Steel Dynamics, Inc. (NASDAQ:STLD) declared EPS of 0.43

(NASDAQ:STLD) ended trading session lower at $32.74 with -0.52%. The firm bought 65,049 shares of the company's stock, valued at approximately $2,258,000. The company has PEG ratio of 1.43 and price to cash ratio of 9.42. Banced Corp raised its position in shares of Steel Dynamics by 9.0% in the first quarter. Capstone Asset Management Co. now owns 20,443 shares of the company's stock worth $711,000 after buying an additional 620 shares in the last quarter. Hedge funds and other institutional investors own 79.46% of the company's stock. Bank of Montreal Can boosted its stake in Steel Dynamics by 8.4% in the first quarter. The Quantitative Investment Management Llc holds 199,400 shares with $7.09 million value, down from 244,000 last quarter. The company has price-to-sale ratio of 1.03 in last 12-month period and its price to book ratio was registered at 2.74 in most recent quarter.

Market Capitalization can be thought of as the overall price to buy the company. Soros Fund Management LLC now owns 47,369 shares of the basic materials company's stock worth $1,685,000 after buying an additional 30,373 shares during the period.

Steel Dynamics, Inc. has a 12-month low of $22.62 and a 12-month high of $40.17. The stock ended last trade at $32.70 a share and the price is up more than -7.68% so far this year. Steel Dynamics, Inc. The stock has a market cap of $7.98 billion, a price-to-earnings ratio of 21.10 and a beta of 1.35. The share price has moved backward from its 20 days moving average -5.15% and negatively from its 50 days moving average -6.49%. Analysts expect Steel Dynamics to post earnings of $0.76 per share for the quarter. The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same period in the prior year, the company earned $0.09 earnings per share. On average, analysts anticipate that Steel Dynamics will post $2.75 earnings per share for the current fiscal year.

(NASDAQ/GS: STLD) announced that, effective at 2:00 PM Eastern Daylight Time on Monday, April 17, 2017, the Securities Exchange Commission declared effective its previously filed Form S-4 Registration Statement for the exchange of up to $400.0 million aggregate principal amount of its newly issued 5.000% Senior Notes due 2026 (the "Exchange Notes"), that have now been registered under the Securities Act of 1933, as amended (the "Securities Act"), for like principal amounts of any or all of its unregistered outstanding 5.000% Senior Notes due 2026 (the "Old Notes"), issued on December 6, 2016. Shareholders of record on Friday, March 31st were issued a $0.155 dividend. Legacy Private Trust Com has invested 0.06% in Steel Dynamics, Inc. This represents a $0.62 annualized dividend and a dividend yield of 1.88%. Steel Dynamics's dividend payout ratio (DPR) is now 35.90%.

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Several equities research analysts have weighed in on the stock. (NASDAQ:STLD) have recently changed their ratings on the stock. (STLD). The consensus rating is 2.1, suggesting the market has given up on the stock. While looking the figure depicted by the Price to Earning we can suggest that the shares of Steel Dynamics Inc. Macquarie restated a "neutral" rating on shares of Steel Dynamics in a research report on Monday, March 20th. Deutsche Bank AG upped their target price on Steel Dynamics from $42.00 to $45.00 and gave the company a "buy" rating in a research report on Tuesday, March 21st. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock was sold at an average price of $35.64, for a total value of $5,000,113.80.

In other news, Director Richard P. Teets, Jr. sold 140,295 shares of the stock in a transaction on Thursday, March 16th.

About 7,046 shares traded. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 4.10% of the company's stock.

ILLEGAL ACTIVITY WARNING: "Steel Dynamics, Inc". Citigroup initiated Steel Dynamics, Inc.

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