Steel Dynamics Stock Performance
| STLD Stock | USD 144.96 0.00 0.00% |
On a scale of 0 to 100, Steel Dynamics holds a performance score of 9. The entity has a beta of 2.41, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Steel Dynamics will likely underperform. Please check Steel Dynamics' jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Steel Dynamics' existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Steel Dynamics are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile essential indicators, Steel Dynamics exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.6 | Five Day Return 4.19 | Year To Date Return 21.86 | Ten Year Return 530.83 | All Time Return 3 K |
Forward Dividend Yield 0.0131 | Payout Ratio 0.1633 | Last Split Factor 2:1 | Forward Dividend Rate 1.84 | Dividend Date 2025-01-10 |
1 | Disposition of 661 shares by Barry Schneider of Steel Dynamics at 127.01 subject to Rule 16b-3 | 08/30/2024 |
2 | Steel Dynamics Inc s Winning Formula Financial Metrics and Competitive Strengths | 09/25/2024 |
| Steel Dynamics dividend paid on 11th of October 2024 | 10/11/2024 |
3 | Steel Dynamics Stock Jumps On Q3 Earnings Highlights From The Report | 10/16/2024 |
4 | Disposition of 2500 shares by James Anderson of Steel Dynamics at 130.13 subject to Rule 16b-3 | 10/22/2024 |
5 | Horrell Capital Management Inc. Grows Stock Holdings in Steel Dynamics, Inc. | 10/29/2024 |
6 | Zacks Industry Outlook Highlights Steel Dynamics, Commercial Metals, Companhia Siderurgica Nacional | 11/05/2024 |
7 | Steel Dynamics, Inc. Shares Sold by Spinnaker Trust | 11/06/2024 |
8 | Benign Growth For Steel Dynamics, Inc. Underpins Its Share Price | 11/07/2024 |
9 | Steel Dynamics Announces Fourth Quarter 2024 Cash Dividend | 11/08/2024 |
10 | Insider Sale at Steel Dynamics Inc Senior Vice President Miguel Alvarez Sells 6,650 Shares | 11/13/2024 |
11 | Steel Dynamics Up 2 percent Since Last Earnings Report Can It Continue | 11/15/2024 |
12 | Why Is Nucor Down 0.9 percent Since Last Earnings Report | 11/20/2024 |
| Begin Period Cash Flow | 1.6 B |
Steel |
Steel Dynamics Relative Risk vs. Return Landscape
If you would invest 12,228 in Steel Dynamics on August 24, 2024 and sell it today you would earn a total of 2,268 from holding Steel Dynamics or generate 18.55% return on investment over 90 days. Steel Dynamics is currently generating 0.3024% in daily expected returns and assumes 2.5952% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of stocks are less volatile than Steel, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Steel Dynamics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steel Dynamics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Steel Dynamics, and traders can use it to determine the average amount a Steel Dynamics' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1165
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Estimated Market Risk
| 2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Steel Dynamics is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Steel Dynamics by adding it to a well-diversified portfolio.
Steel Dynamics Fundamentals Growth
Steel Stock prices reflect investors' perceptions of the future prospects and financial health of Steel Dynamics, and Steel Dynamics fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Steel Stock performance.
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0909 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 23.95 B | ||||
| Shares Outstanding | 152.24 M | ||||
| Price To Earning | 4.60 X | ||||
| Price To Book | 2.41 X | ||||
| Price To Sales | 1.23 X | ||||
| Revenue | 18.8 B | ||||
| Gross Profit | 6.12 B | ||||
| EBITDA | 3.15 B | ||||
| Net Income | 2.45 B | ||||
| Cash And Equivalents | 2 B | ||||
| Cash Per Share | 11.41 X | ||||
| Total Debt | 3.2 B | ||||
| Debt To Equity | 0.38 % | ||||
| Current Ratio | 3.67 X | ||||
| Book Value Per Share | 59.34 X | ||||
| Cash Flow From Operations | 3.52 B | ||||
| Earnings Per Share | 11.42 X | ||||
| Market Capitalization | 21.93 B | ||||
| Total Asset | 14.91 B | ||||
| Retained Earnings | 13.55 B | ||||
| Working Capital | 4.46 B | ||||
| Current Asset | 2.54 B | ||||
| Current Liabilities | 535.29 M | ||||
About Steel Dynamics Performance
By analyzing Steel Dynamics' fundamental ratios, stakeholders can gain valuable insights into Steel Dynamics' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Steel Dynamics has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Steel Dynamics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 71.63 | 68.05 | |
| Return On Tangible Assets | 0.17 | 0.18 | |
| Return On Capital Employed | 0.25 | 0.26 | |
| Return On Assets | 0.16 | 0.17 | |
| Return On Equity | 0.28 | 0.29 |
Things to note about Steel Dynamics performance evaluation
Checking the ongoing alerts about Steel Dynamics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Steel Dynamics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Steel Dynamics is unlikely to experience financial distress in the next 2 years | |
| Over 85.0% of the company shares are owned by institutional investors | |
| On 11th of October 2024 Steel Dynamics paid $ 0.46 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Why Is Nucor Down 0.9 percent Since Last Earnings Report |
- Analyzing Steel Dynamics' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Steel Dynamics' stock is overvalued or undervalued compared to its peers.
- Examining Steel Dynamics' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Steel Dynamics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Steel Dynamics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Steel Dynamics' stock. These opinions can provide insight into Steel Dynamics' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Steel Stock analysis
When running Steel Dynamics' price analysis, check to measure Steel Dynamics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steel Dynamics is operating at the current time. Most of Steel Dynamics' value examination focuses on studying past and present price action to predict the probability of Steel Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Dynamics' price. Additionally, you may evaluate how the addition of Steel Dynamics to your portfolios can decrease your overall portfolio volatility.
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