Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy Steel Dynamics stock (STLD)

Buy Steel Dynamics stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

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. Its last market close was $144.81 – an increase of 0.82% over the previous week. Steel Dynamics employs 12,600 staff and has a trailing 12-month revenue of around $17.9 billion.

Our top picks for where to buy Steel Dynamics stock

Our pick for investing by theme

Go to site
  • Trade $0 commission stocks & ETFs with as little as $1
  • Earn up to $300 with qualifying deposits
  • Discover new opportunities with Opto's AI-driven thematic investing system
  • Theme and ETF screener

Top pick for best mobile experience

Go to site
  • Trade $0 commission stocks, ETFs, and options with as little as $1
  • After-hours trading available
  • Earn 4.5% interest on uninvested cash with Gold
  • 24/7 customer support

Our pick for transfer bonus

Go to site
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options with no options contract fees
  • Complimentary access to a financial planner

How to buy Steel Dynamics stock

  1. Choose a stock trading platform. Use our comparison table
  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.

Buy Steel Dynamics stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 6 of 6
Name Product USFST Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
OPTO
Finder Score: 3.8 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
Robinhood
Finder Score: 4.6 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
Get a free stock
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
SoFi Invest®
Finder Score: 4.3 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $1,000 in stock
Zero-commission stocks, ETFs and options, with no options per-contract fees. Plus, a complimentary access to financial planners.
Uphold
Finder Score: 3.6 / 5: ★★★★★
Crypto alternative
Uphold
★★★★★
Cryptocurrency
N/A
$0
4.65%
Get $10
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
Public.com
Finder Score: 4.4 / 5: ★★★★★
Public.com
★★★★★
Stocks, Bonds, Options, ETFs, Cryptocurrency, Alternatives, Treasury Bills, High-yield cash account
$0
$0
4.35%
Get up to $10,000 and transfer fees covered
Build a diversified portfolio of stocks, bonds, options, ETFs, crypto and alternative assets, with a high-yield cash account and options contract rebates.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

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 2024-11-28.
Latest market close$144.81
52-week range$104.22 - $155.56
50-day moving average $133.49
200-day moving average $130.10
Wall St. target price$139.60
PE ratio 12.9344
Dividend yield $1.805 (1.28%)
Earnings per share (TTM) $11.12

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 $145.27 from 2024-11-29

1 week (2024-11-27) 1.00%
1 month (2024-11-04) 8.75%
3 months (2024-09-04) 28.42%
6 months (2024-06-04) 14.17%
1 year (2023-12-04) 22.31%
2 years (2022-12-02) 36.55%
3 years (2021-12-03) 156.53%
5 years (2019-12-04) 374.34%

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'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 13x. In other words, Steel Dynamics shares trade at around 13x 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 $2.7 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 $17.9 billion
Operating margin TTM 9.11%
Gross profit TTM $6.1 billion
Return on assets TTM 9.09%
Return on equity TTM 19.7%
Profit margin 9.8%
Book value $59.34
Market Capitalization $21.9 billion

TTM: trailing 12 months

Steel Dynamics share dividends

16%

Dividend payout ratio: 16.33% of net profits

Recently Steel Dynamics has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In Steel Dynamics's case, that would currently equate to about $1.805 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 9 January 2025. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2024 (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 $104.2181 up to $155.56. A popular way to gauge a stock's volatility is its "beta".

STLD.US volatility(beta: 1.33)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 1.325. 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. 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 steel 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, 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. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals.

Frequently asked questions

What percentage of Steel Dynamics is owned by insiders or institutions?
Currently 6.626% of Steel Dynamics shares are held by insiders and 84.846% by institutions.
How many people work for Steel Dynamics?
Latest data suggests 12,600 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

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site