Overview
Steel Dynamics, Inc., based in the United States, is a prominent player within the steel production and metals recycling industries. Noteworthy for being one of the largest domestic steel producers and metal recyclers, the company operates through several segments including steel, which involves the production and sale of steel products; and metals recycling, which focuses on the recovery and processing of scrap metals. Steel Dynamics capitalizes on technology and environmentally-friendly practices to boost production efficiency and sustainability. Key projects by Steel Dynamics often focus on expanding its steel manufacturing capacity, exemplified by its recent investment in a new electric arc furnace (EAF) steel mill project in Sinton, Texas, which reflects its commitment to innovative, low-emission manufacturing processes.
Basic Stats
The share price of Steel Dynamics, Inc. as of September 4, 2025 is €109.50 / share. This is a decrease of 0.00% from the prior week. The market cap (or net worth) of Steel Dynamics, Inc. as of September 5, 2025 is €16,248.38 MM.
The Factor Analysis chart (below right) shows a view of Steel Dynamics, Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 16,248.38 MM |
| EV | |
| Shares Out. | 148.39 MM |
| Earnings Date | |
| EPS (TTM) | 7.02 |
| Dividend Yield | |
| Ex-Dividend Date | 2025-09-30 |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | -0.31 % |
| Volatility (1 yr) | 0.40 |
| Beta | 1.13 |
| Sharpe Ratio (1 yr) | -0.11 |
| Sortino Ratio (1 yr) | -0.16 |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.07 |
| ROE | 0.11 |
| ROIC | 0.08 |
| CROIC | -0.03 |
| OCROIC | 0.12 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 20.90 /100 |
| Profitability | 56.20 /100 |
| Quality Score | 73.41 /100 |
| Value Score | |
| Momentum Score | 27.57 /100 |
| Stability (Low Vol) Score | 55.20 /100 |
| Analyst Sentiment | 53.77 /100 |
| Fund Sentiment | 35.74 /100 |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | |
| QVM Score | |
| Piotroski F-SCORE |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Steel Dynamics, Inc. is €132.29. The forecasts range from a low of €121.74 to a high of €142.06. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Steel Dynamics, Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2024-07-16 | JP Morgan | Underweight | Underweight | Maintains |
| 2024-06-26 | B of A Securities | Neutral | Neutral | Maintains |
| 2024-06-18 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2024-05-20 | Jefferies | Hold | Initiate | |
| 2024-04-16 | JP Morgan | Underweight | Underweight | Maintains |
| 2024-03-18 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2024-03-13 | Citigroup | Buy | Buy | Maintains |
| 2024-01-24 | UBS | Neutral | Neutral | Maintains |
| 2024-01-16 | UBS | Neutral | Initiate | |
| 2023-12-12 | JP Morgan | Underweight | Underweight | Maintains |
| 2023-10-31 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-09-26 | Citigroup | Neutral | Buy | Upgrade |
| 2023-09-25 | Citigroup | Neutral | Buy | Upgrade |
| 2023-09-19 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2023-09-08 | JP Morgan | Underweight | Underweight | Maintains |
| 2023-07-24 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-07-21 | JP Morgan | Underweight | Underweight | Maintains |
| 2023-07-05 | Exane BNP Paribas | Outperform | Neutral | Downgrade |
| 2023-06-21 | Morgan Stanley | Equal-Weight | Reiterate | |
| 2023-05-23 | JP Morgan | Underweight | Initiate | |
| 2023-05-22 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-04-21 | Credit Suisse | Outperform | Maintains | |
| 2023-04-05 | B of A Securities | Buy | Neutral | Downgrade |
| 2023-03-20 | Morgan Stanley | Equal-Weight | Maintains | |
| 2023-03-16 | Credit Suisse | Outperform | Maintains | |
| 2023-03-15 | Citigroup | Buy | Neutral | Downgrade |
| 2023-01-30 | Morgan Stanley | Equal-Weight | Maintains | |
| 2023-01-27 | BMO Capital | Market Perform | Maintains | |
| 2023-01-27 | Goldman Sachs | Buy | Neutral | Downgrade |
| 2022-12-06 | UBS | Buy | Neutral | Downgrade |
| 2022-11-14 | BMO Capital | Market Perform | Maintains | |
| 2022-10-21 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-10-21 | Goldman Sachs | Buy | Maintains | |
| 2022-10-21 | BMO Capital | Market Perform | Maintains | |
| 2022-10-06 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2022-07-06 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-06-14 | JP Morgan | Overweight | Maintains | |
| 2022-05-31 | Goldman Sachs | Buy | Neutral | Downgrade |
| 2022-05-11 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-04-22 | Goldman Sachs | Buy | Maintains | |
| 2022-03-24 | JP Morgan | Overweight | Maintains | |
| 2022-03-22 | Goldman Sachs | Buy | Maintains | |
| 2022-02-16 | Goldman Sachs | Buy | Maintains | |
| 2022-01-11 | Wolfe Research | Peer Perform | Underperform | Downgrade |
| 2021-10-18 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| 2021-10-06 | Goldman Sachs | Buy | Maintains | |
| 2021-09-15 | Deutsche Bank | Buy | Maintains | |
| 2021-08-24 | Seaport Global | Buy | Initiate | |
| 2021-06-14 | Morgan Stanley | Overweight | Maintains | |
| 2021-05-11 | Morgan Stanley | Overweight | Maintains | |
| 2021-04-20 | B of A Securities | Neutral | Buy | Upgrade |
| 2021-04-19 | Credit Suisse | Outperform | Maintains | |
| 2021-04-12 | Goldman Sachs | Buy | Initiate | |
| 2021-04-09 | Goldman Sachs | Buy | Initiate | |
| 2021-03-12 | Morgan Stanley | Overweight | Maintains | |
| 2021-02-03 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2021-01-27 | Morgan Stanley | Overweight | Maintains | |
| 2020-12-09 | Morgan Stanley | Overweight | Initiate | |
| 2020-10-21 | Credit Suisse | Neutral | Maintains | |
| 2020-07-22 | Credit Suisse | Neutral | Maintains | |
| 2020-06-22 | Credit Suisse | Neutral | Maintains | |
| 2020-05-14 | UBS | Buy | Maintains | |
| 2020-05-13 | KeyBanc | Overweight | Sector Weight | Downgrade |
| 2020-05-06 | B of A Securities | Neutral | Underperform | Downgrade |
| 2020-04-22 | Credit Suisse | Neutral | Maintains | |
| 2020-04-22 | KeyBanc | Overweight | Maintains | |
| 2020-04-17 | JP Morgan | Overweight | Maintains | |
| 2020-03-24 | KeyBanc | Sector Weight | Overweight | Upgrade |
| 2020-03-19 | Credit Suisse | Neutral | Maintains | |
| 2019-12-09 | Longbow Research | Neutral | Buy | Upgrade |
| 2019-11-14 | UBS | Buy | Maintains | |
| 2019-09-06 | BMO Capital | Outperform | Market Perform | Downgrade |
| 2019-08-26 | Longbow Research | Buy | Neutral | Downgrade |
| 2019-07-24 | BMO Capital | Outperform | Maintains | |
| 2019-07-24 | Bank of America | Buy | Neutral | Downgrade |
| 2019-06-04 | Goldman Sachs | Buy | Maintains | |
| 2019-05-30 | Deutsche Bank | Buy | Hold | Downgrade |
| 2019-05-23 | Credit Suisse | Outperform | Neutral | Downgrade |
| 2019-01-08 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2018-10-19 | BMO Capital | Outperform | Outperform | Maintains |
| 2018-10-19 | Citigroup | Buy | Buy | Maintains |
| 2018-10-15 | Credit Suisse | Outperform | Neutral | Downgrade |
| 2018-10-11 | Seaport Global | Buy | Initiate | |
| 2018-08-27 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2018-07-25 | Bank of America | Buy | Buy | Maintains |
| 2018-06-14 | KeyBanc | Overweight | Sector Weight | Downgrade |
| 2018-04-24 | Citigroup | Buy | Buy | Maintains |
| 2018-04-18 | UBS | Neutral | Initiate | |
| 2018-04-17 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-03-29 | Deutsche Bank | Buy | Buy | Maintains |
| 2018-03-20 | Goldman Sachs | Buy | Initiate | |
| 2018-01-24 | Credit Suisse | Outperform | Outperform | Maintains |
| 2017-12-20 | Longbow Research | Neutral | Buy | Upgrade |
| 2017-10-24 | Morgan Stanley | Equal-Weight | Maintains | |
| 2017-10-20 | KeyBanc | Sector Weight | Overweight | Upgrade |
| 2017-10-20 | Bank of America | Buy | Maintains | |
| 2017-10-20 | Citigroup | Buy | Maintains | |
| 2017-10-02 | Longbow Research | Buy | Neutral | Downgrade |
| 2017-09-15 | Citigroup | Buy | Maintains | |
| 2017-09-12 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| 2017-09-07 | Macquarie | Neutral | Initiate | |
| 2017-09-05 | Bank of America | Buy | Maintains | |
| 2017-07-21 | Bank of America | Buy | Maintains | |
| 2017-05-24 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2017-04-24 | Macquarie | Neutral | Outperform | Upgrade |
| 2017-01-12 | Credit Suisse | Outperform | Neutral | Downgrade |
| 2016-12-06 | Berenberg | Hold | Buy | Upgrade |
| 2016-12-05 | Deutsche Bank | Buy | Maintains | |
| 2016-11-30 | JP Morgan | Overweight | Maintains | |
| 2016-11-29 | Macquarie | Outperform | Neutral | Downgrade |
| 2016-11-23 | Barclays | Overweight | Maintains | |
| 2016-11-14 | Berenberg | Buy | Hold | Downgrade |
| 2016-10-26 | Bank of America | Neutral | Buy | Upgrade |
| 2016-10-03 | Deutsche Bank | Buy | Maintains | |
| 2016-09-21 | CLSA | Perform | Maintains | |
| 2016-09-15 | Jefferies | Buy | Maintains | |
| 2016-08-22 | Citigroup | Buy | Initiate | |
| 2016-08-19 | KeyBanc | Overweight | Sector Weight | Downgrade |
| 2016-07-20 | Bank of America | Buy | Neutral | Downgrade |
| 2016-07-13 | Barclays | Overweight | Maintains | |
| 2016-06-10 | Jefferies | Buy | Maintains | |
| 2016-06-08 | Credit Suisse | Outperform | Maintains | |
| 2016-04-22 | Macquarie | Outperform | Maintains | |
| 2016-04-22 | Cowen & Co. | Outperform | Maintains | |
| 2016-04-19 | Barclays | Overweight | Maintains | |
| 2016-04-05 | JP Morgan | Overweight | Maintains | |
| 2016-03-23 | KeyBanc | Overweight | Maintains | |
| 2016-03-23 | Credit Suisse | Outperform | Maintains | |
| 2016-03-14 | Rosenblatt | Buy | Neutral | Downgrade |
| 2016-03-10 | Credit Suisse | Outperform | Initiate | |
| 2016-03-09 | Nomura | Buy | Maintains | |
| 2016-03-08 | Berenberg | Hold | Buy | Upgrade |
| 2016-03-04 | Berenberg | Buy | Hold | Downgrade |
| 2016-01-13 | Jefferies | Buy | Maintains | |
| 2016-01-06 | Rosenblatt | Buy | Initiate | |
| 2015-12-14 | Nomura | Neutral | Buy | Upgrade |
| 2015-10-21 | Citigroup | Buy | Maintains | |
| 2015-10-05 | Barclays | Overweight | Maintains | |
| 2015-09-16 | Citigroup | Buy | Maintains | |
| 2015-04-22 | Citigroup | Buy | Maintains | |
| 2015-04-14 | Clarksons Platou | Buy | Initiate | |
| 2015-03-31 | JP Morgan | Overweight | Maintains | |
| 2015-03-16 | Jefferies | Buy | Maintains | |
| 2015-03-13 | Citigroup | Neutral | Buy | Upgrade |
| 2015-03-03 | Nomura | Buy | Maintains | |
| 2015-02-18 | Citigroup | Neutral | Maintains | |
| 2015-02-06 | Deutsche Bank | Buy | Maintains | |
| 2015-01-30 | Jefferies | Buy | Maintains | |
| 2015-01-15 | Barclays | Overweight | Initiate | |
| 2015-01-15 | Citigroup | Neutral | Maintains | |
| 2014-10-02 | KeyBanc | Buy | Maintains | |
| 2014-09-18 | Macquarie | Neutral | Maintains | |
| 2014-09-18 | Bank of America | Buy | Maintains | |
| 2014-08-28 | Bank of America | Buy | Reiterate | |
| 2014-08-25 | Credit Suisse | Outperform | Neutral | Downgrade |
| 2014-08-25 | Cowen & Co. | Outperform | Maintains | |
| 2014-08-04 | KeyBanc | Hold | Buy | Upgrade |
| 2014-07-23 | Macquarie | Neutral | Maintains | |
| 2014-07-23 | Deutsche Bank | Buy | Maintains | |
| 2014-07-23 | Nomura | Buy | Maintains | |
| 2014-05-15 | Jefferies | Buy | Maintains | |
| 2014-04-21 | Jefferies | Buy | Maintains | |
| 2014-02-24 | KeyBanc | Buy | Hold | Downgrade |
| 2014-02-11 | Bank of America | Neutral | Buy | Upgrade |
| 2014-02-05 | Jefferies | Hold | Buy | Upgrade |
| 2013-11-13 | Morgan Stanley | Overweight | Maintains | |
| 2013-11-04 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2013-10-22 | UBS | Buy | Maintains | |
| 2013-10-16 | Credit Suisse | Outperform | Initiate | |
| 2013-09-17 | BMO Capital | Market Perform | Initiate | |
| 2013-09-16 | Jefferies | Hold | Maintains | |
| 2013-09-04 | Wellington Shields | Hold | Initiate | |
| 2013-07-01 | Wells Fargo | Market Perform | Outperform | Upgrade |
| 2013-03-04 | Longbow Research | Neutral | Buy | Upgrade |
| 2013-01-31 | Jefferies | Hold | Maintains | |
| 2013-01-17 | Citigroup | Buy | Maintains | |
| 2013-01-14 | KeyBanc | Hold | Buy | Upgrade |
| 2012-12-18 | Bank of America | Neutral | Maintains | |
| 2012-10-11 | UBS | Buy | Maintains | |
| 2012-10-09 | VTB Capital | Hold | Initiate | |
| 2012-09-18 | Jefferies | Buy | Hold | Downgrade |
| 2012-09-17 | JP Morgan | Overweight | Maintains | |
| 2012-08-23 | Dahlman Rose | Buy | Hold | Downgrade |
| 2012-07-25 | Barclays | Equal-Weight | Maintains | |
| 2012-07-24 | S&P Capital IQ | Sell | Hold | Upgrade |
| 2012-06-27 | Deutsche Bank | Buy | Maintains | |
| 2024-10-10 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2024-10-09 | JP Morgan | Neutral | Neutral | Maintains |
| 2024-09-18 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2024-09-17 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2024-09-09 | JP Morgan | Underweight | Neutral | Upgrade |
| 2024-09-03 | UBS | Neutral | Buy | Upgrade |
| 2025-01-17 | JP Morgan | Neutral | Neutral | Maintains |
| 2024-08-15 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2024-12-19 | Citigroup | Buy | Buy | Maintains |
| 2024-12-12 | UBS | Buy | Neutral | Downgrade |
| 2024-10-01 | B of A Securities | Neutral | Buy | Upgrade |
| 2024-10-18 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2024-10-18 | JP Morgan | Neutral | Neutral | Maintains |
| 2024-10-18 | Seaport Global | Buy | Buy | Maintains |
| 2025-08-14 | Wells Fargo | Overweight | Initiate | |
| 2025-03-31 | BMO Capital | Market Perform | Outperform | Upgrade |
| 2025-02-11 | Keybanc | Sector Weight | Overweight | Upgrade |
| 2025-02-03 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2025-03-24 | UBS | Neutral | Buy | Upgrade |
| 2025-01-24 | Jefferies | Hold | Buy | Upgrade |
| 2025-03-07 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2025-03-11 | JP Morgan | Neutral | Neutral | Maintains |
| 2024-12-02 | Goldman Sachs | Neutral | Initiate | |
| 2025-04-24 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-04-24 | Morgan Stanley | Overweight | Overweight | Maintains |
| 2025-01-06 | Jefferies | Hold | Hold | Maintains |
| 2025-04-16 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-06-20 | Morgan Stanley | Overweight | Overweight | Maintains |
| 2025-07-14 | JP Morgan | Neutral | Neutral | Maintains |
