Steel Dynamics earns best-in-class peer rankings for return on equity and margins, generates strong year-over-year earnings growth of 46%, and has received recent positive analyst mentions, but has already surpassed its analyst consensus price target, carries a negative free cash flow flag, and posted mixed earnings results over the past 4 quarters.
Thesis pillars
- Analyst Target Reached No Upside→Stable
- Best In Class Peer Margins Roe↓Deteriorating
- Earnings Growth 46pct Yoy→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 27, 2026
Steel Dynamics, Inc. (STLD) Stock Analysis
Breakout setup · Sector Rotation edge
Basic Materials · Steel
Sell if holding. Analyst target reached at $249.99 — A.R:R is negative (-0.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Basic Materials): -0.1.
Steel Dynamics, Inc. is a leading industrial metals solutions company, with facilities located throughout the United States and Mexico. The company operates a circular manufacturing model, producing high-quality, lower-carbon-emission products with recycled scrap as the primary... Read more
Sell if holding. Analyst target reached at $249.99 — A.R:R is negative (-0.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Basic Materials): -0.1. Chart setup: Golden cross, above all MAs, RSI 67, MACD bullish. Score 6.7/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 88d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-10-29Recent Developments — Steel Dynamics, Inc.
Latest news
- NEWS Steel Dynamics (STLD) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates - Yahoo Finance — Yahoo Finance neutral
- NEWS Countdown to Steel Dynamics (STLD) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS - Yahoo Finance — Yahoo Finance neutral
- NEWS Steel Dynamics (STLD) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures - Yahoo Finance — Yahoo Finance neutral
- NEWS Steel Dynamics Stock And 2 Domestic Manufacturing Picks for Tariff Focused Investors - Sahm — Sahm neutral
- NEWS Why a $14 Million Miss Cost Steel Dynamics Shareholders $1.9 Billion - TIKR.com — TIKR.com negative
Generated 2026-10-29T11:08:52Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-08-18Item 5.02MEDIUM/s/ Theresa E. Wagler Date: August 18, 2026 | By: | Theresa E. Wagler | Title: | Executive Vice President and | | Chief Financial OfficerSEC filing →
- 2026-08-04Item 5.02MEDIUM. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.** On August 3, 2026, Mark D.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $249.99 — A.R:R is negative (-0.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Basic Materials): -0.1. Chart setup: Golden cross, above all MAs, RSI 67, MACD bullish. Prior stop was $232.49. Score 6.7/10, moderate confidence.
Analyst target $237.23 reached (−5.1% from $249.99); no take-profit level is published. Prior stop was $232.49. Stop-loss: $232.49.
Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1; Consecutive earnings misses (2).
Steel Dynamics, Inc. trades at a P/E of 18.5 (forward 11.7). TrendMatrix value score: 7.4/10. Verdict: Sell.
22 analysts cover STLD with a consensus score of 3.8/5. Average price target: $273.
What does Steel Dynamics, Inc. do?Steel Dynamics, Inc. is a leading industrial metals solutions company, with facilities located throughout the United...
Steel Dynamics, Inc. is a leading industrial metals solutions company, with facilities located throughout the United States and Mexico. The company operates a circular manufacturing model, producing high-quality, lower-carbon-emission products with recycled scrap as the primary input.