Steel Dynamics (STLD) Expected to Announce Earnings on Monday

Key Points

• Steel Dynamics is expected to report Q3 2026 earnings after Monday’s market close. Analysts forecast earnings of $5.39 per share on $6.41 billion in revenue, with the conference call scheduled for Tuesday, October 20.
• The company’s previous quarter exceeded expectations, posting $3.69 EPS versus the $3.63 consensus and $6.09 billion in revenue versus the $5.56 billion estimate. Revenue increased 33.4% year over year.
• Wall Street maintains a “Moderate Buy” consensus, with eight Buy ratings and four Holds and an average price target of $257.45. Steel Dynamics also pays a $0.53 quarterly dividend, equivalent to a 0.9% yield.

Steel Dynamics (NASDAQ:STLD - Get Free Report) is anticipated to release its Q3 2026 results after the market closes on Monday, October 19th. Analysts expect the company to post earnings of $5.39 per share and revenue of $6.41 billion for the quarter. Investors can find conference call details on the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 11:00 AM ET.

Steel Dynamics (NASDAQ:STLD - Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The basic materials company reported $3.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.63 by $0.06. The business had revenue of $6.09 billion during the quarter, compared to analysts' expectations of $5.56 billion. Steel Dynamics had a net margin of 7.83% and a return on equity of 18.12%. The company's revenue for the quarter was up 33.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.01 EPS. On average, analysts expect Steel Dynamics to post $18.13 EPS for the current fiscal year and $20.97 EPS for the next fiscal year.

Steel Dynamics Stock Performance

Shares of STLD stock opened at $238.38 on Monday. The company has a market cap of $34.17 billion, a P/E ratio of 21.61, a PEG ratio of 0.43 and a beta of 1.48. The firm has a fifty day moving average price of $241.17 and a 200 day moving average price of $234.23. The company has a current ratio of 3.18, a quick ratio of 1.45 and a debt-to-equity ratio of 0.45. Steel Dynamics has a 12 month low of $140.87 and a 12 month high of $288.74.

Steel Dynamics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 30th. Steel Dynamics's dividend payout ratio (DPR) is 19.22%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on STLD shares. KeyCorp restated an "overweight" rating on shares of Steel Dynamics in a report on Wednesday, July 22nd. JPMorgan Chase & Co. dropped their target price on shares of Steel Dynamics from $272.00 to $260.00 and set a "neutral" rating on the stock in a research report on Friday. Bank of America cut their price target on shares of Steel Dynamics from $280.00 to $260.00 and set a "neutral" rating on the stock in a research note on Thursday, July 9th. The Goldman Sachs Group initiated coverage on shares of Steel Dynamics in a research report on Wednesday, July 29th. They issued a "buy" rating and a $300.00 price target for the company. Finally, Wells Fargo & Company boosted their price target on shares of Steel Dynamics from $255.00 to $257.00 and gave the company an "overweight" rating in a research report on Friday, September 18th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $257.45.

About Steel Dynamics

Steel Dynamics, Inc is a steel producer and metals recycler headquartered in Fort Wayne, Indiana. Founded in 1993, the company operates electric arc furnace steel mills that use recycled ferrous scrap and other raw materials to manufacture steel products for customers in construction, automotive, manufacturing, energy and other industrial markets.

Its steel operations produce flat-roll steel, long products, structural steel and rail products, along with specialized steel products such as galvanized, painted and other value-added coated materials.

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