Steel Dynamics (STLD)

• Market cap: $18.5B
• 1 day: -1.50%
• 5 days: -3.78%
• 1 month: -5.59%
• 3 months: 10.07%
• 6 months: -4.67%
• Year to date: 10.07%
• 1 year: -17.46%
• 5 years: 461.53%
• 10 years: 522.85%
• Sector: Materials
• Industry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

92% more call options, than puts

Call options by funds: $368M | Put options by funds: $192M

14% more first-time investments, than exits

New positions opened: 108 | Existing positions closed: 95

1.68% more ownership

Funds ownership: 78.83% [Q3] → 80.51% (+1.68%) [Q4]

2% more repeat investments, than reductions

Existing positions increased: 280 | Existing positions reduced: 275

1% less funds holding

Funds holding: 774 [Q3] → 769 (-5) [Q4]

9% less capital invested

Capital invested by funds: $15.3B [Q3] → $14B (-$1.35B) [Q4]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 5 (-1) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $140 14% upside
• Avg. target: $149 21% upside
• High target: $158 28% upside

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

BMO Capital Katja Jancic 62% 1-year accuracy 8 / 13 met price target	18% upside $145	Outperform Upgraded	31 Mar 2025
UBS Andrew Jones 0% 1-year accuracy 0 / 1 met price target	21% upside $149	Buy Upgraded	24 Mar 2025
JP Morgan Bill Peterson 41% 1-year accuracy 15 / 37 met price target	14% upside $140	Neutral Maintained	11 Mar 2025
Morgan Stanley Carlos De Alba 29% 1-year accuracy 7 / 24 met price target	28% upside $158	Overweight Upgraded	7 Mar 2025
Keybanc Philip Gibbs 33% 1-year accuracy 7 / 21 met price target	26% upside $155	Overweight Upgraded	11 Feb 2025