Steel Dynamics, Inc. (STLD)
| Market Cap | 12.76B |
| Revenue (ttm) | 10.57B |
| Net Income (ttm) | 793.99M |
| Shares Out | 211.02M |
| EPS (ttm) | 6.70 |
| PE Ratio | 9.12 |
| Forward PE | 4.55 |
| Dividend | $1.02 |
| Dividend Yield | 1.67% |
| Trading Day | July 26 |
| Last Price | $61.06 |
| Previous Close | $59.08 |
| Change ($) | 1.98 |
| Change (%) | 3.35% |
| Day's Open | 59.34 |
| Day's Range | 59.01 - 61.19 |
| Day's Volume | 2,428,705 |
| 52-Week Range | 26.15 - 66.58 |
Is (STLD) Outperforming Other Basic Materials Stocks This Year?
Steel Dynamics (STLD) witnessed strong steel demand while shipments and product pricing maintained their positive momentum in Q2.
Steel Dynamics (STLD) delivered earnings and revenue surprises of 1.19% and 7.75%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Steel Dynamics (NASDAQ:STLD) decreased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 623.40% year over year to $3.40, which miss...
FORT WAYNE, Ind., July 19, 2021 /PRNewswire/ -- Second Quarter 2021 Highlights: Record steel and fabrication shipments of 2.9 million tons and 189,000 tons, respectively Record net sales of $4.5 billion...
With the first week of the June-quarter earnings season behind us, we are looking ahead to what the coming week has in store.
Steel stocks are likely to put up an impressive show this earnings season, helped by robust demand in major end markets and a strong run-up in steel prices.
In the latest trading session, Steel Dynamics (STLD) closed at $61.20, marking a +0.05% move from the previous day.
Steel Dynamics' (STLD) Q2 results are likely to have benefited from demand strength across key markets and higher domestic steel prices.
Steel Dynamics (STLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is (STLD) Outperforming Other Basic Materials Stocks This Year?
Steel Dynamics' (STLD) repurchase of shares is in addition to the earlier $500-million program, which had $51 million remaining authorized and available for repurchase as of Jun 30, 2021.
FORT WAYNE, Ind., July 7, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced a goal to be carbon neutral by 2050 for its electric arc furnace (EAF) steel mill operations.
FORT WAYNE, Ind. , July 6, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors authorized an additional share repurchase program of up to $1...
FORT WAYNE, Ind., July 6, 2021 /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 t...
Soaring steel prices and demand upsurge across major end-markets have put the steel industry on a firm footing. MT, NUE, X, STLD and ZEUS are worth betting on right now.
Steel Dynamics (STLD) closed at $60.72 in the latest trading session, marking a -0.31% move from the prior day.
Steel Dynamics (STLD), AMN Healthcare (AMN) and Star Bulk Carriers (SBLK) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
In the latest trading session, Steel Dynamics (STLD) closed at $58.75, marking a +0.2% move from the previous day.
Crude steel production from China hit a fresh monthly record of 99.5 Mt in May on firm domestic demand and healthy margins at mills.
Steel Dynamics (STLD) closed the most recent trading day at $60.14, moving +0.17% from the previous trading session.
Is (STLD) Outperforming Other Basic Materials Stocks This Year?
Steel Dynamics (STLD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Steel Dynamics (STLD) expects second-quarter adjusted earnings in the range of $3.34-$3.38 per share.
The steel industry is firing on all cylinders thanks to soaring steel prices and the demand upsurge across major end-markets. NUE, X, STLD, MT and TX are good options for investment right now.
In the latest trading session, Steel Dynamics (STLD) closed at $62.21, marking a -1.54% move from the previous day.
FORT WAYNE, Ind., June 16, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter 2021 earnings guidance in the range of $3.26 to $3.30 per diluted share.
Invest in high earnings yield stocks including STLD, PLCE, MU and ALSN for a winning portfolio.
4 Steel Producer Stocks to Ride the Booming Industry
In the latest trading session, Steel Dynamics (STLD) closed at $64.36, marking a -0.23% move from the previous day.
We have narrowed down our search to five steel producers that have rallied more than 30% in the past three months. These are: NUE, TMST, SCHN, STLD and MT.
Steel Dynamics (STLD) closed the most recent trading day at $64.22, moving +0.74% from the previous trading session.
Is (STLD) Outperforming Other Basic Materials Stocks This Year?
Steel Dynamics (STLD) closed the most recent trading day at $63.75, moving -1.16% from the previous trading session.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Rank.
Steel Dynamics (STLD), Harley-Davidson (HOG) and Daqo New Energy (DQ) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
Steel Dynamics (STLD) closed at $60.93 in the latest trading session, marking a +1.25% move from the prior day.
FORT WAYNE, Ind., May 24, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that Mark D.
FORT WAYNE, Ind., May 20, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors has declared a quarterly cash dividend of $0.26 per common share.
Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
Is (STLD) Outperforming Other Basic Materials Stocks This Year?
Steel Dynamics stock has seen a formidable rise of 73% in the last six months and it now trades close to $64. After the stock saw a significant fall in early 2020 following the outbreak of the coronavir...
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From a low of around $450 a ton in late August last year to more than $1,200 a ton by March 1 of this year, the spike in steel prices certainly qualifies as a supercycle.
Is (STLD) Outperforming Other Basic Materials Stocks This Year?
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.
Steel Dynamics (STLD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
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 and cold roll, and coated steel products; structural flange beams and channel sections, flat bars, large unequal leg angles, reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-qual... [Read more...]
| Industry Steel | IPO Date Nov 21, 1996 |
| CEO Mark Millett | Employees 9,625 |
| Stock Exchange NASDAQ | Ticker Symbol STLD |
Financial Performance
In 2020, Steel Dynamics's revenue was $9.60 billion, a decrease of -8.25% compared to the previous year's $10.46 billion. Earnings were $550.82 million, a decrease of -17.92%.
Analyst Forecasts
According to 11 analysts, the average rating for Steel Dynamics stock is "Buy." The 12-month stock price forecast is 76.22, which is an increase of 24.83% from the latest price.