Steel Dynamics, Inc. (STLD) has announced that its board of directors approved a first-quarter cash dividend of 46 cents per common share, representing an 8% increase over the company's 2023 quarterly rate. The dividend is payable to shareholders of record at the close of business as of Mar 31, 2024, on or around Apr 14, 2024.The company has continuously increased its cash dividend in line with its structural growth strategies, resulting in a robust cash dividend growth profile. STLD believes that this deci ...

FORT WAYNE, Ind., Feb. 26, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.46 per common share, or 8% increase over the company's 2023 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2024 and is payable on or about April 14, 2024. "We are pleased that our board of directors took this action, based on our confidence in the current and anticipat ...

The most recent trading session ended with Steel Dynamics (STLD) standing at $127.01, reflecting a +1.79% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily gain of 0.04%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.28%.Heading into today, shares of the steel producer and metals recycler had gained 7.66% over the past month, outpacing the Basic Materials sector's gain of 1.21% and the S&P 500's gain of 5.01% i ...

It has been about a month since the last earnings report for Steel Dynamics (STLD) . Shares have added about 4.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Steel Dynamics due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Steel Dynamics' Q4 Earnings Lag Estimat ...

Steel Dynamics, Inc. (NASDAQ:STLD) Q4 2023 Results Conference Call January 24, 2024 11:00 AM ET Company Participants David Lipschitz - Director of Investor Relations Mark Millett - President & Chief Executive Officer Theresa Wagler - Executive Vice President & Chief Financial Officer Barry Schneider - President & Chief Operating Officer Conference Call Participants Martin Englert - Seaport Research Tristan Gresser - BNP Paribas Carlos De Alba - Morgan Stanley Timna Tanners - Wolfe Research Curt Woodworth - ...

FORT WAYNE, Ind., Jan. 4, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release Fourth Quarter and Full Year 2023 financial results after market close on Tuesday, January 23, 2024. The teleconference is scheduled to begin at 11:00 a.m. Eastern Standard Time on Wednesday January 24, 2024 and will be hosted by Mark D. Millett, Chairman and Chief Executive Officer, Theresa E. Wagler, ...

Steel Dynamics, Inc. (STLD) logged fourth-quarter 2023 earnings of $2.61 per share, down from $3.61 in the year-ago quarter. It lagged the Zacks Consensus Estimate of $2.63.Net sales in the fourth quarter were down around 12.3% year over year to $4,233.4 million. It, however, surpassed the Zacks Consensus Estimate of $4,112.4 million.Segment HighlightsNet sales for steel operations were $2,915.3 million in the reported quarter, down around 0.8% year over year. STLD registered steel shipments of roughly 3.06 ...

Steel Dynamics (STLD) reported $4.23 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 12.3%. EPS of $2.61 for the same period compares to $4.37 a year ago.The reported revenue represents a surprise of +2.94% over the Zacks Consensus Estimate of $4.11 billion. With the consensus EPS estimate being $2.63, the EPS surprise was -0.76%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

Investors are always looking for stocks that are poised to beat at earnings season and Steel Dynamics, Inc. (STLD) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Steel Dynamics is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a prett ...

FORT WAYNE, Ind., Jan. 4, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release Fourth Quarter and Full Year 2023 financial results after market close on Tuesday, January 23, 2024. The teleconference is scheduled to begin at 11:00 a.m. Eastern Standard Time on Wednesday January 24, 2024 and will be hosted by Mark D. Millett, Chairman and Chief Executive Officer, Theresa E. Wagler, ...