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. 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 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Friday, September 27th. View Steel Dynamics' Dividend History.

Steel Dynamics announced that its board has initiated a stock repurchase program on Tuesday, September 4th 2018, which allows the company to buyback $750,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 6.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Steel Dynamics, Inc. (NASDAQ:STLD) posted its quarterly earnings results on Monday, July, 22nd. The basic materials company reported $0.87 EPS for the quarter, missing the Thomson Reuters' 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 return on equity of 28.50% and a net margin of 9.11%. The business's quarterly revenue was down 10.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.53 earnings per share. 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 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 earnings per share estimate of $0.72.

11 analysts have issued twelve-month price targets for Steel Dynamics' shares. Their forecasts range from $29.00 to $47.00. On average, they anticipate Steel Dynamics' share 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.

Media headlines about STLD stock have trended negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Steel Dynamics earned a news sentiment score of -2.6 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Steel Dynamics.

Steel Dynamics saw a decrease in short interest in 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 short-interest ratio is currently 2.3 days. Approximately 2.5% of the company's stock 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 number 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 purchased 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]