Steel Dynamics (STLD)
NASDAQMaterialsSteelSnapshot 2026-09-14
$234.53-2.19%
Close 2026-09-14 · 1-day change
NASDAQMaterialsSteelSnapshot 2026-09-14
Research Workspace
Put STLD beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Materials: fringe margins under pressure (0q confirmed)
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — EPS guidance near $3.53 per share for next quarter: EPS guidance $3.53 vs target $3.51-$3.55.
View ThesisRevenue growth is accelerating — up about 20% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, earnings delivery, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 2% a day.
View RiskSteel Dynamics must maintain strong domestic steel demand to justify its current price. Recent earnings showed an EPS of 3.69, beating expectations. It trades at 22× P/E versus a peer median of 18×, indicating it looks expensive on this basis. The primary risk is the potential reduction in tariffs on Canadian steel, which could increase import competition. Peer multiples imply a price about 11% below where it trades. The thesis is on watch due to EPS guidance near $3.53, slightly below the target range.
Trailing returns as of 2026-09-14. STLD is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 14 analysts currently covering STLD (as of Sep 2026).
Based on 6 Wall Street analysts offering 12-month price targets for STLD in the last 4 months.
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Compare STLD with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| STLD Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-14. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Steel — fair value, gap to price, and forward P/E.
Compare the value case
Put STLD next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Strengthen domestic steel demand and market position
Tariffs may weaken domestic steel demand and market position.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-14. EPS is implied from price ÷ P/E. Not investment advice.
Current $234.53
The last 12 months of price, then the range of analyst 12-month targets from today’s $234.53.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Strengthen domestic steel demand and market position
Proposed tariffs strengthen domestic steel demand and market position.
Threatens: Strengthen domestic steel demand and market position
Tariff reduction could weaken domestic steel demand.
Advances: Strengthen domestic steel demand and market position
Widening spreads enhance domestic steel demand and market position.
Advances: Expand aluminum flat rolled products operations
Goldman Sachs supports aluminum growth objective.
Threatens: Expand aluminum flat rolled products operations
Aluminum losses impact growth in flat rolled operations.
Advances: Expand aluminum flat rolled products operations
Targets 90% aluminum capacity aligns with growth objective.
Advances: Strengthen domestic steel demand and market position
Tariff-driven demand supports domestic steel market position.
