03/17/2017 - Steel Dynamics, Inc. had its " rating reiterated by analysts at Macquarie. STLD has P/E (Price to Earnings ttm) value of 21.02, Forward P/E of 12.05, P/C (Price to cash per share) of 9.26 and Price to Free Cash Flow (P/FCF) value of 15.05. Renaissance Technologies LLC now owns 2,306,200 shares of the basic materials company's stock worth $82,055,000 after buying an additional 913,900 shares during the period. In most recent quarter, LT Debt/Equity ratio was listed at 0.80 and Total Debt/Equity ratio was noted at 0.81. Insiders own 4.10% of the company's stock. Virginia Retirement Systems ET AL boosted its position in Steel Dynamics by 7.9% in the third quarter. About shares traded. Fly Leasing Ltd (ADR) (NYSE:FLY) has risen 5.93% since September 8, 2016 and is uptrending.
The share price of the company (NASDAQ:STLD) was down -2.75% during the last trading session, with a high of 33.96 and the volume of Steel Dynamics, Inc. shares traded was 3145650. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 99,624 shares of the company's stock valued at $100,000 after buying an additional 96,824 shares during the last quarter. Finally, Peregrine Capital Management LLC raised its stake in Steel Dynamics by 7.3% in the first quarter.
Relative strength index (RSI-14) for Steel Dynamics, Inc.
Steel Dynamics (NASDAQ:STLD) traded up 0.09% during midday trading on Wednesday, reaching $32.70.
Beta is also an important valuation ratio for analyzing the stock of the company, STLD has Beta of 1.47 while its industry and Sector's beta remains at 1.12 and 0.93 respectively. The share price has moved backward from its 20 days moving average -5.15% and negatively from its 50 days moving average -6.49%. Investors who are keeping close eye on the stock of Steel Dynamics, Inc. The company reported $0.43 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.43. Steel Dynamics had a return on equity of 17.30% and a net margin of 4.91%. During the same quarter in the prior year, the business posted $0.09 earnings per share. Steel Dynamics's quarterly revenue was up 20.1% on a year-over-year basis. On average, analysts expect Steel Dynamics to post $2.75 EPS for the current fiscal year and $2.73 EPS for the next fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, April 10th. Shareholders of record on Friday, March 31st were issued a $0.155 dividend.
Since January 1, 0001, it had 0 buys, and 2 sales for $5.05 million activity. Legacy Private Trust Com has invested 0.06% in Steel Dynamics, Inc. The firm has "Buy" rating by Nomura given on Wednesday, March 9. The Company does not presently plan to extend the exchange offer.
01/12/2017 - Steel Dynamics, Inc. was downgraded to " by analysts at Credit Suisse. If you are reading this news story on another site, it was copied illegally and republished in violation of United States & worldwide copyright and trademark law.
STLD has been the topic of several other reports.
Shares of Steel Dynamics (NASDAQ:STLD) opened at 32.91 on Tuesday. The stock's current RSI reading is at 36.80. Deutsche Bank AG raised their price objective on shares of Steel Dynamics from $42.00 to $45.00 and gave the company a "buy" rating in a research report on Tuesday, March 21st. Finally, Barclays PLC set a $40.00 target price on Steel Dynamics and gave the company a "buy" rating in a report on Sunday, January 29th. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. On Thursday, March 16 TEETS RICHARD P JR sold $5.00M worth of Steel Dynamics, Inc. The number of shares now owned by investors are 811.09 mln. Citigroup initiated Steel Dynamics, Inc. The first quarter 2017 average product selling price for the company's steel operations increased $63 to $743 per ton, while the average ferrous scrap cost per ton melted increased $44 to $264 per ton.
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