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Added to YB: 2025-02-12

Pitch date: 2025-02-11

STLD [bullish]

Steel Dynamics, Inc.

+30.03%

current return

Author Info

No bio for this author

Company Info

Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States.

Market Cap

$22.7B

Pitch Price

$132.25

Price Target

155.00 (-10%)

Dividend

1.29%

EV/EBITDA

12.83

P/E

20.71

EV/Sales

1.46

Sector

Metals and Mining

Category

value

Show full summary:
KeyBanc Upgrades Steel Dynamics (STLD) to Overweight, Sets $155 Target

STLD: KeyBanc upgrades to Overweight, PT $155. Sinton ops improving after $200M loss. Positioned for market share gain from declining imports. Potential tariffs support sheet pricing. Aluminum Project could add $2-$2.50 EPS by 2027-28. 10% FCF yield on 2026 est. PT reflects 8-8.5x EV/EBITDA.

Read full article (1 min)