STLD - Steel Dynamics, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
34.78
-0.13 (-0.37%)
As of 1:18PM EST. Market open.
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Previous close34.91
Open35.18
Bid34.66 x 800
Ask34.68 x 900
Day's range34.07 - 35.35
52-week range28.91 - 52.10
Volume845,433
Avg. volume2,715,518
Market cap7.984B
Beta (3Y monthly)1.52
PE ratio (TTM)6.39
EPS (TTM)5.45
Earnings date21 Jan 2019 - 25 Jan 2019
Forward dividend & yield0.75 (2.23%)
Ex-dividend date2018-12-28
1y target est43.42
Trade prices are not sourced from all markets
  • How Trump’s Steel Tariffs Could Play Out This Year
    Market Realist1 hour ago

    How Trump’s Steel Tariffs Could Play Out This Year

    How Trump’s Steel Tariffs Could Play Out This YearTrump’s steel tariffs Last year, President Donald Trump imposed a 25% tariff on US steel imports and a 10% tariff on aluminum imports. The tariffs were imposed after an investigation by the US

  • U.S. Steel Corporation: Downgrades Are Stacking Up
    Market Realist5 hours ago

    U.S. Steel Corporation: Downgrades Are Stacking Up

    U.S. Steel Corporation: Downgrades Are Stacking UpDowngrade On January 22, Jefferies downgraded U.S. Steel Corporation (X) to “hold” and cut its target price from $27 to $24. The stock has already been downgraded in 2019. Several analysts have

  • Steel Dynamics' (STLD) Q4 Earnings Top, Sales Trail Estimates
    Zacks6 hours ago

    Steel Dynamics' (STLD) Q4 Earnings Top, Sales Trail Estimates

    Steel Dynamics' (STLD) Q4 adjusted earnings of $1.31 per share exceeded the Zacks Consensus Estimate of $1.25. The company sees steady growth in steel consumption in 2019.

  • Steel Dynamics Inc (STLD) Q4 2018 Earnings Conference Call Transcript
    Motley Fool20 hours ago

    Steel Dynamics Inc (STLD) Q4 2018 Earnings Conference Call Transcript

    STLD earnings call for the period ending December 31, 2018.

  • Can Cleveland-Cliffs’ Valuation Catch Up to Its Fundamentals?
    Market Realistyesterday

    Can Cleveland-Cliffs’ Valuation Catch Up to Its Fundamentals?

    Can Cleveland-Cliffs Stock Continue Outperforming Peers in 2019?(Continued from Prior Part)Cleveland-Cliffs’ valuationAmong major US (SPY) steel stocks (XME), U.S. Steel (X) and ArcelorMittal (MT) are trading at the lowest forward EV-to-EBITDA

  • Associated Pressyesterday

    Steel Dynamics: 4Q Earnings Snapshot

    The Fort Wayne, Indiana-based company said it had net income of $1.17 per share. Earnings, adjusted for non-recurring costs, were $1.31 per share. The results topped Wall Street expectations. The average ...

  • Investing.comyesterday

    Stocks - Global Growth Worries Send U.S. Futures Lower

    Investing.com - U.S. futures pointed to a lower open on Tuesday when Wall Street reopens its doors after the Martin Luther King Jr. Day holiday, amid a stream of concerns over global growth.

  • Investing.com2 days ago

    Top 5 Things to Know in The Market on Tuesday

    Investing.com - Here are the top five things you need to know in financial markets on Tuesday, January 22:

  • What Analysts Think about CLF Stock in 2019
    Market Realist2 days ago

    What Analysts Think about CLF Stock in 2019

    Can Cleveland-Cliffs Stock Continue Outperforming Peers in 2019?(Continued from Prior Part)Analyst sentiment Many analysts turned positive on Cleveland-Cliffs (CLF) stock in 2018. While at the beginning of March 2018, only 30% of the analysts

  • Can Cleveland-Cliffs Stock Continue Outperforming Peers in 2019?
    Market Realist5 days ago

    Can Cleveland-Cliffs Stock Continue Outperforming Peers in 2019?

    Can Cleveland-Cliffs Stock Continue Outperforming Peers in 2019?US steel stocks surge after a tough year US steel stocks had a weak 2018 despite the Trump administration’s tariffs on imported steel products. However, after a rough 2018, US steel

  • Will Outages Hurt Steel Dynamics' (STLD) Earnings in Q4?
    Zacks5 days ago

    Will Outages Hurt Steel Dynamics' (STLD) Earnings in Q4?

    Steel Dynamics (STLD) faces headwinds from significant maintenance outage costs in the fourth quarter.

  • AK Steel: Analysts Could Be Right in 2019
    Market Realist6 days ago

    AK Steel: Analysts Could Be Right in 2019

    US Steel Stocks: Analysts' Expectations in 2019(Continued from Prior Part)Analysts could be right AK Steel (AKS) is scheduled to release its fourth-quarter earnings on January 28 after the markets close. The company would hold its earnings call the

  • Nucor or Steel Dynamics: Which Stock Do Analysts Prefer?
    Market Realist6 days ago

    Nucor or Steel Dynamics: Which Stock Do Analysts Prefer?

    US Steel Stocks: Analysts' Expectations in 2019(Continued from Prior Part)NucorSteel Dynamics (STLD) is scheduled to release its fourth-quarter earnings on January 22. Nucor (NUE), the largest US-based steel producer, is scheduled to release its

  • US Steel Stocks: Analysts’ Expectations in 2019
    Market Realist6 days ago

    US Steel Stocks: Analysts’ Expectations in 2019

    US Steel Stocks: Analysts' Expectations in 2019Analysts Overall, 2018 was nothing short of a nightmare for US steel stocks. U.S. Steel Corporation (X) and AK Steel (AKS) fell 48.2% and 60.2%, respectively. Nucor (NUE) fell 18.5%, while

  • Steel Dynamics (STLD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
    Zacks8 days ago

    Steel Dynamics (STLD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    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.

  • CLF: Why Jim Cramer Is Worried about This ‘Best-in-Show’ Stock
    Market Realist12 days ago

    CLF: Why Jim Cramer Is Worried about This ‘Best-in-Show’ Stock

    CLF: Why Jim Cramer Is Worried about This 'Best-in-Show' Stock ## Jim Cramer: CLF is ‘Best-in-Show’ company Yesterday, Jim Cramer, the Mad Money host, answered caller’s questions regarding Cleveland-Cliffs (CLF) stock. He said, “The company’s best in show, but I’ve got to tell you, the stock is not going to be a good stock if the Fed tightens again. I don’t think they’re going to in the near future, but I’ve got to tell you, it makes me nervous.” ## Fed’s rate hike chances bleak On January 4, Fed Chair Jerome Powell said that the Fed could be more patient with its policy stance if needed. Yesterday, he again stressed that the Fed could be patient while approving further hikes, as it continues to monitor the gauges of the US economy (SPY). These two back-to-back appearances from the Fed chair with dovish statements have assured markets that the Fed will not take any surprise action on rate hikes. The markets have been quite relieved with this stance from the Fed as well as from the recently concluded US-China trade talks. ## Cleveland-Cliffs’ fundamentals While Cleveland-Cliffs stock rose by 6.7% in 2018, it plunged 39% in the last quarter alone. This, however, had more to do with the overall risk-off sentiment and the slowdown concerns of China rather than anything related to CLF itself. As compared to CLF’s positive price action, its US peers (DIA) (IVV), AK Steel (AKS), U.S. Steel (X), ArcelorMittal (MT), Steel Dynamics (STLD), and Nucor (NUE) reported returns of -60%, -48%, -36%, -30%, and -18%, respectively, for 2018. Cleveland-Cliffs’ fundamentals have been improving since its new management took over in 2014. Its non-core assets have sold off with the seaborne operations being the last, which took a lot of volatility out of the stock. Its debt concerns have been laid to rest. Moreover, the company is solidly marching on its growth path with the ongoing construction of an HBI (hot briquetted iron) plant. As we argued in Why Now Might Be a Good Time to Look Again at Cleveland-Cliffs, CLF is attractively valued based on its multiple relative to its peers and its historical valuation. See Revisiting the Case: How Does Cleveland-Cliffs Look Now? for an in-depth analysis of CLF’s fundamentals and valuations.

  • Are Steel Oversupply Concerns Unfounded?
    Market Realist13 days ago

    Are Steel Oversupply Concerns Unfounded?

    Steel Companies’ 2019 Outlook: Can the Winning Streak Continue? (Continued from Prior Part) ## Steel oversupply Some observers have pointed out that US steel markets could witness oversupply that could depress prices. To be sure, we saw a plant restart by U.S. Steel (X) last year. Nucor (NUE) and Steel Dynamics (STLD) have announced a slew of new projects that would add to US steel production capacity. But are US steel markets staring at an oversupply situation? Let’s discuss this in perspective. ## Section 232 tariffs To be sure, US steel production has been on an uptrend after President Trump imposed Section 232 tariffs in March. Last year, US steel production rose 6.2% year-over-year. In absolute terms, US steel production rose ~5.5 million tons. The calculations are based on the American Iron and Steel Institute’s weekly steel production data until December 29. Meanwhile, while US steel production has risen, it has been accompanied by falling imports. According to the Census Bureau’s final data, US steel imports fell by 3.2 million tons in the first nine months of 2018 as compared to the corresponding period in 2017. Preliminary data showed a small rise in October imports. Imports likely fell in November and December as well. However, the November steel imports data is yet to be published due to the government shutdown. Nonetheless, as of now, higher steel production doesn’t seem to be a problem for US steel markets (AKS), as it’s leading to import substitution. However, if the Section 232 tariff is watered down, we could see an increase in imports. We’ll discuss this in detail in the next article. Continue to Next Part Browse this series on Market Realist: * Part 1 - Steel Companies’ 2019 Outlook: Can the Winning Streak Continue? * Part 2 - Are We Seeing a Typical Dead Cat Bounce from Steel Stocks? * Part 3 - What Should US Steel Investors Watch Out for in 2019?

  • Why United States Steel, Nucor Corporation, and the Rest of the U.S. Steel Sector Got Slammed in December
    Motley Fool15 days ago

    Why United States Steel, Nucor Corporation, and the Rest of the U.S. Steel Sector Got Slammed in December

    December was a very bad month for U.S. steelmakers, even though the good times aren't over just yet.

  • Why This Steel CEO Is Tired of Hearing About Overcapacity
    Motley Fool19 days ago

    Why This Steel CEO Is Tired of Hearing About Overcapacity

    In November, steel stocks fell on over-expansion fears. One Steel CEO has been fielding these fears for a while and dismissing them. Here's why.

  • US Raw Steel Output Rises as Capacity Utilization Tops 80%
    Zacks19 days ago

    US Raw Steel Output Rises as Capacity Utilization Tops 80%

    U.S. steel mills operated at 81% of their capacity for the week ending Dec 29.

  • Why the Earnings Surprise Streak Could Continue for Steel Dynamics (STLD)
    Zacks22 days ago

    Why the Earnings Surprise Streak Could Continue for Steel Dynamics (STLD)

    Steel Dynamics (STLD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • Steel Companies’ Sob Story: Record Earnings, Sagging Stocks
    Market Realist27 days ago

    Steel Companies’ Sob Story: Record Earnings, Sagging Stocks

    The Section 232 tariffs lifted US steel prices to multi-year highs, and benchmark HRC (hot rolled coil) prices rose to their highest level since 2008. Plus, since there wasn’t a similar surge in steelmaking raw material prices, US steel companies’ margins expanded.

  • Why Wall Street Still Loves Cleveland Cliffs
    Market Realist28 days ago

    Why Wall Street Still Loves Cleveland Cliffs

    Why Now Might Be a Good Time to Look Again at Cleveland Cliffs(Continued from Prior Part)Analyst sentiment Cleveland-Cliffs (CLF) stock has seen a turn in fortunes, as far as analyst sentiment is concerned, since March.

  • Why Now Might Be a Good Time to Look Again at Cleveland Cliffs
    Market Realist29 days ago

    Why Now Might Be a Good Time to Look Again at Cleveland Cliffs

    Among US (SPY) steel stocks (XME), U.S. Steel Corporation (X) and ArcelorMittal (MT) are trading at the lowest forward EV-to-EBITDA multiples of 2.5x and 3.5x, respectively. Cleveland-Cliffs (CLF), on the other hand, is trading at the highest multiple of 5.3x. Nucor (NUE) and Steel Dynamics (STLD) follow with multiples of 5.2x and 4.4x, respectively.