ETR:SZG Salzgitter (SZG) Stock Forecast, Price & News €25.08 +0.68 (+2.79%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range€24.40▼€25.0850-Day Range€24.34▼€31.5052-Week Range€18.99▼€41.64Volume55,296 shsAverage Volume273,405 shsMarket Capitalization$1.36 billionP/E Ratio2.83Dividend Yield3.99%Price Target€32.47 ProfileProfileAnalyst RatingsChartCompetitorsHeadlinesProfileAnalyst RatingsChartCompetitorsHeadlines Salzgitter MarketRank™ ForecastAnalyst Rating0.00 Rating ScoreUpside/Downside29.5% Upside€32.47 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.74 out of 5 stars 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of €32.47, Salzgitter has a forecasted upside of 29.5% from its current price of €25.08.Amount of Analyst CoverageSalzgitter has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for SZG. Previous Next 2.5 Dividend Strength Dividend LeadershipSalzgitter is a leading dividend payer. It pays a dividend yield of 4.07%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSalzgitter does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Salzgitter is 11.30%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SZG. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Salzgitter this week, compared to 0 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Salzgitter insiders have not sold or bought any company stock.Percentage Held by Insiders51.53% of the stock of Salzgitter is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 11.77% of the stock of Salzgitter is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Salzgitter is 2.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Salzgitter is 2.83, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.23.Price to Earnings Growth RatioDue to a projected decrease in earnings for Salzgitter, their PEG ratio cannot be calculated.Price to Book Value per Share RatioSalzgitter has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Salzgitter (ETR:SZG) StockSalzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces various high-grade heavy plates; and manufactures line pipes, HFI-welded tubes, and precision and stainless-steel tubes. The Trading segment operates a European sales network, as well as trading companies and agencies worldwide. The Technology segment engages in the provision of machinery and plants for the filling and packaging of beverages, as well as special machinery engineering for shoe manufacturing and elastomer production. The company also provides IT, facility management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany.Read More SZG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SZG Stock News HeadlinesSeptember 22, 2023 | finanznachrichten.deANALYSE-FLASH: DZ Bank senkt fairen Wert für Salzgitter auf 25 Euro - 'Halten'August 11, 2023 | fxstreet.comContinued concerns over China's economic health, UK GDP reading continues to be resilientSeptember 29, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.July 2, 2023 | finance.yahoo.comSalzgitter (ETR:SZG) Is Doing The Right Things To Multiply Its Share PriceJune 11, 2023 | finance.yahoo.comThe 6.6% return this week takes Salzgitter's (ETR:SZG) shareholders three-year gains to 180%May 21, 2023 | finance.yahoo.comWhy You Might Be Interested In Salzgitter AG (ETR:SZG) For Its Upcoming DividendApril 25, 2023 | finanznachrichten.deAktueller Chart SALZGITTER AktieApril 22, 2023 | msn.comBNP PARIBAS EXANE Downgrades Salzgitter (FWB:SZG)September 29, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.April 18, 2023 | finance.yahoo.comShould You Be Adding Salzgitter (ETR:SZG) To Your Watchlist Today?March 30, 2023 | finance.yahoo.comSalzgitter AG Just Recorded A 5.7% EPS Beat: Here's What Analysts Are Forecasting NextMarch 29, 2023 | finance.yahoo.comForecast: Analysts Think Salzgitter AG's (ETR:SZG) Business Prospects Have Improved DrasticallyMarch 17, 2023 | fxstreet.comECB members out in force on need to continue with tighteningMarch 15, 2023 | finance.yahoo.comSalzgitter AG (SZGPY) Shows Fast-paced Momentum But Is Still a Bargain StockMarch 6, 2023 | finance.yahoo.comShould Value Investors Buy Salzgitter (SZGPY) Stock?February 23, 2023 | finance.yahoo.comHere Is Why Bargain Hunters Would Love Fast-paced Mover Salzgitter AG (SZGPY)January 28, 2023 | finance.yahoo.comImproved Earnings Required Before Salzgitter AG (ETR:SZG) Stock's 35% Jump Looks JustifiedJanuary 19, 2023 | finance.yahoo.comSalzgitter (ETR:SZG) Is Experiencing Growth In Returns On CapitalJanuary 17, 2023 | finance.yahoo.comLooking for a Fast-paced Momentum Stock at a Bargain? Consider Salzgitter AG (SZGPY)December 29, 2022 | finance.yahoo.comSalzgitter (ETR:SZG) shareholders have earned a 14% CAGR over the last three yearsNovember 17, 2022 | finance.yahoo.comSalzgitter Third Quarter 2022 Earnings: Beats ExpectationsNovember 3, 2022 | finance.yahoo.comHere's Why We Think Salzgitter (ETR:SZG) Might Deserve Your Attention TodayOctober 4, 2022 | marketwatch.comEU Approves EUR1 Bln German Measure for Salzgitter DecarbonizationSeptember 21, 2022 | finanznachrichten.deAktien»Nachrichten»SALZGITTER AKTIE»Verhaltene Kauflaune bei Salzgitter-AktieSeptember 16, 2022 | finanznachrichten.deAktie von Salzgitter läuft heute schlechterAugust 31, 2022 | finanznachrichten.deKurs von Salzgitter fällt abJune 14, 2022 | uk.finance.yahoo.comSalzgitter Aktiengesellschaft (SZG.DE)See More Headlines Receive SZG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Salzgitter and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeETR Industry Steel Sub-IndustryN/A SectorBasic Materials Current SymbolETR:SZG CUSIPN/A CIKN/A Webwww.salzgitter-ag.com Phone+49-5341-2101FaxN/AEmployees23,855Year FoundedN/APrice Target and Rating Average Stock Price Forecast€32.47 High Stock Price Forecast€45.00 Low Stock Price Forecast€21.20 Forecasted Upside/Downside+29.5%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)€8.85 Trailing P/E Ratio2.83 Forward P/E Ratio2.60 P/E Growth-0.09Net Income$492.30 million Net Margins4.19% Pretax MarginN/A Return on Equity10.29% Return on Assets0.83% Debt Debt-to-Equity Ratio34.49 Current Ratio1.93 Quick Ratio0.89 Sales & Book Value Annual Sales$11.75 billion Price / Sales0.12 Cash Flow€13.26 per share Price / Cash Flow1.89 Book Value€90.90 per share Price / Book0.28Miscellaneous Outstanding Shares54,090,000Free FloatN/AMarket Cap$1.36 billion OptionableNot Optionable Beta2.15 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Gunnar Groebler (Age 51)Chairman of the Group Management Board & CEO Comp: $1.69MMr. Burkhard Becker (Age 63)CFO & Member of the Group Management Board Comp: $1.39MMr. Michael Kieckbusch (Age 62)Chief Personnel Officer & Member of the Group Management Board Comp: $1.4MMr. Ulrich GretheHead of the Strip Steel Bus. Unit & Member of the Management BoardMr. Kai AckerHead of the Group Technology Bus. Unit & Member of Group Management BoardDr. Sebastian BrossHead of Trading Bus. Unit & Member of the Group Management BoardMr. Uwe KruseCIO & Head of IT StrategyMr. Markus HeidlerHead of Investor Relations & Corp. CommunicationMr. Jan Mathias LesemannSr. Investor Relations Mang.More ExecutivesKey CompetitorsKlöckner & Co SEETR:KCOKWS SAAT SE & Co. KGaAETR:KWSSGL CarbonETR:SGLCropEnergiesETR:CE2LANXESS AktiengesellschaftETR:LXSView All Competitors SZG Stock - Frequently Asked Questions What is Salzgitter's stock price forecast for 2023? 0 brokerages have issued 1 year price targets for Salzgitter's shares. Their SZG share price forecasts range from €21.20 to €45.00. On average, they predict the company's stock price to reach €32.47 in the next year. This suggests a possible upside of 29.5% from the stock's current price. View analysts price targets for SZG or view top-rated stocks among Wall Street analysts. How have SZG shares performed in 2023? Salzgitter's stock was trading at €28.52 at the beginning of 2023. Since then, SZG shares have decreased by 12.1% and is now trading at €25.08. View the best growth stocks for 2023 here. Is Salzgitter a good dividend stock? Salzgitter (ETR:SZG) pays an annual dividend of €1.00 per share and currently has a dividend yield of 4.07%. SZG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 11.30%. This payout ratio is at a healthy, sustainable level, below 75%. What other stocks do shareholders of Salzgitter own? Based on aggregate information from My MarketBeat watchlists, some companies that other Salzgitter investors own include Aquinox Pharmaceuticals (AQXP), Anglo American (AAL), Accenture (ACN), Wacker Chemie (WCH), Alcoa (AA), AbbVie (ABBV), Ambev (ABEV), Adobe (ADBE), Anadarko Petroleum (APC) and ASV (ASV). What is Salzgitter's stock symbol? Salzgitter trades on the ETR under the ticker symbol "SZG." What is Salzgitter's stock price today? One share of SZG stock can currently be purchased for approximately €25.08. How much money does Salzgitter make? Salzgitter (ETR:SZG) has a market capitalization of $1.36 billion and generates $11.75 billion in revenue each year. The company earns $492.30 million in net income (profit) each year or €8.85 on an earnings per share basis. How many employees does Salzgitter have? The company employs 23,855 workers across the globe. How can I contact Salzgitter? Salzgitter's mailing address is Eisenhuettenstrasse 99, SALZGITTER, 38239, Germany. The official website for the company is www.salzgitter-ag.com. The company can be reached via phone at +49-5341-2101. This page (ETR:SZG) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Salzgitter AG Please log in to your account or sign up in order to add this asset to your watchlist. 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