AKS - AK Steel Holding Corporation

NYSE - NYSE Delayed Price. Currency in USD
4.44
-0.23 (-4.93%)
At close: 4:02PM EDT
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Previous Close4.67
Open4.70
Bid0.00 x 900
Ask4.52 x 47300
Day's Range4.43 - 4.70
52 Week Range4.00 - 6.80
Volume11,324,771
Avg. Volume11,468,818
Market Cap1.401B
Beta (3Y Monthly)2.62
PE Ratio (TTM)N/A
EPS (TTM)-0.22
Earnings DateOct 25, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2012-05-11
1y Target Est5.31
Trade prices are not sourced from all markets
  • US Steel Companies Still Looking to the Trump Administration
    Market Realist19 hours ago

    US Steel Companies Still Looking to the Trump Administration

    The US steel industry got a major reprieve after President Donald Trump slapped Section 232 tariffs on US steel imports. AK Steel (AKS) and Cleveland-Cliffs (CLF) praised the tariffs. But even after the tariffs, US steel companies may still be looking to the Trump administration for support.

  • Cleveland-Cliffs Has Strong Q3 2018, Reinitiates Dividend
    Market Realist19 hours ago

    Cleveland-Cliffs Has Strong Q3 2018, Reinitiates Dividend

    Cleveland-Cliffs (CLF) released its third-quarter earnings today before the markets opened. Its revenue came in at $741.8 million, which was 24.3% higher YoY (year-over-year), beating analysts’ estimate of $732 million according to the consensus compiled by Thomson Reuters. In its second-quarter results, it beat the consensus estimate.

  • Are President Trump’s Steel Tariffs Having the Desired Effect?
    Market Realist20 hours ago

    Are President Trump’s Steel Tariffs Having the Desired Effect?

    In March, President Donald Trump imposed a 25% tariff on US steel imports, acting on the United States Department of Commerce’s Section 232 investigation. With the tariffs, the US steel industry’s capacity utilization rate was expected to rise above 80%.

  • Are Deteriorating Global Macros to Blame for US Steel’s Mess?
    Market Realist2 days ago

    Are Deteriorating Global Macros to Blame for US Steel’s Mess?

    Is the Sell-Off in US Steel Stocks Overdone? As we’ve already seen in this series, there’s been a sell-off in US steel stocks, including Nucor (NUE), U.S. Steel Corporation (X), and AK Steel (AKS). In the previous part, we looked at some of the domestic factors that could be making investors bearish on US steel stocks (XME).

  • What’s Really Driving the Slump in US Steel Stocks?
    Market Realist2 days ago

    What’s Really Driving the Slump in US Steel Stocks?

    US steel stocks are having a terrible month, which has added to their woes. U.S. Steel Corporation (X) and AK Steel (AKS) have fallen 7.5% and 1.8%, respectively, this month. Nucor (NUE) has shed 6.9% of its market capitalization this month. Let’s look now at the various factors that are driving the recent slump in steel stocks.

  • Is the Sell-Off in US Steel Stocks Overdone?
    Market Realist2 days ago

    Is the Sell-Off in US Steel Stocks Overdone?

    US steel stocks, which have been subdued for the last few months, have seen fresh selling pressure this month. Earlier this week, Credit Suisse downgraded US steel stocks from “overweight” to “equal weight.” Several other brokerages have also taken a bearish view of US steel stocks.

  • Wall Street Expects Growth in Cleveland-Cliffs’s Free Cash Flow
    Market Realist2 days ago

    Wall Street Expects Growth in Cleveland-Cliffs’s Free Cash Flow

    Cleveland-Cliffs (CLF) generated FCF of $182 million in 2017, which mostly went toward enhancing its core business, including its acquisition of the remaining minority interest in both the Tilden and Empire mines. According to the consensus compiled by Thomson Reuters, analysts expect Cliffs to generate FCF of $194 million in 2018, which implies growth of 6.5% YoY (year-over-year).

  • Car Wars: Steel Getting Stronger, Lighter to Curb Aluminum Rise
    Bloomberg2 days ago

    Car Wars: Steel Getting Stronger, Lighter to Curb Aluminum Rise

    Lightweight aluminum has chipped away at steel’s use in vehicles as fuel efficiency standards have risen. The fuel standards are under attack, a trade war threatens to hike costs, and the auto industry is racing toward a future with electric cars that consumers insist go further and further on a single charge. For automakers, “the biggest bang for their buck is going to be in the power train and battery supply,” Petersen said.

  • What Wall Street Expects for Cleveland-Cliffs’s Debt
    Market Realist3 days ago

    What Wall Street Expects for Cleveland-Cliffs’s Debt

    Cleveland-Cliffs (CLF) has come a long way with respect to its debt levels. The company’s change in management in 2014 and its focus on debt reduction have somewhat allayed investors’ concerns. During the Q2 2018 earnings call, Cleveland-Cliffs maintained that bringing its net debt below $1 billion is its second priority, after the focus on the HBI (hot-briquetted iron) plant.

  • AK Steel (AKS) Receives New $1.2-Million Award From DOE
    Zacks3 days ago

    AK Steel (AKS) Receives New $1.2-Million Award From DOE

    The latest project enables AK Steel (AKS) to explore new low-density steels that can be used in automotive structural applications.

  • Cleveland-Cliffs: What’s Driving Wall Street Earnings Estimates?
    Market Realist3 days ago

    Cleveland-Cliffs: What’s Driving Wall Street Earnings Estimates?

    Analysts’ EBITDA estimates reflect their expectations for a company’s future profitability. Analysts usually derive these estimates from revenue projections, margin assumptions, or cost projections.

  • What Upside Is Priced into CLF’s Revenue Estimates for Q3 2018?
    Market Realist3 days ago

    What Upside Is Priced into CLF’s Revenue Estimates for Q3 2018?

    Wall Street analysts expect Cleveland-Cliffs (CLF) to generate revenue of $731 million in the third quarter, which implies a rise of 4.7% YoY (year-over-year). This expectation is the result of the company’s guidance for higher volumes along with higher spot HRC (hot-rolled coil) prices prevailing in the market compared to last year’s corresponding period. As we discussed earlier in this series, CLF expects higher volumes in the third quarter.

  • Will CLF’s Momentum on Wall Street Stay Positive after Q3 2018?
    Market Realist4 days ago

    Will CLF’s Momentum on Wall Street Stay Positive after Q3 2018?

    Cleveland-Cliffs (CLF) stock has received six upgrades (including initiations) and just one downgrade in 2018 so far.

  • Donald Trump’s top 26 contributors in the Dayton area
    American City Business Journals4 days ago

    Donald Trump’s top 26 contributors in the Dayton area

    The top contributors to the Trump 2020 re-election campaign highlight a few notable local business persons.

  • Why Cleveland-Cliffs’s US Volumes Could Grow in Q3 2018
    Market Realist4 days ago

    Why Cleveland-Cliffs’s US Volumes Could Grow in Q3 2018

    Cleveland-Cliffs (CLF) reported volumes of ~6 million long tons for its US (DIA) iron ore (or USIO) division for Q2 2018. The volumes during the quarter reflect a YoY (year-over-year) increase of 38%. The primary reasons for the increase in volumes were increased customer demand and change in the method of sales recognition.

  • Cleveland-Cliffs’s Q3 2018 Results: What’s in the Cards?
    Market Realist4 days ago

    Cleveland-Cliffs’s Q3 2018 Results: What’s in the Cards?

    Cleveland-Cliffs (CLF) is slated to release its third-quarter results before the market opens on October 19. It will have a conference call with analysts and investors on the same day at 10:00 AM EDT. CLF’s second-quarter results were a solid beat on expectations.

  • Benzinga5 days ago

    Credit Suisse Downgrades American Steel Sector On Supply, Interest Rate Concerns

    The volatile steel sector has yet to obtain the stamp of approval from sell-side firms despite expectations that President Donald Trump's tariffs could lend support.  Ahead of the third-quarter reporting ...

  • Is It Too Late to Downgrade US Steel Stocks?
    Market Realist5 days ago

    Is It Too Late to Downgrade US Steel Stocks?

    On October 15, Credit Suisse downgraded the US steel sector to a “market weight” from an “overweight” rating. Credit Suisse downgraded Nucor (NUE) and Cleveland Cliffs (CLF). Several other brokerages have also taken bearish views on US steel stocks.

  • Trump's Tariffs Were Supposed to Help Steel Stocks. So Why Are They Down in 2018?
    Motley Fool7 days ago

    Trump's Tariffs Were Supposed to Help Steel Stocks. So Why Are They Down in 2018?

    Even though tariffs have bumped the prices for domestic steel and aluminum, these four stocks are down more than 15% this year.

  • GlobeNewswire9 days ago

    AK Steel Receives New $1.2 Million Award from U.S. Department of Energy to Explore the Development of New Steels for Lightweighting for Automotive Applications

    AK Steel (AKS) announced today that it has accepted an award of up to $1.2 million from U.S. Department of Energy (DOE) under the Office of Energy Efficiency and Renewable Energy’s (EERE) Advanced Manufacturing Office program to investigate novel low density steels in the laboratory, which could ultimately be used in automotive structural applications. The three-year project will be conducted in collaboration with DOE, Oak Ridge National Laboratory Materials Science and Technology Division, and the Advanced Steel Processing and Products Research Center in the Department of Metallurgical & Materials Engineering at the Colorado School of Mines.  The objective of the project is to conduct alloy design, laboratory validation, and testing of low density steels that are alternatives to currently available advanced high strength steels and other lightweight metals.  These low density steels are expected to generate energy savings by bringing efficiencies in manufacturing and lifetime savings in automotive structural applications.

  • Analysts Have Been Downgrading U.S. Steel Recently
    Market Realist9 days ago

    Analysts Have Been Downgrading U.S. Steel Recently

    U.S. Steel Corporation (X) is scheduled to release its third-quarter earnings results on November 1. The stock has received “buy” or higher ratings from eight analysts, while six analysts have given it “hold” ratings. The remaining two analysts polled by Thomson Reuters on October 9 have given it “sell” or equivalent ratings.

  • Have Metal and Mining Stocks Become a Bottomless Pit?
    Market Realist9 days ago

    Have Metal and Mining Stocks Become a Bottomless Pit?

    Although the broader market (DIA) is still in the green for the year, metals and mining stocks have sagged this year. Steel stocks like U.S. Steel (X) and AK Steel (AKS) have also been on a losing spree. Metal prices have been subdued this year amid the US-China trade war scare.

  • Could AK Steel Impress Wall Street with Its Q3 2018 Earnings?
    Market Realist9 days ago

    Could AK Steel Impress Wall Street with Its Q3 2018 Earnings?

    AK Steel (AKS) is scheduled to release its third-quarter earnings results on October 25. Five analysts have rated AK Steel as a “hold,” while the remaining two analysts polled by Thomson Reuters on October 9 have given it “sell” or equivalent ratings. AK Steel’s mean consensus price target of $5.25 represents a 9.4% upside over its October 9 closing price.

  • Final trades: First Data, AK Steel, J&J, American Airline...
    CNBC Videos3 days ago

    Final trades: First Data, AK Steel, J&J, American Airline...

    The "Halftime Report" traders and Omega Advisors' Lee Cooperman give their top stocks to watch for the second half.