Steel Dynamics, Inc. (STLD)

NASDAQ: STLD · IEX Real-Time Price · USD
83.04
-1.61 (-1.90%)
At close: Aug 17, 2022 4:00 PM
83.66
+0.62 (0.75%)
After-hours: Aug 17, 2022 5:49 PM EDT
-1.90%
Market Cap 15.16B
Revenue (ttm) 22.18B
Net Income (ttm) 4.39B
Shares Out 182.61M
EPS (ttm) 22.35
PE Ratio 3.72
Forward PE 3.84
Dividend $1.20 (1.45%)
Ex-Dividend Date Jun 29, 2022
Volume 1,128,203
Open 82.74
Previous Close 84.65
Day's Range 82.07 - 83.82
52-Week Range 50.54 - 100.37
Beta 1.42
Analysts Buy
Price Target 87.19 (+5.0%)
Earnings Date Jul 20, 2022

About STLD

Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot roll, cold roll, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; and engineered special-... [Read more...]

Industry Metals & Mining
IPO Date Nov 21, 1996
CEO Mark Millett
Employees 10,640
Stock Exchange NASDAQ
Ticker Symbol STLD
Full Company Profile

Financial Performance

In 2021, Steel Dynamics's revenue was $18.41 billion, an increase of 91.73% compared to the previous year's $9.60 billion. Earnings were $3.21 billion, an increase of 483.50%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for STLD stock is "Buy." The 12-month stock price forecast is 87.19, which is an increase of 5.00% from the latest price.

Price Target
$87.19
(5.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Is This Steel Company Making a Big Aluminum Mistake?

So far, Steel Dynamics has followed a well-proven playbook to great success. It is now deviating from that book.

7 Dividend Stocks to Buy Before the Bull Market Returns

2022 has been a volatile year for the U.S. stock market. Searching for a stable income by investing in stocks is a one-way path to high-quality dividend stocks.

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The 3 Best Steel Stocks to Buy Now

This hasn't been a particularly good year for stocks. But June was particularly violent starting on June 8.

Other symbols: NUEX

Steel Dynamics CEO Says His Steel Is More High-Tech Than Facebook

Steel Dynamics CEO Mark Millett co-founded the company. But he started out as a ski bum.

Is Most-Watched Stock Steel Dynamics, Inc. (STLD) Worth Betting on Now?

Recently, Zacks.com users have been paying close attention to Steel Dynamics (STLD). This makes it worthwhile to examine what the stock has in store.

Why Steel Dynamics Stock Jumped Today

Steel pricing remains historically strong, helping this company invest in a new growth opportunity.

Steel Dynamics' (STLD) Earnings and Sales Top Estimates in Q2

Steel Dynamics' (STLD) Q2 results benefit from record steel shipments and higher year-over-year steel prices.

Nucor, STLD Rise On Record Steel Earnings; Alcoa Beats, FCX Misses

Nucor and Steel Dynamics stocks rose on record earnings. Alcoa easily topped estimates, giving AA stock a lift.

Other symbols: NUE

Steel Dynamics (STLD) Q2 Earnings and Revenues Beat Estimates

Steel Dynamics (STLD) delivered earnings and revenue surprises of 6.15% and 2.42%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Steel Dynamics Reports Record Second Quarter 2022 Results

FORT WAYNE, Ind. , July 20, 2022 /PRNewswire/ -- Second Quarter 2022 Performance Highlights: Record steel shipments of 3.1 million tons Record net sales of $6.2 billion Record operating income of $1.6 b...

Steel Dynamics Announces Investment in New State-of-the-Art Low-Carbon Aluminum Flat Rolled Mill, Aligned with Its Co...

FORT WAYNE, Ind. , July 19, 2022  /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that its Board of Directors has authorized the company to construct and operate a 650,000-tonne l...

Will Strong Demand Drive Steel Dynamics' (STLD) Q2 Earnings?

Steel Dynamics' (STLD) second-quarter results are likely to have benefited from demand strength across major markets.

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Steel Dynamics Announces Second Quarter 2022 Earnings Conference Call and Webcast

FORT WAYNE, Ind. , July 11, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends...

Steel Dynamics (STLD) Earnings Expected to Grow: Should You Buy?

Steel Dynamics (STLD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Steel Dynamics (STLD) Could Beat Earnings Estimates Again

Steel Dynamics (STLD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Here's Why Steel Dynamics (STLD) is a Strong Growth Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

How This Steel Company Increased Its Dividend by a Huge 31%!

Steel Dynamics followed its larger peer Nucor with a massive dividend increase. Here's what's behind the big hike.

Other symbols: NUE

Steel Dynamics (STLD) & Aymium Form JV to Cut Steel Emissions

Steel Dynamics' (STLD) investment marks a major step forward on its path to carbon neutrality, and its continued commitment to lower environmental footprint.

Steel Dynamics Announces Strategic Partnership To Reduce Greenhouse Gas Emissions

FORT WAYNE, Ind. , June 28, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the creation of a strategic joint venture with Aymium, a leading producer of renewable biocarbon p...

Steel Dynamics (STLD) Sees Record Q2 Earnings on Strong Demand

Steel Dynamics (STLD) forecasts earnings for second-quarter 2022 to be between $6.33 and $6.37 per share.

U.S. Steelmakers Paint Bullish Q2 Outlook Despite Cooling Prices

While steel prices have witnessed a downward correction, buoyant profit guidance from some major U.S. steel makers has raised optimism about a strong second quarter for the industry.

Other symbols: CMCMTNUEXZEUS

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Outlooks for these companies are looking rosier.

Other symbols: NUEX

Should Value Investors Pick Steel Dynamics (STLD) Stock Now?

Let's see if Steel Dynamics, Inc. (STLD) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Steel Dynamics shares rise on stronger-than-expected profit view

Steel Dynamics Inc. STLD, +1.45% said Thursday it expects second-quarter adjusted earnings of $6.61 to $6.65 a share, which excludes an impact of 28 cents a share for start-up costs of the steel maker's...