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NASDAQ:STLDSteel Dynamics Price Target & Analyst Ratings

+0.50 (+1.79 %)
(As of 08/7/2020 04:00 PM ET)
Today's Range
Now: $28.49
50-Day Range
MA: $26.70
52-Week Range
Now: $28.49
Volume1.32 million shs
Average Volume1.62 million shs
Market Capitalization$5.99 billion
P/E Ratio11.44
Dividend Yield3.57%

Analyst Ratings

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

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
11 Wall Street analysts have issued ratings and price targets for Steel Dynamics in the last 12 months. Their average twelve-month price target is $30.70, suggesting that the stock has a possible upside of 7.76%. The high price target for STLD is $40.00 and the low price target for STLD is $23.00. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.552.502.582.55
Ratings Breakdown: 1 Sell Rating(s)
3 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
3 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
3 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $30.70$30.00$30.83$34.64
Price Target Upside: 7.76% upside10.42% upside27.67% upside1.32% downside

Steel Dynamics (NASDAQ:STLD) Consensus Price Target History

Average Share Price and 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.

Steel Dynamics (NASDAQ:STLD) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/29/2020Deutsche BankBoost Price TargetBuy$27.00 ➝ $31.00Medium
7/22/2020CfraUpgradeHold ➝ BuyLow
7/22/2020Credit Suisse GroupBoost Price TargetNeutral$25.00 ➝ $28.00High
6/19/2020BMO Capital MarketsBoost Price TargetMarket Perform$24.00 ➝ $29.00Low
5/14/2020UBS GroupLower Price TargetBuy$43.00 ➝ $32.00High
5/6/2020Bank of AmericaReiterated RatingNeutral ➝ Underperform$23.00Low
4/22/2020KeyCorpBoost Price TargetOverweight$23.00 ➝ $25.00High
4/17/2020JPMorgan Chase & Co.Lower Price TargetOverweight$35.00 ➝ $28.00Medium
12/9/2019Longbow ResearchUpgradeNeutral ➝ Buy$40.00Medium
11/14/2019BNP ParibasInitiated CoverageOutperform$40.00Medium
9/18/2019MacquarieSet Price TargetHold$31.00Low
6/11/2019CitigroupSet Price TargetBuy$34.00Medium
6/4/2019Goldman Sachs GroupLower Price TargetBuy$44.00 ➝ $36.00Low
1/8/2019CowenInitiated CoverageMarket Perform ➝ Market Perform$32.00Low
10/11/2018Seaport Global SecuritiesInitiated CoverageBuy$55.00High
8/27/2018Morgan StanleyUpgradeEqual Weight ➝ Overweight$50.00 ➝ $52.00Low
7/25/2018Jefferies Financial GroupReiterated RatingBuy$58.00Low
(Data available from 8/8/2018 forward)
This page was last updated on 8/8/2020 by MarketBeat.com Staff

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