National Steel (SID) to Release Earnings on Wednesday

National Steel (NYSE:SID) will likely be announcing its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.0413 per share and revenue of $2.0542 billion for the quarter. Investors may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 14, 2026 at 8:00 AM ET.

National Steel (NYSE:SID) last posted its quarterly earnings results on Sunday, February 15th. The basic materials company reported ($0.10) EPS for the quarter. The business had revenue of $2.07 billion during the quarter. National Steel had a negative return on equity of 10.92% and a negative net margin of 4.00%. On average, analysts expect National Steel to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

National Steel Stock Down 1.9%

Shares of NYSE:SID traded down $0.03 during trading on Wednesday, hitting $1.28. The company’s stock had a trading volume of 702,755 shares, compared to its average volume of 5,308,815. The business has a 50 day moving average price of $1.37 and a two-hundred day moving average price of $1.59. The company has a market capitalization of $1.69 billion, a PE ratio of -5.31 and a beta of 1.73. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.71 and a current ratio of 1.08. National Steel has a fifty-two week low of $1.11 and a fifty-two week high of $2.20.

Institutional Investors Weigh In On National Steel

An institutional investor recently raised its position in National Steel stock. HRT Financial LP boosted its stake in National Steel Company (NYSE:SID) by 175.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 564,262 shares of the basic materials company’s stock after acquiring an additional 359,335 shares during the period. HRT Financial LP’s holdings in National Steel were worth $902,000 as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Zacks Research upgraded shares of National Steel from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of National Steel in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, National Steel has a consensus rating of “Sell” and an average target price of $1.40.

National Steel Company Profile

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.