Seaport Res Ptn Forecasts Lower Earnings for Steel Dynamics

Steel Dynamics, Inc. (NASDAQ:STLD - Free Report) - Research analysts at Seaport Res Ptn dropped their Q3 2025 EPS estimates for shares of Steel Dynamics in a report issued on Wednesday, April 30th. Seaport Res Ptn analyst M. Englert now expects that the basic materials company will post earnings per share of $3.49 for the quarter, down from their prior estimate of $3.64. The consensus estimate for Steel Dynamics' current full-year earnings is $9.01 per share. Seaport Res Ptn also issued estimates for Steel Dynamics' FY2025 earnings at $10.16 EPS, Q1 2026 earnings at $3.35 EPS, Q2 2026 earnings at $3.86 EPS, Q3 2026 earnings at $3.96 EPS, Q4 2026 earnings at $3.88 EPS and FY2026 earnings at $15.04 EPS.

Steel Dynamics (NASDAQ:STLD - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The basic materials company reported $1.44 EPS for the quarter, topping analysts' consensus estimates of $1.40 by $0.04. The company had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.17 billion. Steel Dynamics had a return on equity of 17.32% and a net margin of 8.76%. During the same period in the previous year, the business earned $3.67 earnings per share.

Other research analysts also recently issued reports about the company. BMO Capital Markets upgraded Steel Dynamics from a "market perform" rating to an "outperform" rating and lifted their price objective for the stock from $135.00 to $145.00 in a research report on Monday, March 31st. UBS Group raised Steel Dynamics from a "neutral" rating to a "buy" rating and set a $149.00 price target for the company in a research report on Monday, March 24th. KeyCorp upgraded Steel Dynamics from a "sector weight" rating to an "overweight" rating and set a $155.00 price objective on the stock in a research report on Tuesday, February 11th. Jefferies Financial Group upgraded Steel Dynamics from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $125.00 to $145.00 in a research report on Friday, January 24th. Finally, Morgan Stanley set a $140.00 target price on shares of Steel Dynamics and gave the company an "overweight" rating in a research note on Thursday, April 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $147.44.

Steel Dynamics Stock Performance

Shares of STLD opened at $134.94 on Monday. The company has a 50-day moving average of $123.66 and a two-hundred day moving average of $128.15. The stock has a market cap of $20.23 billion, a P/E ratio of 13.77, a PEG ratio of 1.05 and a beta of 1.35. Steel Dynamics has a 12-month low of $103.17 and a 12-month high of $155.56. The company has a current ratio of 2.53, a quick ratio of 1.08 and a debt-to-equity ratio of 0.32.

Steel Dynamics announced that its board has authorized a stock repurchase plan on Monday, February 24th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the basic materials company to reacquire up to 7.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

Steel Dynamics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Monday, June 30th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend is Monday, June 30th. Steel Dynamics's dividend payout ratio is currently 26.42%.

Insider Activity

In other news, SVP Glenn Pushis sold 23,649 shares of the business's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $134.67, for a total transaction of $3,184,810.83. Following the completion of the sale, the senior vice president now owns 122,140 shares in the company, valued at approximately $16,448,593.80. The trade was a 16.22 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 6.30% of the company's stock.

Institutional Investors Weigh In On Steel Dynamics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STLD. Wilmington Savings Fund Society FSB acquired a new position in Steel Dynamics during the 3rd quarter worth $25,000. Financial Gravity Asset Management Inc. acquired a new position in Steel Dynamics in the first quarter worth about $25,000. ORG Wealth Partners LLC bought a new stake in Steel Dynamics in the fourth quarter valued at about $28,000. Grove Bank & Trust raised its stake in Steel Dynamics by 194.7% during the first quarter. Grove Bank & Trust now owns 277 shares of the basic materials company's stock valued at $35,000 after buying an additional 183 shares in the last quarter. Finally, Wayfinding Financial LLC bought a new position in Steel Dynamics during the 1st quarter worth approximately $36,000. Hedge funds and other institutional investors own 82.41% of the company's stock.

Steel Dynamics Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.