Steel Dynamics (STLD) Declares $0.1550 Quarterly Dividend; 1.9% Yield
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Longbow Research Upgrades Steel Dynamics (STLD) to Buy
June 19, 2017 3:08 AM EDTLongbow Research upgraded Steel Dynamics (NASDAQ: STLD) from Neutral to Buy.
Analyst Chris Olin establishes a $40.00 price target.
For an analyst ratings summary and ratings history on Steel Dynamics click here. For more ratings news on Steel Dynamics click here.
Shares of Steel Dynamics closed at $33.18 Friday.
... MoreSteel Dynamics (STLD) Sees Q2 EPS of $0.60-$0.64
June 16, 2017 7:42 AM EDTSteel Dynamics, Inc. (NASDAQ: STLD) today provided second quarter 2017 earnings guidance in the range of $0.60 to $0.64 per diluted share, compared to prior year second quarter earnings of $0.58 per diluted share and sequential first quarter 2017 earnings of $0.82 per diluted share.
(Street sees Q2 EPS of 84 cent, may not compare)
During the second quarter 2017, the company further modernized one of its galvanizing lines located at its Butler Flat Roll Division, while also expanding the line's annual value-added production capability by an additional 180,000 tons for an investment of approximately $15 million. The... More
Nucor (NUE) Peers on Watch Following Release of Soft Q2 Guidance (X) (AKS)
June 15, 2017 9:07 AM EDTNucor (NYSE: NUE) peers were in focus after it issued Q2 guidance below consensus views.
Related names including AK Steel (NYSE: AKS), U.S. Steel (NYSE: X) and Steel Dynamics (NASDAQ: STLD) traded lower pre-market.
... More