Comments
Loading...

Steel Dynamics

STLDNASDAQ
Logo brought to you by Benzinga Data
$115.12
0.630.55%
At Close: -
$115.12
00.00%
After Hours: 4:27 PM EDT
15 minutes delayed
The dividend Ex-Date is in 12 days
Consensus Rating1
Neutral
Highest Price Target1
$160.00
Lowest Price Target1
$60.00
Consensus Price Target1
$123.79

Steel Dynamics (NASDAQ:STLD) Stock, Analyst Ratings, Price Targets, Forecasts

Steel Dynamics Inc has a consensus price target of $123.79 based on the ratings of 14 analysts. The high is $160 issued by Citigroup on March 13, 2024. The low is $60 issued by Wolfe Research on January 11, 2022. The 3 most-recent analyst ratings were released by Morgan Stanley, BMO Capital, and JP Morgan on September 18, 2024, September 17, 2024, and September 9, 2024, respectively. With an average price target of $129.67 between Morgan Stanley, BMO Capital, and JP Morgan, there's an implied 12.64% upside for Steel Dynamics Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jun
1
Jul
1
Aug
3
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
BMO Capital
JP Morgan
UBS
B of A Securities

1calculated from analyst ratings

Analyst Ratings for Steel Dynamics

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Steel Dynamics (STLD) stock?

A

The latest price target for Steel Dynamics (NASDAQ:STLD) was reported by Morgan Stanley on September 18, 2024. The analyst firm set a price target for $131.00 expecting STLD to rise to within 12 months (a possible 13.79% upside). 19 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Steel Dynamics (STLD)?

A

The latest analyst rating for Steel Dynamics (NASDAQ:STLD) was provided by Morgan Stanley, and Steel Dynamics maintained their equal-weight rating.

Q

When was the last upgrade for Steel Dynamics (STLD)?

A

The last upgrade for Steel Dynamics Inc happened on September 9, 2024 when JP Morgan raised their price target to $131. JP Morgan previously had an underweight for Steel Dynamics Inc.

Q

When was the last downgrade for Steel Dynamics (STLD)?

A

The last downgrade for Steel Dynamics Inc happened on July 5, 2023 when Exane BNP Paribas changed their price target from N/A to $102 for Steel Dynamics Inc.

Q

When is the next analyst rating going to be posted or updated for Steel Dynamics (STLD)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Steel Dynamics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Steel Dynamics was filed on September 18, 2024 so you should expect the next rating to be made available sometime around September 18, 2025.

Q

Is the Analyst Rating Steel Dynamics (STLD) correct?

A

While ratings are subjective and will change, the latest Steel Dynamics (STLD) rating was a maintained with a price target of $138.00 to $131.00. The current price Steel Dynamics (STLD) is trading at is $115.12, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch