Steel Dynamics Q3 EPS Forecast Decreased by Seaport Res Ptn

Key Points

• Seaport Res Ptn has reduced their Q3 2025 earnings estimate for Steel Dynamics from $2.92 to $2.77 per share, while the full-year earnings estimate remains at $9.01 per share.
• Despite a recent earnings miss, several analysts, including Morgan Stanley and JPMorgan Chase, have raised their target prices for Steel Dynamics, with an average target price now standing at $148.70.
• The company announced a quarterly dividend of $0.50 per share, representing a 1.5% dividend yield as of October 10th, with a payout ratio of 29.15%.

Steel Dynamics, Inc. (NASDAQ:STLD - Free Report) - Analysts at Seaport Res Ptn reduced their Q3 2025 EPS estimates for Steel Dynamics in a research report issued to clients and investors on Wednesday, September 10th. Seaport Res Ptn analyst M. Englert now anticipates that the basic materials company will post earnings per share of $2.77 for the quarter, down from their prior forecast of $2.92. 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 $2.34 EPS, FY2025 earnings at $8.56 EPS, Q4 2026 earnings at $3.57 EPS and FY2026 earnings at $13.73 EPS.

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

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

Steel Dynamics Stock Down 0.9%

STLD stock traded down $1.31 during midday trading on Friday, hitting $138.37. The stock had a trading volume of 577,653 shares, compared to its average volume of 1,574,495. The firm has a market cap of $20.37 billion, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 1.07 and a beta of 1.40. The business has a 50-day moving average of $129.62 and a two-hundred day moving average of $128.05. Steel Dynamics has a 52-week low of $103.17 and a 52-week high of $155.56. 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 Announces Dividend

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

Insider Activity

In other Steel Dynamics news, SVP Christopher A. Graham sold 12,000 shares of the 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 directly 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 6.30% of the company's stock.

Institutional Trading of Steel Dynamics

Institutional investors have recently bought and sold shares of the stock. Financial Gravity Asset Management Inc. acquired a new stake in Steel Dynamics during the 1st quarter valued at approximately $25,000. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Steel Dynamics by 493.9% in 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 buying an additional 163 shares during the period. Trust Co. of Toledo NA OH acquired a new position in Steel Dynamics in the second quarter valued at approximately $30,000. Zions Bancorporation National Association UT acquired a new position in Steel Dynamics in the first quarter valued at approximately $32,000. Finally, WPG Advisers LLC acquired a new position in Steel Dynamics in the first quarter valued at approximately $32,000. 82.41% of the stock is currently owned by institutional investors and hedge funds.

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.