Steel Dynamics (STLD) Stock Price, News & Analysis

Company Overview

Steel Dynamics, Inc. (NASDAQ: STLD) is a leading American steel producer and metals recycler renowned for its innovative mini-mill approach and vertically integrated operations. Founded in 1993 and headquartered in Fort Wayne, Indiana, the company has grown rapidly from a single flat-rolled mill into one of the nation’s largest domestic steel producers. Over the years, Steel Dynamics has expanded its manufacturing footprint through both organic growth and strategic acquisitions, establishing facilities across the Midwest and forging a presence in key North American markets.

The company’s core business is organized into three primary segments: Steel Operations, Metals Recycling, and Steel Fabrication. Steel Operations centers on electric-arc furnace production of hot-rolled, cold-rolled, coated and structural steel products, serving customers in the automotive, appliance, construction and infrastructure sectors. Its Metals Recycling unit provides ferrous and nonferrous scrap processing and brokerage services, supporting not only Steel Dynamics’ steel plants but also external steelmakers. The Steel Fabrication segment further adds value by offering precision-cut plate, structural steel, tubular products and engineered solutions to industrial clients.

Steel Dynamics’ facilities are strategically located to optimize raw-material supply chains and customer access. Key plants include the Butler Works in Pennsylvania, Columbus Flat Roll Division in Ohio and Sinton Texas long-products facility, complemented by scrap recycling centers through its OmniSource division. This geographic diversity enables the company to serve markets throughout the United States and Canada efficiently, while its emphasis on technology and process innovation has driven improvements in yield, energy efficiency and environmental performance.

Under the leadership of President and CEO Mark D. Millett, Steel Dynamics has built a reputation for operational excellence, financial discipline and a commitment to sustainability. The company maintains a lean organizational structure and invests in workforce development to promote safety and productivity across its operations. By integrating recycling with steelmaking and fabricating, Steel Dynamics continues to pursue growth opportunities, positioning itself to meet evolving customer needs and industry trends in the global steel market.

Key Stats

• Today's Range: $132.97 to $135.21
• 50-Day Range: $122.66 to $136.84
• 52-Week Range: $103.17 to $155.56
• Volume: 1.50 million shs
• Average Volume: 1.54 million shs
• Market Capitalization: $19.59 billion
• P/E Ratio: 17.43
• Dividend Yield: 1.52%
• Price Target: $148.00
• Consensus Rating: Moderate Buy

Steel Dynamics Stock Analysis - MarketRank™

Steel Dynamics scored higher than 97% of companies evaluated by MarketBeat, and ranked 5th out of 189 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Steel Dynamics has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Steel Dynamics has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 34.30%

Earnings Growth

Earnings for Steel Dynamics are expected to grow by 34.30% in the coming year, from $9.01 to $12.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Steel Dynamics is 17.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Steel Dynamics is 17.43, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.95.

Price to Earnings Growth Ratio

Steel Dynamics has a PEG Ratio of 1.04. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Steel Dynamics has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.40% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Steel Dynamics has recently increased by 4.72%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Steel Dynamics pays a meaningful dividend of 1.50%, higher than 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 26.42%. 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 16.53% next year. This indicates that Steel Dynamics will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.3 / 5
• Environmental Score: -3.94

Percentage of Shares Shorted

2.40% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Steel Dynamics has recently increased by 4.72%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.46

News Sentiment

Steel Dynamics has a news sentiment score of 1.46. 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 0.51 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Steel Dynamics this week, compared to 16 articles on an average week.

Search Interest

Only 32 people have searched for STLD on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

MarketBeat Follows

5 people have added Steel Dynamics to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Steel Dynamics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,181,948.00 in company stock.

Percentage Held by Insiders

Only 6.30% 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.

STLD Stock Analysis - Frequently Asked Questions

How have STLD shares performed this year?

Steel Dynamics' stock was trading at $114.07 at the beginning of the year. Since then, STLD shares have increased by 15.7% and is now trading at $131.9650.

How were Steel Dynamics' earnings last quarter?

Steel Dynamics, Inc. (NASDAQ:STLD) issued its earnings results on Tuesday, April, 22nd. The basic materials company reported $1.44 EPS for the quarter, beating analysts' consensus estimates of $1.40 by $0.04. The basic materials company had revenue of $4.37 billion for the quarter, compared to analyst estimates of $4.17 billion. Steel Dynamics had a trailing twelve-month return on equity of 13.26% and a net margin of 6.80%.
Read the conference call transcript.

Is Steel Dynamics buying back stock?

Steel Dynamics' Board of Directors authorized a stock buyback plan on Monday, February 24th 2025, which permits the company to buy back $1,500,000,000 in shares, according to EventVestor. This means that the company could buy up to 7.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

Does Steel Dynamics have any subsidiaries?

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 more.

Who are Steel Dynamics' major shareholders?

Steel Dynamics' top institutional shareholders include First Financial Bank Trust Division. Insiders that own company stock include Keith E Busse, Miguel Alvarez, Glenn Pushis, Gabriel Shaheen, Christopher A Graham, James C Marcuccilli, Bradley S Seaman, Richard A Poinsatte and Chad Bickford.
View institutional ownership trends.

How do I buy shares of Steel Dynamics?

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.

What other stocks do shareholders of Steel Dynamics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Steel Dynamics investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Adobe (ADBE), Tesla (TSLA) and ServiceNow (NOW).

Company Calendar

• Record date for 4/11 Dividend: 3/31/2025
• Ex-Dividend for 4/11 Dividend: 3/31/2025
• Dividend Payable: 4/11/2025
• Last Earnings: 4/22/2025
• Record date for 7/11 Dividend: 6/30/2025
• Ex-Dividend for 7/11 Dividend: 6/30/2025
• Today: 7/04/2025
• Dividend Payable: 7/11/2025
• Next Earnings (Estimated): 7/16/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: STEEL - PRODUCERS
• Sub-Industry: Steel
• Current Symbol: NASDAQ:STLD
• CIK: 1022671
• Web: www.steeldynamics.com
• Phone: (260) 969-3500
• Fax: 260-969-3590
• Employees: 13,000
• Year Founded: 1993

Price Target and Rating

• Average Stock Price Target: $148.00
• High Stock Price Target: $155.00
• Low Stock Price Target: $138.00
• Potential Upside/Downside: +12.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.73
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.57
• Trailing P/E Ratio: 17.43
• Forward P/E Ratio: 14.65
• P/E Growth: 1.04
• Net Income: $1.54 billion
• Net Margins: 6.80%
• Pretax Margin: 8.70%
• Return on Equity: 13.26%
• Return on Assets: 7.60%

Debt

• Debt-to-Equity Ratio: 0.44
• Current Ratio: 2.74
• Quick Ratio: 1.38

Sales & Book Value

• Annual Sales: $17.54 billion
• Price / Sales: 1.12
• Cash Flow: $13.12 per share
• Price / Cash Flow: 10.06
• Book Value: $57.63 per share
• Price / Book: 2.29

Miscellaneous

• Outstanding Shares: 148,450,000
• Free Float: 139,101,000
• Market Cap: $19.59 billion
• Optionable: Optionable
• Beta: 1.37