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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:SID

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

$3.12
-0.02 (-0.64%)
(As of 03/28/2024 ET)
Today's Range
$3.07
$3.13
50-Day Range
$3.03
$3.79
52-Week Range
$2.11
$4.03
Volume
3.09 million shs
Average Volume
2.66 million shs
Market Capitalization
N/A
P/E Ratio
62.50
Dividend Yield
8.64%
Price Target
$3.20

Companhia Siderúrgica Nacional MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
2.4% Upside
$3.20 Price Target
Short Interest
Healthy
0.21% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of Companhia Siderúrgica Nacional in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
44.83%
From $0.29 to $0.42 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.92 out of 5 stars

SID stock logo

About Companhia Siderúrgica Nacional Stock (NYSE:SID)

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.

SID Stock Price History

SID Stock News Headlines

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SID Companhia Siderúrgica Nacional
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Company Calendar

Last Earnings
3/07/2024
Today
3/28/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry
N/A
Employees
26,766
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.20
High Stock Price Target
$4.10
Low Stock Price Target
$2.30
Potential Upside/Downside
+3.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$80.65 million
Pretax Margin
2.28%

Debt

Sales & Book Value

Annual Sales
$9.10 billion
Cash Flow
$0.07 per share
Book Value
$2.84 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.99
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Key Executives

  • Mr. Benjamin Steinbruch (Age 71)
    President of Executive Board, Chairman & CEO
  • Mr. Marcelo Cunha Ribeiro (Age 47)
    Executive Director of Finance and Investor Relations & Member of Executive Board
  • Mr. David Moise Salama (Age 58)
    Executive Director of Insurance, Credit and Property & Member of Executive Board
  • Mr. Luis Fernando Barbosa Martinez (Age 61)
    Executive Director of Commercial and Logistics Area & Member of Executive Board
  • Mr. Stephan Heinz Josef Victor Weber (Age 63)
    Executive Director of Investments & Member of Executive Board
  • Mr. Alexandre de Campos Lyra
    Executive Director of Production Area of ?the Steel Segment & Member of the Executive Board
  • Ms. Claudia Maria Sarti (Age 54)
    Corporate Legal, Governance & Capital Market Manager
  • Igor Estrada Gouvea
    Director of Audit, Risks & Compliance
  • Leonardo De Abreu (Age 45)
    People & Management Director
  • Mr. Felipe Steinbruch (Age 30)
    Head of CSN Inova

SID Stock Analysis - 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 2 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SID shares.
View SID analyst ratings
or view top-rated stocks.

What is Companhia Siderúrgica Nacional's stock price target for 2024?

4 Wall Street research analysts have issued 1 year price targets for Companhia Siderúrgica Nacional's stock. Their SID share price targets range from $2.30 to $4.10. On average, they predict the company's share price to reach $3.20 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
View analysts price targets for SID
or view top-rated stocks among Wall Street analysts.

How have SID shares performed in 2024?

Companhia Siderúrgica Nacional's stock was trading at $3.93 at the start of the year. Since then, SID stock has decreased by 20.5% and is now trading at $3.1250.
View the best growth stocks for 2024 here
.

Are investors shorting Companhia Siderúrgica Nacional?

Companhia Siderúrgica Nacional saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 3,080,000 shares, an increase of 24.2% from the January 31st total of 2,480,000 shares. Based on an average daily volume of 2,410,000 shares, the short-interest ratio is presently 1.3 days. Approximately 0.2% of the shares of the company are short sold.
View Companhia Siderúrgica Nacional's Short Interest
.

When is Companhia Siderúrgica Nacional's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our SID earnings forecast
.

How were Companhia Siderúrgica Nacional's earnings last quarter?

Companhia Siderúrgica Nacional (NYSE:SID) announced its quarterly earnings results on Thursday, March, 7th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.06. The basic materials company had revenue of $2.42 billion for the quarter. Companhia Siderúrgica Nacional had a net margin of 0.76% and a trailing twelve-month return on equity of 1.69%.

How often does Companhia Siderúrgica Nacional pay dividends? What is the dividend yield for Companhia Siderúrgica Nacional?

Companhia Siderúrgica Nacional declared a -- dividend on Monday, November 20th. Investors of record on Friday, November 24th will be paid a dividend of $0.1526 per share on Wednesday, November 22nd. This represents a yield of 20.2%. The ex-dividend date of this dividend is Wednesday, November 22nd. This is an increase from the stock's previous -- dividend of $0.12.
Read our dividend analysis for SID
.

Is Companhia Siderúrgica Nacional a good dividend stock?

Companhia Siderúrgica Nacional (NYSE:SID) pays an annual dividend of $0.27 per share and currently has a dividend yield of 8.74%. SID has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 540.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SID will have a dividend payout ratio of 64.29% next year. This indicates that the company will be able to sustain or increase its dividend.
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.

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).

Who are Companhia Siderúrgica Nacional's major shareholders?

Companhia Siderúrgica Nacional's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (0.00%), Vanguard Group Inc. (0.00%), Dimensional Fund Advisors LP (0.00%), Van ECK Associates Corp (0.00%), NFJ Investment Group LLC (0.00%) and Perpetual Ltd (0.00%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SID) was last updated on 3/28/2024 by MarketBeat.com Staff

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