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

Sign in or create an account to add this stock to your watchlist.
$39.69 -0.31 (-0.78 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$40.00
Today's Range$39.60 - $40.24
52-Week Range$36.44 - $52.10
Volume1.33 million shs
Average Volume2.33 million shs
Market Capitalization$9.25 billion
P/E Ratio14.98
Dividend Yield1.91%
Beta1.35
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.

Receive STLD News and Ratings via Email

Sign-up to receive the latest news and ratings for STLD and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
Current SymbolNASDAQ:STLD
Previous Symbol
CUSIP85811910
Phone260-969-3500

Debt

Debt-to-Equity Ratio0.61
Current Ratio3.94
Quick Ratio2.17

Price-To-Earnings

Trailing P/E Ratio14.98
Forward P/E Ratio7.11
P/E Growth0.6

Sales & Book Value

Annual Sales$9.54 billion
Price / Sales0.96
Cash Flow$3.9103 per share
Price / Cash10.15
Book Value$16.88 per share
Price / Book2.35

Profitability

EPS (Most Recent Fiscal Year)$2.65
Net Income$812.74 million
Net Margins11.49%
Return on Equity31.96%
Return on Assets15.33%

Miscellaneous

Employees7,635
Outstanding Shares229,550,000
Market Cap$9.25 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 declared a quarterly dividend on Monday, August 20th. Shareholders of record on Sunday, September 30th will be paid a dividend of $0.1875 per share on Friday, October 12th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend is Thursday, September 27th. View Steel Dynamics' Dividend History.

How will Steel Dynamics' stock buyback program work?

Steel Dynamics announced that its board has initiated a stock buyback program on Tuesday, September 4th 2018, which authorizes the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is 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 EPS for the quarter, beating the consensus estimate of $1.65 by $0.04. The basic materials company earned $3.22 billion during 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 firm's revenue was up 31.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.66 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 Monday, January 28th 2019. 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, 18th. The company provided earnings per share (EPS) guidance of $1.64-1.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.70.

What price target have analysts set for STLD?

13 equities research analysts have issued 12 month price targets for Steel Dynamics' stock. Their forecasts range from $47.00 to $60.00. On average, they anticipate Steel Dynamics' stock price to reach $53.50 in the next twelve months. This suggests a possible upside of 34.8% from the stock's current price. View Analyst Price Targets for Steel Dynamics.

What is the consensus analysts' recommendation 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.

Has Steel Dynamics been receiving favorable news coverage?

News coverage about STLD stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Steel Dynamics earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Are investors shorting Steel Dynamics?

Steel Dynamics saw a decrease in short interest during the month of October. As of October 15th, there was short interest totalling 5,633,865 shares, a decrease of 23.4% from the September 28th total of 7,355,233 shares. Based on an average daily volume of 2,873,919 shares, the short-interest ratio is currently 2.0 days. Approximately 2.5% of the shares of the stock are sold short. View Steel Dynamics' Current Options Chain.

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 58)
  • Mr. Richard P. Teets Jr., Co-Founder & Director (Age 63)
  • Ms. Theresa E. Wagler, Exec. VP & CFO (Age 48)
  • Mr. Glenn A. Pushis, Sr. VP of Long Products Steel Group (Age 52)
  • Mr. Barry T. Schneider, Sr. VP of Flat Roll Steel Group (Age 49)

Who are Steel Dynamics' major shareholders?

Steel Dynamics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.85%), FMR LLC (2.62%), Steadfast Capital Management LP (1.51%), Bank of New York Mellon Corp (1.39%), Standard Life Aberdeen plc (1.13%) and Prudential Financial Inc. (1.05%). 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 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.

Which major investors are buying Steel Dynamics stock?

STLD stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Prudential Financial Inc., Glenmede Trust Co. NA, Janus Henderson Group PLC, Ashler Capital LLC, Panagora Asset Management Inc., Capital Fund Management S.A. and Seven Eight Capital LP. 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 $39.68.

How big of a company is Steel Dynamics?

Steel Dynamics has a market capitalization of $9.25 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:  3.1 out of 5 (star star star)
Outperform Votes:  688 (Vote Outperform)
Underperform Votes:  432 (Vote Underperform)
Total Votes:  1,120
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 11/16/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel