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

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

Steel Dynamics declared a quarterly dividend on Tuesday, November 20th. Shareholders of record on Monday, December 31st will be paid a dividend of $0.1875 per share on Friday, January 11th. This represents a $0.75 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Friday, December 28th. View Steel Dynamics' Dividend History.

Steel Dynamics announced that its Board of Directors has initiated a share buyback program on Tuesday, September 4th 2018, which permits the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.8% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.

Steel Dynamics, Inc. (NASDAQ:STLD) issued its quarterly earnings data on Wednesday, October, 17th. The basic materials company reported $1.69 earnings per share for the quarter, topping the Zacks' consensus estimate 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 return on equity of 31.96% and a net margin of 11.49%. The business's revenue was up 31.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.66 EPS. 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 updated its third quarter earnings guidance on Tuesday, September, 18th. The company provided earnings per share guidance of $1.64-1.68 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.70.

13 brokers have issued 1-year price targets for Steel Dynamics' stock. Their predictions range from $36.00 to $60.00. On average, they expect Steel Dynamics' share price to reach $52.5833 in the next twelve months. This suggests a possible upside of 68.2% 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 been trending positive on Wednesday, according to InfoTrie. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Steel Dynamics earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock'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 a variety of of institutional and retail investors. Top institutional investors 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 bought 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 $31.26.

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]