Steel Dynamics, Inc. (NASDAQ:STLD - Free Report) - Equities research analysts at Seaport Res Ptn lowered their Q2 2025 EPS estimates for Steel Dynamics in a report released on Monday, June 16th. Seaport Res Ptn analyst M. Englert now anticipates that the basic materials company will earn $2.37 per share for the quarter, down from their previous forecast of $2.43. The consensus estimate for Steel Dynamics' current full-year earnings is $9.01 per share. Seaport Res Ptn also issued estimates for Steel Dynamics' Q2 2026 earnings at $3.97 EPS, Q3 2026 earnings at $4.07 EPS and Q4 2026 earnings at $3.98 EPS.
Steel Dynamics (NASDAQ:STLD - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The basic materials company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.40 by $0.04. The company had revenue of $4.37 billion for the quarter, compared to analyst estimates of $4.17 billion. Steel Dynamics had a net margin of 6.80% and a return on equity of 13.26%. During the same period in the prior year, the firm posted $3.67 earnings per share.
STLD has been the subject of several other reports. JPMorgan Chase & Co. increased their price objective on Steel Dynamics from $135.00 to $138.00 and gave the company a "neutral" rating in a report on Thursday, April 24th. Morgan Stanley set a $140.00 price objective on Steel Dynamics and gave the company an "overweight" rating in a report on Thursday, April 24th. Wolfe Research raised Steel Dynamics from an "underperform" rating to a "peer perform" rating in a report on Thursday, February 27th. UBS Group raised Steel Dynamics from a "neutral" rating to a "buy" rating and set a $149.00 target price for the company in a report on Monday, March 24th. Finally, Wall Street Zen downgraded Steel Dynamics from a "hold" rating to a "sell" rating in a report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $147.44.
Read Our Latest Research Report on Steel Dynamics
Steel Dynamics Price Performance
STLD stock opened at $133.16 on Wednesday. The company has a market capitalization of $19.77 billion, a P/E ratio of 17.59, a PEG ratio of 0.93 and a beta of 1.38. Steel Dynamics has a twelve month low of $103.17 and a twelve month high of $155.56. The business has a 50 day simple moving average of $128.59 and a 200-day simple moving average of $126.52. The company has a current ratio of 2.74, a quick ratio of 1.38 and a debt-to-equity ratio of 0.44.
Steel Dynamics declared that its Board of Directors has initiated a share buyback plan on Monday, February 24th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the basic materials company to repurchase up to 7.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.
Steel Dynamics Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Monday, June 30th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Monday, June 30th. Steel Dynamics's dividend payout ratio is presently 26.42%.
Insider Buying and Selling
In other news, Director Gabriel Shaheen sold 1,254 shares of the business's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $134.11, for a total transaction of $168,173.94. Following the completion of the sale, the director now owns 81,812 shares in the company, valued at approximately $10,971,807.32. The trade was a 1.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Miguel Alvarez sold 7,495 shares of the business's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $135.26, for a total value of $1,013,773.70. Following the sale, the senior vice president now owns 125,319 shares of the company's stock, valued at $16,950,647.94. The trade was a 5.64% decrease in their position. The disclosure for this sale can be found here. 6.30% of the stock is currently owned by company insiders.
Institutional Trading of Steel Dynamics
A number of institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp lifted its position in Steel Dynamics by 41.8% during the 4th quarter. Jones Financial Companies Lllp now owns 3,794 shares of the basic materials company's stock worth $433,000 after acquiring an additional 1,119 shares in the last quarter. Orion Portfolio Solutions LLC raised its position in shares of Steel Dynamics by 63.4% in the 4th quarter. Orion Portfolio Solutions LLC now owns 7,354 shares of the basic materials company's stock valued at $839,000 after purchasing an additional 2,854 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Steel Dynamics in the 4th quarter valued at approximately $5,883,000. Raymond James Financial Inc. acquired a new position in shares of Steel Dynamics in the 4th quarter valued at approximately $16,495,000. Finally, Principal Securities Inc. raised its position in shares of Steel Dynamics by 38.7% in the 4th quarter. Principal Securities Inc. now owns 2,238 shares of the basic materials company's stock valued at $255,000 after purchasing an additional 625 shares in the last quarter. Hedge funds and other institutional investors own 82.41% of the company's stock.
Steel Dynamics Company Profile
(
Get Free Report)
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.
Featured Articles
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.
Before you consider Steel Dynamics, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Steel Dynamics wasn't on the list.
While Steel Dynamics currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
