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Steel Dynamics (STLD)
NASDAQ:STLD
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STLD Stock Chart & Stats
Day’s Range― - ―
52-Week Range$104.60 - $155.56
Previous CloseN/A
Volume515.54K
Average Volume (3M)1.58M
Market Cap
$19.03B
Enterprise Value$21.54B
Total Cash (Recent Filing)$841.48M
Total Debt (Recent Filing)$2.35B
Price to Earnings (P/E)11.3
Beta1.26
Next Earnings
Jan 22, 2025EPS Estimate
1.32Last Dividend Ex-Date
Dec 31, 2024Dividend Yield1.47%
Share Statistics
EPS (TTM)11.05
Shares Outstanding152,245,000
10 Day Avg. Volume1,714,471
30 Day Avg. Volume1,584,413
Standard Deviation0.12
R-Squared0.36
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.06
Price to Cash Flow (P/CF)6.30
P/FCF Ratio34.40
Enterprise Value/Market Cap1.13
Enterprise Value/Revenue1.20
Enterprise Value/Gross Profit5.32
Enterprise Value/Ebitda10.19
Forecast
1Y Price Target
$140.25Price Target Upside12.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Steel Dynamics News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSteel Dynamics reported Q3'24 operating cash flow almost doubled quarter-over-quarter, resulting in free cash flow significantly above expectations.
Growth OpportunitiesThere are organic growth opportunities and generous medium-term cash return potential for the company.
Market DynamicsSteel Dynamics expects stronger steel market dynamics driven by lower interest rates, stronger demand from infrastructure, reshoring and energy transition projects, and a potential reduction in imports.
Bears Say
Financial PerformanceThe steel operation segment's profits are expected to be meaningfully lower due to lower realized pricing, seasonally lower shipments, and an unplanned outage at Butler Flat Roll Division.
Market PerformanceSTLD shares are expected to underperform.
Operational ChallengesThere is lingering uncertainty regarding the ramp up of the company's new aluminum rolling facility.
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Ownership Overview
6.29% Insiders
23.46% Mutual Funds
0.33% Other Institutional Investors
42.05% 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.
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STLD FAQ
What was Steel Dynamics’s price range in the past 12 months?
Steel Dynamics lowest stock price was $104.60 and its highest was $155.56 in the past 12 months.
What is Steel Dynamics’s market cap?
Steel Dynamics’s market cap is $19.03B.
When is Steel Dynamics’s upcoming earnings report date?
Steel Dynamics’s upcoming earnings report date is Jan 22, 2025 which is in 4 days.
How were Steel Dynamics’s earnings last quarter?
Steel Dynamics released its earnings results on Oct 16, 2024. The company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.981 by $0.069.
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 $1.84 which represents an annual dividend yield of 1.47%. See more information on Steel Dynamics dividends here
What is Steel Dynamics’s EPS estimate?
Steel Dynamics’s EPS estimate is 1.32.
How many shares outstanding does Steel Dynamics have?
Steel Dynamics has 152,245,000 shares outstanding.
What happened to Steel Dynamics’s price movement after its last earnings report?
Steel Dynamics reported an EPS of $2.05 in its last earnings report, beating expectations of $1.981. Following the earnings report the stock price went up 3.989%.
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 25M.
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Steel Dynamics Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$140.25 (12.20% Upside)
$140.25 (12.20% Upside)
Blogger Sentiment
Bullish
STLD Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 62.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 3.3%
Last 30 Days ▲ 3.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
13.65%
12-Months-Change
Fundamentals
Return on Equity
19.32%
Trailing 12-Months
Asset Growth
4.90%
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.
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STLD Company Deck
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STLD Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call reflected a balanced outlook, with strong safety performance and strategic progress in aluminum investments countered by lower revenues and operational challenges in certain segments.Read More>---
STLD Net sales Breakdown
69.53% Steel Operations
23.20% Metals Recycling Operations
14.93% Steel Fabrication Operations
6.24% Other
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STLD Stock 12 Month Forecast
Average Price Target
$140.25
▲(12.20% Upside)
Technical Analysis
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Best Analysts Covering STLD
1 Year
1 Year Success Rate
11/18 ratings generated profit
1 Year Average Return
+23.27%
reiterated a buy rating last month
Copying Alexander Hacking's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +23.27% per trade.
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