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

Company Overview

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates through five segments: Steel Industry, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as hot and cold rolled, galvanized, galvalume, pre-painted, and metal sheets products; coil, sheets, and derivatives; tiles and derivatives, pipes, and profiles; long steel products; steel packaging solutions for the food industry; chemical packaging solution; and carbochemical products. It also provides steel cutting services; produces and sells cement; operates railway and port facilities; and generates electric power from its thermoelectric co-generation and hydroelectric power plants. In addition, the company 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. Companhia Siderúrgica Nacional was founded in 1941 and is headquartered in São Paulo, Brazil.

Key Stats

• Today's Range: $1.53 to $1.60
• 50-Day Range: $1.53 to $2.18
• 52-Week Range: $1.50 to $4.03
• Volume: 3.34 million shs
• Average Volume: 2.28 million shs
• Market Capitalization: $2.14 billion
• P/E Ratio: N/A
• Dividend Yield: 14.29%
• Price Target: $2.95
• Consensus Rating: Sell

Companhia Siderúrgica Nacional Stock Analysis - MarketRank™

Companhia Siderúrgica Nacional scored higher than 43% of companies evaluated by MarketBeat, and ranked 143rd out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Sell

Consensus Rating

Companhia Siderúrgica Nacional has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Companhia Siderúrgica Nacional has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -36.36%

Earnings Growth

Earnings for Companhia Siderúrgica Nacional are expected to decrease by -36.36% in the coming year, from $0.33 to $0.21 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Companhia Siderúrgica Nacional is -51.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Companhia Siderúrgica Nacional is -51.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Companhia Siderúrgica Nacional has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.60% 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 3.6, 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 decreased by 10.99%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Companhia Siderúrgica Nacional is a leading dividend payer. It pays a dividend yield of 14.46%, 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 Sustainability

Based on EPS estimates, Companhia Siderúrgica Nacional will have a dividend payout ratio of 104.76% in the coming year. This indicates that Companhia Siderúrgica Nacional may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.60% 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 3.6, 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 decreased by 10.99%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

Companhia Siderúrgica Nacional has a news sentiment score of -0.64. 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 0.50 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Companhia Siderúrgica Nacional this week, compared to 1 article on an average week.

Search Interest

2 people have searched for SID on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added Companhia Siderúrgica Nacional to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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.

SID Stock Analysis - Frequently Asked Questions

How have SID shares performed this year?

Companhia Siderúrgica Nacional's stock was trading at $3.93 at the beginning of the year. Since then, SID stock has decreased by 60.8% and is now trading at $1.54.
View the best growth stocks for 2024 here.

How were Companhia Siderúrgica Nacional's earnings last quarter?

Companhia Siderúrgica Nacional (NYSE:SID) released its quarterly earnings data on Monday, July, 26th. The basic materials company reported $3.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $2.54. The basic materials company earned $2.91 billion during the quarter, compared to analysts' expectations of $2.92 billion. Companhia Siderúrgica Nacional had a negative net margin of 2.36% and a negative trailing twelve-month return on equity of 5.33%.

Who are Companhia Siderúrgica Nacional's major shareholders?

Top institutional investors of Companhia Siderúrgica Nacional include Van ECK Associates Corp (0.12%), State Street Corp, Healthcare of Ontario Pension Plan Trust Fund (0.12%) and The Manufacturers Life Insurance Company.

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.

What other stocks do shareholders of Companhia Siderúrgica Nacional own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Companhia Siderúrgica Nacional investors own include Bank of America (BAC), Vale (VALE), Gerdau (GGB), AMC Entertainment (AMC), Cleveland-Cliffs (CLF), Ciena (CIEN) and Ford Motor (F).

Company Calendar

• Last Earnings: 7/26/2021
• Ex-Dividend for 11/29 Dividend: 11/29/2024
• Dividend Payable: 11/29/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Steel works, blast furnaces, & rolling & finishing mills
• Sub-Industry: Steel Works
• Current Symbol: NYSE:SID
• CUSIP: N/A
• CIK: 1049659
• Web: www.csn.com.br
• Phone: 551130497100
• Fax: 55-11-3049-7212
• Employees: 29,563
• 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: +91.6%
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.15)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 4.67
• P/E Growth: N/A
• Net Income: $-63,740,000.00
• Net Margins: -2.36%
• Pretax Margin: -0.56%
• Return on Equity: -5.33%
• Return on Assets: -1.02%

Debt

• Debt-to-Equity Ratio: 2.77
• Current Ratio: 1.34
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $43.67 billion
• Price / Sales: 0.05
• Cash Flow: $0.43 per share
• Price / Cash Flow: 3.55
• Book Value: $2.84 per share
• Price / Book: 0.54

Miscellaneous

• Outstanding Shares: 1,387,520,000
• Free Float: N/A
• Market Cap: $2.14 billion
• Optionable: Optionable
• Beta: 2.12