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

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$47.91 +1.11 (+2.37 %)
(As of 07/19/2018 05:40 AM ET)
Previous Close$46.80
Today's Range$47.07 - $48.00
52-Week Range$32.20 - $52.10
Volume1.06 million shs
Average Volume2.35 million shs
Market Capitalization$11.05 billion
P/E Ratio18.08
Dividend Yield1.60%
Beta1.33
Steel Dynamics logoSteel Dynamics, Inc., together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the United States and internationally. The company operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment provides hot roll, cold roll, and coated steel products; structural steel beams, pilings, and standard and premium grade rail products; engineered special-bar-quality products; merchant bar products, including angles, merchant rounds, flats, channels, and reinforcing bars; beams, channels, and specialty steel sections; and threaded rod products, and cold drawn and heat treated bars. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube industry sectors. This segment sells its products directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment is involved in the purchase, process, and resale of ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, scrap management, marketing, and brokerage services. The Steel Fabrication Operations segment produces steel building components comprising steel joists, girders, trusses, and steel deck products for non-residential steel fabricators. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.71
Current Ratio4.24
Quick Ratio2.38

Price-To-Earnings

Trailing P/E Ratio18.08
Forward P/E Ratio9.09
P/E Growth0.74

Sales & Book Value

Annual Sales$9.54 billion
Price / Sales1.18
Cash Flow$4.0567 per share
Price / Cash11.81
Book Value$13.48 per share
Price / Book3.55

Profitability

EPS (Most Recent Fiscal Year)$2.65
Net Income$812.74 million
Net Margins8.59%
Return on Equity21.60%
Return on Assets9.74%

Miscellaneous

Employees7,635
Outstanding Shares235,930,000
Market Cap$11,053.49

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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 announced 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 dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, June 28th. View Steel Dynamics' Dividend History.

How were Steel Dynamics' earnings last quarter?

Steel Dynamics, Inc. (NASDAQ:STLD) released its quarterly earnings results on Wednesday, April, 18th. The basic materials company reported $0.96 EPS for the quarter, beating the Zacks' consensus estimate of $0.91 by $0.05. The basic materials company earned $2.60 billion during the quarter, compared to analyst estimates of $2.59 billion. Steel Dynamics had a return on equity of 21.60% and a net margin of 8.59%. The firm's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.83 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 Monday, July, 23rd 2018. View Earnings Estimates for Steel Dynamics.

What price target have analysts set for STLD?

14 Wall Street analysts have issued 1 year price targets for Steel Dynamics' shares. Their forecasts range from $36.00 to $60.00. On average, they expect Steel Dynamics' stock price to reach $50.8462 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Ratings for Steel Dynamics.

What is the consensus analysts' recommendation 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."

Who are some of Steel Dynamics' key competitors?

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 58)
  • Mr. Richard P. Teets Jr., Co-Founder & Director (Age 63)
  • Ms. Theresa E. Wagler, Exec. VP & CFO (Age 48)
  • Mr. Glenn A. Pushis, Sr. VP of Long Products Steel Group (Age 52)
  • Mr. Barry T. Schneider, Sr. VP of Flat Roll Steel Group (Age 49)

Has Steel Dynamics been receiving favorable news coverage?

News coverage about STLD stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Steel Dynamics earned a coverage optimism score of 0.09 on Accern's scale. They also gave news headlines about the basic materials company an impact score of 46.95 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Steel Dynamics' major shareholders?

Steel Dynamics' stock is owned by a number of 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%), Boston Advisors LLC (0.20%) and Pendal Group Ltd (0.16%). 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.

Which institutional investors are selling Steel Dynamics stock?

STLD stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Scout Investments Inc., Boston Advisors LLC, Peregrine Capital Management LLC, DnB Asset Management AS, Fjarde AP Fonden Fourth Swedish National Pension Fund and Smith Graham & Co. Investment Advisors LP. 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.

Which institutional investors are buying Steel Dynamics stock?

STLD stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Pendal Group Ltd, SG Capital Management LLC, State of Alaska Department of Revenue, Atria Investments LLC, Westpac Banking Corp, Dorsey Wright & Associates and CENTRAL TRUST Co. 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 $47.91.

How big of a company is Steel Dynamics?

Steel Dynamics has a market capitalization of $11.05 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.

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:  3.2 out of 5 (star star star)
Outperform Votes:  646 (Vote Outperform)
Underperform Votes:  375 (Vote Underperform)
Total Votes:  1,021
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 7/19/2018 by MarketBeat.com Staff

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