Tomorrow the German Salzgitter will report its past quarters results. For this year Salzgitter's revenue will be around 7,55 billion euros. This is according to the average of the analysts' estimates. This is rather significant lower than 2018's revenue of 8,55 billion euros.
The analysts expect for 2020 a net loss of 138 million euros. The majority of the analysts expects for this year a loss per share of 2,47 euros. The price/earnings-ratio therefore equals -4,57.
Despite the expected loss the company will probably pay a dividend. For this year most of the analysts expect a dividend of 0,18 cents per share. Thus the dividend yield equals 1,59 percent. The average dividend yield of the industrial companies equals an attractive 5,73 percent.
Salzgitter's market capitalization is based on the number of outstanding shares around 611,19 million euros. The Salzgitter stock was the past 12 months quite volatile. Since last May the stock is 55 percent lower. This year the stock price moved between 8 and 27 euro. Since 2008 the stock price is almost 80 percent higher.
Click here for dividend . At 13.17 the stock trades 2,7 percent lower at 11,3 euros.
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