NASDAQ:STLD Steel Dynamics - STLD Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Steel Dynamics, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $123.51 -4.67 (-3.64%) (As of 02/6/2023 12:00 AM ET) Add Compare Share Share Today's Range$122.47▼$128.1750-Day Range$95.17▼$128.1852-Week Range$56.86▼$132.50Volume1.74 million shsAverage Volume1.79 million shsMarket Capitalization$21.68 billionP/E Ratio5.94Dividend Yield1.06%Price Target$107.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Steel Dynamics MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside12.8% Downside$107.67 Price TargetShort InterestHealthy3.25% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.19Upright™ Environmental ScoreNews Sentiment0.73Based on 11 Articles This WeekInsider TradingSelling Shares$272,250 Sold Last QuarterProj. Earnings Growth-23.94%From $11.61 to $8.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.46 out of 5 starsBasic Materials Sector44th out of 156 stocksBlast Furnaces & Steel Mills Industry2nd out of 12 stocks 2.2 Analyst's Opinion Consensus RatingSteel Dynamics has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $107.67, Steel Dynamics has a forecasted downside of 12.8% from its current price of $123.51.Amount of Analyst CoverageSteel Dynamics has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.25% of the float of Steel Dynamics has been sold short.Short Interest Ratio / Days to CoverSteel Dynamics has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Steel Dynamics has recently decreased by 3.25%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend YieldSteel Dynamics pays a meaningful dividend of 1.06%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSteel Dynamics has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Steel Dynamics is 6.54%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Steel Dynamics will have a dividend payout ratio of 15.40% next year. This indicates that Steel Dynamics will be able to sustain or increase its dividend. Previous Next 1.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSteel Dynamics has received a -39.27% net impact score from Upright. The largest negative impact of Steel Dynamics in category "GHG emissions" seems to be driven mostly by its "Recycled steel", "Stainless steel", and "Copper wire" products. See details.Environmental SustainabilityThe Environmental Impact score for Steel Dynamics is -3.19. Previous Next 3.7 News and Social Media Coverage News SentimentSteel Dynamics has a news sentiment score of 0.73. 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 0.38 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Steel Dynamics this week, compared to 5 articles on an average week.Search Interest44 people have searched for STLD on MarketBeat in the last 30 days. This is an increase of 120% compared to the previous 30 days.MarketBeat Follows23 people have added Steel Dynamics to their MarketBeat watchlist in the last 30 days. This is an increase of 130% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $272,250.00 in company stock.Percentage Held by InsidersOnly 5.40% of the stock of Steel Dynamics is held by insiders.Percentage Held by Institutions79.54% of the stock of Steel Dynamics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Steel Dynamics are expected to decrease by -23.94% in the coming year, from $11.61 to $8.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Steel Dynamics is 5.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Steel Dynamics is 5.94, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 99.52.Price to Book Value per Share RatioSteel Dynamics has a P/B Ratio of 2.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Steel Dynamics (NASDAQ:STLD) StockSteel Dynamics, Inc. engages in the manufacture of steel products and metal recycling. It operates through the following segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment consists of sheet products including hot roll, cold roll, and coated steel, long products including structural steel beams, pilings, and standard and premium grade rail, and steel finishing services such as turning, polishing, straightening, chamfering, threading, and precision saw-cutting. The Metals Recycling Operations segment provides ferrous and non-ferrous scrap recycling, scrap management, transportation, and brokerage products and services. The Steel Fabrication Operations segment offers steel joists, girders, and steel deck, including specialty deck. The company was founded by Keith E. Busse, Mark D. Millett, Richard P. Teets, and John C. Bates in 1993 and is headquartered in Fort Wayne, IN.Read More Receive STLD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Steel Dynamics and its competitors with MarketBeat's FREE daily newsletter. Email Address STLD Stock News HeadlinesFebruary 6, 2023 | finance.yahoo.comMethanex's (MEOH) Earnings and Sales Surpass Estimates in Q4February 3, 2023 | msn.comU.S. Steel's (X) Earnings and Revenues Top Estimates in Q4February 6, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...February 2, 2023 | finance.yahoo.comU.S. Steel Stock Rallies On Earnings Beat, As Industry Powers UpFebruary 2, 2023 | finance.yahoo.comU.S. Steel Stock Bases Ahead Of Earnings, As Industry ReboundsFebruary 1, 2023 | nasdaq.comHere is What to Know Beyond Why Steel Dynamics, Inc. (STLD) is a Trending StockFebruary 1, 2023 | americanbankingnews.comSteel Dynamics, Inc. (NASDAQ:STLD) Receives Consensus Recommendation of "Hold" from AnalystsFebruary 1, 2023 | americanbankingnews.comMorgan Stanley Boosts Steel Dynamics (NASDAQ:STLD) Price Target to $93.00February 6, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 31, 2023 | americanbankingnews.comBMO Capital Markets Boosts Steel Dynamics (NASDAQ:STLD) Price Target to $120.00January 30, 2023 | markets.businessinsider.comMorgan Stanley Reaffirms Their Hold Rating on Steel Dynamics (STLD)January 30, 2023 | markets.businessinsider.comSteel Dynamics (STLD): New Buy Recommendation for This Basic Materials GiantJanuary 28, 2023 | americanbankingnews.comSteel Dynamics (NASDAQ:STLD) Cut to Neutral at The Goldman Sachs GroupJanuary 28, 2023 | americanbankingnews.comFY2023 EPS Estimates for Steel Dynamics, Inc. Raised by KeyCorp (NASDAQ:STLD)January 27, 2023 | finance.yahoo.comSteel Dynamics Full Year 2022 Earnings: In Line With ExpectationsJanuary 26, 2023 | marketwatch.comReminder: Steel Dynamics Announces Fourth Quarter and Full-Year 2022 Earnings Conference Call and WebcastJanuary 26, 2023 | msn.comNucor, Steel Dynamics surge as upbeat outlooks point to steel turnaroundJanuary 26, 2023 | seekingalpha.comSteel Dynamics, Inc. (STLD) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | finance.yahoo.comDow (DOW) Misses Q4 Earnings Estimates, Targets $1B Cost SavingsJanuary 26, 2023 | finance.yahoo.comIs Nexa Resources (NEXA) Outperforming Other Basic Materials Stocks This Year?January 26, 2023 | finance.yahoo.comNucor's (NUE) Earnings and Revenues Surpass Estimates in Q4January 26, 2023 | seekingalpha.comSteel Dynamics Q4 Earnings: Smashed It, Buy It While It Is CheapJanuary 25, 2023 | finance.yahoo.comSteel Dynamics Reports Fourth Quarter and Record Annual 2022 ResultsJanuary 25, 2023 | msn.comSteel Dynamics Non-GAAP EPS of $4.37 beats by $0.73, revenue of $4.83B beats by $60MJanuary 25, 2023 | markets.businessinsider.comSteel Dynamics Q4 Profit Decreases, but beats estimatesJanuary 25, 2023 | finance.yahoo.comSteel Dynamics (STLD) Q4 Earnings and Revenues Surpass EstimatesJanuary 25, 2023 | msn.comHere's How Much $1000 Invested In Steel Dynamics 20 Years Ago Would Be Worth TodaySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive STLD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Steel Dynamics and its competitors with MarketBeat's FREE daily newsletter. Email Address STLD Company Calendar Ex-Dividend for 1/13 Dividend12/30/2022Dividend Payable1/13/2023Last Earnings1/25/2023Today2/06/2023Next Earnings (Estimated)4/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Blast furnaces & steel mills Sub-IndustrySteel SectorBasic Materials Current SymbolNASDAQ:STLD CUSIP85811910 CIK1022671 Webwww.steeldynamics.com Phone(260) 969-3500Fax260-969-3590Employees10,640Year Founded1993Price Target and Rating Average Stock Price Forecast$107.67 High Stock Price Forecast$120.00 Low Stock Price Forecast$93.00 Forecasted Upside/Downside-12.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$20.79 Trailing P/E Ratio5.94 Forward P/E Ratio10.64 P/E GrowthN/ANet Income$3.86 billion Net Margins17.35% Pretax Margin22.56% Return on Equity56.22% Return on Assets30.48% Debt Debt-to-Equity Ratio0.38 Current Ratio3.76 Quick Ratio2.22 Sales & Book Value Annual Sales$22.26 billion Price / Sales0.97 Cash Flow$25.15 per share Price / Cash Flow4.91 Book Value$45.08 per share Price / Book2.74Miscellaneous Outstanding Shares175,570,000Free Float166,090,000Market Cap$21.68 billion OptionableOptionable Beta1.51 Social Links Key ExecutivesMark D. MillettChairman, President & Chief Executive OfficerTheresa E. WaglerChief Financial Officer, Secretary & Executive VPRobert E. FrancisChief Information Officer & Vice PresidentRichard A. PoinsatteTreasurer, Vice President & Risk ManagerBrent A. RitenourVice President & ControllerKey CompetitorsUnited States SteelNYSE:XCommercial MetalsNYSE:CMCNucorNYSE:NUEPOSCONYSE:PKXArcelorMittalNYSE:MTView All CompetitorsInsiders & InstitutionsBanque Pictet & Cie SASold 221 shares on 2/6/2023Ownership: 0.007%Harvest Fund Management Co. LtdSold 974 shares on 2/6/2023Ownership: 0.002%Ieq Capital LLCSold 598 shares on 2/6/2023Ownership: 0.001%Washington Trust BankBought 2,280 shares on 2/6/2023Ownership: 0.001%Parallel Advisors LLCSold 90 shares on 2/6/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions STLD Stock - Frequently Asked Questions Should I buy or sell Steel Dynamics stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" STLD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STLD, but not buy additional shares or sell existing shares. View STLD analyst ratings or view top-rated stocks. What is Steel Dynamics' stock price forecast for 2023? 6 brokerages have issued 12 month target prices for Steel Dynamics' shares. Their STLD share price forecasts range from $93.00 to $120.00. On average, they expect the company's share price to reach $107.67 in the next year. This suggests that the stock has a possible downside of 13.0%. View analysts price targets for STLD or view top-rated stocks among Wall Street analysts. How have STLD shares performed in 2023? Steel Dynamics' stock was trading at $97.70 at the beginning of 2023. Since then, STLD stock has increased by 26.7% and is now trading at $123.77. View the best growth stocks for 2023 here. When is Steel Dynamics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023. View our STLD earnings forecast. How were Steel Dynamics' earnings last quarter? Steel Dynamics, Inc. (NASDAQ:STLD) announced its quarterly earnings results on Wednesday, January, 25th. The basic materials company reported $4.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.60 by $0.77. The basic materials company earned $4.83 billion during the quarter, compared to analyst estimates of $4.77 billion. Steel Dynamics had a trailing twelve-month return on equity of 56.22% and a net margin of 17.35%. The business's quarterly revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $5.78 earnings per share. How often does Steel Dynamics pay dividends? What is the dividend yield for Steel Dynamics? Steel Dynamics declared a quarterly dividend on Thursday, November 10th. Stockholders of record on Saturday, December 31st will be given a dividend of $0.34 per share on Friday, January 13th. This represents a $1.36 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Friday, December 30th. Read our dividend analysis for STLD. Is Steel Dynamics a good dividend stock? Steel Dynamics (NASDAQ:STLD) pays an annual dividend of $1.36 per share and currently has a dividend yield of 1.06%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 6.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STLD will have a dividend payout ratio of 15.40% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for STLD. How will Steel Dynamics' stock buyback program work? Steel Dynamics declared that its Board of Directors has approved a stock repurchase program on Thursday, November 10th 2022, which permits the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 8.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its stock is undervalued. What guidance has Steel Dynamics issued on next quarter's earnings? Steel Dynamics updated its fourth quarter 2022 earnings guidance on Friday, December, 16th. The company provided earnings per share guidance of $4.10-$4.14 for the period, compared to the consensus estimate of $3.84. The company issued revenue guidance of -. What is Mark Millet's approval rating as Steel Dynamics' CEO? 40 employees have rated Steel Dynamics Chief Executive Officer Mark Millet on Glassdoor.com. Mark Millet has an approval rating of 99% among the company's employees. This puts Mark Millet in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Steel Dynamics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Steel Dynamics investors own include AK Steel (AKS), Micron Technology (MU), Energy Transfer (ET), AT&T (T), Advanced Micro Devices (AMD), AbbVie (ABBV), NVIDIA (NVDA), Cisco Systems (CSCO), Hill-Rom (HRC) and JPMorgan Chase & Co. (JPM). What is Steel Dynamics' stock symbol? Steel Dynamics trades on the NASDAQ under the ticker symbol "STLD." Who are Steel Dynamics' major shareholders? Steel Dynamics' stock is owned by a variety of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.35%), AustralianSuper Pty Ltd (0.22%), Allspring Global Investments Holdings LLC (0.20%), Simplex Trading LLC (0.00%), Strs Ohio (0.14%) and New York State Common Retirement Fund (0.14%). Insiders that own company stock include Bradley S Seaman, Christopher A Graham, Gabriel Shaheen, Glenn Pushis, James C Marcuccilli, Keith E Busse, Mark D Millett, Miguel Alvarez, Russell B Rinn and Theresa E Wagler. View institutional ownership trends. How do I buy shares of Steel Dynamics? Shares of STLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Steel Dynamics' stock price today? One share of STLD stock can currently be purchased for approximately $123.77. How much money does Steel Dynamics make? Steel Dynamics (NASDAQ:STLD) has a market capitalization of $21.73 billion and generates $22.26 billion in revenue each year. The basic materials company earns $3.86 billion in net income (profit) each year or $20.79 on an earnings per share basis. How many employees does Steel Dynamics have? The company employs 10,640 workers across the globe. Does Steel Dynamics have any subsidiaries? The following companies are subsidiares of Steel Dynamics: Kentucky Electric Steel, Mesabi Nugget Delaware LLC, New Millennium Building Systems LLC, OmniSource Corporation, OmniSource LLC (f/k/a OmniSource Corporation), Roanoke Electric Steel Corporation, STLD Holdings Inc., Severstal, Steel Dynamics Columbus LLC, Steel Dynamics Enterprises Inc., Steel Dynamics Heartland LLC, Steel Dynamics Sales North America Inc., Steel of West Virginia Inc., The Techs Industries Inc., United Steel Supply LLC, Vulcan Threaded Products, and Vulcan Threaded Products Inc..Read More How can I contact Steel Dynamics? Steel Dynamics' mailing address is 7575 W JEFFERSON BLVD, FORT WAYNE IN, 46804. The official website for the company is www.steeldynamics.com. The basic materials company can be reached via phone at (260) 969-3500, via email at info@steeldynamics.com, or via fax at 260-969-3590. This page (NASDAQ:STLD) was last updated on 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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