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

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$32.77 -0.25 (-0.76 %)
(As of 01/16/2019 07:00 AM ET)
Previous Close$33.02
Today's Range$32.44 - $33.28
52-Week Range$28.91 - $52.10
Volume1.22 million shs
Average Volume2.49 million shs
Market Capitalization$7.58 billion
P/E Ratio12.37
Dividend Yield2.27%
Beta1.36
Steel 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

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

Debt

Current Ratio3.94
Quick Ratio2.17

Price-To-Earnings

Sales & Book Value

Annual Sales$9.54 billion
Price / Sales0.79
Cash Flow$3.9387 per share
Price / Cash Flow8.32
Book Value$13.48 per share
Price / Book2.43

Profitability

Net Income$812.74 million
Net Margins11.49%
Return on Assets15.33%

Miscellaneous

Employees7,635
Market Cap$7.58 billion
OptionableOptionable

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, November 20th. Shareholders of record on Monday, December 31st will be given a dividend of $0.1875 per share on Friday, January 11th. This represents a $0.75 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Friday, December 28th. View Steel Dynamics' Dividend History.

How will Steel Dynamics' stock buyback program work?

Steel Dynamics announced that its Board of Directors has approved a stock repurchase program on Tuesday, September 4th 2018, which authorizes the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

How were Steel Dynamics' earnings last quarter?

Steel Dynamics, Inc. (NASDAQ:STLD) posted its quarterly earnings results on Wednesday, October, 17th. The basic materials company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.04. The basic materials company had revenue of $3.22 billion for the quarter, compared to analyst estimates of $3.14 billion. Steel Dynamics had a return on equity of 31.96% and a net margin of 11.49%. The firm's quarterly revenue was up 31.9% on a year-over-year basis. During the same period last year, the business posted $0.66 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 22nd 2019. View Earnings Estimates for Steel Dynamics.

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

Steel Dynamics updated its fourth quarter earnings guidance on Tuesday, December, 18th. The company provided earnings per share guidance of $1.25-1.29 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.37.

What price target have analysts set for STLD?

11 Wall Street analysts have issued 12-month price targets for Steel Dynamics' shares. Their predictions range from $32.00 to $59.00. On average, they anticipate Steel Dynamics' stock price to reach $50.3636 in the next year. This suggests a possible upside of 53.7% 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 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Steel Dynamics.

Has Steel Dynamics been receiving favorable news coverage?

Media headlines about STLD stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Steel Dynamics earned a news sentiment score of 1.4 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

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 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 Long Products Steel Group (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 (0.36%), Retirement Systems of Alabama (0.17%), Gateway Investment Advisers LLC (0.11%), Louisiana State Employees Retirement System (0.03%), Hennessy Advisors Inc. (0.03%) and Cozad Asset Management Inc. (0.02%). 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 major investors are selling Steel Dynamics stock?

STLD stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Hennessy Advisors Inc., Louisiana State Employees Retirement System and BKD Wealth Advisors LLC. 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 major investors are buying Steel Dynamics stock?

STLD stock was acquired by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, DNB Asset Management AS, First Hawaiian Bank, Cozad Asset Management Inc., Cerebellum GP LLC, State of Alaska Department of Revenue and Waverton Investment Management Ltd. 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 $32.77.

How big of a company is Steel Dynamics?

Steel Dynamics has a market capitalization of $7.69 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.

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:  3.0 out of 5 (star star star)
Outperform Votes:  697 (Vote Outperform)
Underperform Votes:  452 (Vote Underperform)
Total Votes:  1,149
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 1/16/2019 by MarketBeat.com Staff

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