Steel Dynamics, Inc 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 9,625 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Steel Dynamics
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- Research the stock. Find the stock by name or ticker symbol – STLD – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- STLD shares summary
- Compare share dealing platforms
- Is STLD stock a buy or sell?
- Stock performance over time
- Can I short STLD shares?
- Is STLD suitable for ethical investing?
- Are STLD shares over-valued?
- Steel Dynamics's financials
- How volatile are STLD shares?
- Does Steel Dynamics pay a dividend?
- Have STLD shares ever split?
- Other common questions
Steel Dynamics stock price (NASDAQ: STLD)Use our graph to track the performance of STLD stocks over time.
Steel Dynamics shares at a glance
|Latest market close||$66.51|
|52-week range||$26.73 - $66.58|
|50-day moving average||$60.60|
|200-day moving average||$52.33|
|Wall St. target price||$76.22|
|Dividend yield||$1.02 (1.67%)|
|Earnings per share (TTM)||$6.70|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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
|1 week (2021-07-23)||N/A|
|1 month (2021-07-02)||9.54%|
|3 months (2021-05-03)||17.30%|
|6 months (2021-01-30)||N/A|
|1 year (2020-07-30)||N/A|
|2 years (2019-07-30)||N/A|
|3 years (2018-07-30)||N/A|
|5 years (2016-07-30)||N/A|
Is Steel Dynamics under- or over-valued?
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's P/E ratio
Steel Dynamics's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Steel Dynamics shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Steel Dynamics's PEG ratio
Steel Dynamics's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.9053. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Steel Dynamics's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Steel Dynamics's EBITDA
Steel Dynamics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.3 billion.
The EBITDA is a measure of a Steel Dynamics's overall financial performance and is widely used to measure a its profitability.
Steel Dynamics financials
|Revenue TTM||$12.9 billion|
|Operating margin TTM||15.33%|
|Gross profit TTM||$1.4 billion|
|Return on assets TTM||12.95%|
|Return on equity TTM||31.67%|
|Market capitalisation||$13.2 billion|
TTM: trailing 12 months
Shorting Steel Dynamics shares
There are currently 4.4 million Steel Dynamics shares held short by investors – that's known as Steel Dynamics's "short interest". This figure is 4.9% down from 4.6 million last month.
There are a few different ways that this level of interest in shorting Steel Dynamics shares can be evaluated.
Steel Dynamics's "short interest ratio" (SIR)
Steel Dynamics's "short interest ratio" (SIR) is the quantity of Steel Dynamics shares currently shorted divided by the average quantity of Steel Dynamics shares traded daily (recently around 2.1 million). Steel Dynamics's SIR currently stands at 2.13. In other words for every 100,000 Steel Dynamics shares traded daily on the market, roughly 2130 shares are currently held short.
However Steel Dynamics's short interest can also be evaluated against the total number of Steel Dynamics shares, or, against the total number of tradable Steel Dynamics shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Steel Dynamics's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Steel Dynamics shares in existence, roughly 20 shares are currently held short) or 0.0227% of the tradable shares (for every 100,000 tradable Steel Dynamics shares, roughly 23 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Steel Dynamics.
Find out more about how you can short Steel Dynamics stock.
Steel Dynamics's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Steel Dynamics.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Steel Dynamics's total ESG risk score
Total ESG risk: 39.48
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Steel Dynamics's overall score of 39.48 (as at 12/31/2018) is pretty weak – landing it in it in the 78th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Steel Dynamics is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Steel Dynamics's environmental score
Environmental score: 19.6/100
Steel Dynamics's environmental score of 19.6 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Steel Dynamics is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Steel Dynamics's social score
Social score: 22.22/100
Steel Dynamics's social score of 22.22 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Steel Dynamics is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Steel Dynamics's governance score
Governance score: 12.66/100
Steel Dynamics's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Steel Dynamics is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Steel Dynamics's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Steel Dynamics scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Steel Dynamics has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||39.48|
|Total ESG percentile||78.04|
|Environmental score percentile||9|
|Social score percentile||9|
|Governance score percentile||9|
|Level of controversy||2|
Steel Dynamics share dividends
Dividend payout ratio: 14.61% of net profits
Recently Steel Dynamics has paid out, on average, around 14.61% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.61% 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 1.61% return on their shares, in the form of dividend payments. In Steel Dynamics's case, that would currently equate to about $1.02 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 15 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 June 2021 (the "ex-dividend date").
Have Steel Dynamics's shares ever split?
Steel Dynamics's shares were split on a 2:1 basis on 30 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 $26.7344 up to $66.5834. A popular way to gauge a stock's volatility is its "beta".
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 1.4646. 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 and cold roll, and coated steel products; structural flange beams and channel sections, flat bars, large unequal leg angles, reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products; and merchant-bar-quality products, including channels, angles, flats, merchant rounds, and reinforcing steel bars; and other engineered round steel bars. This segment is also involved in the turning, polishing, straightening, chamfering, threading, precision saw-cutting, and heat treating of bar products; and cutting to length, straightening, hole punching, shot blasting, welding, galvanizing, and coating of specialty merchant bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube industry sectors. This segment sells its products directly to end-users, steel fabricators, and service centers.
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Frequently asked questionsWhat percentage of Steel Dynamics is owned by insiders or institutions?
Currently 5.238% of Steel Dynamics shares are held by insiders and 86.895% by institutions. How many people work for Steel Dynamics?
Latest data suggests 9,625 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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