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How to buy Steel Dynamics stock

Learn how to easily invest in Steel Dynamics stock.

Steel Dynamics is a steel business based in the US. Steel Dynamics shares (STLD) are listed on the NASDAQ and all prices are listed in US Dollars. Steel Dynamics employs 12,060 staff and has a trailing 12-month revenue of around $21.6 billion.

How to buy Steel Dynamics stock

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  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – STLD. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Steel Dynamics stock price (NASDAQ: STLD)

Use our graph to track the performance of STLD stocks over time.

Steel Dynamics shares at a glance

Information last updated 2023-05-20.
Latest market close$95.65
52-week range$61.69 - $135.94
50-day moving average $105.12
200-day moving average $100.06
Wall St. target price$111.91
PE ratio 5.1327
Dividend yield $1.445 (1.76%)
Earnings per share (TTM) $18.91

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Is it a good time to buy Steel Dynamics stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Steel Dynamics price performance over time

Historical closes compared with the close of $95.65 from 2023-05-26

1 week (2023-05-19) -1.45%
1 month (2023-04-27) -8.35%
3 months (2023-02-27) -21.17%
6 months (2022-11-25) -8.01%
1 year (2022-05-24) 22.47%
2 years (2021-05-27) 54.37%
3 years (2020-05-27) 260.26%
5 years (2018-05-25) 111.14%

Is Steel Dynamics stock undervalued or overvalued?

Valuing Steel Dynamics stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Steel Dynamics's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Steel Dynamics financials

Revenue TTM $21.6 billion
Operating margin TTM 20.54%
Gross profit TTM $6.1 billion
Return on assets TTM 20.31%
Return on equity TTM 44.71%
Profit margin 15.73%
Book value $48.99
Market capitalisation $16.4 billion

TTM: trailing 12 months

Steel Dynamics share dividends

7%

Dividend payout ratio: 7.02% of net profits

Recently Steel Dynamics has paid out, on average, around 7.02% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.76% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Steel Dynamics shareholders could enjoy a 1.76% return on their shares, in the form of dividend payments. In Steel Dynamics's case, that would currently equate to about $1.445 per share.

While Steel Dynamics's payout ratio might seem low, this can signify that Steel Dynamics is investing more in its future growth.

Steel Dynamics's most recent dividend payout was on 14 April 2023. The latest dividend was paid out to all shareholders who bought their shares by 29 June 2023 (the "ex-dividend date").

Have Steel Dynamics's shares ever split?

Steel Dynamics's shares were split on a 2:1 basis on 31 March 2008. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Steel Dynamics shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Steel Dynamics shares which in turn could have impacted Steel Dynamics's share price.

Steel Dynamics share price volatility

Over the last 12 months, Steel Dynamics's shares have ranged in value from as little as $61.6947 up to $135.935. A popular way to gauge a stock's volatility is its "beta".

STLD.US volatility(beta: 1.5)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Steel Dynamics's is 1.4958. This would suggest that Steel Dynamics's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Steel Dynamics overview

Steel Dynamics, Inc. , together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products. This segment also engages in turning, polishing, straightening, chamfering, threading, precision saw-cutting, and heat treating of bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage, and scrap management services.

Frequently asked questions

What percentage of Steel Dynamics is owned by insiders or institutions?
Currently 6.152% of Steel Dynamics shares are held by insiders and 86.686% by institutions.
How many people work for Steel Dynamics?
Latest data suggests 12,060 work at Steel Dynamics.
When does the fiscal year end for Steel Dynamics?
Steel Dynamics's fiscal year ends in December.
Where is Steel Dynamics based?
Steel Dynamics's address is: 7575 West Jefferson Boulevard, Fort Wayne, IN, United States, 46804
What is Steel Dynamics's ISIN number?
Steel Dynamics's international securities identification number is: US8581191009
What is Steel Dynamics's CUSIP number?
Steel Dynamics's Committee on Uniform Securities Identification Procedures number is: 858119100

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