Steel Dynamics (STLD)

• Market cap: $19.4B
• 1 day: 0.33%
• 5 days: 6.55%
• 1 month: 3.70%
• 3 months: -0.77%
• 6 months: -2.30%
• Year to date: 15.88%
• 1 year: -0.32%
• 5 years: 434.45%
• 10 years: 486.13%
• Sector: Materials
• Industry: Steel

About: Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.

Employees: 13,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

92% more call options, than puts

Call options by funds: $368M | Put options by funds: $192M

17% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 94

2.39% more ownership

Funds ownership: 78.16% [Q3] → 80.55% (+2.39%) [Q4]

3% more repeat investments, than reductions

Existing positions increased: 282 | Existing positions reduced: 275

0% less funds holding

Funds holding: 776 [Q3] → 774 (-2) [Q4]

8% less capital invested

Capital invested by funds: $15.2B [Q3] → $14B (-$1.21B) [Q4]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 5 (-1) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $138 6% upside
• Avg. target: $145 12% upside
• High target: $155 19% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Morgan Stanley Carlos De Alba 33% 1-year accuracy 8 / 24 met price target	8% upside $140	Overweight Maintained	24 Apr 2025
JP Morgan Bill Peterson 47% 1-year accuracy 17 / 36 met price target	6% upside $138	Neutral Maintained	24 Apr 2025
BMO Capital Katja Jancic 42% 1-year accuracy 5 / 12 met price target	12% upside $145	Outperform Upgraded	31 Mar 2025
UBS Andrew Jones 100% 1-year accuracy 1 / 1 met price target	15% upside $149	Buy Upgraded	24 Mar 2025
Keybanc Philip Gibbs 39% 1-year accuracy 9 / 23 met price target	20% upside $155	Overweight Upgraded	11 Feb 2025