STLD
Steel Dynamics
Materials · Steel · US
$228.75
Close 2026-05-15
✓ ETHICAL PASS

NARROW MOAT
HIGH
Data Confidence: 100%
Full financial profile available
Market Cap
$33.0B
Trailing P/E
24.49
Forward P/E
13.58
Rev Growth
+19.1%
Profit Margin
7.2%
ROE
15.2%
Analyst Target
$238.82
Recommendation
BUY
About Steel Dynamics

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.

Opportunity Summary
Trading at $229 against a fair value of $322, a 29% discount. Passes all ethical screens. Ranks better than 94% of screened stocks.
Ethical Screen
Business ActivityPASS
Debt Ratio (0.26%)PASS
Cash Ratio (0.00%)PASS
Receivables Ratio (0.15%)PASS
Revenue Ratio (0.00%)PASS
OverallPASS
Score Ethical: 86.6
Score Valuation: 83.5
Score Quality: 66.2
Score Combined: 65.3
Fair Value Est: $321.75 · Margin of Safety: +28.9% · Tier: OPPORTUNITY

Full Analysis

Opportunity scores, earnings history, insider transactions, institutional holders, analyst consensus, and more.

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Opportunity Scores
Valuation94.6
Quality66.3
Cash Flow0.0
Moat70.0
Balance Sheet88.7
Debt Purity22.3
Liquid Purity100.0
Rev Purity100.0
Compliance68.0
Tier: SILVER · Score: 69.1 · Rank: #310
Earnings History (Last 8 Quarters)
DateEPS Est.Reported EPSSurprise %
2026-07-214.03Pending--
2026-04-202.792.78-0.2%
2026-01-261.691.82+7.9%
2025-10-202.632.74+4.2%
2025-07-212.082.01-3.5%
2025-04-221.381.44+4.0%
2025-01-221.291.36+5.5%
2024-10-161.982.05+3.4%
Quarterly Financials
PeriodRevenueNet IncomeEBITDAGross ProfitOp. IncomeEPS
2026-03-31$5.2B$403.4M$705.7M$763.2M$580.2M2.79
2025-12-31$4.4B$266.0M$483.8M$529.3M$337.4M1.83
2025-09-30$4.8B$403.7M$665.9M$757.9M$550.1M2.75
2025-06-30$4.6B$298.7M$538.1M$618.5M$413.6M2.01
2025-03-31$4.4B$217.2M$426.5M$486.5M$297.8M1.45
2024-09-30
Insider Transactions
DateNameRoleSharesValue
2026-05-14POINSATTE RICHARD AOfficer200--
2026-05-13GRAHAM CHRISTOPHER A.Officer9,000$2.1M
2026-05-12POINSATTE RICHARD AOfficer2,300$538.5K
2026-05-06TEETS RICHARD P JRDirector158--
2026-05-06BARGABOS SHEREE L.Director158--
2026-05-06HAMANN JENNIFER LDirector79--
2026-04-23ALVAREZ MIGUELOfficer4,825$1.1M
2026-04-23CORNEW KENNETH WDirector5,000$1.1M
2026-04-10TEETS RICHARD P JRDirector9--
2026-04-10SHAHEEN GABRIEL LDirector157--
Top Institutional Holders
HolderSharesValue% Held
Blackrock Inc.12.4M$3.0B0.1%
Vanguard Capital Management LLC9.0M$2.2B0.1%
State Street Corporation7.5M$1.8B0.1%
Vanguard Portfolio Management LLC6.8M$1.6B0.0%
FMR, LLC4.4M$1.1B0.0%
Geode Capital Management, LLC3.8M$920.5M0.0%
Capital Research Global Investors3.6M$871.5M0.0%
Morgan Stanley3.1M$755.9M0.0%
Life Cycle Investment Partners Ltd2.7M$647.2M0.0%
Holocene Advisors, LP2.3M$549.4M0.0%
Analyst Recommendations
3 Months Ago
1
6
3
11 analysts
2 Months Ago
1
8
2
11 analysts
Last Month
1
8
2
11 analysts
Current
2
6
3
12 analysts
Strong Buy Buy Hold Sell Strong Sell
Additional Fundamentals
Enterprise Value
$38.2B
Price/Book
3.88
Beta
1.493
Analysts
11
Total Revenue (TTM)
$19.0B
Total Debt
$4.2B
Earnings Growth
+93.1%
Dividend Yield
0.9%
Rec. Mean
2.00
Short Ratio
3.12
Short % Float
0.0%
Employees
14,400

Elite Intelligence

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Trade Consideration
The Opportunity
Score 65.3 (P99 — top 1.0% of scored tickers). Narrow Moat. Ethical PASS. 12 analysts at Buy.
Price: $228.75 | Target: $241.42 (+6%) | Fair Value: $321.75 (+41%)
Score
65
Moat
NARROW
Conviction
Standard
Upside
+6%
The Fundamentals
Revenue Growth+19.1%
Profit Margin7.2%
ROE15.2%
Forward P/E13.6
Market Cap$33.0B
Earnings Track Record
DateEstimateReportedSurprise
2026-07-21$4.03Pending
2026-04-20$2.79$2.78-0.2%
2026-01-26$1.69$1.82+7.9%
2025-10-20$2.63$2.74+4.2%
2025-07-21$2.08$2.01-3.5%
2025-04-22$1.38$1.44+4.0%
Position Sizing Scenarios
Stop: $194.44 (-15%) | Entry: $228.75
SharesCostProfit to TargetR:R
To Consensus ($241.42, 12 analysts)
10$2,287.50+$126.70 (6%)0.4R
50$11,437.51+$633.50 (6%)0.4R
100$22,875.01+$1,267.00 (6%)0.4R
To Fair Value ($321.75)
10$2,287.50+$930.00 (41%)2.7R
50$11,437.51+$4,650.00 (41%)2.7R
100$22,875.01+$9,300.00 (41%)2.7R
Risk Factors
  • Elevated short interest (3.12 days to cover)
The Verdict
Steel Dynamics passes all ethical screens and holds a narrow competitive moat.
Quantitative Grade

A single score combining all analytical layers below. A is strongest, D is weakest.

A
Quant Score
73.4
Risk Grade
LOW_RISK
Layers
8
Quality: HIGH_SORTINO,STRONG_EARNINGS_DRIFT
Risk Profile

How much could this ticker lose on a bad day? These metrics measure worst-case scenarios from historical data.

VaR 95%
-3.3%
worst expected daily loss, 19 in 20 days
CVaR 95%
-4.4%
avg loss on the worst 5% of days
Annual Volatility
Sortino Ratio
1.58
above 1.0 is good
Max Drawdown
-28.7%
Worst Day
Forward Outlook

Based on 10,000 simulated price paths, here is the probability of where this ticker could be in 30, 60, and 90 days.

30d Prob Up
90d Prob Up
Median Return 30d
Liquidity Score
90
Liquidity Grade
HIGHLY LIQUID
Trend & Momentum

What direction is this ticker actually moving, filtered through noise? Is it speeding up or slowing down?

Kalman Trend
Trend Strength
Momentum Signal
HMM Regime
RSI Signal
Technical Signals

Classic chart signals that institutional traders monitor. Golden Cross is bullish, Death Cross is bearish.

MA Crossover
ABOVE_200
Bollinger Position
ABOVE_UPPER
Beta
Relative Volume
0.7x
Short Interest
Financial Health

Is this company financially sound? The Z-Score measures bankruptcy risk. The F-Score measures fundamental strength.

Altman Z-Score
below 1.81 = distress zone
Piotroski F-Score
Earnings Beat Rate
75.0%
Earnings Consistency
Correlations

These tickers tend to move together (positive) or in opposite directions (negative). Useful for portfolio diversification.

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Inverse Correlated
TickerCorrelation
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Seasonality

Does this ticker have consistent patterns on certain days or months? Historical tendencies, not guarantees.

Best Day
Wednesday
Worst Day
Thursday
Best Month
Apr
Worst Month
Dec
Fri-Mon Effect
-0.49772572968827655
Earnings Drift

After this company beats earnings, does the price keep going up? Drift tracks post-earnings momentum.

Avg Drift After Beat
+6.5%
Beat Drift Positive %
83.3%
Consistency
Momentum Rankings

How does this ticker's recent performance compare to the entire universe? Ranked across 1, 3, 6, and 12-month returns.

1M Return
+10.4%
3M Return
+31.6%
6M Return
+64.6%
12M Return
+95.5%
Momentum Rank
#435
Momentum Signal
STRONG_UP

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