Zacks Research Expects Stronger Earnings for Steel Dynamics

Steel Dynamics, Inc. (NASDAQ:STLD) – Stock analysts at Zacks Research raised their Q2 2025 earnings per share (EPS) estimates for Steel Dynamics in a research note issued to investors on Wednesday, March 19th. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings of $1.87 per share for the quarter, up from their prior estimate of $1.82. The consensus estimate for Steel Dynamics’ current full-year earnings is $9.01 per share. Zacks Research also issued estimates for Steel Dynamics’ Q3 2025 earnings at $2.54 EPS, Q4 2025 earnings at $1.99 EPS, FY2025 earnings at $7.78 EPS, Q1 2026 earnings at $2.80 EPS, Q2 2026 earnings at $2.81 EPS, Q3 2026 earnings at $3.23 EPS, Q4 2026 earnings at $1.95 EPS and FY2026 earnings at $10.79 EPS.

Several other research analysts have also commented on STLD. BNP Paribas upgraded Steel Dynamics from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. UBS Group upgraded Steel Dynamics from a “neutral” rating to a “buy” rating and set a $149.00 target price for the company in a report on Monday. Jefferies Financial Group raised Steel Dynamics from a “hold” rating to a “buy” rating and boosted their target price for the company from $125.00 to $145.00 in a research report on Friday, January 24th. Wolfe Research upgraded Steel Dynamics from an “underperform” rating to a “peer perform” rating in a research report on Thursday, February 27th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Steel Dynamics from $132.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, March 11th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, Steel Dynamics has an average rating of “Moderate Buy” and an average price target of $148.56.

Steel Dynamics Stock Performance

Shares of NASDAQ:STLD opened at $128.00 on Monday. The firm has a fifty day simple moving average of $128.38 and a two-hundred day simple moving average of $128.43. Steel Dynamics has a 52 week low of $104.60 and a 52 week high of $155.56. The company has a quick ratio of 1.08, a current ratio of 2.53 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $19.19 billion, a P/E ratio of 13.06, a PEG ratio of 1.05 and a beta of 1.34.

Steel Dynamics (NASDAQ:STLD) last issued its quarterly earnings data on Wednesday, January 22nd. The basic materials company reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.33). Steel Dynamics had a return on equity of 17.32% and a net margin of 8.76%. During the same period in the previous year, the firm earned $2.61 EPS.

Steel Dynamics announced that its Board of Directors has approved a share buyback program on Monday, February 24th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the basic materials company to reacquire up to 7.4% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its stock is undervalued.

Steel Dynamics Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Monday, March 31st will be given a dividend of $0.50 per share. The ex-dividend date is Monday, March 31st. This is a positive change from Steel Dynamics’s previous quarterly dividend of $0.46. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.56%. Steel Dynamics’s dividend payout ratio (DPR) is 20.41%.

Insider Transactions at Steel Dynamics

In other Steel Dynamics news, SVP Glenn Pushis sold 23,649 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $134.67, for a total transaction of $3,184,810.83. Following the transaction, the senior vice president now owns 122,140 shares of the company’s stock, valued at approximately $16,448,593.80. This trade represents a 16.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 6.00% of the company’s stock.

Hedge Funds Weigh In On Steel Dynamics

A number of hedge funds and other institutional investors have recently modified their holdings of STLD. Quest Partners LLC bought a new stake in Steel Dynamics during the 3rd quarter valued at $62,000. PNC Financial Services Group Inc. lifted its position in Steel Dynamics by 3.1% during the third quarter. PNC Financial Services Group Inc. now owns 20,177 shares of the basic materials company’s stock valued at $2,544,000 after acquiring an additional 604 shares during the last quarter. Commerce Bank boosted its stake in Steel Dynamics by 1.2% in the third quarter. Commerce Bank now owns 5,981 shares of the basic materials company’s stock valued at $754,000 after acquiring an additional 73 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in Steel Dynamics by 4.8% in the third quarter. Advisors Asset Management Inc. now owns 14,549 shares of the basic materials company’s stock worth $1,834,000 after purchasing an additional 661 shares during the last quarter. Finally, Citizens Financial Group Inc. RI acquired a new position in shares of Steel Dynamics during the third quarter worth $200,000. 82.41% of the stock is currently owned by institutional investors.

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.