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Steel Dynamics (STLD)
NASDAQ:STLD
Steel Dynamics (STLD) Stock Price & Analysis
984 Followers
STLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$89.23 - $151.34
Previous Close$134.95
Volume831.90K
Average Volume (3M)1.13M
Market Cap
$21.21B
Enterprise Value$22.13B
Total Cash (Recent Filing)$2.12B
Total Debt (Recent Filing)$3.07B
Price to Earnings (P/E)9.3
Beta1.31
Next Earnings
Jul 17, 2024EPS Estimate
$3.26Next Dividend Ex-Date
Jun 28, 2024Dividend Yield1.27%
Share Statistics
EPS (TTM)14.56
Shares Outstanding157,133,196
10 Day Avg. Volume1,079,122
30 Day Avg. Volume1,125,095
Standard Deviation0.12
R-Squared0.42
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.61
Price to Sales (P/S)5.08
Price to Cash Flow (P/CF)6.10
P/FCF Ratio6.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.18
Enterprise Value/Gross Profit5.47
Enterprise Value/Ebitda7.47
Forecast
1Y Price Target
$140.33Price Target Upside4.78% Upside
Rating ConsensusHold
Number of Analyst Covering7
Steel Dynamics News
PremiumMarket News
SPY ETF Update, 4/22/2024 
PremiumMarket News
SPY ETF Update, 4/18/2024 
PremiumCompany Announcements
Steel Dynamics Boosts Employee Ownership and Affirms Leadership
PremiumPress Releases
Steel Dynamics Reports First Quarter 2024 Results
Bulls Say, Bears Say
Bulls Say
EarningsSteel Dynamics reported EPS above guidance and consensus estimates.
Future Growth ProspectsThe aluminum rolling mill is on schedule and is expected to contribute significantly to EBITDA.
Operational EfficiencySteel Dynamics benefits from higher volumes, improved Sinton plant performance, and strong free cash flow supporting share buybacks.
Bears Say
Capital ExpenditureInflationary pressures have led to a significant increase in capital expenditures, now estimated at $2.7 billion.
Earnings OutlookEarnings are anticipated to decline as the year advances due to lower expected pricing.
ValuationStock is trading at a premium, with a valuation of 8.5x next twelve months EV/EBITDA compared to its historical average of 6.5x.
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Ownership Overview
9.12% Insiders
28.08% Mutual Funds
42.47% Other Institutional Investors
20.32% 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 $89.23 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 Jul 17, 2024 which is in 61 days.
How were Steel Dynamics’s earnings last quarter?
Steel Dynamics released its earnings results on Apr 23, 2024. The company reported $3.67 earnings per share for the quarter, beating the consensus estimate of $3.508 by $0.162.
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 1.27%. See more information on Steel Dynamics dividends here
What is Steel Dynamics’s EPS estimate?
Steel Dynamics’s EPS estimate is $3.26.
How many shares outstanding does Steel Dynamics have?
Steel Dynamics has 157,133,200 shares outstanding.
What happened to Steel Dynamics’s price movement after its last earnings report?
Steel Dynamics reported an EPS of $3.67 in its last earnings report, beating expectations of $3.508. Following the earnings report the stock price went down -3.16%.
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 14M.
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Steel Dynamics Stock Smart Score
Neutral
1
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5
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9
10
Analyst Consensus
Hold
Average Price Target:
$140.33 (4.78% Upside)
$140.33 (4.78% Upside)
Blogger Sentiment
Bullish
STLD Sentiment 88%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 50.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
43.42%
12-Months-Change
Fundamentals
Return on Equity
27.54%
Trailing 12-Months
Asset Growth
5.68%
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
Q1 2024
0:00 / 0:00
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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
$140.33
▲(4.78% Upside)
Technical Analysis
Best Analysts Covering STLD
1 Year
1 Year Success Rate
10/13 ratings generated profit
1 Year Average Return
+33.19%
reiterated a buy rating 2 months ago
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