Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Algoma bonds can be classified according to their maturity, which is the date when Algoma Steel Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Algoma Steel Corporate Filings
| 13th of March 2025 Other Reports | ViewVerify | |
6K | 28th of February 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 13th of February 2025 Other Reports | ViewVerify | |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
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Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algoma Steel. If investors know Algoma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algoma Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Dividend Share 0.288 | Earnings Share (1.01) | Revenue Per Share | Quarterly Revenue Growth (0.04) |
The market value of Algoma Steel Group is measured differently than its book value, which is the value of Algoma that is recorded on the company's balance sheet. Investors also form their own opinion of Algoma Steel's value that differs from its market value or its book value, called intrinsic value, which is Algoma Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algoma Steel's market value can be influenced by many factors that don't directly affect Algoma Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algoma Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algoma Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algoma Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.