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) released its quarterly earnings results on Wednesday, October, 30th. The basic materials company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. The basic materials company earned $1.54 billion during the quarter, compared to the consensus estimate of $1.64 billion. The firm's quarterly revenue was down 11.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.21 EPS. View AK Steel's Earnings History.

AK Steel is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for AK Steel.

10 brokers have issued 12-month price objectives for AK Steel's stock. Their forecasts range from $1.50 to $3.50. On average, they expect AK Steel's share price to reach $2.38 in the next twelve months. This suggests that the stock has a possible downside of 18.9%. View Analyst Price Targets 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, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AK Steel.

News articles about AKS stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. AK Steel earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned news articles about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for AK Steel.

AK Steel saw a increase in short interest in January. As of January 31st, there was short interest totalling 23,460,000 shares, an increase of 19.0% from the January 15th total of 19,720,000 shares. Based on an average daily volume of 8,330,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 7.6% 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 Allegheny Technologies (ATI), Carpenter Technology (CRS), Cleveland-Cliffs (CLF), Commercial Metals (CMC), Haynes International (HAYN), Nucor (NUE), Olympic Steel (ZEUS), Reliance Steel & Aluminum (RS), Schnitzer Steel Industries (SCHN), Steel Dynamics (STLD), United States Steel (X), Universal Stainless & Alloy Products (USAP) and Worthington Industries (WOR).

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 many different of retail and institutional investors. Top institutional shareholders include State Street Corp (5.45%), Renaissance Technologies LLC (2.56%), Merriman Wealth Management LLC (1.32%), Charles Schwab Investment Management Inc. (1.31%), Bank of New York Mellon Corp (1.24%) and UBS Group AG (0.68%). 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 Goldman Sachs Group Inc., Arizona State Retirement System, Pinebridge Investments L.P., Virtu Financial LLC, Public Sector Pension Investment Board, Cetera Advisors LLC, CoreCommodity Management LLC and State of Tennessee Treasury Department. View Insider Buying and Selling for AK Steel.

AKS stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, UBS Group AG, State Street Corp, CNH Partners LLC, Great West Life Assurance Co. Can, Charles Schwab Investment Management Inc., Aigen Investment Management LP and OTA Financial Group L.P.. 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 $2.94.