AK Steel Holding Company Profile (NYSE:AKS)

About AK Steel Holding

AK Steel Holding logoAK Steel Holding Corporation is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Company operates approximately eight steelmaking and finishing plants, over two coke plants and approximately two tube manufacturing plants across states, which include Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia. 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. The Company also produces metallurgical coal through its subsidiary, AK Coal Resources, Inc. (AK Coal). In addition, the Company operates trading companies in Mexico and Europe that buy and sell steel and steel products and other materials. It sells flat-rolled carbon steel products, consisting of coated, cold-rolled, and hot-rolled carbon steel products.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Steel & Iron
  • Sub-Industry: Steel
  • Exchange: NYSE
  • Symbol: AKS
  • CUSIP: 00154710
Key Metrics:
  • Previous Close: $8.75
  • 50 Day Moving Average: $9.15
  • 200 Day Moving Average: $7.12
  • 52-Week Range: $2.27 - $11.39
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.05
  • P/E Growth: 0.37
  • Market Cap: $2.78B
  • Outstanding Shares: 314,160,000
  • Beta: 2.6
Profitability:
  • Net Margins: -0.13%
  • Return on Equity: -47.34%
  • Return on Assets: 3.27%
Debt:
  • Debt-to-Equity Ratio: 20.03%
  • Current Ratio: 2.11%
  • Quick Ratio: 0.82%
Additional Links:
Companies Related to AK Steel Holding:

Analyst Ratings

Consensus Ratings for AK Steel Holding (NYSE:AKS) (?)
Ratings Breakdown: 2 Sell Ratings, 8 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $7.58 (14.29% downside)

Analysts' Ratings History for AK Steel Holding (NYSE:AKS)
Show:
DateFirmActionRatingPrice TargetDetails
2/13/2017Morgan StanleyDowngradeOverweight -> Equal Weight$8.39 -> $11.00View Rating Details
1/25/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$8.00View Rating Details
1/25/2017Jefferies Group LLCReiterated RatingBuy$11.50View Rating Details
1/19/2017Citigroup Inc.DowngradeNeutral -> Sell$8.00View Rating Details
1/12/2017Credit Suisse GroupDowngradeOutperform -> Neutral$8.00 -> $9.50View Rating Details
12/5/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
11/29/2016MacquarieDowngradeOutperform -> Neutral$9.10 -> $9.00View Rating Details
10/26/2016Cowen and CompanyBoost Price TargetMarket Perform$7.00 -> $8.00View Rating Details
10/26/2016Bank of America CorpUpgradeUnderperform -> Buy$8.00View Rating Details
8/22/2016Rosenblatt SecuritiesInitiated CoverageBuy$6.00View Rating Details
8/19/2016KeyCorpDowngradeSector Weight -> Underweight$5.15 -> $4.00View Rating Details
8/3/2016Barclays PLCBoost Price TargetEqual Weight$5.00 -> $6.00View Rating Details
3/9/2016NomuraBoost Price TargetNeutral$2.50 -> $3.50View Rating Details
9/20/2015BMO Capital MarketsReiterated RatingHoldView Rating Details
9/18/2015Morningstar, Inc.Reiterated RatingBuyView Rating Details
9/9/2015BB&T CorporationInitiated CoverageHoldView Rating Details
4/14/2015Clarkson CapitalInitiated CoverageBuy$5.80View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for AK Steel Holding (NYSE:AKS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
1/24/2017Q4 2016$0.09$0.25$1.42 billion$1.42 billionViewN/AView Earnings Details
10/25/2016Q316$0.13$0.21$1.47 billion$1.45 billionViewListenView Earnings Details
7/26/2016Q216($0.02)$0.08$1.53 billion$1.49 billionViewListenView Earnings Details
4/26/2016Q116($0.11)($0.08)$1.50 billion$1.52 billionViewListenView Earnings Details
1/26/2016Q415$0.01$0.30$1.58 billion$1.54 billionViewListenView Earnings Details
10/27/2015Q315($0.05)$0.04$1.71 billion$1.71 billionViewListenView Earnings Details
7/28/2015Q215($0.39)($0.36)$1.72 billion$1.69 billionViewListenView Earnings Details
4/28/2015Q115($0.24)($0.28)$1.74 billion$1.75 billionViewN/AView Earnings Details
1/27/2015Q414$0.05$0.14$1.98 billion$2.00 billionViewN/AView Earnings Details
11/4/2014Q314$0.08$0.12$1.49 billion$1.59 billionViewN/AView Earnings Details
7/29/2014Q214($0.04)($0.13)$1.51 billion$1.53 billionViewN/AView Earnings Details
4/22/2014Q114($0.43)($0.40)$1.40 billion$1.38 billionViewN/AView Earnings Details
1/27/2014Q413($0.12)$0.09$1.40 billion$1.46 billionViewN/AView Earnings Details
10/22/2013Q313($0.12)($0.23)$1.39 billion$1.33 billionViewN/AView Earnings Details
7/23/2013Q2 2013($0.33)($0.30)$1.42 billion$1.41 billionViewN/AView Earnings Details
4/23/2013Q1 2013($0.11)($0.07)$1.39 billion$1.37 billionViewN/AView Earnings Details
1/29/2013Q4 2012($0.36)($0.30)$1.42 billion$1.42 billionViewN/AView Earnings Details
10/23/2012($0.37)($0.25)ViewN/AView Earnings Details
7/24/2012$0.05$0.10ViewN/AView Earnings Details
4/24/2012($0.12)($0.11)ViewN/AView Earnings Details
1/24/2012($0.39)($0.26)ViewN/AView Earnings Details
10/25/2011$0.01$0.02ViewN/AView Earnings Details
7/26/2011$0.49$0.32ViewN/AView Earnings Details
4/26/2011($0.01)$0.08ViewN/AView Earnings Details
1/25/2011($0.63)($0.49)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for AK Steel Holding (NYSE:AKS)
Current Year EPS Consensus Estimate: $0.72 EPS
Next Year EPS Consensus Estimate: $0.80 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163($0.15)($0.07)($0.11)
Q2 20164($0.29)$0.12($0.14)
Q3 20164$0.08$0.16$0.12
Q4 20163$0.02$0.11$0.08
Q1 20171$0.21$0.21$0.21
(Data provided by Zacks Investment Research)

Dividends

Dividend History for AK Steel Holding (NYSE:AKS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for AK Steel Holding (NYSE:AKS)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 62.21%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/28/2016Vicente WrightDirectorSell27,000$6.70$180,900.00View SEC Filing  
7/31/2015Roger K NewportCFOBuy5,000$3.12$15,600.00View SEC Filing  
2/10/2015James A ThomsonDirectorSell6,500$4.20$27,300.00View SEC Filing  
2/2/2015James L WainscottCEOBuy10,000$3.77$37,700.00View SEC Filing  
2/2/2015Joseph C AlterVPBuy2,000$3.79$7,580.00View SEC Filing  
1/30/2015Roger K NewportCFOBuy5,000$3.80$19,000.00View SEC Filing  
1/29/2015David C HornEVPBuy12,000$3.73$44,760.00View SEC Filing  
1/29/2015Gregory A HoffbauerInsiderBuy3,000$3.82$11,460.00View SEC Filing  
1/29/2015Vicente WrightDirectorBuy10,000$3.80$38,000.00View SEC Filing  
11/14/2014Ralph S Michael IIIDirectorBuy10,000$6.25$62,500.00View SEC Filing  
11/7/2014Robert H JenkinsDirectorBuy25,000$6.31$157,750.00View SEC Filing  
11/7/2014Roger K NewportCFOBuy5,000$6.21$31,050.00View SEC Filing  
11/6/2014David C HornVPBuy20,000$6.04$120,800.00View SEC Filing  
11/6/2014James L WainscottCEOBuy160,000$6.18$988,800.00View SEC Filing  
11/6/2014Richard A AbdooDirectorBuy10,000$6.15$61,500.00View SEC Filing  
8/13/2014Mark G EssigDirectorBuy25,000$9.80$245,000.00View SEC Filing  
12/4/2012Richard A AbdooDirectorBuy12,500$3.95$49,375.00View SEC Filing  
11/28/2012Roger K NewportCFOBuy5,000$3.87$19,350.00View SEC Filing  
11/27/2012James L WainscottCEOBuy100,000$3.85$385,000.00View SEC Filing  
11/26/2012Ralph S Michael IIIDirectorBuy10,000$3.82$38,200.00View SEC Filing  
11/23/2012John S BrinzoDirectorBuy4,000$3.84$15,360.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for AK Steel Holding (NYSE:AKS)
DateHeadline
News IconTraders Secrets on Avon Products, Inc. (AVP), AK Steel Holding Corporation (AKS) - StockNewsJournal (NYSE:AKS)
stocknewsjournal.com - February 21 at 6:53 AM
News IconAK Steel Holding Corporation (NYSE:AKS) Shares on the Go mid-Session - Winfield Review (NYSE:AKS)
winfieldreview.com - February 19 at 6:49 AM
News IconThe AK Steel Holding Corp. (AKS) Sees Large Decrease in Short Interest (NYSE:AKS)
nyhetsbanken.info - February 17 at 6:42 PM
News IconAK Steel Holding Corporation (NYSE:AKS) & Annaly Capital Management (NYSE:AKS)
prensariotiretail.com - February 17 at 6:42 PM
seekingalpha.com logoAK Steel Holding Corp (AKS) (NYSE:AKS)
seekingalpha.com - February 17 at 6:42 PM
News IconLet's Get Complex With AK Steel Holding Corporation (AKS) (NYSE:AKS)
mundoaguaysaneamiento.net - February 16 at 8:29 PM
News IconThe Analysts Issue Forecasts for AK Steel Holding Corporation's FY2018 Earnings (AKS) (NYSE:AKS)
cloudhostinghq.net - February 16 at 8:29 PM
News IconAK Steel Holding Corporation (AKS) added to 68 new portfolios (NYSE:AKS)
fairydetox.org - February 16 at 8:29 PM
News IconABR Of AK Steel Holding Corporation (NYSE:AKS) At 3 - Stock Observer (NYSE:AKS)
www.thestockobserver.com - February 16 at 3:29 PM
finance.yahoo.com logoUnusual Activity: Big buyers go in AK Steel Holding (NYSE:AKS)
finance.yahoo.com - February 16 at 3:29 PM
News IconHow Does AK Steel Holding Corporation (AKS) Stack Up Right Now? - StockNewsJournal (NYSE:AKS)
stocknewsjournal.com - February 16 at 7:37 AM
News IconTraders Secrets on AK Steel Holding Corporation (AKS), Cliffs Natural Resources Inc. (CLF) - StockNewsJournal (NYSE:AKS)
stocknewsjournal.com - February 16 at 7:37 AM
finance.yahoo.com logoAre Options Traders Betting on a Big Move in AK Steel Holding (AKS) Stock? (NYSE:AKS)
finance.yahoo.com - February 16 at 7:37 AM
cnbc.com logoCramer: The stock that's gotten the green light from President Trump (NYSE:AKS)
www.cnbc.com - February 14 at 8:45 PM
News IconLookout for Price Target? Cliffs Natural Resources (CLF), AK Steel Holding Corp. AKS) - StockNewsJournal (NYSE:AKS)
stocknewsjournal.com - February 14 at 3:43 PM
News IconHow Does the Chart Look for AK Steel Holding Corporation (AKS) ? - The USA Commerce (NYSE:AKS)
theusacommerce.com - February 14 at 3:43 PM
schaeffersresearch.com logoAK Steel, Reynolds American, Travelers Downgraded (NYSE:AKS)
www.schaeffersresearch.com - February 14 at 1:58 AM
News IconAK Steel Holding Corporation (AKS) Downgraded to Equal Weight at Morgan Stanley (NYSE:AKS)
brassale.net - February 14 at 1:58 AM
us.rd.yahoo.com logoAK Steel downgraded by Morgan Stanley (NYSE:AKS)
us.rd.yahoo.com - February 14 at 1:58 AM
us.rd.yahoo.com logoInfrastructure, Tariffs, and China America's Steel Industry Trump to the Rescue (NYSE:AKS)
us.rd.yahoo.com - February 14 at 1:58 AM
News IconShares of AK Steel Holding Corporation (AKS) Sees Large Inflow of Net Money Flow - Highland Mirror (NYSE:AKS)
www.highlandmirror.com - February 13 at 3:54 PM
News IconWhy Analysts put forward these two stocks: AK Steel Holding Corporation (AKS), Frontier Communications Corporation ... - The USA Commerce (NYSE:AKS)
theusacommerce.com - February 13 at 3:54 PM
marketrealist.com logoArcelorMittal’s 4Q16 Earnings Beat Wasn’t a Surprise (NYSE:AKS)
marketrealist.com - February 13 at 3:54 PM
News IconChecking Out the Technicals for AK Steel Holding Corporation (AKS) - The USA Commerce (NYSE:AKS)
theusacommerce.com - February 11 at 3:26 PM
News IconAK Steel Holding Corporation (NYSE:AKS) Quarterly EPS Projection At $0.17 - Stock Observer (NYSE:AKS)
www.thestockobserver.com - February 11 at 3:26 PM
News IconComprehensive Stock Analysis of: AK Steel Holding Corporation (NYSE:AKS) (NYSE:AKS)
prensariotiretail.com - February 10 at 8:59 PM
News IconWhy Investors remained confident on AK Steel Holding Corporation ... - StockNewsJournal (NYSE:AKS)
stocknewsjournal.com - February 10 at 3:55 PM
marketrealist.com logoHow Do Analysts Rate Nucor after Its 4Q16 Earnings? (NYSE:AKS)
marketrealist.com - February 10 at 3:55 PM
marketrealist.com logoNucor’s Outlook: Why Are Its Top Executives So Optimistic? (NYSE:AKS)
marketrealist.com - February 10 at 3:55 PM
thestreet.com logoAK Steel Is a Buy on This Pullback (NYSE:AKS)
realmoney.thestreet.com - February 10 at 3:55 PM
News IconAnalytical Guide for AK Steel Holding Corporation (AKS), AMC Entertainment Holdings, Inc. (AMC) Stakeholders - The USA Commerce (NYSE:AKS)
theusacommerce.com - February 9 at 8:30 PM
News IconTaking a Fresh Look at AK Steel Holding Corporation (AKS) - StockNewsJournal (NYSE:AKS)
stocknewsjournal.com - February 9 at 3:28 PM
marketrealist.com logoWhy Did Wall Street Turn Bearish on AK Steel? (NYSE:AKS)
marketrealist.com - February 9 at 3:28 PM
marketrealist.com logoIs the Market Concerned about AK Steel’s 2017 Outlook? (NYSE:AKS)
marketrealist.com - February 9 at 3:28 PM
marketrealist.com logoIs an Automotive Slowdown Looming over AK Steel? (NYSE:AKS)
marketrealist.com - February 9 at 3:28 PM
investors.com logoU.S. Steel Leads Sector Advance As Trump Vows 'Phenomenal' Tax News (NYSE:AKS)
www.investors.com - February 9 at 3:28 PM
News IconAK Steel Holding Corporation (NYSE:AKS) Stock Price Target Given At $8.875 - Transcript Daily (NYSE:AKS)
transcriptdaily.com - February 8 at 8:39 PM
News IconWhy Analysts put forward these two stocks: AK Steel Holding Corporation (AKS), Southwestern Energy Company (SWN) - The USA Commerce (NYSE:AKS)
www.theusacommerce.com - February 8 at 3:37 PM
istreetwire.com logo3 Trending Stocks: AK Steel Holding Corporation (AKS), MYOS ... - iStreetWire (NYSE:AKS)
istreetwire.com - February 8 at 3:37 PM
News IconTaking a Look at the Chart for AK Steel Holding Corporation (AKS) - The USA Commerce (NYSE:AKS)
www.theusacommerce.com - February 8 at 3:37 PM
News IconTraders Secrets on AK Steel Holding Corporation (AKS), JC Penney Company, Inc. (JCP) - StockNewsJournal (NYSE:AKS)
stocknewsjournal.com - February 8 at 3:37 PM
investorplace.com logo3 Big Stock Charts for Wednesday: Gilead Sciences, Inc. (GILD), AK Steel Holding Corporation (AKS) and Sysco ... - Investorplace.com (NYSE:AKS)
investorplace.com - February 8 at 3:37 PM
News IconAK Steel Holding Corporation (NYSE:AKS): How technical signals have emerged? (NYSE:AKS)
emfizz.com - February 7 at 8:56 PM
fool.com logoWhy AK Steel Holding Corp Stock Plummeted 23% in January - Motley Fool (NYSE:AKS)
www.fool.com - February 7 at 3:54 PM
fool.com logoWhy AK Steel Holding Corp Stock Plummeted 23% in January (NYSE:AKS)
www.fool.com - February 7 at 12:43 PM
News IconPerformance history: AK Steel Holding Corporation's (AKS) (NYSE:AKS)
mundoaguaysaneamiento.net - February 7 at 1:31 AM
News IconAK Steel Holding Corporation (NYSE:AKS) EPS Forecast Given As $0.24 - Transcript Daily (NYSE:AKS)
transcriptdaily.com - February 6 at 8:31 PM
marketrealist.com logoArcelorMittal’s Expected 4Q16 Revenues: The Word on Wall Street (NYSE:AKS)
marketrealist.com - February 6 at 3:31 PM
News IconWhy Analysts put forward these two stocks: Rite Aid Corporation (RAD), AK Steel Holding Corporation (AKS) - The USA Commerce (NYSE:AKS)
theusacommerce.com - February 4 at 1:39 AM
investorplace.com logoTrade of the Day: AK Steel Holding Corporation (AKS) Stock Looks Like a Bargain - Investorplace.com (NYSE:AKS)
investorplace.com - February 3 at 3:33 PM

Social

What is AK Steel Holding's stock symbol?

AK Steel Holding trades on the New York Stock Exchange (NYSE) under the ticker symbol "AKS."

Where is AK Steel Holding's stock going? Where will AK Steel Holding's stock price be in 2017?

13 brokers have issued 1 year price objectives for AK Steel Holding's shares. Their forecasts range from $3.50 to $11.50. On average, they anticipate AK Steel Holding's stock price to reach $7.58 in the next twelve months.

When will AK Steel Holding announce their earnings?

AK Steel Holding is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

What are analysts saying about AK Steel Holding stock?

Here are some recent quotes from research analysts about AK Steel Holding stock:

  • According to Zacks Investment Research, "AK Steel’s earnings estimates have been going up lately. The company has outperformed the Zacks categorized 'Steel-Producers' industry in the last three months. AK Steel should benefit from the strength in the automotive market and higher shipments of carbon steel products to automakers in 2016. It should also gain from the synergies of its acquisition of Severstal Dearborn. Favorable pricing trend for key raw materials is also expected to support its results this year. However, AK Steel remains exposed to macroeconomic uncertainties, particularly in Europe and Asia. The company also continues facing competition from cheap imports that flood the U.S. market. Moreover, AK Steel’s cost structure is higher than its peer group due to greater reliance on external supply of raw materials." (1/4/2017)

  • Citigroup Inc. analysts commented, "We believe that in addition to lower iron ore input costs and the acquisition of Dearborn Works, the changes that the company has made in its contract mix and operating footprint should help their competitive position and forecast AKS returning to positive FCF over the next several years," Hacking wrote in a note. In 2015, the company was able to achieve a breakeven cash flow result. In the first half of 2016, AK Steel generated FCF (ex-working capital) of $60 million. The next target will be to reach a position where they are earning their cost of capital."While we forecast a significant improvement in ROIC to ~8 percent over the next several years we believe this is still below their WACC which we estimate is closer to 10 percent," Hacking wrote in a note.Related Link: Steel Dynamics Has Over 33% Upside, According To CitiHacking highlighted it might be more difficult for AK Steel to compete with other producers, especially on spot sales of commodity grade products, as its rivals have cost advantages in the form of different production processes, lower labor costs and captive low cost raw materials.In addition, the company remains highly levered with $2.0 billion in outstanding debt and $1.2 billion in pension and OPEB obligations versus Citi estimate of 2016 EBITDA of $511 million for a net leverage ratio of 6x."This high debt load poses a risk to AKS if economic and industry conditions deteriorate and could limit the ability of AKS to obtain additional financing," (8/22/2016)

Who owns AK Steel Holding stock?

AK Steel Holding's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (3.37%), FMR LLC (1.54%), Renaissance Technologies LLC (1.19%), Dimensional Fund Advisors LP (0.94%), Tide Point Capital Management LP (0.77%) and Systematic Financial Management LP (0.64%). Company insiders that own AK Steel Holding stock include Roger K Newport and Vicente Wright.

Who sold AK Steel Holding stock? Who is selling AK Steel Holding stock?

AK Steel Holding's stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management AG, State Street Corp, Oxford Asset Management, Royce & Associates LP, Menta Capital LLC, GSA Capital Partners LLP, Martingale Asset Management L P and AQR Capital Management LLC.

Who bought AK Steel Holding stock? Who is buying AK Steel Holding stock?

AK Steel Holding's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Tide Point Capital Management LP, Renaissance Technologies LLC, Systematic Financial Management LP, Dimensional Fund Advisors LP, Nicholas Investment Partners LP, Van ECK Associates Corp and Ratan Capital Management LP.

How do I buy AK Steel Holding stock?

Shares of AK Steel Holding can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of AK Steel Holding stock cost?

One share of AK Steel Holding stock can currently be purchased for approximately $8.84.

AK Steel Holding (NYSE:AKS) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for AK Steel Holding (NYSE:AKS)

Earnings History Chart

Earnings by Quarter for AK Steel Holding (NYSE:AKS)

Dividend History Chart

Dividend Payments by Quarter for AK Steel Holding (NYSE:AKS)

Last Updated on 2/21/2017 by MarketBeat.com Staff