Algoma Central Reports Strong Q3 2025 Results with Fleet Expansion

The latest announcement is out from Algoma Central ( (TSE:ALC) ).

Algoma Central Corporation reported strong financial results for the third quarter of 2025, with revenues increasing to $228,035,000 from $204,644,000 in 2024, and EBITDA rising to $89,739,000 from $75,696,000. The quarter was marked by the delivery of the Algoma Legacy, the company’s 100th vessel, and investments in new mini-bulkers, reflecting fleet growth and strategic partnerships. Despite market uncertainties, all business segments performed well, with notable revenue increases in the Domestic Dry-Bulk and Product Tankers segments. However, joint venture equity earnings saw a slight decrease due to increased dry-dockings and softer market conditions.

The most recent analyst rating on (TSE:ALC) stock is a Hold with a C$18.50 price target. To see the full list of analyst forecasts on Algoma Central stock, see the TSE:ALC Stock Forecast page.

Spark’s Take on TSE:ALC Stock

According to Spark, TipRanks’ AI Analyst, TSE:ALC is a Neutral.

Algoma Central’s stock score is driven by its strong valuation, with an attractive P/E ratio and dividend yield. Financial performance is solid but hampered by concerns over leverage and cash flow. Technical indicators suggest the stock is overbought, which could lead to a short-term correction.

To see Spark’s full report on TSE:ALC stock, click here.

More about Algoma Central

Algoma Central Corporation is a Canadian company operating in the shipping industry, primarily focusing on domestic dry-bulk shipping, product tankers, and ocean self-unloaders. The company is known for its expanding global fleet and commitment to sustainability, with a focus on methanol-ready self-unloading vessels.

Average Trading Volume: 9,631

Technical Sentiment Signal: Buy

Current Market Cap: C$729.4M

Find detailed analytics on ALC stock on TipRanks’ Stock Analysis page.