Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts. The Specialty Metals Flat Products segment sells and distributes processed aluminum and stainless flat-rolled sheets and coil products, flat bar products, and fabricated parts, as well as stainless steel and aluminum plates, sheets, angles, rounds, flat bars, tubing and pipe, and prime tin mill products. The Tubular and Pipe Products segment distributes metal tubing products, pipes, bars, valves and fittings, and fabricated pressure parts. The company also provides various processing services comprising cutting-to-length, slitting, flattening, sawing and shearing, and value-added processing of blanking, tempering, plate burning, laser cutting, precision machining, welding, fabricating, bending, beveling, polishing, kitting, and painting to process metals to specified lengths, widths, and shapes. It serves metal consuming industries, such as manufacturers and fabricators of transportation and material handling lift equipment, construction, mining and farm equipment, agriculture equipment, storage tanks, environmental and energy generation equipment, automobiles, food service and electrical equipment, and military vehicles and equipment, as well as general and plate fabricators, and metals service centers through direct sales force. Olympic Steel, Inc. was founded in 1954 and is based in Bedford Heights, Ohio.
IPO Year: 1994
Exchange: NASDAQ
Website: olysteel.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/22/2025 | $42.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
KeyBanc Capital Markets upgraded Olympic Steel from Sector Weight to Overweight and set a new price target of $42.00
4 - OLYMPIC STEEL INC (0000917470) (Issuer)
4 - OLYMPIC STEEL INC (0000917470) (Issuer)
4 - OLYMPIC STEEL INC (0000917470) (Issuer)
4 - OLYMPIC STEEL INC (0000917470) (Issuer)
4 - OLYMPIC STEEL INC (0000917470) (Issuer)
4 - OLYMPIC STEEL INC (0000917470) (Issuer)
4 - OLYMPIC STEEL INC (0000917470) (Issuer)
4 - OLYMPIC STEEL INC (0000917470) (Issuer)
4 - OLYMPIC STEEL INC (0000917470) (Issuer)
4 - OLYMPIC STEEL INC (0000917470) (Issuer)
SCHEDULE 13G/A - OLYMPIC STEEL INC (0000917470) (Subject)
8-K - OLYMPIC STEEL INC (0000917470) (Filer)
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8-K - OLYMPIC STEEL INC (0000917470) (Filer)
10-Q - OLYMPIC STEEL INC (0000917470) (Filer)
8-K - OLYMPIC STEEL INC (0000917470) (Filer)
8-K - OLYMPIC STEEL INC (0000917470) (Filer)
10-Q - OLYMPIC STEEL INC (0000917470) (Filer)
8-K - OLYMPIC STEEL INC (0000917470) (Filer)
ARS - OLYMPIC STEEL INC (0000917470) (Filer)
Conference Call to Be Held 10:00 a.m. ET on Friday, February 21, 2025 Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, intends to release its fourth-quarter 2024 financial results after the market closes on February 20, 2025. A webcast to discuss these results will be held on Friday, February 21, 2025, at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer; Andrew Greiff, President and Chief Operating Officer; and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will b
Addition of leading metal canopy manufacturer supports strategy for continued growth in manufactured metal products Company completes eighth acquisition in the past seven years Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced the acquisition of Metal Works. The all-cash purchase is expected to be immediately accretive. Terms were not disclosed. Metal Works is a leading manufacturer of components for service station canopies, deck clips, long gutters, trim, and boat docks, as well as solar canopy and ground racking components – all made primarily from coated carbon steel and aluminum. The business, which includes roll forming and folding mach
Company's diversification strategy continues to drive results in difficult market conditions Company has the strategic focus and financial flexibility to further invest in organic and acquisitive growth opportunities Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2024. Net income for the third quarter totaled $2.7 million, or $0.23 per diluted share, compared with net income of $12.2 million, or $1.06 per diluted share, in the third quarter of 2023. EBITDA for the third quarter of 2024 was $15.0 million, compared with $27.1 million in the third quarter of 2023. Both third-quarter 20
Conference Call to Be Held 10:00 a.m. ET on Friday, November 1 Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, intends to release its third-quarter 2024 financial results after the market closes on October 31, 2024. A webcast to discuss these results will be held on Friday, November 1, 2024 at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer; Andrew Greiff, President and Chief Operating Officer; and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will be archived an
Diversified offerings in end products, higher-margin mix of flat-rolled products and additional fabrication capabilities drive profitability in a challenging pricing market Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced financial results for the three months ended June 30, 2024. Net income for the second quarter totaled $7.7 million, or $0.66 per diluted share, compared with net income of $15.0 million, or $1.30 per diluted share, in the second quarter of 2023. The results include $1.0 million of LIFO pre-tax income in both the second quarter of 2024 and 2023. Adjusted EBITDA for the second quarter of 2024 was $21.3 million, compared with $3
Conference Call to Be Held 10:00 a.m. ET on Friday, August 2 Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, intends to release its second-quarter 2024 financial results after the market closes on August 1, 2024. A webcast to discuss these results will be held on Friday, August 2, 2024 at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer, and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will be archived and a
Strategy to diversify and expand into higher-value processing and manufactured products contributes to financial performance in the face of pricing headwinds Company remains in a strong operational and financial position to invest in additional higher-value growth opportunities to drive profitability and advance its strategy Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2024. Net income for the first quarter totaled $8.7 million, or $0.75 per diluted share, compared with net income of $9.9 million, or $0.85 per diluted share, in the first quarter of 2023. The results include $0.4 mill
Conference Call to Be Held 10:00 a.m. ET on Friday, May 3 Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, intends to release its first-quarter 2024 financial results after the market closes on May 2, 2024. A webcast to discuss these results will be held on Friday, May 3, 2024 at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will be archived and available fo
Strong finish to the year led by Pipe and Tube segment delivering its second most profitable year ever Shareholders rewarded with a quarterly dividend increase of 20% from $0.125 to $0.15 per share Company enters 2024 in position of strength due to success of diversification strategy and operational disciplines Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2023. Fourth-Quarter Results Net income for the fourth quarter totaled $7.4 million, or $0.64 per diluted share, compared with net income of $4.0 million, or $0.34 per diluted share, in the fourth quarter of 2022. The results in
Conference Call to Be Held 10:00 a.m. ET on Friday, February 23 Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, intends to release its fourth-quarter 2023 financial results after the market closes on February 22, 2024. A webcast to discuss these results will be held on Friday, February 23, 2024 at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will be archiv
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
Olympic Steel Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced the appointment of Jessica L. Burroughs to the newly created role of Vice President for the organization's Action Stainless & Alloys subsidiary. Ms. Burroughs joins the Company with more than 18 years of metals industry experience in roles encompassing commercial, sales and marketing functions. She will report directly to Andy Markowitz, President - Specialty Metals, Olympic Steel. "Continuing to increase the return on our investment in Action Stainless & Alloys and grow our stainless and aluminum business segments are essential pieces of our business strategy, and Jessica's experience, expertise
SC 13G/A - OLYMPIC STEEL INC (0000917470) (Subject)
SC 13G/A - OLYMPIC STEEL INC (0000917470) (Subject)
SC 13G/A - OLYMPIC STEEL INC (0000917470) (Subject)
SC 13G - OLYMPIC STEEL INC (0000917470) (Subject)
SC 13G/A - OLYMPIC STEEL INC (0000917470) (Subject)
SC 13G/A - OLYMPIC STEEL INC (0000917470) (Subject)
SC 13G/A - OLYMPIC STEEL INC (0000917470) (Subject)
SC 13G - OLYMPIC STEEL INC (0000917470) (Subject)
SC 13G/A - OLYMPIC STEEL INC (0000917470) (Subject)
SC 13G/A - OLYMPIC STEEL INC (0000917470) (Subject)
Olympic Steel Inc. (NASDAQ:ZEUS), a leading national metals service center, has announced the promotion of Brant Harbert to the role of General Manager for the Company's three Bedford Heights, Ohio, and Dover, Ohio, facilities. Mr. Harbert's predecessor, Kevin Miller, has been promoted to a new leadership role within the organization. Mr. Harbert joined the Company in 2014 as an Inside Sales Representative for Olympic Steel's Bedford Heights and Dover facilities before moving into his most recent role as Regional Sales Manager. In his new role, Mr. Harbert will be responsible for the daily operations and growth of the Company's Bedford Heights and Dover facilities, which include one of th
Conference Call to Be Held 10:00 a.m. ET on Friday, February 21, 2025 Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, intends to release its fourth-quarter 2024 financial results after the market closes on February 20, 2025. A webcast to discuss these results will be held on Friday, February 21, 2025, at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer; Andrew Greiff, President and Chief Operating Officer; and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will b
Addition of leading metal canopy manufacturer supports strategy for continued growth in manufactured metal products Company completes eighth acquisition in the past seven years Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced the acquisition of Metal Works. The all-cash purchase is expected to be immediately accretive. Terms were not disclosed. Metal Works is a leading manufacturer of components for service station canopies, deck clips, long gutters, trim, and boat docks, as well as solar canopy and ground racking components – all made primarily from coated carbon steel and aluminum. The business, which includes roll forming and folding mach
Company's diversification strategy continues to drive results in difficult market conditions Company has the strategic focus and financial flexibility to further invest in organic and acquisitive growth opportunities Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2024. Net income for the third quarter totaled $2.7 million, or $0.23 per diluted share, compared with net income of $12.2 million, or $1.06 per diluted share, in the third quarter of 2023. EBITDA for the third quarter of 2024 was $15.0 million, compared with $27.1 million in the third quarter of 2023. Both third-quarter 20
Conference Call to Be Held 10:00 a.m. ET on Friday, November 1 Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, intends to release its third-quarter 2024 financial results after the market closes on October 31, 2024. A webcast to discuss these results will be held on Friday, November 1, 2024 at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer; Andrew Greiff, President and Chief Operating Officer; and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will be archived an
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
Diversified offerings in end products, higher-margin mix of flat-rolled products and additional fabrication capabilities drive profitability in a challenging pricing market Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced financial results for the three months ended June 30, 2024. Net income for the second quarter totaled $7.7 million, or $0.66 per diluted share, compared with net income of $15.0 million, or $1.30 per diluted share, in the second quarter of 2023. The results include $1.0 million of LIFO pre-tax income in both the second quarter of 2024 and 2023. Adjusted EBITDA for the second quarter of 2024 was $21.3 million, compared with $3
Conference Call to Be Held 10:00 a.m. ET on Friday, August 2 Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, intends to release its second-quarter 2024 financial results after the market closes on August 1, 2024. A webcast to discuss these results will be held on Friday, August 2, 2024 at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer, and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will be archived and a
Company celebrates 70 years in business and ongoing growth Olympic Steel Inc. (NASDAQ:ZEUS), a leading national metals service center, today recognized two significant milestones in the Company's history — the 50th anniversary of Executive Chairman, Michael D. Siegal, and the Company's 70th year in business. Olympic Steel began in 1954 as a steel distribution partnership between two brothers, Sam Sigel and Sol Siegal. The business, an initial joint investment of $17,000, was run from a rented warehouse in Cleveland, Ohio. In 1974, Sol's son, Michael Siegal, joined the business, assuming the role of Chief Executive Officer in 1984. Ten years later, Olympic Steel went public on Nasdaq,
Olympic Steel Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced that Anthony Roberts has joined the Company as General Manager for its two facilities located in Chambersburg, Pennsylvania. Mr. Roberts joins Olympic Steel with more than three decades of experience in the manufacturing and assembly of components for aerospace, automotive, defense and industrial markets, including leadership roles with Mancor Industries (Columbia, South Carolina), MB Aerospace (Detroit, Michigan), Howmet Aerospace (Birmingham, England) and McLaren Automotive (Woking, England). As General Manager, Mr. Roberts assumes leadership for the Company's facilities at 1530 and 1599 Nitter