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) posted its quarterly earnings data on Wednesday, October, 30th. The basic materials company reported $0.01 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 analysts' expectations of $1.64 billion. AK Steel had a return on equity of 42.48% and a net margin of 1.50%. The company's revenue for the quarter was down 11.5% on a year-over-year basis. During the same quarter last year, the company earned $0.21 earnings per share. View AK Steel's Earnings History.

AK Steel is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for AK Steel.

AK Steel issued an update on its FY19 earnings guidance on Wednesday, October, 30th. The company provided EPS guidance of $0.32-0.37 for the period, compared to the Thomson Reuters consensus estimate of $0.41.

13 equities research analysts have issued twelve-month target prices for AK Steel's shares. Their forecasts range from $1.50 to $3.50. On average, they expect AK Steel's stock price to reach $2.50 in the next year. This suggests that the stock has a possible downside of 19.8%. View Analyst Price Targets for AK Steel.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AK Steel in the last year. There are currently 3 sell ratings, 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AK Steel.

Media stories about AKS stock have been trending somewhat positive on Saturday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. AK Steel earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave press coverage 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 stock's share price in the next several days. View News Stories for AK Steel.

AK Steel saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 19,720,000 shares, a decrease of 5.9% from the December 15th total of 20,950,000 shares. Based on an average daily volume of 8,520,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 6.4% of the shares of the company 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), Commercial Metals (CMC), Allegheny Technologies (ATI), 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 number of of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%), 6 Meridian (0.03%), Louisiana State Employees Retirement System (0.03%) and Wedbush Securities 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., Louisiana State Employees Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for AK Steel.

AKS stock was acquired by a variety of institutional investors in the last quarter, including 6 Meridian. 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 $3.12.

AK Steel has a market capitalization of $987.23 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]