Steel Dynamics, Inc. (STLD)

NASDAQ: STLD · IEX Real-Time Price · USD
139.59
-0.19 (-0.13%)
Apr 17, 2024, 1:59 PM EDT - Market open
-0.13%
Market Cap 22.07B
Revenue (ttm) 18.80B
Net Income (ttm) 2.45B
Shares Out 158.16M
EPS (ttm) 14.64
PE Ratio 9.53
Forward PE 12.26
Dividend $1.84 (1.32%)
Ex-Dividend Date Mar 28, 2024
Volume 466,934
Open 142.18
Previous Close 139.77
Day's Range 139.14 - 142.21
52-Week Range 90.55 - 151.34
Beta 1.46
Analysts Hold
Price Target 120.29 (-13.82%)
Earnings Date Apr 23, 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 7 analysts, the average rating for STLD stock is "Hold." The 12-month stock price forecast is $120.29, which is a decrease of -13.82% from the latest price.

Price Target
$120.29
(-13.82% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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
12 hours 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
2 days 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...

12 days 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.

15 days 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
23 days 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 weeks 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 weeks 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 weeks 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
7 weeks 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...

7 weeks 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...

3 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 ...

3 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
4 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.

4 months ago - Investopedia

Steel Dynamics stock rises after company offers consensus-beating guidance for Q4

Steel Dynamics Inc.'s stock STLD, +3.27% rose 1.6% early Friday, after the company offered fourth-quarter guidance that is ahead of consensus. Fort Wayne, Indiana-based Steel Dynamics said it expects ...

4 months ago - Market Watch

Steel Dynamics Provides Fourth Quarter 2023 Earnings Guidance

FORT WAYNE, Ind. , Dec. 15, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided fourth quarter 2023 earnings guidance in the range of $2.60 to $2.64 per diluted share.

4 months ago - PRNewsWire

Why is this mutual fund giant cautious about markets in 2024? T. Rowe Price shares its outlook.

Every year around this time, the giant Baltimore-based investment shop T. Rowe Price Group TROW sends investment managers and strategists to New York City to offer a year-ahead outlook on stocks, bond...

Other symbols: CRBGTROW
5 months ago - Market Watch

Gulf Inland Logistics Park Sells 55 Acres to OmniSource, a Subsidiary of Steel Dynamics Inc.

DAYTON, Texas--(BUSINESS WIRE)--Gulf Inland Logistics Park, a 2,400-acre rail-served industrial park developed by Liberty Development Partners, today announced that OmniSource LLC, a wholly owned subs...

5 months ago - Business Wire

Steel Dynamics Announces Additional $1.5 Billion Share Repurchase Authorization and Fourth Quarter 2023 Cash Dividend

FORT WAYNE, Ind. , Nov. 3, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors authorized an additional share repurchase program of $1.5 b...

5 months ago - PRNewsWire

Steel Dynamics Reports Third Quarter 2023 Results

FORT WAYNE, Ind., Oct. 18, 2023 /PRNewswire/ -- Third Quarter 2023 Performance Highlights: Steel shipments of 3.1 million tons Net sales of $4.6 billion, operating income of $734 million, net income o...

6 months ago - PRNewsWire

Steel industry dented by UAW strike against Detroit's Big Three

Steel prices are suffering and demand is tumbling, worsened by the shutdown of auto plants owned by Ford, General Motors and Stellantis due to strike by the United Auto Workers union.

Other symbols: CLFNUEX
6 months ago - Fox Business

Steel Dynamics Announces Third Quarter 2023 Earnings Conference Call and Webcast

FORT WAYNE, Ind. , Oct. 2, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in the United States, today announced it intend...

7 months ago - PRNewsWire

Mercedes-Benz AG and Steel Dynamics Inc. secure sustainable steel supply deal for Tuscaloosa plant

STUTTGART, Germany--(BUSINESS WIRE)--Mercedes-Benz signs an agreement with Steel Dynamics, Inc. (SDI) to source more than 50,000 tonnes of CO2-reduced steel annually for its plant in Tuscaloosa, Alaba...

Other symbols: MBGYY
7 months ago - Business Wire

Steel Dynamics Provides Third Quarter 2023 Earnings Guidance

FORT WAYNE, Ind. , Sept. 18, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided third quarter 2023 earnings guidance in the range of $3.46 to $3.50 per diluted share.

7 months ago - PRNewsWire

Analyzing Steel Dynamics' Dividend Growth Potential

Steel Dynamics (STLD) is the featured stock in August's Dividend Growth Stocks Model Portfolio.

7 months ago - Forbes