Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Steel Dynamics (STLD)
NASDAQ:STLD
Holding STLD?
Track your performance easily
STLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$98.25 - $151.34
Previous Close$125.98
Volume957.40K
Average Volume (3M)1.36M
Market Cap
$19.44B
Enterprise Value$21.21B
Total Cash (Recent Filing)$1.25B
Total Debt (Recent Filing)$3.03B
Price to Earnings (P/E)10.1
Beta1.14
Next Earnings
Oct 16, 2024EPS Estimate
$2.02Last Dividend Ex-Date
Sep 30, 2024Dividend Yield1.4%
Share Statistics
EPS (TTM)12.47
Shares Outstanding154,302,528
10 Day Avg. Volume1,979,198
30 Day Avg. Volume1,364,855
Standard Deviation0.11
R-Squared0.36
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.13
Price to Sales (P/S)1.07
Price to Cash Flow (P/CF)12.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.17
Enterprise Value/Gross Profit5.24
Enterprise Value/Ebitda8.60
Forecast
1Y Price Target
$134.43Price Target Upside6.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Steel Dynamics News
Bulls Say, Bears Say
Bulls Say
Buyback ActivitySteel Dynamics repurchased ~$307m or ~2% of shares outstanding through September 11.
Demand And PricingSteel Dynamics indicating underlying steel demand remains steady and flagging sheet steel prices stabilized during 3Q'24 and have improved.
Growth ProspectsSTLD expects fabrication volumes to improve next year driven by lower interest rates and higher infrastructure spending.
Bears Say
Cash FlowCash from operations of $383m was well below consensus estimates, driven largely by uses of cash in working capital and tax payments.
Earnings Guidance3Q24 EPS guidance came in below consensus and analyst estimates.
ProfitabilitySteel operations profitability is expected to be meaningfully lower due to reduced selling prices and flat volumes.
---
Ownership Overview
623.72% Insiders
2440.16% Mutual Funds
1501.91% Other Institutional Investors
2749.53% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
STLD FAQ
What was Steel Dynamics’s price range in the past 12 months?
Steel Dynamics lowest stock price was $98.25 and its highest was $151.34 in the past 12 months.
What is Steel Dynamics’s market cap?
Currently, no data Available
When is Steel Dynamics’s upcoming earnings report date?
Steel Dynamics’s upcoming earnings report date is Oct 16, 2024 which is 24 days ago.
How were Steel Dynamics’s earnings last quarter?
Steel Dynamics released its earnings results on Jul 17, 2024. The company reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.01.
Is Steel Dynamics overvalued?
According to Wall Street analysts Steel Dynamics’s price is currently Undervalued.
Does Steel Dynamics pay dividends?
Steel Dynamics pays a Quarterly dividend of $0.46 which represents an annual dividend yield of 1.4%. See more information on Steel Dynamics dividends here
What is Steel Dynamics’s EPS estimate?
Steel Dynamics’s EPS estimate is $2.02.
How many shares outstanding does Steel Dynamics have?
Steel Dynamics has 154,302,520 shares outstanding.
What happened to Steel Dynamics’s price movement after its last earnings report?
Steel Dynamics reported an EPS of $2.72 in its last earnings report, beating expectations of $2.71. Following the earnings report the stock price went down -0.723%.
Which hedge fund is a major shareholder of Steel Dynamics?
Among the largest hedge funds holding Steel Dynamics’s share is Bridgewater Associates, LP. It holds Steel Dynamics’s shares valued at 12M.
---
Steel Dynamics Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$134.43 (6.71% Upside)
$134.43 (6.71% Upside)
Blogger Sentiment
Bullish
STLD Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 70.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $449.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
20.07%
12-Months-Change
Fundamentals
Return on Equity
22.57%
Trailing 12-Months
Asset Growth
3.50%
Trailing 12-Months
Company Description
Steel Dynamics
Steel Dynamics, Inc. engages in the manufacture of steel products and metal recycling. It operates through the following segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other. The Steel Operations segment consists of sheet products including hot roll, cold roll, and coated steel; long products including structural steel beams, pilings, and standard and premium grade rail; and steel finishing services such as turning, polishing, straightening, chamfering, threading, and precision saw-cutting. The Metals Recycling Operations segment provides an array of both ferrous and non-ferrous scrap recycling, scrap management, transportation, and brokerage products and services. The Steel Fabrication Operations segment offers steel joists, girders, and steel deck, including specialty deck. The Other segment comprises of subsidiary operations and certain unallocated corporate accounts. The company was founded by Keith E. Busse, Mark D. Millett, Richard P. Teets and John C. Bates in August 1993 and is headquartered in Fort Wayne, IN.
---
STLD Company Deck
---
STLD Earnings Call
Q2 2024
0:00 / 0:00
---
STLD Net sales Breakdown
69.53% Steel Operations
23.20% Metals Recycling Operations
14.93% Steel Fabrication Operations
6.24% Other
---
STLD Stock 12 Month Forecast
Average Price Target
$134.43
▲(6.71% Upside)
Technical Analysis
Best Analysts Covering STLD
1 Year
1 Year Success Rate
5/8 ratings generated profit
1 Year Average Return
+23.61%
reiterated a buy rating 2 months ago
Copying Martin Englert's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +23.61% per trade.
---