About Steel Dynamics (NASDAQ:STLD)
Steel Dynamics, Inc. is a steel producing and a metal recycling company. The Company is engaged in the manufacture and sale of steel products, processing and sale of recycled ferrous and nonferrous metals, and fabrication and sale of steel joists and deck products. Its segments include steel operations, metals recycling operations, steel fabrication operations and Other Operations. It offers a range of steel products, such as sheet products, long products and steel finishing. The steel operations segment includes Butler Flat Roll Division, Columbus Flat Roll Division, The Techs galvanizing lines, Structural and Rail Division, Engineered Bar Products Division, Roanoke Bar Division, Steel of West Virginia and Iron Dynamics. The metals recycling operations segment consists of OmniSource Corporation. The fabrication operations produce steel building components. The Other Operations segment consists of subsidiary operations and smaller joint ventures.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Steel
- Sub-Industry: Steel
- Symbol: NASDAQ:STLD
- CUSIP: 85811910
- Web: www.steeldynamics.com
Capitalization:- Market Cap: $9.33106 billion
- Outstanding Shares: 239,872,000
Average Prices:- 50 Day Moving Avg: $34.84
- 200 Day Moving Avg: $35.01
- 52 Week Range: $25.96 - $40.17
P/E:- Trailing P/E Ratio: 17.87
- Foreward P/E Ratio: 13.41
- P/E Growth: 0.69
Sales & Book Value:- Annual Revenue: $8.77 billion
- Price / Sales: 1.06
- Book Value: $12.84 per share
- Price / Book: 3.03
Dividend:- Annual Dividend: $0.62
- Dividend Yield: 1.6%
Profitability:- EBITDA: $1.37 billion
- Net Margins: 5.79%
- Return on Equity: 21.45%
- Return on Assets: 9.25%
Debt:- Debt-to-Equity Ratio: 0.80%
- Current Ratio: 3.35%
- Quick Ratio: 2.30%
Misc:- Average Volume: 2.76 million shs.
- Beta: 1.29
- Short Ratio: 2.22
Frequently Asked Questions for Steel Dynamics (NASDAQ:STLD)
What is Steel Dynamics' stock symbol?
Steel Dynamics trades on the NASDAQ under the ticker symbol "STLD."
How often does Steel Dynamics pay dividends? What is the dividend yield for Steel Dynamics?
Steel Dynamics declared a quarterly dividend on Tuesday, September 19th. Stockholders of record on Saturday, September 30th will be given a dividend of $0.155 per share on Thursday, October 12th. This represents a $0.62 annualized dividend and a dividend yield of 1.59%. The ex-dividend date is Thursday, September 28th. View Steel Dynamics' Dividend History.
How were Steel Dynamics' earnings last quarter?
Steel Dynamics, Inc. (NASDAQ:STLD) posted its quarterly earnings results on Wednesday, October, 18th. The company reported $0.66 earnings per share for the quarter, meeting analysts' consensus estimates of $0.66. The firm earned $2.44 billion during the quarter, compared to analyst estimates of $2.41 billion. Steel Dynamics had a net margin of 5.79% and a return on equity of 21.45%. The firm's quarterly revenue was up 16.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.64 EPS. View Steel Dynamics' Earnings History.
Where is Steel Dynamics' stock going? Where will Steel Dynamics' stock price be in 2017?
16 analysts have issued twelve-month target prices for Steel Dynamics' shares. Their predictions range from $32.00 to $48.00. On average, they expect Steel Dynamics' share price to reach $41.33 in the next year. View Analyst Ratings for Steel Dynamics.
What are analysts saying about Steel Dynamics stock?
Here are some recent quotes from research analysts about Steel Dynamics stock:
- 1. According to Zacks Investment Research, "Steel Dynamics, Inc. owns and operates a flat-rolled steel mini-mill. Steel Dynamics operates in the production and sale of hot-rolled and cold-rolled steel coils. The company's customers consist of intermediate steel processors, steel service centers and end users including manufacturers of cold-rolled strip, oil and gas transmission pipe, and mechanical and structural tubing. " (7/26/2017)
- 2. Berenberg Bank analysts commented, "We expect EPS in the $0.56-0.60 range (Berenberg forecast: $0.58)." (3/16/2017)
Who are some of Steel Dynamics' key competitors?
Some companies that are related to Steel Dynamics include United States Steel Corporation (X), National Steel Company (SID), Gerdau S.A. (GGB), Commercial Metals Company (CMC), Carpenter Technology Corporation (CRS), Cliffs Natural Resources (CLF), Grupo Simec SAB de CV (SIM), Mechel PAO (MTL), Gibraltar Industries (ROCK), SunCoke Energy Partners, L.P. (SXCP), SunCoke Energy (SXC), L.B. Foster Company (FSTR), Dynamic Materials Corp. (BOOM), Olympic Steel (ZEUS), Northwest Pipe Company (NWPX), Synalloy Corporation (SYNL) and Bushveld Minerals Limited (BMN).
Who are Steel Dynamics' key executives?
Steel Dynamics' management team includes the folowing people:
- Mark D. Millett, President, Chief Executive Officer, Director
- Theresa E. Wagler, Chief Financial Officer, Executive Vice President
- Russell B. Rinn, Executive Vice President - Metals Recycling and President and Chief Operating Officer of OmniSource Corporation
- Christopher A. Graham, Senior Vice President - Manufacturing Group
- Glenn A. Pushis, Senior Vice President, Long Products Steel Group
- Barry T. Schneider, Senior Vice President, Flat Roll Steel Group
- Keith E. Busse, Non-Executive Chairman of the Board
- James C. Marcuccilli, Lead Independent Director
- Richard P. Teets Jr., Director
- Frank D. Byrne M.D., Independent Director
Who owns Steel Dynamics stock?
Steel Dynamics' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.12%), Mutual of America Capital Management LLC (0.10%), State Treasurer State of Michigan (0.04%), Robeco Institutional Asset Management B.V. (0.04%), Monarch Capital Management Inc. (0.03%) and Meeder Asset Management Inc. (0.03%). Company insiders that own Steel Dynamics stock include Christopher A Graham, Jurgen Dr Kolb, Keith E Busse and Richard P Teets Jr. View Institutional Ownership Trends for Steel Dynamics.
Who sold Steel Dynamics stock? Who is selling Steel Dynamics stock?
Steel Dynamics' stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, Monarch Capital Management Inc. and Oakbrook Investments LLC. Company insiders that have sold Steel Dynamics stock in the last year include Christopher A Graham, Keith E Busse and Richard P Teets Jr. View Insider Buying and Selling for Steel Dynamics.
Who bought Steel Dynamics stock? Who is buying Steel Dynamics stock?
Steel Dynamics' stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Robeco Institutional Asset Management B.V., Mutual of America Capital Management LLC, Covenant Asset Management LLC, Meeder Asset Management Inc. and Hefty Wealth Partners. View Insider Buying and Selling for Steel Dynamics.
How do I buy Steel Dynamics stock?
Shares of Steel Dynamics can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Steel Dynamics' stock price today?
One share of Steel Dynamics stock can currently be purchased for approximately $38.90.
MarketBeat Community Rating for Steel Dynamics (NASDAQ STLD)MarketBeat's community ratings are surveys of what our community members think about Steel Dynamics and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Steel Dynamics (NASDAQ:STLD) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 5 Hold Ratings, 11 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.69) |
| Consensus Price Target: | $41.33 (6.26% upside) |
Consensus Price Target History for Steel Dynamics (NASDAQ:STLD)
Analysts' Ratings History for Steel Dynamics (NASDAQ:STLD)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/20/2017 | Bank of America Corporation | Boost Price Target | Buy | $44.00 -> $45.00 | N/A |  |
| 10/20/2017 | Cowen and Company | Set Price Target | Buy | $43.00 | N/A | |
| 10/20/2017 | Citigroup Inc. | Boost Price Target | Buy | $41.00 -> $42.00 | N/A | |
| 10/20/2017 | KeyCorp | Upgrade | Sector Weight -> Overweight | $44.00 | N/A | |
| 10/6/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $43.00 | N/A | |
| 10/2/2017 | Longbow Research | Downgrade | Buy -> Neutral | | Low | |
| 9/12/2017 | Morgan Stanley | Downgrade | Overweight -> Equal Weight | $45.00 -> $33.00 | Low | |
| 9/6/2017 | Macquarie | Initiated Coverage | Neutral -> Neutral | $36.00 | Low | |
| 7/20/2017 | Clarkson Capital | Reiterated Rating | Neutral | | Medium | |
| 6/24/2017 | Deutsche Bank AG | Reiterated Rating | Buy | | Low | |
| 6/19/2017 | Berenberg Bank | Reiterated Rating | Buy | $46.00 | High | |
| 5/24/2017 | Credit Suisse Group | Upgrade | Neutral -> Outperform | $36.00 -> $36.00 | Low | |
| 5/15/2017 | Barclays PLC | Reiterated Rating | Buy | $43.00 | Low | |
| 4/24/2017 | BMO Capital Markets | Reiterated Rating | Buy | $48.00 | Low | |
| 3/22/2017 | J P Morgan Chase & Co | Boost Price Target | Overweight | $41.00 -> $44.00 | Low | |
| 11/14/2016 | Rosenblatt Securities | Downgrade | Buy -> Neutral | $32.00 | N/A | |
| 3/9/2016 | Nomura | Boost Price Target | Buy | $21.00 -> $24.00 | N/A | |
| 11/24/2015 | BB&T Corporation | Initiated Coverage | Buy | $24.00 | N/A | |
(Data available from 10/23/2015 forward)
Earnings History for Steel Dynamics (NASDAQ:STLD)Earnings History by Quarter for Steel Dynamics (NASDAQ STLD)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/18/2017 | Q3 2017 | $0.66 | $0.66 | $2.41 billion | $2.44 billion | View | N/A | |
| 7/19/2017 | Q2 2017 | $0.63 | $0.63 | $2.37 billion | $2.39 billion | View | N/A | |
| 4/19/2017 | Q1 2017 | $0.79 | $0.82 | $2.19 billion | $2.37 billion | View | N/A | |
| 1/24/2017 | Q416 | $0.43 | $0.43 | $1.88 billion | $1.91 billion | View | N/A | |
| 10/19/2016 | Q316 | $0.67 | $0.64 | $865.67 million | $2.10 billion | View | N/A | |
| 7/18/2016 | Q216 | $0.56 | $0.58 | $2.03 billion | $2.02 billion | View | N/A | |
| 4/20/2016 | Q116 | $0.24 | $0.26 | $1.70 billion | $1.70 billion | View | N/A | |
| 1/25/2016 | Q415 | $0.07 | ($1.04) | $1.66 billion | $1.59 billion | View | Listen | |
| 10/19/2015 | Q315 | $0.25 | $0.25 | $2.06 billion | $2.00 billion | View | Listen | |
| 7/20/2015 | Q215 | $0.22 | $0.22 | $1.97 billion | $2.01 billion | View | Listen | |
| 4/20/2015 | Q115 | $0.15 | $0.17 | $2.24 billion | $2.05 billion | View | N/A | |
| 1/28/2015 | Q414 | $0.47 | $0.40 | $2.63 billion | $2.52 billion | View | N/A | |
| 7/21/2014 | Q214 | $0.32 | $0.31 | $1.99 billion | $2.07 billion | View | N/A | |
| 4/16/2014 | Q114 | $0.20 | $0.16 | $1.86 billion | $1.80 billion | View | N/A | |
| 1/27/2014 | Q413 | $0.24 | $0.24 | $1.86 billion | $1.90 billion | View | N/A | |
| 10/16/2013 | Q313 | $0.25 | $0.25 | $1.83 billion | $1.91 billion | View | N/A | |
| 7/17/2013 | Q2 2013 | $0.13 | $0.13 | $1.82 billion | $1.80 billion | View | N/A | |
| 4/17/2013 | Q1 2013 | $0.21 | $0.21 | $1.81 billion | $1.80 billion | View | N/A | |
| 1/28/2013 | Q4 2012 | $0.14 | $0.27 | $1.69 billion | $1.71 billion | View | N/A | |
| 10/17/2012 | | $0.12 | $0.15 | | | View | N/A | |
| 7/23/2012 | | $0.19 | $0.20 | | | View | N/A | |
| 4/18/2012 | | $0.22 | $0.20 | | | View | N/A | |
| 1/24/2012 | | $0.10 | $0.14 | | | View | N/A | |
| 4/18/2011 | | $0.41 | $0.46 | | | View | N/A | |
| 1/24/2011 | | $0.08 | $0.07 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Steel Dynamics (NASDAQ:STLD)2017 EPS Consensus Estimate: $2.64
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.49 | $0.81 | $0.65 |
| Q2 2017 | 2 | $0.67 | $0.76 | $0.72 |
| Q3 2017 | 2 | $0.66 | $0.66 | $0.66 |
| Q4 2017 | 1 | $0.61 | $0.61 | $0.61 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Steel Dynamics (NASDAQ:STLD)| Most Recent Dividend: | 10/12/2017 |
| Annual Dividend: | $0.62 |
| Dividend Yield: | 1.59% |
| Payout Ratio: | 28.57% (Trailing 12 Months of Earnings)
23.22% (Based on This Year's Estimates)
21.38% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Steel Dynamics (NASDAQ STLD)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/19/2017 | quarterly | $0.16 | 1.82% | 9/28/2017 | 9/30/2017 | 10/12/2017 |
| 6/15/2017 | quarterly | $0.16 | 1.87% | 6/28/2017 | 6/30/2017 | 7/7/2017 |
| 3/16/2017 | quarterly | $0.16 | | 3/29/2017 | 3/31/2017 | 4/10/2017 |
| 12/16/2016 | quarterly | $0.14 | 1.52% | 12/28/2016 | 12/31/2016 | 1/13/2017 |
| 9/19/2016 | quarterly | $0.14 | 2.31% | 9/28/2016 | 9/30/2016 | 10/14/2016 |
| 6/13/2016 | quarterly | $0.14 | 2.19% | 6/28/2016 | 6/30/2016 | 7/14/2016 |
| 3/16/2016 | quarterly | $0.14 | 2.54% | 3/29/2016 | 3/31/2016 | 4/8/2016 |
| 12/16/2015 | quarterly | $0.14 | 3.25% | 12/29/2015 | 12/31/2015 | 1/11/2016 |
| 9/18/2015 | quarterly | $0.14 | 3.07% | 9/28/2015 | 9/30/2015 | 10/9/2015 |
| 6/22/2015 | quarterly | $0.14 | 2.46% | 6/26/2015 | 6/30/2015 | 7/10/2015 |
| 3/11/2015 | quarterly | $0.14 | 3% | 3/27/2015 | 3/31/2015 | 4/10/2015 |
| 12/17/2014 | quarterly | $0.12 | 2.35% | 12/29/2014 | 12/31/2014 | 1/12/2015 |
| 9/17/2014 | quarterly | $0.12 | 1.84% | 9/26/2014 | 9/30/2014 | 10/10/2014 |
| 6/16/2014 | quarterly | $0.12 | 2.57% | 6/26/2014 | 6/30/2014 | 7/11/2014 |
| 3/18/2014 | quarterly | $0.12 | 2.69% | 3/27/2014 | 3/31/2014 | 4/11/2014 |
| 12/17/2013 | quarterly | $0.11 | 2.4% | 12/27/2013 | 12/31/2013 | 1/10/2014 |
| 9/17/2013 | quarterly | $0.11 | 2.58% | 9/26/2013 | 9/30/2013 | 10/11/2013 |
| 6/17/2013 | quarterly | $0.11 | 2.94% | 6/26/2013 | 6/30/2013 | 7/12/2013 |
| 3/4/2013 | quarterly | $0.11 | 2.93% | 3/26/2013 | 3/31/2013 | 4/12/2013 |
| 12/17/2012 | quarterly | $0.10 | 2.83% | 12/27/2012 | 12/31/2012 | 1/11/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Steel Dynamics (NASDAQ:STLD)Insider Ownership Percentage: 4.20%
Institutional Ownership Percentage: 82.58%
Insider Trades by Quarter for Steel Dynamics (NASDAQ:STLD)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/25/2017 | Christopher A Graham | Insider | Sell | 5,021 | $38.05 | $191,049.05 | |
| 7/25/2017 | Keith E Busse | Director | Sell | 4,965 | $38.42 | $190,755.30 | |
| 3/16/2017 | Richard P Teets Jr | Director | Sell | 140,295 | $35.64 | $5,000,113.80 | |
| 11/1/2016 | Keith E Busse | Director | Sell | 2,000 | $27.33 | $54,660.00 | |
| 7/29/2016 | Keith E Busse | Director | Sell | 13,155 | $27.00 | $355,185.00 | |
| 7/27/2016 | Jurgen Dr Kolb | Director | Sell | 17,900 | $27.20 | $486,880.00 | |
| 7/26/2016 | Jurgen Dr Kolb | Director | Sell | 1,900 | $26.75 | $50,825.00 | |
| 7/25/2016 | Jurgen Dr Kolb | Director | Sell | 1,000 | $26.50 | $26,500.00 | |
| 3/21/2016 | Keith E Busse | Director | Sell | 91,873 | $21.91 | $2,012,937.43 | |
| 8/18/2015 | John C Bates | Director | Sell | 74,379 | $21.03 | $1,564,190.37 | |
| 11/19/2014 | Keith E Busse | Director | Sell | 3,096 | $22.36 | $69,226.56 | |
| 5/16/2014 | Keith Busse | Director | Sell | 2,201 | $18.17 | $39,992.17 | |
| 10/22/2013 | Keith E Busse | Director | Sell | 80,000 | $18.28 | $1,462,400.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Steel Dynamics (NASDAQ:STLD)
Latest Headlines for Steel Dynamics (NASDAQ:STLD)
| Source: |
|
Loading headlines, please wait.
Steel Dynamics (STLD) Chart for Monday, October, 23, 2017
