# Companhia Siderúrgica Nacional (SID)

> Source: Nexqual · https://nexqual.com/SID · data as of 2026-10-28 20:00 UTC · cite as "Nexqual, Companhia Siderúrgica Nacional (SID), nexqual.com/SID" · informational, not investment advice.

**Price:** USD 0.8 (-7.56% on the day) · last close of Oct 28, 2026; US market closed, not a live price. Prev close 0.87 · day 0.78–0.86 · 52w 0.78–2.2 · market cap $1.07B · NYQ

## Key facts
- Analysts: Sell (mean 3.75 on a 1–5 scale) (4 analysts), mean target USD 1.15 (range 0.8–1.5).
- Total return with dividends: 1Y -50.3% vs S&P 500 +13.2%; 5Y -70.8% vs S&P 500 +79.8%.
- Next earnings: 2026-11-12, EPS estimate USD -0.04, revenue estimate $10.4B.

## Analysts
Consensus Sell (mean 3.75 on a 1–5 scale), 4 analysts; mean target USD 1.15 (low 0.8, high 1.5).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-29) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -50.3% | -70.8% |
| S&P 500 (SPY) | +13.2% | +79.8% |
| Per year | -50.5% | -21.8% |
| Volatility (annualized) | 69.3% | 54.9% |
| Max drawdown | -59.0% (Jan 2026→Aug 2026) | -79.2% (Feb 2022→Oct 2026) |

## Peers (Steel)
NWPX (NWPX Infrastructure, Inc.) USD 99.67 -0.17% · MTUS (Metallus Inc.) USD 21.17 +0.19% · WS (Worthington Steel, Inc.) USD 42.35 -0.84% · ASTL (Algoma Steel Group Inc.) USD 4.94 +2.92% · SIM (Grupo Simec, S.A.B. de C.V.) USD 25.86 +0.15% · CLF (Cleveland-Cliffs Inc.) USD 13.94 +0.29%

## More
Full page: https://nexqual.com/SID · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in SID's own 20-F filed 2026-04-30 (https://www.sec.gov/Archives/edgar/data/1049659/000129281426002714/sidform20f_2025.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | ITOCHU CORP (ITOCF) | "we sold a 10.74% equity interest in CSN Mineração to Itochu Corporation, a long-term strategic partner, for R$4.42 billion," |
| Partner | CSN | "Additionally, through the CSN Foundation, we collaborate" |
| Partner | CSN ENERGIA | "into an iron ore export prepayment agreement with Vitol Energia Americas SA, or Vitol, pursuant to which Vitol will prepay up to US$240.9" |
| Partner | Minas Gerais | "we are negotiating an agreement with the Minas Gerais State Prosecutor's Office and the Federal Prosecutor's Office in connection" |
| Partner | Federal | "we are negotiating an agreement with the Minas Gerais State Prosecutor's Office and the Federal Prosecutor's Office in connection" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $-0.04 | $0.00 | −$0.04 | $10.38B | 1 |
| Next quarter (ends 2026-12-31) | $-0.09 | $0.00 | −$0.09 | $9.86B | 1 |
| Current fiscal year (ends 2026-12-31) | $-0.26 | $0.06 | −$0.33 | $43.38B | 1 |
| Next fiscal year (ends 2027-12-31) | $0.12 | $0.25 | -52.4% | $45.13B | 1 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-12-18 (includes earnings 2026-11-12): ±31.6%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-12-18 | 51 | 81.6% | ±31.6% |
| 2027-03-19 | 142 | 125.4% | ±66.1% |
| 2027-06-17 | 232 | 190.8% | ±82.2% |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | −$0.12 | −$0.03 | Miss −$0.09 | — |
| — | Quarter ended Mar 31, 2026 | −$0.09 | $0.24 | Miss −$0.33 | — |
| — | Quarter ended Dec 31, 2025 | −$0.16 | −$0.05 | Miss −220.0% | — |
| — | Quarter ended Sep 30, 2025 | $0.01 | $0.11 | Miss −90.9% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-09 | 6-K | Current report (foreign issuer) · period ended Dec 31, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426004888/0001292814-26-004888-index.htm |
| 2026-09-29 | 6-K | Current report (foreign issuer) · period ended Sep 30, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426004734/0001292814-26-004734-index.htm |
| 2026-09-15 | 6-K | Current report (foreign issuer) · period ended Sep 30, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426004556/0001292814-26-004556-index.htm |
| 2026-09-14 | 6-K | Current report (foreign issuer) · period ended Sep 30, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426004538/0001292814-26-004538-index.htm |
| 2026-09-03 | 6-K | Current report (foreign issuer) · period ended Sep 30, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426004460/0001292814-26-004460-index.htm |
| 2026-08-27 | 6-K | Current report (foreign issuer) · period ended Jun 30, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426004375/0001292814-26-004375-index.htm |
| 2026-08-13 | 6-K | Current report (foreign issuer) · period ended Jun 30, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426004216/0001292814-26-004216-index.htm |
| 2026-08-11 | 6-K | Current report (foreign issuer) · period ended Sep 30, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426004188/0001292814-26-004188-index.htm |
| 2026-08-11 | 6-K | Current report (foreign issuer) · period ended Sep 30, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426004186/0001292814-26-004186-index.htm |
| 2026-08-10 | 6-K | Current report (foreign issuer) · period ended Sep 30, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426004156/0001292814-26-004156-index.htm |
| 2026-07-31 | 6-K | Current report (foreign issuer) · period ended Sep 30, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426003996/0001292814-26-003996-index.htm |
| 2026-07-31 | 6-K | Current report (foreign issuer) · period ended Mar 31, 2026 | https://www.sec.gov/Archives/edgar/data/1049659/000129281426003994/0001292814-26-003994-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.