FrançaisAre analysts right about Steel Dynamics (STLD)?
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Historical analyst accuracy
For Steel Dynamics, we replayed every analyst price target of the past 12 months and measured the real outcome: 61% were profitable, average return +25% (130 calls). At 3 months: +8% average return (52% profitable). The higher the %, the more often analysts were right on this stock.
Most reliable analysts on this stock (past track record)
Their past track record on this stock (targets replayed against real prices) — not a forecast of what will happen.
| Analyst / broker | Calls i | % profitable i | Avg return i |
|---|---|---|---|
| Citigroup | 14 | 71% | +17% |
| JP Morgan | 13 | 38% | +18% |
| Credit Suisse | 11 | 82% | +35% |
| Goldman Sachs | 11 | 73% | +32% |
| Morgan Stanley | 10 | 80% | +39% |
Valuation
Is Steel Dynamics overvalued, and is it a good time to buy Steel Dynamics right now? If you're wondering, here's a recap to make up your own mind: Steel Dynamics's valuation vs its sector median, to weigh alongside analyst reliability (above) and past performance. Educational information, not buy advice.
The P/E (price ÷ earnings per share) = how many years of earnings you pay for the stock. The higher it is, the more growth the market expects — but the pricier the stock, so more vulnerable if growth disappoints. The forward P/E uses next year's expected earnings: lower than the current P/E = rising expected earnings. We compare it to the sector median to see whether the stock is expensive relative to its peers.
| Metric | Steel Dynamics | Sector median (Materials) |
|---|---|---|
| P/E | 21.4 | 23.4 |
| Forward P/E | 12.4 | 15.9 |
| Net margin | 8% | 8% |
👉 Steel Dynamics is valued in line with its sector (21.4 vs 23.4).
📖 P/E, PEG, margin…: see the glossary
💵 Dividend : Steel Dynamics pays about $2.06/share/yr → 0.93% yield. what is this?
Frequently asked questions
Is Steel Dynamics a buy right now?
The analyst consensus on Steel Dynamics (STLD) is "Buy" (23 bullish, 0 bearish calls over 12 months). This is not advice: historically, 61% of their targets on this stock turned out profitable over 1 year.
What is Steel Dynamics's price target?
The median 12-month price target is $260 (+10% vs $236), ranging from $240 to $276 (9 analysts).
Are analysts accurate on Steel Dynamics?
Over 1 year, 61% of analyst targets on Steel Dynamics were profitable, for an average return of +25% (across 130 timestamped calls). This is JPI Invest's accuracy metric.
What is the Steel Dynamics stock forecast?
Analysts target a median of $260 within 12 months, i.e. +10% vs the current price. The most bullish targets $276, the most cautious $240.
What is the Steel Dynamics stock forecast for 2026 or long term (2030)?
Note: analyst targets are 12-month (median $260, +10%), NOT 2030. No reliable 5-10 year price forecast exists (« 2030 prediction » models are speculative). The most useful inputs: the 12-month median above, these analysts' historical accuracy (61%), and the stock's past trajectory.
Is Steel Dynamics overvalued?
Its P/E is 21.4, forward P/E 12.4. A forward P/E lower than the current P/E means earnings are expected to grow.
📊 See the full interactive analysis of Steel Dynamics →
What is JPI Invest?
JPI Invest aggregates analyst recommendations across the entire S&P 500 (plus the S&P MidCap 400), replays them against real prices and measures who predicts best — on results, not reputation. Instead of taking a price target at face value, you see each analyst's track record on each stock.
- 🏆 Analyst leaderboard by real reliability (beating their sector, not just riding the rally)
- 🎯 What to buy: 3 backtested methods over 6 years, from cautious to aggressive
- 💬 AI assistant: ask anything about any stock, with the numbers
- 📊 Portfolio tracking + 🔔 price alerts by email
⚠️ Educational information, not investment advice. Analyst price targets are 12-month and can be wrong. Data via Yahoo Finance, recomputed by JPI Invest.