National Steel (NYSE:SID) Releases Quarterly Earnings Results, Misses Estimates By $0.11 EPS

Posted by Stanley Muller on May 15th, 2026

National Steel (NYSE:SID – Get Free Report) issued its earnings results on Wednesday. The basic materials company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.11), FiscalAI reports. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.08 billion. National Steel had a negative net margin of 4.00% and a negative return on equity of 10.92%.

National Steel Stock Down 6.3%

SID stock traded down $0.09 during mid-day trading on Friday, hitting $1.27. 3,295,787 shares of the company were exchanged, compared to its average volume of 5,020,979. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.71 and a current ratio of 1.08. The firm has a market cap of $1.68 billion, a P/E ratio of -5.27 and a beta of 1.54. The firm’s 50 day simple moving average is $1.30 and its 200 day simple moving average is $1.57. National Steel has a 1-year low of $1.11 and a 1-year high of $2.20.

Institutional Trading of National Steel

An institutional investor recently raised its position in National Steel stock. HRT Financial LP boosted its stake in shares of National Steel Company (NYSE:SID – Free Report) by 175.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 564,262 shares of the basic materials company’s stock after buying 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 filing with the SEC.

Analyst Ratings Changes

SID has been the topic of several recent research reports. Zacks Research raised 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 report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell” and a consensus target price of $1.40.

Read Our Latest Stock Analysis on National Steel

National Steel Company Profile

(Get Free Report)

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.