×
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
NASDAQ:STLD

Steel Dynamics Price Target, Predictions & Analyst Ratings

$67.36
-1.93 (-2.79%)
(As of 06/28/2022 04:00 PM ET)
Add
Compare
Today's Range
$67.04
$70.44
50-Day Range
$65.98
$93.24
52-Week Range
$50.54
$100.37
Volume
1.64 million shs
Average Volume
2.39 million shs
Market Capitalization
$12.71 billion
P/E Ratio
3.48
Dividend Yield
1.96%
Price Target
$88.71

Steel Dynamics (NASDAQ:STLD) Price Target and Consensus Rating (2022)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 7 Analyst Ratings

Consensus Analyst Price Target

$88.71
31.70% Upside
High Price Target$110.00
Average Price Target$88.71
Low Price Target$60.00
TypeCurrent
6/29/21 to 6/29/22
1 Month Ago
5/30/21 to 5/30/22
3 Months Ago
3/31/21 to 3/31/22
1 Year Ago
6/29/20 to 6/29/21
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
4 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$88.71$92.50$75.22$66.38
Predicted Upside31.70% Upside25.23% Upside17.92% Upside20.28% Upside
Get Steel Dynamics Upgrade and Downgrade Alerts

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


STLD Stock Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

STLD Stock Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Steel Dynamics Stock vs. The Competition

TypeSteel DynamicsBasic Materials CompaniesS&P 500
Consensus Rating Score
2.29
2.63
2.52
Consensus RatingHoldBuyBuy
Predicted Upside31.35% Upside170.81% Upside30.24% Upside
News Sentiment RatingPositive News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
827
70.20%
Underperform Votes
351
29.80%
Avg. Outperform Votes
132
63.16%
Avg. Underperform Votes
77
36.84%
Avg. Outperform Votes
840
69.14%
Avg. Underperform Votes
375
30.86%

Historical Steel Dynamics Price Targets and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/20/2022UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Set Target$95.00+32.20%
6/14/2022JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$129.00 ➝ $110.00+55.85%
5/31/2022The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral$114.00 ➝ $92.00+4.80%
4/22/2022BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$95.00 ➝ $104.00+9.83%
1/11/2022Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradePeer Perform ➝ Underperform$60.00-0.97%
10/18/2021Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOverweight ➝ Equal Weight$62.00+0.19%
9/15/2021Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeBuy$72.00 ➝ $98.00+58.14%
8/23/2021Seaport Res Ptn
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Englert
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy
4/21/2021Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$56.00 ➝ $60.00+17.07%
4/20/2021Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$49.00 ➝ $61.00+19.16%
4/19/2021Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform$52.00 ➝ $55.00+6.03%
7/22/2020Cfra
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy
4/22/2020KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Philip Gibbs
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetOverweight$23.00 ➝ $25.00+12.51%
12/9/2019Longbow Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Chris Olin
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeNeutral ➝ Buy$40.00+13.96%
11/14/2019BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform$40.00+27.67%
9/18/2019Macquarie
Subscribe to MarketBeat All Access for the recommendation accuracy rating
David Lipschitz
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Set TargetHold$31.00+2.14%
(Data available from 6/29/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)












Steel Dynamics Price Target - Frequently Asked Questions

What is Steel Dynamics's consensus rating and price target?

According to the issued ratings of 7 analysts in the last year, the consensus rating for Steel Dynamics stock is Hold based on the current 1 sell rating, 3 hold ratings and 3 buy ratings for STLD. The average twelve-month price prediction for Steel Dynamics is $88.71 with a high price target of $110.00 and a low price target of $60.00. Learn more on STLD's analyst rating history.

Do Wall Street analysts like Steel Dynamics more than its competitors?

Analysts like Steel Dynamics stock less than the stock of other Basic Materials companies. The consensus rating for Steel Dynamics is Hold while the average consensus rating for basic materials companies is Buy. Learn more on how STLD compares to other companies.

Do MarketBeat users like Steel Dynamics more than its competitors?

MarketBeat users like Steel Dynamics stock more than the stock of other Basic Materials companies. 70.20% of MarketBeat users gave Steel Dynamics an outperform vote while basic materials companies recieve an average of 63.11% outperform votes by MarketBeat users.

Is Steel Dynamics being downgraded by Wall Street analysts?

Over the previous 90 days, Steel Dynamics's stock had 1 downgrade by analysts.

Does Steel Dynamics's stock price have much upside?

According to analysts, Steel Dynamics's stock has a predicted upside of 24.22% based on their 12-month price targets.

What analysts cover Steel Dynamics?

Steel Dynamics has been rated by BMO Capital Markets, JPMorgan Chase & Co., The Goldman Sachs Group, and UBS Group in the past 90 days.

This page (NASDAQ:STLD) was last updated on 6/29/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.