View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsOlympic Steel 향후 성장Future 기준 점검 0/6Olympic Steel의 수익이 증가할 것으로 예상됨입니다. 주당 순이익은 증가 연간 67.7%할 것으로 예상됩니다.핵심 정보n/a이익 성장률67.72%EPS 성장률Metals and Mining 이익 성장18.3%매출 성장률2.4%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트02 Feb 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Feb 14+ 1 more updateRyerson Holding Corporation (NYSE:RYI) completed the acquisition of Olympic Steel, Inc. (NasdaqGS:ZEUS) from group of shareholders.Ryerson Holding Corporation (NYSE:RYI) entered into a definitive agreement to acquire Olympic Steel, Inc. (NasdaqGS:ZEUS) from group of shareholders for approximately $470 million on October 28, 2025. Under the terms of the merger agreement, Olympic Steel shareholders will receive 1.7105 Ryerson shares of common stock for every Olympic Steel share of common stock owned and will own approximately 37% of the combined company. If the merger agreement is terminated due to Ryerson’s board of directors changing or withdrawing its recommendation in connection with the merger, or due to Ryerson committing a willful and material breach of its non-solicitation obligations, Ryerson will be required to pay to the Olympic Steel $15 million. If the Merger Agreement is terminated due to the board of Olympic Steel changing its recommendation in connection with the merger, or due to Olympic Steel committing a willful and material breach of its non-solicitation obligations, then the Olympic Steel will be required to pay Ryerson $15 million. As part of the transaction, Michael D. Siegal, Executive Chairman of Olympic Steel's Board of Directors, will be appointed chairman of the Board of Directors ("Board") of the combined company, and Olympic Steel will also appoint three other mutually satisfactory directors to the combined 11-member Board. Eddie Lehner, President and Chief Executive Officer ("CEO") of Ryerson, will serve as CEO of the combined company, with Richard T. Marabito, CEO of Olympic Steel, serving as President and Chief Operating Officer. Following the completion of transaction, shares of Olympic Steel will cease trading on February 13, 2026, and following the closing, Olympic Steel will no longer be listed on the NASDAQ exchange. Olympic Steel will merge with Ryerson on the terms set forth in the merger agreement and Olympic Steel shareholders will be entitled to receive 1.7105 shares of Ryerson common stock per share of Olympic Steel common stock. The board of directors of the Olympic Steel has unanimously approved the transaction. The transaction is subject to the satisfaction or waiver of customary and other closing conditions, (a) the adoption of the Merger Agreement by (i) a majority of the Olympic Steel shareholders and (ii) a majority of the stockholders of Ryerson; (b) the common stock of Ryerson issuable in connection with the Merger having been approved for listing on the New York Stock Exchange; (c) the absence of any laws or orders in any jurisdiction in which Ryerson or the Company has material assets or material business operations prohibiting the consummation of the Merger; (d) Ryerson’s registration statement on Form S-4 having become effective under the Securities Act of 1933; (e) the expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The transaction is expected to close in the early of 2026. The merger is expected to be immediately accretive to shareholders of the combined entity and is expected to result in a reduced pro-forma leverage ratio of less than three times, assuming partial credit for synergies. As of February 5, 2026, Ryerson believes giving effect to the potential addition of Olympic for the last six weeks of the quarter would increase revenue by an estimated $260 to $280 million and add an estimated incremental $12 to $13 million in Adjusted EBITDA, excluding LIFO for a total Q1 adjusted EBITDA ex-LIFO in the range of $63 to $67 million on a combined $1.52 to $1.58 billion in total revenue. On February 12, 2026, it was announced that the transaction is subject to the satisfaction of the remaining customary closing conditions and is expected to close on February 13, 2026. J.P. Morgan Securities LLC acted as financial advisor, fairness opinion provider to Ryerson Holding Corporation and will receive a fee of $3 million for opinion rendered and $5 million for advisory services. Christopher M. Kelly, Michael J. Solecki, Benjamin L. Stulberg and Jared P. Hasson of Jones Day acted as legal advisor to Olympic Steel, Inc. Cristopher Greer, Adam M. Turteltaub, Brian E. Hamilton, Thomas G. Sharkey of Willkie Farr & Gallagher LLP acted as legal advisor to Ryerson Holding Corporation. KeyBanc Capital Markets Inc. acted as financial advisor, fairness opinion provider to Olympic Steel, Inc and will receive a fee of $1 million for opinion rendered and $6.5 million for advisory services. Houlihan Lokey, Inc. acted as financial advisor and fairness opinion provider to Olympic Steel, Inc. MacKenzie Partners, Inc acted as proxy solicitor to Ryerson Holding and Olympic Steel and will receive a fee of $0.0175 million. Equiniti Trust Company, LLC acted as transfer agent to Ryerson Holding. Computershare Trust Company, National Association acted as transfer agent to Olympic Steel. Ryerson Holding Corporation (NYSE:RYI) completed the acquisition of Olympic Steel, Inc. (NasdaqGS:ZEUS) from group of shareholders on February 13, 2026. Upon completion of the transaction Ryerson Holding Corporation will trade under the ticker RYZ.공시 • Feb 13+ 21 more updatesOlympic Steel, Inc.(NasdaqGS:ZEUS) dropped from Russell 2000 Dynamic IndexOlympic Steel, Inc.(NasdaqGS:ZEUS) dropped from Russell 2000 Dynamic Index공시 • Oct 29+ 2 more updatesRyerson and Olympic Steel Announce Executive ChangesRyerson Holding Corporation and Olympic Steel, Inc. announced that they have entered into a definitive agreement to merge. Michael D. Siegal, Executive Chairman of Olympic Steel's Board of Directors, will be appointed chairman of the Board of Directors ("Board") of the combined company, and Olympic Steel will also appoint three other mutually satisfactory directors to the combined 11-member Board. Eddie Lehner, President and Chief Executive Officer ("CEO") of Ryerson, will serve as CEO of the combined company, with Richard T. Marabito, CEO of Olympic Steel, serving as President and Chief Operating Officer.공시 • Sep 30Olympic Steel, Inc. to Report Q3, 2025 Results on Oct 30, 2025Olympic Steel, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025공시 • Aug 01Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on September 15, 2025Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.16 per share, which is payable on September 15, 2025, to shareholders of record on September 2, 2025. The Company has paid a regular quarterly dividend since March 2006, increasing the dividend in each of the last three years.공시 • Jul 02Olympic Steel, Inc. to Report Q2, 2025 Results on Jul 31, 2025Olympic Steel, Inc. announced that they will report Q2, 2025 results on Jul 31, 2025공시 • Jun 30+ 1 more updateOlympic Steel, Inc.(NasdaqGS:ZEUS) dropped from Russell 2000 Value-Defensive IndexOlympic Steel, Inc.(NasdaqGS:ZEUS) dropped from Russell 2000 Value-Defensive Index공시 • May 06Olympic Steel, Inc. Announces Board ChangesOlympic Steel Inc. announced that Peter J. Scott was elected to its board of directors at the company’s Annual Meeting on May 2. Long-time director Michael G. Rippey has retired from the Board after 10 years of service. Mr. Scott founded Headwall Partners, an independent investment banking firm focused on the metals and mining industries, in 2016. He currently serves as the Managing Partner. Mr. Scott previously served as Managing Director and Americas Head of Industrials, Global Head of Steel & Metals and Americas Head of Mining for Jefferies Group LLC. He also previously served as Executive Director and Americas Head of Metals at Morgan Stanley. Mr. Rippey joined Olympic Steel’s Board in 2015. During his tenure, he served on the Nominating and Governance Committee and as Chairman of the Audit and Compliance Committee.공시 • May 02Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on June 16, 2025The Board of Directors of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.16 per share, which is payable on June 16, 2025, to shareholders of record on June 2, 2025. The company has paid regular dividends dating back to 2006.공시 • Apr 02Olympic Steel, Inc. to Report Q1, 2025 Results on May 01, 2025Olympic Steel, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025공시 • Mar 31Olympic Steel, Inc., Annual General Meeting, May 02, 2025Olympic Steel, Inc., Annual General Meeting, May 02, 2025. Location: meetnow.global/mpwvzu9, United States공시 • Feb 21Olympic Steel, Inc. Approves Quarterly Cash Dividend, Payable on March 17, 2025Olympic Steel, Inc. announced that the Board of Directors approved a regular quarterly cash dividend of $0.16 per share, which is an increase from the Company’s last quarterly dividend of $0.15 per share. This marks the fourth increase since 2022, cumulatively raising the quarterly dividend from $0.02 per share to $0.16 per share. The dividend is payable on March 17, 2025, to shareholders of record as of March 3, 2025.공시 • Jan 21Olympic Steel, Inc. to Report Q4, 2024 Results on Feb 20, 2025Olympic Steel, Inc. announced that they will report Q4, 2024 results After-Market on Feb 20, 2025Board Change • Dec 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Independent Director Rich Stovsky was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Nov 13Olympic Steel, Inc. (NasdaqGS:ZEUS) acquired Metalworks LLC.Olympic Steel, Inc. (NasdaqGS:ZEUS) acquired Metalworks LLC on November 11, 2024. A cash consideration will be paid by Olympic Steel, Inc. The business, will continue to operate as Metal Works, led by President Ben Houston and his management team, the all-cash purchase is expected to be immediately accretive for Olympic Steel, Inc. (NasdaqGS:ZEUS). Olympic Steel, Inc. (NasdaqGS:ZEUS) completed the acquisition of Metalworks LLC on November 11, 2024.Declared Dividend • Nov 12Third quarter dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 2nd December 2024 Payment date: 16th December 2024 Dividend yield will be 1.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next year, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €38.80, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 80% over the past three years.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.23 (vs US$1.06 in 3Q 2023)Third quarter 2024 results: EPS: US$0.23 (down from US$1.06 in 3Q 2023). Revenue: US$470.0m (down 11% from 3Q 2023). Net income: US$2.73m (down 78% from 3Q 2023). Profit margin: 0.6% (down from 2.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Nov 01Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable December 16, 2024Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.15 per share, which is payable on December 16, 2024, to shareholders of record as of December 2, 2024. The Company has paid a regular quarterly dividend since March 2006.공시 • Oct 04Olympic Steel, Inc. to Report Q3, 2024 Results on Oct 31, 2024Olympic Steel, Inc. announced that they will report Q3, 2024 results After-Market on Oct 31, 2024Upcoming Dividend • Aug 26Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 30 August 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.2%).Declared Dividend • Aug 12Second quarter dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 30th August 2024 Payment date: 16th September 2024 Dividend yield will be 1.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 8.4% over the next year. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range.New Risk • Aug 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change).Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$0.66 (vs US$1.30 in 2Q 2023)Second quarter 2024 results: EPS: US$0.66 (down from US$1.30 in 2Q 2023). Revenue: US$526.3m (down 7.6% from 2Q 2023). Net income: US$7.66m (down 49% from 2Q 2023). Profit margin: 1.5% (down from 2.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.공시 • Aug 02Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on September 16, 2024The Board of Directors of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.15 per share, which is payable on September 16, 2024, to shareholders of record on September 2, 2024. The Company has paid a regular quarterly dividend since March 2006, increasing the dividend in each of the last three years.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €44.80, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 89% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €21.95 per share.공시 • Jul 04Olympic Steel, Inc. to Report Q2, 2024 Results on Aug 01, 2024Olympic Steel, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024Upcoming Dividend • May 27Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%).Declared Dividend • May 13First quarter dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 3rd June 2024 Payment date: 17th June 2024 Dividend yield will be 1.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 11% over the next year. However, it would need to fall by 84% to increase the payout ratio to a potentially unsustainable range.Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €49.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.91 per share.New Risk • May 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • May 03First quarter 2024 earnings released: EPS: US$0.75 (vs US$0.85 in 1Q 2023)First quarter 2024 results: EPS: US$0.75 (down from US$0.85 in 1Q 2023). Revenue: US$526.6m (down 8.1% from 1Q 2023). Net income: US$8.70m (down 12% from 1Q 2023). Profit margin: 1.7% (in line with 1Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 1.6% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.공시 • May 03Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on June 17, 2024Olympic Steel, Inc. announced that the Board of Directors approved a regular quarterly cash dividend of $0.15 per share, which is payable on June 17, 2024, to shareholders of record on June 3, 2024.공시 • Apr 04Olympic Steel, Inc. to Report Q1, 2024 Results on May 02, 2024Olympic Steel, Inc. announced that they will report Q1, 2024 results After-Market on May 02, 2024공시 • Mar 30Olympic Steel, Inc., Annual General Meeting, May 03, 2024Olympic Steel, Inc., Annual General Meeting, May 03, 2024, at 11:00 US Eastern Standard Time. Agenda: To consider and elect the Directors to the class whose two-year term will expire in 2026; and to consider the selection of Grant Thornton LLP as the company's independent auditors for the year ending December 31, 2024; to consider and approve the executive officer compensation; and to consider the other business matters.New Risk • Mar 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (2.1% net profit margin).Reported Earnings • Feb 23Full year 2023 earnings released: EPS: US$3.85 (vs US$7.87 in FY 2022)Full year 2023 results: EPS: US$3.85 (down from US$7.87 in FY 2022). Revenue: US$2.16b (down 16% from FY 2022). Net income: US$44.5m (down 51% from FY 2022). Profit margin: 2.1% (down from 3.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 23Olympic Steel, Inc .Approves Regular First Quarter 2024 Cash Dividend, Payable on March 15, 2024Olympic Steel, Inc.approved a regular first quarter 2024 cash dividend of $0.15per share, which is an increase of $0.025per share from the Company’s last quarterly dividend of $0.125per share. This marks the third increase since 2022, cumulatively raising the quarterly dividend from $0.02per share to $0.15per share. The dividend is payable on March 15, 2024 to shareholders on record as of March 4, 2024. The Company expects to maintain the quarterly dividend of $0.15per share on a regular basis, subject to Board approval. The Company has paid a regular quarterly dividend since March 2006.공시 • Jan 25Olympic Steel, Inc. to Report Q4, 2023 Results on Feb 22, 2024Olympic Steel, Inc. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024Upcoming Dividend • Nov 23Upcoming dividend of US$0.13 per share at 0.9% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (8.4%).New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin).공시 • Nov 04Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on December 15, 2023The Board of Directors of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.125 per share, which is payable on December 15, 2023, to shareholders of record as of December 1, 2023. The Company has paid a regular quarterly dividend since March 2006.Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: US$1.06 (vs US$1.04 in 3Q 2022)Third quarter 2023 results: EPS: US$1.06 (up from US$1.04 in 3Q 2022). Revenue: US$526.4m (down 17% from 3Q 2022). Net income: US$12.2m (up 1.5% from 3Q 2022). Profit margin: 2.3% (up from 1.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 6.8% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 10Olympic Steel, Inc. Welcomes George R. Frost as Director of National Sales – AluminumOlympic Steel Inc. announced that George R. Frost has joined the Company in the role of Director of National Sales – Aluminum. Mr. Frost joins Olympic Steel with nearly two decades of metals industry experience, including several commercial and distribution roles of increasing responsibility with national mills. In his new role, he will support the growth of Olympic Steel’s Specialty Metals business segment with a focus on aluminum products and processing – a key element of the Company’s strategic growth plan. He will report directly to Andrew Wolfort, Vice President – Specialty Metals.공시 • Oct 05Olympic Steel, Inc. to Report Q3, 2023 Results on Nov 02, 2023Olympic Steel, Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023Upcoming Dividend • Aug 24Upcoming dividend of US$0.13 per share at 1.0% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (8.6%).Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: US$1.30 (vs US$3.26 in 2Q 2022)Second quarter 2023 results: EPS: US$1.30 (down from US$3.26 in 2Q 2022). Revenue: US$569.3m (down 20% from 2Q 2022). Net income: US$15.0m (down 60% from 2Q 2022). Profit margin: 2.6% (down from 5.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 8.9% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 05Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on September 15, 2023The Board of Directors of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.125 per share, which is payable on September 15, 2023, to shareholders of record on September 1, 2023. The Company has paid a regular quarterly dividend since March 2006.공시 • Aug 04Olympic Steel Announces Leadership ChangesOlympic Steel Inc. reported several recent leadership changes related to the Company's fabrication growth strategy. Fitzgerald has joined the Company in the newly created role of Vice President -Fabrication. In this role, Fitzgerald will lead the execution of Olympic Steel's fabrication strategy - a key element of the Company's growth strategy. He will specifically focus on strengthening the organization's fabrication-related commercial presence, facilitating operational standardization and implementing new technologies. He will report directly to Andrew Greiff, President and Chief Operating Officer. Fitzgerald brings more than 23 years of experience in new product development, global supply chain management, operations management and strategic planning, including in his most recent role as Global Category Procurement Manager for a leading international original equipment manufacturer (OEM). He earned his bachelor's andmaster's degrees in mechanical engineering from the University of South Carolina. He earned his Master of Business Administration from the Wake Forest University School of Business. In addition, Matthew Grussing has been appointed Director of Sales - Fabrication. Grussing has been named Director of Sales - Fabrication. Grussing will report directly to Fitzgerald in this newly created role and focus on developing and implementing strategies to grow the Company's fabrication business. Grussing joined Olympic Steel in 2010 as an Inside Sales Representative. In his more than 13 years with the Company, he has held commercial roles of increasing responsibility, most recently serving as General Manager for the Company's Minneapolis Plate facility.공시 • Jul 12Olympic Steel, Inc. to Report Q2, 2023 Results on Aug 03, 2023Olympic Steel, Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023공시 • Jul 08Olympic Steel Inc Announces Executive ChangesOlympic Steel Inc. announced several recent leadership changes. Michael Heenan has been named to the role of General Manager for Olympic Steel’s Gary, Indiana, temper mill processing and distribution facility. Mr. Heenan joined the Company in 2010 as an Inside Sales Representative. Throughout his career, he has excelled in positions of increasing commercial responsibility. Most recently, Mr. Heenan served as Regional Sales Manager for the Company’s Gary, Indiana, and Schaumburg and Bartlett, Illinois, Specialty Metals operations. Mr. Heenan is a graduate of Eastern Illinois University where he earned a bachelor’s degree in business and marketing. Gerald “Jerry” Gideon has been named Commercial Director for Olympic Steel’s Specialty Metals business segment. Mr. Gideon joined the Company in a commercial leadership role in 2010 as part of the acquisition of Olympic Steel’s Integrity Stainless subsidiary. In 2014, he assumed the role of General Manager for the Integrity Stainless facility in Streetsboro, Ohio. Mr. Gideon received his bachelor’s degree from the University of Illinois Champaign – Urbana. He serves on the Board of Directors for the Metals Service Center Institute Northern Ohio Division and previously served as President for the organization. He also serves as a member of the ORT Board of Directors. Richard Ranells has been named General Manager for the Company’s processing facility in Latrobe, Pennsylvania, one of two locations that support Olympic Steel’s Integrity Stainless subsidiary. Mr. Ranells joined the Company in a commercial role in 2010 as part of the Integrity Stainless acquisition. Over time, his responsibility and scope of work have expanded to encompass the roles of Inside Sales Manager, Outside Sales Manager, and most recently, Director of Sales for both Integrity Stainless locations. Mr. Ranells earned his bachelor’s degree in business administration from Cleveland State University. Scott Silverman has been named General Manager for the Company’s processing facility in Streetsboro, Ohio, one of two locations that support Olympic Steel’s Integrity Stainless subsidiary. Mr. Silverman joined Olympic Steel in 2022 as Director of Operations for Integrity Stainless. Mr. Silverman graduated from Lehigh University with a bachelor’s degree in history and psychology. He also graduated cum laude from New York Law School. Prior to joining Olympic Steel, Mr. Silverman was a practicing corporate and securities attorney before becoming in-house counsel for Deutsche Bank, and, later, an advisor in the insurance industry specializing in business and legal consulting. All of the individuals moving into new roles will report directly to Andrew Wolfort, Olympic Steel’s Vice President – Specialty Metals.Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €45.20, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 337% over the past three years.Upcoming Dividend • May 24Upcoming dividend of US$0.13 per share at 1.1% yieldEligible shareholders must have bought the stock before 31 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 7.2% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (9.0%).공시 • May 06Olympic Steel, Inc. Approves Quarterly Cash Dividend, Payable on June 15, 2023Olympic Steel, Inc. of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.125 per share, which is payable on June 15, 2023, to shareholders of record on June 1, 2023. The Company has paid a regular quarterly dividend since March 2006.Reported Earnings • May 05First quarter 2023 earnings released: EPS: US$0.85 (vs US$3.23 in 1Q 2022)First quarter 2023 results: EPS: US$0.85 (down from US$3.23 in 1Q 2022). Revenue: US$573.1m (down 18% from 1Q 2022). Net income: US$9.87m (down 74% from 1Q 2022). Profit margin: 1.7% (down from 5.4% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 5.1% p.a. on average during the next 2 years compared to a 1.0% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 70% per year whereas the company’s share price has increased by 73% per year.Recent Insider Transactions • Mar 07Executive Chairman recently sold €5.3m worth of stockOn the 3rd of March, Michael Siegal sold around 100k shares on-market at roughly €52.94 per share. This transaction amounted to 8.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €51.50, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 366% over the past three years.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: US$7.87 (vs US$10.53 in FY 2021)Full year 2022 results: EPS: US$7.87 (down from US$10.53 in FY 2021). Revenue: US$2.56b (up 11% from FY 2021). Net income: US$90.9m (down 25% from FY 2021). Profit margin: 3.6% (down from 5.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Feb 21Upcoming dividend of US$0.13 per share at 0.7% yieldEligible shareholders must have bought the stock before 28 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 3.0% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (8.4%).공시 • Feb 16Olympic Steel, Inc. Declares Quarterly Cash Dividend, Payable on March 15, 2023Olympic Steel, Inc. announced that the Company’s Board of Directors approved a regular quarterly cash dividend of $0.125 per share, which is an increase of $0.035 per share from the Company’s last quarterly dividend of $0.09 per share. The dividend is payable on March 15, 2023, to shareholders of record on March 1, 2023.공시 • Jan 25Olympic Steel, Inc. to Report Q4, 2022 Results on Feb 23, 2023Olympic Steel, Inc. announced that they will report Q4, 2022 results After-Market on Feb 23, 2023Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to €35.80, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 156% over the past three years.공시 • Jan 11Olympic Steel Announces Executive PromotionsOlympic Steel Inc. announced the promotions of Lisa K. Christen to Treasurer and Kevin M. Eldridge to Corporate Controller. Ms. Christen is a Certified Public Accountant in the state of Ohio. She joined Olympic Steel in 1999 as a Tax Accountant and has since progressed through roles of increasing responsibility within the Finance and Accounting Department, most recently serving as Corporate Controller and Treasurer. Ms. Christen earned both her bachelor’s degree in accounting and her Master of Business Administration from Kent State University. She is a member of the American Institute of Certified Public Accountants and the Ohio Society of Certified Public Accountants. She also serves as Treasurer on the Board of Seton Catholic School and as a Finance Committee member for Walsh Jesuit High School. Mr. Eldridge joined Olympic Steel in 2011, quickly advancing in roles within the Corporate Accounting Department, including in his most recent position as Corporate Accounting Manager. Mr. Eldridge earned his bachelor’s degree in accounting from Miami University and his master’s degree in accounting from Kent State University.공시 • Jan 05Olympic Steel, Inc. (NasdaqGS:ZEUS) acquired Metal-Fab, Inc. from Janet A. Shannon and Kenneth F. Shannon for approximately $130 million.Olympic Steel, Inc. (NasdaqGS:ZEUS) acquired Metal-Fab, Inc. from Janet A. Shannon and Kenneth F. Shannon for approximately $130 million on January 3, 2023. Under the terms of the agreement, the total purchase price includes $131 million in cash plus estimated closing cash of $0.2 million. if Closing Cash exceeds Estimated Closing Cash, then the Purchase Price will be increased by the amount of such excess and if Closing Cash is less than the Estimated Closing Cash, then the Purchase Price will be decreased by the amount of such deficit. $0.5 million is kept as Escrow amount for the Escrow agent, Computershare Trust Company for performing its services pursuant to the Escrow Agreement. The purchase price was funded through the existing revolving credit facility. Metal-Fab will continue to operate as Metal-Fab, an Olympic Steel company, led by Mark Ohm, President, Metal-Fab and his experienced management team. Hennepin Partners LLC acted as financial advisor to Janet A. Shannon and Kenneth F. Shannon and Copper Run Capital LLC acted as financial advisor to Olympic Steel. Matthew J. Miller of Katz Teller Brant & Hild acted as legal advisor to Metal-Fab and Matthew A. Heinle of Brennan Manna & Diamond LLC acted as legal advisor to Olympic Steel. Olympic Steel, Inc. (NasdaqGS:ZEUS) completed the acquisition of Metal-Fab, Inc. from Janet A. Shannon and Kenneth F. Shannon on January 3, 2023.Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Rich Stovsky was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Nov 23Upcoming dividend of US$0.09 per shareEligible shareholders must have bought the stock before 30 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 3.0% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (9.0%).Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$1.04 (vs US$3.88 in 3Q 2021)Third quarter 2022 results: EPS: US$1.04 (down from US$3.88 in 3Q 2021). Revenue: US$634.4m (down 5.1% from 3Q 2021). Net income: US$12.0m (down 73% from 3Q 2021). Profit margin: 1.9% (down from 6.7% in 3Q 2021). Revenue is expected to fall by 21% p.a. on average during the next 2 years compared to a 3.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.공시 • Nov 04Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on December 15, 2022The Board of Directors of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.09 per share, which is payable on December 15, 2022, to shareholders of record on December 1, 2022. The company has paid a regular quarterly dividend since March 2006.공시 • Oct 05Olympic Steel, Inc. to Report Q3, 2022 Results on Nov 03, 2022Olympic Steel, Inc. announced that they will report Q3, 2022 results After-Market on Nov 03, 2022Upcoming Dividend • Aug 24Upcoming dividend of US$0.09 per shareEligible shareholders must have bought the stock before 31 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 1.8% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (9.4%).Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$3.26 (vs US$2.58 in 2Q 2021)Second quarter 2022 results: EPS: US$3.26 (up from US$2.58 in 2Q 2021). Revenue: US$709.2m (up 28% from 2Q 2021). Net income: US$37.6m (up 27% from 2Q 2021). Profit margin: 5.3% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 16% compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.공시 • Jul 06Olympic Steel, Inc. to Report Q2, 2022 Results on Aug 04, 2022Olympic Steel, Inc. announced that they will report Q2, 2022 results After-Market on Aug 04, 2022Recent Insider Transactions • Jun 09Director recently sold €426k worth of stockOn the 7th of June, David Wolfort sold around 13k shares on-market at roughly €33.61 per share. In the last 3 months, they made an even bigger sale worth €1.3m. Insiders have been net sellers, collectively disposing of €6.8m more than they bought in the last 12 months.Upcoming Dividend • May 24Upcoming dividend of US$0.09 per shareEligible shareholders must have bought the stock before 31 May 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 1.3% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (7.6%).Recent Insider Transactions • May 12Director recently sold €172k worth of stockOn the 10th of May, David Wolfort sold around 6k shares on-market at roughly €29.77 per share. In the last 3 months, they made an even bigger sale worth €1.8m. Insiders have been net sellers, collectively disposing of €4.1m more than they bought in the last 12 months.이익 및 매출 성장 예측DB:OYS - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20261,950N/A29N/A112/31/20251,891N/A67N/A19/30/20251,899144274N/A6/30/20251,8781470104N/A3/31/20251,908175286N/A12/31/20241,94223434N/A9/30/20242,012264973N/A6/30/20242,069367190N/A3/31/20242,11243101120N/A12/31/20232,15845154175N/A9/30/20232,18941183209N/A6/30/20232,29741192217N/A3/31/20232,43764198223N/A12/31/20222,56091166186N/A9/30/20222,6651126279N/A6/30/20222,699144-19-3N/A3/31/20222,545136-117-106N/A12/31/20212,312121-157-146N/A9/30/20212,01998-104-94N/A6/30/20211,65152-46-38N/A3/31/20211,343164048N/A12/31/20201,234-65262N/A9/30/20201,222-84859N/A6/30/20201,307-66981N/A3/31/20201,4882107119N/A12/31/20191,5794119130N/A9/30/20191,689399112N/A6/30/20191,76214N/A64N/A3/31/20191,78528N/A-8N/A12/31/20181,71534N/A-51N/A9/30/20181,59439N/A-36N/A6/30/20181,46830N/A-42N/A3/31/20181,37119N/A-37N/A12/31/20171,33119N/A-19N/A9/30/20171,27713N/A-47N/A6/30/20171,2149N/A-59N/A3/31/20171,1327N/A-38N/A12/31/20161,055-1N/A-10N/A9/30/20161,038-4N/A28N/A6/30/20161,046-3N/A73N/A3/31/20161,088-29N/A96N/A12/31/20151,176-27N/A107N/A9/30/20151,265-49N/A89N/A6/30/20151,364-47N/A35N/A3/31/20151,435-21N/A3N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: OYS 의 예상 수익 증가율이 절약률(1.7%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: OYS 의 수익이 German 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: OYS 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: OYS 의 수익(연간 2.4%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: OYS 의 수익(연간 2.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: OYS의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/02/14 23:50종가2026/02/12 00:00수익2025/09/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Olympic Steel, Inc.는 8명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Sohail TharaniGoldman SachsMartin EnglertJefferies LLCPhilip GibbsKeyBanc Capital Markets Inc.5명의 분석가 더 보기
공시 • Feb 14+ 1 more updateRyerson Holding Corporation (NYSE:RYI) completed the acquisition of Olympic Steel, Inc. (NasdaqGS:ZEUS) from group of shareholders.Ryerson Holding Corporation (NYSE:RYI) entered into a definitive agreement to acquire Olympic Steel, Inc. (NasdaqGS:ZEUS) from group of shareholders for approximately $470 million on October 28, 2025. Under the terms of the merger agreement, Olympic Steel shareholders will receive 1.7105 Ryerson shares of common stock for every Olympic Steel share of common stock owned and will own approximately 37% of the combined company. If the merger agreement is terminated due to Ryerson’s board of directors changing or withdrawing its recommendation in connection with the merger, or due to Ryerson committing a willful and material breach of its non-solicitation obligations, Ryerson will be required to pay to the Olympic Steel $15 million. If the Merger Agreement is terminated due to the board of Olympic Steel changing its recommendation in connection with the merger, or due to Olympic Steel committing a willful and material breach of its non-solicitation obligations, then the Olympic Steel will be required to pay Ryerson $15 million. As part of the transaction, Michael D. Siegal, Executive Chairman of Olympic Steel's Board of Directors, will be appointed chairman of the Board of Directors ("Board") of the combined company, and Olympic Steel will also appoint three other mutually satisfactory directors to the combined 11-member Board. Eddie Lehner, President and Chief Executive Officer ("CEO") of Ryerson, will serve as CEO of the combined company, with Richard T. Marabito, CEO of Olympic Steel, serving as President and Chief Operating Officer. Following the completion of transaction, shares of Olympic Steel will cease trading on February 13, 2026, and following the closing, Olympic Steel will no longer be listed on the NASDAQ exchange. Olympic Steel will merge with Ryerson on the terms set forth in the merger agreement and Olympic Steel shareholders will be entitled to receive 1.7105 shares of Ryerson common stock per share of Olympic Steel common stock. The board of directors of the Olympic Steel has unanimously approved the transaction. The transaction is subject to the satisfaction or waiver of customary and other closing conditions, (a) the adoption of the Merger Agreement by (i) a majority of the Olympic Steel shareholders and (ii) a majority of the stockholders of Ryerson; (b) the common stock of Ryerson issuable in connection with the Merger having been approved for listing on the New York Stock Exchange; (c) the absence of any laws or orders in any jurisdiction in which Ryerson or the Company has material assets or material business operations prohibiting the consummation of the Merger; (d) Ryerson’s registration statement on Form S-4 having become effective under the Securities Act of 1933; (e) the expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The transaction is expected to close in the early of 2026. The merger is expected to be immediately accretive to shareholders of the combined entity and is expected to result in a reduced pro-forma leverage ratio of less than three times, assuming partial credit for synergies. As of February 5, 2026, Ryerson believes giving effect to the potential addition of Olympic for the last six weeks of the quarter would increase revenue by an estimated $260 to $280 million and add an estimated incremental $12 to $13 million in Adjusted EBITDA, excluding LIFO for a total Q1 adjusted EBITDA ex-LIFO in the range of $63 to $67 million on a combined $1.52 to $1.58 billion in total revenue. On February 12, 2026, it was announced that the transaction is subject to the satisfaction of the remaining customary closing conditions and is expected to close on February 13, 2026. J.P. Morgan Securities LLC acted as financial advisor, fairness opinion provider to Ryerson Holding Corporation and will receive a fee of $3 million for opinion rendered and $5 million for advisory services. Christopher M. Kelly, Michael J. Solecki, Benjamin L. Stulberg and Jared P. Hasson of Jones Day acted as legal advisor to Olympic Steel, Inc. Cristopher Greer, Adam M. Turteltaub, Brian E. Hamilton, Thomas G. Sharkey of Willkie Farr & Gallagher LLP acted as legal advisor to Ryerson Holding Corporation. KeyBanc Capital Markets Inc. acted as financial advisor, fairness opinion provider to Olympic Steel, Inc and will receive a fee of $1 million for opinion rendered and $6.5 million for advisory services. Houlihan Lokey, Inc. acted as financial advisor and fairness opinion provider to Olympic Steel, Inc. MacKenzie Partners, Inc acted as proxy solicitor to Ryerson Holding and Olympic Steel and will receive a fee of $0.0175 million. Equiniti Trust Company, LLC acted as transfer agent to Ryerson Holding. Computershare Trust Company, National Association acted as transfer agent to Olympic Steel. Ryerson Holding Corporation (NYSE:RYI) completed the acquisition of Olympic Steel, Inc. (NasdaqGS:ZEUS) from group of shareholders on February 13, 2026. Upon completion of the transaction Ryerson Holding Corporation will trade under the ticker RYZ.
공시 • Feb 13+ 21 more updatesOlympic Steel, Inc.(NasdaqGS:ZEUS) dropped from Russell 2000 Dynamic IndexOlympic Steel, Inc.(NasdaqGS:ZEUS) dropped from Russell 2000 Dynamic Index
공시 • Oct 29+ 2 more updatesRyerson and Olympic Steel Announce Executive ChangesRyerson Holding Corporation and Olympic Steel, Inc. announced that they have entered into a definitive agreement to merge. Michael D. Siegal, Executive Chairman of Olympic Steel's Board of Directors, will be appointed chairman of the Board of Directors ("Board") of the combined company, and Olympic Steel will also appoint three other mutually satisfactory directors to the combined 11-member Board. Eddie Lehner, President and Chief Executive Officer ("CEO") of Ryerson, will serve as CEO of the combined company, with Richard T. Marabito, CEO of Olympic Steel, serving as President and Chief Operating Officer.
공시 • Sep 30Olympic Steel, Inc. to Report Q3, 2025 Results on Oct 30, 2025Olympic Steel, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025
공시 • Aug 01Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on September 15, 2025Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.16 per share, which is payable on September 15, 2025, to shareholders of record on September 2, 2025. The Company has paid a regular quarterly dividend since March 2006, increasing the dividend in each of the last three years.
공시 • Jul 02Olympic Steel, Inc. to Report Q2, 2025 Results on Jul 31, 2025Olympic Steel, Inc. announced that they will report Q2, 2025 results on Jul 31, 2025
공시 • Jun 30+ 1 more updateOlympic Steel, Inc.(NasdaqGS:ZEUS) dropped from Russell 2000 Value-Defensive IndexOlympic Steel, Inc.(NasdaqGS:ZEUS) dropped from Russell 2000 Value-Defensive Index
공시 • May 06Olympic Steel, Inc. Announces Board ChangesOlympic Steel Inc. announced that Peter J. Scott was elected to its board of directors at the company’s Annual Meeting on May 2. Long-time director Michael G. Rippey has retired from the Board after 10 years of service. Mr. Scott founded Headwall Partners, an independent investment banking firm focused on the metals and mining industries, in 2016. He currently serves as the Managing Partner. Mr. Scott previously served as Managing Director and Americas Head of Industrials, Global Head of Steel & Metals and Americas Head of Mining for Jefferies Group LLC. He also previously served as Executive Director and Americas Head of Metals at Morgan Stanley. Mr. Rippey joined Olympic Steel’s Board in 2015. During his tenure, he served on the Nominating and Governance Committee and as Chairman of the Audit and Compliance Committee.
공시 • May 02Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on June 16, 2025The Board of Directors of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.16 per share, which is payable on June 16, 2025, to shareholders of record on June 2, 2025. The company has paid regular dividends dating back to 2006.
공시 • Apr 02Olympic Steel, Inc. to Report Q1, 2025 Results on May 01, 2025Olympic Steel, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025
공시 • Mar 31Olympic Steel, Inc., Annual General Meeting, May 02, 2025Olympic Steel, Inc., Annual General Meeting, May 02, 2025. Location: meetnow.global/mpwvzu9, United States
공시 • Feb 21Olympic Steel, Inc. Approves Quarterly Cash Dividend, Payable on March 17, 2025Olympic Steel, Inc. announced that the Board of Directors approved a regular quarterly cash dividend of $0.16 per share, which is an increase from the Company’s last quarterly dividend of $0.15 per share. This marks the fourth increase since 2022, cumulatively raising the quarterly dividend from $0.02 per share to $0.16 per share. The dividend is payable on March 17, 2025, to shareholders of record as of March 3, 2025.
공시 • Jan 21Olympic Steel, Inc. to Report Q4, 2024 Results on Feb 20, 2025Olympic Steel, Inc. announced that they will report Q4, 2024 results After-Market on Feb 20, 2025
Board Change • Dec 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Independent Director Rich Stovsky was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Nov 13Olympic Steel, Inc. (NasdaqGS:ZEUS) acquired Metalworks LLC.Olympic Steel, Inc. (NasdaqGS:ZEUS) acquired Metalworks LLC on November 11, 2024. A cash consideration will be paid by Olympic Steel, Inc. The business, will continue to operate as Metal Works, led by President Ben Houston and his management team, the all-cash purchase is expected to be immediately accretive for Olympic Steel, Inc. (NasdaqGS:ZEUS). Olympic Steel, Inc. (NasdaqGS:ZEUS) completed the acquisition of Metalworks LLC on November 11, 2024.
Declared Dividend • Nov 12Third quarter dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 2nd December 2024 Payment date: 16th December 2024 Dividend yield will be 1.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next year, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €38.80, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 80% over the past three years.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.23 (vs US$1.06 in 3Q 2023)Third quarter 2024 results: EPS: US$0.23 (down from US$1.06 in 3Q 2023). Revenue: US$470.0m (down 11% from 3Q 2023). Net income: US$2.73m (down 78% from 3Q 2023). Profit margin: 0.6% (down from 2.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Nov 01Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable December 16, 2024Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.15 per share, which is payable on December 16, 2024, to shareholders of record as of December 2, 2024. The Company has paid a regular quarterly dividend since March 2006.
공시 • Oct 04Olympic Steel, Inc. to Report Q3, 2024 Results on Oct 31, 2024Olympic Steel, Inc. announced that they will report Q3, 2024 results After-Market on Oct 31, 2024
Upcoming Dividend • Aug 26Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 30 August 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.2%).
Declared Dividend • Aug 12Second quarter dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 30th August 2024 Payment date: 16th September 2024 Dividend yield will be 1.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 8.4% over the next year. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range.
New Risk • Aug 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change).
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$0.66 (vs US$1.30 in 2Q 2023)Second quarter 2024 results: EPS: US$0.66 (down from US$1.30 in 2Q 2023). Revenue: US$526.3m (down 7.6% from 2Q 2023). Net income: US$7.66m (down 49% from 2Q 2023). Profit margin: 1.5% (down from 2.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
공시 • Aug 02Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on September 16, 2024The Board of Directors of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.15 per share, which is payable on September 16, 2024, to shareholders of record on September 2, 2024. The Company has paid a regular quarterly dividend since March 2006, increasing the dividend in each of the last three years.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €44.80, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 89% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €21.95 per share.
공시 • Jul 04Olympic Steel, Inc. to Report Q2, 2024 Results on Aug 01, 2024Olympic Steel, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024
Upcoming Dividend • May 27Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%).
Declared Dividend • May 13First quarter dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 3rd June 2024 Payment date: 17th June 2024 Dividend yield will be 1.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 11% over the next year. However, it would need to fall by 84% to increase the payout ratio to a potentially unsustainable range.
Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €49.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.91 per share.
New Risk • May 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • May 03First quarter 2024 earnings released: EPS: US$0.75 (vs US$0.85 in 1Q 2023)First quarter 2024 results: EPS: US$0.75 (down from US$0.85 in 1Q 2023). Revenue: US$526.6m (down 8.1% from 1Q 2023). Net income: US$8.70m (down 12% from 1Q 2023). Profit margin: 1.7% (in line with 1Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 1.6% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
공시 • May 03Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on June 17, 2024Olympic Steel, Inc. announced that the Board of Directors approved a regular quarterly cash dividend of $0.15 per share, which is payable on June 17, 2024, to shareholders of record on June 3, 2024.
공시 • Apr 04Olympic Steel, Inc. to Report Q1, 2024 Results on May 02, 2024Olympic Steel, Inc. announced that they will report Q1, 2024 results After-Market on May 02, 2024
공시 • Mar 30Olympic Steel, Inc., Annual General Meeting, May 03, 2024Olympic Steel, Inc., Annual General Meeting, May 03, 2024, at 11:00 US Eastern Standard Time. Agenda: To consider and elect the Directors to the class whose two-year term will expire in 2026; and to consider the selection of Grant Thornton LLP as the company's independent auditors for the year ending December 31, 2024; to consider and approve the executive officer compensation; and to consider the other business matters.
New Risk • Mar 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (2.1% net profit margin).
Reported Earnings • Feb 23Full year 2023 earnings released: EPS: US$3.85 (vs US$7.87 in FY 2022)Full year 2023 results: EPS: US$3.85 (down from US$7.87 in FY 2022). Revenue: US$2.16b (down 16% from FY 2022). Net income: US$44.5m (down 51% from FY 2022). Profit margin: 2.1% (down from 3.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 23Olympic Steel, Inc .Approves Regular First Quarter 2024 Cash Dividend, Payable on March 15, 2024Olympic Steel, Inc.approved a regular first quarter 2024 cash dividend of $0.15per share, which is an increase of $0.025per share from the Company’s last quarterly dividend of $0.125per share. This marks the third increase since 2022, cumulatively raising the quarterly dividend from $0.02per share to $0.15per share. The dividend is payable on March 15, 2024 to shareholders on record as of March 4, 2024. The Company expects to maintain the quarterly dividend of $0.15per share on a regular basis, subject to Board approval. The Company has paid a regular quarterly dividend since March 2006.
공시 • Jan 25Olympic Steel, Inc. to Report Q4, 2023 Results on Feb 22, 2024Olympic Steel, Inc. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024
Upcoming Dividend • Nov 23Upcoming dividend of US$0.13 per share at 0.9% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (8.4%).
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin).
공시 • Nov 04Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on December 15, 2023The Board of Directors of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.125 per share, which is payable on December 15, 2023, to shareholders of record as of December 1, 2023. The Company has paid a regular quarterly dividend since March 2006.
Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: US$1.06 (vs US$1.04 in 3Q 2022)Third quarter 2023 results: EPS: US$1.06 (up from US$1.04 in 3Q 2022). Revenue: US$526.4m (down 17% from 3Q 2022). Net income: US$12.2m (up 1.5% from 3Q 2022). Profit margin: 2.3% (up from 1.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 6.8% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 10Olympic Steel, Inc. Welcomes George R. Frost as Director of National Sales – AluminumOlympic Steel Inc. announced that George R. Frost has joined the Company in the role of Director of National Sales – Aluminum. Mr. Frost joins Olympic Steel with nearly two decades of metals industry experience, including several commercial and distribution roles of increasing responsibility with national mills. In his new role, he will support the growth of Olympic Steel’s Specialty Metals business segment with a focus on aluminum products and processing – a key element of the Company’s strategic growth plan. He will report directly to Andrew Wolfort, Vice President – Specialty Metals.
공시 • Oct 05Olympic Steel, Inc. to Report Q3, 2023 Results on Nov 02, 2023Olympic Steel, Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023
Upcoming Dividend • Aug 24Upcoming dividend of US$0.13 per share at 1.0% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (8.6%).
Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: US$1.30 (vs US$3.26 in 2Q 2022)Second quarter 2023 results: EPS: US$1.30 (down from US$3.26 in 2Q 2022). Revenue: US$569.3m (down 20% from 2Q 2022). Net income: US$15.0m (down 60% from 2Q 2022). Profit margin: 2.6% (down from 5.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 8.9% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 05Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on September 15, 2023The Board of Directors of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.125 per share, which is payable on September 15, 2023, to shareholders of record on September 1, 2023. The Company has paid a regular quarterly dividend since March 2006.
공시 • Aug 04Olympic Steel Announces Leadership ChangesOlympic Steel Inc. reported several recent leadership changes related to the Company's fabrication growth strategy. Fitzgerald has joined the Company in the newly created role of Vice President -Fabrication. In this role, Fitzgerald will lead the execution of Olympic Steel's fabrication strategy - a key element of the Company's growth strategy. He will specifically focus on strengthening the organization's fabrication-related commercial presence, facilitating operational standardization and implementing new technologies. He will report directly to Andrew Greiff, President and Chief Operating Officer. Fitzgerald brings more than 23 years of experience in new product development, global supply chain management, operations management and strategic planning, including in his most recent role as Global Category Procurement Manager for a leading international original equipment manufacturer (OEM). He earned his bachelor's andmaster's degrees in mechanical engineering from the University of South Carolina. He earned his Master of Business Administration from the Wake Forest University School of Business. In addition, Matthew Grussing has been appointed Director of Sales - Fabrication. Grussing has been named Director of Sales - Fabrication. Grussing will report directly to Fitzgerald in this newly created role and focus on developing and implementing strategies to grow the Company's fabrication business. Grussing joined Olympic Steel in 2010 as an Inside Sales Representative. In his more than 13 years with the Company, he has held commercial roles of increasing responsibility, most recently serving as General Manager for the Company's Minneapolis Plate facility.
공시 • Jul 12Olympic Steel, Inc. to Report Q2, 2023 Results on Aug 03, 2023Olympic Steel, Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023
공시 • Jul 08Olympic Steel Inc Announces Executive ChangesOlympic Steel Inc. announced several recent leadership changes. Michael Heenan has been named to the role of General Manager for Olympic Steel’s Gary, Indiana, temper mill processing and distribution facility. Mr. Heenan joined the Company in 2010 as an Inside Sales Representative. Throughout his career, he has excelled in positions of increasing commercial responsibility. Most recently, Mr. Heenan served as Regional Sales Manager for the Company’s Gary, Indiana, and Schaumburg and Bartlett, Illinois, Specialty Metals operations. Mr. Heenan is a graduate of Eastern Illinois University where he earned a bachelor’s degree in business and marketing. Gerald “Jerry” Gideon has been named Commercial Director for Olympic Steel’s Specialty Metals business segment. Mr. Gideon joined the Company in a commercial leadership role in 2010 as part of the acquisition of Olympic Steel’s Integrity Stainless subsidiary. In 2014, he assumed the role of General Manager for the Integrity Stainless facility in Streetsboro, Ohio. Mr. Gideon received his bachelor’s degree from the University of Illinois Champaign – Urbana. He serves on the Board of Directors for the Metals Service Center Institute Northern Ohio Division and previously served as President for the organization. He also serves as a member of the ORT Board of Directors. Richard Ranells has been named General Manager for the Company’s processing facility in Latrobe, Pennsylvania, one of two locations that support Olympic Steel’s Integrity Stainless subsidiary. Mr. Ranells joined the Company in a commercial role in 2010 as part of the Integrity Stainless acquisition. Over time, his responsibility and scope of work have expanded to encompass the roles of Inside Sales Manager, Outside Sales Manager, and most recently, Director of Sales for both Integrity Stainless locations. Mr. Ranells earned his bachelor’s degree in business administration from Cleveland State University. Scott Silverman has been named General Manager for the Company’s processing facility in Streetsboro, Ohio, one of two locations that support Olympic Steel’s Integrity Stainless subsidiary. Mr. Silverman joined Olympic Steel in 2022 as Director of Operations for Integrity Stainless. Mr. Silverman graduated from Lehigh University with a bachelor’s degree in history and psychology. He also graduated cum laude from New York Law School. Prior to joining Olympic Steel, Mr. Silverman was a practicing corporate and securities attorney before becoming in-house counsel for Deutsche Bank, and, later, an advisor in the insurance industry specializing in business and legal consulting. All of the individuals moving into new roles will report directly to Andrew Wolfort, Olympic Steel’s Vice President – Specialty Metals.
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €45.20, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 337% over the past three years.
Upcoming Dividend • May 24Upcoming dividend of US$0.13 per share at 1.1% yieldEligible shareholders must have bought the stock before 31 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 7.2% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (9.0%).
공시 • May 06Olympic Steel, Inc. Approves Quarterly Cash Dividend, Payable on June 15, 2023Olympic Steel, Inc. of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.125 per share, which is payable on June 15, 2023, to shareholders of record on June 1, 2023. The Company has paid a regular quarterly dividend since March 2006.
Reported Earnings • May 05First quarter 2023 earnings released: EPS: US$0.85 (vs US$3.23 in 1Q 2022)First quarter 2023 results: EPS: US$0.85 (down from US$3.23 in 1Q 2022). Revenue: US$573.1m (down 18% from 1Q 2022). Net income: US$9.87m (down 74% from 1Q 2022). Profit margin: 1.7% (down from 5.4% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 5.1% p.a. on average during the next 2 years compared to a 1.0% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 70% per year whereas the company’s share price has increased by 73% per year.
Recent Insider Transactions • Mar 07Executive Chairman recently sold €5.3m worth of stockOn the 3rd of March, Michael Siegal sold around 100k shares on-market at roughly €52.94 per share. This transaction amounted to 8.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €51.50, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 366% over the past three years.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: US$7.87 (vs US$10.53 in FY 2021)Full year 2022 results: EPS: US$7.87 (down from US$10.53 in FY 2021). Revenue: US$2.56b (up 11% from FY 2021). Net income: US$90.9m (down 25% from FY 2021). Profit margin: 3.6% (down from 5.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Feb 21Upcoming dividend of US$0.13 per share at 0.7% yieldEligible shareholders must have bought the stock before 28 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 3.0% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (8.4%).
공시 • Feb 16Olympic Steel, Inc. Declares Quarterly Cash Dividend, Payable on March 15, 2023Olympic Steel, Inc. announced that the Company’s Board of Directors approved a regular quarterly cash dividend of $0.125 per share, which is an increase of $0.035 per share from the Company’s last quarterly dividend of $0.09 per share. The dividend is payable on March 15, 2023, to shareholders of record on March 1, 2023.
공시 • Jan 25Olympic Steel, Inc. to Report Q4, 2022 Results on Feb 23, 2023Olympic Steel, Inc. announced that they will report Q4, 2022 results After-Market on Feb 23, 2023
Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to €35.80, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 156% over the past three years.
공시 • Jan 11Olympic Steel Announces Executive PromotionsOlympic Steel Inc. announced the promotions of Lisa K. Christen to Treasurer and Kevin M. Eldridge to Corporate Controller. Ms. Christen is a Certified Public Accountant in the state of Ohio. She joined Olympic Steel in 1999 as a Tax Accountant and has since progressed through roles of increasing responsibility within the Finance and Accounting Department, most recently serving as Corporate Controller and Treasurer. Ms. Christen earned both her bachelor’s degree in accounting and her Master of Business Administration from Kent State University. She is a member of the American Institute of Certified Public Accountants and the Ohio Society of Certified Public Accountants. She also serves as Treasurer on the Board of Seton Catholic School and as a Finance Committee member for Walsh Jesuit High School. Mr. Eldridge joined Olympic Steel in 2011, quickly advancing in roles within the Corporate Accounting Department, including in his most recent position as Corporate Accounting Manager. Mr. Eldridge earned his bachelor’s degree in accounting from Miami University and his master’s degree in accounting from Kent State University.
공시 • Jan 05Olympic Steel, Inc. (NasdaqGS:ZEUS) acquired Metal-Fab, Inc. from Janet A. Shannon and Kenneth F. Shannon for approximately $130 million.Olympic Steel, Inc. (NasdaqGS:ZEUS) acquired Metal-Fab, Inc. from Janet A. Shannon and Kenneth F. Shannon for approximately $130 million on January 3, 2023. Under the terms of the agreement, the total purchase price includes $131 million in cash plus estimated closing cash of $0.2 million. if Closing Cash exceeds Estimated Closing Cash, then the Purchase Price will be increased by the amount of such excess and if Closing Cash is less than the Estimated Closing Cash, then the Purchase Price will be decreased by the amount of such deficit. $0.5 million is kept as Escrow amount for the Escrow agent, Computershare Trust Company for performing its services pursuant to the Escrow Agreement. The purchase price was funded through the existing revolving credit facility. Metal-Fab will continue to operate as Metal-Fab, an Olympic Steel company, led by Mark Ohm, President, Metal-Fab and his experienced management team. Hennepin Partners LLC acted as financial advisor to Janet A. Shannon and Kenneth F. Shannon and Copper Run Capital LLC acted as financial advisor to Olympic Steel. Matthew J. Miller of Katz Teller Brant & Hild acted as legal advisor to Metal-Fab and Matthew A. Heinle of Brennan Manna & Diamond LLC acted as legal advisor to Olympic Steel. Olympic Steel, Inc. (NasdaqGS:ZEUS) completed the acquisition of Metal-Fab, Inc. from Janet A. Shannon and Kenneth F. Shannon on January 3, 2023.
Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Rich Stovsky was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Nov 23Upcoming dividend of US$0.09 per shareEligible shareholders must have bought the stock before 30 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 3.0% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (9.0%).
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$1.04 (vs US$3.88 in 3Q 2021)Third quarter 2022 results: EPS: US$1.04 (down from US$3.88 in 3Q 2021). Revenue: US$634.4m (down 5.1% from 3Q 2021). Net income: US$12.0m (down 73% from 3Q 2021). Profit margin: 1.9% (down from 6.7% in 3Q 2021). Revenue is expected to fall by 21% p.a. on average during the next 2 years compared to a 3.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
공시 • Nov 04Olympic Steel, Inc. Approves Regular Quarterly Cash Dividend, Payable on December 15, 2022The Board of Directors of Olympic Steel, Inc. approved a regular quarterly cash dividend of $0.09 per share, which is payable on December 15, 2022, to shareholders of record on December 1, 2022. The company has paid a regular quarterly dividend since March 2006.
공시 • Oct 05Olympic Steel, Inc. to Report Q3, 2022 Results on Nov 03, 2022Olympic Steel, Inc. announced that they will report Q3, 2022 results After-Market on Nov 03, 2022
Upcoming Dividend • Aug 24Upcoming dividend of US$0.09 per shareEligible shareholders must have bought the stock before 31 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 1.8% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (9.4%).
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$3.26 (vs US$2.58 in 2Q 2021)Second quarter 2022 results: EPS: US$3.26 (up from US$2.58 in 2Q 2021). Revenue: US$709.2m (up 28% from 2Q 2021). Net income: US$37.6m (up 27% from 2Q 2021). Profit margin: 5.3% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 16% compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
공시 • Jul 06Olympic Steel, Inc. to Report Q2, 2022 Results on Aug 04, 2022Olympic Steel, Inc. announced that they will report Q2, 2022 results After-Market on Aug 04, 2022
Recent Insider Transactions • Jun 09Director recently sold €426k worth of stockOn the 7th of June, David Wolfort sold around 13k shares on-market at roughly €33.61 per share. In the last 3 months, they made an even bigger sale worth €1.3m. Insiders have been net sellers, collectively disposing of €6.8m more than they bought in the last 12 months.
Upcoming Dividend • May 24Upcoming dividend of US$0.09 per shareEligible shareholders must have bought the stock before 31 May 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 1.3% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (7.6%).
Recent Insider Transactions • May 12Director recently sold €172k worth of stockOn the 10th of May, David Wolfort sold around 6k shares on-market at roughly €29.77 per share. In the last 3 months, they made an even bigger sale worth €1.8m. Insiders have been net sellers, collectively disposing of €4.1m more than they bought in the last 12 months.