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
  • Sub-Industry: Steel
  • Symbol: NASDAQ:STLD
  • CUSIP: 85811910
  • Web:
  • Market Cap: $8.1149 billion
  • Outstanding Shares: 239,872,000
Average Prices:
  • 50 Day Moving Avg: $34.53
  • 200 Day Moving Avg: $34.91
  • 52 Week Range: $23.34 - $40.17
  • Trailing P/E Ratio: 15.54
  • Foreward P/E Ratio: 11.75
  • P/E Growth: 0.48
Sales & Book Value:
  • Annual Revenue: $8.77 billion
  • Price / Sales: 0.93
  • Book Value: $12.84 per share
  • Price / Book: 2.65
  • Annual Dividend: $0.62
  • Dividend Yield: 1.8%
  • EBIDTA: $1.37 billion
  • Net Margins: 6.07%
  • Return on Equity: 21.75%
  • Return on Assets: 9.34%
  • Debt-to-Equity Ratio: 0.80%
  • Current Ratio: 4.09%
  • Quick Ratio: 2.30%
  • Average Volume: 2.76 million shs.
  • Beta: 1.26
  • Short Ratio: 2.22

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 declared a quarterly dividend on Tuesday, September 19th. Shareholders of record on Saturday, September 30th will be paid a dividend of $0.155 per share on Thursday, October 12th. This represents a $0.62 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Thursday, September 28th. View Steel Dynamics' Dividend History.

How were Steel Dynamics' earnings last quarter?

Steel Dynamics, Inc. (NASDAQ:STLD) released its earnings results on Wednesday, July, 19th. The company reported $0.63 EPS for the quarter, hitting the Zacks' consensus estimate of $0.63. The firm had revenue of $2.39 billion for the quarter, compared to analysts' expectations of $2.37 billion. Steel Dynamics had a net margin of 6.07% and a return on equity of 21.75%. The firm's quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.58 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 Tuesday, October, 17th 2017. View Earnings Estimates for Steel Dynamics.

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

15 brokers have issued 12 month price targets for Steel Dynamics' shares. Their predictions range from $32.00 to $48.00. On average, they expect Steel Dynamics' stock price to reach $41.07 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. " (7/26/2017)
  • 2. Berenberg Bank analysts commented, "We expect EPS in the $0.56-0.60 range (Berenberg forecast: $0.58)." (3/16/2017)

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 many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.11%), BlackRock Inc. (9.09%), Boston Partners (6.79%), State Street Corp (3.69%), FMR LLC (2.15%) and Prudential Financial Inc. (1.69%). Company insiders that own Steel Dynamics stock include Christopher A Graham, 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 Los Angeles Capital Management & Equity Research Inc., Bank of New York Mellon Corp, Macquarie Group Ltd., Principal Financial Group Inc., Calamos Advisors LLC, Cornerstone Capital Management Holdings LLC., Acadian Asset Management LLC and FMR LLC. Company insiders that have sold Steel Dynamics stock in the last year include Christopher A Graham, 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, State Street Corp, Prudential Financial Inc., Sumitomo Mitsui Trust Holdings Inc., Steadfast Capital Management LP, Vanguard Group Inc. and Renaissance Technologies LLC. 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 $34.08.

MarketBeat Community Rating for Steel Dynamics (NASDAQ STLD)
Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  567 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  844
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: 4 Hold Ratings, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.73)
Consensus Price Target: $41.07 (20.51% upside)

Analysts' Ratings History for Steel Dynamics (NASDAQ:STLD)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/16/2017Jefferies Group LLCReiterated RatingBuyLowView Rating Details
9/15/2017Citigroup Inc.Lower Price TargetBuy -> Buy$43.00 -> $41.00LowView Rating Details
9/12/2017Morgan StanleyDowngradeOverweight -> Equal Weight$45.00 -> $33.00LowView Rating Details
9/6/2017MacquarieInitiated CoverageNeutral -> Neutral$36.00LowView Rating Details
9/5/2017Bank of America CorporationReiterated RatingBuy$42.00 -> $44.00LowView Rating Details
7/27/2017Longbow ResearchReiterated RatingBuy$40.00HighView Rating Details
7/20/2017Clarkson CapitalReiterated RatingNeutralMediumView Rating Details
7/19/2017Cowen and CompanyReiterated RatingBuy$44.00LowView Rating Details
6/24/2017Deutsche Bank AGReiterated RatingBuyLowView Rating Details
6/19/2017Berenberg BankReiterated RatingBuy$46.00HighView 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
3/22/2017J P Morgan Chase & CoBoost Price TargetOverweight$41.00 -> $44.00LowView Rating Details
11/14/2016Rosenblatt SecuritiesDowngradeBuy -> Neutral$32.00N/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 9/21/2015 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
10/17/2017$0.70N/AView Earnings Details
7/19/2017Q2 2017$0.63$0.63$2.37 billion$2.39 billionViewN/AView Earnings Details
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: $2.69
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.49$0.81$0.65
Q2 20172$0.67$0.76$0.72
Q3 20172$0.61$0.66$0.64
Q4 20171$0.69$0.69$0.69
(Data provided by Zacks Investment Research)


Current Dividend Information for Steel Dynamics (NASDAQ:STLD)
Next Dividend:10/12/2017
Annual Dividend:$0.62
Dividend Yield:1.82%
Payout Ratio:28.57% (Trailing 12 Months of Earnings)
21.99% (Based on This Year's Estimates)
21.38% (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: 82.64%
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
7/25/2017Christopher A GrahamInsiderSell5,021$38.05$191,049.05View SEC Filing  
7/25/2017Keith E BusseDirectorSell4,965$38.42$190,755.30View SEC Filing  
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 logoSteel Dynamics (STLD) vs. Its Competitors Head to Head Review - September 21 at 10:14 AM logoSteel Dynamics Sees Q3 Earnings Below Market View; Declares Cash Dividend - September 20 at 9:31 AM logoSteel Dynamics Provides Third Quarter 2017 Guidance and Announces Third Quarter 2017 Cash Dividend - September 20 at 9:31 AM logoShould US Steelmakers Be Asking for More? - September 20 at 9:31 AM logoCliffs Natural Resources (CLF) vs. Steel Dynamics (STLD) Head to Head Survey - September 19 at 10:30 PM logoSteel Dynamics, Inc. (STLD) to Issue Quarterly Dividend of $0.16 - September 19 at 8:00 PM logoJefferies Group LLC Reaffirms "Buy" Rating for Steel Dynamics, Inc. (STLD) - September 16 at 9:50 AM logoDid Hurricanes Bend Steel Stocks' Strength This September? - Benzinga - September 16 at 9:06 AM logoSteel Dynamics, Inc. (STLD) Given New $41.00 Price Target at Citigroup Inc. - September 15 at 6:10 PM logoDid Hurricanes Bend Steel Stocks' Strength This September? - September 15 at 10:07 AM logoETFs with exposure to Steel Dynamics, Inc. : September 14, 2017 - September 15 at 9:26 AM logoUS Steel’s 2018 Outlook: Will President Trump Come to the Rescue? - September 15 at 9:26 AM logoSteel Dynamics Announces Completion of Note Offering - September 14 at 10:47 AM logoSteel Dynamics Announces Settlement of Previously Announced Tender Offer and Redemption Call for the Remainder of its 6.375% Senior Notes Due 2022 - September 14 at 10:47 AM logoSteel Dynamics Completes Sale of $350M Senior Notes Due 2025 - September 14 at 10:47 AM logoCritical Comparison: Steel Dynamics (STLD) versus The Competition - September 14 at 6:06 AM logoSteel Dynamics (STLD) and Mechel PAO (MTL) Critical Review - September 14 at 6:06 AM logoNucor versus Steel Dynamics: Which Is More Expensive? - September 12 at 10:19 AM logoMacquarie Initiates Coverage on Steel Dynamics, Inc. (STLD) - September 10 at 5:16 PM logoSunCoke Energy (SXC) vs. Steel Dynamics (STLD) Critical Review - September 9 at 10:30 PM logoSteel Dynamics to Offer Debt Securities Worth $350 million - September 7 at 9:29 AM logoSteel Dynamics Announces Offering of Notes - September 7 at 9:29 AM logoSteel Dynamics Announces Tender Offer for any and all of its 6.375% Senior Notes due 2022 - September 7 at 9:29 AM logoSteel Dynamics, Inc. -- Moody's upgrades SDI's sr. unsecured note ratings; assigns Ba1 rating to new sr. unsec note issue; outlook stable - September 7 at 9:29 AM logoSteel Dynamics, Inc. (STLD) Given Consensus Recommendation of "Buy" by Brokerages - September 6 at 2:50 AM logoBank of America Corporation Reiterates "Buy" Rating for Steel Dynamics, Inc. (STLD) - September 5 at 3:34 PM logoSteel Dynamics, Inc. (STLD) Expected to Announce Quarterly Sales of $2.38 Billion - September 5 at 11:08 AM logoFinancial Survey: Cliffs Natural Resources (CLF) and Steel Dynamics (STLD) - September 3 at 6:26 AM logoCould US Steel Bears Be In for a Rough Ride? - September 1 at 9:13 AM logoU.S. Steel Corporation or AK Steel: Which Stock Analysts Prefer - September 1 at 9:13 AM logoSteel Dynamics, Inc. (STLD) Stock Rating Reaffirmed by Jefferies Group LLC - August 31 at 5:38 PM logoU.S. Finds Injury in Taiwan Rebar Import Case, to Slap Duties - August 31 at 10:34 AM logoSteel Dynamics (STLD) & SunCoke Energy Partners, L.P. (SXCP) Financial Review - August 25 at 2:10 AM logoSteel executives send letter to President Trump - August 24 at 6:29 PM logoNorthwest Pipe (NWPX) and Steel Dynamics (STLD) Head to Head Contrast - August 23 at 4:26 AM logoAnalyzing Gibraltar Industries (ROCK) & Steel Dynamics (STLD) - August 22 at 12:24 PM logoPOSCO (PKX) vs. Steel Dynamics (STLD) Head to Head Review - August 22 at 2:10 AM logoKeyCorp Equities Analysts Decrease Earnings Estimates for Steel Dynamics, Inc. (STLD) - August 21 at 4:46 AM logoDoes the US Steel Industry Really Need Washington’s Support? - August 19 at 7:51 AM logoWhy United States Steel Corporation Investors Should Be Wary of the Lack of Business Investment - August 18 at 7:35 AM logoQ3 2017 Earnings Forecast for Steel Dynamics, Inc. Issued By KeyCorp (STLD) - August 18 at 6:24 AM logo$2.38 Billion in Sales Expected for Steel Dynamics, Inc. (STLD) This Quarter - August 17 at 5:56 AM logoSee what the IHS Markit Score report has to say about Steel Dynamics Inc. - August 15 at 7:20 AM logoSteel Dynamics, Inc. breached its 50 day moving average in a Bearish Manner : STLD-US : August 14, 2017 - August 15 at 7:20 AM logoSteel Dynamics, Inc. – Value Analysis (NASDAQ:STLD) : August 14, 2017 - August 15 at 7:20 AM logoSteel Dynamics, Inc. (NASDAQ:STLD) Given Average Recommendation of "Buy" by Brokerages - August 12 at 2:56 AM logoWhy Nucor Generated Lower Cash Flow in 2Q17 - August 10 at 8:20 AM logoIt may be time to get bullish on these steel stocks - Dayton Business Journal - August 6 at 6:22 AM logoSteel Dynamics: Analysts Seem Bullish after Its Earnings - August 5 at 7:25 AM logoCliffs and US Steel Production in the First Half of 2017 - August 4 at 8:39 AM



Steel Dynamics (STLD) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by Staff