Steel Dynamics Stock News

Algoma Steel Group (NASDAQ:ASTL) and Steel Dynamics (NASDAQ:STLD) are both basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, analyst recommendations, dividends, institutional ownership, valuation, earnings and profitability. Insider and Institutional Ownership 73.6% of Algoma Steel Group shares are held by institutional []

Wedge Capital Management L L P NC lessened its holdings in Steel Dynamics, Inc. (NASDAQ:STLD) by 6.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 135,856 shares of the basic materials companys stock after selling 9,350 shares during the period. Wedge Capital []

Steel Dynamics, Inc. (NASDAQ:STLD) Investment analysts at KeyCorp issued their Q4 2021 earnings per share (EPS) estimates for Steel Dynamics in a research report issued to clients and investors on Monday, November 22nd. KeyCorp analyst P. Gibbs anticipates that the basic materials company will post earnings per share of $4.79 for the quarter. KeyCorp []

Dublin, Nov. 26, 2021 (GLOBE NEWSWIRE) -- The "U.S. Coated Steel Market Size, Share & Trends Analysis Report By Product (Galvanized, Pre-painted), By Application (Building & Construction, Appliances, Automotive), By Region, And Segment Forecasts, 2021 - 2028" report has been added to ResearchAndMarkets.com''s offering. The U.S. coated steel market size is expected to reach USD 36.71 billion by 2028, expanding at a CAGR of 4.4% over the forecast period. Increasing demand for lightweight automotive parts coupled with a rising trend toward the aesthetic appearance of steel products is anticipated to drive market growth across the projected period. Steel is coated with various materials such as zinc and tin to prevent it from corrosion and increase its life cycle. Coated steel is vastly used in applications where food safety, aesthetic appearance, and corrosion resistance are of vital significance. The product thus finds applications in construction, automotive, appliances, packaging, furniture, and many other industries.

Steel Dynamics, Inc. (NASDAQ:STLD) KeyCorp issued their Q4 2021 earnings per share estimates for shares of Steel Dynamics in a research report issued on Monday, November 22nd. KeyCorp analyst P. Gibbs forecasts that the basic materials company will earn $4.79 per share for the quarter. KeyCorp also issued estimates for Steel Dynamics FY2022 earnings []

There are a lot of similarities between Nucor and Steel Dynamics, but which one is right for your portfolio?

There are a lot of similarities between Nucor and Steel Dynamics, but which one is right for your portfolio?

Steel Dynamics, Inc. (NASDAQ:STLD) shares were up 7.6% during mid-day trading on Monday after the company announced a dividend. The company traded as high as $67.89 and last traded at $67.88. Approximately 44,582 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 2,185,712 shares. The stock had previously []

Louisiana State Employees Retirement System lessened its position in shares of Steel Dynamics, Inc. (NASDAQ:STLD) by 5.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 49,500 shares of the basic materials companys stock after selling 2,600 shares during the period. Louisiana State Employees Retirement Systems holdings in Steel Dynamics were worth $2,895,000 []

Steel Dynamics, Inc. (NASDAQ:STLD) declared a quarterly dividend on Friday, November 19th, RTT News reports. Stockholders of record on Friday, December 31st will be paid a dividend of 0.26 per share by the basic materials company on Friday, January 14th. This represents a $1.04 annualized dividend and a dividend yield of 1.65%. Steel Dynamics has []

Wolfe Research assumed coverage on shares of Steel Dynamics (NASDAQ:STLD) in a research report sent to investors on Tuesday morning, Analyst Ratings Network reports. The firm issued a market perform rating and a $75.00 price objective on the basic materials companys stock. Several other analysts have also recently commented on the company. The Goldman Sachs []

FORT WAYNE, Ind., Nov. 19, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company''s board of directors has declared a quarterly cash dividend of $0.26 per common share. The dividend is payable to shareholders of record at the close of business on

Wolfe Research initiated coverage on shares of Steel Dynamics (NASDAQ:STLD) in a report released on Tuesday morning, Price Targets.com reports. The firm issued a market perform rating and a $75.00 target price on the basic materials companys stock. A number of other equities analysts have also recently issued reports on the stock. Seaport Res Ptn []

Mariner LLC trimmed its stake in shares of Steel Dynamics, Inc. (NASDAQ:STLD) by 3.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,249 shares of the basic materials companys stock after selling 602 shares during the quarter. Mariner LLCs holdings in []

New England Research & Management Inc. purchased a new position in Steel Dynamics, Inc. (NASDAQ:STLD) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,342 shares of the basic materials companys stock, valued at approximately $722,000. A number of other hedge []