Olympic Steel (NASDAQ:ZEUS - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.59 per share and revenue of $506.60 million for the quarter.
Olympic Steel (NASDAQ:ZEUS - Get Free Report) last announced its earnings results on Thursday, May 1st. The basic materials company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.03). The business had revenue of $492.94 million for the quarter, compared to analyst estimates of $466.80 million. Olympic Steel had a return on equity of 2.16% and a net margin of 0.88%.
Olympic Steel Price Performance
Shares of ZEUS stock traded up $0.49 during trading hours on Friday, hitting $33.27. 47,368 shares of the company's stock were exchanged, compared to its average volume of 68,333. The company has a quick ratio of 1.25, a current ratio of 3.16 and a debt-to-equity ratio of 0.41. The firm has a market cap of $371.29 million, a P/E ratio of 23.27 and a beta of 1.66. The firm has a 50 day moving average of $32.27 and a two-hundred day moving average of $32.56. Olympic Steel has a fifty-two week low of $26.32 and a fifty-two week high of $51.66.
Olympic Steel Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend was Monday, June 2nd. Olympic Steel's dividend payout ratio is currently 44.76%.
Wall Street Analyst Weigh In
Separately, KeyCorp reduced their price objective on Olympic Steel from $43.00 to $41.00 and set an "overweight" rating for the company in a research note on Tuesday, May 6th.
Get Our Latest Stock Analysis on Olympic Steel
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in ZEUS. Jane Street Group LLC increased its stake in shares of Olympic Steel by 81.6% in the 1st quarter. Jane Street Group LLC now owns 52,125 shares of the basic materials company's stock worth $1,643,000 after acquiring an additional 23,416 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Olympic Steel by 5.3% during the 1st quarter. Empowered Funds LLC now owns 64,038 shares of the basic materials company's stock worth $2,018,000 after purchasing an additional 3,233 shares during the period. AQR Capital Management LLC grew its holdings in shares of Olympic Steel by 3.6% during the 1st quarter. AQR Capital Management LLC now owns 144,049 shares of the basic materials company's stock worth $4,540,000 after purchasing an additional 4,951 shares during the period. Finally, Royal Bank of Canada grew its holdings in shares of Olympic Steel by 94.9% during the 1st quarter. Royal Bank of Canada now owns 24,649 shares of the basic materials company's stock worth $777,000 after purchasing an additional 12,002 shares during the period. 87.07% of the stock is owned by institutional investors and hedge funds.
About Olympic Steel
(
Get Free Report)
Olympic Steel, Inc processes, distributes, and stores metal products primarily in the United States, Canada, and Mexico. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The company offers stainless steel and aluminum coil and sheet products, angles, rounds, and flat bars; alloy, heat treated, and abrasion resistant coils, sheets and plates; coated metals, including galvanized, galvannealed, electro galvanized, advanced high strength steels, aluminized, and automotive grades of steel; commercial quality, advanced high strength steel, drawing steel, and automotive grades cold rolled steel coil and sheet products; hot rolled carbon comprising hot rolled coil, pickled and oiled sheet and plate steel products, automotive grades, advanced high strength steels, and high strength low alloys; tube, pipe, and bar products, including round, square, and rectangular mechanical and structural tubing; hydraulic and stainless tubing; boiler tubing; carbon, stainless, and aluminum pipes; valves and fittings; and tin mill products, such as electrolytic tinplate, electrolytic chromium coated steel, and black plates.
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