Steel Dynamics (STLD) to Release Quarterly Earnings on Monday

Steel Dynamics (NASDAQ:STLDGet Free Report) will likely be posting its Q2 2026 results after the market closes on Monday, July 20th. Analysts expect Steel Dynamics to post earnings of $3.66 per share and revenue of $5.5634 billion for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 11:00 AM ET.

Steel Dynamics (NASDAQ:STLDGet Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The basic materials company reported $2.78 EPS for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.01). Steel Dynamics had a return on equity of 15.54% and a net margin of 7.22%.The business had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.39 billion. During the same quarter in the previous year, the business posted $1.44 earnings per share. The company’s revenue was up 19.1% compared to the same quarter last year. On average, analysts expect Steel Dynamics to post $17 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Steel Dynamics Trading Up 0.2%

NASDAQ:STLD opened at $235.51 on Friday. The stock has a market cap of $34.08 billion, a PE ratio of 25.19, a price-to-earnings-growth ratio of 0.44 and a beta of 1.53. Steel Dynamics has a fifty-two week low of $119.89 and a fifty-two week high of $288.74. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.33. The stock’s 50-day moving average is $245.95 and its two-hundred day moving average is $208.80.

Steel Dynamics Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were issued 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 was Tuesday, June 30th. Steel Dynamics’s dividend payout ratio (DPR) is currently 22.67%.

Analyst Ratings Changes

STLD has been the topic of several research reports. KeyCorp upped their price objective on shares of Steel Dynamics from $241.00 to $262.00 and gave the company an “overweight” rating in a research note on Wednesday, June 24th. Bank of America decreased their target price on shares of Steel Dynamics from $280.00 to $260.00 and set a “neutral” rating for the company in a research note on Thursday, July 9th. Barclays initiated coverage on shares of Steel Dynamics in a research note on Thursday, May 21st. They issued an “overweight” rating and a $270.00 price target on the stock. Wall Street Zen upgraded Steel Dynamics from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Finally, Weiss Ratings raised Steel Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $239.18.

Read Our Latest Stock Report on Steel Dynamics

Insider Buying and Selling at Steel Dynamics

In other Steel Dynamics news, SVP Richard A. Poinsatte sold 2,300 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $234.11, for a total value of $538,453.00. Following the completion of the sale, the senior vice president directly owned 28,618 shares of the company’s stock, valued at $6,699,759.98. The trade was a 7.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Miguel Alvarez sold 4,825 shares of the stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $225.58, for a total transaction of $1,088,423.50. Following the transaction, the senior vice president owned 122,257 shares in the company, valued at approximately $27,578,734.06. This trade represents a 3.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 22,125 shares of company stock valued at $5,438,226 over the last three months. 6.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Steel Dynamics

Several hedge funds have recently bought and sold shares of STLD. Invesco Ltd. boosted its stake in shares of Steel Dynamics by 6.3% during the 4th quarter. Invesco Ltd. now owns 1,965,092 shares of the basic materials company’s stock worth $332,985,000 after acquiring an additional 116,379 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Steel Dynamics by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,444,012 shares of the basic materials company’s stock valued at $244,688,000 after acquiring an additional 9,173 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Steel Dynamics by 23.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,308,702 shares of the basic materials company’s stock valued at $221,760,000 after acquiring an additional 249,442 shares in the last quarter. Nuveen LLC lifted its holdings in Steel Dynamics by 28.0% in the 4th quarter. Nuveen LLC now owns 1,212,587 shares of the basic materials company’s stock worth $205,473,000 after purchasing an additional 265,178 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Steel Dynamics by 34.7% in the 2nd quarter. Bank of America Corp DE now owns 1,028,947 shares of the basic materials company’s stock worth $131,715,000 after purchasing an additional 264,827 shares during the last quarter. 82.41% of the stock is owned by institutional investors and hedge funds.

Steel Dynamics Company Profile

(Get Free Report)

Steel Dynamics, Inc is a U.S.-based, diversified steel producer and metals recycler that operates an integrated network of mini-mills, finishing lines and fabrication facilities. Founded in 1993 and headquartered in Fort Wayne, Indiana, the company manufactures a broad range of steel products and provides downstream processing, coating and fabrication services to industrial customers. Its operations combine steelmaking using electric-arc furnaces with extensive metals recycling capabilities, allowing Steel Dynamics to convert scrap ferrous and nonferrous materials into finished steel products.

The company’s product portfolio includes flat-rolled steel (coiled and sheet products), structural steel and fabricated components, along with coated and painted steel used in consumer, industrial and construction applications.

Featured Articles

Earnings History for Steel Dynamics (NASDAQ:STLD)

Receive News & Ratings for Steel Dynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steel Dynamics and related companies with MarketBeat.com's FREE daily email newsletter.