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

$30.35
-0.32 (-1.04 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$29.54
Now: $30.35
$30.98
50-Day Range
$26.13
MA: $28.40
$32.17
52-Week Range
$25.02
Now: $30.35
$46.79
Volume1.71 million shs
Average Volume2.18 million shs
Market Capitalization$6.67 billion
P/E Ratio5.53
Dividend Yield3.15%
Beta1.64
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$6.9610 per share
Book Value$16.45 per share

Profitability

Net Income$1.26 billion

Miscellaneous

Employees8,200
Market Cap$6.67 billion
Next Earnings Date10/16/2019 (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. Stockholders of record on Monday, September 30th will be paid 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 3.16%. The ex-dividend date is Friday, September 27th. View Steel Dynamics' Dividend History.

How will Steel Dynamics' stock buyback program work?

Steel Dynamics announced that its board has authorized a share buyback program on Tuesday, September 4th 2018, which permits the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its stock is undervalued.

How were Steel Dynamics' earnings last quarter?

Steel Dynamics, Inc. (NASDAQ:STLD) issued its earnings results on Monday, July, 22nd. The basic materials company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.89 by $0.02. The basic materials company earned $2.77 billion during the quarter, compared to the consensus estimate of $2.78 billion. Steel Dynamics had a net margin of 9.11% and a return on equity of 28.50%. Steel Dynamics's revenue for the quarter was down 10.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.53 earnings per share. View Steel Dynamics' Earnings History.

When is Steel Dynamics' next earnings date?

Steel Dynamics is scheduled to release their next quarterly earnings announcement on Wednesday, October 16th 2019. View Earnings Estimates for Steel Dynamics.

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

Steel Dynamics updated 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 estimate of $0.72.

What price target have analysts set for STLD?

11 analysts have issued twelve-month price objectives for Steel Dynamics' shares. Their forecasts range from $29.00 to $55.00. On average, they expect Steel Dynamics' stock price to reach $35.40 in the next year. This suggests a possible upside of 16.6% 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 coverage about STLD stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public 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 -1.3 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Steel Dynamics.

Are investors shorting Steel Dynamics?

Steel Dynamics saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 4,531,200 shares, a decline of 13.9% from the July 31st total of 5,264,800 shares. Based on an average trading volume of 2,810,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 2.2% of the company's shares are sold short. 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), Intel (INTC), Alibaba Group (BABA), Exxon Mobil (XOM) 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 shareholders include BlackRock Inc. (10.45%), BlackRock Inc. (10.33%), Vanguard Group Inc. (9.28%), Prudential Financial Inc. (1.64%), Bank of New York Mellon Corp (1.35%) and AQR Capital Management LLC (1.26%). 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 institutional investors are selling Steel Dynamics stock?

STLD stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Vanguard Group Inc., Van ECK Associates Corp, Man Group plc, AQR Capital Management LLC, Bank of New York Mellon Corp and Morgan Stanley. 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 Eaton Vance Management, Renaissance Technologies LLC, Point72 Asset Management L.P., Nuveen Asset Management LLC, LSV Asset Management, Zacks Investment Management, WINTON GROUP Ltd and Panagora Asset Management Inc.. 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 $30.35.

How big of a company is Steel Dynamics?

Steel Dynamics has a market capitalization of $6.67 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:  738 (Vote Outperform)
Underperform Votes:  549 (Vote Underperform)
Total Votes:  1,287
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 9/21/2019 by MarketBeat.com Staff

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