Steel Dynamics(STLD)
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Steel Dynamics Announces Second Quarter 2024 Earnings Conference Call and Webcast
Prnewswire· 2024-07-09 19:00
FORT WAYNE, Ind., July 9, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release second quarter 2024 financial results after market close on Wednesday, July 17, 2024. The teleconference is scheduled to begin at 11:00 a.m. Eastern Daylight Time on Thursday July 18, 2024 and will be hosted by Mark D. Millett, Chairman and Chief Executive Officer, Theresa E. Wagler, Executive Vice Pres ...
Steel Dynamics Stock is Up 9.6% While Its Peers Are Rusting
MarketBeat· 2024-07-02 13:05
Steel Dynamics TodaySTLDSteel Dynamics$129.15 -0.35 (-0.27%) 52-Week Range$95.53▼$151.34Dividend Yield1.42%P/E Ratio8.87Price Target$129.63Add to WatchlistWhile most steel producer stocks are trading down in 2024, Steel Dynamics Inc. NASDAQ: STLD is an exception. Its stock is trading up 9.1% year-to-date (YTD). The VanEck Steel ETF (NYSEARCA: SLX) is down 9.67% YTD. Incidentally, a number of steel companies lowered their guidance, which caused their shares to sell off. On June 17, 2024, Steel Dynamics lower ...
Steel Dynamics (STLD) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-06-26 23:20
In the latest market close, Steel Dynamics (STLD) reached $124.78, with a +0.96% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.16%. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw an increase of 0.49%.Shares of the steel producer and metals recycler witnessed a loss of 7.96% over the previous month, trailing the performance of the Basic Materials sector with its loss of 4.96% and the S&P 500's gain of 3.22%.M ...
Steel Dynamics (STLD) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-06-18 23:20
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 (STLD) Sees Q2 Earnings to Fall on Lower Pricing
ZACKS· 2024-06-18 14:45
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 ...
Steel Dynamics Congratulates Mark D. Millett for Receiving the 2024 Willy Korf / Ken Iverson Steel Vision Award
Prnewswire· 2024-06-18 14:00
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) Soars 4.9%: Is Further Upside Left in the Stock?
ZACKS· 2024-06-18 09:35
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 ...
Steel Dynamics Provides Second Quarter 2024 Earnings Guidance
Prnewswire· 2024-06-17 11:45
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 ...
Steel Dynamics (STLD) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-06-11 23:20
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 ...
Steel Dynamics (STLD) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-06-05 23:21
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 ...