Steel Dynamics, Inc. (STLD) fair value analysis
S&P 500 & Nasdaq · Updated 2026-10-19
STLD price how computed
Forward Fair Value verdict
Fairly valuedSTLD is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $238.38
- Sector
- Basic Materials
- 12-month range
- $151.62–$282.76
- Market cap
- $34.2B
- From 52-week high
- -15.7%
- Shares outstanding
- 143M
- Rank in Basic Materials by discount to fair value
- #17 of 26
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Steel Dynamics, Inc. is a steel producer and recycler that manufactures flat-rolled steel products, structural steel shapes, and other steel products for various industries. The company operates manufacturing facilities and recycling operations primarily in the United States.
STLD currently ranks #17 of 26 Basic Materials stocks by discount to fair value. Its Fairly valued verdict is new as of this week's run.
Fundamentals (4 quarters) how computed
- Market cap
- $34.2B
- P/E (trailing)
- 21x
- Revenue (TTM)
- $20.5B
- Net margin
- 7.8%
- EPS (TTM)
- $11.14
- Gross margin
- 15.7%
- Debt / equity
- 0.44
- Revenue growth (3-yr avg)
- 10.9%
- Shares outstanding
- 143M
Derived indicators how computed
- Quality grade
- C
- Margin trend
- Expanding
- 52-week position
- The upper-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 48 · neutral
- 50-day average
- $239.39
- 200-day average
- $220.13
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $2.09 per share (4 payments)
- Yield on last price
- 0.88%
- Consecutive years of increases
- 13
- Last ex-dividend date
- 2026-09-30
- Last payment date
- 2026-10-09
Earnings how computed
- Last 8 quarters vs consensus
- 6 beat, 2 missed
- Quarter by quarter
- 2026-06 ▲ beat (+3.5%)
2026-03 ▼ miss (-0.4%)
2025-12 ▲ beat (+7.7%)
2025-09 ▲ beat (+4.2%)
2025-06 ▼ miss (-3.4%)
2025-03 ▲ beat (+4.3%)
2024-12 ▲ beat (+5.4%)
2024-09 ▲ beat (+3.5%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 9 buy · 4 hold · 1 sell (14 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $271
- Target vs last price
- +13.7%
What our data shows for STLD
- Our model validated 14 trailing price-to-earnings windows for STLD, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $151.62–$282.76.
- The 14-day relative strength index sits at a neutral 48.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for STLD
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent STLD news
TickrTrends' derived news-sentiment signal for STLD is currently leaning positive, computed from recent coverage.
- STLD Maintained by Wells Fargo -- Price Target Raised to $271 (gurufocus.com, 2026-10-21)
TickrTrends take: Wells Fargo's maintained rating with an elevated price target suggests analyst confidence in STLD's fundamental trajectory within the Basic Materials sector. Given TickrTrends' assessment that STLD is fairly valued, the raised target indicates potential upside if the company executes on its operational strategy, though current valuations may already reflect much of this positive sentiment. Investors focused on valuation should monitor whether STLD's actual business performance can justify price movements beyond its fairly valued baseline. - Steel Dynamics, Inc. 2026 Q3 - Results - Earnings Call Presentation (NASDAQ:STLD) 2026-10-21 (seekingalpha.com, 2026-10-21)
TickrTrends take: Steel Dynamics released its third quarter 2026 results, providing updated financial performance data for investors evaluating the company against its current valuation metrics. Given that TickrTrends currently assesses STLD as fairly valued, investors should monitor whether the quarterly earnings demonstrate sustainable operational trends that justify this valuation in the Basic Materials sector. The earnings call presentation offers an opportunity to assess management guidance and capital allocation decisions that could indicate whether fair value pricing remains appropriate going forward. - Steel Dynamics Inc (STLD) Q3 2026 Earnings Call Highlights: Record Steel Shipments and Strong Margins Offset Aluminum Ramp Challenges (gurufocus.com, 2026-10-20)
TickrTrends take: Steel Dynamics achieved record steel shipments and strong margins in Q3 2026, which supports operational strength in its core business within the Basic Materials sector. TickrTrends currently assesses STLD as fairly valued, suggesting the market has already priced in these positive steel results. Investors focused on valuation should monitor whether the company can sustain these steel margins while resolving the aluminum ramp challenges, as the resolution of these production issues could determine whether current pricing remains appropriate.
More STLD news
- Steel Dynamics Inc (STLD) CEO Optimistic on Domestic Steel and Aluminum Growth into 2027 (gurufocus.com, 2026-10-20)
- Steel Dynamics (STLD) Reports Q3 Revenue Slightly Below Estimates Amid Rising Steel Prices (gurufocus.com, 2026-10-20)
- Steel Dynamics (STLD) Reports Q3 Results, Shares Drop Amid Valuation Concerns (gurufocus.com, 2026-10-19)
- U.S. Steel Prices Surge to Four-Year Highs Boosting Outlook for Steel Dynamics (STLD) (gurufocus.com, 2026-10-16)
- Steel Dynamics Inc (STLD): GF Score of 92 Signals Strong Outperformance Potential (gurufocus.com, 2026-10-06)
- Is Steel Dynamics Inc (STLD) Overvalued After 3.9% Rally? GF Value Says Overvalued (gurufocus.com, 2026-10-05)
- Steel Dynamics (STLD) Shares Rise 2.75% Amid Treasury Yield Stabilization and Economic Data Anticipation (gurufocus.com, 2026-09-30)
What people are saying
Follow the STLD conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — # STLD Weekly Summary STLD's valuation status improved this week, moving from Overvalued to Fairly valued according to TickrTrends' derived indicators. This shift reflects changes in the company's fundamental metrics relative to its stock price within the Basic Materials sector. The stock now trades at levels that appear more aligned with its underlying business metrics.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is STLD stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), STLD is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is STLD's TickrTrends verdict?
STLD's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does STLD compare to other Basic Materials stocks?
STLD ranks #17 of 26 Basic Materials stocks in TickrTrends' coverage by discount to fair value.
Is STLD overbought or oversold?
STLD's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does STLD pay a dividend?
Yes. STLD paid $2.09 per share over the last twelve months (4 payments), a 0.88% yield on TickrTrends' last price, and has raised the annual total for 13 consecutive years. The last ex-dividend date was 2026-09-30.
Does STLD usually beat earnings estimates?
Over its last 8 reported quarters STLD beat the consensus estimate 6 times and missed 2 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about STLD?
Of 14 analysts covering STLD, 9 rate it a buy, 4 a hold and 1 a sell - buy-leaning, with a consensus price target of $271 (+13.7% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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