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NASDAQ: STLD
STEEL DYNAMICS INC Stock Forecast, Predictions & Price Target

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OverviewForecast
EarningsDividendOwnership

Analyst price target for STLD

Based on 5 analysts offering 12 month price targets for STEEL DYNAMICS INC.
Min Forecast
$60.00-12.9%
Avg Forecast
$87.00+26.29%
Max Forecast
$110.00+59.67%

Should I buy or sell STLD stock?

Based on 6 analysts offering ratings for STEEL DYNAMICS INC.
Buy
Strong Buy
2 analysts 33.33%
Buy
1 analysts 16.67%
Hold
2 analysts 33.33%
Sell
1 analysts 16.67%
Strong Sell
0 analysts 0%

STLD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Bottom 11%
11
Strong BuyMaintains$110.00+59.67%2022-06-14
Goldman Sachs
Top 10%
91
HoldDowngrades$92.00+33.55%2022-05-31
Anonymous
Morgan Stanley
HoldMaintains$94.00+36.45%2022-05-11
Wolfe Research
Top 23%
78
SellDowngrades$60.00-12.90%2022-01-11
Morgan Stanley
Top 2%
99
HoldDowngradesN/AN/A2021-10-18
Deutsche Bank
Top 1%
100
Strong BuyMaintains$98.00+42.26%2021-09-15
Seaport Global
Bottom 22%
22
BuyInitiates Coverage On$75.00+8.87%2021-08-24

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Forecast return on equity

Is STLD forecast to generate an efficient return?
Company
16.12%
Industry
16.62%
Market
32.18%
STLD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is STLD forecast to generate an efficient return on assets?
Company
8.6%
Industry
8.84%
STLD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

STLD earnings per share forecast

What is STLD's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$19.84+2.11%
Avg 2 year Forecast
$10.69-44.98%
Avg 3 year Forecast
$9.44-51.42%
STLD's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

STLD revenue forecast

What is STLD's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$22.6B+10.83%
Avg 2 year Forecast
$18.5B-9.6%
Avg 3 year Forecast
$16.9B-17.05%
STLD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

STLD earnings growth forecast

How is STLD forecast to perform vs Steel companies and vs the US market?
Company
-27.05%
Industry
-33.91%
Market
15.61%
STLD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
STLD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
STLD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

STLD revenue growth forecast

How is STLD forecast to perform vs Steel companies and vs the US market?
Company
-6.87%
Industry
-7.55%
Market
9.36%
STLD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
STLD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

STLD vs Steel Stocks

TickerPricePrice TargetUp/downsideConsensus
STLD$68.89$87.00+26.29%Buy
PKX$46.81N/AN/AHold
RS$172.79$195.14+12.94%Strong Buy
CLF$16.48$30.08+82.54%Strong Buy
GGB$4.40N/AN/ABuy
View Top Steel Stocks

STEEL DYNAMICS Stock Forecast FAQ

Is STEEL DYNAMICS Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: STLD) stock is to Buy STLD stock.

Out of 6 analysts, 2 (33.33%) are recommending STLD as a Strong Buy, 1 (16.67%) are recommending STLD as a Buy, 2 (33.33%) are recommending STLD as a Hold, 1 (16.67%) are recommending STLD as a Sell, and 0 (0%) are recommending STLD as a Strong Sell.

What is STLD's earnings growth forecast for 2022-2024?

(NASDAQ: STLD) STEEL DYNAMICS's forecast annual earnings growth rate of -27.05% is forecast to beat the US Steel industry's average forecast earnings growth rate of -33.91%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.61%.

STEEL DYNAMICS's earnings in 2022 is $3,887,490,000.On average, 4 Wall Street analysts forecast STLD's earnings for 2022 to be $3,743,609,759, with the lowest STLD earnings forecast at $3,441,705,746, and the highest STLD earnings forecast at $4,196,465,778. On average, 3 Wall Street analysts forecast STLD's earnings for 2023 to be $2,017,096,186, with the lowest STLD earnings forecast at $1,683,114,871, and the highest STLD earnings forecast at $2,309,565,698.

In 2024, STLD is forecast to generate $1,781,233,676 in earnings, with the lowest earnings forecast at $1,349,133,557 and the highest earnings forecast at $2,215,220,694.

What is STLD's revenue growth forecast for 2022-2024?

(NASDAQ: STLD) STEEL DYNAMICS's forecast annual revenue growth rate of -6.87% is forecast to beat the US Steel industry's average forecast revenue growth rate of -7.55%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.36%.

STEEL DYNAMICS's revenue in 2022 is $20,434,155,000.On average, 3 Wall Street analysts forecast STLD's revenue for 2022 to be $4,273,259,403,446, with the lowest STLD revenue forecast at $4,060,084,413,938, and the highest STLD revenue forecast at $4,609,079,879,114. On average, 3 Wall Street analysts forecast STLD's revenue for 2023 to be $3,485,565,983,520, with the lowest STLD revenue forecast at $3,042,626,379,000, and the highest STLD revenue forecast at $3,932,784,700,041.

In 2024, STLD is forecast to generate $3,198,268,464,239 in revenue, with the lowest revenue forecast at $2,732,382,267,846 and the highest revenue forecast at $4,107,485,230,847.

What is STLD's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: STLD) forecast ROA is 8.6%, which is lower than the forecast US Steel industry average of 8.84%.

What is STLD's Price Target?

According to 5 Wall Street analysts that have issued a 1 year STLD price target, the average STLD price target is $87.00, with the highest STLD stock price forecast at $110.00 and the lowest STLD stock price forecast at $60.00.

On average, Wall Street analysts predict that STEEL DYNAMICS's share price could reach $87.00 by Jun 14, 2023. The average STEEL DYNAMICS stock price prediction forecasts a potential upside of 26.29% from the current STLD share price of $68.89.

What is STLD's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: STLD) STEEL DYNAMICS's current Earnings Per Share (EPS) is $19.43. On average, analysts forecast that STLD's EPS will be $19.84 for 2022, with the lowest EPS forecast at $18.24, and the highest EPS forecast at $22.24. On average, analysts forecast that STLD's EPS will be $10.69 for 2023, with the lowest EPS forecast at $8.92, and the highest EPS forecast at $12.24. In 2024, STLD's EPS is forecast to hit $9.44 (min: $7.15, max: $11.74).

What is STLD's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: STLD) forecast ROE is 16.12%, which is considered weak.
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