Steel Dynamics, Inc. (STLD) EPS Estimated At $1.39

June 15, 2018 - By Ruby Caswell

Steel Dynamics, Inc. (NASDAQ:STLD) LogoInvestors sentiment increased to 1.08 in 2018 Q1. Its up 0.11, from 0.97 in 2017Q4. It is positive, as 33 investors sold Steel Dynamics, Inc. shares while 153 reduced holdings. 52 funds opened positions while 149 raised stakes. 184.42 million shares or 2.34% less from 188.84 million shares in 2017Q4 were reported.
X Management Co Limited Co stated it has 0.05% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). Parametric Portfolio Lc reported 0.02% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). Capital Impact Advsr Limited Liability Com reported 66,216 shares. 217,253 were reported by Frontier Cap Com Ltd Liability. Howe Rusling, New York-based fund reported 104 shares. Blackrock accumulated 0.05% or 21.91M shares. Amica Mutual invested in 0.1% or 17,254 shares. Natixis Advisors Lp accumulated 14,698 shares. Hillsdale Invest Mngmt owns 10,140 shares for 0.06% of their portfolio. Lingohr & Partner Asset Mngmt Gmbh holds 0.92% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD) for 33,229 shares. First Foundation Advisors holds 0.03% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD) for 12,831 shares. Ls Invest Advsr Ltd owns 16,994 shares. Engineers Gate Manager Limited Partnership holds 0.27% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD) for 90,249 shares. Lyons Wealth Mgmt Limited Liability Co holds 1.03% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD) for 15,424 shares. M&T Retail Bank Corp, a New York-based fund reported 40,237 shares.

Since May 31, 2018, it had 0 buys, and 4 sales for $1.24 million activity. The insider BUSSE KEITH E sold $180,653. The insider KOLB JURGEN DR sold 13,417 shares worth $685,952.

Analysts expect Steel Dynamics, Inc. (NASDAQ:STLD) to report $1.39 EPS on July, 18.They anticipate $0.76 EPS change or 120.63 % from last quarter’s $0.63 EPS. STLD’s profit would be $327.94M giving it 8.81 P/E if the $1.39 EPS is correct. After having $0.96 EPS previously, Steel Dynamics, Inc.’s analysts see 44.79 % EPS growth. The stock decreased 0.35% or $0.17 during the last trading session, reaching $49.01. About 1.95M shares traded. Steel Dynamics, Inc. (NASDAQ:STLD) has risen 43.55% since June 15, 2017 and is uptrending. It has outperformed by 30.98% the S&P500.

Steel Dynamics, Inc. (NASDAQ:STLD) Ratings Coverage

Among 12 analysts covering Steel Dynamics (NASDAQ:STLD), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Steel Dynamics had 18 analyst reports since December 18, 2017 according to SRatingsIntel. As per Tuesday, April 24, the company rating was maintained by Citigroup. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, January 23. The stock has “Buy” rating by Deutsche Bank on Thursday, March 29. Bank of America maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating on Monday, January 8. Bank of America has “Buy” rating and $51.0 target. The rating was maintained by Cowen & Co on Thursday, January 4 with “Buy”. Longbow upgraded the shares of STLD in report on Wednesday, December 20 to “Buy” rating. The rating was maintained by Morgan Stanley on Tuesday, April 17 with “Equal-Weight”. The stock has “Buy” rating by Cowen & Co on Monday, December 18. The company was maintained on Monday, February 5 by Cowen & Co. Cowen & Co maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating on Thursday, April 19. Cowen & Co has “Buy” rating and $6000 target.

Steel Dynamics, Inc., together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the United States and internationally. The company has market cap of $11.56 billion. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions. It has a 14.01 P/E ratio. 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; threaded rod products, and cold drawn and heat treated bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections.

More news for Steel Dynamics, Inc. (NASDAQ:STLD) were recently published by: Benzinga.com, which released: “Benzinga’s Top Upgrades, Downgrades For June 14, 2018” on June 14, 2018. 247Wallst.com‘s article titled: “Top Analyst Upgrades and Downgrades: Capital One, Hewlett Packard Enterprises, Kohl’s, Roku, Spotify, Steel …” and published on June 14, 2018 is yet another important article.

Steel Dynamics, Inc. (NASDAQ:STLD) Institutional Positions Chart

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