STLD - Steel Dynamics, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
31.54
+0.07 (+0.22%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close31.47
Open31.81
Bid30.01 x 1400
Ask31.43 x 800
Day's Range31.02 - 32.05
52 Week Range25.03 - 49.70
Volume2,899,163
Avg. Volume2,814,574
Market Cap7.025B
Beta (3Y Monthly)1.82
PE Ratio (TTM)5.93
EPS (TTM)5.32
Earnings DateOct 15, 2019 - Oct 21, 2019
Forward Dividend & Yield0.96 (3.04%)
Ex-Dividend Date2019-06-27
1y Target Est33.45
Trade prices are not sourced from all markets
  • PR Newswire24 minutes ago

    Reminder: Steel Dynamics Announces Second Quarter 2019 Earnings Conference Call and Webcast

    FORT WAYNE, Ind. , July 23, 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 ...

  • Investing.com5 hours ago

    Stocks - U.S. Futures Rise with Earnings in Spotlight; Debt Ceiling Suspended

    Investing.com - U.S. futures rose on Tuesday after a bipartisan agreement to suspend the debt ceiling helped boost stocks, ahead a deluge of corporate earnings.

  • Steel Dynamics (STLD) Q2 Earnings Miss Estimates
    Zacks13 hours ago

    Steel Dynamics (STLD) Q2 Earnings Miss Estimates

    Steel Dynamics (STLD) delivered earnings and revenue surprises of -2.25% and 2.83%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • PR Newswire14 hours ago

    Steel Dynamics Reports Second Quarter 2019 Results

    FORT WAYNE, Ind. , July 22, 2019 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced second quarter 2019 financial results. The company reported second quarter 2019 net sales of $2.8 ...

  • PR Newswire15 hours ago

    Steel Dynamics Announces Planned New Flat Roll Steel Mill Site Selection

    FORT WAYNE, Ind. , July 22, 2019 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the selection of Sinton, Texas , as the site for the company's previously announced new state-of-the-art, ...

  • Benzingayesterday

    Steel Dynamics Q2 Earnings Preview

    Steel Dynamics (NASDAQ: STLD ) will be releasing its next round of earnings this Monday, July 22. For all of the relevant information, here is your guide for Monday's Q2 earnings announcement. Earnings ...

  • Market Realist4 days ago

    Cleveland-Cliffs Rises on Better-than-Expected Q2 Results

    Cleveland-Cliffs (CLF) released its second-quarter results today before the markets opened.

  • Market Realist6 days ago

    US Steel Prices Rise, Not Due to Trump’s Tariffs

    The current uptrend in prices isn't exactly due to President Trump’s tariffs. US steel companies look serious about supply discipline.

  • What Investors Should Know About Steel Dynamics, Inc.'s (NASDAQ:STLD) Financial Strength
    Simply Wall St.6 days ago

    What Investors Should Know About Steel Dynamics, Inc.'s (NASDAQ:STLD) Financial Strength

    Mid-caps stocks, like Steel Dynamics, Inc. (NASDAQ:STLD) with a market capitalization of US$6.9b, aren’t the focus of...

  • US Steel Companies Might Get Another Lifeline from Trump
    Market Realist8 days ago

    US Steel Companies Might Get Another Lifeline from Trump

    Trump is reportedly planning to increase the content of US-made steel in federal projects, which would be a lifeline for US steel companies.

  • Earnings Preview: Steel Dynamics (STLD) Q2 Earnings Expected to Decline
    Zacks8 days ago

    Earnings Preview: Steel Dynamics (STLD) Q2 Earnings Expected to Decline

    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.

  • China’s Steel Exports Fall, but Industry Woes Continue
    Market Realist11 days ago

    China’s Steel Exports Fall, but Industry Woes Continue

    On Friday, China released its June trade data. Its steel capacity and steel exports have been a challenge for the global industry.

  • US Steel Companies Announce Price Hikes
    Market Realist13 days ago

    US Steel Companies Announce Price Hikes

    According to S&P; Global Platts, Nucor (NUE) announced a price increase of $40 per short ton. The price hike will be applicable immediately.

  • U.S. Raw Steel Output Ticks Down, Capacity Remains Below 80%
    Zacks14 days ago

    U.S. Raw Steel Output Ticks Down, Capacity Remains Below 80%

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

  • 3 Charts That Suggest Steel Stocks Will Struggle
    Investopedia14 days ago

    3 Charts That Suggest Steel Stocks Will Struggle

    Steel stocks have traded within a downtrend for most of the past 12 months. Based on these charts, the story will likely continue.

  • PR Newswire15 days ago

    Steel Dynamics Announces Second Quarter 2019 Earnings Conference Call and Webcast

    FORT WAYNE, Ind. , July 8, 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 ...

  • The Trump Tariff Twist That Has Cost U.S. Steel $5.6 Billion
    Bloomberg15 days ago

    The Trump Tariff Twist That Has Cost U.S. Steel $5.6 Billion

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. President Donald Trump’s tariffs on foreign steel have sped the decline of some of the U.S. mills he vowed to help.Exuberance over the levies dramatically boosted U.S. output just as the global economy was cooling, undercutting demand. That dropped prices, creating a stark divide between companies like Nucor Corp., which use cheaper-to-run electric-arc furnaces to recycle scrap into steel products, and those including U.S. Steel Corp. with more costly legacy blast furnaces.Since Trump announced the tariffs 16 months ago, U.S. Steel has lost almost 70% of its market value, or $5.6 billion, and idled two American furnaces in mid-June that couldn’t be run profitably at the lowest prices since 2016. Meanwhile, Nucor, down around 20%, has touted $2.5 billion in expansion projects.The president’s actions likely “sped up” up an unavoidable “evolution,” said Nucor Chief Executive Officer John Ferriola in an interview last month. “Are some companies going to suffer? Absolutely. We’ll we see some capacity go away, I’m sure of it."Last July, Trump stood on a makeshift stage at a U.S. Steel mill in Granite City, Illinois, and beamed as workers cheered the tariffs. At that point, the company had already restarted one of two blast furnaces at Granite City, and vowed the second would soon be brought online.“Workers are back on the job, and we’re once again pouring new American steel into the spine of our country,” Trump said during the hour-long program. “U.S. Steel is back.”Since then, though, there’s been a somewhat different outcome.With the stronger steelmakers aggressively boosting capacity to grab market share, a dip in demand has left older, more costly blast furnaces at U.S. Steel and AK Steel Holding Corp. struggling to compete, even with foreign steel nudged out of the equation.“Be careful what you wish for,” said Timna Tanners, an analyst at Bank of America who has dubbed the industry’s push to add capacity without enough demand “Steelmageddon.” She called it “ironic” that the tariffs are “punishing some steel companies.”A spokeswoman at U.S. Steel declined to comment while AK Steel said its products have little overlap with EAFs, and that the additional capacity will further pressure imports.As expected, the tariffs reduced steel imports, creating more demand in 2018 and boosting profits. With that cash in hand, added money from Trump’s corporate tax cut and confidence that protectionism is here to stay, domestic producers began adding more capacity than they would have otherwise.The problem: This year, with the global economy cooling, demand -- and prices -- have fallen. That’s given an added incentive to EAF companies with superior profit margins and balance sheets to aggressively grab a bigger share of the market.“Not all plants are the same,” said Mark Millett, CEO of Steel Dynamics Inc., who in November announced a new $1.8 billion EAF mill to be built in the U.S. southwest. “Not all projects are the same.”Suppliers to blast furnaces are sounding the alarm. In laying out his vision for iron-ore miner Cleveland-Cliffs Inc. at a recent conference, CEO Lourenco Goncalves painted a bleak future for what makes up the overwhelming majority of his current customers.That’s why Cliffs is investing $830 million in a Toledo, Ohio-based plant that will produce hot briquetted iron for electronic-arc furnaces run by firms such as Nucor, Goncalves said. They invested in the plant because “we were able to see the future of steelmaking in the United States,” Goncalves said in New York last month.Many “blast furnaces will shut down,” he added.U.S. Steel is trying to show investors it can move past its legacy blast furnaces. In February, it announced the restart of construction on an EAF facility in Alabama. And in May, the company said it would spend $1 billion upgrading facilities in Pennsylvania to produce more high-strength steel for the automotive industry.“Less efficient capacity should go away, but there is no guarantee that it permanently goes away,” Bank of America’s Tanners said. “It probably doesn’t go down without a fight.”(Updates market value decline in headline, third paragraph.)\--With assistance from Shawn Donnan.To contact the reporters on this story: Matt Townsend in New York at mtownsend9@bloomberg.net;Joe Deaux in New York at jdeaux@bloomberg.netTo contact the editors responsible for this story: Luzi Ann Javier at ljavier@bloomberg.net, Reg Gale, Joe RichterFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Trump’s Tariffs Are Reshaping the US Steel Industry
    Market Realist15 days ago

    Trump’s Tariffs Are Reshaping the US Steel Industry

    Life has come full circle for US steelmakers. U.S. Steel Corporation announced the curtailment of two blast furnaces last month.

  • GuruFocus.com18 days ago

    6 Guru Stocks With Low Price-Earnings Ratios

    Gap makes the list

  • Why Shares of Nucor, Steel Dynamics, and ArcelorMittal Jumped 15% or More in June
    Motley Fool19 days ago

    Why Shares of Nucor, Steel Dynamics, and ArcelorMittal Jumped 15% or More in June

    There was a lot going on for these steelmakers, as well as for U.S. Steel and AK Steel, and it all added up to investor relief and higher stock prices.

  • Spotlight on Trump’s Tariffs: Steel Industry’s Key Metric Fell
    Market Realist20 days ago

    Spotlight on Trump’s Tariffs: Steel Industry’s Key Metric Fell

    Steel production fell 1.2% on a weekly basis in the week ending June 29. The US steel industry’s capacity utilization rate fell to 79.5%.

  • Reuters21 days ago

    UPDATE 1-U.S. slaps duties on steel from Vietnam originally produced in South Korea, Taiwan

    The U.S. Commerce Department said on Tuesday it would impose duties of up to 456% on certain steel produced in South Korea or Taiwan that are then shipped to Vietnam for minor processing and finally exported to the United States. The agency said in a statement that it had found corrosion-resistant steel products and cold-rolled steel produced in Vietnam using substrate of South Korean or Taiwanese origin had circumvented U.S. anti-dumping and anti-subsidy duties.

  • Why Steel Dynamics, Inc. (NASDAQ:STLD) Could Have A Place In Your Portfolio
    Simply Wall St.21 days ago

    Why Steel Dynamics, Inc. (NASDAQ:STLD) Could Have A Place In Your Portfolio

    Steel Dynamics, Inc. (NASDAQ:STLD) is a company with exceptional fundamental characteristics. Upon building up an...

  • US Steel Industry Outlook: Will June’s Momentum Continue?
    Market Realist22 days ago

    US Steel Industry Outlook: Will June’s Momentum Continue?

    The US steel industry had a somber start to the year, and the sell-off only deepened as the year progressed.