About AK Steel (NYSE:AKS)
AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Company also operates blast furnaces and electric arc furnaces. As of December 31, 2016, its operations included eight steelmaking and finishing plants, two coke plants and two tube manufacturing plants across states, including Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia, and a tube manufacturing plant in Mexico. These operations produce flat-rolled carbon, specialty stainless and electrical steels that it sells in sheet and strip form, and carbon and stainless steel that it finishes into welded steel tubing. It also produces metallurgical coal through its subsidiary, AK Coal Resources, Inc. In addition, the Company operates trading companies in Mexico and Europe that buy and sell steel and steel products and other materials.
Industry, Sector and Symbol
Industry Iron, Steel Mills & Foundries
Trailing P/E Ratio8.2
Forward P/E Ratio21.60
Sales & Book Value
Annual Sales$5.88 billion
Price / Sales0.29
Cash Flow$1.18 per share
Price / Cash4.59
Book Value$0.29 per share
Price / Book18.62
Return on Equity140.37%
Return on Assets4.97%
AK Steel (NYSE:AKS) Frequently Asked Questions
What is AK Steel's stock symbol?
AK Steel trades on the New York Stock Exchange (NYSE) under the ticker symbol "AKS."
How were AK Steel's earnings last quarter?
AK Steel Holding Co. (NYSE:AKS) released its quarterly earnings results on Tuesday, July, 26th. The basic materials company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.10. The basic materials company earned $1.49 billion during the quarter, compared to analysts' expectations of $1.53 billion. AK Steel had a return on equity of 140.37% and a net margin of 0.92%. The company's revenue was down 11.7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.36) EPS. View AK Steel's Earnings History.
When will AK Steel make its next earnings announcement?
Where is AK Steel's stock going? Where will AK Steel's stock price be in 2017?
14 brokers have issued 12-month price targets for AK Steel's stock. Their predictions range from $4.00 to $11.00. On average, they anticipate AK Steel's stock price to reach $7.33 in the next twelve months. View Analyst Ratings for AK Steel.
Are investors shorting AK Steel?
AK Steel saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 58,607,522 shares, an increase of 2.0% from the November 15th total of 57,481,813 shares. Based on an average trading volume of 13,342,134 shares, the days-to-cover ratio is currently 4.4 days. Approximately 19.0% of the shares of the company are sold short.
Who are some of AK Steel's key competitors?
Some companies that are related to AK Steel include Mineral Resources (MIN), Compania de Minas Buenaventura SAA (BVN), B2Gold (BTO), Sensient Technologies (SXT), Ivanhoe Mines (IVN), IAMGOLD (IMG), Whitecap Resources (WCP), Ingevity (NGVT), Armstrong World Industries (AWI), Salzgitter (SZGPY), Trinseo (TSE), Sims Metal Management (SGM), Yamana Gold (YRI), Domtar (UFS), Ferroglobe (GSM), Companhia Siderurgica Nacional (SID), Kronos Worldwide (KRO) and Kirkland Lake Gold (KL).
Who are AK Steel's key executives?
AK Steel's management team includes the folowing people:
- Kirk W. Reich, President, Chief Operating Officer (Age 48)
- Roger K. Newport, Chief Executive Officer, Director (Age 52)
- Jaime Vasquez, Chief Financial Officer, Vice President - Finance (Age 54)
- Gregory A. Hoffbauer, Chief Accounting Officer, Vice President, Controller (Age 50)
- Brian K. Bishop, Vice President - Carbon Steel Operations (Age 45)
- Michael A. Kercsmar, Vice President - Specialty Steel Operations (Age 45)
- Joseph C. Alter, Vice President, General Counsel, Corporate Secretary (Age 39)
- Scott M. Lauschke, Vice President - Sales and Customer Service (Age 47)
- Stephanie S. Bisselberg, Vice President - Human Resources (Age 46)
- Renee S. Filiatraut, Vice President - Litigation, Labor and External Affairs (Age 53)
Who owns AK Steel stock?
AK Steel's stock is owned by many different of institutional and retail investors. Top institutional investors include
DIVISION OF INVESTMENT, DEPARTMENT OF THE TREASURY, STATE OF NEW JERSEY
(5.18%), State of New Jersey Common Pension Fund D (4.64%), Dimensional Fund Advisors LP (1.93%), JPMorgan Chase & Co. (1.35%), Ameriprise Financial Inc. (1.32%) and Bank of New York Mellon Corp (1.15%). View Institutional Ownership Trends for AK Steel.
Who sold AK Steel stock? Who is selling AK Steel stock?
AK Steel's stock was sold by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Systematic Financial Management LP, New York State Common Retirement Fund, Sei Investments Co., First Trust Advisors LP, JPMorgan Chase & Co., Bank of New York Mellon Corp and LMR Partners LLP. View Insider Buying and Selling for AK Steel.
Who bought AK Steel stock? Who is buying AK Steel stock?
AK Steel's stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Ameriprise Financial Inc., Supplemental Annuity Collective Trust of NJ, Cipher Capital LP, American Century Companies Inc., NJ State Employees Deferred Compensation Plan, Harvey Partners LLC and Old Mutual Global Investors UK Ltd.. View Insider Buying and Selling for AK Steel.
How do I buy AK Steel stock?
Shares of AK Steel 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, Scottrade, Fidelity and Charles Schwab.
What is AK Steel's stock price today?
One share of AK Steel stock can currently be purchased for approximately $5.40.
How big of a company is AK Steel?
AK Steel has a market capitalization of $1.68 billion and generates $5.88 billion in revenue each year. The basic materials company earns $-7,790,000.00 in net income (profit) each year or $0.14 on an earnings per share basis. AK Steel employs 8,500 workers across the globe.
How can I contact AK Steel?
AK Steel's mailing address is 9227 CENTRE POINTE DRIVE, WEST CHESTER OH, 45069. The basic materials company can be reached via phone at 513-425-5000 or via email at [email protected]
MarketBeat Community Rating for AK Steel (AKS)MarketBeat's community ratings are surveys of what our community members think about AK Steel and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
AK Steel (NYSE:AKS) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.47||2.33||2.33||2.27|
|Ratings Breakdown: ||0 Sell Rating(s)|
8 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
10 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
8 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
9 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$7.02||$7.12||$7.78||$7.44|
|Price Target Upside: ||39.48% upside||68.23% upside||33.26% upside||27.11% upside|
AK Steel (NYSE:AKS) Consensus Price Target History
AK Steel (NYSE:AKS) Analyst Ratings History
(Data available from 12/12/2015 forward)
AK Steel (NYSE:AKS) Earnings History and Estimates Chart
AK Steel (NYSE AKS) Earnings History by Quarter
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$0.13||$0.19||$1.55 billion||$1.56 billion||View||N/A|
|4/25/2017||Q1 2017||$0.15||$0.19||$1.49 billion||$1.53 billion||View||N/A|
|1/24/2017||Q4 2016||$0.07||$0.25||$1.42 billion||$1.42 billion||View||N/A|
|10/25/2016||Q316||$0.13||$0.21||$1.47 billion||$1.45 billion||View||Listen|
|7/26/2016||Q216||($0.02)||$0.08||$1.53 billion||$1.49 billion||View||Listen|
|4/26/2016||Q116||($0.11)||($0.08)||$1.50 billion||$1.52 billion||View||Listen|
|1/26/2016||Q415||$0.01||$0.30||$1.58 billion||$1.54 billion||View||Listen|
|10/27/2015||Q315||($0.05)||$0.04||$1.71 billion||$1.71 billion||View||Listen|
|7/28/2015||Q215||($0.39)||($0.36)||$1.72 billion||$1.69 billion||View||Listen|
|4/28/2015||Q115||($0.24)||($0.28)||$1.74 billion||$1.75 billion||View||N/A|
|1/27/2015||Q414||$0.06||$0.14||$1.98 billion||$2.00 billion||View||N/A|
|11/4/2014||Q314||$0.09||$0.12||$1.49 billion||$1.59 billion||View||N/A|
|7/29/2014||Q214||($0.04)||$0.02||$1.51 billion||$1.53 billion||View||N/A|
|4/22/2014||Q114||($0.43)||($0.40)||$1.40 billion||$1.38 billion||View||N/A|
|1/27/2014||Q413||($0.12)||$0.09||$1.40 billion||$1.46 billion||View||N/A|
|10/22/2013||Q313||($0.12)||($0.23)||$1.39 billion||$1.33 billion||View||N/A|
|7/23/2013||Q2 2013||($0.33)||($0.30)||$1.42 billion||$1.41 billion||View||N/A|
|4/23/2013||Q1 2013||($0.11)||($0.07)||$1.39 billion||$1.37 billion||View||N/A|
|1/29/2013||Q4 2012||($0.36)||($0.30)||$1.42 billion||$1.42 billion||View||N/A|
AK Steel (NYSE:AKS) Earnings Estimates
2017 EPS Consensus Estimate: $0.30
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for AK Steel (NYSE:AKS)
No dividend announcements for this company have been tracked by MarketBeat.com
AK Steel (NYSE AKS) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.80%
Institutional Ownership Percentage: 65.31%
AK Steel (NYSE AKS) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/28/2016||Vicente Wright||Director||Sell||27,000||$6.70||$180,900.00|| |
|7/31/2015||Roger K Newport||CFO||Buy||5,000||$3.12||$15,600.00|| |
|2/10/2015||James A Thomson||Director||Sell||6,500||$4.20||$27,300.00|| |
|2/2/2015||James L Wainscott||CEO||Buy||10,000||$3.77||$37,700.00|| |
|2/2/2015||Joseph C Alter||VP||Buy||2,000||$3.79||$7,580.00|| |
|1/30/2015||Roger K Newport||CFO||Buy||5,000||$3.80||$19,000.00|| |
|1/29/2015||David C Horn||EVP||Buy||12,000||$3.73||$44,760.00|| |
|1/29/2015||Gregory A Hoffbauer||Insider||Buy||3,000||$3.82||$11,460.00|| |
|1/29/2015||Vicente Wright||Director||Buy||10,000||$3.80||$38,000.00|| |
|11/14/2014||Ralph S Michael III||Director||Buy||10,000||$6.25||$62,500.00|| |
|11/7/2014||Robert H Jenkins||Director||Buy||25,000||$6.31||$157,750.00|| |
|11/7/2014||Roger K Newport||CFO||Buy||5,000||$6.21||$31,050.00|| |
|11/6/2014||David C Horn||VP||Buy||20,000||$6.04||$120,800.00|| |
|11/6/2014||James L Wainscott||CEO||Buy||160,000||$6.18||$988,800.00|| |
|11/6/2014||Richard A Abdoo||Director||Buy||10,000||$6.15||$61,500.00|| |
|8/13/2014||Mark G Essig||Director||Buy||25,000||$9.80||$245,000.00|| |
|12/4/2012||Richard A Abdoo||Director||Buy||12,500||$3.95||$49,375.00|| |
|11/28/2012||Roger K Newport||CFO||Buy||5,000||$3.87||$19,350.00|| |
|11/27/2012||James L Wainscott||CEO||Buy||100,000||$3.85||$385,000.00|| |
|11/26/2012||Ralph S Michael III||Director||Buy||10,000||$3.82||$38,200.00|| |
|11/23/2012||John S Brinzo||Director||Buy||4,000||$3.84||$15,360.00|| |
AK Steel (NYSE AKS) News Headlines
AK Steel (NYSE:AKS) SEC Filings
AK Steel (NYSE:AKS) Income Statement, Balance Sheet and Cash Flow Statement
AK Steel (NYSE AKS) Stock Chart for Tuesday, December, 12, 2017