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 - NEC
  • Sub-Industry: Steel
  • Symbol: NASDAQ:STLD
  • CUSIP: 85811910
  • Web:
  • Market Cap: $8.28761 billion
  • Outstanding Shares: 239,872,000
Average Prices:
  • 50 Day Moving Avg: $36.03
  • 200 Day Moving Avg: $35.21
  • 52 Week Range: $22.79 - $40.17
  • Trailing P/E Ratio: 15.75
  • Foreward P/E Ratio: 11.55
  • P/E Growth: 0.55
Sales & Book Value:
  • Annual Revenue: $8.77 billion
  • Price / Sales: 0.94
  • Book Value: $12.84 per share
  • Price / Book: 2.67
  • Annual Dividend: $0.62
  • Dividend Yield: 1.8%
  • EBIDTA: $1.37 billion
  • Net Margins: 6.07%
  • Return on Equity: 21.75%
  • Return on Assets: 9.34%
  • Debt-to-Equity Ratio: 0.80%
  • Current Ratio: 4.09%
  • Quick Ratio: 2.30%
  • Average Volume: 3.06 million shs.
  • Beta: 1.23
  • 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 Thursday, June 15th. Stockholders of record on Friday, June 30th will be given a dividend of $0.155 per share on Friday, July 7th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Wednesday, June 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, July, 19th. The company reported $0.63 earnings per share for the quarter, meeting analysts' consensus estimates of $0.63. The business earned $2.39 billion during the quarter, compared to analyst estimates of $2.37 billion. Steel Dynamics had a return on equity of 21.75% and a net margin of 6.07%. Steel Dynamics's quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the company earned $0.58 EPS. View Steel Dynamics' Earnings History.

When will Steel Dynamics make its next earnings announcement?

Steel Dynamics is scheduled to release their next quarterly earnings announcement on Tuesday, October, 17th 2017. View Earnings Estimates for Steel Dynamics.

What guidance has Steel Dynamics issued on next quarter's earnings?

Steel Dynamics issued an update on its second quarter earnings guidance on Friday, June, 16th. The company provided earnings per share (EPS) guidance of $0.60-0.64 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.85.

Where is Steel Dynamics' stock going? Where will Steel Dynamics' stock price be in 2017?

15 equities research analysts have issued 12 month price targets for Steel Dynamics' stock. Their predictions range from $32.00 to $48.00. On average, they expect Steel Dynamics' stock price to reach $42.31 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)

Are investors shorting Steel Dynamics?

Steel Dynamics saw a drop in short interest in the month of July. As of July 14th, there was short interest totalling 6,748,188 shares, a drop of 14.5% from the June 30th total of 7,891,565 shares. Based on an average trading volume of 2,906,196 shares, the short-interest ratio is presently 2.3 days. Approximately 2.9% of the shares of the company are short sold.

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.11%), BlackRock Inc. (9.09%), Boston Partners (6.79%), State Street Corp (3.69%), FMR LLC (2.15%) and Prudential Financial Inc. (1.69%). 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 Los Angeles Capital Management & Equity Research Inc., Bank of New York Mellon Corp, Macquarie Group Ltd., Principal Financial Group Inc., Calamos Advisors LLC, Cornerstone Capital Management Holdings LLC., Acadian Asset Management LLC and FMR 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 BlackRock Inc., Boston Partners, State Street Corp, Prudential Financial Inc., Sumitomo Mitsui Trust Holdings Inc., Steadfast Capital Management LP, Vanguard Group Inc. and Renaissance Technologies LLC. 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 $34.29.

MarketBeat Community Rating for Steel Dynamics (NASDAQ STLD)
Community Ranking:  3.5 out of 5 (   )
Outperform Votes:  547 (Vote Outperform)
Underperform Votes:  245 (Vote Underperform)
Total Votes:  792
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: 2 Hold Ratings, 13 Buy Ratings
Consensus Rating:Buy (Score: 2.87)
Consensus Price Target: $42.31 (23.38% upside)

Analysts' Ratings History for Steel Dynamics (NASDAQ:STLD)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/27/2017Longbow ResearchReiterated RatingBuy$40.00HighView Rating Details
7/20/2017Clarkson CapitalReiterated RatingNeutralMediumView Rating Details
7/22/2017Jefferies Group LLCReiterated RatingBuy$42.00 -> $43.00LowView Rating Details
7/21/2017Bank of America CorporationBoost Price TargetBuy$40.00 -> $42.00LowView Rating Details
7/19/2017Cowen and CompanyReiterated RatingBuy$44.00LowView Rating Details
7/18/2017Morgan StanleyReiterated RatingBuyLowView 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
4/24/2017MacquarieUpgradeNeutral -> Outperform$38.00 -> $44.00HighView Rating Details
3/22/2017J P Morgan Chase & CoBoost Price TargetOverweight$41.00 -> $44.00LowView Rating Details
1/20/2017Citigroup Inc.Reiterated RatingBuy$30.00 -> $43.00N/AView Rating Details
11/14/2016Rosenblatt SecuritiesDowngradeBuy -> Neutral$32.00N/AView Rating Details
3/23/2016KeyCorpBoost Price TargetBuy$22.00 -> $25.00N/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 8/19/2015 forward)


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
10/17/2017$0.70N/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)


Earnings Estimates for Steel Dynamics (NASDAQ:STLD)
2017 EPS Consensus Estimate: $2.69
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.49$0.81$0.65
Q2 20172$0.67$0.76$0.72
Q3 20172$0.61$0.66$0.64
Q4 20171$0.69$0.69$0.69
(Data provided by Zacks Investment Research)


Current Dividend Information for Steel Dynamics (NASDAQ:STLD)
Most Recent Dividend:7/7/2017
Annual Dividend:$0.62
Dividend Yield:1.81%
Payout Ratio:28.57% (Trailing 12 Months of Earnings)
21.68% (Based on This Year's Estimates)
20.88% (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
(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: 85.59%
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)


Headline Trends for Steel Dynamics (NASDAQ:STLD)
Latest Headlines for Steel Dynamics (NASDAQ:STLD)
DateHeadline logoDoes the US Steel Industry Really Need Washington’s Support? - August 19 at 7:51 AM logoWhy United States Steel Corporation Investors Should Be Wary of the Lack of Business Investment - August 18 at 7:35 AM logoQ3 2017 Earnings Forecast for Steel Dynamics, Inc. Issued By KeyCorp (STLD) - August 18 at 6:24 AM logo$2.38 Billion in Sales Expected for Steel Dynamics, Inc. (STLD) This Quarter - August 17 at 5:56 AM logoSee what the IHS Markit Score report has to say about Steel Dynamics Inc. - August 15 at 7:20 AM logoSteel Dynamics, Inc. breached its 50 day moving average in a Bearish Manner : STLD-US : August 14, 2017 - August 15 at 7:20 AM logoSteel Dynamics, Inc. – Value Analysis (NASDAQ:STLD) : August 14, 2017 - August 15 at 7:20 AM logoSteel Dynamics, Inc. (NASDAQ:STLD) Given Average Recommendation of "Buy" by Brokerages - August 12 at 2:56 AM logoWhy Nucor Generated Lower Cash Flow in 2Q17 - August 10 at 8:20 AM logoIt may be time to get bullish on these steel stocks - Dayton Business Journal - August 6 at 6:22 AM logoSteel Dynamics: Analysts Seem Bullish after Its Earnings - August 5 at 7:25 AM logoCliffs and US Steel Production in the First Half of 2017 - August 4 at 8:39 AM logoSteel Dynamics, Inc. breached its 50 day moving average in a Bearish Manner : STLD-US : July 31, 2017 - August 1 at 6:39 AM logoSteel Dynamics, Inc. breached its 50 day moving average in a Bearish Manner : STLD-US : July 31, 2017 - August 1 at 6:39 AM logoSteel Dynamics, Inc. (NASDAQ:STLD) Short Interest Down 14.5% in July - July 28 at 1:46 AM logoSteel Dynamics, Inc. (STLD) Receives Buy Rating from Longbow Research - July 27 at 11:36 PM logoSteel Dynamics, Inc. (STLD) Insider Sells $191,049.05 in Stock - July 27 at 4:24 PM logoSteel Dynamics, Inc. (NASDAQ:STLD) Director Keith E. Busse Sells 4,965 Shares - July 27 at 4:24 PM logoInside U.S. Steel’s 2017 Guidance: Could the Bears Be Wrong? - July 27 at 7:53 AM logoSteel Dynamics, Inc. (NASDAQ:STLD) Upgraded by Zacks Investment Research to "Hold" - July 26 at 10:50 AM logoToday's Research Reports on Stocks to Watch: Skyworks Solutions and Steel Dynamics - July 25 at 7:05 AM logoJefferies Group Weighs in on Steel Dynamics, Inc.'s Q4 2017 Earnings (STLD) - July 24 at 8:48 AM logoSteel Dynamics, Inc. (NASDAQ:STLD) Given Buy Rating at Jefferies Group LLC - July 22 at 8:52 PM logoU.S. makes final finding rebar exports from Taiwan dumped - July 22 at 9:14 AM logoSteel Dynamics, Inc. (NASDAQ:STLD) Given New $42.00 Price Target at Bank of America Corporation - July 21 at 10:29 PM logoSteel Dynamics, Inc. Forecasted to Post Q2 2017 Earnings of $0.67 Per Share (STLD) - July 21 at 8:22 AM logoSteel Dynamics's (STLD) CEO Mark Millett on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - July 21 at 7:25 AM logoWhich U.S. Steel Segment Will Be the Wild Card in 2Q17? - July 21 at 7:25 AM logoEdited Transcript of STLD earnings conference call or presentation 20-Jul-17 2:00pm GMT - July 21 at 7:25 AM logoSteel Dynamics misses 2Q profit forecasts - July 20 at 8:11 AM logoCLF and Peers in Overbought Territory: What Triggered It? - July 20 at 8:11 AM logoReminder: Steel Dynamics Announces Second Quarter 2017 Earnings Conference Call and Webcast - July 20 at 8:11 AM logoSteel Dynamics, Inc. (NASDAQ:STLD) Issues Earnings Results, Hits Expectations - July 19 at 9:16 PM logoSteel Dynamics' (NASDAQ:STLD) "Buy" Rating Reiterated at Cowen and Company - July 19 at 4:32 PM logoSteel Dynamics, Inc. (NASDAQ:STLD) Stock Rating Reaffirmed by Morgan Stanley - July 18 at 4:17 PM logoSteel Dynamics, Inc. (NASDAQ:STLD) Receives Consensus Rating of "Buy" from Brokerages - July 18 at 1:53 PM logoSteel Dynamics First Up to Report in the Sector - Here's the Technical Take - July 18 at 8:33 AM logoHow CLF Stock Could Maintain Price Momentum in 2017 - July 18 at 8:33 AM logoAK Steel’s 2Q17 Earnings: What’s the Word on Wall Street? - July 18 at 8:33 AM logoSteel Dynamics, Inc. (STLD) Short Interest Update - July 16 at 7:12 AM logoWe 'absolutely' want steel tariffs: Steel Dynamics CEO - July 15 at 9:01 AM logo[$$] Trump claims of Chinese dumping lift US steel shares - July 14 at 8:49 AM logoSteel Dynamics, Inc. (STLD) to Release Earnings on Monday - July 13 at 9:22 PM logoBernanke, Greenspan and Other Former White House Economists Warn Trump on Steel Tariffs - July 13 at 9:56 AM logoSteel Dynamics’ 2Q17 Earnings Estimates: What You Need to Know - July 13 at 9:56 AM logoHow Analysts Are Rating Steel Dynamics - July 13 at 9:56 AM logoCiti Previews Steel Sector Earnings, Says US Steel May Outperform - Benzinga - July 11 at 3:51 PM logoHow Analysts View the US Steel Sector and Cliffs Natural Resources - July 11 at 3:51 PM logoSteel Stock With 258% EPS Growth Edges Closer To Breakout - July 11 at 3:51 PM logoAre US Steel Importers Traitors? - July 11 at 8:05 AM



Steel Dynamics (STLD) Chart for Saturday, August, 19, 2017

This page was last updated on 8/19/2017 by Staff