Seaport Res Ptn Predicts Reduced Earnings for Steel Dynamics

Key Points

• Seaport Res Ptn has lowered their Q3 2025 earnings estimate for Steel Dynamics from $2.77 to $2.69 per share.
• Wells Fargo and JPMorgan Chase have both increased their target prices for Steel Dynamics to $150.00, with ratings of "overweight" and "neutral" respectively.
• Steel Dynamics announced a quarterly dividend of $0.50 per share, with a payout date on October 10th, representing an annualized yield of 1.4%.

Steel Dynamics, Inc. (NASDAQ:STLD - Free Report) - Stock analysts at Seaport Res Ptn decreased their Q3 2025 earnings estimates for shares of Steel Dynamics in a research report issued to clients and investors on Monday, September 15th. Seaport Res Ptn analyst M. Englert now expects that the basic materials company will post earnings per share of $2.69 for the quarter, down from their prior estimate of $2.77. The consensus estimate for Steel Dynamics' current full-year earnings is $9.01 per share. Seaport Res Ptn also issued estimates for Steel Dynamics' Q4 2025 earnings at $2.33 EPS, FY2025 earnings at $8.47 EPS, Q1 2026 earnings at $3.03 EPS, Q2 2026 earnings at $3.45 EPS, Q3 2026 earnings at $3.64 EPS and FY2026 earnings at $13.67 EPS.

Other research analysts have also recently issued reports about the stock. Wells Fargo & Company raised their target price on shares of Steel Dynamics from $143.00 to $150.00 and gave the stock an "overweight" rating in a report on Monday, September 15th. Morgan Stanley lifted their target price on shares of Steel Dynamics from $140.00 to $145.00 and gave the company an "overweight" rating in a research note on Friday, June 20th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Steel Dynamics from $138.00 to $150.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Steel Dynamics has a consensus rating of "Moderate Buy" and a consensus target price of $149.40.

Steel Dynamics Price Performance

Shares of STLD traded down $0.57 during mid-day trading on Wednesday, hitting $139.27. The company's stock had a trading volume of 2,810,449 shares, compared to its average volume of 1,187,503. The firm has a 50-day moving average price of $129.77 and a 200 day moving average price of $128.26. The stock has a market capitalization of $20.50 billion, a price-to-earnings ratio of 20.30, a PEG ratio of 1.14 and a beta of 1.40. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.13 and a quick ratio of 1.34. Steel Dynamics has a fifty-two week low of $103.17 and a fifty-two week high of $155.56.

Steel Dynamics (NASDAQ:STLD - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The basic materials company reported $2.01 earnings per share for the quarter, missing the consensus estimate of $2.05 by ($0.04). The firm had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.82 billion. Steel Dynamics had a net margin of 6.07% and a return on equity of 11.88%. The company's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.72 earnings per share.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cary Street Partners Investment Advisory LLC lifted its position in Steel Dynamics by 493.9% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 196 shares of the basic materials company's stock valued at $25,000 after purchasing an additional 163 shares during the period. Financial Gravity Asset Management Inc. acquired a new position in Steel Dynamics during the 1st quarter valued at about $25,000. Trust Co. of Toledo NA OH acquired a new position in Steel Dynamics during the 2nd quarter valued at about $30,000. Zions Bancorporation National Association UT acquired a new position in Steel Dynamics during the 1st quarter valued at about $32,000. Finally, WPG Advisers LLC acquired a new position in Steel Dynamics during the 1st quarter valued at about $32,000. Institutional investors and hedge funds own 82.41% of the company's stock.

Insider Transactions at Steel Dynamics

In related news, SVP Christopher A. Graham sold 12,000 shares of the company's stock in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $126.71, for a total transaction of $1,520,520.00. Following the transaction, the senior vice president owned 66,738 shares in the company, valued at $8,456,371.98. This represents a 15.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 6.30% of the stock is currently owned by company insiders.

Steel Dynamics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 10th. Investors of record on Tuesday, September 30th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, September 30th. This represents a $2.00 annualized dividend and a yield of 1.4%. Steel Dynamics's dividend payout ratio is 29.15%.

About Steel Dynamics

Steel Dynamics, Inc, together with its subsidiaries, operates as a steel producer and metal recycler in the United States. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing steel bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products.