Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
144.04
+3.80 (2.71%)
At close: Nov 20, 2024, 4:00 PM
144.11
+0.07 (0.05%)
After-hours: Nov 20, 2024, 7:52 PM EST
Steel Dynamics Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Steel Dynamics stock have an average target of 139.9, with a low estimate of 119 and a high estimate of 160. The average target predicts a decrease of -2.87% from the current stock price of 144.04.
Analyst Consensus: Buy
* Price targets were last updated on Oct 18, 2024.
Analyst Ratings
The average analyst rating for Steel Dynamics stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 6 | 6 | 7 | 6 | 6 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 8 | 8 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Buy Maintains $132 → $150 | Strong Buy | Maintains | $132 → $150 | +4.14% | Oct 18, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $129 → $134 | Hold | Maintains | $129 → $134 | -6.97% | Oct 18, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $130 → $135 | Hold | Maintains | $130 → $135 | -6.28% | Oct 18, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $127 → $130 | Hold | Maintains | $127 → $130 | -9.75% | Oct 10, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $131 → $129 | Hold | Maintains | $131 → $129 | -10.44% | Oct 9, 2024 |
Financial Forecast
Revenue This Year
18.11B
from 18.80B
Decreased by -3.64%
Revenue Next Year
18.58B
from 18.11B
Increased by 2.61%
EPS This Year
10.32
from 14.64
Decreased by -29.47%
EPS Next Year
10.24
from 10.32
Decreased by -0.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.8B | 20.4B | 22.2B |
| Avg | 18.1B | 18.6B | 20.1B |
| Low | 17.3B | 16.2B | 16.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.0% | 12.7% | 19.5% |
| Avg | -3.6% | 2.6% | 8.0% |
| Low | -8.0% | -10.7% | -11.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.94 | 11.63 | 15.30 |
| Avg | 10.32 | 10.24 | 12.17 |
| Low | 9.75 | 7.73 | 9.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -25.3% | 12.7% | 49.4% |
| Avg | -29.5% | -0.8% | 18.9% |
| Low | -33.4% | -25.1% | -2.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.