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Steel Dynamics Stock Price, News & Analysis (NASDAQ:STLD)

$28.84
-1.24 (-4.12 %)
(As of 10/17/2019 09:25 AM ET)
Today's Range
$28.36
Now: $28.84
$30.23
50-Day Range
$26.13
MA: $29.11
$32.17
52-Week Range
$25.02
Now: $28.84
$42.00
Volume4.06 million shs
Average Volume2.00 million shs
Market Capitalization$6.33 billion
P/E Ratio5.25
Dividend Yield3.24%
Beta1.66
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$6.82 per share
Book Value$16.45 per share

Profitability

Net Income$1.26 billion

Miscellaneous

Employees8,200
Market Cap$6.33 billion
Next Earnings Date1/28/2020 (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 announced a quarterly dividend on Monday, August 26th. Investors of record on Monday, September 30th will be given a dividend of $0.24 per share on Friday, October 11th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Friday, September 27th. View Steel Dynamics' Dividend History.

How will Steel Dynamics' stock buyback program work?

Steel Dynamics declared that its Board of Directors has initiated a stock buyback plan on Tuesday, September 4th 2018, which permits the company to buyback $750,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.8% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

How were Steel Dynamics' earnings last quarter?

Steel Dynamics, Inc. (NASDAQ:STLD) released its quarterly earnings results on Wednesday, October, 16th. The basic materials company reported $0.69 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.70 by $0.01. The basic materials company earned $2.53 billion during the quarter, compared to analyst estimates of $2.62 billion. Steel Dynamics had a return on equity of 28.50% and a net margin of 9.11%. During the same period in the previous year, the company earned $1.69 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 Tuesday, January 28th 2020. View Earnings Estimates for Steel Dynamics.

What guidance has Steel Dynamics issued on next quarter's earnings?

Steel Dynamics issued an update on its third quarter earnings guidance on Tuesday, September, 17th. The company provided earnings per share (EPS) guidance of $0.66-0.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.72.

What price target have analysts set for STLD?

11 Wall Street analysts have issued 1-year price objectives for Steel Dynamics' shares. Their predictions range from $29.00 to $47.00. On average, they anticipate Steel Dynamics' share price to reach $33.40 in the next year. This suggests a possible upside of 15.8% 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 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Steel Dynamics.

Has Steel Dynamics been receiving favorable news coverage?

News headlines about STLD stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Steel Dynamics earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave press coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news 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 decrease in short interest during the month of September. As of September 30th, there was short interest totalling 5,160,000 shares, a decrease of 16.5% from the August 30th total of 6,180,000 shares. Based on an average trading volume of 2,250,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.5% 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), Energy Transfer LP Unit (ET), Hill-Rom (HRC), NVIDIA (NVDA), Gilead Sciences (GILD), Alibaba Group (BABA), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM) 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 many different of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.37%), Peregrine Capital Management LLC (0.24%), Gateway Investment Advisers LLC (0.13%), Pacer Advisors Inc. (0.07%), Exane Derivatives (0.06%) and Winmill & CO. Inc. (0.04%). Company insiders that own Steel Dynamics stock include Christopher A Graham, Gabriel Shaheen, Glenn Pushis, Jurgen Dr Kolb, Keith E Busse, Miguel Alvarez, 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 Bowling Portfolio Management LLC, Denali Advisors LLC, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Cerebellum GP LLC, Cerebellum GP LLC, Exane Derivatives and First Personal Financial Services. View Insider Buying and Selling for Steel Dynamics.

Which major investors are buying Steel Dynamics stock?

STLD stock was purchased by a variety of institutional investors in the last quarter, including Winmill & CO. Inc., Pacer Advisors Inc., Peregrine Capital Management LLC, DNB Asset Management AS and Valeo Financial Advisors LLC. Company insiders that have bought Steel Dynamics stock in the last two years include Gabriel Shaheen, Glenn Pushis, Miguel Alvarez, 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, Robinhood, Fidelity and Charles Schwab.

What is Steel Dynamics' stock price today?

One share of STLD stock can currently be purchased for approximately $28.84.

How big of a company is Steel Dynamics?

Steel Dynamics has a market capitalization of $6.33 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:  745 (Vote Outperform)
Underperform Votes:  557 (Vote Underperform)
Total Votes:  1,302
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 10/17/2019 by MarketBeat.com Staff

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