JP Morgan resumed coverage of Steel Dynamics with a rating of Overweight and set a new price target of $107.00 from $33.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/27/2025 | Underperform → Peer Perform | Wolfe Research | |
| 2/11/2025 | $155.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 1/24/2025 | $125.00 → $145.00 | Hold → Buy | Jefferies |
| 1/3/2025 | Neutral → Outperform | Exane BNP Paribas | |
| 12/12/2024 | $145.00 → $149.00 | Buy → Neutral | UBS |
| 12/2/2024 | $155.00 | Neutral | Goldman |
| 10/1/2024 | $140.00 → $155.00 | Neutral → Buy | BofA Securities |
| 9/17/2024 | $135.00 → $127.00 | Market Perform | BMO Capital Markets |
4 - STEEL DYNAMICS INC (0001022671) (Issuer)
4 - STEEL DYNAMICS INC (0001022671) (Issuer)
4 - STEEL DYNAMICS INC (0001022671) (Issuer)
10-K - STEEL DYNAMICS INC (0001022671) (Filer)
8-K - STEEL DYNAMICS INC (0001022671) (Filer)
8-K - STEEL DYNAMICS INC (0001022671) (Filer)
SC 13G/A - STEEL DYNAMICS INC (0001022671) (Subject)
SC 13G/A - STEEL DYNAMICS INC (0001022671) (Subject)
SC 13G/A - STEEL DYNAMICS INC (0001022671) (Subject)
FORT WAYNE, Ind., Sept. 15, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ:STLD) today announced that its Board of Directors has appointed Jennifer L. Hamann to the Company's Board of Directors. The appointment is for the balance of a one-year term ending May 2024 coinciding with the Company's regularly held Annual Meeting of Stockholders. Ms. Hamann, age 56, will serve as an independent director and participate as a member of the Company's Audit Committee. From 2020 through present, Ms. Hamann has served as the executive vice president and chief financial officer of Union Pacific Corporation ("Union Pacific"), a publicly traded company (NYSE:UNP) with a current market capitalization of
FORT WAYNE, Ind., Feb. 9, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ:STLD) today announced that the company's board of directors approved the appointment of Barry T. Schneider to the newly created position of President and Chief Operating Officer of the company, effective March 1, 2023. Mr. Schneider has been an integral participant in the growth of the company's steel operations. Mr. Schneider, a 28-year veteran of the company, has been its Senior Vice President, Flat Roll Steel Group, since March 2016, responsible for the company's flat roll steel operations, comprised of three steel mills and numerous processing and value-added coating lines. Before that, Mr. Schneider served in va
FORT WAYNE, Ind., Nov. 24, 2021 /PRNewswire/ -- (NASDAQ:STLD) Steel Dynamics, Inc. today announced that its Board of Directors has appointed Luis M. Sierra as an independent member of the Company's Board of Directors. The appointment is for the balance of a one-year term ending May 2022, coinciding with the Company's regularly scheduled Annual Meeting of Stockholders. Mr. Luis Sierra, age 58, will serve as an independent director of Steel Dynamics and will also serve as a member of the Steel Dynamics Compensation Committee. From July 2020 through present, Mr. Sierra serves as the President and Chief Executive Officer of NOVA Chemicals Corporation ("NOVA"), with annual 2020 revenues of $3.2
FORT WAYNE, Ind., Feb. 24, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.50 per common share, representing a 9% increase over the company's 2024 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2025, and is payable on or about April 11, 2025. The company's board of directors also authorized an additional share repurchase program of $1.5 billion of the company's common stock. The authorization is effective immedi
FORT WAYNE, Ind., Jan. 23, 2025 /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 Fourth Quarter and Full Year 2024 financial results after market close on Wednesday, January 22, 2025. The teleconference is scheduled to begin at 11:00 a.m. Eastern Standard Time on Thursday January 23, 2025 and will be hosted by Mark D. Millett, Chairman and Chief Executive Officer, Theresa E. Wagler, Executive Vice President and Chief Financial Officer, and Barry Schneider, President and Chief Operating Officer.
FORT WAYNE, Ind., Jan. 22, 2025 /PRNewswire/ -- Annual 2024 Performance Highlights: Second highest steel shipments of 12.7 million tonsNet sales of $17.5 billion, operating income of $1.9 billion, and net income of $1.5 billionAdjusted EBITDA of $2.5 billion and cash flow from operations of $1.8 billionStrong liquidity of $2.2 billion as of December 31, 2024Share repurchases of $1.2 billion of the company's common stock, representing six percent of its outstanding sharesStrong after-tax return-on-invested-capital of 23 percent for the three-year period ended December 31, 2024
FORT WAYNE, Ind., Feb. 24, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.50 per common share, representing a 9% increase over the company's 2024 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2025, and is payable on or about April 11, 2025. The company's board of directors also authorized an additional share repurchase program of $1.5 billion of the company's common stock. The authorization is effective immedi
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE:QXO) announced today that it has informed Beacon Roofing Supply, Inc. (NASDAQ:BECN) that it will propose 10 independent director nominees at Beacon's 2025 Annual Meeting of Shareholders to replace Beacon's Board of Directors. The slate of independent nominees includes current and former senior executives and directors of leading global companies who were selected for their deep expertise with large-scale corporate transformations, extensive knowledge of the building products and distribution sectors, and track records of unlocking shareholder value. "We are proposing a slate of high-caliber, independent director nominees
FORT WAYNE, Ind., Jan. 30, 2025 /PRNewswire/ -- Fortune named Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the World's Most Admired Companies for 2025. Steel Dynamics received high marks within the metals industry. "We are honored by this recognition," said Mark D. Millett, Chairman, President, and Chief Executive Officer. "This is the eighth consecutive year that we have been recognized, and that is testimony to the extraordinary passion and spirit of excellence exhibited by our teams. It is their drive, innovation, and dedication to each other, our customers and communities
Wolfe Research upgraded Steel Dynamics from Underperform to Peer Perform
KeyBanc Capital Markets upgraded Steel Dynamics from Sector Weight to Overweight and set a new price target of $155.00
Jefferies upgraded Steel Dynamics from Hold to Buy and set a new price target of $145.00 from $125.00 previously