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: $8.02734 billion
  • Outstanding Shares: 241,787,000
Average Prices:
  • 50 Day Moving Avg: $34.61
  • 200 Day Moving Avg: $35.48
  • 52 Week Range: $22.79 - $40.17
  • Trailing P/E Ratio: 15.68
  • Foreward P/E Ratio: 11.69
  • P/E Growth: 0.55
Sales & Book Value:
  • Annual Revenue: $8.4 billion
  • Price / Sales: 1.01
  • Book Value: $12.54 per share
  • Price / Book: 2.79
  • Annual Dividend: $0.62
  • Dividend Yield: 1.9%
  • EBIDTA: $1.36 billion
  • Net Margins: 6.19%
  • Return on Equity: 21.77%
  • Return on Assets: 9.17%
  • Debt-to-Equity Ratio: 0.82%
  • Current Ratio: 3.68%
  • Quick Ratio: 2.14%
  • Average Volume: 3.24 million shs.
  • Beta: 1.29
  • Short Ratio: 2.44

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 announced a quarterly dividend on Thursday, June 15th. Shareholders 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 yield of 1.77%. 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) announced its earnings results on Wednesday, April, 19th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.03. The business earned $2.37 billion during the quarter, compared to analysts' expectations of $2.19 billion. Steel Dynamics had a net margin of 6.19% and a return on equity of 21.77%. The business's revenue was up 36.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 earnings per share. 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 second quarter earnings guidance on Friday, June, 16th. The company provided EPS guidance of $0.60-0.64 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.85.

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

15 brokerages have issued 12 month price objectives for Steel Dynamics' shares. Their predictions range from $24.00 to $48.00. On average, they expect Steel Dynamics' stock price to reach $39.07 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. " (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)

Are investors shorting Steel Dynamics?

Steel Dynamics saw a increase in short interest in May. As of May 15th, there was short interest totalling 8,393,916 shares, an increase of 10.9% from the April 28th total of 7,571,647 shares. Based on an average daily trading volume, of 2,767,764 shares, the short-interest ratio is currently 3.0 days.

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 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 acquired 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 $34.94.

MarketBeat Community Rating for Steel Dynamics (NASDAQ STLD)
Community Ranking:  3.5 out of 5 (   )
Outperform Votes:  519 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  737
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: $39.07 (11.82% upside)

Analysts' Ratings History for Steel Dynamics (NASDAQ:STLD)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/26/2017Jefferies Group LLCReiterated RatingBuy$45.00LowView Rating Details
6/24/2017Deutsche Bank AGReiterated RatingBuyLowView Rating Details
6/19/2017Berenberg BankReiterated RatingBuy$46.00HighView Rating Details
6/19/2017Longbow ResearchUpgradeNeutral -> BuyMediumView 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
4/24/2017Cowen and CompanyBoost Price TargetOutperform$41.00 -> $42.00LowView 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
10/26/2016Bank of America CorporationUpgradeNeutral -> 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 CorporationInitiated CoverageBuy$24.00N/AView Rating Details
(Data available from 6/29/2015 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: $3.02
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.49$0.81$0.65
Q2 20172$0.76$1.07$0.92
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)
Next Dividend:7/7/2017
Annual Dividend:$0.62
Dividend Yield:1.77%
Payout Ratio:29.25% (Trailing 12 Months of Earnings)
21.38% (Based on This Year's Estimates)
20.74% (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: 83.62%
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 logoSynalloy Corporation (SYNL) vs. Steel Dynamics (STLD) Head to Head Comparison - June 27 at 8:12 PM logoSteel Dynamics, Inc. (STLD) Ex-Dividend Date Scheduled for June 28, 2017 - Nasdaq - June 27 at 8:06 PM logoSteel stocks rise on speculation Trump administration's industry report will lead to China tariff - June 27 at 8:06 PM logoSteel Stocks on Fire: Do Indicators Support the Optimism? - June 27 at 8:06 PM logoSteel Stock With 360% Earnings Growth Tests Its Mettle - June 27 at 8:44 AM logoJefferies Group LLC Reaffirms Buy Rating for Steel Dynamics, Inc. (STLD) - June 26 at 4:36 PM logoChina Gerui Adv Mtals Grp (CHOP) and Steel Dynamics (STLD) Head-To-Head Survey - June 24 at 7:46 AM logoAnalyst Perspective: How Much Upside Does Steel Dynamics Have? - June 24 at 7:02 AM logoSteel Dynamics (STLD) & Nucor Corporation (NUE) Head to Head Survey - June 23 at 8:20 AM logoSteel Dynamics (STLD) Provides Earnings Guidance for Q2 - Nasdaq - June 22 at 11:59 PM logoHow To YieldBoost Steel Dynamics From 1.9% To 20.3% Using Options - June 22 at 6:58 PM logoSteel Stocks Turn Positive on Improved Price Outlook - June 21 at 5:57 AM logoSteel Dynamics, Inc. (STLD) Receives Consensus Recommendation of "Buy" from Brokerages - June 21 at 12:38 AM logoBerenberg Bank Reaffirms "Buy" Rating for Steel Dynamics, Inc. (STLD) - June 19 at 1:32 PM logoSteel Dynamics, Inc. (STLD) Lifted to Buy at Longbow Research - June 19 at 12:20 PM logoSteel Stocks Could Have Up to 50% Upside - June 19 at 9:22 AM logoSteel Dynamics (STLD) Sees Q2 EPS of $0.60-$0.64 - - June 18 at 7:19 PM logoSteel Dynamics guides Q2 earnings below consensus - Seeking Alpha - June 18 at 7:19 PM logoBidaskClub Lowers Steel Dynamics, Inc. (STLD) to Sell - June 17 at 4:12 PM logoU.S. finds harm from Japan, Turkey rebar imports, duties to remain - June 17 at 6:24 AM logoSteel Dynamics, Inc. (STLD) Releases Q2 Earnings Guidance - June 16 at 8:49 AM logoFY2017 EPS Estimates for Steel Dynamics, Inc. Cut by KeyCorp (STLD) - June 16 at 8:25 AM logoInvestors Buy High Volume of Steel Dynamics Put Options (STLD) - June 16 at 8:09 AM logoStock Traders Purchase High Volume of Steel Dynamics Call Options (STLD) - June 16 at 8:08 AM logoSteel Dynamics Sees Q2 EPS Below View; Stock Down - June 15 at 11:01 PM logoSteel Dynamics Provides Second Quarter 2017 Guidance and Announces Second Quarter 2017 Cash Dividend - June 15 at 11:01 PM logoSteel Dynamics, Inc. (STLD) to Issue $0.16 Quarterly Dividend - June 15 at 10:08 PM logoSteel Dynamics, Inc. to Post Q2 2017 Earnings of $0.76 Per Share, KeyCorp Forecasts (STLD) - June 15 at 7:50 AM logoTrump’s Trade Policies: Will We See US Steel Versus Apple? - June 12 at 7:30 PM logoUS Steel Industry Outlook: Do Positives Outweigh Negatives? - June 12 at 7:30 PM logo[$$] Trump’s Steel-Trapped Minds - June 11 at 8:12 PM logo Brokerages Anticipate Steel Dynamics, Inc. (STLD) Will Post Quarterly Sales of $2.50 Billion - June 10 at 8:46 AM logoFalling Raw Material Prices: A Problem for US Steelmakers? - June 10 at 1:38 AM logoSteel Dynamics, Inc. breached its 50 day moving average in a Bullish Manner : STLD-US : June 9, 2017 - June 10 at 1:38 AM logoETFs with exposure to Steel Dynamics, Inc. : June 9, 2017 - June 10 at 1:38 AM logoSteel Dynamics, Inc. :STLD-US: Earnings Analysis: Q1, 2017 By the Numbers : June 8, 2017 - June 9 at 1:03 AM logoWhile All Eyes Were On Comey, Here's How The White House Boosted Steel - June 9 at 1:03 AM logo$0.86 Earnings Per Share Expected for Steel Dynamics, Inc. (STLD) This Quarter - June 8 at 2:20 PM logoU.S. Steel: Things Fall Apart? - June 7 at 8:04 PM logoSteel Dynamics, Inc. (STLD) Sees Large Increase in Short Interest - June 7 at 8:30 AM logoSteel Investors Are Most Bearish on These Stocks - June 6 at 11:18 PM logoSteel Stock With 258% Growth Is Testing Its Mettle - May 31 at 12:14 PM logoSteel Dynamics, Inc. (STLD) Stock Rating Reaffirmed by Barclays PLC - May 28 at 10:48 PM logoSteel Dynamics, Inc. (STLD) Receives Consensus Rating of "Buy" from Brokerages - May 27 at 12:46 AM logo[$$] 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



Steel Dynamics (STLD) Chart for Thursday, June, 29, 2017

This page was last updated on 6/29/2017 by Staff