WallStreetZenWallStreetZen

NASDAQ: STLD
Steel Dynamics Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for STLD

Based on 5 analysts offering 12 month price targets for Steel Dynamics Inc.
Min Forecast
$96.00-11.43%
Avg Forecast
$110.00+1.49%
Max Forecast
$120.00+10.71%

Should I buy or sell STLD stock?

Based on 6 analysts offering ratings for Steel Dynamics Inc.
Buy
Strong Buy
1 analysts 16.67%
Buy
1 analysts 16.67%
Hold
4 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their STLD stock forecasts and price targets.

STLD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 2%
99
HoldMaintains$96.00-11.43%2023-03-20
Credit Suisse
Top 4%
97
BuyMaintains$106.00-2.21%2023-03-16
BMO Capital
Bottom 16%
16
HoldMaintains$120.00+10.71%2023-01-27
Goldman Sachs
Top 8%
93
HoldDowngrades$118.00+8.87%2023-01-27
UBS
Top 16%
85
HoldDowngradesN/AN/A2022-12-06
JP Morgan
Bottom 22%
22
Strong BuyMaintains$110.00+1.49%2022-06-14
Anonymous
Morgan Stanley
HoldMaintains$94.00-13.28%2022-05-11

1 of 1

Forecast return on equity

Is STLD forecast to generate an efficient return?
Company
16.14%
Industry
14.35%
Market
52.51%
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
9.27%
Industry
8.45%
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
$9.58-54.51%
Avg 2 year Forecast
$8.91-57.69%
Avg 3 year Forecast
$7.65-63.68%
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 4 analysts?
Avg 1 year Forecast
$17.1B-22.99%
Avg 2 year Forecast
$17.2B-22.78%
Avg 3 year Forecast
$14.7B-34.06%
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
-35.51%
Industry
-31.86%
Market
26.86%
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
-13.83%
Industry
-10.84%
Market
9.33%
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$108.39$110.00+1.49%Buy
PKX$61.85N/AN/AHold
RS$252.17$252.67+0.20%Buy
MT$28.06$38.00+35.42%Strong Buy
CLF$17.43$22.40+28.54%Buy
View Top Steel Stocks

Steel Dynamics Stock Forecast FAQ

Is Steel Dynamics Stock a good buy in 2023, 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, 1 (16.67%) are recommending STLD as a Strong Buy, 1 (16.67%) are recommending STLD as a Buy, 4 (66.67%) are recommending STLD as a Hold, 0 (0%) are recommending STLD as a Sell, and 0 (0%) are recommending STLD as a Strong Sell.

If you're new to stock investing, here's how to buy Steel Dynamics stock.

What is STLD's earnings growth forecast for 2023-2025?

(NASDAQ: STLD) Steel Dynamics's forecast annual earnings growth rate of -35.51% is not forecast to beat the US Steel industry's average forecast earnings growth rate of -31.86%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 26.86%.

Steel Dynamics's earnings in 2023 is $3,862,674,000.On average, 4 Wall Street analysts forecast STLD's earnings for 2023 to be $1,643,714,414, with the lowest STLD earnings forecast at $1,072,360,656, and the highest STLD earnings forecast at $1,966,280,499. On average, 3 Wall Street analysts forecast STLD's earnings for 2024 to be $1,528,757,352, with the lowest STLD earnings forecast at $1,247,369,915, and the highest STLD earnings forecast at $2,014,322,257.

In 2025, STLD is forecast to generate $1,312,569,443 in earnings, with the lowest earnings forecast at $1,312,569,443 and the highest earnings forecast at $1,312,569,443.

What is STLD's revenue growth forecast for 2023-2025?

(NASDAQ: STLD) Steel Dynamics's forecast annual revenue growth rate of -13.83% is not forecast to beat the US Steel industry's average forecast revenue growth rate of -10.84%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.33%.

Steel Dynamics's revenue in 2023 is $22,260,774,000.On average, 4 Wall Street analysts forecast STLD's revenue for 2023 to be $2,941,209,554,722, with the lowest STLD revenue forecast at $2,685,412,933,223, and the highest STLD revenue forecast at $3,576,120,326,902. On average, 3 Wall Street analysts forecast STLD's revenue for 2024 to be $2,949,196,325,312, with the lowest STLD revenue forecast at $2,413,488,693,764, and the highest STLD revenue forecast at $3,734,977,260,853.

In 2025, STLD is forecast to generate $2,518,366,080,679 in revenue, with the lowest revenue forecast at $2,518,366,080,679 and the highest revenue forecast at $2,518,366,080,679.

What is STLD's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: STLD) forecast ROA is 9.27%, which is higher than the forecast US Steel industry average of 8.45%.

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 $110.00, with the highest STLD stock price forecast at $120.00 and the lowest STLD stock price forecast at $96.00.

On average, Wall Street analysts predict that Steel Dynamics's share price could reach $110.00 by Mar 20, 2024. The average Steel Dynamics stock price prediction forecasts a potential upside of 1.49% from the current STLD share price of $108.39.

What is STLD's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: STLD) Steel Dynamics's current Earnings Per Share (EPS) is $21.06. On average, analysts forecast that STLD's EPS will be $9.58 for 2023, with the lowest EPS forecast at $6.25, and the highest EPS forecast at $11.46. On average, analysts forecast that STLD's EPS will be $8.91 for 2024, with the lowest EPS forecast at $7.27, and the highest EPS forecast at $11.74. In 2025, STLD's EPS is forecast to hit $7.65 (min: $7.65, max: $7.65).

What is STLD's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: STLD) forecast ROE is 16.14%, which is considered weak.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.