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

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$2.43 -0.02 (-0.82 %)
(As of 04/23/2019 08:00 AM ET)
Previous Close$2.45
Today's Range$2.39 - $2.50
52-Week Range$2.05 - $5.40
Volume5.77 million shs
Average Volume9.62 million shs
Market Capitalization$768.63 million
P/E Ratio3.80
Dividend YieldN/A
Beta2.83
AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, and stainless and electrical steel products in the United States and internationally. It produces flat-rolled carbon steel products, including coated, cold-rolled, and hot-rolled carbon steel products; grain-oriented specialty stainless and electrical steels; and carbon and stainless steel tubing products. The company also buys and sells steel and steel products, as well as other materials; and produces metallurgical coal from reserves in Somerset County, Pennsylvania. It sells its flat-rolled carbon steel products, primarily to automotive manufacturers and their suppliers; customers in the infrastructure and manufacturing markets, including the manufacturers of power transmission and distribution transformers, who produce equipment for the electrical grid, as well as electrical motors and generators; and manufacturers of heating, ventilation, and air conditioning equipment, and appliances. The company also sells its carbon steel products to distributors, service centers, and converters. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

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Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
CUSIP00154710
Phone513-425-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.82 billion
Cash Flow$1.4211 per share
Book Value$1.36 per share

Profitability

Net Income$186 million

Miscellaneous

Employees9,500
Market Cap$768.63 million
Next Earnings Date4/29/2019 (Confirmed)
OptionableOptionable

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 Monday, January, 28th. The basic materials company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.11 by $0.05. The basic materials company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.70 billion. AK Steel had a return on equity of 54.01% and a net margin of 2.73%. The firm's revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.06) earnings per share. View AK Steel's Earnings History.

When is AK Steel's next earnings date?

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

What guidance has AK Steel issued on next quarter's earnings?

AK Steel updated its FY19 earnings guidance on Monday, January, 28th. The company provided earnings per share (EPS) guidance of $0.51-0.57 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.64. AK Steel also updated its FY 2019 guidance to $0.51-0.57 EPS.

What price target have analysts set for AKS?

11 equities research analysts have issued 12-month price objectives for AK Steel's stock. Their forecasts range from $2.50 to $6.00. On average, they expect AK Steel's share price to reach $3.6070 in the next year. This suggests a possible upside of 48.4% from the stock's current price. View Analyst Price Targets for AK Steel.

What is the consensus analysts' recommendation for AK Steel?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AK Steel in the last year. There are currently 2 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.

Has AK Steel been receiving favorable news coverage?

Headlines about AKS stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. AK Steel earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near term.

Are investors shorting AK Steel?

AK Steel saw a drop in short interest in the month of March. As of March 29th, there was short interest totalling 50,572,134 shares, a drop of 8.3% from the March 15th total of 55,171,275 shares. Based on an average daily trading volume, of 6,671,812 shares, the short-interest ratio is currently 7.6 days. Currently, 16.4% of the shares of the company are short sold. View AK Steel's Current Options Chain.

Who are some of AK Steel's key competitors?

What other stocks do shareholders of AK Steel own?

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).

Who are AK Steel's key executives?

AK Steel's management team includes the folowing people:
  • Mr. Roger K. Newport, CEO & Director (Age 54)
  • Mr. Kirk W. Reich, Pres & COO (Age 51)
  • Mr. Jaime Vasquez, VP of Fin. & CFO (Age 56)
  • Mr. Joseph C. Alter, VP, Gen. Counsel & Corp. Sec. (Age 42)
  • Mr. Scott M. Lauschke, VP of Sales & Customer Service (Age 49)

Who are AK Steel's major shareholders?

AK Steel's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Wedbush Securities Inc. (0.05%), Heritage Investors Management Corp (0.01%), Sippican Capital Advisors (0.00%) and FNY Investment Advisers LLC (0.00%). 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.

Which institutional investors are selling AK Steel stock?

AKS stock was sold by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC and Sippican Capital Advisors. Company insiders that have sold AK Steel company stock in the last year include James A Thomson and William K Gerber. View Insider Buying and Selling for AK Steel.

Which institutional investors are buying AK Steel stock?

AKS stock was bought by a variety of institutional investors in the last quarter, including Wedbush Securities Inc. and Heritage Investors Management Corp. 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.

How do I buy shares of 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.

What is AK Steel's stock price today?

One share of AKS stock can currently be purchased for approximately $2.43.

How big of a company is AK Steel?

AK Steel has a market capitalization of $768.63 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.

What is AK Steel's official website?

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

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 (NYSE AKS)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  526 (Vote Outperform)
Underperform Votes:  770 (Vote Underperform)
Total Votes:  1,296
MarketBeat's community ratings are surveys of what our community members think about AK Steel and other stocks. Vote "Outperform" if you believe AKS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AKS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/23/2019 by MarketBeat.com Staff

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