STLD · Steel Dynamics Inc
Price
Snapshot
50 fields · last close| Market Cap | $34.48B |
| P/E | 21.45 |
| Float | 133.6M |
| Beta | 1.48 |
| Volatility | 37.1% |
| Exchange | NASDAQ |
| Sector | Metals & Mining |
| Cap tier | Large cap |
| Macro sensitivity | High |
| Clavix score | 74.2 |
| Price | 243.71 |
| Change | +1.32% |
| Prev Close | 240.54 |
| Open | 243.64 |
| Day Low | 239.76 |
| Day High | 248.92 |
| Avg Vol | 1 |
| Avg $ Vol | $191.4M |
| 52W High | 288.74 |
| 52W Low | 140.87 |
| 52W Pos | 69.5% |
| From High | −15.60% |
| From Low | +73.00% |
| Max DD 1Y | −22.55% |
| Spread | 0.10% |
| Liquidity | Normal |
| SMA 20 | +3.95% |
| SMA 50 | +1.80% |
| SMA 200 | +10.71% |
| RSI (14) | 54.1 |
| Vol 30D | 29.7% |
| Vol 90D | 38.8% |
| 1Y Range | 141–289 |
| Daily bars | 536 |
| Perf Week | +0.91% |
| Perf Month | −1.96% |
| Perf Quarter | +4.36% |
| Perf Half Y | +20.08% |
| Perf Year | +64.70% |
| Perf YTD | +38.42% |
| Prev Day | +1.32% |
| Clavix | B |
| Debt / Eq | 0.47 |
| Curr Ratio | 3.06 |
| Int Cover | 18.9× |
| FCF Margin | 2.8% |
| Rev Growth | +3.6% |
| Profit | Profitable |
| Leverage | Low |
| Sector rank | 3 / 23 |
What STLD does
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States.
It operates through four segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations.
The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, large unequal leg angles, and reinforcing steel bars, 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 agricultural equipment, energy, 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.
The Steel Fabrication Operations segment produces steel non-residential building components, such as steel joists, joist girders, and steel deck products for non-residential steel fabricators, metal building companies, general construction contractors, developers, property owners, brokers, and governmental entities.
The Aluminum Operations segment offers recycled aluminum flat rolled products. The company also exports its products.
Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana.
Clavix risk grade
regraded every trading daySTLD grades B, 74.2 of 100. Steadiest on Macro Resilience (64), most exposed on Price Stability (58, mixed). 3 of the 4 weighted dimensions sit above the Metals & Mining median. Ranks 3 of 23 in Metals & Mining by Clavix score.
How rough the ride is
| STLD | Metals & Mining median | |
|---|---|---|
| Betavs the overall market · lower is steadier | 1.48 | 1.87 |
| Volatilityannualized | 37.1% | 46.8% |
| Max drawdown, past yearworst peak-to-trough fall | −22.5% | — |
| Typical daily movemedian absolute daily change | 1.45% | — |
| Days beyond ±3%of the last 252 sessions | 48 (19%) | — |
How its days are spread
Daily returns over the last 252 sessions in 1% bins. Moves beyond ±6% land in the end bins.
52-week range
The bar runs from the lowest to the highest close of the last 252 sessions; the marker is the latest close.
Drawdown from the 1-year peak
Percent below the running high over the last 12 months. Zero is a fresh high.
Market sensitivity
| STLD | Metals & Mining median | |
|---|---|---|
| Beta to the markethow much it swings with the S&P 500 · lower is safer | 1.48 | 1.87 |
| Macro sensitivityrate, dollar and credit exposure bucket | High | Very High 57% of 23 |
Where it sits on the macro scale
Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings. The counts are how many Metals & Mining names sit in each bucket.
Where it ranks in its sector
Rank by Clavix score within the sector. Right is the top of the sector.
Price performance
| STLD | |
|---|---|
| 1 week | +0.9% |
| 1 month | −2.0% |
| Year to date | +38.4% |
| 1 year | +64.7% |
Context for the rank, not itself a risk measure.
Recent coverage, scored
| STLD | |
|---|---|
| Articles scoredthe most recent scored coverage, up to 30 | 30 since 4 Aug |
| Average score0 most bearish, 100 most bullish | 65 |
| Bullish · bearisharticles above 60 · below 40 | 23 · 4 |
| Directionarticles whose tone is improving vs worsening | 23 ↑ 4 ↓ |
Where the article scores land
Each bar is a 10-point band of article scores. Below 40 reads bearish, above 60 bullish.
Balance sheet, against the sector
The shaded band is the middle half of the 23 Metals & Mining names Clavix covers; the tick is the sector median.
Growth
| STLD | |
|---|---|
| Revenue growthyear over year | +3.6% |
Financial Health is shown but does not count toward the grade. Why
0–100, higher is safer. The tick on each bar is the Metals & Mining median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.
Recent news
most recent scored articles · the chip is the article’s score · click to openAn article previewing Steel Dynamics' upcoming earnings report says Wall Street expects earnings growth, but notes the company does not appear to have the right combination of two key ingredients for a likely earnings beat.
Nucor and Steel Dynamics jointly filed a motion to intervene with the Federal Energy Regulatory Commission regarding the MISO (Midcontinent Independent System Operator) electricity market. Both steel producers are seeking a formal voice in how power market rules apply within the MISO region, which covers a large swath of the U.S. grid serving heavy industrial users.
Steel Dynamics declared a quarterly dividend of $0.53 per share, payable October 9 to shareholders of record on September 30. The payout works out to $2.12 per year and a 0.9% yield at the article's price.
Shares of Steel Dynamics pulled back after the company's Q3 guidance came in below analyst estimates, though the article notes higher steel prices, strong order backlogs, and wide profit margins remain in place.
Steel Dynamics told investors to expect Q3 profit of $5.34 to $5.38 per share, well above earlier quarters, on record steel shipments and wider margins. Quarterly revenue is expected at $6.42 billion, up 5.5% against the prior quarter and 33% from a year ago, with strong demand from construction, energy, automotive and industrial buyers.
Nearest peers by size
Metals & Mining| Ticker | Company | Grade | Mkt cap | P/E | Beta | |
|---|---|---|---|---|---|---|
| TECK | Teck Resources Ltd | C+ | $31.70B | 35.69 | 1.00 | Compare |
| KGC | Kinross Gold Corp | C | $40.12B | 8.93 | 3.54 | Compare |
| PAAS | Pan American Silver Corp | C | $25.79B | 13.22 | 3.84 | Compare |
| AU | Anglogold Ashanti PLC | C- | $46.87B | 12.31 | 0.73 | Compare |
| RS | Reliance Inc | A- | $20.99B | 23.49 | 0.99 | Compare |
| NUE | Nucor Corp | B+ | $58.15B | 24.94 | 1.87 | Compare |
| AGI | Alamos Gold Inc | C | $19.00B | 11.46 | 3.73 | Compare |
| FNV | Franco-Nevada Corp | B | $65.92B | 31.55 | 2.33 | Compare |
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