Steel Dynamics Stock Today

STLD Stock  USD 127.09  2.15  1.72%   

Performance

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Odds Of Distress

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Low
Steel Dynamics is trading at 127.09 as of the 19th of March 2025, a 1.72 percent increase since the beginning of the trading day. The stock's lowest day price was 124.18. Steel Dynamics has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
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 149.9 M outstanding shares of which 3.97 M shares are at this time shorted by private and institutional investors with about 1.89 trading days to cover. More on Steel Dynamics

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Follow Valuation Options Odds of Bankruptcy
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Steel Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOMark Millett
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationMetals & Mining, Materials, Basic Materials, SP 500 Index, NASDAQ Composite, NASDAQ Composite Total, Power Assets, Disruptive Technologies, SRI Sustainable Growth, Steel Works Etc, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.841.1744
Way Down
Slightly volatile
Gross Profit Margin0.210.1598
Significantly Up
Slightly volatile
Net Debt1.4 B2.6 B
Way Down
Pretty Stable
Total Current Liabilities2.3 B2.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.2 B3.8 B
Way Down
Slightly volatile
Total Assets15.7 B14.9 B
Sufficiently Up
Slightly volatile
Total Current Assets5.7 B5.4 B
Sufficiently Up
Slightly volatile
Debt Levels
Steel 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.
Liquidity
Steel Dynamics currently holds 3.23 B in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. Steel Dynamics has a current ratio of 3.6, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Steel Dynamics' use of debt, we should always consider it together with its cash and equity.

Change In Cash

(770.88 Million)
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 13,000 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 18.73 B. Steel Dynamics conducts business under Metals & Mining sector and is part of Materials industry. The entity has 149.9 M outstanding shares of which 3.97 M shares are at this time shorted by private and institutional investors with about 1.89 trading days to cover. Steel Dynamics currently holds about 2 B in cash with 1.84 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 Allocation
Steel Dynamics shows a total of 149.9 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. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Steel Ownership Details

Steel Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-12-31
2.5 M
Royal London Asset Management Ltd2024-12-31
2.1 M
Ameriprise Financial Inc2024-12-31
M
Fmr Inc2024-12-31
1.8 M
Northern Trust Corp2024-12-31
1.8 M
Goldman Sachs Group Inc2024-12-31
1.7 M
Ubs Asset Mgmt Americas Inc2024-12-31
1.5 M
Thrivent Financial For Lutherans2024-12-31
1.5 M
Nordea Investment Mgmt Bank Demark A/s2024-12-31
1.4 M
Vanguard Group Inc2024-12-31
18.3 M
Blackrock Inc2024-12-31
11.9 M
View Steel Dynamics Diagnostics

Steel Dynamics Historical Income Statement

At present, Steel Dynamics' Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 18.4 B, whereas Selling General Administrative is forecasted to decline to about 356.6 M. View More Fundamentals

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 WaglerCFO, Chief Accounting Officer and Executive VPProfile
When determining whether Steel Dynamics is a strong investment it is important to analyze Steel Dynamics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steel Dynamics' future performance. For an informed investment choice regarding Steel Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.
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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
(0.48)
Dividend Share
1.84
Earnings Share
9.84
Revenue Per Share
112.858
Quarterly Revenue Growth
(0.09)
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.