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NASDAQ:ZEUSOlympic Steel Stock Price, Forecast & News

$11.03
+0.89 (+8.78 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$9.45
Now: $11.03
$11.35
50-Day Range
$7.87
MA: $9.21
$10.48
52-Week Range
$7.74
Now: $11.03
$18.41
Volume156,161 shs
Average Volume63,436 shs
Market Capitalization$121.22 million
P/E Ratio55.15
Dividend Yield0.79%
Beta1.61
Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts. The Specialty Metals Flat Products segment sells and distributes processed aluminum and stainless flat-rolled sheets and coil products, flat bar products, and fabricated parts. The Tubular and Pipe Products segment distributes metal tubing products, pipes, bars, valves and fittings, and fabricated pressure parts. The company also provides various processing services comprising cutting-to-length, slitting, flattening, sawing and shearing, and value-added processing of blanking, tempering, plate burning, laser cutting, precision machining, welding, fabricating, bending, beveling, polishing, kitting, and painting to process metals to specified lengths, widths, and shapes. It serves metal consuming industries, such as manufacturers and fabricators of transportation and material handling lift equipment, construction, mining and farm equipment, storage tanks, environmental and energy generation equipment, automobiles, food service and electrical equipment, and military vehicles and 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 headquartered in Bedford Heights, Ohio.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.20 out of 5 stars


Industry, Sector and Symbol

Industry Metals service centers & offices
Sub-IndustrySteel
SectorBasic Materials
Current SymbolNASDAQ:ZEUS
CUSIP68162K10
Phone216-292-3800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.58 billion
Cash Flow$2.05 per share
Book Value$27.89 per share

Profitability

Net Income$3.86 million

Miscellaneous

Employees1,860
Market Cap$121.22 million
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Olympic Steel (NASDAQ:ZEUS) Frequently Asked Questions

How has Olympic Steel's stock been impacted by COVID-19 (Coronavirus)?

Olympic Steel's stock was trading at $9.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ZEUS stock has increased by 11.6% and is now trading at $11.03. View which stocks have been most impacted by Coronavirus.

When is Olympic Steel's next earnings date?

Olympic Steel is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Olympic Steel.

How were Olympic Steel's earnings last quarter?

Olympic Steel, Inc. (NASDAQ:ZEUS) released its earnings results on Friday, May, 1st. The basic materials company reported $0.05 EPS for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.01. The basic materials company had revenue of $354.38 million for the quarter, compared to analysts' expectations of $391.90 million. Olympic Steel had a net margin of 0.16% and a negative return on equity of 0.16%. View Olympic Steel's earnings history.

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

Olympic Steel announced a quarterly dividend on Friday, May 1st. Shareholders of record on Monday, June 1st will be given a dividend of $0.02 per share on Monday, June 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend is Friday, May 29th. View Olympic Steel's dividend history.

Has Olympic Steel been receiving favorable news coverage?

News articles about ZEUS stock have been trending extremely negative on Saturday, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Olympic Steel earned a news impact score of -4.6 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutOlympic Steel.

Are investors shorting Olympic Steel?

Olympic Steel saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 251,300 shares, an increase of 31.1% from the April 30th total of 191,700 shares. Based on an average daily volume of 67,700 shares, the short-interest ratio is currently 3.7 days. Approximately 2.8% of the company's shares are short sold. View Olympic Steel's Current Options Chain.

Who are some of Olympic Steel's key competitors?

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), IBM (IBM), AbbVie (ABBV), Alibaba Group (BABA), Gilead Sciences (GILD), Ryerson (RYI), Tapestry (TPR), American Airlines Group (AAL) and AK Steel (AKS).

Who are Olympic Steel's key executives?

Olympic Steel's management team includes the following people:
  • Mr. Michael D. Siegal, Exec. Chairman (Age 67)
  • Mr. Richard T. Marabito, CEO & Director (Age 55)
  • Mr. David A. Wolfort, Pres & Director (Age 67)
  • Mr. Richard A. Manson, Chief Financial Officer (Age 50)
  • Mr. Andrew S. Greiff, Exec. VP & COO (Age 58)

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 a number of retail and institutional investors. Top institutional shareholders include State Street Corp (2.78%), Acadian Asset Management LLC (2.41%), Invesco Ltd. (1.87%), Bank of New York Mellon Corp (1.31%), Morgan Stanley (1.25%) and Geode Capital Management LLC (1.22%). Company insiders that own Olympic Steel stock include Arthur F Anton, Ratta Ralph M Della Jr, Richard A Manson, Richard P Stovsky and Richard T Marabito. View institutional ownership trends for Olympic Steel.

Which institutional investors are selling Olympic Steel stock?

ZEUS stock was sold by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, Mackay Shields LLC, Morgan Stanley, Wells Fargo & Company MN, JPMorgan Chase & Co., Invesco Ltd., Squarepoint Ops LLC, and Grantham Mayo Van Otterloo & Co. LLC. View insider buying and selling activity for Olympic Steel.

Which institutional investors are buying Olympic Steel stock?

ZEUS stock was purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Russell Investments Group Ltd., State Street Corp, Bank of New York Mellon Corp, State of Tennessee Treasury Department, Strs Ohio, Rhumbline Advisers, and Massachusetts Financial Services Co. MA. Company insiders that have bought Olympic Steel stock in the last two years include Arthur F Anton, Ratta Ralph M Della Jr, Richard A Manson, Richard P Stovsky, and Richard T Marabito. View insider buying and selling activity for Olympic Steel.

How do I buy shares of Olympic Steel?

Shares of ZEUS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Olympic Steel's stock price today?

One share of ZEUS stock can currently be purchased for approximately $11.03.

How big of a company is Olympic Steel?

Olympic Steel has a market capitalization of $121.22 million and generates $1.58 billion in revenue each year. The basic materials company earns $3.86 million in net income (profit) each year or $0.11 on an earnings per share basis. Olympic Steel employs 1,860 workers across the globe.

What is Olympic Steel's official website?

The official website for Olympic Steel is www.olysteel.com.

How can I contact Olympic Steel?

Olympic Steel's mailing address is 22901 MILLCREEK BOULEVARD SUITE 650, HIGHLAND HILLS OH, 44122. The basic materials company can be reached via phone at 216-292-3800 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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