NASDAQ:STLD - Steel Dynamics Stock Price, Price Target & More

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

Steel Dynamics declared a quarterly dividend on Tuesday, June 12th. Investors of record on Saturday, June 30th will be paid a dividend of $0.1875 per share on Friday, July 13th. This represents a $0.75 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Thursday, June 28th. View Steel Dynamics' Dividend History.

Steel Dynamics, Inc. (NASDAQ:STLD) posted its earnings results on Wednesday, April, 18th. The basic materials company reported $0.96 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.05. The basic materials company earned $2.60 billion during the quarter, compared to analysts' expectations of $2.59 billion. Steel Dynamics had a net margin of 8.59% and a return on equity of 21.60%. The company's revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.83 EPS. View Steel Dynamics' Earnings History.

Steel Dynamics is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Steel Dynamics.

14 brokerages have issued 12 month price objectives for Steel Dynamics' shares. Their forecasts range from $36.00 to $60.00. On average, they expect Steel Dynamics' share price to reach $50.8462 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price. View Analyst Ratings for Steel Dynamics.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

Media headlines about STLD stock have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Steel Dynamics earned a coverage optimism score of 0.14 on Accern's scale. They also gave news coverage about the basic materials company an impact score of 45.22 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Steel Dynamics' stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (1.26%), DnB Asset Management AS (0.36%), Scout Investments Inc. (0.29%), Peregrine Capital Management LLC (0.21%), SG Capital Management LLC (0.09%) and Dorsey Wright & Associates (0.06%). 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 Bank of Montreal Can, Scout Investments Inc., Peregrine Capital Management LLC, DnB Asset Management AS and Fjarde AP Fonden Fourth Swedish National Pension Fund. 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 purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, SG Capital Management LLC, State of Alaska Department of Revenue, Atria Investments LLC, Dorsey Wright & Associates, CENTRAL TRUST Co, IFM Investors Pty Ltd and NN Investment Partners Holdings N.V.. 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 $46.80.

Steel Dynamics has a market capitalization of $11.15 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.

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]