AK Steel Stock Price, News & Analysis (NYSE:AKS)

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

AK Steel Holding Co. (NYSE:AKS) posted its earnings results on Monday, July, 29th. The basic materials company reported $0.21 EPS for the quarter, beating the Zacks' consensus estimate of $0.06 by $0.15. The basic materials company earned $1.68 billion during the quarter, compared to analysts' expectations of $1.73 billion. AK Steel had a net margin of 2.40% and a return on equity of 57.52%. AK Steel's revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.18 earnings per share. View AK Steel's Earnings History.

AK Steel is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for AK Steel.

AK Steel will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

AK Steel issued an update on its FY19 earnings guidance on Monday, July, 29th. The company provided earnings per share (EPS) guidance of $0.37-0.44 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.33.

12 brokerages have issued 12-month price objectives for AK Steel's stock. Their forecasts range from $1.50 to $3.00. On average, they anticipate AK Steel's share price to reach $2.45 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for AK Steel.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AK Steel in the last year. There are currently 3 sell ratings, 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AK Steel.

News articles about AKS stock have trended somewhat negative on Friday, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AK Steel earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for AK Steel.

AK Steel saw a drop in short interest in September. As of September 30th, there was short interest totalling 27,200,000 shares, a drop of 7.6% from the August 30th total of 29,440,000 shares. Based on an average daily trading volume, of 9,190,000 shares, the short-interest ratio is presently 3.0 days. Currently, 8.8% of the company's stock are sold short. View AK Steel's Current Options Chain.

Some companies that are related to AK Steel include Carpenter Technology (CRS), Commercial Metals (CMC), APERAM/SH N Y REGISTRY SH (APEMY), United States Steel (X), USINAS SIDERURG/S (USNZY), SunCoke Energy (SXC), Mechel PAO (MTL), Timkensteel (TMST), Titan International (TWI), Universal Stainless & Alloy Products (USAP) and Ossen Innovation (OSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other AK Steel investors own include United States Steel (X), Advanced Micro Devices (AMD), Bank of America (BAC), General Electric (GE), TG Therapeutics (TGTX), Rite Aid (rad), Steel Dynamics (STLD), Cleveland-Cliffs (CLF), NVIDIA (NVDA) and Intel (INTC).

AK Steel's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.08%), NEXT Financial Group Inc (0.02%), Everence Capital Management Inc. (0.02%), Wedbush Securities Inc. (0.02%) and Meeder Asset Management Inc. (0.01%). Company insiders that own AK Steel stock include James A Thomson, Joseph C Alter, Roger K Newport and William K Gerber. View Institutional Ownership Trends for AK Steel.

AKS stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc.. View Insider Buying and Selling for AK Steel.

AKS stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Everence Capital Management Inc., NEXT Financial Group Inc and Meeder Asset Management Inc.. Company insiders that have bought AK Steel stock in the last two years include Joseph C Alter and Roger K Newport. View Insider Buying and Selling for AK Steel.

Shares of AKS 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.

One share of AKS stock can currently be purchased for approximately $2.42.

AK Steel has a market capitalization of $764.07 million and generates $6.82 billion in revenue each year. The basic materials company earns $186 million in net income (profit) each year or $0.64 on an earnings per share basis. AK Steel employs 9,500 workers across the globe.View Additional Information About AK Steel.

The official website for AK Steel is http://www.aksteel.com/.

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]