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NASDAQ:STLD

Steel Dynamics (STLD) Stock Price, News & Analysis

Steel Dynamics logo
$249.99 +3.19 (+1.29%)
Closing price 10/28/2026 04:00 PM Eastern
Extended Trading
$249.70 -0.30 (-0.12%)
As of 10/28/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Steel Dynamics Stock (NASDAQ:STLD)

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Key Stats

Today's Range
$238.11
▼
$250.13
50-Day Range
$219.00
▼
$249.99
52-Week Range
$150.03
▼
$288.74
Volume
1.15 million shs
Average Volume
1.20 million shs
Market Capitalization
$35.83 billion
P/E Ratio
18.45
Dividend Yield
0.85%
Price Target
$275.17
Consensus Rating
Moderate Buy

Company Overview

Steel Dynamics, Inc. is a steel producer and metals recycler headquartered in Fort Wayne, Indiana. The company manufactures steel products using electric arc furnace technology and serves customers across industries such as construction, automotive, manufacturing, and energy.

Its operations include the production of flat rolled steel, long steel products, structural steel, rail, and specialty products. Steel Dynamics also provides steel processing and fabrication services, including the manufacture of steel joists, deck systems, and other components used in commercial and industrial construction.

The company operates metals recycling facilities that collect, process, and supply ferrous and nonferrous scrap to support its steelmaking operations. Steel Dynamics primarily serves customers in the United States and Mexico through its steel mills, processing facilities, fabrication operations, and recycling network.

Steel Dynamics was founded in 1993 and has grown through the development and acquisition of steel, recycling, and fabrication businesses. Mark D. Millett serves as president and chief executive officer and has also served as chairman of the board.

AI Generated. May Contain Errors.

Steel Dynamics Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
98th Percentile Overall Score

STLD MarketRank™: 
4.923772609815 of 5 stars

Steel Dynamics scored higher than 98% of companies evaluated by MarketBeat, and ranked 9th out of 227 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Steel Dynamics has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on no strong buy ratings, 9 buy ratings, 4 hold ratings, and no sell ratings.

  • Upside Potential

    Steel Dynamics has a consensus price target of $275.17, representing about 10.1% upside from its current price of $249.99.

  • Amount of Analyst Coverage

    Steel Dynamics has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Steel Dynamics' stock forecast and price target.
  • Earnings Growth

    Earnings for Steel Dynamics are expected to grow by 29.73% in the coming year, from $18.13 to $23.52 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Steel Dynamics is 18.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.06.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Steel Dynamics is 18.45, which means that it is trading at a less expensive P/E ratio than the Materials sector average P/E ratio of about 29.30.

  • Price to Earnings Growth Ratio

    Steel Dynamics has a PEG Ratio of 0.35. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Steel Dynamics has a P/B Ratio of 4.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.90% of the float of Steel Dynamics has been sold short.
  • Short Interest Ratio / Days to Cover

    Steel Dynamics has a short interest ratio ("days to cover") of 4.98.
  • Change versus previous month

    Short interest in Steel Dynamics has recently decreased by 3.27%, indicating that investor sentiment is improving.
  • Dividend Yield

    Steel Dynamics has a dividend yield of 0.88%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Steel Dynamics has been increasing its dividend for 13 years.

  • Dividend Coverage

    The dividend payout ratio of Steel Dynamics is 15.65%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Steel Dynamics will have a dividend payout ratio of 9.01% next year. This indicates that Steel Dynamics will be able to sustain or increase its dividend.

  • Read more about Steel Dynamics' dividend.
  • News Sentiment

    Steel Dynamics has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for Steel Dynamics this week, compared to 7 articles on an average week.
  • Search Interest

    15 people have searched for STLD on MarketBeat in the last 30 days. This is an increase of 275% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Steel Dynamics to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Steel Dynamics insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    6.60% of the stock of Steel Dynamics is held by insiders.

  • Percentage Held by Institutions

    82.41% of the stock of Steel Dynamics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Steel Dynamics' insider trading history.
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STLD Stock News Headlines

Q4 Earnings Forecast for Steel Dynamics Issued By KeyCorp
A letter from Shannon Stansberry
Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief. It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live.tc pixel
Steel Dynamics, Inc. logo overlaid on a steel mill interior with glowing hot metal sheet on a production line.
Steel Dynamics Eyes New Highs Despite Earnings Miss
Steel Dynamics missed Q3 earnings estimates but posted double-digit growth, record shipments, and wider margins, with analysts maintaining a Moderate Buy rating.
Molten steel pours from an industrial furnace into a ladle inside a steel manufacturing plant.
2 Steel Giants Just Reported Earnings—and Told Very Different Stories
Steel Dynamics and Cleveland-Cliffs posted Q3 earnings showing higher prices and shipments boosting results, with STLD gaining stability while CLF pursues a riskier, higher-upside turnaround.
See More Headlines

STLD Stock Analysis - Frequently Asked Questions

Steel Dynamics' stock was trading at $169.45 at the start of the year. Since then, STLD shares have increased by 47.5% and is now trading at $249.99.

Steel Dynamics, Inc. (NASDAQ:STLD) released its quarterly earnings results on Monday, October, 19th. The basic materials company reported $5.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.48 by $0.22. The company's revenue for the quarter was up 34.8% on a year-over-year basis.
Read the conference call transcript
.

Steel Dynamics' board initiated a stock buyback plan on Monday, February 24th 2025, which authorizes the company to buy back $1.50 billion in outstanding shares, according to EventVestor. This means that the company could buy up to 7.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

Steel Dynamics subsidiaries include these companies: United Steel Supply LLC, Kentucky Electric Steel, Vulcan Threaded Products, Severstal, OmniSource Corporation, Roanoke Electric Steel Corporation, Mesabi Nugget Delaware LLC, and others.

Top institutional shareholders of Steel Dynamics include Robeco Institutional Asset Management B.V. (0.64%), Hosking Partners LLP (0.10%), Asset Management One Co. Ltd. (0.05%) and Nisa Investment Advisors LLC (0.03%). Insiders that own company stock include Miguel Alvarez, Glenn Pushis, James Stanley Anderson, Gabriel Shaheen, Christopher A Graham, James C Marcuccilli, Bradley S Seaman, Kenneth W Cornew, Richard A Poinsatte and Chad Bickford.
View institutional ownership trends
.

Shares of STLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Steel Dynamics investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Micron Technology (MU), Nucor (NUE), ExxonMobil (XOM) and JPMorgan Chase & Co. (JPM).

Company Calendar

Record date for 10/9 Dividend
9/30/2026
Ex-Dividend for 10/9 Dividend
9/30/2026
Dividend Payable
10/09/2026
Last Earnings
10/19/2026
Today
10/28/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Materials
Industry
Metals & Mining
Sub-Industry
Steel
Current Symbol
NASDAQ:STLD
CIK
1022671
Employees
14,400
Year Founded
1993

Price Target and Rating

High Price Target
$310.00
Low Price Target
$255.00
Potential Upside/Downside
+10.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
13 Analysts

Profitability

EPS (Trailing Twelve Months)
$13.55
Trailing P/E Ratio
18.45
Forward P/E Ratio
13.79
P/E Growth
0.35
Net Income
$1.19 billion
Net Margins
8.82%
Pretax Margin
11.19%
Return on Equity
21.57%
Return on Assets
11.61%

Debt

Debt-to-Equity Ratio
0.43
Current Ratio
3.14
Quick Ratio
1.48

Sales & Book Value

Annual Sales
$22.22 billion
Price / Sales
1.61
Cash Flow
$12.31 per share
Price / Cash Flow
20.31
Book Value
$60.19 per share
Price / Book
4.15

Miscellaneous

Outstanding Shares
143,328,000
Free Float
133,868,000
Market Cap
$35.83 billion
Optionable
Optionable
Beta
1.48

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This page (NASDAQ:STLD) was last updated on 10/28/2026 by MarketBeat.com Staff.
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