STLDBasic Materials · SteelThe 14 Wall Street analysts covering Steel Dynamics, Inc. hold a median 12-month price target of $272 — +17.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 76 of 100 as at 2 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Steel Dynamics, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Growth (94): Sales and profits are climbing, and climbing faster than before.
Accruals (26): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.
Size (7): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on STLD, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +17.2% from it.
Of the 20 most recent actions, 5 moved their price target up and 6 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 18 Sept 2026 | JP Morgan | Maintains | Neutral | $273 → $272 |
| 18 Sept 2026 | Wells Fargo | Maintains | Overweight | $255 → $257 |
| 9 Sept 2026 | JP Morgan | Maintains | Neutral | — |
| 9 Sept 2026 | JP Morgan | Maintains | Neutral | $260 → $273 |
| 24 Aug 2026 | Wells Fargo | Maintains | Overweight | — |
| 24 Aug 2026 | Wells Fargo | Maintains | Overweight | $275 → $255 |
| 10 Aug 2026 | UBS | Maintains | Neutral | — |
| 10 Aug 2026 | UBS | Maintains | Neutral | $165 → $276 |
| 22 July 2026 | Barclays | Maintains | Overweight | $270 → $272 |
| 22 July 2026 | Barclays | Maintains | Overweight | — |
| 22 July 2026 | JP Morgan | Maintains | Neutral | — |
| 22 July 2026 | JP Morgan | Maintains | Neutral | $256 → $260 |
| 22 July 2026 | Morgan Stanley | Maintains | Equal-Weight | — |
| 22 July 2026 | Morgan Stanley | Maintains | Equal-Weight | $270 → $260 |
| 22 July 2026 | Wells Fargo | Maintains | Overweight | $291 → $275 |
| 22 July 2026 | Wells Fargo | Maintains | Overweight | — |
| 15 July 2026 | JP Morgan | Maintains | Neutral | $262 → $256 |
| 15 July 2026 | JP Morgan | Maintains | Neutral | — |
| 9 July 2026 | B of A Securities | Maintains | Neutral | $280 → $260 |
| 9 July 2026 | B of A Securities | Maintains | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. STLD appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 2 Oct 2026, Steel Dynamics, Inc. returned +62.4% against +16.2% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 35% of US stocks
Cheaper than 57% of US stocks
Cheaper than 28% of US stocks
Cheaper than 25% of US stocks
Higher than 80% of US stocks
Higher than 81% of US stocks
Higher than 15% of US stocks
Higher than 67% of US stocks
Higher than 66% of US stocks
Higher than 78% of US stocks
Higher than 87% of US stocks
Higher than 19% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Steel Dynamics, Inc. has a market value of $33.3B and an enterprise value of $37.0B.
Revenue in the twelve months to 30 June 2026: $20.5B. The latest quarter grew 33.4% year on year.
Net income over the same four quarters: $1.6B, a 7.8% net margin.
Diluted earnings per share, trailing twelve months: $11.03.
Free cash flow in the twelve months to 30 June 2026: $955.6M.
Steel Dynamics, Inc. spent $766.1M on share buybacks and $296.0M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 21.1×; forward P/E: 11.8× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.91%, paying out 19% of earnings.
Steel Dynamics, Inc. employs 14,400 people — $1.4M of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
| Company | Market cap | TKN rank |
|---|---|---|
| STLDSteel Dynamics, Inc. | $33.3B | 76 |
| RSReliance, Inc. | $20.9B | 93 |
| NUENucor Corp. | $55.0B | 89 |
| CLFCleveland-Cliffs, Inc. | $6.4B | 47 |
| WSWorthington Steel, Inc. | $1.9B | 47 |
| NTRNutrien Ltd.* | $33.5B | 89 |
| MLMMartin Marietta Materials, Inc.* | $34.3B | 21 |
* Nearest Basic Materials names by size — few steel companies of this scale trade in the US universe.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Steel Dynamics, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
A weekly summary was published covering dividend activity, including companies that changed their dividends and those with upcoming ex-dividend dates, among Dividend Champions, Contenders, and Challengers.
Why it matters — STLD watchers may find the weekly dividend roundup relevant as a reference for tracking dividend changes and ex-dividend activity in their coverage universe.
Steel Dynamics stock advanced 0.81% to $223.16 on Wednesday as the recent steel-stock selloff subsided, tracking a sector-wide uptick that also lifted Cleveland-Cliffs and Nucor shares.
Why it matters — The share-price gain signals a potential easing of recent downward pressure on steel equities, which is directly relevant to Steel Dynamics stakeholders monitoring the sector's trading momentum.
Steel Dynamics (STLD) closed the latest trading day at $230.39, falling 1.4% from its previous close—a steeper decline than the broader market. The company's stock decline was highlighted in a Zacks Investment Research report.
Why it matters — The decline indicates that STLD underperformed the market on the day, which is relevant for those tracking its near-term stock movement.
Cleveland-Cliffs shares fell 9% to $11, a selloff running far ahead of the broader steel group, with Nucor and Steel Dynamics also pulling back.
Why it matters — As a peer in the steel group, Steel Dynamics' share price movement is tied to the sector-wide pullback reflected in the broader selloff.
Shares of Cleveland-Cliffs rose 5% in Tuesday afternoon trading to $12.69, extending a month-long rebound in the U.S. steel complex. The article notes that Nucor and Steel Dynamics also ticked up along with the broader sector.
Why it matters — STLD watchers may note that a rebound in the U.S. steel complex, which lifted sector peers, also registered a modest gain for Steel Dynamics.
The 14 Wall Street analysts covering Steel Dynamics, Inc. have a median 12-month price target of $272, with estimates ranging from $205 to $310. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 14 analysts covering Steel Dynamics, Inc., 9 rate it a Buy, 4 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Steel Dynamics, Inc. 76 out of 100 across roughly 4,600 US stocks as at 2 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 2 Oct 2026, Steel Dynamics, Inc. ranks 76 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (94 of 100).
No one can know that. What the data says: the median 12-month target from 14 analysts implies +17.2% from the last close, and Ticker Nerd's factor model ranks Steel Dynamics, Inc. 76 out of 100 as at 2 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Steel Dynamics, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for STLD are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $205 to $310 over the next 12 months.
Steel Dynamics, Inc. returned +62.4% over the 12 months to 2 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Steel Dynamics Inc. is a diversified industrial metals company focused on steel production, metal recycling, steel fabrication, and aluminum operations.
The most recent item we track (Seeking Alpha, 2 Oct 2026): "Dividend Champion, Contender, And Challenger Highlights: Week October 4". A weekly summary was published covering dividend activity, including companies that changed their dividends and those with upcoming ex-dividend dates, among Dividend Champions, Contenders, and Challengers.
Steel Dynamics Inc. is a diversified industrial metals company focused on steel production, metal recycling, steel fabrication, and aluminum operations. The company produces a broad range of steel products, including flat-rolled sheet, structural shapes, rail, engineered bar, merchant bar, and specialty sections, serving customers in construction, automotive, manufacturing, transportation, energy, and other industrial markets. Steel Dynamics also processes ferrous and nonferrous scrap through its recycling network, supplying recycled material to its own electric arc furnace steel mills and external customers. In addition, its steel fabrication business supplies structural joist and deck systems for non-residential construction, while its aluminum operations expand its presence in recycled aluminum flat-rolled products. Steel Dynamics plays a significant role in North American metals supply chains through its integrated, circular manufacturing model and broad downstream product portfolio.
CEO Mr. Mark D. Millett · 14,400 employees · United States · https://www.steeldynamics.com
