The most recent trading session ended with Steel Dynamics (STLD) standing at $125, reflecting a -1.22% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.25%. Elsewhere, the Dow gained 0.15%, while the tech-heavy Nasdaq added 0.03%.Shares of the steel producer and metals recycler witnessed a loss of 4.91% over the previous month, beating the performance of the Basic Materials sector with its loss of 6.9% and underperforming the S&P 500's gain of 3. ...

Steel Dynamics, Inc. (STLD) announced its earnings guidance for second-quarter 2024, projecting it in the range of $2.64-$2.68 per share. The figure suggests a decline from first-quarter 2024 levels. In the last reported quarter, earnings came in at $3.67. The projected figure also calls for a plunge from $4.81 reported in the second quarter of the previous year.The company anticipates a notable decline in profitability from its steel operations in second-quarter 2024 compared with the first quarter’s tally ...

FORT WAYNE, Ind., June 18, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) congratulates Mark D. Millett for receiving the 2024 Willy Korf / Ken Iverson Steel Vision Award. The Willy Korf / Ken Iverson Steel Vision Award honors leaders who have made significant contributions to the steel industry while promoting goodwill and integrity. "Mark has driven meaningful innovation and growth in the steel industry throughout his career, and has led transformational strategic growth at Steel Dynamics," s ...

Steel Dynamics (STLD) shares soared 4.9% in the last trading session to close at $126.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.9% loss over the past four weeks.STLD’s gain appears to reflect a recovery in its shares from early losses after the company issued a profit warning for the second quarter. It sees second-quarter earnings in the range of $2.64 to $2.68 per share. The company anticipates a notable decline in p ...

FORT WAYNE, Ind., June 17, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter 2024 earnings guidance in the range of $2.64 to $2.68 per diluted share. Comparatively, the company's sequential first quarter 2024 earnings were $3.67 per diluted share, and prior year second quarter earnings were $4.81 per diluted share.Second quarter 2024 profitability from the company's steel operations are expected to be meaningfully lower than sequential first quarter results, based on ...

In the latest trading session, Steel Dynamics (STLD) closed at $121.53, marking a -1.73% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.27%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.88%.Coming into today, shares of the steel producer and metals recycler had lost 8.29% in the past month. In that same time, the Basic Materials sector lost 2.41%, while the S&P 500 gained 2.85%.The investment community will be paying close attention to ...

The latest trading session saw Steel Dynamics (STLD) ending at $127.16, denoting a -0.06% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.19% for the day. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq gained 1.96%.Shares of the steel producer and metals recycler have depreciated by 4.12% over the course of the past month, underperforming the Basic Materials sector's loss of 0.08% and the S&P 500's gain of 3.35%.Market participants wi ...

Steel Dynamics (STLD) closed the most recent trading day at $131.73, moving -1.9% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.74% for the day. Meanwhile, the Dow lost 1.06%, and the Nasdaq, a tech-heavy index, lost 0.58%.The steel producer and metals recycler's shares have seen an increase of 3.2% over the last month, not keeping up with the Basic Materials sector's gain of 3.23% and the S&P 500's gain of 4.27%.The upcoming earnings release of Steel D ...

The latest trading session saw Steel Dynamics (STLD) ending at $133.55, denoting a +0.62% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a loss of 0.74% for the day. Elsewhere, the Dow lost 1.53%, while the tech-heavy Nasdaq lost 0.39%.The steel producer and metals recycler's shares have seen an increase of 2.16% over the last month, not keeping up with the Basic Materials sector's gain of 3.55% and the S&P 500's gain of 6.06%.The investment community will be closely ...

A month has gone by since the last earnings report for Steel Dynamics (STLD) . Shares have added about 2.2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Steel Dynamics due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Steel Dynamics’ Q1 Earnings Top on Higher Sel ...