Steel Dynamics, Inc. (STLD)

NASDAQ: STLD · Real-Time Price · USD
115.69
+0.40 (0.35%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.35%
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]

Industry Steel
Sector Materials
IPO Date Nov 21, 1996
Employees 12,600
Stock Exchange NASDAQ
Ticker Symbol STLD
Full Company Profile

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 Statements

Analyst 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.

Price Target
$140.67
(21.59% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

4 days ago - Investopedia

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.

5 days ago - PRNewsWire

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.

9 days ago - PRNewsWire

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.

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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.

Other symbols: CRBGPCG
2 months ago - Barrons

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.

2 months ago - Benzinga

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...

2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - Seeking Alpha

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.

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

Other symbols: ABBVBACBKBLKCATCFGCI
2 months ago - Seeking Alpha

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.

3 months ago - PRNewsWire

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.

Other symbols: NUEX
3 months ago - Benzinga

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...

3 months ago - PRNewsWire

Calls of the Day: Oracle, Autodesk and Steel Dynamics

The Investment Committee discuss the latest Calls Of The Day.

Other symbols: ADSKORCL
3 months ago - CNBC Television

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...

4 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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 & ...

5 months ago - Seeking Alpha

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire