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 $168.95, down 1.76% from the previous day, and has increased 38.81% in one year. It has overperformed other stocks in the Steel industry by 0.25 percentage points. Steel Dynamics stock is currently +63.75% from its 52-week low of $103.17, and -3.08% from its 52-week high of $174.31.
There are currently 146.03M shares of STLD outstanding. The market capitalization of STLD is $24.67B. In the last 24 hours, 1.84M 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.
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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.
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- 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.
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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 22.23x, relative to Steel industry P/E ratio of 25.99x
- STLD could be overvalued based on its P/B ratio of 2.74x, relative to Steel industry P/B ratio of 1.07x
- STLD could be undervalued based on its PEG ratio of 0.82x
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 8 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
Philip Gibbs, a top 1% analyst from KeyBanc maintains STLD with a strong buy rating and raises their STLD price target from $152.00 to $165.00, on Oct 27, 2025.
KeyBanc's Philip Gibbs raised their price target on Steel Dynamics (NASDAQ: STLD) by 8.6% from $152 to $165 on 2025/10/27. The analyst maintained their Strong Buy rating on the stock.
Steel Dynamics reported its Q3 2025 earnings.
Gibbs said they cut estimates for Q4 to account for normal seasonality and tighter Steel spreads.
The analyst said their price target hike and reiterated Strong Buy rating "reflect further confidence in aluminum momentum."
Earnings Report
For Q3 2025, Steel Dynamics reported:
- EPS of $2.74, which beat the Zacks Consensus Estimate of $2.66 and Q3 2024's $2.05.
- Revenue of $4.83B, which beat the Zacks Consensus Estimate by 2.93% and Q3 2024's $4.34.
Management did not provide financial guidance in its press release.
Chairman & CEO Mark D. Millett commented: “Consolidated third quarter 2025 operating income improved 33 percent and adjusted EBITDA increased 24 percent sequentially.
"Our three-year after-tax return-on-invested capital of 15 percent is a testament to our ongoing high-return capital allocation strategy.
"We are growing, returning significant capital to shareholders, while also maintaining strong returns as compared to best-in-class domestic manufacturers.
“The aluminum and biocarbon teams are both doing incredibly well.
“We have produced finished aluminum flat rolled products for the industrial and beverage can sectors and hot band for the automotive sector, which have been qualified by several customers much sooner than anticipated.
"We sincerely thank those customers who have helped us.
"There is still much to be done, and the team has great momentum to continue to commission and ramp operations.
"Additionally, the SDI Biocarbon Solutions team produced their first biocarbon, which was successfully used as a carbon replacement at our Columbus Flat Roll Steel Division, providing a significantly lower-carbon supply chain for our steel customers.
"The team plans to continue to refine operations and increase production throughout the rest of the year.
“We also achieved record quarterly steel shipments, as imports declined from the elevated levels seen earlier in the year and Sinton’s performance improved.
“However, we continue to observe some customer inventory overhang of value-added flat rolled products that were imported earlier this year.
"We have seen some order hesitancy from flat rolled steel customers due to domestic trade actions, despite numerous encouraging demand drivers, such as manufacturing onshoring, infrastructure program funding, lower interest rates, and the increasing regionalization of supply chains in the U.S.
"As it relates to long product steel demand and pricing, structural steel and railroad rail have remained very strong.
"Looking ahead, we expect to benefit from stronger demand across our platforms, including aluminum flat rolled products, as we move into 2026.”
Carlos De Alba, a top 6% analyst from Morgan Stanley maintains STLD with a strong buy rating and raises their STLD price target from $145.00 to $173.00, on Oct 24, 2025.
Katja Jancic, a top 17% analyst from BMO Capital maintains STLD with a buy rating and raises their STLD price target from $155.00 to $167.00, on Oct 22, 2025.
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 -7.15%.
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 6.5%.
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.
Miguel Alvarez, Senior Vice President of STLD, was the latest STLD insider to sell. They sold $31,387.55 worth of STLD shares on Nov 21, 2025.
Get more info about who owns STLD shares here.
Does STLD stock generate passive income?
Steel Dynamics pays a dividend of 0.89%, compared to the Steel industry's average dividend yield of 1.32%. If you owned $1,000 of STLD stock, you would have received $8.88 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
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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.
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