Steel Dynamics Stock Today
| STLD Stock | USD 143.57 1.39 0.96% |
Performance8 of 100
| Odds Of DistressLess than 1
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Steel Dynamics is trading at 143.57 as of the 24th of November 2024, a 0.96 percent decrease since the beginning of the trading day. The stock's lowest day price was 142.52. Steel Dynamics has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Note, on July 8, 2024, Representative Ro Khanna of US Congress acquired $50k to $100k worth of Steel Dynamics's common stock.
Business Domain Materials | IPO Date 21st of November 1996 | Category Basic Materials |
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana. Steel Dynamics operates under Steel classification in the United States and is traded on NASDAQ Exchange. The company has 152.24 M outstanding shares of which 3.46 M shares are at this time shorted by private and institutional investors with about 3.07 trading days to cover. More on Steel Dynamics
Moving together with Steel Stock
| 0.69 | X | United States Steel | PairCorr |
| 0.94 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.77 | MT | ArcelorMittal SA ADR | PairCorr |
| 0.93 | RS | Reliance Steel Aluminum | PairCorr |
Moving against Steel Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Fiscal Year End 28th of January 2025
Steel Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Mark Millett | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 4 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, SP 500 Index, NASDAQ Composite, Steel Works Etc, Power Assets, Disruptive Technologies, SRI Sustainable Growth, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsSteel Dynamics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Steel Dynamics' financial leverage. It provides some insight into what part of Steel Dynamics' total assets is financed by creditors.
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Steel Dynamics (STLD) is traded on NASDAQ Exchange in USA. It is located in 7575 West Jefferson Boulevard, Fort Wayne, IN, United States, 46804 and employs 12,600 people. Steel Dynamics is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 21.86 B. Steel Dynamics conducts business under Metals & Mining sector and is part of Materials industry. The entity has 152.24 M outstanding shares of which 3.46 M shares are at this time shorted by private and institutional investors with about 3.07 trading days to cover.
Steel Dynamics currently holds about 2 B in cash with 3.52 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.41.
Check Steel Dynamics Probability Of Bankruptcy
Ownership AllocationSteel Dynamics shows a total of 152.24 Million outstanding shares. The majority of Steel Dynamics outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Steel Dynamics to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Steel Dynamics. Please pay attention to any change in the institutional holdings of Steel Dynamics as this could imply that something significant has changed or is about to change at the company. On July 8, 2024, Representative Ro Khanna of US Congress acquired $50k to $100k worth of Steel Dynamics's common stock.
Check Steel Ownership Details
Steel Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Norges Bank | 2024-06-30 | 2.4 M | |
| First Trust Advisors L.p. | 2024-06-30 | 2.3 M | |
| Holocene Advisors, Lp | 2024-09-30 | 2.3 M | |
| Pacer Advisors, Inc. | 2024-06-30 | 2.1 M | |
| Ameriprise Financial Inc | 2024-06-30 | 2 M | |
| Legal & General Group Plc | 2024-06-30 | 1.6 M | |
| Goldman Sachs Group Inc | 2024-06-30 | 1.6 M | |
| Ubs Asset Mgmt Americas Inc | 2024-09-30 | 1.5 M | |
| Northern Trust Corp | 2024-09-30 | 1.5 M | |
| Vanguard Group Inc | 2024-09-30 | 18.7 M | |
| Blackrock Inc | 2024-06-30 | 12.4 M |
Steel Dynamics Historical Income Statement
Steel Stock Against Markets
Steel Dynamics Corporate Executives
Elected by the shareholders, the Steel Dynamics' board of directors comprises two types of representatives: Steel Dynamics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Steel. The board's role is to monitor Steel Dynamics' management team and ensure that shareholders' interests are well served. Steel Dynamics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Steel Dynamics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Theresa Wagler | CFO, Chief Accounting Officer and Executive VP | Profile |
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Dynamics. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Dividend Share 1.805 | Earnings Share 11.13 | Revenue Per Share 113.479 | Quarterly Revenue Growth (0.05) |
The market value of Steel Dynamics is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Steel Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Dynamics' market value can be influenced by many factors that don't directly affect Steel Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steel Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.