Should I buy or sell Companhia Siderúrgica Nacional stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Companhia Siderúrgica Nacional in the last year. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" SID shares. View SID analyst ratings or view top-rated stocks .

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

3 Wall Street research analysts have issued 12-month price targets for Companhia Siderúrgica Nacional's stock. Their SID share price targets range from $2.90 to $3.00. On average, they predict the company's share price to reach $2.95 in the next twelve months. This suggests a possible upside of 4.6% 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 beginning of the year. Since then, SID stock has decreased by 28.2% and is now trading at $2.82. View the best growth stocks for 2024 here .

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 EPS for the quarter, missing the consensus estimate of $0.19 by $0.06. The basic materials company had revenue of $2.42 billion for the quarter. Companhia Siderúrgica Nacional had a trailing twelve-month return on equity of 1.69% and a net margin of 0.76%.

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. Stockholders 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 is Wednesday, November 22nd. This is a positive change 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 $0.26 per share and currently has a dividend yield of 9.97%. SID has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 520.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SID will have a dividend payout ratio of 78.79% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for SID .

What ETF holds Companhia Siderúrgica Nacional's stock?

VanEck Steel ETF holds 1,570,765 shares of SID stock, representing 3.94% 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) .

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 .

NYSE:SID

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

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Free SID Stock Alerts

$2.82

+0.10 (+3.68%)

(As of 04/19/2024 ET)

Compare

Today's Range: $2.70
▼
$2.82
50-Day Range: $2.71
▼
$3.79
52-Week Range: $2.11
▼
$4.03

Volume: 3.33 million shs
Average Volume: 3.24 million shs
Market Capitalization: $3.91 billion

P/E Ratio: 56.40
Dividend Yield: 9.22%
Price Target: $2.95

Get Companhia Siderúrgica Nacional alerts:

Companhia Siderúrgica Nacional MarketRank™ Stock Analysis

Analyst Rating: Sell
1.33 Rating Score
Upside/Downside: 4.6% Upside
$2.95 Price Target
Short Interest: Healthy
0.24% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.21
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 175.00%
From $0.12 to $0.33 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.

2.36 out of 5 stars

0.7

Analyst's Opinion

Consensus Rating
Companhia Siderúrgica Nacional has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no buy ratings, 1 hold rating, and 2 sell ratings.
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
0.24% 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 1.1, 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 13.98%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Companhia Siderúrgica Nacional is a leading dividend payer. It pays a dividend yield of 9.97%, 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 Coverage
The dividend payout ratio of Companhia Siderúrgica Nacional is 520.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Companhia Siderúrgica Nacional will have a dividend payout ratio of 78.79% 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.

2.3

News and Social Media Coverage

News Sentiment
Companhia Siderúrgica Nacional has a news sentiment score of 0.21. 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 lower news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Companhia Siderúrgica Nacional this week, compared to 0 articles on an average week.
Search Interest
Only 2 people have searched for SID on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
4 people have added Companhia Siderúrgica Nacional to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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.

5.0

Earnings and Valuation

Earnings Growth
Earnings for Companhia Siderúrgica Nacional are expected to grow by 175.00% in the coming year, from $0.12 to $0.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Companhia Siderúrgica Nacional is 56.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Companhia Siderúrgica Nacional is 56.30, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 130.54.
Price to Earnings Growth Ratio
Companhia Siderúrgica Nacional has a PEG Ratio of 0.74. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Companhia Siderúrgica Nacional has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

SID Stock News Headlines

April 20, 2024 | americanbankingnews.com

Investors Purchase Large Volume of Call Options on Companhia Siderúrgica Nacional (NYSE:SID)

April 19, 2024 | finance.yahoo.com

Companhia Siderurgica Nacional (CQWA.BE)

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 10, 2024 | americanbankingnews.com

Companhia Siderúrgica Nacional (NYSE:SID) Lowered to Underperform at Bank of America

April 7, 2024 | seekingalpha.com

Companhia Siderúrgica Nacional: Competition, Low Margins And High Leverage

March 20, 2024 | stocknews.com

Worthington Industries (WOR) Earnings Alert: Evaluating Growth Potential

March 9, 2024 | seekingalpha.com

Companhia Siderúrgica Nacional (SID) Q4 2023 Earnings Call Transcript

December 8, 2023 | seekingalpha.com

Companhia Siderúrgica Nacional: A Positive Outlook Beyond Q3

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

November 29, 2023 | finance.yahoo.com

Announcement of Tender Offer for Any and All 2026 Notes by CSN Resources S.A.

November 14, 2023 | msn.com

CSN surges 10% after iron ore production, shipments hit quarterly record

October 7, 2023 | msn.com

Companhia SiderúRgica Nacional: Possibly Undervalued, But Not That Attractive

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”

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

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

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry: N/A
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 Target: $2.95
High Stock Price Target: $3.00
Low Stock Price Target: $2.90
Potential Upside/Downside: +4.8%
Consensus Rating: Sell
Rating Score (0-4): 1.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.05
Trailing P/E Ratio: 56.30
Forward P/E Ratio: 17.59
P/E Growth: 0.58
Net Income: $80.65 million
Net Margins: 0.76%
Pretax Margin: 2.28%
Return on Equity: 1.69%
Return on Assets: 0.40%

Debt

Debt-to-Equity Ratio: 1.89
Current Ratio: 1.32
Quick Ratio: 0.94

Sales & Book Value

Annual Sales: $9.10 billion
Price / Sales: N/A
Cash Flow: $0.07 per share
Price / Cash Flow: 40.76
Book Value: $2.84 per share
Price / Book: 0.99

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Optionable
Beta: 1.97

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Key Executives

Mr. Benjamin Steinbruch (Age 71)
President of Executive Board, Chairman & CEO
Mr. Antonio Marco Campos Rabello
CFO, Executive Director of Finance & Investor Relations and 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, Logistics, Steel, Cement & Spl Sales and Member of Exe. Board
Mr. Marcelo Cunha Ribeiro (Age 47)
Executive Director & 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
Mr. Rogério Bautista da Nova Moreira
Chief Legal Officer, Executive Legal Director & Member of Executive Board
Igor Estrada Gouvea
Director of Audit, Risks & Compliance
Leonardo De Abreu (Age 45)
People & Management Director

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SID Stock Analysis - Frequently Asked Questions

Should I buy or sell Companhia Siderúrgica Nacional stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Companhia Siderúrgica Nacional in the last year. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" SID shares.
View SID analyst ratings or view top-rated stocks.
What is Companhia Siderúrgica Nacional's stock price target for 2024?: 3 Wall Street research analysts have issued 12-month price targets for Companhia Siderúrgica Nacional's stock. Their SID share price targets range from $2.90 to $3.00. On average, they predict the company's share price to reach $2.95 in the next twelve months. This suggests a possible upside of 4.6% 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 beginning of the year. Since then, SID stock has decreased by 28.2% and is now trading at $2.82.
View the best growth stocks for 2024 here.
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 EPS for the quarter, missing the consensus estimate of $0.19 by $0.06. The basic materials company had revenue of $2.42 billion for the quarter. Companhia Siderúrgica Nacional had a trailing twelve-month return on equity of 1.69% and a net margin of 0.76%.
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. Stockholders 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 is Wednesday, November 22nd. This is a positive change 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 $0.26 per share and currently has a dividend yield of 9.97%. SID has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 520.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SID will have a dividend payout ratio of 78.79% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SID.
What ETF holds Companhia Siderúrgica Nacional's stock?: VanEck Steel ETF holds 1,570,765 shares of SID stock, representing 3.94% 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).
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 4/20/2024 by MarketBeat.com Staff

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

Companhia Siderúrgica Nacional MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Companhia Siderúrgica Nacional Stock (NYSE:SID)

SID Stock Price History

SID Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

SID Stock Analysis - Frequently Asked Questions

Overall MarketRank^™