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Steel Dynamics (STLD, Steel) Stock Valuation & Fair Value Trading above fair value

Steel Dynamics (STLD, Steel) trades at a blended P/E of 16.2, about 24% above its historical normal valuation, with a forward growth estimate of 13.7% and a PEG of 1.19. Analysts' one-year estimates have been hit 27% of the time.

DATA AS OF 2026-08-21
Blended P/E
16.2
Normal P/E
13.1
PEG
1.19
Fwd growth
13.7%
Div yield
1.0%
RSI (14)
47.9
Neutral

The Street vs SeerForecast

Wall Street's mean price target for STLD is $272.64 across 14 analysts, 19.2% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: trading above fair value. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from significantly overvalued (2026-06-03) to trading above fair value (2026-08-21).

Price and rating by weekClose moved -6.8 percent from 2026-06-03 to 2026-08-17, with 2 rating changes over 21 recorded weeks.2026-06-03: Significantly overvalued, close 274.51 (recalculated)2026-06-10: Significantly overvalued, close 267.73 (recalculated)2026-06-14: Significantly overvalued, close 282.12 (recalculated)2026-06-16: Significantly overvalued, close 273.67 (recalculated)2026-06-21: Significantly overvalued, close 249.34 (recalculated)2026-07-02: Trading above fair value, close 220.39 (recalculated)2026-07-06: Trading above fair value, close 227.07 (recalculated)2026-07-09: Trading above fair value, close 222.06 (recalculated)2026-07-12: Significantly overvalued, close 228.42 (recalculated)2026-07-13: Significantly overvalued, close 234.14 (recalculated)2026-07-14: Significantly overvalued, close 233.35 (recalculated)2026-07-20: Significantly overvalued, close 230.49 (recalculated)2026-07-22: Significantly overvalued, close 238.64 (recalculated)2026-07-25: Significantly overvalued, close 247.11 (recalculated)2026-07-27: Significantly overvalued, close 250.27 (recalculated)2026-07-31: Significantly overvalued, close 251.26 (recalculated)2026-08-03: Significantly overvalued, close 251.262026-08-07: Significantly overvalued, close 262.45 (recalculated)2026-08-10: Significantly overvalued, close 262.452026-08-14: Significantly overvalued, close 255.77 (recalculated)2026-08-17: Significantly overvalued, close 255.772752562026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 23.6+80%Significantly overvalued
2026-06-10P/E 24.0+83%Significantly overvalued
2026-06-14P/E 24.0+83%Significantly overvalued
2026-06-16P/E 24.0+83%Significantly overvalued
2026-06-21P/E 24.0+83%Significantly overvalued
2026-07-02P/E 18.3+39%Trading above fair value
2026-07-06P/E 18.1+38%Trading above fair value
2026-07-09P/E 18.1+38%Trading above fair value
2026-07-12P/E 18.4+40%Significantly overvalued
2026-07-13P/E 18.4+40%Significantly overvalued
2026-07-14P/E 18.4+40%Significantly overvalued
2026-07-20P/E 18.8+43%Significantly overvalued
2026-07-22P/E 18.8+43%Significantly overvalued
2026-07-25P/E 19.2+47%Significantly overvalued
2026-07-27P/E 19.2+47%Significantly overvalued
2026-07-31P/E 19.4+48%Significantly overvalued
2026-08-03P/E 19.3+47%Significantly overvalued
2026-08-07P/E 19.9+52%Significantly overvalued
2026-08-10P/E 19.9+52%Significantly overvalued
2026-08-14P/E 19.5+49%Significantly overvalued
2026-08-17P/E 19.1+46%Significantly overvalued
2026-08-21P/E 16.2+24%Trading above fair value ← now

Frequently asked questions

Is Steel Dynamics stock overvalued?

At a blended P/E of 16.2 versus its historical normal P/E of 13.1, Steel Dynamics trades about 24% above its typical valuation, with a PEG of 1.19 on 13.7% forward growth. tickerseer currently rates it trading above fair value.

What is Steel Dynamics's fair value and PEG?

Steel Dynamics trades at a blended P/E of 16.2 against a historical normal P/E of 13.1, a PEG of 1.19, and a forward growth estimate of 13.7%.

Has tickerseer's rating of Steel Dynamics changed?

tickerseer's rating moved from significantly overvalued (2026-06-03) to trading above fair value (2026-08-21).

What is the analyst price target for Steel Dynamics?

The mean Wall Street price target for Steel Dynamics is $272.64 across 14 analysts, 19.2% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Steel. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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