National Steel (SID) to Release Earnings on Wednesday

National Steel (NYSE:SID) is expected to post its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect National Steel to announce earnings of ($0.1212) per share and revenue of $2.1464 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 13, 2026 at 8:00 AM ET.

National Steel (NYSE:SID) last issued its quarterly earnings data on Thursday, May 14th. The basic materials company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.13). 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 return on equity of 10.69% and a negative net margin of 3.92%. 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 1.3%

National Steel stock opened at $1.10 on Wednesday. The business has a fifty day moving average of $1.11 and a two-hundred day moving average of $1.37. The company has a quick ratio of 0.73, a current ratio of 1.11 and a debt-to-equity ratio of 2.60. The firm has a market cap of $1.47 billion, a P/E ratio of -4.60 and a beta of 1.58. National Steel has a twelve month low of $0.89 and a twelve month high of $2.20.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SID. Zacks Research raised National Steel from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of National Steel in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Sell” and a consensus target price of $1.40.

Institutional Inflows and Outflows

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

About National Steel

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.