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, 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.

Key Stats

• Today's Range: $2.30 to $2.34
• 50-Day Range: $1.99 to $2.46
• 52-Week Range: $1.89 to $4.03
• Volume: 1.22 million shs
• Average Volume: 2.25 million shs
• Market Capitalization: $3.23 billion
• P/E Ratio: 25.89
• Dividend Yield: 11.16%
• Price Target: $2.95
• Consensus Rating: Sell

Companhia Siderúrgica Nacional Stock Analysis - MarketRank™

Companhia Siderúrgica Nacional scored higher than 69% of companies evaluated by MarketBeat, and ranked 98th out of 193 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: 3.1 / 5
• Proj. Earnings Growth: -26.32%

Earnings Growth

Earnings for Companhia Siderúrgica Nacional are expected to decrease by -26.32% in the coming year, from $0.38 to $0.28 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Companhia Siderúrgica Nacional is 25.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Companhia Siderúrgica Nacional is 25.89, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 121.29.

Price to Earnings Growth Ratio

Companhia Siderúrgica Nacional has a PEG Ratio of 0.72. 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 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.55% 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 4.8.

Change versus previous month

Short interest in Companhia Siderúrgica Nacional has recently increased by 16.40%, indicating that investor sentiment is decreasing 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 11.17%, 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 288.89%. 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 92.86% 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

0.55% 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 4.8.

Change versus previous month

Short interest in Companhia Siderúrgica Nacional has recently increased by 16.40%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.72

News Sentiment

Companhia Siderúrgica Nacional has a news sentiment score of 0.72. 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 higher news sentiment than the 0.43 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Companhia Siderúrgica Nacional this week, compared to 0 articles on an average week.

Search Interest

3 people have searched for SID on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

3 people have added Companhia Siderúrgica Nacional to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 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 2024. Since then, SID shares have decreased by 40.7% and is now trading at $2.33.
View the best growth stocks for 2024 here.

How were Companhia Siderúrgica Nacional's earnings last quarter?

Companhia Siderúrgica Nacional (NYSE:SID) issued its quarterly earnings results on Monday, August, 12th. The basic materials company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.26) by $0.18. The basic materials company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $1.94 billion. Companhia Siderúrgica Nacional had a negative trailing twelve-month return on equity of 0.79% and a negative net margin of 0.34%.

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 Intelsat (I), Bank of America (BAC), Gerdau (GGB), AMC Entertainment (AMC), Fossil Group (FOSL), Associated British Foods (ABF) and Chaarat Gold (CGH).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 10/05/2024
• Next Earnings (Estimated): 11/26/2024
• 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: +26.6%
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.09
• Trailing P/E Ratio: 25.89
• Forward P/E Ratio: 6.13
• P/E Growth: 0.72
• Net Income: $-63,740,000.00
• Net Margins: -0.34%
• Pretax Margin: 2.82%
• Return on Equity: -0.79%
• Return on Assets: -0.17%

Debt

• Debt-to-Equity Ratio: 2.56
• Current Ratio: 1.29
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $43.72 billion
• Price / Sales: 0.07
• Cash Flow: $0.62 per share
• Price / Cash Flow: 3.74
• Book Value: $2.84 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: 1,387,520,000
• Free Float: N/A
• Market Cap: $3.23 billion
• Optionable: Optionable
• Beta: 2.13