How to Buy Steel Dynamics Stock
Steel Dynamics Inc
Steel Dynamics, Inc. , together with its subsidiaries, operates as a steel producer and metal recycler in the United States.
Steel Dynamics stock last closed at $152.95, up 1.48% from the previous day, and has increased 17.35% in one year. It has overperformed other stocks in the Steel industry by 0.16 percentage points. Steel Dynamics stock is currently +48.25% from its 52-week low of $103.17, and -2.11% from its 52-week high of $156.24.
There are currently 146.03M shares of STLD outstanding. The market capitalization of STLD is $22.34B. In the last 24 hours, 1.52M STLD shares were traded.
How to Buy Steel Dynamics Stock
Not sure how to invest in Steel Dynamics stock? Here's how.
- Decide where to buy Steel Dynamics stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Steel Dynamics stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your method of payment and add your info.
- Evaluate Steel Dynamics stock: The Steel Dynamics ticker symbol is STLD. Is Steel Dynamics stock a good investment? Should you buy shares of STLD? How do STLD's underlying business fundamentals look? Do top analysts think Steel Dynamics is a good buy? Why has STLD's stock price moved recently? (Hint: Our stock research website can help you figure out if STLD is a good stock to buy).
- Make your STLD trade: Decide if you will purchase STLD shares at the current market price or use a limit order to buy STLD stock at a particular price.
- Keep tabs on your investment in STLD: Create a watchlist to important notifications about your position in Steel Dynamics stock.
Step 1: Decide where to buy Steel Dynamics stock
You need a brokerage account to access the NASDAQ market and buy STLD stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Utilities, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, you need to fill out some personal info so you are able to invest in STLD stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on the best stock trading app, you can securely and quickly fund your account:
Check out this video walkthrough if you need help transferring funds into your brokerage account.
Step 4: Evaluate Steel Dynamics stock
After you have identified the best place to buy Steel Dynamics stock, it's crucial to research their stock before you invest, so you actually understand the risk and opportunity.
Steel Dynamics Numbers
STLD Fundamentals
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on STLD's stock page.
How is STLD stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge STLD's fair value.
Using relative valuations measures:
- STLD may be undervalued based on its P/E ratio of 20.13x, relative to Steel industry P/E ratio of 23.89x
- STLD could be overvalued based on its P/B ratio of 2.48x, relative to Steel industry P/B ratio of 0.96x
- STLD could be undervalued based on its PEG ratio of 0.78x
You can do more valuation analysis on STLD's stock here.
STLD Financial Health
Signs that STLD is financially healthy:
- STLD's operating cash flow of $1.52B allows it to safely service it's debt of $3.78B.
- Total STLD debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the STLD balance sheet.
- There are more short-term assets than short-term liabilities on the STLD balance sheet.
- STLD earnings of $1.48B is not enough to cover its interest payments.
Signs that STLD is not financially healthy:
- STLD has a relatively high debt to equity ratio of 0.78.
- STLD profit margin has gone down from 9.8% to 6.4% in the past year.
Is it a good time to buy Steel Dynamics stock, according to Wall Street analysts?
Out of 5 sell side analysts who monitor STLD, the consensus analyst rating on STLD is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Most Recent STLD Analyst Forecasts
An analyst from Wells Fargo initiates coverage on STLD with a strong buy rating and announces their STLD price target of $143.00, on Aug 14, 2025.
You can dive deeper into what analysts are saying on the Steel Dynamics stock forecast page.
Metrics for Advanced STLD Traders
How are STLD Revenues/Earnings doing?
Last year, STLD earnings were $1.13B. Over the past five year, STLD's earnings have gone up by 27.11% per year. This was faster than the Steel industry average of -8.56%.
Last year, STLD revenue was $17.63B. Over the last five year, STLD's revenue has gone up by 13.53% per year. This was faster than the Steel industry average of 6.41%.
Dive into STLD's earnings and revenue performance here.
Latest Insiders Trades at STLD
Over the last 12 months, insiders at STLD have sold more shares than they have bought.
Glenn Pushis, Senior Vice President of STLD, was the latest STLD insider to buy. They bought $54,993.72 worth of STLD shares on Sep 12, 2025.
Get more info about who owns STLD shares here.
Does STLD stock generate passive income?
Steel Dynamics pays a dividend of 0.98%, compared to the Steel industry's average dividend yield of 1.91%. If you owned $1,000 of STLD stock, you would have received $9.81 in the past year.
Steel Dynamics dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Steel Dynamics dividend yield and history here.
Get opinions from other traders
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your STLD trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open button and your broker will execute your order.
If you require more help with buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in STLD
Now that you own some STLD shares, you'll want to stay up-to-date on your new investment.
Put STLD on a watchlist to get alerted to the latest events about your STLD stock.
STLD Feed
How to Buy Stock in Steel Dynamics
To summarize, here are the 6 steps you need to take to buy Steel Dynamics stock right now:
- Decide where to buy Steel Dynamics stock
- Open a brokerage account
- Fund your investment account
- Evaluate Steel Dynamics stock
- Make your STLD trade
- Keep tabs on your investment in STLD
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Steel Dynamics, click below.
Trending Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.