Steel Dynamics Company Profile (NASDAQ:STLD)

About Steel Dynamics (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 & Iron
  • Sub-Industry: Steel
  • Exchange: NASDAQ
  • Symbol: STLD
  • CUSIP: 85811910
Key Metrics:
  • Previous Close: $36.59
  • 50 Day Moving Average: $34.72
  • 200 Day Moving Average: $34.03
  • 52-Week Range: $22.62 - $40.17
  • Trailing P/E Ratio: 17.13
  • Foreward P/E Ratio: 12.17
  • P/E Growth: 0.85
  • Market Cap: $8.81B
  • Outstanding Shares: 242,942,000
  • Beta: 1.35
Profitability:
  • Net Margins: 4.91%
  • Return on Equity: 17.30%
  • Return on Assets: 7.18%
Debt:
  • Debt-to-Equity Ratio: 0.85%
  • Current Ratio: 4.11%
  • Quick Ratio: 2.32%

Analyst Ratings

Consensus Ratings for Steel Dynamics (NASDAQ:STLD) (?)
Ratings Breakdown: 3 Hold Ratings, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.79)
Consensus Price Target: $38.71 (6.71% upside)

Analysts' Ratings History for Steel Dynamics (NASDAQ:STLD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/24/2017BMO Capital MarketsReiterated RatingBuy$48.00LowView Rating Details
4/24/2017Cowen and CompanyBoost Price TargetOutperform$41.00 -> $42.00LowView Rating Details
4/24/2017MacquarieUpgradeNeutral -> Outperform$38.00 -> $44.00HighView Rating Details
3/22/2017JPMorgan Chase & Co.Boost Price TargetOverweight$41.00 -> $44.00LowView Rating Details
3/21/2017Deutsche Bank AGBoost Price TargetBuy$42.00 -> $45.00HighView Rating Details
3/16/2017Jefferies Group LLCReiterated RatingBuy$45.00LowView Rating Details
3/16/2017Berenberg BankReiterated RatingBuy$44.00LowView Rating Details
1/29/2017Barclays PLCSet Price TargetBuy$40.00N/AView Rating Details
1/20/2017Citigroup IncReiterated RatingBuy$30.00 -> $43.00N/AView Rating Details
1/12/2017Credit Suisse Group AGDowngradeOutperform -> Neutral$33.00 -> $36.00N/AView Rating Details
11/14/2016Rosenblatt SecuritiesDowngradeBuy -> Neutral$32.00N/AView Rating Details
10/26/2016Bank of America CorpUpgradeNeutral -> BuyN/AView Rating Details
8/16/2016Morgan StanleyReiterated RatingBuy$27.00N/AView Rating Details
7/19/2016Clarkson CapitalReiterated RatingNeutral$24.00N/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 Co.Initiated CoverageBuy$24.00N/AView Rating Details
(Data available from 4/28/2015 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
7/17/2017        
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: $3.17
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.49$0.81$0.65
Q2 20171$1.07$1.07$1.07
Q3 20171$0.81$0.81$0.81
Q4 20171$0.64$0.64$0.64
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Steel Dynamics (NASDAQ:STLD)
Most Recent Dividend:4/10/2017
Annual Dividend:$0.56
Dividend Yield:1.54%
Payout Ratio:35.90% (Trailing 12 Months of Earnings)
20.51% (Based on This Year's Estimates)
18.79% (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
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: 4.10%
Institutional Ownership Percentage: 79.46%
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
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)
Latest Headlines for Steel Dynamics (NASDAQ:STLD)
Source:
DateHeadline
americanbankingnews.com logoSteel Dynamics, Inc. (STLD) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - April 27 at 7:30 AM
finance.yahoo.com logoAK Steel’s Nightmarish Year Continues after Its 1Q17 Earnings
finance.yahoo.com - April 26 at 4:27 PM
finance.yahoo.com logoDow 30 Eases; This Leisure Group Is Rising; 2 Steel Stocks Show Resilience
finance.yahoo.com - April 26 at 4:27 PM
finance.yahoo.com logoNo. 1 Steel Stock With 258% EPS Growth May Forge New Breakout
finance.yahoo.com - April 25 at 7:00 PM
finance.yahoo.com logoSteel Dynamics, Inc. – Value Analysis (NASDAQ:STLD) : April 25, 2017
finance.yahoo.com - April 25 at 7:00 PM
finance.yahoo.com logoWhy AK Steel Stock Plummeted 10% on Tuesday
finance.yahoo.com - April 25 at 7:00 PM
americanbankingnews.com logoSteel Dynamics (STLD) Receives Daily News Impact Score of 0.42
www.americanbankingnews.com - April 25 at 11:12 AM
finance.yahoo.com logoFactors That Could Drive Cliffs Natural Resources’s Valuation in 2017
finance.yahoo.com - April 25 at 9:36 AM
americanbankingnews.com logoSteel Dynamics, Inc. (STLD) Upgraded to "Outperform" at Macquarie
www.americanbankingnews.com - April 24 at 8:52 PM
247wallst.com logoThe Big Upgrade That Is Driving Steel Stocks
247wallst.com - April 24 at 6:27 PM
americanbankingnews.com logoBMO Capital Markets Reaffirms "Buy" Rating for Steel Dynamics, Inc. (STLD)
www.americanbankingnews.com - April 24 at 3:44 PM
americanbankingnews.com logoSteel Dynamics' (STLD) Outperform Rating Reiterated at Cowen and Company
www.americanbankingnews.com - April 24 at 3:02 PM
fool.com logoSteel Stocks Win Upgrades Amid Earnings: What You Need to Know
www.fool.com - April 24 at 12:34 PM
finance.yahoo.com logoTrump's America to Win as China Stumbles, Steel Veteran Says
finance.yahoo.com - April 24 at 11:18 AM
finance.yahoo.com logoSteel Rallies on Trump Memo, but Our Outlook Is Still Negative
finance.yahoo.com - April 24 at 11:18 AM
finance.yahoo.com logoSteel Dynamics, Inc. breached its 50 day moving average in a Bullish Manner : STLD-US : April 24, 2017
finance.yahoo.com - April 24 at 11:18 AM
americanbankingnews.com logoSteel Dynamics, Inc. Forecasted to Post Q2 2017 Earnings of $1.07 Per Share (STLD)
www.americanbankingnews.com - April 24 at 7:45 AM
americanbankingnews.com logoSteel Dynamics (STLD) Getting Somewhat Favorable News Coverage, Analysis Shows
www.americanbankingnews.com - April 22 at 11:17 AM
finance.yahoo.com logoSteel Dynamics Is Optimistic about the US Steel Industry
finance.yahoo.com - April 21 at 7:48 PM
americanbankingnews.com logo Analysts Anticipate Steel Dynamics, Inc. (STLD) Will Post Earnings of $0.80 Per Share
www.americanbankingnews.com - April 21 at 7:28 PM
americanbankingnews.com logoSteel Dynamics, Inc. (STLD) Upgraded at Zacks Investment Research
www.americanbankingnews.com - April 21 at 7:41 AM
finance.yahoo.com logoEdited Transcript of STLD earnings conference call or presentation 20-Apr-17 2:00pm GMT
finance.yahoo.com - April 21 at 1:14 AM
finance.yahoo.com logoU.S. steel shares jump as Trump orders probe of imports
finance.yahoo.com - April 21 at 1:14 AM
finance.yahoo.com logoReminder: Steel Dynamics Announces First Quarter 2017 Earnings Conference Call and Webcast
finance.yahoo.com - April 20 at 8:09 PM
finance.yahoo.com logoTrump launches trade probe targeting Chinese steel
finance.yahoo.com - April 20 at 8:09 PM
finance.yahoo.com logoU.S. steel companies rally as Trump eyes barriers on steel imports
finance.yahoo.com - April 20 at 8:09 PM
finance.yahoo.com logoStocks Up Broadly; Time To Sell These 5 Top Small Cap Names? Or Buy?
finance.yahoo.com - April 20 at 8:09 PM
finance.yahoo.com logo[$$] Donald Trump’s Bid to Stem Steel Imports Faces Hurdles
finance.yahoo.com - April 20 at 8:09 PM
americanbankingnews.com logoSteel Dynamics, Inc. (STLD) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - April 19 at 9:05 PM
finance.yahoo.com logoSteel Dynamics Reports First Quarter 2017 Results
finance.yahoo.com - April 19 at 8:00 PM
finance.yahoo.com logoSteel Dynamics beats 1Q profit forecasts
finance.yahoo.com - April 19 at 8:00 PM
seekingalpha.com logoSteel Dynamics beats by $0.06, beats on revenue
seekingalpha.com - April 19 at 6:22 PM
americanbankingnews.com logoPositive Press Coverage Very Likely to Affect Steel Dynamics (STLD) Share Price
www.americanbankingnews.com - April 19 at 11:13 AM
finance.yahoo.com logoSteel Dynamics Announces Effectiveness of S-4 Registration Statement and Launch of Exchange Offer for up to $400.0 Million of its 5.000% Senior Notes due 2026
finance.yahoo.com - April 17 at 6:57 PM
americanbankingnews.com logoSteel Dynamics, Inc. (STLD) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - April 17 at 8:04 AM
americanbankingnews.com logoSteel Dynamics (STLD) Earning Somewhat Negative Media Coverage, Study Shows
www.americanbankingnews.com - April 16 at 11:03 AM
americanbankingnews.com logoSteel Dynamics, Inc. (STLD) Short Interest Down 33.4% in March
www.americanbankingnews.com - April 14 at 10:20 AM
finance.yahoo.com logoSteel Stocks Hit Hard as DOC Ruling on Imports Disappoints
finance.yahoo.com - April 13 at 7:53 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Somewhat Likely to Effect Steel Dynamics (STLD) Share Price
www.americanbankingnews.com - April 13 at 5:03 PM
finance.yahoo.com logoHow US Steel Production Has Been Impacting Cliffs
finance.yahoo.com - April 11 at 9:25 AM
finance.yahoo.com logoWill Steel Dynamics Still Be Wall Street’s Favorite Steel Stock?
finance.yahoo.com - April 10 at 7:33 PM
finance.yahoo.com logoThis 'Explosive' Protectionist Signal From Trump Looks Like A Dud
finance.yahoo.com - April 10 at 7:33 PM
finance.yahoo.com logoSteel Dynamics Announces First Quarter 2017 Earnings Conference Call and Webcast
finance.yahoo.com - April 7 at 12:47 PM
americanbankingnews.com logoSteel Dynamics, Inc. (STLD) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 4 at 10:28 PM
finance.yahoo.com logoSteel Dynamics Applauds Executive Order on Improving Duty Collection
finance.yahoo.com - April 3 at 7:47 PM
bizjournals.com logoSteel & Iron Stocks on Investors' Radar -- Steel Dynamics, Nucor, Worthington Industries, and TimkenSteel
www.bizjournals.com - March 31 at 8:21 PM
us.rd.yahoo.com logoIs Steel Dynamics a Great Stock for Value Investors?
us.rd.yahoo.com - March 30 at 8:29 PM
capitalcube.com logoSteel Dynamics, Inc. : STLD-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : March 29, 2017
us.rd.yahoo.com - March 30 at 2:05 AM
americanbankingnews.com logoJPMorgan Chase & Co. Boosts Steel Dynamics, Inc. (STLD) Price Target to $44.00
www.americanbankingnews.com - March 28 at 10:41 AM
investorplace.com logoUnited States Steel Corporation (X) Stock Hammered by … Healthcare?
investorplace.com - March 27 at 7:14 PM

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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, March 16th. Stockholders of record on Friday, March 31st will be given a dividend of $0.155 per share on Monday, April 10th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Wednesday, March 29th. This is an increase from Steel Dynamics's previous quarterly dividend of $0.14.

How were Steel Dynamics' earnings last quarter?

Steel Dynamics, Inc. (NASDAQ:STLD) issued its quarterly earnings data on Wednesday, April, 19th. The company reported $0.82 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.79 by $0.03. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.19 billion. Steel Dynamics had a return on equity of 17.30% and a net margin of 4.91%. The business's quarterly revenue was up 36.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.

When will Steel Dynamics make its next earnings announcement?

Steel Dynamics is scheduled to release their next quarterly earnings announcement on Monday, July, 17th 2017.

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

Steel Dynamics issued an update on its first quarter earnings guidance on Friday, March, 17th. The company provided earnings per share guidance of $0.77-0.81 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.62.

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

14 brokers have issued twelve-month target prices for Steel Dynamics' shares. Their predictions range from $24.00 to $48.00. On average, they expect Steel Dynamics' share price to reach $38.71 in the next twelve months.

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. " (4/27/2017)
  • 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 decrease in short interest during the month of March. As of March 31st, there was short interest totalling 7,427,109 shares, a decrease of 33.4% from the March 15th total of 11,153,386 shares. Based on an average trading volume of 2,943,119 shares, the days-to-cover ratio is currently 2.5 days. Currently, 3.2% of the company's shares are sold short.

Who owns Steel Dynamics stock?

Steel Dynamics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (1.45%), Peregrine Capital Management LLC (0.28%), KAMES CAPITAL plc (0.28%), Nationwide Fund Advisors (0.26%), Retirement Systems of Alabama (0.24%) and Acadian Asset Management LLC (0.18%). Company insiders that own Steel Dynamics stock include John C Bates, Jurgen Dr Kolb, Keith E Busse and Richard P Teets Jr.

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 Acadian Asset Management LLC, Retirement Systems of Alabama, Waverton Investment Management Ltd, Russell Investments Group Ltd., Monarch Capital Management Inc., Mesirow Financial Investment Management Equity Management, Highland Capital Management LLC and Koshinski Asset Management Inc.. Company insiders that have sold Steel Dynamics stock in the last year include Jurgen Dr Kolb, Keith E Busse and Richard P Teets Jr.

Who bought Steel Dynamics stock? Who is buying Steel Dynamics stock?

Steel Dynamics' stock was bought by a variety of institutional investors in the last quarter, including Boston Advisors LLC, Bank of Montreal Can, Nationwide Fund Advisors, Hennessy Advisors Inc., Janney Montgomery Scott LLC, DUPONT CAPITAL MANAGEMENT Corp, Glen Harbor Capital Management LLC and Cornerstone Financial Partners LLC.

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.

How much does a share of Steel Dynamics stock cost?

One share of Steel Dynamics stock can currently be purchased for approximately $36.28.

Steel Dynamics (STLD) Chart for Friday, April, 28, 2017

This page was last updated on 4/28/2017 by MarketBeat.com Staff