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

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

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.

Steel Dynamics declared that its board has initiated a share repurchase program on Tuesday, September 4th 2018, which authorizes the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its stock is undervalued.

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

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

Steel Dynamics will be holding an earnings conference call on Wednesday, October 16th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 EPS estimate of $0.72.

11 brokerages have issued 1 year price objectives for Steel Dynamics' stock. Their forecasts range from $29.00 to $47.00. On average, they expect Steel Dynamics' stock price to reach $33.40 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Price Targets 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.

Headlines about STLD stock have been trending negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Steel Dynamics earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Steel Dynamics.

Steel Dynamics saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 5,160,000 shares, a drop of 16.5% from the August 30th total of 6,180,000 shares. Based on an average daily 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 company are sold short. View Steel Dynamics' Current Options Chain.

Some companies that are related to Steel Dynamics include SUMITOMO CORP/S (SSUMY), POSCO (PKX), Nucor (NUE), ArcelorMittal (MT), Tenaris (TS), EVRAZ (EVRZF), Ternium (TX), Carpenter Technology (CRS), Commercial Metals (CMC), APERAM/SH N Y REGISTRY SH (APEMY), United States Steel (X), USINAS SIDERURG/S (USNZY), AK Steel (AKS), SunCoke Energy (SXC) and Mechel PAO (MTL).

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).

Steel Dynamics' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Pacer Advisors Inc. (0.07%), State of Alaska Department of Revenue (0.02%), Crossmark Global Holdings Inc. (0.01%), Denali Advisors LLC (0.01%), Cerebellum GP LLC (0.00%) and Cerebellum GP LLC (0.00%). 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.

STLD stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC, State of Alaska Department of Revenue, Cerebellum GP LLC, Cerebellum GP LLC and Crossmark Global Holdings Inc.. View Insider Buying and Selling for Steel Dynamics.

STLD stock was acquired by a variety of institutional investors in the last quarter, including Pacer Advisors 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.

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.

One share of STLD stock can currently be purchased for approximately $30.38.

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.

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]