Steel Dynamics, Inc. – Buy. Zacks’ proprietary data indicates that Steel Dynamics, Inc. is currently rated as a Zacks Rank 1 and we are expecting an above average return from the STLD shares relative to the market in the next few months.
Similarly, Is Steel Dynamics a publicly traded company?
Steel Dynamics, Inc.
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Steel Dynamics.
| Type | Public company |
|---|---|
| Traded as | Nasdaq: STLD S&P 400 component |
| Industry | Metals |
| Founded | 1993 |
| Headquarters | Fort Wayne, Indiana, United States |
What is Zacks rating of CLF? CLF 32.36 +0.15(0.47%)
Zacks Investment Research is releasing its prediction for CLF based on the 1-3 month trading system that nearly triples the S&P 500.
Thereof, What is Mark Millet worth?
The estimated Net Worth of Mark D Millett is at least $312 Million dollars as of 9 September 2021. Mr. Millett owns over 67,686 units of Steel Dynamics stock worth over $258,590,980 and over the last 19 years he sold STLD stock worth over $42,997,164.
Is Steel Dynamics a Fortune 500 company?
RANK319. The steel production company based out of Fort Wayne, Ind. produced over 9 million tons of steel in 2020.
When did Steel Dynamics go public?
When was SDI’s initial public offering? Steel Dynamics’s shares began trading at an offering price of $16 per share on November 21, 1996.
Is CLF overvalued?
Price to Book Ratio
PB vs Industry: CLF is overvalued based on its PB Ratio (2.9x) compared to the US Metals and Mining industry average (2.4x).
Is CLF a buy now?
Cleveland-Cliffs has received a consensus rating of Buy. The company’s average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.
Is CLF a buy or sell?
For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
How much is Keith Busse worth?
Busse lives in a 7,000-square-foot mansion when he’s not spending time at one of his two lakefront retreats or shooting 18 holes at a golf course he spent $1.2 million to help build. Last year his compensation totaled $9.4 million and his net worth rose 30% to about $50 million.
Who owns SDI?
2007: SDI is acquired by Platinum Equity LLC. 2010: SDI begins operations in the U.S. Virgin Islands.
Who owns Steel Dynamics Inc?
Keith Busse, Chairman and CEO, Steel Dynamics, Inc., is a man who is passionate about business, and has a knack for seeing things that others might not. That passion and vision enabled him and his two partners to create Steel Dynamics in 1993.
How many steel mills does Steel Dynamics have?
Fort Wayne, Indiana-based Steel Dynamics currently operates six steel mills, including facilities in Indiana, Michigan, Mississippi and Pennsylvania.
How much debt is CLF?
Compare CLF With Other Stocks
| Cleveland-Cliffs Debt/Equity Ratio Historical Data | ||
|---|---|---|
| Date | Long Term Debt | Shareholder’s Equity |
| 2019-06-30 | $3.11B | $0.29B |
| 2019-03-31 | $3.05B | $0.26B |
| 2018-12-31 | $3.11B | $0.42B |
Is CLF undervalued?
(NYSE:CLF) Suggests It’s 49% Undervalued.
What is CLF debt?
What Is Cleveland-Cliffs’s Net Debt? As you can see below, at the end of September 2021, Cleveland-Cliffs had US$5.35b of debt, up from US$4.31b a year ago. Click the image for more detail.
Who owns CLF stock?
Top 10 Owners of Cleveland-Cliffs Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 7.92% | 41,589,740 |
| BlackRock Fund Advisors | 6.62% | 34,797,978 |
| Fidelity Management & Research Co… | 4.59% | 24,101,186 |
| SSgA Funds Management, Inc. | 2.91% | 15,270,791 |
What sector is CLF stock?
Description. Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America.
How do analysts rate CLF stock?
Stock Price Forecast
The 8 analysts offering 12-month price forecasts for Cleveland-Cliffs Inc have a median target of 31.00, with a high estimate of 46.00 and a low estimate of 23.50. The median estimate represents a +0.81% increase from the last price of 30.75.
How high will Cliffs go?
Stock Price Forecast
The 8 analysts offering 12-month price forecasts for Cleveland-Cliffs Inc have a median target of 31.00, with a high estimate of 46.00 and a low estimate of 23.50. The median estimate represents a +0.81% increase from the last price of 30.75.
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