Steel Dynamics, Inc. (STLD)
Market Cap | 19.90B |
Revenue (ttm) | 17.54B |
Net Income (ttm) | 1.54B |
Shares Out | 152.24M |
EPS (ttm) | 9.84 |
PE Ratio | 13.28 |
Forward PE | 15.10 |
Dividend | $1.84 (1.41%) |
Ex-Dividend Date | Dec 31, 2024 |
Volume | 1,337,360 |
Open | 135.72 |
Previous Close | 135.07 |
Day's Range | 130.12 - 135.72 |
52-Week Range | 104.60 - 155.56 |
Beta | 1.37 |
Analysts | Buy |
Price Target | 144.25 (+10.36%) |
Earnings Date | Jan 22, 2025 |
About STLD
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, f... [Read more]
Financial Performance
In 2024, Steel Dynamics's revenue was $17.54 billion, a decrease of -6.68% compared to the previous year's $18.80 billion. Earnings were $1.54 billion, a decrease of -37.28%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for STLD stock is "Buy." The 12-month stock price forecast is $144.25, which is an increase of 10.36% from the latest price.
News
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Steel Dynamics: Tariffs Tailwind
Steel Dynamics shares have surged 8.6% due to Trump's tariffs, making their products more competitive against imports. Trump's recent tariffs on steel and aluminum will further benefit Steel Dynamics ...
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Steelmakers may benefit from Trump trade salvos, but Wall Street warns of longer-term headwinds
On Saturday, Trump slapped 25% tariffs on imports from Mexico and Canada and a 10% levy on those from China. Although the tariffs on Mexico were delayed for a month early Monday, the levies are expect...
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Steel Dynamics Named One of World's Most Admired Companies by Fortune
FORT WAYNE, Ind., Jan. 30, 2025 /PRNewswire/ -- Fortune named Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the World's Most Admired Companies for 2025.
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Steel Dynamics Recognized by Corporate Knights as One of the Most Sustainable Corporations in the World
FORT WAYNE, Ind. , Jan. 24, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced that Corporate Knights has recognized the company as one of the 2025 Global 100 Most Sustainable Corpo...
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Steel Dynamics, Inc. (STLD) Q4 2024 Earnings Call Transcript
Steel Dynamics, Inc. (NASDAQ:STLD) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET Company Participants David Lipschitz - Director, IR Mark Millett - Chairman and CEO Theresa Wagler - E...
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Reminder: Steel Dynamics Announces Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , Jan. 23, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends t...
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Steel Dynamics Reports Fourth Quarter and Annual 2024 Results
FORT WAYNE, Ind. , Jan. 22, 2025 /PRNewswire/ -- Annual 2024 Performance Highlights: Second highest steel shipments of 12.7 million tons Net sales of $17.5 billion, operating income of $1.9 billion, ...
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Steel Dynamics Announces Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , Jan. 10, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends t...
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US Steel and Nippon file lawsuit over Biden's order blocking $14.9bn deal
Companies say Biden's blocking of the proposed purchase over national security concerns violates constitution
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Steel Dynamics Gives Weak Q4 Outlook, But Says Business Remains Solid
Steel Dynamics (STLD) provided lower-than-expected guidance for the current quarter, in part because of a problem with one of its plants. However, shares of the steelmaker recently edged higher as the...
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Steel Dynamics Provides Fourth Quarter 2024 Earnings Guidance
FORT WAYNE, Ind. , Dec. 16, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided fourth quarter 2024 earnings guidance in the range of $1.26 to $1.30 per diluted share.
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Steel Dynamics Honored with 2024 Thoroughbred Sustainability Partner Award from Norfolk Southern
FORT WAYNE, Ind., Dec. 11, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced today that Norfolk Southern recognized Steel Dynamics with a Thoroughbred Sustainability Partner Award.
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Steel Dynamics Honored with 2024 Sustainability Partner Award from Union Pacific
FORT WAYNE, Ind. , Nov. 14, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced today that Union Pacific recognized Steel Dynamics with a Sustainability Partner Award.
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Steel Dynamics Announces Fourth Quarter 2024 Cash Dividend
FORT WAYNE, Ind. , Nov. 8, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a fourth quarter cash dividend of $0.46 per common...
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Steel Dynamics Recognized for Increased Use of Green Power
FORT WAYNE, Ind. , Oct. 30, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that they recently joined the U.S. Environmental Protection Agency's (EPA) Green Power Partnersh...
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Betting on Growth: 4 Favorite Stocks From T. Rowe Price's Peter Bates
The manager of the Global Select Equity Strategy looks for high margins, cash generation, competitive advantages, and a long runway of growth.
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Steel Dynamics Analysts Increase Their Forecasts After Better-Than-Expected Earnings
Steel Dynamics Inc STLD posted better-than-expected third-quarter earnings, after the closing bell on Wednesday.
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Steel Dynamics, Inc. (STLD) Q3 2024 Earnings Call Transcript
Steel Dynamics, Inc. (NASDAQ:STLD) Q3 2024 Earnings Conference Call October 17, 2024 11:00 AM ET Company Participants David Lipschitz - Director, IR Mark Millett - Chairman & CEO Theresa Wagler - EVP...
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Reminder: Steel Dynamics Announces Third Quarter 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , Oct. 17, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends t...
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Steel Dynamics Reports Third Quarter 2024 Results
FORT WAYNE, Ind. , Oct. 16, 2024 /PRNewswire/ -- Third Quarter 2024 Performance Highlights: Steel shipments of 3.2 million tons Net sales of $4.3 billion, operating income of $395 million, net income ...
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Steel Dynamics: Undervalued Despite A History Of Profitability
Steel Dynamics has compounded NOPAT by 19% annually since 2019, with ROIC rising from 11.96% to 15.15%, showcasing strong profitability and management alignment with shareholder interests. The firm ha...
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Steel Dynamics Announces Certified, Science-Based Greenhouse Gas Targets
FORT WAYNE, Ind. , Oct. 10, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced certified, science-based greenhouse gas (GHG) emissions intensity targets for its steel mills.
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Steel Dynamics Announces Third Quarter 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , Oct. 7, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to...
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Dividend Stocks With Strong Q4 Seasonality
Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have bee...
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Steel Dynamics Provides Third Quarter 2024 Earnings Guidance
FORT WAYNE, Ind. , Sept. 16, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided third quarter 2024 earnings guidance in the range of $1.94 to $1.98 per diluted share.