Published: Tue, October 17, 2017
Business | By Kate Woods

Steel Dynamics, Inc. (STLD) to Release Earnings on Tuesday


Steel Dynamics, Inc. (NASDAQ:STLD) has risen 44.39% since October 16, 2016 and is uptrending.

Institutional Investors own 86.30% of Steel Dynamics, Inc. (NASDAQ:STLD) traded down 1.25% during trading on Monday, reaching $36.46. STLD's SI was 8.85 million shares in October as released by FINRA. (NASDAQ:STLD) has risen 44.39% since October 16, 2016 and is uptrending. It has outperformed by 27.69% the S&P500.

The stock of Cooper-Standard Holdings Inc (NYSE:CPS) is a huge mover today! Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares. It was reported on Oct, 16 by Barchart.com.

Investors might also notice that three month ago the Buy recommendations (13) outnumbered Sell recommendations (1). This represents a $0.62 annualized dividend and a yield of 1.68%. It increased, as 57 investors sold OKE shares while 149 reduced holdings.

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A number of other hedge funds have also made changes to their positions in the stock. Following the completion of the transaction, the insider now directly owns 26,778 shares in the company, valued at approximately $1,018,902.90.

09/06/2017 - Macquarie began new coverage on Steel Dynamics, Inc. giving the company a "neutral" rating. (NASDAQ:STLD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). Financial Bank Of Montreal Can reported 3.37M shares. Whitnell &, Illinois-based fund reported 494 shares. Clinton Gru holds 0.17% of its portfolio in Steel Dynamics, Inc.

ILLEGAL ACTIVITY WARNING: "Steel Dynamics, Inc". (NASDAQ:STLD) while inside ownership was 2.70%. About shares traded. Steel Dynamics, Inc. (NASDAQ:STLD). Nikko Asset Mngmt Americas Inc owns 0.99% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 90,800 shares.

Analysts await Steel Dynamics, Inc. (NASDAQ:STLD) earned "Buy" rating by Bank of America on Wednesday, October 26. Adirondack holds 0.26% or 2,029 shares in its portfolio. North Star Mgmt Corp invested 0.09% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST).

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Analysts expect CEVA, Inc. (NASDAQ:STLD) were released by: Prnewswire.com and their article: "Steel Dynamics Announces Third Quarter 2017 Earnings Conference Call and Webcast" published on October 05, 2017 as well as Nasdaq.com's news article titled: "Strategy To YieldBoost Steel Dynamics From 1.8% To 6.9% Using Options" with publication date: September 29, 2017. They expect $0.74 EPS, up 13.85% or $0.09 from last year's $0.65 per share. The basic materials company reported $0.63 EPS for the quarter, hitting analysts' consensus estimates of $0.63. Steel Dynamics, Inc. has a 52 week low of $23.52 and a 52 week high of $40.17. (NASDAQ:STLD). Inv Centers Of America has 15,526 shares for 0.04% of their portfolio. Therefore 100% are positive. Bank of America Corporation boosted their price target on Steel Dynamics from $40.00 to $42.00 and gave the stock a "buy" rating in a research report on Friday, July 21st. Lazard Asset Lc stated it has 0.03% in Steel Dynamics, Inc. Eight research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The rating was maintained by Cowen & Co on Friday, October 21 with "Outperform". The company was maintained on Monday, August 14 by Canaccord Genuity. (NASDAQ:STLD) for 2.21 million shares. The stock has "Buy" rating by Citigroup on Monday, August 22.

08/19/2016 - Steel Dynamics, Inc. was downgraded to "sector weight" by analysts at KeyBanc. (NASDAQ:STLD) earned "Overweight" rating by Barclays Capital on Tuesday, April 19. The stock has "Buy" rating by Goldman Sachs on Monday, December 5. The company was upgraded on Tuesday, September 1 by TheStreet. Invesco reported 221,596 shares.

Steel Dynamics, Inc.is a steel producing and a metal recycling company. The firm has a market capitalization of $8.75 billion, a P/E ratio of 16.75 and a beta of 1.29. The Firm operates in the segment of licensing of intellectual property to semiconductor companies and electronic equipment manufacturers. It has a 16.93 P/E ratio. Therefore 24% are positive. Cooper-Standard had 17 analyst reports since November 6, 2015 according to SRatingsIntel. (NASDAQ:STLD) has "Buy" rating given on Tuesday, September 5 by Bank of America. On Tuesday, August 9 the stock rating was initiated by Seaport Global with "Buy". As per Monday, November 14, the company rating was downgraded by Rosenblatt. The firm has "Buy" rating given on Monday, August 24 by Vetr. The firm has "Market Perform" rating by BMO Capital Markets given on Monday, July 10. (NYSE:OKE) on Thursday, February 25 with "Neutral" rating. On Thursday, September 28 the stock rating was maintained by Jefferies with "Hold". The firm has "Neutral" rating by Buckingham Research given on Tuesday, September 27.

Analysts await Mesa Laboratories, Inc. Glob X Management Communications holds 0.03% or 5,777 shares. Whereas, firm has insider ownership was declared as 2.40% and Insider transaction was recorded recently as -4.27%.

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