Steel Dynamics (NASDAQ:STLD) Updates Q2 2025 Earnings Guidance

Steel Dynamics (NASDAQ:STLD - Get Free Report) updated its second quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.000-2.040 for the period, compared to the consensus estimate of 2.640. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on STLD shares. Wall Street Zen cut shares of Steel Dynamics from a "hold" rating to a "sell" rating in a research note on Friday, April 25th. UBS Group raised Steel Dynamics from a "neutral" rating to a "buy" rating and set a $149.00 target price on the stock in a report on Monday, March 24th. JPMorgan Chase & Co. upped their price target on shares of Steel Dynamics from $135.00 to $138.00 and gave the company a "neutral" rating in a report on Thursday, April 24th. Wolfe Research raised Steel Dynamics from an "underperform" rating to a "peer perform" rating in a research report on Thursday, February 27th. Finally, Morgan Stanley set a $140.00 price objective on shares of Steel Dynamics and gave the company an "overweight" rating in a research note on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $147.44.

Steel Dynamics Stock Performance

Shares of NASDAQ STLD opened at $134.15 on Wednesday. Steel Dynamics has a 12 month low of $103.17 and a 12 month high of $155.56. The company has a quick ratio of 1.38, a current ratio of 2.74 and a debt-to-equity ratio of 0.44. The company has a market cap of $19.91 billion, a P/E ratio of 17.51, a P/E/G ratio of 0.93 and a beta of 1.38. The business's 50 day moving average is $128.59 and its two-hundred day moving average is $126.52.

Steel Dynamics (NASDAQ:STLD - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The basic materials company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.40 by $0.04. The firm had revenue of $4.37 billion during the quarter, compared to analysts' expectations of $4.17 billion. Steel Dynamics had a return on equity of 13.26% and a net margin of 6.80%. During the same period last year, the business earned $3.67 earnings per share. On average, equities analysts expect that Steel Dynamics will post 9.01 EPS for the current year.

Steel Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Monday, June 30th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.49%. The ex-dividend date is Monday, June 30th. Steel Dynamics's dividend payout ratio is currently 26.42%.

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

Insider Transactions at Steel Dynamics

In related news, SVP Miguel Alvarez sold 7,495 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, the senior vice president now directly owns 125,319 shares in the company, valued at approximately $16,950,647.94. The trade was a 5.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gabriel Shaheen sold 1,254 shares of Steel Dynamics stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $134.11, for a total transaction of $168,173.94. Following the completion of the transaction, the director now directly 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 disclosure for this sale can be found here. 6.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Steel Dynamics

A hedge fund recently raised its stake in Steel Dynamics stock. NewEdge Advisors LLC grew its stake in shares of Steel Dynamics, Inc. (NASDAQ:STLD - Free Report) by 307.5% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 819 shares of the basic materials company's stock after acquiring an additional 618 shares during the quarter. NewEdge Advisors LLC's holdings in Steel Dynamics were worth $102,000 as of its most recent SEC filing. 82.41% of the stock is currently owned by institutional investors.

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.

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