NASDAQ:ZEUS Olympic Steel (ZEUS) Stock Forecast, Price & News $41.82 -0.17 (-0.40%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$40.85▼$42.6050-Day Range$41.65▼$53.3152-Week Range$22.62▼$58.84Volume264,891 shsAverage Volume122,836 shsMarket Capitalization$465.46 millionP/E Ratio7.62Dividend Yield1.20%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Olympic Steel MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy3.26% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.75Upright™ Environmental ScoreNews Sentiment0.91Based on 6 Articles This WeekInsider TradingSelling Shares$4.21 M Sold Last QuarterProj. Earnings Growth13.89%From $3.60 to $4.10 Per ShareSee 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.2.92 out of 5 starsBasic Materials Sector19th out of 164 stocksMetals Service Centers & Offices Industry1st out of 4 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Olympic Steel. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.26% of the float of Olympic Steel has been sold short.Short Interest Ratio / Days to CoverOlympic Steel has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Olympic Steel has recently decreased by 13.05%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldOlympic Steel pays a meaningful dividend of 1.13%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthOlympic Steel has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Olympic Steel is 9.11%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Olympic Steel will have a dividend payout ratio of 12.20% next year. This indicates that Olympic Steel will be able to sustain or increase its dividend. Previous Next 0.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOlympic Steel has received a -95.20% net impact score from Upright. The largest negative impact of Olympic Steel in category "GHG emissions" seems to be driven mostly by its "Carbon steel", "Aluminium sheet", and "Coated steel" products. See details.Environmental SustainabilityThe Environmental Impact score for Olympic Steel is -3.75. Previous Next 3.3 News and Social Media Coverage News SentimentOlympic Steel has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.32 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Olympic Steel this week, compared to 2 articles on an average week.Search Interest28 people have searched for ZEUS on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Olympic Steel to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Olympic Steel insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,209,000.00 in company stock.Percentage Held by Insiders13.81% of the stock of Olympic Steel is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions77.46% of the stock of Olympic Steel is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Olympic Steel are expected to grow by 13.89% in the coming year, from $3.60 to $4.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Olympic Steel is 7.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Olympic Steel is 7.62, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 89.93.Price to Book Value per Share RatioOlympic Steel has a P/B Ratio of 0.89. 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 Olympic Steel (NASDAQ:ZEUS) StockOlympic Steel, Inc. engages in the processing, sale, and distribution of metal products. It operates through the following segments: Carbon Flat Products, Specialty Metals Flat Products, and Tubular and Pipe Products. The Carbon Flat Products segment includes large volumes of processed carbon and coated flat-rolled sheet, coil and plate products, and fabricated parts. The Specialty Metals Flat Products segment consists of processed aluminum and stainless flat-rolled sheet and coil products, flat bar products, and fabricated parts. The Tubular and Pipe Products segment covers metal tubing, pipes, bars, valves, and fittings and fabricated pressure parts. The company was founded by Sol Siegal and Sam Sigel in 1954 and is headquartered in Highland Hills, OH.Read More Receive ZEUS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Olympic Steel and its competitors with MarketBeat's FREE daily newsletter. Email Address ZEUS Stock News HeadlinesMay 30, 2023 | msn.comOlympic Steel goes ex dividend tomorrowMay 30, 2023 | americanbankingnews.comOlympic Steel, Inc. (NASDAQ:ZEUS) Short Interest Down 13.0% in MayMay 31, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.May 29, 2023 | americanbankingnews.comOlympic Steel, Inc. (ZEUS) to Issue Quarterly Dividend of $0.13 on June 15thMay 26, 2023 | finance.yahoo.comInvestors in Olympic Steel (NASDAQ:ZEUS) have seen massive returns of 344% over the past three yearsMay 22, 2023 | finance.yahoo.comInvestors Heavily Search Olympic Steel, Inc. (ZEUS): Here is What You Need to KnowMay 19, 2023 | americanbankingnews.comOlympic Steel (NASDAQ:ZEUS) Now Covered by Analysts at StockNews.comMay 16, 2023 | americanbankingnews.comResearch Analysts Set Expectations for Olympic Steel, Inc.'s Q2 2023 Earnings (NASDAQ:ZEUS)May 31, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.May 14, 2023 | americanbankingnews.comKeyCorp Equities Analysts Boost Earnings Estimates for Olympic Steel, Inc. (NASDAQ:ZEUS)May 11, 2023 | americanbankingnews.comOlympic Steel (NASDAQ:ZEUS) Lowered to Hold at StockNews.comMay 10, 2023 | seekingalpha.comUSGO, IMPP among Energy/Materials gainers; SMID, ZEUS among losersMay 9, 2023 | finance.yahoo.comHere is What to Know Beyond Why Olympic Steel, Inc. (ZEUS) is a Trending StockMay 7, 2023 | finance.yahoo.comOlympic Steel, Inc. (NASDAQ:ZEUS) Q1 2023 Earnings Call TranscriptMay 6, 2023 | msn.comOlympic Steel (ZEUS) Declares $0.12 DividendMay 3, 2023 | finance.yahoo.comDo You Believe Olympic Steel (ZEUS) Will be Back to Normal Levels?May 3, 2023 | americanbankingnews.comOlympic Steel (NASDAQ:ZEUS) Stock Price Up 4.5%May 3, 2023 | americanbankingnews.comOlympic Steel (ZEUS) Set to Announce Earnings on ThursdayApril 26, 2023 | finance.yahoo.comIs Trending Stock Olympic Steel, Inc. (ZEUS) a Buy Now?April 21, 2023 | finance.yahoo.comFreeport's (FCX) Earnings Top Estimates in Q1, Revenues LagApril 13, 2023 | finance.yahoo.comIs Olympic Steel, Inc.'s (NASDAQ:ZEUS) Recent Stock Performance Tethered To Its Strong Fundamentals?April 13, 2023 | finance.yahoo.comOlympic Steel, Inc. (ZEUS) is Attracting Investor Attention: Here is What You Should KnowApril 6, 2023 | finance.yahoo.comOlympic Steel Appoints New Vice President to Action Stainless & Alloys SubsidiaryApril 5, 2023 | finance.yahoo.com4 Top Steel Producer Stocks to Play the Industry StrengthApril 5, 2023 | finance.yahoo.comWebcast Alert: Olympic Steel to Announce First-Quarter 2023 Financial Results After Market Closes on May 4, 2023March 30, 2023 | finance.yahoo.comOlympic Steel (ZEUS) Gains But Lags Market: What You Should KnowMarch 26, 2023 | seekingalpha.comZEUS Throws A Thunderbolt: A 'Strong Buy' Steel StockSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ZEUS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Olympic Steel and its competitors with MarketBeat's FREE daily newsletter. Email Address ZEUS Company Calendar Last Earnings2/25/2021Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Today5/31/2023Ex-Dividend for 6/15 Dividend5/31/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Metals service centers & offices Sub-IndustrySteel SectorBasic Materials Current SymbolNASDAQ:ZEUS CUSIP68162K10 CIK917470 Webwww.olysteel.com Phone(216) 292-3800Fax216-292-3974Employees1,668Year Founded1954Profitability EPS (Most Recent Fiscal Year)$5.49 Trailing P/E Ratio7.76 Forward P/E Ratio11.83 P/E GrowthN/ANet Income$90.93 million Net Margins2.61% Pretax Margin3.53% Return on Equity13.10% Return on Assets6.65% Debt Debt-to-Equity Ratio0.49 Current Ratio3.56 Quick Ratio1.39 Sales & Book Value Annual Sales$2.56 billion Price / Sales0.19 Cash Flow$9.53 per share Price / Cash Flow4.47 Book Value$47.12 per share Price / Book0.90Miscellaneous Outstanding Shares11,130,000Free Float9,596,000Market Cap$474.14 million OptionableOptionable Beta1.77 Social Links Key ExecutivesRichard T. MarabitoChief Executive Officer & Inside DirectorAndrew S. GreiffPresident & Chief Operating OfficerRichard A. MansonChief Financial OfficerLisa K. ChristenTreasurer & Vice PresidentKen SloanVice PresidentKey CompetitorsL.B. FosterNASDAQ:FSTRRyersonNYSE:RYIAmerican VanguardNYSE:AVDClearwater PaperNYSE:CLWAmerican LithiumNASDAQ:AMLIView All CompetitorsInsiders & InstitutionsBrandywine Global Investment Management LLCBought 24,806 shares on 5/25/2023Ownership: 0.283%Ameriprise Financial Inc.Sold 109,949 shares on 5/22/2023Ownership: 1.909%JPMorgan Chase & Co.Sold 8,204 shares on 5/18/2023Ownership: 0.631%New York State Common Retirement FundSold 19,031 shares on 5/18/2023Ownership: 0.046%Thrivent Financial for LutheransSold 332 shares on 5/17/2023Ownership: 0.085%View All Insider TransactionsView All Institutional Transactions ZEUS Stock - Frequently Asked Questions How have ZEUS shares performed in 2023? Olympic Steel's stock was trading at $33.58 at the start of the year. Since then, ZEUS shares have increased by 26.9% and is now trading at $42.60. View the best growth stocks for 2023 here. Are investors shorting Olympic Steel? Olympic Steel saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 317,900 shares, a decline of 13.0% from the April 30th total of 365,600 shares. Based on an average daily trading volume, of 133,400 shares, the short-interest ratio is presently 2.4 days. Approximately 3.3% of the shares of the company are sold short. View Olympic Steel's Short Interest. When is Olympic Steel's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our ZEUS earnings forecast. How were Olympic Steel's earnings last quarter? Olympic Steel, Inc. (NASDAQ:ZEUS) released its earnings results on Thursday, February, 25th. The basic materials company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.10. The basic materials company had revenue of $331.55 million for the quarter. Olympic Steel had a trailing twelve-month return on equity of 13.10% and a net margin of 2.61%. How often does Olympic Steel pay dividends? What is the dividend yield for Olympic Steel? Olympic Steel declared a quarterly dividend on Wednesday, May 3rd. Shareholders of record on Thursday, June 1st will be paid a dividend of $0.125 per share on Thursday, June 15th. This represents a $0.50 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Wednesday, May 31st. Read our dividend analysis for ZEUS. What ETFs hold Olympic Steel's stock? ETFs with the largest weight of Olympic Steel (NASDAQ:ZEUS) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Cambria Value and Momentum ETF (VAMO), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco DWA Basic Materials Momentum ETF (PYZ), Invesco S&P SmallCap Materials ETF (PSCM), Roundhill Acquirers Deep Value ETF (DEEP) and First Trust Dow Jones Select Microcap Index Fund (FDM). Is Olympic Steel a good dividend stock? Olympic Steel (NASDAQ:ZEUS) pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.13%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ZEUS will have a dividend payout ratio of 12.20% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ZEUS. What is Richard T. Marabito's approval rating as Olympic Steel's CEO? 5 employees have rated Olympic Steel Chief Executive Officer Richard T. Marabito on Glassdoor.com. Richard T. Marabito has an approval rating of 100% among the company's employees. This puts Richard T. Marabito in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Olympic Steel own? Based on aggregate information from My MarketBeat watchlists, some companies that other Olympic Steel investors own include Universal Stainless & Alloy Products (USAP), Reliance Steel & Aluminum (RS), Gilead Sciences (GILD), International Business Machines (IBM), Tapestry (TPR), AbbVie (ABBV), Alibaba Group (BABA), Ryerson (RYI), Wells Fargo & Company (WFC) and Applied Optoelectronics (AAOI). What is Olympic Steel's stock symbol? Olympic Steel trades on the NASDAQ under the ticker symbol "ZEUS." Who are Olympic Steel's major shareholders? Olympic Steel's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (16.41%), Dimensional Fund Advisors LP (8.46%), State Street Corp (5.69%), Acadian Asset Management LLC (4.00%), Pacer Advisors Inc. (2.50%) and Ameriprise Financial Inc. (1.91%). Insiders that own company stock include Andrew S Greiff, David A Wolfort, David A Wolfort and Michael D Siegal. View institutional ownership trends. How do I buy shares of Olympic Steel? Shares of ZEUS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Olympic Steel's stock price today? One share of ZEUS stock can currently be purchased for approximately $42.60. How much money does Olympic Steel make? Olympic Steel (NASDAQ:ZEUS) has a market capitalization of $474.14 million and generates $2.56 billion in revenue each year. The basic materials company earns $90.93 million in net income (profit) each year or $5.49 on an earnings per share basis. How many employees does Olympic Steel have? The company employs 1,668 workers across the globe. Does Olympic Steel have any subsidiaries? The following companies are subsidiares of Olympic Steel: B. Metals Inc., Berlin Metals, Chicago Tube and Iron Company, IS Acquisition Inc, MCI Inc., Metales De Olympic S. de R. L. de C.V., Oly Steel NC Inc., Olympic Steel Iowa Inc, Olympic Steel Lafayette Inc., Olympic Steel Minneapolis Inc., Olympic Steel Trading Inc., and Tinsley Group – PS&W Inc..Read More How can I contact Olympic Steel? Olympic Steel's mailing address is 22901 MILLCREEK BOULEVARD SUITE 650, HIGHLAND HILLS OH, 44122. The official website for the company is www.olysteel.com. The basic materials company can be reached via phone at (216) 292-3800, via email at ir@olysteel.com, or via fax at 216-292-3974. This page (NASDAQ:ZEUS) was last updated on 5/31/2023 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 Olympic Steel, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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