STLD - Steel Dynamics, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
30.75
-0.88 (-2.78%)
At close: 4:00PM EST
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Previous Close31.63
Open31.34
Bid30.78 x 900
Ask32.50 x 1100
Day's Range30.32 - 31.34
52 Week Range25.03 - 39.35
Volume2,690,281
Avg. Volume1,909,896
Market Cap6.625B
Beta (5Y Monthly)1.68
PE Ratio (TTM)10.12
EPS (TTM)3.04
Earnings DateApr 19, 2020 - Apr 23, 2020
Forward Dividend & Yield0.96 (3.04%)
Ex-Dividend DateDec 29, 2019
1y Target Est36.50
  • Trump Expands Aluminum, Steel Tariffs to Some Imported Products
    Bloomberg

    Trump Expands Aluminum, Steel Tariffs to Some Imported Products

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The Trump administration expanded its trademark steel and aluminum tariffs to cover certain imported nails, staples, electrical wires and some downstream parts that go into automobiles and tractors, among other products.The decision comes almost two years after the administration implemented tariffs on imports of foreign raw steel and aluminum that President Donald Trump said threatened the viability of the domestic industries and therefore threatened U.S. national security.Some imports of derivative aluminum products would be subject to an additional 10% duty, while some derivative steel products would be slapped with a 25% tariff, he said.Argentina, Australia, Canada and Mexico were exempted from the additional aluminum tariffs. As for the steel tariffs, exemptions were allowed for Brazil, Argentina, Canada, Australia, Mexico and South Korea.While imports of aluminum and steel have declined since the Trump administration imposed levies, some derivative products “have significantly increased since the imposition of the tariffs and quotas,” according to Trump’s proclamation.Trump said in the document that he had agreed with Commerce Secretary Wilbur Ross in his findings that aluminum articles and steel articles were being imported into the United States in such quantities and under and under such circumstances as to threaten to impair the national security of the United States.”After the tariffs were imposed in 2018, American steelmakers, including Nucor Corp., U.S. Steel Corp. and Steel Dynamics Inc. enjoyed increased profits, which provided a catalyst for them to restart steel capacity or build new plants in the country.While steel prices initially rose, they’re down about 30% since the president’s announcement in March 2018. Steel companies, as well as American aluminum producers, including Alcoa Corp. and Century Aluminum Co., have seen shares fall because of declining demand -- alongside a dip in manufacturing activity, and because of increased domestic supply coming online.National security concerns regarding trade fall under Section 232 of the Trade Expansion Act. The original 232 decision of 2018 covered raw metal making and did not include downstream parts, which was a complaint among some domestic makers of parts that go into heavy machinery, automobiles, airplanes and other goods, who worried that importers would avoid the tariffs by simply importing value-added products.Since the beginning of his administration, Trump has used tariffs -- and the threat of them -- to affect policy.Earlier this week, at the World Economic Forum in Davos, Switzerland, he warned European leaders of new penalties if they were not willing to compromise on a trade deal before the U.S. elections in November.Trump departed from the more conciliatory tone he had struck earlier in the week, once again highlighting the option of tariffs on imports of European cars and parts and claiming that he targeted China first in his trade war because an unfair European Union is harder to deal with.“They have trade barriers where you can’t trade, they have tariffs all over the place, they make it impossible,” Trump said Wednesday. “They are frankly more difficult to do business with than China.”And last month, Trump reinstated tariffs on aluminum and steel from Argentina and Brazil, nations that he criticized for cheapening their currencies to the detriment of American farmers, and he again called on the U.S. Federal Reserve to loosen monetary policy.Linking his trade agenda with his Fed criticism in an early morning tweet, he said the two South American countries “have been presiding over a massive devaluation of their currencies, which is not good for our farmers.”To contact the reporter on this story: Joe Deaux in New York at jdeaux@bloomberg.netTo contact the editors responsible for this story: Kevin Whitelaw at kwhitelaw@bloomberg.net, John HarneyFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Thomson Reuters StreetEvents

    Edited Transcript of STLD earnings conference call or presentation 23-Jan-20 2:00pm GMT

    Q4 2019 Steel Dynamics Inc Earnings Call

  • Steel Dynamics' (STLD) Earnings and Sales Top Estimates in Q4
    Zacks

    Steel Dynamics' (STLD) Earnings and Sales Top Estimates in Q4

    Steel Dynamics' (STLD) earnings decline in Q4 due to two planned annual maintenance outages at the Butler and Columbus flat roll divisions.

  • Steel Dynamics (STLD) Q4 Earnings and Revenues Beat Estimates
    Zacks

    Steel Dynamics (STLD) Q4 Earnings and Revenues Beat Estimates

    Steel Dynamics (STLD) delivered earnings and revenue surprises of 10.71% and 4.52%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • PR Newswire

    Steel Dynamics Named One of World's Most Admired Companies by Fortune

    Fortune named Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the 2020 World's Most Admired Companies.

  • Air Products (APD) to Post Q1 Earnings: What's in the Cards?
    Zacks

    Air Products (APD) to Post Q1 Earnings: What's in the Cards?

    Our proven model doesn't conclusively predict an earnings beat for Air Products (APD) this time around.

  • Top Ranked Growth Stocks to Buy for January 17th
    Zacks

    Top Ranked Growth Stocks to Buy for January 17th

    Top Ranked Growth Stocks to Buy for January 17th

  • US Steel Stocks' Q4 Earnings: Will Lower Prices be a Drag?
    Zacks

    US Steel Stocks' Q4 Earnings: Will Lower Prices be a Drag?

    Lower U.S. steel prices might have hurt shipments and selling prices of American steel companies in Q4.

  • PR Newswire

    Steel Dynamics Announces Revised Time for Fourth Quarter and Full-Year 2019 Earnings Conference Call and Webcast

    Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the largest domestic steel producers and metals recyclers in the United States, today announced it has revised its fourth quarter and full-year 2019 earnings conference call time on Thursday, January 23, 2020. The call is now scheduled to begin at 9:00 a.m. Eastern Daylight Time on Thursday, January 23, 2020, one hour earlier than previously scheduled in order to avoid overlap with the earnings calls of other companies in the sector. The Company intends to release fourth quarter and full-year 2019 financial results after market close on Wednesday, January 22, 2020.

  • Analysts Estimate Steel Dynamics (STLD) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Steel Dynamics (STLD) to Report a Decline in Earnings: What to Look Out for

    Steel Dynamics (STLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Soft Demand, China Mar Outlook of Steel Producers Industry
    Zacks

    Soft Demand, China Mar Outlook of Steel Producers Industry

    Soft Demand, China Mar Outlook of Steel Producers Industry

  • These 5 Stocks Boast Impressive Interest Coverage Ratio
    Zacks

    These 5 Stocks Boast Impressive Interest Coverage Ratio

    A company's creditworthiness depends on how effectively it meets interest obligations. One that is capable of generating earnings well above its interest expense can withstand financial hardships.

  • Calculating The Intrinsic Value Of Steel Dynamics, Inc. (NASDAQ:STLD)
    Simply Wall St.

    Calculating The Intrinsic Value Of Steel Dynamics, Inc. (NASDAQ:STLD)

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Steel Dynamics, Inc...

  • How Did Steel Dynamics, Inc. (STLD) Compare Against Top Hedge Fund Stocks in 2019?
    Insider Monkey

    How Did Steel Dynamics, Inc. (STLD) Compare Against Top Hedge Fund Stocks in 2019?

    Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]

  • U.S. Steel Imports Drop 15% in 2019 Under Weight of Tariffs
    Zacks

    U.S. Steel Imports Drop 15% in 2019 Under Weight of Tariffs

    The Trump administration's trade actions largely contributed to the year-over-year declines in total and finished U.S. steel imports in 2019.

  • Are Investors Undervaluing Steel Dynamics (STLD) Right Now?
    Zacks

    Are Investors Undervaluing Steel Dynamics (STLD) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • 5 Solid Steel Stocks to Buy As Industry Eyes Recovery in 2020
    Zacks

    5 Solid Steel Stocks to Buy As Industry Eyes Recovery in 2020

    As the steel industry looks poised for a rebound this year after a gloomy 2019, it would be prudent to invest in steel stocks that have compelling prospects.

  • New Strong Buy Stocks for January 7th
    Zacks

    New Strong Buy Stocks for January 7th

    New Strong Buy Stocks for January 7th

  • PR Newswire

    Steel Dynamics Announces Fourth Quarter and Full-Year 2019 Earnings Conference Call and Webcast

    Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release fourth quarter and full-year 2019 financial results after market close on Wednesday, January 22, 2020. The teleconference is scheduled to begin at 10:00 a.m. Eastern Daylight Time on Thursday, January 23, 2020 and will be hosted by Mark D. Millett, President and Chief Executive Officer, and Theresa E. Wagler, Executive Vice President and Chief Financial Officer.

  • Steel Dynamics Projects Lower Steel Operations Profits in Q4
    Zacks

    Steel Dynamics Projects Lower Steel Operations Profits in Q4

    Considering the two planned outages, margin compression and seasonally lower shipments, Steel Dynamics (STLD) expects profitability from steel operations to be sequentially lower in Q4.

  • A Tough Year for Steel Stocks: Will 2020 Bring Good Tidings?
    Zacks

    A Tough Year for Steel Stocks: Will 2020 Bring Good Tidings?

    A recovery in steel prices and easing U.S.-China trade tensions are likely provide a respite to American steel makers next year.

  • PR Newswire

    Steel Dynamics Provides Fourth Quarter 2019 Earnings Guidance

    Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided fourth quarter 2019 earnings guidance in the range of $0.49 to $0.53 per diluted share.

  • Who Has Been Buying Steel Dynamics, Inc. (NASDAQ:STLD) Shares?
    Simply Wall St.

    Who Has Been Buying Steel Dynamics, Inc. (NASDAQ:STLD) Shares?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

  • Steel Dynamics (STLD) Declares Completion of Notes Offering
    Zacks

    Steel Dynamics (STLD) Declares Completion of Notes Offering

    Steel Dynamics (STLD) plans to use the net proceeds from the notes for redeeming and discharging the entire $700 million of its 5.125% senior notes due 2021, and general corporate purposes.