Steel Dynamics Company Profile (NASDAQ:STLD)

About Steel Dynamics (NASDAQ:STLD)

Steel Dynamics logoSteel 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?

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)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  579 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  877
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.

Analyst Ratings

Consensus Ratings for Steel Dynamics (NASDAQ:STLD) (How are Consensus Ratings Calculated?)
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)
Price Target History for Steel Dynamics (NASDAQ:STLD)
Analysts' Ratings History for Steel Dynamics (NASDAQ:STLD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017Bank of America CorporationBoost Price TargetBuy$44.00 -> $45.00N/AView Rating Details
10/20/2017Cowen and CompanySet Price TargetBuy$43.00N/AView Rating Details
10/20/2017Citigroup Inc.Boost Price TargetBuy$41.00 -> $42.00N/AView Rating Details
10/20/2017KeyCorpUpgradeSector Weight -> Overweight$44.00N/AView Rating Details
10/6/2017Jefferies Group LLCReiterated RatingBuy$43.00N/AView Rating Details
10/2/2017Longbow ResearchDowngradeBuy -> NeutralLowView Rating Details
9/12/2017Morgan StanleyDowngradeOverweight -> Equal Weight$45.00 -> $33.00LowView Rating Details
9/6/2017MacquarieInitiated CoverageNeutral -> Neutral$36.00LowView Rating Details
7/20/2017Clarkson CapitalReiterated RatingNeutralMediumView Rating Details
6/24/2017Deutsche Bank AGReiterated RatingBuyLowView Rating Details
6/19/2017Berenberg BankReiterated RatingBuy$46.00HighView Rating Details
5/24/2017Credit Suisse GroupUpgradeNeutral -> Outperform$36.00 -> $36.00LowView Rating Details
5/15/2017Barclays PLCReiterated RatingBuy$43.00LowView Rating Details
4/24/2017BMO Capital MarketsReiterated RatingBuy$48.00LowView Rating Details
3/22/2017J P Morgan Chase & CoBoost Price TargetOverweight$41.00 -> $44.00LowView Rating Details
11/14/2016Rosenblatt SecuritiesDowngradeBuy -> Neutral$32.00N/AView Rating Details
3/9/2016NomuraBoost Price TargetBuy$21.00 -> $24.00N/AView Rating Details
11/24/2015BB&T CorporationInitiated CoverageBuy$24.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Steel Dynamics (NASDAQ:STLD)
Earnings by Quarter for Steel Dynamics (NASDAQ:STLD)
Earnings History by Quarter for Steel Dynamics (NASDAQ STLD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2017Q3 2017$0.66$0.66$2.41 billion$2.44 billionViewN/AView Earnings Details
7/19/2017Q2 2017$0.63$0.63$2.37 billion$2.39 billionViewN/AView Earnings Details
4/19/2017Q1 2017$0.79$0.82$2.19 billion$2.37 billionViewN/AView Earnings Details
1/24/2017Q416$0.43$0.43$1.88 billion$1.91 billionViewN/AView Earnings Details
10/19/2016Q316$0.67$0.64$865.67 million$2.10 billionViewN/AView Earnings Details
7/18/2016Q216$0.56$0.58$2.03 billion$2.02 billionViewN/AView Earnings Details
4/20/2016Q116$0.24$0.26$1.70 billion$1.70 billionViewN/AView Earnings Details
1/25/2016Q415$0.07($1.04)$1.66 billion$1.59 billionViewListenView Earnings Details
10/19/2015Q315$0.25$0.25$2.06 billion$2.00 billionViewListenView Earnings Details
7/20/2015Q215$0.22$0.22$1.97 billion$2.01 billionViewListenView Earnings Details
4/20/2015Q115$0.15$0.17$2.24 billion$2.05 billionViewN/AView Earnings Details
1/28/2015Q414$0.47$0.40$2.63 billion$2.52 billionViewN/AView Earnings Details
7/21/2014Q214$0.32$0.31$1.99 billion$2.07 billionViewN/AView Earnings Details
4/16/2014Q114$0.20$0.16$1.86 billion$1.80 billionViewN/AView Earnings Details
1/27/2014Q413$0.24$0.24$1.86 billion$1.90 billionViewN/AView Earnings Details
10/16/2013Q313$0.25$0.25$1.83 billion$1.91 billionViewN/AView Earnings Details
7/17/2013Q2 2013$0.13$0.13$1.82 billion$1.80 billionViewN/AView Earnings Details
4/17/2013Q1 2013$0.21$0.21$1.81 billion$1.80 billionViewN/AView Earnings Details
1/28/2013Q4 2012$0.14$0.27$1.69 billion$1.71 billionViewN/AView Earnings Details
10/17/2012$0.12$0.15ViewN/AView Earnings Details
7/23/2012$0.19$0.20ViewN/AView Earnings Details
4/18/2012$0.22$0.20ViewN/AView Earnings Details
1/24/2012$0.10$0.14ViewN/AView Earnings Details
4/18/2011$0.41$0.46ViewN/AView Earnings Details
1/24/2011$0.08$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Steel Dynamics (NASDAQ:STLD)
2017 EPS Consensus Estimate: $2.64
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.49$0.81$0.65
Q2 20172$0.67$0.76$0.72
Q3 20172$0.66$0.66$0.66
Q4 20171$0.61$0.61$0.61
(Data provided by Zacks Investment Research)

Dividends

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 Payments by Quarter for Steel Dynamics (NASDAQ:STLD)

Dividend History by Quarter for Steel Dynamics (NASDAQ STLD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/19/2017quarterly$0.161.82%9/28/20179/30/201710/12/2017
6/15/2017quarterly$0.161.87%6/28/20176/30/20177/7/2017
3/16/2017quarterly$0.163/29/20173/31/20174/10/2017
12/16/2016quarterly$0.141.52%12/28/201612/31/20161/13/2017
9/19/2016quarterly$0.142.31%9/28/20169/30/201610/14/2016
6/13/2016quarterly$0.142.19%6/28/20166/30/20167/14/2016
3/16/2016quarterly$0.142.54%3/29/20163/31/20164/8/2016
12/16/2015quarterly$0.143.25%12/29/201512/31/20151/11/2016
9/18/2015quarterly$0.143.07%9/28/20159/30/201510/9/2015
6/22/2015quarterly$0.142.46%6/26/20156/30/20157/10/2015
3/11/2015quarterly$0.143%3/27/20153/31/20154/10/2015
12/17/2014quarterly$0.122.35%12/29/201412/31/20141/12/2015
9/17/2014quarterly$0.121.84%9/26/20149/30/201410/10/2014
6/16/2014quarterly$0.122.57%6/26/20146/30/20147/11/2014
3/18/2014quarterly$0.122.69%3/27/20143/31/20144/11/2014
12/17/2013quarterly$0.112.4%12/27/201312/31/20131/10/2014
9/17/2013quarterly$0.112.58%9/26/20139/30/201310/11/2013
6/17/2013quarterly$0.112.94%6/26/20136/30/20137/12/2013
3/4/2013quarterly$0.112.93%3/26/20133/31/20134/12/2013
12/17/2012quarterly$0.102.83%12/27/201212/31/20121/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

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)
Institutional Ownership by Quarter for Steel Dynamics (NASDAQ:STLD)
Insider Trades by Quarter for Steel Dynamics (NASDAQ:STLD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/25/2017Christopher A GrahamInsiderSell5,021$38.05$191,049.05View SEC Filing  
7/25/2017Keith E BusseDirectorSell4,965$38.42$190,755.30View SEC Filing  
3/16/2017Richard P Teets JrDirectorSell140,295$35.64$5,000,113.80View SEC Filing  
11/1/2016Keith E BusseDirectorSell2,000$27.33$54,660.00View SEC Filing  
7/29/2016Keith E BusseDirectorSell13,155$27.00$355,185.00View SEC Filing  
7/27/2016Jurgen Dr KolbDirectorSell17,900$27.20$486,880.00View SEC Filing  
7/26/2016Jurgen Dr KolbDirectorSell1,900$26.75$50,825.00View SEC Filing  
7/25/2016Jurgen Dr KolbDirectorSell1,000$26.50$26,500.00View SEC Filing  
3/21/2016Keith E BusseDirectorSell91,873$21.91$2,012,937.43View SEC Filing  
8/18/2015John C BatesDirectorSell74,379$21.03$1,564,190.37View SEC Filing  
11/19/2014Keith E BusseDirectorSell3,096$22.36$69,226.56View SEC Filing  
5/16/2014Keith BusseDirectorSell2,201$18.17$39,992.17View SEC Filing  
10/22/2013Keith E BusseDirectorSell80,000$18.28$1,462,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Steel Dynamics (NASDAQ:STLD)
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Chart

Steel Dynamics (STLD) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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