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NASDAQ:ZEUS

Olympic Steel (ZEUS) Stock Price, News & Analysis

$47.47
-0.41 (-0.86%)
(As of 06/12/2024 ET)
Today's Range
$47.25
$49.19
50-Day Range
$47.88
$72.01
52-Week Range
$44.54
$73.49
Volume
72,520 shs
Average Volume
81,284 shs
Market Capitalization
$528.34 million
P/E Ratio
12.66
Dividend Yield
1.26%
Price Target
N/A

Olympic Steel MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
4.04% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.75
Upright™ Environmental Score
News Sentiment
0.93mentions of Olympic Steel in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.57 out of 5 stars

Basic Materials Sector

137th out of 168 stocks

Metals Service Centers & Offices Industry

4th out of 4 stocks

ZEUS stock logo

About Olympic Steel Stock (NASDAQ:ZEUS)

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. The company also provides cutting-to-length, slitting, shearing, blanking, tempering, stretcher-leveling, plate and laser processing, forming and machining, tube processing, finishing, and fabrication services, as well as value-added services, such as saw cutting, laser cutting, beveling, threading, and grooving services. It serves metal consuming industries, such as manufacturers and fabricators of transportation and material handling lift equipment, construction, mining and farm equipment, agriculture equipment, storage tanks, environmental and energy generation equipment, automobiles, food service, and electrical equipment, as well as general and plate fabricators, and metals service centers through direct sales force. Olympic Steel, Inc. was founded in 1954 and is based in Highland Hills, Ohio.

ZEUS Stock Price History

ZEUS Stock News Headlines

Olympic Steel: Q1 Earnings Snapshot
Olympic Steel Reports First-Quarter 2024 Results
Olympic Steel Inc.
Q4 2023 Olympic Steel Inc Earnings Call
Recap: Olympic Steel Q4 Earnings
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
3/01/2024
Dividend Payable
3/15/2024
Last Earnings
5/02/2024
Ex-Dividend for 6/17 Dividend
6/03/2024
Today
6/12/2024
Dividend Payable
6/17/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metals service centers & offices
Sub-Industry
Steel
Current Symbol
NASDAQ:ZEUS
CUSIP
68162K10
Employees
2,168
Year Founded
1954

Profitability

Net Income
$44.53 million
Pretax Margin
2.84%

Debt

Sales & Book Value

Annual Sales
$2.16 billion
Cash Flow
$6.02 per share
Book Value
$49.90 per share

Miscellaneous

Free Float
9,630,000
Market Cap
$541.70 million
Optionable
Optionable
Beta
1.54

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Key Executives

  • Mr. Michael D. Siegal (Age 72)
    Executive Chairman of the Board
    Comp: $477.1k
  • Mr. Richard T. Marabito (Age 60)
    CEO & Director
    Comp: $1.91M
  • Mr. Andrew S. Greiff (Age 63)
    President & COO
    Comp: $1.71M
  • Mr. Richard A. Manson (Age 55)
    Chief Financial Officer
    Comp: $1.41M
  • Ms. Lisa K. Christen (Age 47)
    VP & Treasurer
    Comp: $522.53k
  • Ms. Michelle Pearson-Casey SPHR
    Vice President of Corporate Communications & Marketing
  • Cassandra Powers
    Vice President of Human Resources
  • Mr. Francis M. Ruane
    Executive Vice President of Supply Chain
  • Dr. Donald R. McNeeley Ph.D. (Age 70)
    Chairman of Chicago Tube & Iron
    Comp: $1.32M
  • Mr. Andrew Markowitz
    President of Specialty Metals

ZEUS Stock Analysis - Frequently Asked Questions

How have ZEUS shares performed in 2024?

Olympic Steel's stock was trading at $66.70 on January 1st, 2024. Since then, ZEUS shares have decreased by 28.0% and is now trading at $48.01.
View the best growth stocks for 2024 here
.

Are investors shorting Olympic Steel?

Olympic Steel saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 395,200 shares, an increase of 23.5% from the May 15th total of 319,900 shares. Based on an average daily trading volume, of 83,900 shares, the days-to-cover ratio is presently 4.7 days. Approximately 4.0% of the company's stock are short sold.
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 1st 2024.
View our ZEUS earnings forecast
.

How were Olympic Steel's earnings last quarter?

Olympic Steel, Inc. (NASDAQ:ZEUS) issued its quarterly earnings data on Thursday, May, 2nd. The basic materials company reported $0.77 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.04. The basic materials company had revenue of $526.64 million for the quarter, compared to the consensus estimate of $550.80 million. Olympic Steel had a trailing twelve-month return on equity of 6.39% and a net margin of 2.05%.

How often does Olympic Steel pay dividends? What is the dividend yield for Olympic Steel?

Olympic Steel announced a quarterly dividend on Wednesday, May 1st. Investors of record on Monday, June 3rd will be paid a dividend of $0.15 per share on Monday, June 17th. This represents a $0.60 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Monday, June 3rd.
Read our dividend analysis for ZEUS
.

Is Olympic Steel a good dividend stock?

Olympic Steel (NASDAQ:ZEUS) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.23%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.00%. This payout ratio is at a healthy, sustainable level, below 75%.
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?
Who are Olympic Steel's major shareholders?

Olympic Steel's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.12%), Acadian Asset Management LLC (3.16%), Jacobs Levy Equity Management Inc. (0.98%), Sei Investments Co. (0.69%), Assenagon Asset Management S.A. (0.64%) and Russell Investments Group Ltd. (0.53%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:ZEUS) was last updated on 6/12/2024 by MarketBeat.com Staff

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