NYSE:SID

Companhia Siderúrgica Nacional (SID) Stock Forecast, Price & News

$2.36

+0.03 (+1.29%)

(As of 05:08 PM ET)

Compare

Today's Range: $2.33
▼
$2.39
50-Day Range: $2.33
▼
$2.98
52-Week Range: $2.20
▼
$3.70

Volume: 2.89 million shs
Average Volume: 3.04 million shs
Market Capitalization: $3.27 billion

P/E Ratio: N/A
Dividend Yield: 17.37%
Price Target: $2.30

Companhia Siderúrgica Nacional MarketRank™ Forecast

Analyst Rating: Strong Sell
1.25 Rating Score
Upside/Downside: 3.0% Downside
$2.30 Price Target
Short Interest: Healthy
0.22% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 100.00%
From $0.14 to $0.28 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.58 out of 5 stars

Basic Materials Sector

141st out of 168 stocks

Steel Works, Blast Furnaces, & Rolling & Finishing Mills Industry

5th out of 6 stocks

0.6

Analyst's Opinion

Consensus Rating
Companhia Siderúrgica Nacional has received a consensus rating of Strong Sell. The company's average rating score is 1.25, and is based on no buy ratings, 1 hold rating, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.30, Companhia Siderúrgica Nacional has a forecasted downside of 3.0% from its current price of $2.37.
Amount of Analyst Coverage
Companhia Siderúrgica Nacional has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.22% of the float of Companhia Siderúrgica Nacional has been sold short.
Short Interest Ratio / Days to Cover
Companhia Siderúrgica Nacional has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Companhia Siderúrgica Nacional has recently increased by 2.80%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
Companhia Siderúrgica Nacional is a leading dividend payer. It pays a dividend yield of 17.55%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Companhia Siderúrgica Nacional does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Companhia Siderúrgica Nacional will have a dividend payout ratio of 146.43% in the coming year. This indicates that Companhia Siderúrgica Nacional may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SID.

2.7

News and Social Media Coverage

News Sentiment
Companhia Siderúrgica Nacional has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Basic Materials companies.
Search Interest
9 people have searched for SID on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Companhia Siderúrgica Nacional to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Companhia Siderúrgica Nacional insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.01% of the stock of Companhia Siderúrgica Nacional is held by insiders.
Percentage Held by Institutions
Only 2.38% of the stock of Companhia Siderúrgica Nacional is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Companhia Siderúrgica Nacional are expected to grow by 100.00% in the coming year, from $0.14 to $0.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Companhia Siderúrgica Nacional is -79.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Companhia Siderúrgica Nacional is -79.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Companhia Siderúrgica Nacional has a PEG Ratio of 1.83. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Companhia Siderúrgica Nacional has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Companhia Siderúrgica Nacional (NYSE:SID) Stock

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates through five segments: Steel, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as high, medium, low carbon, micro-alloyed, ultra-low-carbon, and interstitial free slabs; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled products comprising cold-rolled coils and sheets; galvanized products; tin mill products consisting of flat-rolled low-carbon steel coils or sheets; and profiles, channels, UPE sections, and steel sleepers for the distribution, packaging, automotive, home appliance, and construction industries. It primarily explores for iron ore reserves at Casa de Pedra and Engenho mines located in the city of Congonhas; and limestone and dolomite at the Bocaina mine located in the city of Arcos in the state of Minas Gerais, Brazil, as well as produces tin. In addition, the company operates railway and port facilities; produces and sells cement to construction material stores, home centers, concrete producers, construction companies, mortar industries, and cement artifact producers; and generates electric power from its thermoelectric co-generation and hydroelectric power plants. Companhia Siderúrgica Nacional was incorporated in 1941 and is headquartered in São Paulo, Brazil. Companhia Siderúrgica Nacional is a subsidiary of Vicunha Aços S.A.

SID Price History

30 days | 90 days | 365 days | Advanced Chart

SID Stock News Headlines

September 19, 2023 | msn.com

The 3 Most Undervalued Under-$10 Stocks to Buy in September 2023

August 12, 2023 | msn.com

Rosana de Pádua, da Coface: “Reforma Tributária foi feita a perder de vista. Era preciso ser mais rápido”

September 28, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

August 5, 2023 | finance.yahoo.com

Companhia Siderúrgica Nacional (NYSE:SID) Q2 2023 Earnings Call Transcript

August 5, 2023 | seekingalpha.com

Companhia Siderúrgica Nacional Will Face Headwinds, But Opportunities May Emerge

August 3, 2023 | msn.com

Companhia Siderurgica Nacional - ADR (SID) Price Target Decreased by 16.02% to 3.59

July 24, 2023 | finance.yahoo.com

Comprehensive GF Score Analysis of Companhia Siderurgica Nacional (SID)

July 13, 2023 | msn.com

Lei dos portos vai incluir habitação para trabalhadores em Sines

September 28, 2023 | Micro-Cap Stock Trader (Ad)

Unlock the treasure on Mount Olympus with this little-known mining stock.

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

July 4, 2023 | msn.com

CSN comunica rompimento de tubulação da central termoelétrica na Usina Presidente Vargas

June 16, 2023 | msn.com

CSN anuncia emissão de R$700 milhões em debêntures simples

May 30, 2023 | msn.com

Empresas cúmplices da ditadura: “É preciso fazer das informações um ato de justiça”

May 30, 2023 | msn.com

As empresas cúmplices da ditadura militar

May 5, 2023 | marketwatch.com

2023-2030 Cement and Concrete Product Market Size (Growth and Outlook) includes Main Business Overview | with [96 Pages]

May 3, 2023 | msn.com

CSN reverte lucro e tem prejuízo líquido de R$ 823 mi no 1tri23

April 30, 2023 | msn.com

TV Brasil exibe sessão de filmes temáticos na semana do Dia do Trabalhador

April 21, 2023 | marketwatch.com

Iron Ore Metals Market 2023 Key Dynamics by 2030 with Growth Rate

April 18, 2023 | seekingalpha.com

SID Companhia Siderúrgica Nacional

March 24, 2023 | marketwatch.com

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March 16, 2023 | msn.com

Abertura de mercado: o que esperar do Ibovespa e dólar nesta 5ª-feira

March 8, 2023 | marketwatch.com

Cement and Concrete Product Market Size Global Research Report, 2023 - 2028

February 13, 2023 | marketwatch.com

Worldwide Cement and Concrete Product Market 2023-2027 Research Report which includes Size Share and Latest Developments | 93 Pages

January 5, 2023 | marketwatch.com

Metal Building Materials Market 2023 : Projected to Deliver Greater Revenues during the Forecast Period 2028

December 16, 2022 | forbes.com.br

81ª a 99ª posições

November 14, 2022 | msn.com

Mycap troca três ações na carteira recomendada desta semana

November 1, 2022 | msn.com

CSN: lucro líquido soma R$ 238 milhões no 3º trimestre, queda de 35,5%

See More Headlines

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SID Company Calendar

Last Earnings: 8/02/2023
Today: 9/28/2023
Next Earnings (Estimated): 10/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:SID
CUSIP: N/A
CIK: 1049659
Web: www.csn.com.br
Phone: 551130497100
Fax: 55-11-3049-7212
Employees: 26,766
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.30
High Stock Price Forecast: $2.30
Low Stock Price Forecast: $2.30
Forecasted Upside/Downside: -2.5%
Consensus Rating: Strong Sell
Rating Score (0-4): 1.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.03)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 16.86
P/E Growth: 1.83
Net Income: $301.02 million
Net Margins: -0.45%
Pretax Margin: 0.33%
Return on Equity: -0.90%
Return on Assets: -0.23%

Debt

Debt-to-Equity Ratio: 1.75
Current Ratio: 1.53
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $44.33 billion
Price / Sales: 0.07
Cash Flow: $0.70 per share
Price / Cash Flow: 3.37
Book Value: $3.05 per share
Price / Book: 0.77

Miscellaneous

Outstanding Shares: 1,387,524,000
Free Float: 1,387,385,000
Market Cap: $3.27 billion
Optionable: Optionable
Beta: 1.75

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Key Executives

Mr. Benjamin Steinbruch (Age 70)
Pres of Exec. Board, Chairman & CEO

Mr. Marcelo Cunha Ribeiro (Age 46)
Exec. Director of Fin. and Investor Relations & Member of Exec. Board

Mr. David Moise Salama (Age 57)
Exec. Director of Insurance, Credit and Property & Member of Exec. Board

Mr. Luis Fernando Barbosa Martinez (Age 60)
Exec. Director of Commercial and Logistics Area & Member of Exec. Board

Mr. Stephan Heinz Josef Victor Weber (Age 62)
Exec. Director of Investments & Member of Exec. Board

Mr. Alexandre de Campos Lyra
Member of the Exec. Board

Ms. Claudia Maria Sarti (Age 53)
Corp. Legal, Governance & Capital Market Mang.

Igor Estrada Gouvea
Director of Audit, Risks & Compliance

Leonardo De Abreu (Age 44)
People & Management Director

Mr. Felipe Steinbruch (Age 29)
Head of CSN Inova

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SID Stock - Frequently Asked Questions

Should I buy or sell Companhia Siderúrgica Nacional stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Companhia Siderúrgica Nacional in the last twelve months. There are currently 3 sell ratings and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "strong sell" SID shares.
View SID analyst ratings or view top-rated stocks.
What is Companhia Siderúrgica Nacional's stock price forecast for 2023?: 4 Wall Street analysts have issued 1-year price targets for Companhia Siderúrgica Nacional's stock. Their SID share price forecasts range from $2.30 to $2.30. On average, they predict the company's stock price to reach $2.30 in the next twelve months. This suggests that the stock has a possible downside of 2.5%.
View analysts price targets for SID or view top-rated stocks among Wall Street analysts.
How have SID shares performed in 2023?: Companhia Siderúrgica Nacional's stock was trading at $2.76 at the beginning of the year. Since then, SID shares have decreased by 14.5% and is now trading at $2.36.
View the best growth stocks for 2023 here.
When is Companhia Siderúrgica Nacional's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our SID earnings forecast.
How were Companhia Siderúrgica Nacional's earnings last quarter?: Companhia Siderúrgica Nacional (NYSE:SID) released its quarterly earnings results on Wednesday, August, 2nd. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by $0.08. The basic materials company earned $2.22 billion during the quarter. Companhia Siderúrgica Nacional had a negative net margin of 0.45% and a negative trailing twelve-month return on equity of 0.90%.
How often does Companhia Siderúrgica Nacional pay dividends? What is the dividend yield for Companhia Siderúrgica Nacional?: Companhia Siderúrgica Nacional declared a -- dividend on Tuesday, May 9th. Shareholders of record on Thursday, May 11th will be given a dividend of $0.1175 per share on Wednesday, May 10th. This represents a yield of 23.2%. The ex-dividend date of this dividend is Wednesday, May 10th.
Read our dividend analysis for SID.
What ETF holds Companhia Siderúrgica Nacional's stock ?: VanEck Steel ETF holds 1,840,891 shares of SID stock, representing 4.21% of its portfolio.
Is Companhia Siderúrgica Nacional a good dividend stock?: Companhia Siderúrgica Nacional (NYSE:SID) pays an annual dividend of $0.41 per share and currently has a dividend yield of 17.55%. SID has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SID.

What is Benjamin Steinbruch's approval rating as Companhia Siderúrgica Nacional's CEO?: 11 employees have rated Companhia Siderúrgica Nacional Chief Executive Officer Benjamin Steinbruch on Glassdoor.com. Benjamin Steinbruch has an approval rating of 79% among the company's employees.
What other stocks do shareholders of Companhia Siderúrgica Nacional own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Companhia Siderúrgica Nacional investors own include Intelsat (I), Bank of America (BAC), Gerdau (GGB), AMC Entertainment (AMC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Petrobras Argentina (PZE), Vale (VALE) and Ciena (CIEN).
What is Companhia Siderúrgica Nacional's stock symbol?: Companhia Siderúrgica Nacional trades on the New York Stock Exchange (NYSE) under the ticker symbol "SID."
Who are Companhia Siderúrgica Nacional's major shareholders?: Companhia Siderúrgica Nacional's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.41%), BlackRock Inc. (0.25%), Van ECK Associates Corp (0.13%), State Street Corp (0.11%), Thrivent Financial for Lutherans (0.03%) and Credit Suisse AG (0.03%).
How do I buy shares of Companhia Siderúrgica Nacional?: Shares of SID stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Companhia Siderúrgica Nacional's stock price today?: One share of SID stock can currently be purchased for approximately $2.36.
How much money does Companhia Siderúrgica Nacional make?: Companhia Siderúrgica Nacional (NYSE:SID) has a market capitalization of $3.27 billion and generates $44.33 billion in revenue each year. The basic materials company earns $301.02 million in net income (profit) each year or ($0.03) on an earnings per share basis.
How many employees does Companhia Siderúrgica Nacional have?: The company employs 26,766 workers across the globe.
How can I contact Companhia Siderúrgica Nacional?: Companhia Siderúrgica Nacional's mailing address is Av. Brigadeiro Faria Lima 3400 - 20th floor, Sao Paulo D5, 04538-132. The official website for the company is www.csn.com.br. The basic materials company can be reached via phone at 551130497100, via email at invrel@csn.com, or via fax at 55-11-3049-7212.

This page (NYSE:SID) was last updated on 9/28/2023 by MarketBeat.com Staff

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