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

Sign in or create an account to add this stock to your watchlist.
$2.14 -0.08 (-3.60 %)
(As of 05/23/2019 04:00 PM ET)
Previous Close$2.22
Today's Range$2.19 - $2.20
52-Week Range$2.03 - $5.40
Volume14.83 million shs
Average Volume9.13 million shs
Market Capitalization$676.98 million
P/E Ratio3.34
Dividend YieldN/A
Beta2.73
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.

Receive AKS News and Ratings via Email

Sign-up to receive the latest news and ratings for AKS and its competitors with MarketBeat's FREE daily newsletter.

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$1.3375 per share
Book Value$1.36 per share

Profitability

Net Income$186 million

Miscellaneous

Employees9,500
Market Cap$676.98 million
Next Earnings Date7/29/2019 (Estimated)
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 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.

When is AK Steel's next earnings date?

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

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

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.

What price target have analysts set for AKS?

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.

What is the consensus analysts' recommendation 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.

Has AK Steel been receiving favorable news coverage?

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.

Are investors shorting AK Steel?

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.

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 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.

Which institutional investors are selling AK Steel stock?

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.

Which institutional investors are buying AK Steel stock?

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.

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 $2.14.

How big of a company is AK Steel?

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.

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:  531 (Vote Outperform)
Underperform Votes:  775 (Vote Underperform)
Total Votes:  1,306
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 5/23/2019 by MarketBeat.com Staff

Featured Article: What is Compound Interest?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel