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Last $20.01 USD
Change Today -0.33 / -1.62%
Volume 4.2M
STLD On Other Exchanges
Symbol
Exchange
NASDAQ GS
Mexico
Frankfurt
As of 8:10 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

steel dynamics inc (STLD) Snapshot

Open
$20.37
Previous Close
$20.34
Day High
$20.61
Day Low
$19.84
52 Week High
09/18/14 - $25.51
52 Week Low
01/29/15 - $16.51
Market Cap
4.8B
Average Volume 10 Days
4.6M
EPS TTM
$1.46
Shares Outstanding
241.5M
EX-Date
03/27/15
P/E TM
13.7x
Dividend
$0.55
Dividend Yield
2.41%
Current Stock Chart for STEEL DYNAMICS INC (STLD)

steel dynamics inc (STLD) Related Businessweek News

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steel dynamics inc (STLD) Details

Steel Dynamics, Inc., together with its subsidiaries, manufactures and sells steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joist and decking products in the United States and internationally. The company operates in three segments: Steel Operations, Metals Recycling and Ferrous Resources Operations, and Steel Fabrication Operations. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; angles, plain rounds, flats, channels, and billets; and merchant beams, channels, and specialty structural steel sections. This segment offers its products for automotive, construction, commercial, transportation, agriculture, industrial machinery, pipe and tube, and energy markets. The Metals Recycling and Ferrous Resources Operations segment is involved in the purchase, process, and resale of ferrous and nonferrous scrap metals into reusable forms and grades. 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. This segment also produces pig and hot briquetted iron; and iron nugget products that are used in electric arc furnace steel mills. The Steel Fabrication Operations segment produces steel building components comprising steel joists, girders, trusses, and steel decking primarily for the non-residential construction industry. The company also serves steel service centers, steel fabricators, various manufacturers, cold finishers, forgers, intermediate processors, original equipment manufacturers, and distributors. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

7,780 Employees
Last Reported Date: 03/2/15
Founded in 1993

steel dynamics inc (STLD) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $930.0K
Co-Founder, Executive Vice President of Steel...
Total Annual Compensation: $610.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $485.0K
Executive Vice President of Metals Recycling,...
Total Annual Compensation: $450.0K
Compensation as of Fiscal Year 2013.

steel dynamics inc (STLD) Key Developments

Steel Dynamics, Inc. Provides Earnings Guidance for the First Quarter of 2015

Steel Dynamics Inc. provided earnings guidance for the first quarter of 2015. Excluding approximately $17 million, or $0.04 per diluted share, of estimated premium and related expenses associated with the company's repayment of $350 million in senior notes in March 2015, the company provided first quarter 2015 adjusted earnings guidance in the range of $0.12 to $0.16 per diluted share. Including these charges, earnings guidance for the first quarter 2015 would have been in the range of $0.08 to $0.12 per diluted share. Estimated first quarter earnings are lower than the company's sequential fourth quarter 2014 adjusted earnings of $0.40 per diluted share and similar to prior-year first quarter earnings of $0.17 per diluted share.

Steel Dynamics, Inc. Announces Redemption of 75/8% Senior Notes Due 2020

Steel Dynamics Inc. announced that it has repaid all of its outstanding 75/8% Senior Notes due 2020 at a price of 103.813% of the principal amount of the Notes, plus accrued and unpaid interest to, but not including, March 16, 2015, the date of redemption. On and after the redemption date, the Notes are no longer deemed to be outstanding, interest ceases to accrue thereon and all rights of the holders of the Notes cease to exist, except for the right to receive the redemption price, without further interest. Associated premiums and related expenses of approximately $17 million were recorded in March 2015. The repayment of $350.0 million of the principal amount of the Notes will reduce the company's annual interest burden by $27 million.

Steel Dynamics Inc. Declares First Quarter 2015 Cash Dividend, Payable on or About April 10, 2015

Steel Dynamics Inc. announced first quarter cash dividend of $0.1375 per common share, a 20% increase over the company's 2014 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2015, and is payable on or about April 10, 2015.

 

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STLD Competitors

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Allegheny Technologies Inc $30.28 USD -0.23
Commercial Metals Co $15.28 USD +0.17
Reliance Steel & Aluminum Co $59.72 USD -0.05
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Industry Analysis

STLD

Industry Average

Valuation STLD Industry Range
Price/Earnings 31.4x
Price/Sales 0.6x
Price/Book 1.7x
Price/Cash Flow 26.6x
TEV/Sales 0.2x
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