Usinas Siderúrgicas de Minas Gerais - USNZY Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Usinas Siderúrgicas de Minas Gerais in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" USNZY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in USNZY, but not buy additional shares or sell existing shares.
View USNZY analyst ratings or view top-rated stocks.

Usinas Siderúrgicas de Minas Gerais' stock was trading at $1.3950 at the start of the year. Since then, USNZY stock has increased by 6.8% and is now trading at $1.49.
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Usinas Siderúrgicas de Minas Gerais saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 458,200 shares, an increase of 31.4% from the February 13th total of 348,600 shares. Based on an average daily trading volume, of 238,100 shares, the days-to-cover ratio is currently 1.9 days.
View Usinas Siderúrgicas de Minas Gerais' Short Interest.

Usinas Siderúrgicas de Minas Gerais declared a dividend on Saturday, April 23rd. Investors of record on Monday, May 2nd will be given a dividend of $0.1176 per share on Thursday, July 7th. This represents a dividend yield of 13.44%. The ex-dividend date of this dividend is Friday, April 29th. This is an increase from the stock's previous dividend of $0.03.
Read our dividend analysis for USNZY.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) pays an annual dividend of $0.11 per share and currently has a dividend yield of 7.25%. USNZY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 14.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, USNZY will have a dividend payout ratio of 78.57% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for USNZY.

Usinas Siderúrgicas de Minas Gerais trades on the OTCMKTS under the ticker symbol "USNZY."

Shares of USNZY 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.
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One share of USNZY stock can currently be purchased for approximately $1.49.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) has a market capitalization of $816.25 million and generates $6.25 billion in revenue each year. The basic materials company earns $1.68 billion in net income (profit) each year or $0.74 on an earnings per share basis.

The company employs 15,800 workers across the globe.

Usinas Siderúrgicas de Minas Gerais' mailing address is RUA PROFESSOR JOSE VIEIRA DE MENDONCA 3011, Belo horizonte D5, 31310-260. The official website for the company is www.usiminas.com.br. The basic materials company can be reached via phone at 553134998000 or via email at investidores@usiminas.com.