STLD icon

Steel Dynamics

135.83 USD
+2.95
2.22%
At close Feb 14, 4:00 PM EST
After hours
135.83
+0.00
0.00%
1 day
2.22%
5 days
1.58%
1 month
9.97%
3 months
-1.44%
6 months
18.06%
Year to date
21.35%
1 year
13.44%
5 years
377.60%
10 years
588.79%
 

About: Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, steel fabrication operations, Aluminum Operations Segment, and others. It generates maximum revenue from the steel operations segment.

Employees: 12,600

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 6 (+3) [Q3]

40% more call options, than puts

Call options by funds: $291M | Put options by funds: $208M

17% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 78

1% more funds holding

Funds holding: 766 [Q2] → 770 (+4) [Q3]

5.4% less ownership

Funds ownership: 84.35% [Q2] → 78.95% (-5.4%) [Q3]

10% less capital invested

Capital invested by funds: $17.2B [Q2] → $15.4B (-$1.8B) [Q3]

19% less repeat investments, than reductions

Existing positions increased: 254 | Existing positions reduced: 312

Research analyst outlook

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

Low target
$132
3%
downside
Avg. target
$147
8%
upside
High target
$155
14%
upside

7 analyst ratings

positive
43%
neutral
57%
negative
0%
Keybanc
Philip Gibbs
50% 1-year accuracy
11 / 22 met price target
14%upside
$155
Overweight
Upgraded
11 Feb 2025
Morgan Stanley
Carlos De Alba
38% 1-year accuracy
9 / 24 met price target
7%upside
$145
Equal-Weight
Maintained
3 Feb 2025
Jefferies
Christopher LeFemina
67% 1-year accuracy
4 / 6 met price target
7%upside
$145
Buy
Upgraded
24 Jan 2025
JP Morgan
Bill Peterson
39% 1-year accuracy
12 / 31 met price target
3%downside
$132
Neutral
Maintained
17 Jan 2025
Citigroup
Alexander Hacking
67% 1-year accuracy
6 / 9 met price target
7%upside
$145
Buy
Maintained
19 Dec 2024

Financial journalist opinion

Based on 15 articles about STLD published over the past 30 days

Positive
Seeking Alpha
4 days ago
Steel Dynamics: Tariffs Tailwind
Steel Dynamics shares have surged 8.6% due to Trump's tariffs, making their products more competitive against imports. Trump's recent tariffs on steel and aluminum will further benefit Steel Dynamics by allowing them to price products higher without foreign competition. Despite conservative growth estimates, I believe Steel Dynamics will see accelerated growth, with potential for up to 29.7% upside in shares.
Steel Dynamics: Tariffs Tailwind
Positive
Investors Business Daily
6 days ago
Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal
Now that steel and aluminum are the next targets for Trump tariffs, Steel Dynamics and Century Aluminum may offer early entries. The post Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal appeared first on Investor's Business Daily.
Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal
Neutral
MarketBeat
1 week ago
3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Investors have had to deal with a lot of uncertainty lately in the stock market as President Trump has rolled out the latest rounds of tariffs, targeting goods traded with China, Mexico, and Canada first. These policies have created a common view for investors that leans on inflation coming back and domestic business demand falling off a cliff.
3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Positive
CNBC
1 week ago
Steelmakers may benefit from Trump trade salvos, but Wall Street warns of longer-term headwinds
On Saturday, Trump slapped 25% tariffs on imports from Mexico and Canada and a 10% levy on those from China. Although the tariffs on Mexico were delayed for a month early Monday, the levies are expected to make foreign steel more expensive in the United States.
Steelmakers may benefit from Trump trade salvos, but Wall Street warns of longer-term headwinds
Neutral
PRNewsWire
2 weeks ago
Steel Dynamics Named One of World's Most Admired Companies by Fortune
FORT WAYNE, Ind., Jan. 30, 2025 /PRNewswire/ -- Fortune named Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the World's Most Admired Companies for 2025.
Steel Dynamics Named One of World's Most Admired Companies by Fortune
Negative
Zacks Investment Research
2 weeks ago
3 Steel Producer Stocks to Watch Amid Pricing Headwinds
Weaker steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. NUE, MT and STLD are well poised to navigate the current challenging environment.
3 Steel Producer Stocks to Watch Amid Pricing Headwinds
Neutral
PRNewsWire
3 weeks ago
Steel Dynamics Recognized by Corporate Knights as One of the Most Sustainable Corporations in the World
FORT WAYNE, Ind. , Jan. 24, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced that Corporate Knights has recognized the company as one of the 2025 Global 100 Most Sustainable Corporations, ranking 29th overall and recognized as the leader within the steelmaking industry globally.
Steel Dynamics Recognized by Corporate Knights as One of the Most Sustainable Corporations in the World
Neutral
Seeking Alpha
3 weeks ago
Steel Dynamics, Inc. (STLD) Q4 2024 Earnings Call Transcript
Steel Dynamics, Inc. (NASDAQ:STLD ) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET Company Participants David Lipschitz - Director, IR Mark Millett - Chairman and CEO Theresa Wagler - EVP and CFO Barry Schneider - President and COO Conference Call Participants Tristan Gresser - BNP Paribas Timna Tanners - Wolfe Research Lawson Winder - Bank of America Merrill Lynch Alexander Hacking - Citigroup Bill Peterson - JPMorgan John Tumazos - Very Independent Research, LLC Operator Good day, and welcome to the Steel Dynamics Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Steel Dynamics, Inc. (STLD) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
3 weeks ago
Steel Dynamics' Q4 Earnings Surpass Estimates, Sales Miss
STLD believes that the market conditions are in place to support rising demand across its operational platforms in 2025.
Steel Dynamics' Q4 Earnings Surpass Estimates, Sales Miss
Neutral
PRNewsWire
3 weeks ago
Reminder: Steel Dynamics Announces Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , Jan. 23, 2025 /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 release Fourth Quarter and Full Year 2024 financial results after market close on Wednesday, January 22, 2025.
Reminder: Steel Dynamics Announces Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
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