# Steel Dynamics, Inc.  Share Price Target ‘$133.78’, now -1.0% Downside Potential

- Link: https://www.directorstalkinterviews.com/steel-dynamics-inc.share-price-target-133.78-now-1.0-downside-potential/4121154392
- Published: 2024-05-01T14:48:40+01:00
- Author: Charlotte Edwards

**Steel Dynamics, Inc.** with ticker code (STLD) now have 9 analysts in total covering
the stock. The consensus rating is pointing to ‘hold’. The range between the high
target price and low target price is between $165.00 and $103.00 suggesting an average
analyst share price target price of $133.78. (at the time of writing). Now with 
the previous closing price of $135.07 this now indicates there is a potential downside
of -1.0%. There is a 50 day moving average of $137.27 and the 200 moving average
now moves to $116.90. The company has a market capitalization of 20.55B. The stock
price for the company is currently is currently $130.12 USD

 The potential market cap would be $20,355,778,374 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 8.91, revenue per share of $113.86
and a 13.11% return on assets.

Steel Dynamics, Inc. is a steel producer and metal recycler in the United States.
The Company has three segments: steel operations, metals recycling operations and
steel fabrication operations. Steel operations segment consists primarily of steelmaking
and various coating operations. The segment consists of its EAF steel mills, producing
steel from ferrous scrap and scrap substitutes, utilizing continuous casting, automated
rolling mills, and various steel coating and processing lines. Metals Recycling 
operations segment include both ferrous and nonferrous scrap metal processing, transportation,
marketing, brokerage and scrap management services, strategically located primarily
in close proximity to its steel mills and other end-user scrap consumers, across
the United States, and Central and Northern Mexico. Steel fabrication operations
segment include seven new millennium building systems plants that primarily serve
the nonresidential construction industry across the United States.

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