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

AK Steel trades on the New York Stock Exchange (NYSE) under the ticker symbol "AKS."

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.

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

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.

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.

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.

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.

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.

Some companies that are related to AK Steel include APERAM/SH N Y REGISTRY SH (APEMY), United States Steel (X), Carpenter Technology (CRS), Commercial Metals (CMC), USINAS SIDERURG/S (USNZY), SunCoke Energy Partners (SXCP), SunCoke Energy (SXC), Timkensteel (TMST), Titan International (TWI), Universal Stainless & Alloy Products (USAP), Ossen Innovation (OSN), China Precision Steel (CPSL), Mechel PAO (MTL), SUMITOMO CORP/S (SSUMY) and Ternium (TX).

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).

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.

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.

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.

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.

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

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.

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]