Stock events for Olympic Steel, Inc. (ZEUS)
In the past six months, Olympic Steel released Q4 2024, Q1 2025, and Q2 2025 earnings, surpassing EPS expectations for Q2 2025. The company held its 2025 Annual Meeting of Shareholders and outlined a $35 million CapEx plan for 2025. KeyBanc lowered its price target on Olympic Steel to $38.00 from $40.00. Olympic Steel declared a $0.16 dividend around August 2025. As of October 20, 2025, the share price was $28.36, representing a decline of 27.97% from October 21, 2024.
Demand Seasonality affecting Olympic Steel, Inc.’s stock price
Demand for Olympic Steel, Inc.'s products and services exhibits seasonality. Expected earnings in the fourth quarter of 2024 were anticipated to decline due to lower average selling prices, decreasing volumes, and seasonality effects. The company experienced a 25% sequential increase in first-quarter 2025 volume. Business conditions for both stainless and aluminum products began to improve during the second quarter of 2025. Improved demand for data center work related to Pipe and Tube products is expected in the second half of 2025.
Overview of Olympic Steel, Inc.’s business
Olympic Steel, Inc. is a U.S.-based metals service center specializing in processing, distribution, and storage of metal products, operating in Carbon Flat Products, Specialty Metals Flat Products, and Tubular and Pipe Products. The company offers various metal products and provides value-added processing and fabrication services, serving diverse metal-consuming industries.
ZEUS’s Geographic footprint
Olympic Steel, Inc. primarily operates across North America, with a significant presence in the United States, Canada, and Mexico. The company operates out of 54 strategically located sales and warehouse locations and boasts a manufacturing footprint of over 4.4 million square feet.
ZEUS Corporate Image Assessment
Olympic Steel has a positive brand reputation, having been recognized as one of the best places to work and a multi-year recipient of the Northeast Ohio NorthCoast 99 Award. The company's consistent efforts in employee engagement and operational discipline contribute to its standing.
Ownership
Institutional shareholders collectively own 82.93% of Olympic Steel, Inc., while Olympic Steel insiders hold 14.24%, and retail investors account for 2.84%. Michael D. Siegal is the largest individual shareholder, owning 9.53% of the company. Major institutional owners include BlackRock, Inc., Dimensional Fund Advisors LP, and Vanguard Group Inc.
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$35.23
