Zacks Research Forecasts Higher Earnings for Steel Dynamics

Steel Dynamics, Inc. (NASDAQ:STLD) – Equities researchers at Zacks Research upped their Q4 2025 EPS estimates for Steel Dynamics in a research note issued to investors on Wednesday, July 16th. Zacks Research analyst R. Department now forecasts that the basic materials company will earn $2.07 per share for the quarter, up from their prior estimate of $2.03. The consensus estimate for Steel Dynamics’ current full-year earnings is $9.01 per share. Zacks Research also issued estimates for Steel Dynamics’ Q4 2026 earnings at $2.01 EPS and Q2 2027 earnings at $2.43 EPS.

Several other equities analysts also recently commented on the stock. UBS Group raised shares of Steel Dynamics from a “neutral” rating to a “buy” rating and set a $149.00 target price on the stock in a research report on Monday, March 24th. JPMorgan Chase & Co. increased their target price on shares of Steel Dynamics from $138.00 to $150.00 and gave the stock a “neutral” rating in a research report on Monday, July 14th. BMO Capital Markets raised shares of Steel Dynamics from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $135.00 to $145.00 in a research report on Monday, March 31st. Wall Street Zen downgraded shares of Steel Dynamics from a “hold” rating to a “sell” rating in a research report on Friday, April 25th. Finally, Morgan Stanley raised their price target on Steel Dynamics from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Friday, June 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Steel Dynamics presently has a consensus rating of “Moderate Buy” and an average target price of $149.33.

Steel Dynamics Trading Up 0.4%

Steel Dynamics stock opened at $131.63 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.74 and a quick ratio of 1.38. The company has a market capitalization of $19.54 billion, a price-to-earnings ratio of 17.39, a PEG ratio of 1.02 and a beta of 1.37. Steel Dynamics has a one year low of $103.17 and a one year high of $155.56. The company’s fifty day moving average price is $131.65 and its two-hundred day moving average price is $127.43.

Steel Dynamics (NASDAQ:STLD) last posted its quarterly 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 6.80% and a return on equity of 13.26%. The business had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.17 billion. During the same period in the prior year, the business posted $3.67 earnings per share.

Institutional Investors Weigh In On Steel Dynamics

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ritholtz Wealth Management increased its stake in shares of Steel Dynamics by 24.4% during the 1st quarter. Ritholtz Wealth Management now owns 6,687 shares of the basic materials company’s stock worth $836,000 after purchasing an additional 1,310 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Steel Dynamics by 10.4% during the 1st quarter. Farther Finance Advisors LLC now owns 1,535 shares of the basic materials company’s stock worth $190,000 after acquiring an additional 145 shares during the period. Orion Portfolio Solutions LLC lifted its holdings in shares of Steel Dynamics by 63.4% during the 4th quarter. Orion Portfolio Solutions LLC now owns 7,354 shares of the basic materials company’s stock worth $839,000 after acquiring an additional 2,854 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Steel Dynamics by 31.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 27,511 shares of the basic materials company’s stock worth $3,441,000 after acquiring an additional 6,604 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Steel Dynamics in the 4th quarter valued at approximately $16,495,000. 82.41% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Miguel Alvarez sold 7,495 shares of the business’s stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $135.26, for a total value of $1,013,773.70. Following the sale, the senior vice president directly owned 125,319 shares of the company’s stock, valued at approximately $16,950,647.94. The trade was a 5.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 sale, the director directly owned 81,812 shares in the company, valued at $10,971,807.32. This trade represents a 1.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 6.30% of the company’s stock.

Steel Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Monday, June 30th were given a dividend of $0.50 per share. The ex-dividend date was Monday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.52%. Steel Dynamics’s dividend payout ratio is 26.42%.

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.