NASDAQ:STLD - Steel Dynamics Stock Price, News, & Analysis

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$45.45 -0.15 (-0.33 %)
(As of 09/25/2018 01:44 AM ET)
Previous Close$45.60
Today's Range$45.39 - $46.79
52-Week Range$32.36 - $52.10
Volume2.40 million shs
Average Volume2.25 million shs
Market Capitalization$10.71 billion
P/E Ratio17.15
Dividend Yield1.62%
Beta1.32
Steel Dynamics logoSteel Dynamics, Inc., together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the United States and internationally. The company operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment provides hot roll, cold roll, and coated steel products; structural steel beams, pilings, and standard and premium grade rail products; engineered special-bar-quality products; merchant bar products, including angles, merchant rounds, flats, channels, and reinforcing bars; beams, channels, and specialty steel sections; and threaded rod products, and cold drawn and heat treated bars. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube industry sectors. This segment sells its products directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment is involved in the purchase, process, and resale of ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, scrap management, marketing, and brokerage services. The Steel Fabrication Operations segment produces steel building components comprising steel joists, girders, trusses, and steel deck products for non-residential steel fabricators. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
SymbolNASDAQ:STLD
CUSIP85811910
Phone260-969-3500

Debt

Debt-to-Equity Ratio0.66
Current Ratio3.61
Quick Ratio1.92

Price-To-Earnings

Trailing P/E Ratio17.15
Forward P/E Ratio8.19
P/E Growth0.69

Sales & Book Value

Annual Sales$9.54 billion
Price / Sales1.12
Cash Flow$3.9556 per share
Price / Cash11.49
Book Value$13.48 per share
Price / Book3.37

Profitability

EPS (Most Recent Fiscal Year)$2.65
Net Income$812.74 million
Net Margins10.01%
Return on Equity26.90%
Return on Assets12.40%

Miscellaneous

Employees7,635
Outstanding Shares234,790,000
Market Cap$10.71 billion

Steel Dynamics (NASDAQ:STLD) Frequently Asked Questions

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 Monday, August 20th. Investors of record on Sunday, September 30th will be paid a dividend of $0.1875 per share on Friday, October 12th. This represents a $0.75 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date is Thursday, September 27th. View Steel Dynamics' Dividend History.

How will Steel Dynamics' stock buyback program work?

Steel Dynamics declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, September 4th 2018, which allows the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.8% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

How were Steel Dynamics' earnings last quarter?

Steel Dynamics, Inc. (NASDAQ:STLD) announced its quarterly earnings data on Monday, July, 23rd. The basic materials company reported $1.53 EPS for the quarter, beating the Zacks' consensus estimate of $1.49 by $0.04. The basic materials company had revenue of $3.09 billion for the quarter, compared to analysts' expectations of $2.91 billion. Steel Dynamics had a return on equity of 26.90% and a net margin of 10.01%. The company's revenue for the quarter was up 29.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.63 EPS. View Steel Dynamics' Earnings History.

When is Steel Dynamics' next earnings date?

Steel Dynamics is scheduled to release their next quarterly earnings announcement on Wednesday, October, 17th 2018. View Earnings Estimates for Steel Dynamics.

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

Steel Dynamics updated its third quarter earnings guidance on Tuesday, September, 18th. The company provided earnings per share (EPS) guidance of $1.64-1.68 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.70.

What price target have analysts set for STLD?

12 equities research analysts have issued twelve-month price targets for Steel Dynamics' stock. Their forecasts range from $47.00 to $60.00. On average, they expect Steel Dynamics' stock price to reach $54.2727 in the next twelve months. This suggests a possible upside of 19.4% from the stock's current price. View Analyst Price Targets for Steel Dynamics.

What is the consensus analysts' recommendation for Steel Dynamics?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Steel Dynamics.

Who are some of Steel Dynamics' key competitors?

Who are Steel Dynamics' key executives?

Steel Dynamics' management team includes the folowing people:
  • Mr. Mark D. Millett, Co-Founder, CEO, Pres & Exec. Director (Age 58)
  • Mr. Richard P. Teets Jr., Co-Founder & Director (Age 63)
  • Ms. Theresa E. Wagler, Exec. VP & CFO (Age 48)
  • Mr. Glenn A. Pushis, Sr. VP of Long Products Steel Group (Age 52)
  • Mr. Barry T. Schneider, Sr. VP of Flat Roll Steel Group (Age 49)

Who are Steel Dynamics' major shareholders?

Steel Dynamics' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.51%), Boston Partners (5.92%), FMR LLC (2.79%), Dimensional Fund Advisors LP (1.76%), Bank of New York Mellon Corp (1.35%) and Bank of New York Mellon Corp (1.36%). Company insiders that own Steel Dynamics stock include Christopher A Graham, Jurgen Dr Kolb, Keith E Busse, Richard P Teets Jr and Theresa E Wagler. View Institutional Ownership Trends for Steel Dynamics.

Which major investors are selling Steel Dynamics stock?

STLD stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, FMR LLC, Van ECK Associates Corp, Millennium Management LLC, Meadow Creek Investment Management LLC, Los Angeles Capital Management & Equity Research Inc., Bank of Montreal Can and OppenheimerFunds Inc.. Company insiders that have sold Steel Dynamics company stock in the last year include Christopher A Graham, Jurgen Dr Kolb, Keith E Busse and Theresa E Wagler. View Insider Buying and Selling for Steel Dynamics.

Which major investors are buying Steel Dynamics stock?

STLD stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Standard Life Aberdeen plc, Menora Mivtachim Holdings LTD., BlackRock Inc., Glenmede Trust Co. NA, Royal London Asset Management Ltd., First Quadrant L P CA and Federated Investors Inc. PA. View Insider Buying and Selling for Steel Dynamics.

How do I buy shares of Steel Dynamics?

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

What is Steel Dynamics' stock price today?

One share of STLD stock can currently be purchased for approximately $45.45.

How big of a company is Steel Dynamics?

Steel Dynamics has a market capitalization of $10.71 billion and generates $9.54 billion in revenue each year. The basic materials company earns $812.74 million in net income (profit) each year or $2.65 on an earnings per share basis. Steel Dynamics employs 7,635 workers across the globe.

What is Steel Dynamics' official website?

The official website for Steel Dynamics is http://www.steeldynamics.com.

How can I contact Steel Dynamics?

Steel Dynamics' mailing address is 7575 W JEFFERSON BLVD, FORT WAYNE IN, 46804. The basic materials company can be reached via phone at 260-969-3500 or via email at [email protected]


MarketBeat Community Rating for Steel Dynamics (NASDAQ STLD)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  678 (Vote Outperform)
Underperform Votes:  412 (Vote Underperform)
Total Votes:  1,090
MarketBeat's community ratings are surveys of what our community members think about Steel Dynamics and other stocks. Vote "Outperform" if you believe STLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/25/2018 by MarketBeat.com Staff

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