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 & Iron
  • Sub-Industry: Steel
  • Symbol: NASDAQ:STLD
  • CUSIP: 85811910
  • Web:
  • Market Cap: $8.15 billion
  • Outstanding Shares: 241,787,000
Average Prices:
  • 50 Day Moving Avg: $34.88
  • 200 Day Moving Avg: $35.41
  • 52 Week Range: $22.79 - $40.17
  • Trailing P/E Ratio: 15.92
  • Foreward P/E Ratio: 11.13
  • P/E Growth: 0.52
Sales & Book Value:
  • Annual Revenue: $8.4 billion
  • Price / Sales: 0.97
  • Book Value: $12.54 per share
  • Price / Book: 2.69
  • Annual Dividend: $0.56
  • Dividend Yield: 1.8%
  • EBIDTA: $1.36 billion
  • Net Margins: 4.91%
  • Return on Equity: 17.30%
  • Return on Assets: 7.18%
  • Debt-to-Equity Ratio: 0.85%
  • Current Ratio: 4.11%
  • Quick Ratio: 2.32%
  • Average Volume: 3.00 million shs.
  • Beta: 1.35
  • Short Ratio: 3.8

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. Investors of record on Friday, March 31st will be paid a dividend of $0.155 per share on Monday, April 10th. This represents a $0.62 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Wednesday, March 29th. This is a boost from Steel Dynamics's previous quarterly dividend of $0.14. View Steel Dynamics' Dividend History.

How were Steel Dynamics' earnings last quarter?

Steel Dynamics, Inc. (NASDAQ:STLD) posted its quarterly earnings data on Wednesday, April, 19th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.79 by $0.03. The business had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.19 billion. Steel Dynamics had a net margin of 4.91% and a return on equity of 17.30%. The business's revenue was up 36.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.26 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 Monday, July, 17th 2017. View Earnings Estimates for Steel Dynamics.

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

Steel Dynamics updated its first quarter earnings guidance on Friday, March, 17th. The company provided earnings per share (EPS) 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 1 year target prices for Steel Dynamics' stock. Their predictions range from $24.00 to $48.00. On average, they anticipate Steel Dynamics' share price to reach $38.93 in the next twelve months. 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. " (5/25/2017)
  • 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 variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.79%), BlackRock Inc. (8.27%), Boston Partners (6.03%), State Street Corp (3.11%), FMR LLC (2.27%) and Bank of New York Mellon Corp (1.84%). Company insiders that own Steel Dynamics stock include John C Bates, 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 Renaissance Technologies LLC, Dimensional Fund Advisors LP, AQR Capital Management LLC, Acadian Asset Management LLC, British Airways Pensions Investment Management Ltd, Retirement Systems of Alabama, Point72 Asset Management L.P. and Mackenzie Financial Corp. Company insiders that have sold Steel Dynamics stock in the last year include Jurgen Dr Kolb, 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, Steadfast Capital Management LP, Los Angeles Capital Management & Equity Research Inc., Principal Financial Group Inc., Bank of New York Mellon Corp, Vanguard Group Inc. and BW Gestao de Investimentos Ltda.. 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 $33.71.

MarketBeat Community Rating for Steel Dynamics (NASDAQ STLD)
Community Ranking:  3.5 out of 5 (   )
Outperform Votes:  508 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  716
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) (?)
Ratings Breakdown: 2 Hold Ratings, 12 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $38.93 (15.48% upside)

Analysts' Ratings History for Steel Dynamics (NASDAQ:STLD)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/24/2017Credit Suisse Group AGUpgradeNeutral -> 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
4/24/2017Cowen 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
1/20/2017Citigroup IncReiterated RatingBuy$30.00 -> $43.00N/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 5/29/2015 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
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: $3.03
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.49$0.81$0.65
Q2 20172$0.78$1.07$0.93
Q3 20171$0.81$0.81$0.81
Q4 20171$0.64$0.64$0.64
(Data provided by Zacks Investment Research)


Current Dividend Information for Steel Dynamics (NASDAQ:STLD)
Most Recent Dividend:4/10/2017
Annual Dividend:$0.56
Dividend Yield:1.66%
Payout Ratio:35.90% (Trailing 12 Months of Earnings)
18.48% (Based on This Year's Estimates)
18.48% (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: 4.10%
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)


Headline Trends for Steel Dynamics (NASDAQ:STLD)
Latest Headlines for Steel Dynamics (NASDAQ:STLD)
DateHeadline logoSteel Dynamics, Inc. (STLD) Stock Rating Reaffirmed by Barclays PLC - May 28 at 10:48 PM logoSteel Dynamics, Inc. (STLD) Receives Consensus Rating of "Buy" from Brokerages - May 27 at 12:46 AM logo[$$] 5 Reasons American Steel Stocks Will Rise - May 26 at 7:22 AM logoSteel Dynamics, Inc. (STLD) Stock Rating Lowered by Zacks Investment Research - May 25 at 7:30 AM logoSteel Stocks Could Soar: Nucor, Steel Dynamics, and U.S. Steel Upgraded - May 24 at 3:49 PM logoSteel Dynamics, Inc. (STLD) Rating Increased to Outperform at Credit Suisse Group AG - May 24 at 12:46 PM logoSteel Stocks to Stay Hot as Fundamentals Stay Strong: 4 to Buy Now - May 24 at 9:08 AM logoSteel Dynamics, Inc. breached its 50 day moving average in a Bullish Manner : STLD-US : May 24, 2017 - May 24 at 9:08 AM logoSteel Stocks Were Dismal in 1Q17: Will 2Q17 Be Any Better? - May 23 at 7:25 PM logoU.S. Steel Corporation Continued to Lose Ground - May 23 at 7:25 PM logoSteel Stocks Jump As Investors Bet Team Trump May Telegraph Import Moves at Wed. Hearing - May 23 at 7:25 PM logoBenzinga's Option Alert Recap From May 23 - May 23 at 5:18 PM logo2 Top Steel Stocks to Consider Buying in 2017 - May 20 at 11:46 AM logoSteel Dynamics, Inc. (STLD) Stock Rating Upgraded by Zacks Investment Research - May 20 at 7:08 AM logoThe 2 Best Dividend Stocks in Steel - May 18 at 7:14 AM logoU.S. finds Japanese, Turkish rebar exports dumped - May 16 at 8:00 PM logoSteel Dynamics, Inc. (STLD) Expected to Announce Quarterly Sales of $2.5 Billion - May 14 at 9:44 AM logoSteel Dynamics, Inc. (STLD) Expected to Post Earnings of $0.88 Per Share - May 12 at 12:30 PM logoHow Much Upside Does ArcelorMittal Have? - May 11 at 10:03 PM logoBehind ArcelorMittal’s 1Q17 Call: What the Market Is Eager to Hear - May 10 at 10:33 AM logoSteel Dynamics, Inc. breached its 50 day moving average in a Bearish Manner : STLD-US : May 10, 2017 - May 10 at 10:33 AM logoZacks Industry Outlook Highlights: Nucor, Commercial Metals, United States Steel, ArcelorMittal and Steel Dynamics - May 8 at 10:55 AM logoZacks Industry Outlook Highlights: Steel Dynamics, United States Steel, ArcelorMittal, AK Steel Holding and Nucor - May 8 at 10:55 AM logoSteel Dynamics' (STLD) "Buy" Rating Reaffirmed at Barclays PLC - May 6 at 7:24 AM logoA Grind Ahead for the Steel Industry - May 5 at 10:56 PM logobest & worst of the US steel producers - May 5 at 10:56 PM logoSteel Dynamics, Inc. Expected to Post Q2 2017 Earnings of $0.78 Per Share (STLD) - May 5 at 7:44 AM logoSomewhat Favorable News Coverage Very Likely to Affect Steel Dynamics (STLD) Share Price - May 4 at 9:14 PM logoAre AK Steel and Nucor Staring at an Import Tsunami in 2017? - May 4 at 10:46 AM logoKey Highlights from Cliffs Natural Resources’ 1Q17 Results - May 3 at 10:35 AM logoSteel Dynamics, Inc. (STLD) Receives Average Recommendation of "Buy" from Analysts - May 2 at 12:28 AM logoSteel Dynamics (STLD) Getting Somewhat Positive News Coverage, Analysis Shows - May 1 at 7:18 PM logoSteel Dynamics (STLD) Given Daily Media Sentiment Score of 0.09 - April 28 at 5:08 PM logoWhat’s Really to Blame for U.S. Steel’s 1Q17 Miss? - April 28 at 3:47 PM logoU.S. Steel’s 1Q17 Loss: Behind the Key Drivers - April 28 at 3:47 PM logoSteel Dynamics, Inc. (STLD) Lifted to Buy at Zacks Investment Research - April 27 at 7:30 AM logoAK Steel’s Nightmarish Year Continues after Its 1Q17 Earnings - April 26 at 4:27 PM logoDow 30 Eases; This Leisure Group Is Rising; 2 Steel Stocks Show Resilience - April 26 at 4:27 PM logoNo. 1 Steel Stock With 258% EPS Growth May Forge New Breakout - April 25 at 7:00 PM logoSteel Dynamics, Inc. – Value Analysis (NASDAQ:STLD) : April 25, 2017 - April 25 at 7:00 PM logoWhy AK Steel Stock Plummeted 10% on Tuesday - April 25 at 7:00 PM logoSteel Dynamics (STLD) Receives Daily News Impact Score of 0.42 - April 25 at 11:12 AM logoFactors That Could Drive Cliffs Natural Resources’s Valuation in 2017 - April 25 at 9:36 AM logoSteel Dynamics, Inc. (STLD) Upgraded to "Outperform" at Macquarie - April 24 at 8:52 PM logoThe Big Upgrade That Is Driving Steel Stocks - April 24 at 6:27 PM logoBMO Capital Markets Reaffirms "Buy" Rating for Steel Dynamics, Inc. (STLD) - April 24 at 3:44 PM logoSteel Dynamics' (STLD) Outperform Rating Reiterated at Cowen and Company - April 24 at 3:02 PM logoSteel Stocks Win Upgrades Amid Earnings: What You Need to Know - April 24 at 12:34 PM logoTrump's America to Win as China Stumbles, Steel Veteran Says - April 24 at 11:18 AM logoSteel Rallies on Trump Memo, but Our Outlook Is Still Negative - April 24 at 11:18 AM



Steel Dynamics (STLD) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by Staff