Steel Dynamics, Inc. (STLD)

NASDAQ: STLD · IEX Real-Time Price · USD
130.54
+2.94 (2.30%)
At close: Jul 26, 2024, 4:00 PM
132.65
+2.11 (1.62%)
After-hours: Jul 26, 2024, 6:47 PM EDT
2.30%
Market Cap 20.51B
Revenue (ttm) 18.60B
Net Income (ttm) 2.40B
Shares Out 157.13M
EPS (ttm) 14.61
PE Ratio 8.93
Forward PE 12.50
Dividend $1.84 (1.41%)
Ex-Dividend Date Jun 28, 2024
Volume 1,022,706
Open 128.18
Previous Close 127.60
Day's Range 127.75 - 131.84
52-Week Range 95.53 - 151.34
Beta 1.37
Analysts Hold
Price Target 132.13 (+1.22%)
Earnings Date Jul 17, 2024

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 8 analysts, the average rating for STLD stock is "Hold." The 12-month stock price forecast is $132.13, which is an increase of 1.22% from the latest price.

Price Target
$132.13
(1.22% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

8 days 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...

9 days ago - PRNewsWire

Why Trump Tariffs Are Lifting Steel Dynamics, Other U.S. Stocks

President Trump is up in 2024 general election polls. That is boosting materials and car stocks while sending renewable energy shares lower.

Other symbols: AACENXRS
11 days ago - Barrons

Steel Dynamics Announces Second Quarter 2024 Earnings Conference Call and Webcast

FORT WAYNE, Ind. , July 9, 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...

17 days ago - PRNewsWire

Steel Dynamics Announces Completion of Note Offering

FORT WAYNE, Ind. , July 3, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced today that it has consummated the sale of $600 million aggregate principal amount of 5.375% Notes due 2...

23 days ago - PRNewsWire

Steel Dynamics Congratulates Mark D. Millett for Receiving the 2024 Willy Korf / Ken Iverson Steel Vision Award

FORT WAYNE, Ind. , June 18, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) congratulates Mark D.

5 weeks ago - PRNewsWire

Steel Dynamics' stock falls after company issues profit warning

Steel Dynamics Inc.'s stock STLD, -0.60% fell 1.8% early Monday, after the company issued a profit warning for the second quarter. Profitability from the company's steel operations “are expected to be...

5 weeks ago - Market Watch

Steel Dynamics Provides Second Quarter 2024 Earnings Guidance

FORT WAYNE, Ind. , June 17, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter 2024 earnings guidance in the range of $2.64 to $2.68 per diluted share.

5 weeks ago - PRNewsWire

Top 5 Materials Stocks That Could Blast Off In June

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: CLFSHWTX
6 weeks ago - Benzinga

Steel Dynamics Announces Second Quarter 2024 Cash Dividend

FORT WAYNE, Ind. , May 10, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a second quarter cash dividend of $0.46 per common...

2 months ago - PRNewsWire

Steel Dynamics Reports First Quarter 2024 Results

FORT WAYNE, Ind. , April 23, 2024 /PRNewswire/ -- First Quarter 2024 Performance Highlights: Steel shipments of 3.3 million tons Net sales of $4.7 billion, operating income of $751 million, net income...

3 months ago - PRNewsWire

8 Stocks to Buy Ahead of Earnings

We searched for names whose 2024 earnings expectations have either been revised higher by analysts or kept unchanged since late February, when aggregate earnings estimates for the S&P 500 began to fal...

Other symbols: AMPGMMATMTDRSHWSTXWHR
3 months ago - Barrons

Final Trades: Shell, Freeport-McMoran and Steel Dynamics

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: FCXSHEL
3 months ago - CNBC Television

Steel Dynamics Announces First Quarter 2024 Earnings Conference Call and Webcast

FORT WAYNE, Ind. , April 4, 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...

4 months ago - PRNewsWire

Steel Dynamics Announces Leadership Appointments

FORT WAYNE, Ind. , April 1, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced leadership appointments for James Anderson and Chad Bickford.

4 months ago - PRNewsWire

Final Trades: Steel Dynamics, Sabra Health Care, ASML Holding and Deere

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: ASMLDESBRA
4 months ago - CNBC Television

Steel Dynamics Stock Hits a Record High on 'Meaningfully Stronger' Profitability

Steel Dynamics (STLD) shares soared to a record high after the steel maker reported much better-than-expected guidance on booming demand.

4 months ago - Investopedia

Steel Dynamics sees ‘meaningfully stronger' profit amid broad demand growth

Shares of Steel Dynamics Inc. rallied Friday after the steelmaker provided a first-quarter profit outlook that beat expectations and cited increased shipments across its businesses.

4 months ago - Market Watch

Steel Dynamics Provides First Quarter 2024 Earnings Guidance

FORT WAYNE, Ind. , March 15, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided first quarter 2024 earnings guidance in the range of $3.51 to $3.55 per diluted share.

4 months ago - PRNewsWire

Final Trades: JPMorgan Chase, Steel Dynamics, Qualcomm and URNM

Today's ‘Halftime Report' Investment Committee, Bryn Talkington, Joe Terranova, Jim Lebenthal and Josh Brown, give their top picks to watch for the second half.

Other symbols: QCOMJPMURNM
5 months ago - CNBC Television

Steel Dynamics Announces First Quarter 2024 Cash Dividend Increase of 8%

FORT WAYNE, Ind. , Feb. 26, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.46 per common...

5 months ago - PRNewsWire

Steel Dynamics Announces Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast

FORT WAYNE, Ind. , Jan. 4, 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...

6 months ago - PRNewsWire

Steel Dynamics Reports Fourth Quarter and Annual 2023 Results

FORT WAYNE, Ind. , Jan. 23, 2024 /PRNewswire/ --  Annual 2023 Performance Highlights: Record steel shipments of 12.8 million tons Net sales of $18.8 billion, operating income of $3.2 billion, and net ...

6 months ago - PRNewsWire

U.S. Steel Stock Has Soared. These Stocks Are The Better Bet Now.

United States Steel has agreed to be purchased by Nippon Steel. Cleveland-Cliffs stock might be the better bet for 2024.

Other symbols: XCLFNUE
7 months ago - Barrons

Steel Dynamics Stock Jumps as Company Issues Strong Current Quarter Guidance

Steel Dynamics (STLD) shares advanced after the steel producer and scrap metal recycler gave current quarter guidance above forecasts on strong orders.

8 months ago - Investopedia