STLD Stock Summary and Trading Ideas (Steel Dynamics | NASDAQ:STLD)

Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.

Steel Dynamics trades on the NASDAQ stock market under the symbol STLD.

As of August 14, 2026, STLD stock price declined to $260.47 with 93,482 million shares trading.

STLD has a beta of 0.76, meaning it tends to be less sensitive to market movements. STLD has a correlation of 0.08 to the broad based SPY ETF.

STLD has a market cap of $37.33 billion. This is considered a Large Cap stock.

Last quarter Steel Dynamics reported $6 billion in Revenue and $3.69 earnings per share. This beat revenue expectation by $522 million and exceeded earnings estimates by $.01.

In the last 3 years, STLD traded as high as $288.74 and as low as $95.53.

The top ETF exchange traded funds that STLD belongs to (by Net Assets): VTI, VOO, IVV, SPY, XLB.

STLD has outperformed the market in the last year with a return of +103.1%, while the SPY ETF gained +21.6%. In the last 3 month period, STLD beat the market returning +10.1%, while SPY returned +4.9%. However, in the most recent 2 weeks STLD has underperformed the stock market by returning +3.2%, while SPY returned +4.8%.

STLD support price is $254.66 and resistance is $266.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that STLD shares will trade within this expected range on the day.