Should I buy or sell Salzgitter stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Salzgitter in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SZGPY shares. View SZGPY analyst ratings or view top-rated stocks .

How have SZGPY shares performed in 2023?

Salzgitter's stock was trading at $3.00 at the beginning of 2023. Since then, SZGPY shares have decreased by 0.7% and is now trading at $2.9780. View the best growth stocks for 2023 here .

How often does Salzgitter pay dividends? What is the dividend yield for Salzgitter?

Salzgitter announced a dividend on Saturday, May 20th. Shareholders of record on Friday, May 26th will be given a dividend of $0.0714 per share on Wednesday, June 14th. This represents a dividend yield of 1.81%. The ex-dividend date is Thursday, May 25th. This is a positive change from the stock's previous dividend of $0.05. Read our dividend analysis for SZGPY .

Is Salzgitter a good dividend stock?

Salzgitter (OTCMKTS:SZGPY) pays an annual dividend of $0.07 per share and currently has a dividend yield of 2.33%. The dividend payout ratio is 7.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SZGPY will have a dividend payout ratio of 14.89% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SZGPY .

Salzgitter Stock Price, News & Analysis (OTCMKTS:SZGPY)

$2.98

0.00 (0.00%)

(As of 11/27/2023 ET)

Compare

Today's Range: $2.98
▼
$2.98
50-Day Range: $2.35
▼
$3.00
52-Week Range: $2.35
▼
$4.29

Volume: N/A
Average Volume: 378 shs
Market Capitalization: $1.61 billion

P/E Ratio: 3.13
Dividend Yield: 2.35%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Dividend Earnings Financials Headlines SEC Filings Short Interest

About Salzgitter Stock (OTCMKTS:SZGPY)

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces various high-grade heavy plates; and manufactures line pipes, HFI-welded tubes, and precision and stainless-steel tubes. The Trading segment operates a European sales network, as well as trading companies and agencies worldwide. The Technology segment engages in the provision of machinery and plants for the filling and packaging of beverages, as well as special machinery engineering for shoe manufacturing and elastomer production. The company also provides IT, facility management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany.

SZGPY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SZGPY Stock News Headlines

November 13, 2023 | markets.businessinsider.com

EQS-News: Salzgitter AG generates presentable nine-month result despite economic headwind

September 21, 2023 | finanznachrichten.de

Aktien»Nachrichten»SALZGITTER AKTIE»Salzgitter Now Expects FY23 Pre-tax Profit Of 200-250 Mln Euros

November 28, 2023 | Autonomix (Ad)

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September 20, 2023 | finanznachrichten.de

Salzgitter Orders Andritz To Provide 100 MW Green Hydrogen Plant To Boost CO2 Free Steel Output

August 11, 2023 | markets.businessinsider.com

EQS-News: Salzgitter Aktiengesellschaft: Salzgitter AG with successful first half year 2023

August 6, 2023 | finanznachrichten.de

Hot Stock der Woche! NuGen Medical mit richtungsweisenden News!

August 4, 2023 | finanznachrichten.de

Nachrichten»Salzgitter Appoints Birgit Potrafki As CFO To Succeed Burkhard Becker

July 22, 2023 | markets.businessinsider.com

EQS-Adhoc: Salzgitter Aktiengesellschaft: Salzgitter Group affirms guidance in line with the preliminary half-year figures

November 28, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

May 23, 2023 | finanznachrichten.de

Aktien»Nachrichten»SALZGITTER AKTIE»Klockner Joins Hands With Salzgitter To Boost Green Steel Production

May 18, 2023 | finance.yahoo.com

Private companies in Salzgitter AG (ETR:SZG) are its biggest bettors, and their bets paid off as stock gained 4.7% last week

May 11, 2023 | finanznachrichten.de

Aktien»Nachrichten»SALZGITTER AKTIE»Salzgitter Q1 Profit Declines, External Sales Down 11%; Affirms Earnings Guidance

May 11, 2023 | de.investing.com

Raiffeisen Centrobank AG Call 100 EUR Salzgitter AG 31Dec99 (DERC0HE7)

May 10, 2023 | uk.finance.yahoo.com

Salzgitter Aktiengesellschaft: Salzgitter AG with successful first quarter of 2023

May 10, 2023 | markets.businessinsider.com

Salzgitter Q1 Profit Declines, External Sales Down 11%; Affirms Earnings Guidance

April 24, 2023 | de.finance.yahoo.com

Salzgitter Aktiengesellschaft: Salzgitter AG mit ermutigendem Start in das Geschäftsjahr 2023

April 24, 2023 | markets.businessinsider.com

EQS-Adhoc: Salzgitter Aktiengesellschaft: Salzgitter AG off to a promising start into the financial year 2023

March 28, 2023 | finanznachrichten.de

Aktien»Nachrichten»SALZGITTER AKTIE»Salzgitter Group FY22 Profit Rises; Issues FY23 Outlook

March 27, 2023 | de.finance.yahoo.com

Salzgitter Aktiengesellschaft: Salzgitter-Konzern im Ausnahmejahr 2022 mit 1,2 Mrd. € Vorsteuergewinn

March 27, 2023 | markets.businessinsider.com

Salzgitter Group FY22 Profit Rises; Issues FY23 Outlook

December 28, 2022 | finance.yahoo.com

Fast-paced Momentum Stock Salzgitter AG (SZGPY) Is Still Trading at a Bargain

December 9, 2022 | finance.yahoo.com

Salzgitter AG's (ETR:SZG) biggest owners are private companies who got richer after stock soared 8.6% last week

December 8, 2022 | uk.news.yahoo.com

Salzgitter Aktiengesellschaft: Salzgitter AG sells Salzgitter Bauelemente GmbH to FALK Bouwsystemen

December 8, 2022 | markets.businessinsider.com

FALK Group To Acquire Salzgitter Bauelemente

November 11, 2022 | markets.businessinsider.com

Salzgitter AG Q3 Profit Declines

August 24, 2022 | uk.finance.yahoo.com

Salzgitter Aktiengesellschaft: Salzgitter AG places first order for SALCOS® plant

August 24, 2022 | markets.businessinsider.com

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter AG places first order for SALCOS® plant

See More Headlines

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Company Calendar

Today: 11/28/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Private households
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: OTCMKTS:SZGPY
CUSIP: N/A
CIK: 1450344
Web: www.salzgitter-ag.com
Phone: (495) 341-2101
Fax: 49-53-4121-2727
Employees: 22,622
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.95
Trailing P/E Ratio: 3.13
Forward P/E Ratio: 6.47
P/E Growth: N/A
Net Income: $1.14 billion
Net Margins: 4.15%
Pretax Margin: 4.18%
Return on Equity: 9.76%
Return on Assets: 4.34%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.93
Quick Ratio: 1.00

Sales & Book Value

Annual Sales: $13.23 billion
Price / Sales: 0.12
Cash Flow: $2.71 per share
Price / Cash Flow: 1.10
Book Value: $9.45 per share
Price / Book: 0.32

Miscellaneous

Outstanding Shares: 540,870,000
Free Float: N/A
Market Cap: $1.61 billion
Optionable: Not Optionable
Beta: 1.47

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Key Executives

Mr. Gunnar Groebler (Age 51)
Chairman of the Group Management Board & CEO
Comp: $1.81M
Mr. Burkhard Becker (Age 63)
CFO & Member of the Group Management Board
Comp: $1.49M
Mr. Michael Kieckbusch (Age 62)
Chief Personnel Officer & Member of the Group Management Board
Comp: $1.5M
Mr. Ulrich Grethe
Head of the Strip Steel Business Unit & Member of the Management Board
Mr. Kai Acker
Head of the Group Technology Business Unit & Member of Group Management Board
Dr. Sebastian Bross
Head of Trading Business Unit & Member of the Group Management Board
Mr. Uwe Kruse
CIO & Head of IT Strategy
Mr. Markus Heidler
Head of Investor Relations & Corporate Communication
Mr. Jan Mathias Lesemann
Senior Investor Relations Manager

Key Competitors

View All Competitors

SZGPY Stock Analysis - Frequently Asked Questions

Should I buy or sell Salzgitter stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Salzgitter in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SZGPY shares.
View SZGPY analyst ratings or view top-rated stocks.
How have SZGPY shares performed in 2023?: Salzgitter's stock was trading at $3.00 at the beginning of 2023. Since then, SZGPY shares have decreased by 0.7% and is now trading at $2.9780.
View the best growth stocks for 2023 here.
How often does Salzgitter pay dividends? What is the dividend yield for Salzgitter?: Salzgitter announced a dividend on Saturday, May 20th. Shareholders of record on Friday, May 26th will be given a dividend of $0.0714 per share on Wednesday, June 14th. This represents a dividend yield of 1.81%. The ex-dividend date is Thursday, May 25th. This is a positive change from the stock's previous dividend of $0.05.
Read our dividend analysis for SZGPY.

Is Salzgitter a good dividend stock?: Salzgitter (OTCMKTS:SZGPY) pays an annual dividend of $0.07 per share and currently has a dividend yield of 2.33%. The dividend payout ratio is 7.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SZGPY will have a dividend payout ratio of 14.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SZGPY.
How do I buy shares of Salzgitter?: Shares of SZGPY 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.

This page (OTCMKTS:SZGPY) was last updated on 11/28/2023 by MarketBeat.com Staff

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