NASDAQ:STLD - Steel Dynamics Stock Price, News, & Analysis

Steel Dynamics trades on the NASDAQ under the ticker symbol "STLD."

Steel Dynamics announced a quarterly dividend on Tuesday, November 20th. Investors of record on Monday, December 31st will be given a dividend of $0.1875 per share on Friday, January 11th. This represents a $0.75 annualized dividend and a yield of 2.32%. The ex-dividend date is Friday, December 28th. View Steel Dynamics' Dividend History.

Steel Dynamics announced that its Board of Directors has authorized a stock buyback program on Tuesday, September 4th 2018, which authorizes the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

Steel Dynamics, Inc. (NASDAQ:STLD) released its quarterly earnings results on Wednesday, October, 17th. The basic materials company reported $1.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.65 by $0.04. The basic materials company had revenue of $3.22 billion for the quarter, compared to the consensus estimate of $3.14 billion. Steel Dynamics had a net margin of 11.49% and a return on equity of 31.96%. The company's revenue was up 31.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.66 earnings per share. View Steel Dynamics' Earnings History.

Steel Dynamics is scheduled to release their next quarterly earnings announcement on Monday, January 28th 2019. View Earnings Estimates for Steel Dynamics.

Steel Dynamics issued an update on its third quarter earnings guidance on Tuesday, September, 18th. The company provided earnings per share (EPS) guidance of $1.64-1.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.70.

13 Wall Street analysts have issued 1-year price targets for Steel Dynamics' stock. Their predictions range from $36.00 to $60.00. On average, they anticipate Steel Dynamics' stock price to reach $52.5833 in the next year. This suggests a possible upside of 62.4% from the stock's current price. View Analyst Price Targets for Steel Dynamics.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Steel Dynamics.

Media headlines about STLD stock have trended positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Steel Dynamics earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days.

Some companies that are related to Steel Dynamics include ArcelorMittal (MT), POSCO (PKX), SUMITOMO CORP/S (SSUMY), Nucor (NUE), Tenaris (TS), EVRAZ (EVRZF), Ternium (TX), United States Steel (X), APERAM/SH N Y REGISTRY SH (APEMY), Commercial Metals (CMC), Carpenter Technology (CRS), USINAS SIDERURG/S (USNZY), AK Steel (AKS), SunCoke Energy (SXC) and SunCoke Energy Partners (SXCP).

Steel Dynamics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.85%), Vanguard Group Inc. (9.30%), FMR LLC (2.62%), Steadfast Capital Management LP (1.51%), Bank of New York Mellon Corp (1.39%) and Standard Life Aberdeen plc (1.13%). Company insiders that own Steel Dynamics stock include Christopher A Graham, Jurgen Dr Kolb, Keith E Busse, Richard P Teets Jr and Theresa E Wagler. View Institutional Ownership Trends for Steel Dynamics.

STLD stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, AQR Capital Management LLC, KAMES CAPITAL plc, TIAA CREF Investment Management LLC, FMR LLC, Mitsubishi UFJ Trust & Banking Corp, Deutsche Bank AG and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold Steel Dynamics company stock in the last year include Christopher A Graham, Jurgen Dr Kolb, Keith E Busse and Theresa E Wagler. View Insider Buying and Selling for Steel Dynamics.

STLD stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Legal & General Group Plc, Prudential Financial Inc., Marshall Wace LLP, Glenmede Trust Co. NA, Janus Henderson Group PLC and Ashler Capital LLC. View Insider Buying and Selling for Steel Dynamics.

Shares of STLD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of STLD stock can currently be purchased for approximately $32.37.

Steel Dynamics has a market capitalization of $7.42 billion and generates $9.54 billion in revenue each year. The basic materials company earns $812.74 million in net income (profit) each year or $2.65 on an earnings per share basis. Steel Dynamics employs 7,635 workers across the globe.

The official website for Steel Dynamics is http://www.steeldynamics.com.

Steel Dynamics' mailing address is 7575 W JEFFERSON BLVD, FORT WAYNE IN, 46804. The basic materials company can be reached via phone at 260-969-3500 or via email at [email protected]