Steel Dynamics, Inc. (STLD)
Market Cap | 17.61B |
Revenue (ttm) | 17.90B |
Net Income (ttm) | 1.75B |
Shares Out | 152.24M |
EPS (ttm) | 11.07 |
PE Ratio | 10.45 |
Forward PE | 13.37 |
Dividend | $1.84 (1.59%) |
Ex-Dividend Date | Sep 30, 2024 |
Volume | 3,347,985 |
Open | 114.80 |
Previous Close | 115.29 |
Day's Range | 114.03 - 116.85 |
52-Week Range | 104.60 - 155.56 |
Beta | 1.33 |
Analysts | Buy |
Price Target | 140.67 (+21.59%) |
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 2023, Steel Dynamics's revenue was $18.80 billion, a decrease of -15.57% compared to the previous year's $22.26 billion. Earnings were $2.45 billion, a decrease of -36.55%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for STLD stock is "Buy." The 12-month stock price forecast is $140.67, which is an increase of 21.59% from the latest price.
News
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...
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.
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.
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.
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...
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...
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.
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.
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...
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...
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 ...
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...
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.
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...
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...
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.
Steel Stocks Rebound: JPMorgan Lifts Ratings On Nucor, Steel Dynamics, US Steel
Following the pressure on shares of North America steel companies due to weakening fundamentals, they are now more attractively valued.
Steel Dynamics, Along with Several Other Organizations, Files Trade Petitions Against Countries on Corrosion Resistant Flat Rolled Steel
FORT WAYNE, Ind. , Sept. 5, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today petitioned the Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) to apply ant...
Calls of the Day: Oracle, Autodesk and Steel Dynamics
The Investment Committee discuss the latest Calls Of The Day.
Steel Dynamics Announces Third Quarter 2024 Cash Dividend
FORT WAYNE, Ind. , Aug. 16, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a third quarter cash dividend of $0.46 per common...
Steel Dynamics Can Benefit From Demand Bottoming
Steel Dynamics shares have pulled back over 10% from their high due to concerns about the economy, but Q2 results show potential for a bottom. Supported by government programs, potential rate cuts, an...
Steel Dynamics: Trump Trade Stock
Steel Dynamics, Inc. has become more resilient despite YTD underperformance, with strong business model and shareholder value initiatives. The company's 2Q 2024 results exceeded expectations, showcasi...
Steel Dynamics, Inc. (STLD) Q2 2024 Earnings Call Transcript
Steel Dynamics, Inc. (NASDAQ:STLD) Q2 2024 Earnings Conference Call July 18, 2024 11:00 AM ET Company Participants David Lipschitz - Director, IR Mark Millett - Chairman & CEO Theresa Wagler - EVP & ...
Reminder: Steel Dynamics Announces Second Quarter 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , July 18, 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...
Steel Dynamics Reports Second Quarter 2024 Results
FORT WAYNE, Ind. , July 17, 2024 /PRNewswire/ -- Second Quarter 2024 Performance Highlights: Steel shipments of 3.2 million tons Net sales of $4.6 billion, operating income of $559 million, net incom...