AK Steel Stock Price, News & Analysis (NYSE:AKS)

$2.43
-0.04 (-1.62 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$2.37
Now: $2.43
$2.5650
50-Day Range
$2.05
MA: $2.42
$2.82
52-Week Range
$1.66
Now: $2.43
$5.11
Volume12.26 million shs
Average Volume8.73 million shs
Market Capitalization$768.83 million
P/E Ratio3.80
Dividend YieldN/A
Beta3.08
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. Read More…

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$1.4128 per share
Book Value$1.36 per share

Profitability

Net Income$186 million

Miscellaneous

Employees9,500
Market Cap$768.83 million
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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) posted its quarterly earnings results on Monday, July, 29th. The basic materials company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.15. The basic materials company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.73 billion. AK Steel had a net margin of 2.40% and a return on equity of 57.52%. The business's quarterly revenue was down 3.8% on a year-over-year basis. During the same period last year, the business posted $0.18 EPS. 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 Thursday, October 24th 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, July, 29th. The company provided earnings per share guidance of $0.37-0.44 for the period, compared to the Thomson Reuters consensus estimate of $0.33.

What price target have analysts set for AKS?

12 Wall Street analysts have issued 12-month price targets for AK Steel's stock. Their forecasts range from $1.50 to $5.00. On average, they anticipate AK Steel's share price to reach $2.6836 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price. View Analyst Price Targets for AK Steel.

What is the consensus analysts' recommendation for AK Steel?

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

Has AK Steel been receiving favorable news coverage?

Media coverage about AKS stock has been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media 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 nearest to five being the most favorable. AK Steel earned a daily sentiment score of -1.3 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 media 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.

Are investors shorting AK Steel?

AK Steel saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 29,172,000 shares, a decrease of 29.7% from the July 31st total of 41,476,000 shares. Based on an average daily trading volume, of 8,690,000 shares, the days-to-cover ratio is presently 3.4 days. Currently, 9.4% of the company's 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), Steel Dynamics (STLD), Cleveland-Cliffs (CLF), NVIDIA (NVDA) 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 a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.75%), Vanguard Group Inc. (9.43%), Merriman Wealth Management LLC (1.33%), Bank of New York Mellon Corp (1.26%), Northern Trust Corp (1.25%) and Charles Schwab Investment Management Inc. (1.10%). 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 major investors are selling AK Steel stock?

AKS stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., HBK Investments L P, Creative Planning, Commonwealth Equity Services LLC, CoreCommodity Management LLC, Commerzbank Aktiengesellschaft FI, BNP Paribas Arbitrage SA and Teza Capital Management LLC. View Insider Buying and Selling for AK Steel.

Which major investors are buying AK Steel stock?

AKS stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Point72 Asset Management L.P., Renaissance Technologies LLC, Invesco Ltd., Morgan Stanley, Balyasny Asset Management LLC, BlackRock Inc. and Cetera Advisors 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, Robinhood, 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 $768.83 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.

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:  552 (Vote Outperform)
Underperform Votes:  799 (Vote Underperform)
Total Votes:  1,351
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 9/22/2019 by MarketBeat.com Staff

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