Steel Dynamics (NASDAQ:STLD – Get Free Report) is one of 1,984 publicly-traded companies in the “Metals & Mining” industry, but how does it contrast to its rivals? We will compare Steel Dynamics to similar businesses based on the strength of its profitability, risk, valuation, analyst recommendations, dividends, institutional ownership and earnings.
Analyst Ratings
This is a breakdown of current ratings and recommmendations for Steel Dynamics and its rivals, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Steel Dynamics | 0 | 4 | 9 | 0 | 2.69 |
| Steel Dynamics Competitors | 6404 | 22596 | 32294 | 1796 | 2.47 |
Steel Dynamics presently has a consensus price target of $275.17, indicating a potential upside of 24.00%. As a group, “Metals & Mining” companies have a potential upside of 28.36%. Given Steel Dynamics’ rivals higher probable upside, analysts plainly believe Steel Dynamics has less favorable growth aspects than its rivals.
Earnings & Valuation
This table compares Steel Dynamics and its rivals gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Steel Dynamics | $18.18 billion | $1.19 billion | 16.38 |
| Steel Dynamics Competitors | $4.79 billion | $279.47 million | -45.00 |
Steel Dynamics has higher revenue and earnings than its rivals. Steel Dynamics is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
82.4% of Steel Dynamics shares are owned by institutional investors. Comparatively, 16.1% of shares of all “Metals & Mining” companies are owned by institutional investors. 6.6% of Steel Dynamics shares are owned by company insiders. Comparatively, 17.6% of shares of all “Metals & Mining” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Dividends
Steel Dynamics pays an annual dividend of $2.12 per share and has a dividend yield of 1.0%. Steel Dynamics pays out 15.6% of its earnings in the form of a dividend. As a group, “Metals & Mining” companies pay a dividend yield of 10.3% and pay out 10.8% of their earnings in the form of a dividend. Steel Dynamics has raised its dividend for 13 consecutive years. Steel Dynamics lags its rivals as a dividend stock, given its lower dividend yield and higher payout ratio.
Profitability
This table compares Steel Dynamics and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Steel Dynamics | 8.82% | 21.57% | 11.61% |
| Steel Dynamics Competitors | -1,168,050,136,845,918,000.00% | -53.16% | -2.09% |
Volatility and Risk
Steel Dynamics has a beta of 1.45, meaning that its stock price is 45% more volatile than the S&P 500. Comparatively, Steel Dynamics’ rivals have a beta of 0.97, meaning that their average stock price is 3% less volatile than the S&P 500.
Summary
Steel Dynamics beats its rivals on 10 of the 15 factors compared.
Steel Dynamics Company Profile
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing steel bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products. This segment also engages in turning, polishing, straightening, chamfering, precision saw-cutting, and heat treating of bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage, and scrap management services. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. The Steel Fabrication Operations segment produces steel non-residential building components, such as steel joists, girders, trusses, and steel deck products for non-residential steel fabricators, metal building companies, general construction contractors, developers, owners, brokers, and governmental entities, as well as e-commerce warehouses, data centers, metal buildings, and education and commercial building projects. The Aluminum Operations segment offers recycled aluminum flat rolled products. The company also exports its products. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.
Receive News & Ratings for Steel Dynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steel Dynamics and related companies with MarketBeat.com's FREE daily email newsletter.
