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Steel Dynamics (CH:SD5)
NASDAQ:SD5

Steel Dynamics (SD5) Price & Analysis

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SD5 Stock Chart & Stats

Currently, no data available
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Bulls Say, Bears Say

Bulls Say
High Mill UtilizationSustained ~89% mill utilization versus a ~77% industry norm provides a structural cost and throughput advantage. Higher utilization spreads fixed costs, supports stable margins and incremental cash generation, and positions the company to capture demand over the next several quarters.
Robust Cash Generation & LiquidityConsistent operating cash flow, a $2.0B liquidity buffer, ongoing buybacks and dividend increases reflect durable cash-generation capacity and financial flexibility. This supports capex, growth projects, and shareholder returns while preserving investment-grade metrics.
Large Growth Projects And Aluminum DiversificationMeaningful capital deployment into growth initiatives and an aluminum platform targeting substantial through‑cycle EBITDA diversifies revenue and adds high‑potential earnings streams. If ramps meet targets, this materially increases durable earnings power beyond core steel.
Bears Say
Aluminum Startup Loss And Write-downThe aluminum platform's initial operating loss and inventory write-down signal execution risk and create persistent near-term earnings and cash drag. Start-up remediation and certification lags can lengthen the timeline to durable profitability and increase working capital needs.
Weaker Cash ConversionSub‑par conversion of reported earnings into cash constrains financial flexibility. Lower cash conversion raises sensitivity to working capital swings and reduces the pace at which earnings translate into sustainable buybacks, dividends or reinvestment.
Elevated Working Capital & Inventory PressureMaterial working capital build tied to the aluminum investment and higher selling prices increases capital intensity and temporarily reduces shareholder returns. Sustained elevated inventories/receivables can pressure free cash flow and delay intended capital allocation plans.

Steel Dynamics News

SD5 FAQ

What was Steel Dynamics’s price range in the past 12 months?
Currently, no data Available
What is Steel Dynamics’s market cap?
Steel Dynamics’s market cap is CHF28.52B.
    When is Steel Dynamics’s upcoming earnings report date?
    Steel Dynamics’s upcoming earnings report date is Jul 22, 2026 which is in 27 days.
      How were Steel Dynamics’s earnings last quarter?
      Steel Dynamics released its earnings results on Apr 20, 2026. The company reported $2.252 earnings per share for the quarter, missing the consensus estimate of $2.256 by -$0.004.
        Is Steel Dynamics overvalued?
        According to Wall Street analysts Steel Dynamics’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Steel Dynamics pay dividends?
          Steel Dynamics does not currently pay dividends.
          What is Steel Dynamics’s EPS estimate?
          Steel Dynamics’s EPS estimate is 3.09.
            How many shares outstanding does Steel Dynamics have?
            Currently, no data Available
            What happened to Steel Dynamics’s price movement after its last earnings report?
            Steel Dynamics reported an EPS of $2.252 in its last earnings report, missing expectations of $2.256. Following the earnings report the stock price went same N/A.
              Which hedge fund is a major shareholder of Steel Dynamics?
              Currently, no hedge funds are holding shares in CH:SD5
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Company Description

                Steel Dynamics

                Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The Steel Operations segment is responsible for producing a broad range of steel products, including hot, cold, and coated rolled steel, various structural shapes like beams, channels, and angles, flat and reinforcing bars, and a diverse selection of rail and engineered steel bar products. This segment also provides specialized processing services for both bar products (such as turning, polishing, and heat treating) and specialty items (including cutting, welding, and galvanizing). Its offerings cater to numerous industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, and pipe and tube production. Sales are channeled directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations division focuses on acquiring, processing, and reselling ferrous (e.g., heavy melting steel, shredded scrap, cast iron) and nonferrous (e.g., aluminum, copper, stainless steel) scrap metals, transforming them into reusable materials. This division further offers supplementary services including transportation logistics, marketing, brokerage, and scrap management. The Steel Fabrication Operations segment manufactures crucial components for commercial building construction, such as steel joists, girders, trusses, and steel deck products. Established in 1993 and headquartered in Fort Wayne, Indiana, the company also engages in exporting its products internationally.

                Steel Dynamics (SD5) Earnings & Revenues

                SD5 Company Deck

                SD5 Earnings Call

                Q1 2026
                0:00 / 0:00
                Earnings Call Sentiment|Positive
                The call conveyed strong overall operational and financial performance driven by record steel shipments, robust pricing, high mill utilization, and excellent recycling and fabrication results. The primary challenge is the aluminum startup, which produced a Q1 operating loss, a temporary production pause and inventory write-down, and increased working capital needs. Management reports that aluminum quality/process issues have been resolved, ramping continues with improving certifications and volume guidance, and the broader business remains highly cash generative with active capital allocation (dividends, buybacks, growth investments). Given the breadth and scale of positive results across steel, recycling, fabrication, and cash generation, and management’s confidence in resolving aluminum startup issues and achieving targeted aluminum through-cycle earnings, the positives materially outweigh the lowlights.View all CH:SD5 earnings summaries

                SD5 Net sales Breakdown

                73.79%73.79%23.91%7.80%2.61%7.35%-15.46%
                73.79% Steel Operations
                23.91% Metals Recycling Operations
                7.80% Steel Fabrication Operations
                2.61% Aluminium Operations
                7.35% Other
                -15.46% Eliminations
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                SD5 Stock 12 Month Forecast

                Average Price Target

                $216.52
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