STLD - Steel Dynamics, Inc.
| Previous Close | 46.51 |
| Open | 46.91 |
| Bid | 47.51 x 800 |
| Ask | 47.52 x 800 |
| Day's Range | 46.91 - 47.67 |
| 52 Week Range | 32.20 - 52.10 |
| Volume | 788,843 |
| Avg. Volume | 2,210,129 |
| Market Cap | 11.228B |
| Beta | 1.33 |
| PE Ratio (TTM) | 13.60 |
| EPS (TTM) | 3.50 |
| Earnings Date | Jul 17, 2018 - Jul 23, 2018 |
| Forward Dividend & Yield | 0.75 (1.48%) |
| Ex-Dividend Date | 2018-03-28 |
| 1y Target Est | 53.93 |
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4 Top Earnings Growth Stocks to Boost Your Portfolio
Here are four stocks that have striking earnings growth and positive estimate revisions
- Zacks•5 hours ago
Commercial Metals (CMC) Q3 Earnings in Line, Revenues Lag
Indicators of macroeconomic and market conditions in both the United States and Poland suggest economic growth and robust long steel product demand, which bodes well for Commercial Metal (CMC).
- Market Realist•22 hours ago
Even Wilbur Ross Is Worried about Rising Steel Prices
Is the Worst Over for US Steel Stocks? Commerce Secretary Wilbur Ross has expressed concern over rising steel prices in the United States. On June 20, Ross told the Senate Finance Committee that “there has been a lot of speculative activity, storing inventory, [and] withholding product from the market by various intermediary parties, so the price of steel, and for a while the price of aluminum, went up far more than is justified by the tariffs,” according to S&P Global Platts.
- Zacks•yesterday
EU Imposes $3.2 Billion Tariffs: Which US Stocks Will Suffer?
From Jun 22, EU will levy import tariffs of 2.8 billion euros or more than $3.2 billion on a variety of American products.
Market Realist•2 days agoWhy Steel Bulls Have Taken a Backseat
As noted previously, some brokerages have downgraded steel stocks this month, despite surging US steel prices. As of June 19, AK Steel (AKS) and ArcelorMittal (MT) had fallen this year, while U.S. Steel Corporation (X) was trading flat and Nucor (NUE) had gained 3.6%. Meanwhile, while bears have been warming up to steel stocks (XME), steel bulls have taken a backseat. Let’s see why.
InvestorPlace•2 days ago4 Top Ranked Value Stocks to Buy for June 20th
Here are four stocks with buy rank and strong value characteristics for investors to consider today, June 20th:
Market Realist•2 days agoSteel Bears Growl after the ‘T’ Word Rattles Markets
Steel stocks fell yesterday, with U.S. Steel Corporation (X) and AK Steel (AKS) falling 2.7% and 2.0%, respectively, Nucor (NUE) falling 1.9%, and Steel Dynamics (STLD) falling 2.0%. The Dow Jones Industrial Average (DIA) fell 1.1%. US steel stocks are having a tough time this year despite Section 232 tariffs lifting benchmark hot rolled coil prices to a decade high.
- Zacks•2 days ago
Should You Invest in the First Trust Materials AlphaDEX Fund (FXZ)?
Sector ETF report for FXZ
- Zacks•2 days ago
Has Steel Dynamics (STLD) Outpaced Other Basic Materials Stocks This Year?
Is Steel Dynamics, Inc. (STLD) Outperforming Other Basic Materials Stocks This Year?
- Market Realist•2 days ago
Would US Steel Stocks Have Been Better Off without the Tariffs?
To sum it up, both Nucor (NUE) and Steel Dynamics (STLD) expect their second-quarter earnings to more than double on a YoY (year-over-year) basis. U.S. Steel Corporation (X) and AK Steel (AKS) are also expected to post a YoY rise in their second-quarter earnings. To be sure, two things are at play in steel companies’ second-quarter earnings.
- Market Realist•2 days ago
A Tale of 2 Downgrades in the US Steel Industry
Previously in this series, we’ve looked at Nucor’s (NUE) and Steel Dynamics’ (STLD) second-quarter earnings guidance. In this article, we’ll look at some recent analyst assessments.
- Zacks•2 days ago
Top Ranked Value Stocks to Buy for June 20th
Top Ranked Value Stocks to Buy for June 20th
- Zacks•2 days ago
Steel Dynamics Sees Hammer Chart Pattern: Time to Buy?
Steel Dynamics Sees Hammer Chart Pattern: Time to Buy?
- Zacks•3 days ago
Why Should You Add Steel Dynamics (STLD) to Your Portfolio?
Strong growth prospects and upbeat outlook make Steel Dynamics (STLD) an attractive investment option.
- Benzinga•3 days ago
BofA Downgrades Commercial Metals On Supply, Valuation Concerns
Since hitting a low of $19.65 on April 5, shares of Commercial Metals Company (NYSE: CMC ) have gained about 23 percent, prompting Bank of America Merrill Lynch to revisit its rating on the equity. The ...
- Market Realist•3 days ago
Does AK Steel’s Risk-Reward Ratio Look Favorable Now?
In the previous article, we noted that AK Steel’s (AKS) second-quarter revenue estimates look conservative when looking at the company’s guidance. US steel prices are hovering at multiyear high levels. Higher steel prices and stable steel scrap prices are expected to boost the earnings of US steelmakers like Nucor (NUE) and Steel Dynamics (STLD) in the second quarter and beyond.
- Market Realist•3 days ago
Is It US Steel Producers versus the Rest Now?
In this article, we’ll look at Steel Dynamics’ (STLD) second-quarter earnings guidance. Steel Dynamics expects to post EPS of $1.46–$1.50 in the second quarter.
Market Realist•3 days agoUS Steel in Q2 2018: Guidance, Analysts’ Actions, and Trump
US steel stocks were among the biggest gainers in 2016, as Donald Trump’s election helped fuel a rally on expectations of higher demand and supportive trade policies. President Trump has delivered on his pre-election pledge of saving the US steel industry.
- Zacks•4 days ago
Steel Dynamics Sees Higher Q2 Earnings on Increased Shipments
Steel Dynamics (STLD) expects earnings to increase both year-over-year and sequentially in Q2 on higher profitability from its steel operations.
Market Realist•7 days agoIs Wall Street Getting Bearish on US Steel Stocks?
In this article, we’ll look at steel companies’ 2018 EBITDA estimates. US-based steel producer Nucor (NUE) is expected to post adjusted EBITDA of $3.6 billion this year, compared with $2.6 billion last year. Interestingly, while analysts expect Nucor’s EBITDA to rise sequentially in the second quarter, they are expected to be largely flat in the third and fourth quarters.
- MarketWatch•7 days ago
Steel Dynamics stock surges after upbeat earnings guidance
Shares of Steel Dynamics Inc. surged 3.2% in premarket trade Friday, after the steel producer provided second-quarter earnings-per-share guidance that was above expectations. The company said earnings are expected to rise from last year because of increased steel shipments and metal spread expansion. Average quarterly product pricing is expected to increase more than scrap costs, as prices have improved as a results of strong domestic steel demand.
- PR Newswire•7 days ago
Steel Dynamics Provides Second Quarter 2018 Earnings Guidance
Second quarter 2018 profitability from the company's steel operations is expected to be meaningfully higher than sequential first quarter results, based on increased steel shipments and metal spread expansion. Average quarterly steel product pricing is expected to increase more than scrap costs, as steel pricing across the platform has improved throughout the second quarter 2018, supported by strong domestic steel demand. Profitability has improved throughout the steel platform, although the increase is primarily driven by the company's sheet operations. Based on strong steel demand fundamentals and customer optimism, the company believes steel consumption and market dynamics will remain strong throughout the year.
Market Realist•8 days agoHow Tariffs Have Altered the US Steel Industry’s Landscape
As noted previously, the spreads between US and international steel prices have widened to record highs this year after outsized gains in US steel prices. In this article, we’ll look at the spreads between steel and steel scrap prices and see how they could affect US steel companies’ profitability.
Market Realist•8 days agoU.S. Steel Corporation is Barely Outperforming SPY
In March, Donald Trump imposed a 25% tariff on steel imports after the US Commerce Department found that steel imports may be a threat to US national security. A separate probe also found that aluminum imports may be a threat.
- Barrons.com•8 days ago
Steel Dynamics Outlook Casts Doubts
It hasn't been a smooth ride for steel stocks this year, but Steel Dynamics (STLD) had been one of the winners, rising more than 12% year to date. Gibbs lowered Steel Dynamics to Sector Weight from Overweight, removing his price target. Although he raised his full year demand outlook for steel and his price forecast, which led him to raise his estimates for a number of steel stocks in his coverage, he nonetheless writes that the downgrade is based on valuation.
