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

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$2.65 -0.17 (-6.03 %)
(As of 03/24/2019 01:25 PM ET)
Previous Close$2.65
Today's Range$2.62 - $2.80
52-Week Range$2.05 - $5.40
Volume9.62 million shs
Average Volume8.61 million shs
Market Capitalization$838.22 million
P/E Ratio4.14
Dividend YieldN/A
Beta2.85
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$1.4324 per share
Book Value$1.36 per share

Profitability

Net Income$186 million

Miscellaneous

Employees9,500
Market Cap$838.22 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) issued its quarterly earnings results on Monday, January, 28th. The basic materials company reported $0.16 EPS for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.05. The basic materials company earned $1.68 billion during the quarter, compared to analysts' expectations 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 firm posted ($0.06) 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 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 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?

12 Wall Street analysts have issued twelve-month price objectives for AK Steel's stock. Their forecasts range from $2.50 to $6.00. On average, they anticipate AK Steel's stock price to reach $3.5745 in the next year. This suggests a possible upside of 34.9% 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 3 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?

News headlines about AKS stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news 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 news sentiment score of 2.1 on InfoTrie's scale. They also gave press coverage about the basic materials company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

Are investors shorting AK Steel?

AK Steel saw a increase in short interest in February. As of February 28th, there was short interest totalling 54,990,696 shares, an increase of 2.3% from the February 15th total of 56,280,336 shares. Based on an average daily trading volume, of 10,207,266 shares, the short-interest ratio is presently 5.4 days. Approximately 17.8% of the company's shares are sold short. 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), Rite Aid (RAD), Micron Technology (MU), Chesapeake Energy (CHK), 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.56%), State of New Jersey Common Pension Fund D (4.81%), Dimensional Fund Advisors LP (2.35%), Dimensional Fund Advisors LP (2.35%), Merriman Wealth Management LLC (1.27%) and Bank of New York Mellon Corp (1.25%). 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 KBC Group NV, Royce & Associates LP, Squarepoint Ops LLC, State of New Jersey Common Pension Fund D, Commerzbank Aktiengesellschaft FI, Two Sigma Investments LP, FMR LLC and MetLife Investment Advisors LLC. 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 Norges Bank, Two Sigma Advisers LP, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Merriman Wealth Management LLC, Oregon Public Employees Retirement Fund, Commonwealth Equity Services LLC and BlackRock Inc.. 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 $2.65.

How big of a company is AK Steel?

AK Steel has a market capitalization of $838.22 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:  767 (Vote Underperform)
Total Votes:  1,293
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 3/24/2019 by MarketBeat.com Staff

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