Steel Dynamics Inc. (STLD) Social Stream



Steel Dynamics Inc. (STLD): $140.63

3.60 (-2.50%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

B

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Industry: Steel

Industry

A

Ranked

#21 of 31

in industry

STEEL DYNAMICS INC (STLD) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering STLD.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-10-20 5 $104 $66.5 $85.875 $116.46 -26.26%
2021-11-17 5 $104 $66.5 $83.7 $116.46 -28.13%
2022-01-04 5 $98 $66.5 $80.1 $116.46 -31.22%
2022-01-20 5 $98 $60 $77.1 $116.46 -33.8%
2022-01-31 5 $98 $60 $75.1 $116.46 -35.51%
2022-03-22 5 $98 $60 $76.9 $116.46 -33.97%
2022-04-15 5 $117 $60 $81.3 $116.46 -30.19%
2022-04-20 5 $117 $60 $88.3 $116.46 -24.18%
2022-04-22 5 $129 $60 $92.916 $116.46 -20.22%
2022-05-11 6 $129 $60 $97.5 $116.46 -16.28%
2022-06-14 5 $110 $60 $93.6 $116.46 -19.63%
2022-09-27 4 $104 $60 $85.5 $116.46 -26.58%
2022-10-06 4 $104 $60 $86 $116.46 -26.15%
2022-10-21 5 $104 $60 $87.4 $116.46 -24.95%
2022-11-14 6 $100 $60 $88.8 $116.46 -23.75%
2022-12-16 6 $100 $60 $90.666 $116.46 -22.15%
2023-01-09 7 $121 $60 $95 $116.46 -18.43%
2023-01-26 7 $121 $85 $100.833 $116.46 -13.42%
2023-01-30 7 $121 $85 $104.166 $116.46 -10.56%
2023-03-15 7 $140 $93 $111.833 $116.46 -3.97%
2023-03-24 8 $140 $96 $112.333 $116.46 -3.54%
2023-04-05 8 $123 $96 $109.5 $116.46 -5.98%
2023-05-15 8 $123 $96 $112.833 $116.46 -3.11%
2023-05-22 9 $123 $97 $113 $116.46 -2.97%
2023-06-21 9 $123 $82 $108.571 $116.46 -6.77%
2023-06-22 9 $123 $82 $107.857 $116.46 -7.39%
2023-07-05 10 $123 $82 $107.125 $116.46 -8.02%
2023-07-06 10 $120 $82 $106.5 $116.46 -8.55%
2023-07-14 10 $120 $93 $107.875 $116.46 -7.37%
2023-08-10 10 $120 $94 $108.25 $116.46 -7.05%
2023-09-19 10 $120 $95 $107.375 $116.46 -7.8%
2023-10-20 10 $130 $95 $109.888 $116.46 -5.64%
2023-10-31 10 $130 $95 $110.888 $116.46 -4.78%
2023-11-20 10 $130 $95 $111.666 $116.46 -4.12%
2023-12-13 9 $130 $95 $113.125 $116.46 -2.86%
2023-12-15 9 $130 $98 $113.5 $116.46 -2.54%

The Trend in the Analyst Price Target


Over the past 43 months, STLD's average price target has gone up $86.42.

Over the past 49 weeks, STLD's average upside potential has been 3.46%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-01-09 7 121 85 100.833 101.38 -0.54%
2023-03-15 8 140 93 111.833 101.75 9.91%
2023-08-10 10 120 94 108.250 102.09 6.03%
2023-09-18 10 120 95 108.375 98.11 10.46%
2023-10-11 10 130 95 109.888 110.49 -0.54%

STLD Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.78 2 0 6 1 1 9

The Trend in the Broker Recommendations


Over the past 30 months, STLD's average broker recommendation rating worsened by 0.78.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for STLD as an investment opportunity.

  • In terms of how STEEL DYNAMICS INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is higher than 523.29% of that group.
  • In the context of stocks in the large market cap category, STEEL DYNAMICS INC's number of analysts covering the stock is greater than 547.61% of them.
  • STLD has a higher average analyst price target than 3794.19% of Steel Works Etc stocks.
  • To contextualize these metrics, consider that out of Steel Works Etc stocks, STEEL DYNAMICS INC's variance in analysts' estimates is lower than -2736.22% of them.

In the Steel Works Etc industry, NUE, GGB, and HWM are the three stocks most similar to STEEL DYNAMICS INC regarding the price target and analyst recommendation information presented here.

Is STLD a Buy, Hold or Sell? See the POWR Ratings now!


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