How to buy Steel Dynamics stock (STLD)

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 $135.16 – an increase of 5.07% over the previous week. Steel Dynamics employs 12,600 staff and has a trailing 12-month revenue of around $17.9 billion.

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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

• Key figures

Information last updated 2024-10-25.

Latest market close	$135.16
52-week range	$101.44 - $150.23
50-day moving average more info button	$121.92
200-day moving average more info button	$127.49
Wall St. target price	$135.39
PE ratio more info button	11.5755
Dividend yield more info button	$1.805 (1.43%)
Earnings per share (TTM) more info button	$11.26

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 $135.72 from 2024-10-28

1 week (2024-10-22)	2.97%
1 month (2024-09-30)	7.65%
3 months (2024-07-30)	5.33%
6 months (2024-04-30)	4.30%

1 year (2023-10-30)	29.76%
2 years (2022-10-28)	43.73%
3 years (2021-10-29)	105.39%
5 years (2019-10-30)	367.62%

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 12x. In other words, Steel Dynamics shares trade at around 12x 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	$58.95
Market Capitalization more info button	$20.1 billion

TTM: trailing 12 months

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

Steel Dynamics Inc was last rated for ESG on: 2019-01-01.

Total ESG score	39.48
Total ESG percentile	78.04
Environmental score	19.6
Environmental score percentile	9
Social score	22.22
Social score percentile	9
Governance score	12.66
Governance score percentile	9
Level of controversy	2

Steel Dynamics share dividends

Dividend payout ratio: 12.43% 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 10 October 2024. The latest dividend was paid out to all shareholders who bought their shares by 29 September 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 $101.435 up to $150.2327. 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 1.328. 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 6.605% of Steel Dynamics shares are held by insiders and 86.477% 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