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

$27.30
+0.78 (+2.94 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$26.55
Now: $27.30
$27.57
50-Day Range
$26.49
MA: $30.16
$32.68
52-Week Range
$25.02
Now: $27.30
$48.17
Volume2.22 million shs
Average Volume2.46 million shs
Market Capitalization$6.00 billion
P/E Ratio4.97
Dividend Yield3.62%
Beta1.62
Steel Dynamics, Inc, together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the United States and internationally. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot roll, cold roll, and coated steel products; structural steel beams, pilings, and standard and premium grade rail products; engineered special-bar-quality products; and merchant-bar-quality products, including rounds, angles, flats, reinforcing bars, and channels and specialty steel sections. Read More…

Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
Current SymbolNASDAQ:STLD
CUSIP85811910
Phone260-969-3500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.82 billion
Cash Flow$7.2032 per share
Book Value$17.80 per share

Profitability

Net Income$1.26 billion

Miscellaneous

Employees8,200
Market Cap$6.00 billion
Next Earnings Date10/16/2019 (Estimated)
OptionableOptionable

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Steel Dynamics (NASDAQ:STLD) Frequently Asked Questions

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 Friday, May 17th. Stockholders of record on Sunday, June 30th will be given a dividend of $0.24 per share on Friday, July 12th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date is Thursday, June 27th. View Steel Dynamics' Dividend History.

How will Steel Dynamics' stock buyback program work?

Steel Dynamics announced that its board has authorized a share repurchase plan on Tuesday, September 4th 2018, which permits the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

How were Steel Dynamics' earnings last quarter?

Steel Dynamics, Inc. (NASDAQ:STLD) posted its earnings results on Monday, July, 22nd. The basic materials company reported $0.87 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.89 by $0.02. The basic materials company earned $2.77 billion during the quarter, compared to the consensus estimate of $2.78 billion. Steel Dynamics had a return on equity of 28.50% and a net margin of 9.11%. The business's revenue for the quarter was down 10.4% on a year-over-year basis. During the same period last year, the company earned $1.53 EPS. View Steel Dynamics' Earnings History.

When is Steel Dynamics' next earnings date?

Steel Dynamics is scheduled to release their next quarterly earnings announcement on Wednesday, October 16th 2019. 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 Monday, June, 17th. The company provided earnings per share (EPS) guidance of $0.86-0.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.94.

What price target have analysts set for STLD?

11 equities research analysts have issued 12 month price objectives for Steel Dynamics' shares. Their forecasts range from $29.00 to $55.00. On average, they expect Steel Dynamics' share price to reach $38.6364 in the next twelve months. This suggests a possible upside of 41.5% from the stock's current price. View Analyst Price Targets for Steel Dynamics.

What is the consensus analysts' recommendation for Steel Dynamics?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Steel Dynamics.

Has Steel Dynamics been receiving favorable news coverage?

Media coverage about STLD stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Steel Dynamics earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news articles about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Steel Dynamics.

Are investors shorting Steel Dynamics?

Steel Dynamics saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 5,264,800 shares, an increase of 20.5% from the June 30th total of 4,369,600 shares. Based on an average trading volume of 2,840,000 shares, the short-interest ratio is currently 1.9 days. Currently, 2.4% of the shares of the stock are short sold. View Steel Dynamics' Current Options Chain.

Who are some of Steel Dynamics' key competitors?

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), NVIDIA (NVDA), Hill-Rom (HRC), Energy Transfer LP Unit (ET), Gilead Sciences (GILD), Alibaba Group (BABA), Intel (INTC), Exxon Mobil (XOM) and Advanced Micro Devices (AMD).

Who are Steel Dynamics' key executives?

Steel Dynamics' management team includes the folowing people:
  • Mr. Mark D. Millett, Co-Founder, CEO, Pres & Exec. Director (Age 59)
  • Mr. Richard P. Teets Jr., Co-Founder & Director (Age 64)
  • Ms. Theresa E. Wagler, Exec. VP & CFO (Age 49)
  • Mr. Glenn A. Pushis, Sr. VP of Special Projects (Age 53)
  • Mr. Barry T. Schneider, Sr. VP of Flat Roll Steel Group (Age 50)

Who are Steel Dynamics' major shareholders?

Steel Dynamics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.33%), Vanguard Group Inc. (9.28%), Prudential Financial Inc. (1.64%), Bank of New York Mellon Corp (1.35%), AQR Capital Management LLC (1.26%) and Panagora Asset Management Inc. (1.24%). Company insiders that own Steel Dynamics stock include Christopher A Graham, Gabriel Shaheen, Glenn Pushis, Jurgen Dr Kolb, Keith E Busse, Richard P Teets Jr, Russell B Rinn and Theresa E Wagler. View Institutional Ownership Trends for Steel Dynamics.

Which major investors are selling Steel Dynamics stock?

STLD stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Van ECK Associates Corp, Man Group plc, AQR Capital Management LLC, Bank of New York Mellon Corp, Morgan Stanley and Northern Trust Corp. Company insiders that have sold Steel Dynamics company stock in the last year include Christopher A Graham and Keith E Busse. View Insider Buying and Selling for Steel Dynamics.

Which major investors are buying Steel Dynamics stock?

STLD stock was acquired by a variety of institutional investors in the last quarter, including Eaton Vance Management, Renaissance Technologies LLC, Point72 Asset Management L.P., Nuveen Asset Management LLC, LSV Asset Management, Zacks Investment Management, WINTON GROUP Ltd and Panagora Asset Management Inc.. Company insiders that have bought Steel Dynamics stock in the last two years include Gabriel Shaheen, Glenn Pushis, Richard P Teets Jr and Russell B Rinn. View Insider Buying and Selling for Steel Dynamics.

How do I buy shares of 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.

What is Steel Dynamics' stock price today?

One share of STLD stock can currently be purchased for approximately $27.30.

How big of a company is Steel Dynamics?

Steel Dynamics has a market capitalization of $6.00 billion and generates $11.82 billion in revenue each year. The basic materials company earns $1.26 billion in net income (profit) each year or $5.49 on an earnings per share basis. Steel Dynamics employs 8,200 workers across the globe.View Additional Information About Steel Dynamics.

What is Steel Dynamics' official website?

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

How can I contact Steel Dynamics?

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]


MarketBeat Community Rating for Steel Dynamics (NASDAQ STLD)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  733 (Vote Outperform)
Underperform Votes:  533 (Vote Underperform)
Total Votes:  1,266
MarketBeat's community ratings are surveys of what our community members think about Steel Dynamics and other stocks. Vote "Outperform" if you believe STLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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