Steel Dynamics Earnings Estimate
| STLD Stock | USD 134.04 1.01 0.76% |
Steel |
Steel Dynamics Earnings Estimation Breakdown
The calculation of Steel Dynamics' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Steel Dynamics is estimated to be 3.21 with the future projection ranging from a low of 2.3 to a high of 4.22. Please be aware that this consensus of annual earnings estimates for Steel Dynamics is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
2.30 Lowest | Expected EPS | 4.22 Highest |
Steel Dynamics Earnings Projection Consensus
Suppose the current estimates of Steel Dynamics' value are higher than the current market price of the Steel Dynamics stock. In this case, investors may conclude that Steel Dynamics is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Steel Dynamics' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2024 | Current EPS (TTM) | |
| 13 | 93.72% | 3.67 | 3.21 | 14.61 |
Steel Dynamics Earnings per Share Projection vs Actual
Actual Earning per Share of Steel Dynamics refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Steel Dynamics predict the company's earnings will be in the future. The higher the earnings per share of Steel Dynamics, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Steel Dynamics Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Steel Dynamics, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Steel Dynamics should always be considered in relation to other companies to make a more educated investment decision.Steel Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Steel Dynamics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-09 | 2024-03-31 | 3.51 | 3.67 | 0.16 | 4 | ||
2024-01-24 | 2023-12-31 | 2.66 | 2.61 | -0.05 | 1 | ||
2023-10-18 | 2023-09-30 | 3.43 | 3.47 | 0.04 | 1 | ||
2023-07-19 | 2023-06-30 | 4.79 | 4.81 | 0.02 | 0 | ||
2023-04-19 | 2023-03-31 | 3.52 | 4.01 | 0.49 | 13 | ||
2023-01-25 | 2022-12-31 | 3.79 | 4.37 | 0.58 | 15 | ||
2022-10-19 | 2022-09-30 | 5.09 | 5.46 | 0.37 | 7 | ||
2022-07-20 | 2022-06-30 | 6.05 | 6.73 | 0.68 | 11 | ||
2022-04-20 | 2022-03-31 | 5.66 | 6.02 | 0.36 | 6 | ||
2022-01-24 | 2021-12-31 | 5.72 | 5.78 | 0.06 | 1 | ||
2021-10-18 | 2021-09-30 | 4.77 | 4.96 | 0.19 | 3 | ||
2021-07-19 | 2021-06-30 | 3.42 | 3.4 | -0.02 | 0 | ||
2021-04-19 | 2021-03-31 | 1.91 | 2.1 | 0.19 | 9 | ||
2021-01-25 | 2020-12-31 | 0.82 | 0.97 | 0.15 | 18 | ||
2020-10-19 | 2020-09-30 | 0.47 | 0.51 | 0.04 | 8 | ||
2020-07-20 | 2020-06-30 | 0.35 | 0.47 | 0.12 | 34 | ||
2020-04-20 | 2020-03-31 | 0.79 | 0.88 | 0.09 | 11 | ||
2020-01-22 | 2019-12-31 | 0.55 | 0.62 | 0.07 | 12 | ||
2019-10-16 | 2019-09-30 | 0.69 | 0.69 | 0.0 | 0 | ||
2019-07-22 | 2019-06-30 | 0.89 | 0.87 | -0.02 | 2 | ||
2019-04-22 | 2019-03-31 | 0.97 | 0.91 | -0.06 | 6 | ||
2019-01-22 | 2018-12-31 | 1.21 | 1.31 | 0.1 | 8 | ||
2018-10-17 | 2018-09-30 | 1.64 | 1.69 | 0.05 | 3 | ||
2018-07-23 | 2018-06-30 | 1.49 | 1.53 | 0.04 | 2 | ||
2018-04-18 | 2018-03-31 | 0.91 | 0.96 | 0.05 | 5 | ||
2018-01-22 | 2017-12-31 | 0.51 | 0.54 | 0.03 | 5 | ||
2017-10-18 | 2017-09-30 | 0.65 | 0.66 | 0.01 | 1 | ||
2017-07-19 | 2017-06-30 | 0.63 | 0.63 | 0.0 | 0 | ||
2017-04-19 | 2017-03-31 | 0.78 | 0.83 | 0.05 | 6 | ||
2017-01-24 | 2016-12-31 | 0.43 | 0.43 | 0.0 | 0 | ||
2016-10-19 | 2016-09-30 | 0.65 | 0.64 | -0.01 | 1 | ||
2016-07-18 | 2016-06-30 | 0.56 | 0.58 | 0.02 | 3 | ||
2016-04-20 | 2016-03-31 | 0.24 | 0.26 | 0.02 | 8 | ||
2016-01-25 | 2015-12-31 | 0.07 | 0.09 | 0.02 | 28 | ||
2015-10-19 | 2015-09-30 | 0.24 | 0.25 | 0.01 | 4 | ||
2015-07-20 | 2015-06-30 | 0.22 | 0.22 | 0.0 | 0 | ||
2015-04-20 | 2015-03-31 | 0.14 | 0.17 | 0.03 | 21 | ||
2015-01-28 | 2014-12-31 | 0.4 | 0.36 | -0.04 | 10 | ||
2014-10-20 | 2014-09-30 | 0.43 | 0.47 | 0.04 | 9 | ||
2014-07-21 | 2014-06-30 | 0.31 | 0.31 | 0.0 | 0 | ||
2014-04-16 | 2014-03-31 | 0.16 | 0.16 | 0.0 | 0 | ||
2014-01-27 | 2013-12-31 | 0.24 | 0.24 | 0.0 | 0 | ||
2013-10-16 | 2013-09-30 | 0.24 | 0.25 | 0.01 | 4 | ||
2013-07-17 | 2013-06-30 | 0.13 | 0.13 | 0.0 | 0 | ||
2013-04-17 | 2013-03-31 | 0.2 | 0.22 | 0.02 | 10 | ||
2013-01-28 | 2012-12-31 | 0.14 | 0.2 | 0.06 | 42 | ||
2012-10-17 | 2012-09-30 | 0.13 | 0.15 | 0.02 | 15 | ||
2012-07-23 | 2012-06-30 | 0.19 | 0.2 | 0.01 | 5 | ||
2012-04-18 | 2012-03-31 | 0.21 | 0.23 | 0.02 | 9 | ||
2012-01-24 | 2011-12-31 | 0.11 | 0.14 | 0.03 | 27 | ||
2011-10-17 | 2011-09-30 | 0.21 | 0.2 | -0.01 | 4 | ||
2011-07-18 | 2011-06-30 | 0.39 | 0.43 | 0.04 | 10 | ||
2011-04-18 | 2011-03-31 | 0.41 | 0.46 | 0.05 | 12 | ||
2011-01-24 | 2010-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2010-10-18 | 2010-09-30 | 0.1 | 0.09 | -0.01 | 10 | ||
2010-07-19 | 2010-06-30 | 0.24 | 0.22 | -0.02 | 8 | ||
2010-04-19 | 2010-03-31 | 0.26 | 0.29 | 0.03 | 11 | ||
2010-02-03 | 2009-12-31 | 0.17 | 0.12 | -0.05 | 29 | ||
2009-10-19 | 2009-09-30 | 0.23 | 0.3 | 0.07 | 30 | ||
2009-07-22 | 2009-06-30 | -0.11 | -0.08 | 0.03 | 27 | ||
2009-04-22 | 2009-03-31 | -0.43 | -0.48 | -0.05 | 11 | ||
2009-01-26 | 2008-12-31 | -0.33 | -0.45 | -0.12 | 36 | ||
2008-10-15 | 2008-09-30 | 1.1 | 0.98 | -0.12 | 10 | ||
2008-07-21 | 2008-06-30 | 0.93 | 1.05 | 0.12 | 12 | ||
2008-04-21 | 2008-03-31 | 0.64 | 0.72 | 0.08 | 12 | ||
2008-01-28 | 2007-12-31 | 0.49 | 0.5 | 0.01 | 2 | ||
2007-10-16 | 2007-09-30 | 0.53 | 0.53 | 0.0 | 0 | ||
2007-07-23 | 2007-06-30 | 0.52 | 0.51 | -0.01 | 1 | ||
2007-04-16 | 2007-03-31 | 0.48 | 0.51 | 0.03 | 6 | ||
2007-01-23 | 2006-12-31 | 0.51 | 0.52 | 0.01 | 1 | ||
2006-10-18 | 2006-09-30 | 0.52 | 0.54 | 0.02 | 3 | ||
2006-07-19 | 2006-06-30 | 0.39 | 0.45 | 0.06 | 15 | ||
2006-04-19 | 2006-03-31 | 0.33 | 0.38 | 0.05 | 15 | ||
2006-01-23 | 2005-12-31 | 0.3 | 0.33 | 0.03 | 10 | ||
2005-10-19 | 2005-09-30 | 0.23 | 0.24 | 0.01 | 4 | ||
2005-07-18 | 2005-06-30 | 0.28 | 0.25 | -0.03 | 10 | ||
2005-04-20 | 2005-03-31 | 0.28 | 0.28 | 0.0 | 0 | ||
2005-02-02 | 2004-12-31 | 0.4 | 0.37 | -0.03 | 7 | ||
2004-10-18 | 2004-09-30 | 0.49 | 0.5 | 0.01 | 2 | ||
2004-07-19 | 2004-06-30 | 0.28 | 0.31 | 0.03 | 10 | ||
2004-04-14 | 2004-03-31 | 0.13 | 0.14 | 0.01 | 7 | ||
2004-02-04 | 2003-12-31 | 0.05 | 0.04 | -0.01 | 20 | ||
2003-10-22 | 2003-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2003-07-21 | 2003-06-30 | 0.03 | 0.03 | 0.0 | 0 | ||
2003-04-21 | 2003-03-31 | 0.08 | 0.08 | 0.0 | 0 | ||
2003-01-27 | 2002-12-31 | 0.15 | 0.16 | 0.01 | 6 | ||
2002-10-14 | 2002-09-30 | 0.14 | 0.15 | 0.01 | 7 | ||
2002-07-10 | 2002-06-30 | 0.06 | 0.09 | 0.03 | 50 | ||
2002-04-16 | 2002-03-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2001-10-16 | 2001-09-30 | 0.01 | 0.01 | 0.0 | 0 | ||
2001-07-24 | 2001-06-30 | 0.01 | 0.01 | 0.0 | 0 | ||
2001-04-17 | 2001-03-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2001-01-30 | 2000-12-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2000-10-19 | 2000-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2000-07-18 | 2000-06-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2000-04-11 | 2000-03-31 | 0.08 | 0.08 | 0.0 | 0 | ||
2000-02-01 | 1999-12-31 | 0.07 | 0.07 | 0.0 | 0 | ||
1999-10-12 | 1999-09-30 | 0.06 | 0.06 | 0.0 | 0 | ||
1999-07-13 | 1999-06-30 | 0.05 | 0.07 | 0.02 | 40 | ||
1999-04-13 | 1999-03-31 | 0.02 | 0.02 | 0.0 | 0 | ||
1999-02-02 | 1998-12-31 | 0.04 | 0.04 | 0.0 | 0 | ||
1998-10-14 | 1998-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
1998-07-15 | 1998-06-30 | 0.04 | 0.04 | 0.0 | 0 | ||
1998-04-15 | 1998-03-31 | 0.03 | 0.04 | 0.01 | 33 | ||
1998-01-20 | 1997-12-31 | 0.05 | 0.04 | -0.01 | 20 | ||
1997-10-08 | 1997-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
1997-07-10 | 1997-06-30 | 0.06 | 0.08 | 0.02 | 33 | ||
1997-04-09 | 1997-03-31 | 0.06 | 0.08 | 0.02 | 33 | ||
1997-01-21 | 1996-12-31 | 0.03 | 0.04 | 0.01 | 33 |
About Steel Dynamics Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Steel Dynamics earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Steel Dynamics estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Steel Dynamics fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 13.5 B | 14.2 B | |
| Retained Earnings Total Equity | 8.9 B | 9.4 B | |
| Earnings Yield | 0.12 | 0.07 | |
| Price Earnings Ratio | 8.03 | 8.43 | |
| Price Earnings To Growth Ratio | (0.27) | (0.25) |
Currently Active Assets on Macroaxis
When determining whether Steel Dynamics is a strong investment it is important to analyze Steel Dynamics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steel Dynamics' future performance. For an informed investment choice regarding Steel Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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When running Steel Dynamics' price analysis, check to measure Steel Dynamics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steel Dynamics is operating at the current time. Most of Steel Dynamics' value examination focuses on studying past and present price action to predict the probability of Steel Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Dynamics' price. Additionally, you may evaluate how the addition of Steel Dynamics to your portfolios can decrease your overall portfolio volatility.
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Is Steel Dynamics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Dynamics. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 1.735 | Earnings Share 14.61 | Revenue Per Share 113.864 | Quarterly Revenue Growth (0.04) |
The market value of Steel Dynamics is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Steel Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Dynamics' market value can be influenced by many factors that don't directly affect Steel Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steel Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.