Steel Dynamics (STLD) Stock Price, News & Analysis

Company Overview

Steel Dynamics, Inc. is a U.S.-based steel producer and metals recycler founded in 1993. The company operates electric-arc-furnace steel mills and produces flat-rolled, structural, engineered bar, merchant bar and rail products for customers across a range of industries.

Its businesses also include metals recycling, steel fabrication and aluminum operations. Through these activities, Steel Dynamics collects and processes scrap metal, manufactures steel components and supplies products used in construction, automotive manufacturing, energy and other markets.

Headquartered in Fort Wayne, Indiana, the company serves customers primarily in the United States and Mexico. Mark D. Millett, a company co-founder, serves as its chairman and chief executive officer.

Key Stats

• Today's Range: $229.02 to $239.68
• 50-Day Range: $221.61 to $253.53
• 52-Week Range: $151.21 to $288.74
• Volume: 699,941 shs
• Average Volume: 1.06 million shs
• Market Capitalization: $32.63 billion
• P/E Ratio: 16.93
• Dividend Yield: 0.92%
• Price Target: $276.83
• Consensus Rating: Moderate Buy

Steel Dynamics Stock Analysis - MarketRank™

Steel Dynamics scored higher than 100% of companies evaluated by MarketBeat, and ranked 2nd out of 229 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Steel Dynamics has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on no strong buy ratings, 9 buy ratings, 4 hold ratings, and no sell ratings.

Upside Potential

Steel Dynamics has a consensus price target of $276.83, representing about 20.7% upside from its current price of $229.43.

Amount of Analyst Coverage

Steel Dynamics has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 29.64%

Earnings Growth

Earnings for Steel Dynamics are expected to grow by 29.64% in the coming year, from $18.12 to $23.49 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Steel Dynamics is 16.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Steel Dynamics is 16.93, which means that it is trading at a less expensive P/E ratio than the Materials sector average P/E ratio of about 26.24.

Price to Earnings Growth Ratio

Steel Dynamics has a PEG Ratio of 0.34. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Steel Dynamics has a P/B Ratio of 3.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.82% of the float of Steel Dynamics has been sold short.

Short Interest Ratio / Days to Cover

Steel Dynamics has a short interest ratio ("days to cover") of 3.32, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Steel Dynamics has recently decreased by 3.77%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Steel Dynamics has a dividend yield of 0.89%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Steel Dynamics has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of Steel Dynamics is 15.65%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Steel Dynamics will have a dividend payout ratio of 9.03% next year. This indicates that Steel Dynamics will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.20

News Sentiment

Steel Dynamics has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for Steel Dynamics this week, compared to 7 articles on an average week.

Search Interest

Only 9 people have searched for STLD on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

8 people have added Steel Dynamics to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Steel Dynamics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,445,500.00 in company stock.

Percentage Held by Insiders

6.60% of the stock of Steel Dynamics is held by insiders.

Percentage Held by Institutions

82.41% of the stock of Steel Dynamics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 10/9 Dividend: 9/30/2026
• Ex-Dividend for 10/9 Dividend: 9/30/2026
• Dividend Payable: 10/09/2026
• Last Earnings: 10/20/2026
• Today: 11/15/2026
• Record date for 1/8 Dividend: 12/31/2026
• Ex-Dividend for 1/8 Dividend: 12/31/2026
• Fiscal Year End: 12/31/2026
• Dividend Payable: 1/08/2027
• Next Earnings (Estimated): 1/25/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Steel
• Current Symbol: NASDAQ:STLD
• CIK: 1022671
• Web: www.steeldynamics.com
• Phone: (260) 969-3500
• Fax: 260-969-3590
• Employees: 14,400
• Year Founded: 1993

Price Target and Rating

• Average Price Target for Steel Dynamics: $276.83
• High Price Target: $310.00
• Low Price Target: $255.00
• Potential Upside/Downside: +20.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.69
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $13.55
• Trailing P/E Ratio: 16.93
• Forward P/E Ratio: 9.77
• P/E Growth: 0.34
• Net Income: $1.19 billion
• Net Margins: 8.82%
• Pretax Margin: 11.19%
• Return on Equity: 21.57%
• Return on Assets: 11.61%

Debt

• Debt-to-Equity Ratio: 0.43
• Current Ratio: 3.14
• Quick Ratio: 1.48

Sales & Book Value

• Annual Sales: $18.18 billion
• Price / Sales: 1.80
• Cash Flow: $11.51 per share
• Price / Cash Flow: 19.93
• Book Value: $67.76 per share
• Price / Book: 3.39

Miscellaneous

• Outstanding Shares: 142,220,000
• Free Float: 132,831,000
• Market Cap: $32.63 billion
• Optionable: Optionable
• Beta: 1.45