STEEL DYNAMICS INC
Steel Dynamics manufactures steel and aluminum products, processes and sells recycled metals, and fabricates steel joist and deck products. Its operations serve end users, steel processors, fabricators, service centers and manufacturers across markets including construction, automotive, manufacturing, transportation, energy and agriculture. The company is headquartered in Fort Wayne, Indiana, and has facilities throughout the United States and Mexico. Its steel operations produce flat-rolled and long steel products using electric arc furnaces, and include coating, processing and distribution businesses. Steel products include hot-rolled, cold-rolled and coated steel, structural shapes, rail, bars and specialty products. Steel Dynamics also processes and sells ferrous and nonferrous scrap, operates aluminum facilities producing flat-rolled products, and fabricates steel joist and deck products. It makes money primarily by manufacturing and selling steel products, processing and selling recycled metals, and fabricating and selling steel joist and deck products.
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Steel Dynamics (STLD) announced a $3.0 billion share repurchase authorization, adding to a previous $1.5 billion program. The company has repurchased $8.2 billion of stock since 2017. The board also declared a $0.53 quarterly dividend per share. Management expressed confidence in the company's growth strategy and shareholder returns.
SCHNEIDER BARRY (Executive Vice President & CTO) sold 50,000 shares of STEEL DYNAMICS INC (STLD) at an average of $248.91 ($246.99–$251.10, $12.45M total) across 5 trades on 2026-11-03.
Steel Dynamics reported 3Q 2026 revenue of $6.51B, up 34.8% YoY, and net income of $756M, up 87.3% YoY. Diluted EPS was $5.26, up 92% YoY. Record steel shipments and higher pricing boosted sales, while fabrication backlog grew 50% YoY. Ferrous shipments and recycling income also increased.
Over the past 7 days, AlphAI's AI scored 6 news stories mentioning STLD (STEEL DYNAMICS INC). Coverage has skewed bullish: 5 bullish, 1 neutral, and 0 bearish.
Recent STLD coverage spans earnings, financial news and corporate actions.
In the last 30 days, STLD insiders filed 5 SEC Form 4 transactions — no purchases and 5 sales ($12.4M). The most active reporter was SCHNEIDER BARRY, Executive Vice President & CTO, with 5 filings.
The new buyback tranche expands total authorized repurchases to $4.5 billion, signaling strong cash flow and likely supporting the stock.
The insider sale may signal reduced confidence from a senior executive, potentially prompting short-term selling pressure.
Earnings beat with robust revenue and margin expansion.
Price gain reflects sector momentum rather than company‑specific news.
Analyst target increase suggests potential upside for the stock.
AlphAI scores every news story that mentions STLD with an AI model for sentiment and relevance, and aggregates insider trades from STEEL DYNAMICS INC's SEC EDGAR Form 4 filings. Figures refresh continuously.
Steel Dynamics (STLD) announced a $3.0 billion share repurchase authorization, adding to a previous $1.5 billion program. The company has repurchased $8.2 billion of stock since 2017. The board also declared a $0.53 quarterly dividend per share. Management expressed confidence in the company's growth strategy and shareholder returns.
SCHNEIDER BARRY (Executive Vice President & CTO) sold 50,000 shares of STEEL DYNAMICS INC (STLD) at an average of $248.91 ($246.99–$251.10, $12.45M total) across 5 trades on 2026-11-03.
Steel Dynamics reported 3Q 2026 revenue of $6.51B, up 34.8% YoY, and net income of $756M, up 87.3% YoY. Diluted EPS was $5.26, up 92% YoY. Record steel shipments and higher pricing boosted sales, while fabrication backlog grew 50% YoY. Ferrous shipments and recycling income also increased.
Cleveland-Cliffs (CLF) stock surged 7% to $14.02 after beating EPS expectations for the fourth straight quarter, with adjusted EPS of $0.28. Steel Dynamics (STLD) and Nucor (NUE) also rose, up 3% and 2% respectively. The VanEck Steel ETF (SLX) fell 0.6% despite U.S. steel gains, reflecting broader market softness.
KeyBanc raised its price target for Steel Dynamics (STLD) to $265 from $262, citing improved 2027 estimates due to better steel spreads and fabrication earnings. The stock trades at a P/E of 17.68 and PEG of 0.23. STLD reported Q3 2026 revenue of $6.51B, beating estimates, but EPS missed at $5.26. Goldman Sachs maintained a Buy rating with a $299 target.
Steel Dynamics (STLD) reported progress on its aluminum mill, which operated at 75% capacity in October 2026. The mill faced production issues, including a surface quality problem, but yields improved after a coolant change. Management expects full capacity by year-end, with potential EBITDA of $650M-$700M. The aluminum business lost $26M in Q3 2026, though losses narrowed from Q2. Steel Dynamics aims to diversify income and stabilize earnings.
Wells Fargo maintained an 'Overweight' rating for Steel Dynamics (STLD) and raised its price target to $271 from $257. The stock is currently trading at $244.32, which is 30.9% overvalued according to its GF Value™ of $186.61. STLD has a strong GF Score™ of 92/100, with high ratings in profitability and growth but a lower valuation rank of 5/10.
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Steel Dynamics (STLD) reported Q3 2026 net sales of $6.51B, net income of $756M (EPS $5.26), and adjusted EBITDA of $1.19B. Operating income was $1.006B, with $846M cash flow from operations. Steel shipments hit a record 3.78M tons, driven by higher selling prices and lower scrap costs. Aluminum operations ramped up, while metals recycling faced lower scrap pricing.
STEEL DYNAMICS INC (STLD) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Press Release October 19, 2026 7575 W. Jefferson Blvd. Fort Wayne, IN 46804 Steel Dynamics Reports Third Quarter 2026 Results FORT WAYNE, INDIANA, October 19, 2026 / PRNewswire / Third Quarter 2026 Performance Highlights: § Record steel shipments of 3.8 million tons
