Zacks Research Raises Earnings Estimates for Steel Dynamics

Steel Dynamics, Inc. (NASDAQ:STLD - Free Report) - Equities researchers at Zacks Research upped 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 previous forecast 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.

Steel Dynamics (NASDAQ:STLD - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The basic materials company reported $1.36 earnings per share for the quarter, missing analysts' consensus estimates 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 quarter in the previous year, the business earned $2.61 earnings per share.

Several other research analysts have also recently issued reports on the stock. Morgan Stanley upgraded shares of Steel Dynamics from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $145.00 to $158.00 in a report on Friday, March 7th. Citigroup reduced their target price on Steel Dynamics from $160.00 to $145.00 and set a "buy" rating for the company in a research note on Thursday, December 19th. StockNews.com upgraded Steel Dynamics from a "sell" rating to a "hold" rating in a research note on Thursday, March 6th. UBS Group upgraded shares of Steel Dynamics from a "neutral" rating to a "buy" rating and set a $149.00 price objective for the company in a research report on Monday. Finally, BNP Paribas upgraded Steel Dynamics from a "neutral" rating to an "outperform" rating in a research report on Friday, January 3rd. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $148.56.

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Steel Dynamics Trading Down 0.3 %

Shares of NASDAQ:STLD traded down $0.35 on Monday, hitting $127.99. 1,367,459 shares of the company's stock were exchanged, compared to its average volume of 1,395,743. The stock has a market capitalization of $19.19 billion, a price-to-earnings ratio of 13.06, a price-to-earnings-growth ratio of 1.05 and a beta of 1.34. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.53 and a quick ratio of 1.08. Steel Dynamics has a 12 month low of $104.60 and a 12 month high of $155.56. The business's 50 day simple moving average is $128.44 and its two-hundred day simple moving average is $128.43.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of STLD. Commerce Bank lifted its stake in Steel Dynamics by 1.2% during the third quarter. Commerce Bank now owns 5,981 shares of the basic materials company's stock worth $754,000 after purchasing an additional 73 shares in the last quarter. Forum Financial Management LP grew its position in Steel Dynamics by 2.5% in the 4th quarter. Forum Financial Management LP now owns 3,113 shares of the basic materials company's stock valued at $355,000 after acquiring an additional 75 shares in the last quarter. M&T Bank Corp increased its stake in Steel Dynamics by 0.9% during the third quarter. M&T Bank Corp now owns 10,055 shares of the basic materials company's stock worth $1,267,000 after purchasing an additional 88 shares during the period. Atomi Financial Group Inc. increased its stake in Steel Dynamics by 5.0% during the fourth quarter. Atomi Financial Group Inc. now owns 1,929 shares of the basic materials company's stock worth $220,000 after purchasing an additional 91 shares during the period. Finally, Resonant Capital Advisors LLC lifted its position in shares of Steel Dynamics by 3.3% during the fourth quarter. Resonant Capital Advisors LLC now owns 3,200 shares of the basic materials company's stock worth $366,000 after purchasing an additional 101 shares in the last quarter. Institutional investors and hedge funds own 82.41% of the company's stock.

Insiders Place Their Bets

In other Steel Dynamics news, SVP Glenn Pushis sold 23,649 shares of Steel Dynamics stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $134.67, for a total value of $3,184,810.83. Following the sale, the senior vice president now owns 122,140 shares in the company, valued at $16,448,593.80. The trade was a 16.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.30% of the stock is owned by insiders.

Steel Dynamics Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.50 per share. The ex-dividend date is Monday, March 31st. This is an increase from Steel Dynamics's previous quarterly dividend of $0.46. This represents a $2.00 dividend on an annualized basis and a yield of 1.56%. Steel Dynamics's payout ratio is 20.41%.

Steel Dynamics announced that its Board of Directors has authorized a stock repurchase program on Monday, February 24th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the basic materials company to purchase up to 7.4% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its shares are 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.