Steel Dynamics Q2 EPS Forecast Lowered by Seaport Res Ptn

Steel Dynamics, Inc. (NASDAQ:STLD) – Investment analysts at Seaport Res Ptn cut their Q2 2025 earnings estimates for shares of Steel Dynamics in a research report issued on Wednesday, April 30th. Seaport Res Ptn analyst M. Englert now anticipates that the basic materials company will post earnings of $2.43 per share for the quarter, down from their prior forecast of $2.50. 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 $2.81 EPS.

STLD has been the subject of several other reports. BMO Capital Markets upgraded shares of Steel Dynamics from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $135.00 to $145.00 in a report on Monday, March 31st. UBS Group upgraded shares of Steel Dynamics from a “neutral” rating to a “buy” rating and set a $149.00 price target on the stock in a research note on Monday, March 24th. KeyCorp raised Steel Dynamics from a “sector weight” rating to an “overweight” rating and set a $155.00 target price for the company in a research report on Tuesday, February 11th. BNP Paribas upgraded Steel Dynamics from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Finally, Jefferies Financial Group upgraded shares of Steel Dynamics from a “hold” rating to a “buy” rating and raised their price target for the stock from $125.00 to $145.00 in a research report on Friday, January 24th. One 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 company has a consensus rating of “Moderate Buy” and an average price target of $147.44.

Steel Dynamics Trading Up 3.6 %

Shares of NASDAQ:STLD opened at $134.94 on Friday. Steel Dynamics has a twelve month low of $103.17 and a twelve month high of $155.56. The firm has a market cap of $20.23 billion, a P/E ratio of 13.77, a P/E/G ratio of 1.05 and a beta of 1.35. The company has a 50 day moving average of $123.66 and a 200-day moving average of $128.21. 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 (NASDAQ:STLD) last issued its earnings results on Tuesday, April 22nd. The basic materials company reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.04. Steel Dynamics had a net margin of 8.76% and a return on equity of 17.32%. The company had revenue of $4.37 billion for the quarter, compared to analysts’ expectations of $4.17 billion. During the same period in the prior year, the company earned $3.67 earnings per share.

Hedge Funds Weigh In On Steel Dynamics

A number of institutional investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB bought a new position in Steel Dynamics during the 3rd quarter worth $25,000. Financial Gravity Asset Management Inc. bought a new stake in Steel Dynamics during the 1st quarter valued at $25,000. ORG Wealth Partners LLC acquired a new stake in shares of Steel Dynamics in the 4th quarter worth about $28,000. Grove Bank & Trust lifted its holdings in shares of Steel Dynamics by 194.7% in the first quarter. Grove Bank & Trust now owns 277 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 183 shares in the last quarter. Finally, Wayfinding Financial LLC bought a new position in Steel Dynamics during the 1st quarter valued at $36,000. 82.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Steel Dynamics

In other news, SVP Glenn Pushis sold 23,649 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $134.67, for a total value of $3,184,810.83. Following the completion of the transaction, the senior vice president now directly 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 6.30% of the company’s stock.

Steel Dynamics Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 1.48%. Steel Dynamics’s dividend payout ratio (DPR) is presently 26.42%.

Steel Dynamics announced that its Board of Directors has initiated 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 purchase up to 7.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.

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.