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

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

AK Steel Holding Co. (NYSE:AKS) released its quarterly earnings data on Wednesday, October, 30th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.03. The basic materials company earned $1.54 billion during the quarter, compared to the consensus estimate of $1.64 billion. AK Steel had a net margin of 1.50% and a return on equity of 42.48%. AK Steel's quarterly revenue was down 11.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.21 EPS. View AK Steel's Earnings History.

AK Steel is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for AK Steel.

10 equities research analysts have issued 1-year target prices for AK Steel's shares. Their forecasts range from $1.50 to $3.50. On average, they anticipate AK Steel's stock price to reach $2.38 in the next year. This suggests that the stock has a possible downside of 18.9%. 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, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AK Steel.

News stories about AKS stock have been trending extremely negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. AK Steel earned a coverage optimism score of -5.0 on InfoTrie's scale. They also assigned media headlines 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 effect on the company's share price in the next few days. View News Stories for AK Steel.

AK Steel saw a increase in short interest in January. As of January 31st, there was short interest totalling 23,460,000 shares, an increase of 19.0% from the January 15th total of 19,720,000 shares. Based on an average trading volume of 8,330,000 shares, the short-interest ratio is currently 2.8 days. Approximately 7.6% of the shares of the stock are sold short. View AK Steel's Current Options Chain.

Some companies that are related to AK Steel include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Allegheny Technologies (ATI), Commercial Metals (CMC), Worthington Industries (WOR), Carpenter Technology (CRS), Cleveland-Cliffs (CLF), United States Steel (X), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).

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), Chesapeake Energy (CHK) and Intel (INTC).

AK Steel's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (5.45%), Renaissance Technologies LLC (2.56%), Merriman Wealth Management LLC (1.32%), Charles Schwab Investment Management Inc. (1.31%), Bank of New York Mellon Corp (1.24%) and UBS Group AG (0.68%). 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 Goldman Sachs Group Inc., Arizona State Retirement System, Pinebridge Investments L.P., Virtu Financial LLC, Public Sector Pension Investment Board, Cetera Advisors LLC, CoreCommodity Management LLC and State of Tennessee Treasury Department. View Insider Buying and Selling for AK Steel.

AKS stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, UBS Group AG, State Street Corp, CNH Partners LLC, Great West Life Assurance Co. Can, Charles Schwab Investment Management Inc., Aigen Investment Management LP and OTA Financial Group L.P.. 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 $2.94.

AK Steel has a market capitalization of $931.72 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]