Steel DynamicsSTLD
STLD
About: Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, steel fabrication operations, Aluminum Operations Segment, and others. It generates maximum revenue from the steel operations segment.
Employees: 12,600
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 6 (+3) [Q3]
40% more call options, than puts
Call options by funds: $291M | Put options by funds: $208M
18% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 78
1% more funds holding
Funds holding: 765 [Q2] → 770 (+5) [Q3]
5.4% less ownership
Funds ownership: 84.35% [Q2] → 78.95% (-5.4%) [Q3]
10% less capital invested
Capital invested by funds: $17.2B [Q2] → $15.4B (-$1.8B) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 311
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$125
1%
downside
Avg. target
$141
12%
upside
High target
$155
23%
upside
5 analyst ratings
1 positive
20%
4 neutral
80%
0 negative
0%
JP Morgan Bill Peterson 45% 1-year accuracy 14 / 31 met price target | 5%upside $132 | Neutral Maintained | 17 Jan 2025 |
Jefferies Christopher LeFemina 40% 1-year accuracy 2 / 5 met price target | 1%downside $125 | Hold Maintained | 6 Jan 2025 |
Citigroup Alexander Hacking 50% 1-year accuracy 5 / 10 met price target | 15%upside $145 | Buy Maintained | 19 Dec 2024 |
UBS Andrew Jones 0 / 0 met price target | 18%upside $149 | Neutral Downgraded | 12 Dec 2024 |
Goldman Sachs Mike Harris 0% 1-year accuracy 0 / 3 met price target | 23%upside $155 | Neutral Initiated | 2 Dec 2024 |
Financial journalist opinion
Based on 9 articles about STLD published over the past 30 days
Positive
Zacks Investment Research
3 hours ago
Will Steel Dynamics (STLD) Beat Estimates Again in Its Next Earnings Report?
Steel Dynamics (STLD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Positive
The Motley Fool
3 days ago
The Ultimate Steel Stock to Buy With $1,000 Right Now
When it comes to the domestic steel industry, two companies stand out: Nucor (NUE 0.23%) and Steel Dynamics (STLD -0.11%). Both are well run and growing, but one is old and largely mature while the other is still relatively young and growing more quickly.
Neutral
Zacks Investment Research
4 days ago
Unlocking Q4 Potential of Steel Dynamics (STLD): Exploring Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Steel Dynamics (STLD) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Negative
Zacks Investment Research
5 days ago
Earnings Preview: Steel Dynamics (STLD) Q4 Earnings Expected to Decline
Steel Dynamics (STLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Zacks Investment Research
5 days ago
Steel Dynamics (STLD) Surpasses Market Returns: Some Facts Worth Knowing
In the most recent trading session, Steel Dynamics (STLD) closed at $123.52, indicating a +0.2% shift from the previous trading day.
Neutral
PRNewsWire
1 week ago
Steel Dynamics Announces Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , Jan. 10, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release Fourth Quarter and Full Year 2024 financial results after market close on Wednesday, January 22, 2025.
Neutral
MarketBeat
2 weeks ago
Steel Stocks: 1 Steel Stock to Buy and 1 to Sell on Trump Tariffs
As the Trump administration takes over in 2025, his proposed import tariffs across the board have stoked inflation fears. Many stocks are feeling the impact of stockpiling ahead of the new tariffs, while other stocks are sinking on the prospects of rising costs, leading to softening demand and compressed margins.
Negative
The Guardian
2 weeks ago
US Steel and Nippon file lawsuit over Biden's order blocking $14.9bn deal
Companies say Biden's blocking of the proposed purchase over national security concerns violates constitution
Neutral
Zacks Investment Research
2 weeks ago
Steel Dynamics (STLD) Ascends While Market Falls: Some Facts to Note
Steel Dynamics (STLD) concluded the recent trading session at $114.07, signifying a +0.24% move from its prior day's close.
Negative
Zacks Investment Research
1 month ago
Steel Dynamics Expects Lower Q4 Earnings Amid Pricing Pressures
Steel Dynamics, Inc. STLD expects earnings for the fourth quarter of 2024 to be $1.26 to $1.30 per share. It reported earnings $2.05 per share for the third quarter and $2.60 for fourth-quarter 2023.
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