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Steel Dynamics (STLD) Stock Price, News & Analysis

Steel Dynamics logo
$127.14 +3.89 (+3.16%)
Closing price 03/14/2025 04:00 PM Eastern
Extended Trading
$127.26 +0.11 (+0.09%)
As of 03/14/2025 06:36 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Steel Dynamics Stock (NASDAQ:STLD)

Key Stats

Today's Range
$124.75
$127.52
50-Day Range
$116.33
$139.06
52-Week Range
$104.60
$155.56
Volume
1.56 million shs
Average Volume
1.37 million shs
Market Capitalization
$19.09 billion
P/E Ratio
12.97
Dividend Yield
1.57%
Price Target
$148.56
Consensus Rating
Moderate Buy

Company Overview

Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing steel bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products. This segment also engages in turning, polishing, straightening, chamfering, precision saw-cutting, and heat treating of bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage, and scrap management services. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. The Steel Fabrication Operations segment produces steel non-residential building components, such as steel joists, girders, trusses, and steel deck products for non-residential steel fabricators, metal building companies, general construction contractors, developers, owners, brokers, and governmental entities, as well as e-commerce warehouses, data centers, metal buildings, and education and commercial building projects. The Aluminum Operations segment offers recycled aluminum flat rolled products. The company also exports its products. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

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Steel Dynamics Stock Analysis - MarketRank™

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99th Percentile Overall Score

STLD MarketRank™: 

Steel Dynamics scored higher than 99% of companies evaluated by MarketBeat, and ranked 1st out of 190 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Steel Dynamics has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Steel Dynamics has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Steel Dynamics' stock forecast and price target.
  • Earnings Growth

    Earnings for Steel Dynamics are expected to grow by 34.30% in the coming year, from $9.01 to $12.10 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Steel Dynamics is 12.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.47.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Steel Dynamics is 12.97, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 100.54.

  • Price to Earnings Growth Ratio

    Steel Dynamics has a PEG Ratio of 1.05. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Steel Dynamics has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Steel Dynamics' valuation and earnings.
  • Percentage of Shares Shorted

    2.37% of the float of Steel Dynamics has been sold short.
  • Short Interest Ratio / Days to Cover

    Steel Dynamics has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Steel Dynamics has recently decreased by 15.87%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Steel Dynamics pays a meaningful dividend of 1.47%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Steel Dynamics has been increasing its dividend for 13 years.

  • Dividend Coverage

    The dividend payout ratio of Steel Dynamics is 20.41%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Steel Dynamics will have a dividend payout ratio of 16.53% next year. This indicates that Steel Dynamics will be able to sustain or increase its dividend.

  • Read more about Steel Dynamics' dividend.
  • Percentage of Shares Shorted

    2.37% of the float of Steel Dynamics has been sold short.
  • Short Interest Ratio / Days to Cover

    Steel Dynamics has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Steel Dynamics has recently decreased by 15.87%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Steel Dynamics has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 34 news articles for Steel Dynamics this week, compared to 12 articles on an average week.
  • Search Interest

    47 people have searched for STLD on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.
  • MarketBeat Follows

    Only 14 people have added Steel Dynamics to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Steel Dynamics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,184,811.00 in company stock.

  • Percentage Held by Insiders

    Only 6.10% of the stock of Steel Dynamics is held by insiders.

  • Percentage Held by Institutions

    82.41% of the stock of Steel Dynamics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Steel Dynamics' insider trading history.
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STLD Stock News Headlines

 3 Companies Buying Back Stock—Why It Matters
3 Companies Buying Back Stock—Why It Matters (STLD)
These insiders have been buying back stock lately, meaning their stock prices might be lower today, posing additional upside potential.
3 Stocks Breaking Out with More Growth Potential Ahead
3 Stocks Breaking Out with More Growth Potential Ahead
Three stocks have been breaking out lately, showing investors that there is enough short-term momentum backed by underlying fundamentals to keep going.
Now I look stupid. Real stupid...
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Steel Dynamics, Inc. (STLD) Stock Forecasts
See More Headlines

STLD Stock Analysis - Frequently Asked Questions

Steel Dynamics' stock was trading at $114.07 on January 1st, 2025. Since then, STLD stock has increased by 11.5% and is now trading at $127.14.
View the best growth stocks for 2025 here
.

Steel Dynamics, Inc. (NASDAQ:STLD) released its quarterly earnings results on Wednesday, January, 22nd. The basic materials company reported $1.36 earnings per share for the quarter, missing analysts' consensus estimates of $1.69 by $0.33. Steel Dynamics had a trailing twelve-month return on equity of 17.32% and a net margin of 8.76%.

Steel Dynamics' Board of Directors initiated a stock buyback program on Monday, February 24th 2025, which allows the company to buy back $1,500,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 7.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its shares are undervalued.

Steel Dynamics subsidiaries include these companies: United Steel Supply LLC, Kentucky Electric Steel, Vulcan Threaded Products, Severstal, OmniSource Corporation, Roanoke Electric Steel Corporation, Mesabi Nugget Delaware LLC, and more.

Steel Dynamics' top institutional shareholders include Vanguard Group Inc. (12.01%), Price T Rowe Associates Inc. MD (3.70%), Geode Capital Management LLC (2.42%) and Capital Research Global Investors (2.36%). Insiders that own company stock include Keith E Busse, Glenn Pushis, Miguel Alvarez, Gabriel Shaheen, Christopher A Graham, James C Marcuccilli, Bradley S Seaman, Richard A Poinsatte and Chad Bickford.
View institutional ownership trends
.

Shares of STLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Steel Dynamics investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Adobe (ADBE), Tesla (TSLA) and ServiceNow (NOW).

Company Calendar

Ex-Dividend for 1/10 Dividend
12/31/2024
Dividend Payable
1/10/2025
Last Earnings
1/22/2025
Today
3/14/2025
Ex-Dividend for 4/11 Dividend
3/31/2025
Dividend Payable
4/11/2025
Next Earnings (Estimated)
4/22/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Blast furnaces & steel mills
Sub-Industry
Steel
Current Symbol
NASDAQ:STLD
Employees
10,600
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$148.56
High Stock Price Target
$158.00
Low Stock Price Target
$135.00
Potential Upside/Downside
+16.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Trailing P/E Ratio
12.97
Forward P/E Ratio
14.11
P/E Growth
1.05
Net Income
$1.54 billion
Pretax Margin
11.31%

Debt

Sales & Book Value

Annual Sales
$17.54 billion
Cash Flow
$12.46 per share
Price / Cash Flow
10.20
Book Value
$57.63 per share
Price / Book
2.21

Miscellaneous

Free Float
143,110,000
Market Cap
$19.09 billion
Optionable
Optionable
Beta
1.34

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This page (NASDAQ:STLD) was last updated on 3/15/2025 by MarketBeat.com Staff
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