STLD - Steel Dynamics, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
30.38
+1.20 (+4.11%)
At close: 4:00PM EDT
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Previous Close29.18
Open29.96
Bid0.00 x 1100
Ask0.00 x 1200
Day's Range29.81 - 30.80
52 Week Range25.03 - 42.22
Volume2,109,042
Avg. Volume2,244,771
Market Cap6.672B
Beta (3Y Monthly)1.86
PE Ratio (TTM)6.51
EPS (TTM)4.66
Earnings DateOct 16, 2019
Forward Dividend & Yield0.96 (3.41%)
Ex-Dividend Date2019-09-27
1y Target Est33.36
Trade prices are not sourced from all markets
  • Trump Steel Tariffs: Will History Repeat Itself?
    Market Realist

    Trump Steel Tariffs: Will History Repeat Itself?

    Will President Trump lift the steel tariffs like President Bush? President Trump's steel tariffs will likely remain due to his support base.

  • Moody's

    Steel Dynamics, Inc. -- Moody's upgrades SDI's ratings: senior unsecured to Baa3; outlook stable

    Moody's Investors Service ("Moody's") upgraded Steel Dynamics Inc.'s (SDI) senior unsecured ratings to Baa3 from Ba1. "The upgrade to Baa3 acknowledges SDI's consistent ability to demonstrate good performance through various industry cycles, particularly down cycles and be free cash flow generative over a number of years (before share repurchases and acquisitions, which have been accommodated through the company's strong cash position" said Carol Cowan, Senior Vice President and lead analyst for SDI. At the same time, Moody's withdrew the company's Ba1 Corporate Family Rating, the Ba1-PD Probability of Default rating and the SGL-1 Speculative Grade Liquidity Rating following the company's upgrade to Baa3 as per the rating agency's practice for corporates with investment grade ratings.

  • US Raw Steel Production Slips, Slumping Prices Raise Red Flag
    Zacks

    US Raw Steel Production Slips, Slumping Prices Raise Red Flag

    Falling steel prices and softer demand have raised concerns about a possible weak Q3 earnings season for the U.S. steel industry.

  • Will U.S. Steel’s New Structure Beat the Weak Market?
    Market Realist

    Will U.S. Steel’s New Structure Beat the Weak Market?

    U.S. Steel announced a new organizational structure and operating model. Will the company's latest transformational steps help it tide the weak market?

  • Barrons.com

    U.S. Steel and TimkenSteel Have Been Big Losers. Executives Are Leaving With Millions.

    Now weak pricing for the metal and lackluster profits for the companies are shaking up management teams. Both (X) (ticker: X) and (TMST) (TMST) announced big management changes Wednesday. At (X)—one of the relatively few, older companies with a single-letter stock ticker—there is a new chief financial officer, not to mention new heads for strategy and manufacturing and a chief commercial officer, for sales.

  • Steel Dynamics (STLD) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
    Zacks

    Steel Dynamics (STLD) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

    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.

  • US Steel Stocks Survive a Downgrade from Moody’s
    Market Realist

    US Steel Stocks Survive a Downgrade from Moody’s

    Moody’s turned bearish on the US steel sector and downgraded the sector’s outlook from stable to negative. However, US steel stocks have been largely stable.

  • GM Strike Sends Another Knock to Wobbly U.S. Steel Sector
    Bloomberg

    GM Strike Sends Another Knock to Wobbly U.S. Steel Sector

    (Bloomberg) -- With its midyear recovery already in doubt, the American steel industry now has a little more to worry about with each passing day a strike drags on at General Motors Co.Analysts at UBS Group AG remain cautious on domestic steelmakers such as U.S. Steel Corp., arguing in a report that the market likely has weakened since producers provided worse-than-expected guidance last month. Compounding the concern is the GM strike because the automaker represents roughly 5% of annual steel demand in the U.S.“Kind of the way to think about it is each day GM isn’t producing cars is one more step towards that roughly 5% of annual demand,” Cleve Rueckert, an analyst at UBS, said Monday in a phone interview.Optimism has been fading for steelmakers more than a year after the introduction of tariffs meant to bolster the industry. The U.S. trade actions encouraged companies to expand capacity by investing in new mills or upgrading aging assets, leading to fears of oversupply. Despite the hope in July that new steel-price gains may stick, faltering economic growth and U.S.-China trade tensions have dented prospects for the metal.A S&P gauge of steelmakers has tumbled 8.6% since the GM strike took effect on Sept. 16.Domestic hot-rolled coil, the benchmark steel price, is down about 39% in the past 12 months, and is near the lowest price since 2016. Meanwhile, U.S. Steel has fallen 63% in the past year, AK Steel Holding Corp. has dropped 53%, Steel Dynamics Inc. has lost 38%, while U.S. industry leader Nucor Corp. is down 23%.“Right now we’re struggling to find positive catalysts to support steel prices,” UBS’s Andreas Bokkenheuser, who co-authored the report with Rueckert, said by phone.(Adds decline S&P steel equities gauge in fifth paragraph.)\--With assistance from Aoyon Ashraf.To contact the reporter on this story: Joe Deaux in New York at jdeaux@bloomberg.netTo contact the editors responsible for this story: Luzi Ann Javier at ljavier@bloomberg.net, Steven Frank, Joe RichterFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • PR Newswire

    Steel Dynamics Announces Third Quarter 2019 Earnings Conference Call and Webcast

    FORT WAYNE, Ind. , Oct. 4, 2019 /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 ...

  • Should You Be Excited About Steel Dynamics, Inc.'s (NASDAQ:STLD) 26% Return On Equity?
    Simply Wall St.

    Should You Be Excited About Steel Dynamics, Inc.'s (NASDAQ:STLD) 26% Return On Equity?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • TheStreet.com

    US Steel Buys Minority Stake in Big River Steel in 'Clear Path to Consolidation'

    US Steel said Tuesday it had reached an agreement to buy a minority stake in Big River Steel, with an option to take complete control over the next four years, in a deal that could ultimately be valued at more than $2 billion.

  • Moody's

    Steel Dynamics, Inc. -- Moody's announces completion of a periodic review of ratings of Steel Dynamics, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Steel Dynamics, Inc. New York, September 30, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Steel Dynamics, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • US Steel Imports Fell: Don’t Celebrate Just Yet!
    Market Realist

    US Steel Imports Fell: Don’t Celebrate Just Yet!

    Preliminary data showed that US steel imports fell sharply in August after the spike in July. However, falling imports haven't restored investor sentiments.

  • Global Steel Output Up as China Mills Roar Back: What's Next?
    Zacks

    Global Steel Output Up as China Mills Roar Back: What's Next?

    Chinese steel production shot up 9.3% year over year in August on expectations of higher demand following a slowdown in July.

  • US Steel ‘Thriving’ No More as Big Bull Caves In
    Market Realist

    US Steel ‘Thriving’ No More as Big Bull Caves In

    JPMorgan Chase analyst Michael Gambardella downgraded US steel stocks. Gambardella had been bullish on US steel stocks even when Wall Street turned bearish.

  • TheStreet.com

    AK Steel Turns Up Despite J.P. Morgan Double Downgrade to Underweight

    AK Steel is up slightly on J.P. Morgan's double downgrade in a report that warns about uncertainties facing the steel industry.

  • TheStreet.com

    U.S. Steel Shares Swing Up Despite J.P. Morgan Downgrade, Price Target Cut

    Analysts at J.P. Morgan cut their price target on the stock following last week's profit warning the company linked to weakening global demand.

  • U.S. Raw Steel Production Skids as Capacity Stays Below 80%
    Zacks

    U.S. Raw Steel Production Skids as Capacity Stays Below 80%

    Capacity utilization, a key metric in the steel industry, remained below the important 80% level for the third straight week.

  • Benzinga

    PreMarket Prep Recap: Buybacks Add Fuel To Rally Ahead Of Quadruple Witch Expiration

    Two factors increasing the chance of that were the overall reaction from the Fed's action, a buyback from Target Corporation (NYSE: TGT) and a dividend raise and buyback by the S&P 500 index top component Microsoft Corporation (NASDAQ: MSFT). The impact of the former CEO of Overstock.com Inc (NASDAQ: OSTK) dumping all of his shares was discussed. United States Steel Corporation (NYSE: X) followed the lead of Steel Dynamics, Inc. (NASDAQ: STLD) in lowering third-quarter guidance, and it was deep in the red in premarket trading.

  • US Steel Guidance: A Negative Read for Cleveland-Cliffs
    Market Realist

    US Steel Guidance: A Negative Read for Cleveland-Cliffs

    Cleveland-Cliffs (CLF) and its US steel peers are on a roller-coaster ride in 2019. CLF fell 25.5% in August alone. Year-to-date, it's up 6.4%.

  • US Steel Companies’ Guidance Opens a Can of Worms
    Market Realist

    US Steel Companies’ Guidance Opens a Can of Worms

    This week, three leading US steel companies provided their third-quarter earnings guidances. All these guidances were lower than analysts were expecting.

  • Benzinga

    US Steel Joins Chorus of Steelmakers Warning Of Q3 Underperformance

    United States Steel Corporation (NYSE: X) became the latest to warn of worsening fundamentals when it made a third-quarter pre-announcement late Wednesday. After the strength witnessed in the summer, the flat-rolled steel market has softened, U.S. Steel said. U.S. Steel now expects full-year flat-rolled shipments to third-party customers to be 10.7 million tons, as it expects to idle two of its U.S. blast furnaces to match supply with demand forecasts.

  • Do Downbeat Views Point to a Tough Q3 for US Steel Stocks?
    Zacks

    Do Downbeat Views Point to a Tough Q3 for US Steel Stocks?

    Disappointing guidance from some of the major U.S. steel makers has raised worries about a possible weak Q3 earnings season for the U.S. steel industry.

  • Barrons.com

    Steel Dynamics Gave Earnings Guidance Below Street Views. Here’s Why It’s Good Enough.

    The company guided investors to third-quarter earnings of about 68 cents a share, below Wall Street’s guess of 72 cents. Normally guiding below the consensus estimate would be a negative, but Steel Dynamics stock rose at the open and was recently down 1.1%. KeyBanc analyst Philip Gibbs is the low man on the Street with a 60-cent third-quarter estimate.

  • Benzinga

    Steel Dynamic's Q3 Guidance Comes In Worse Than Expected

    Steel Dynamics, Inc. (NASDAQ: STLD ) issued third-quarter earnings guidance Tuesday in the range of 66 to 70 cents per diluted share vs. a Street estimate of 71 cents.  The company said it expects third-quarter ...