NYSE:AKS - AK Steel Stock Price, News, & Analysis

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

AK Steel Holding Co. (NYSE:AKS) released its earnings results on Monday, April, 29th. The basic materials company reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.10. The basic materials company had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.75 billion. AK Steel had a return on equity of 61.44% and a net margin of 2.23%. The business's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.09 earnings per share. View AK Steel's Earnings History.

AK Steel is scheduled to release their next quarterly earnings announcement on Monday, July 29th 2019. View Earnings Estimates for AK Steel.

AK Steel issued an update on its FY19 earnings guidance on Monday, April, 29th. The company provided earnings per share guidance of $0.48-0.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.50. AK Steel also updated its FY 2019 guidance to $0.48-0.54 EPS.

10 equities research analysts have issued 12 month price targets for AK Steel's stock. Their predictions range from $2.05 to $5.00. On average, they expect AK Steel's stock price to reach $3.0133 in the next twelve months. This suggests a possible upside of 40.8% from the stock's current price. View Analyst Price Targets for AK Steel.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AK Steel in the last year. There are currently 3 sell ratings and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AK Steel.

Media coverage about AKS stock has been trending somewhat negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. AK Steel earned a news impact score of -1.7 on InfoTrie's scale. They also gave press coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.

AK Steel saw a increase in short interest in April. As of April 30th, there was short interest totalling 50,720,281 shares, an increase of 0.2% from the April 15th total of 50,797,330 shares. Based on an average daily volume of 7,775,076 shares, the days-to-cover ratio is currently 6.5 days. Currently, 16.4% of the shares of the stock are short sold. View AK Steel's Current Options Chain.

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

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), Cleveland-Cliffs (CLF), NVIDIA (NVDA), Chesapeake Energy (CHK) and Intel (INTC).

AK Steel's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.57%), State of New Jersey Common Pension Fund D (4.77%), Dimensional Fund Advisors LP (2.29%), Goldman Sachs Group Inc. (1.24%), Northern Trust Corp (1.21%) and Geode Capital Management LLC (1.11%). 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 Morgan Stanley, Wells Fargo & Company MN, Royce & Associates LP, Creative Planning, Pinebridge Investments L.P., Dimensional Fund Advisors LP, Dynamic Technology Lab Private Ltd and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for AK Steel.

AKS stock was acquired by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Goldman Sachs Group Inc., Charles Schwab Investment Management Inc., Systematic Financial Management LP, SG Americas Securities LLC, Parametric Portfolio Associates LLC, Geode Capital Management LLC and Commonwealth Equity Services LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of AKS stock can currently be purchased for approximately $2.14.

AK Steel has a market capitalization of $676.98 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.

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]