Steel Dynamics (NASDAQ:STLD) Issues Q1 2025 Earnings Guidance

Steel Dynamics (NASDAQ:STLD - Get Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.360-1.400 for the period, compared to the consensus EPS estimate of 1.440. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of equities research analysts have 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 research report on Friday, March 7th. The Goldman Sachs Group assumed coverage on shares of Steel Dynamics in a research report on Monday, December 2nd. They issued a "neutral" rating and a $155.00 target price for the company. JPMorgan Chase & Co. increased their target price on shares of Steel Dynamics from $132.00 to $140.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 11th. BNP Paribas upgraded shares of Steel Dynamics from a "neutral" rating to an "outperform" rating in a research report on Friday, January 3rd. Finally, Jefferies Financial Group upgraded shares of Steel Dynamics from a "hold" rating to a "buy" rating and increased their target price for the stock from $125.00 to $145.00 in a research report on Friday, January 24th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $148.56.

Remove Ads

Steel Dynamics Stock Down 3.1 %

Shares of STLD traded down $3.97 during mid-day trading on Friday, hitting $122.67. 6,338,112 shares of the company's stock were exchanged, compared to its average volume of 1,389,419. Steel Dynamics has a twelve month low of $104.60 and a twelve month high of $155.56. The firm has a fifty day moving average of $128.22 and a two-hundred day moving average of $128.00. 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 cap of $18.39 billion, a price-to-earnings ratio of 12.52, a P/E/G ratio of 1.05 and a beta of 1.34.

Steel Dynamics (NASDAQ:STLD - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The basic materials company reported $1.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.69 by ($0.33). Steel Dynamics had a net margin of 8.76% and a return on equity of 17.32%. During the same quarter last year, the business earned $2.61 earnings per share. On average, sell-side analysts forecast that Steel Dynamics will post 9.01 earnings per share for the current year.

Steel Dynamics Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Monday, March 31st will be paid a $0.50 dividend. 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 yield of 1.63%. Steel Dynamics's dividend payout ratio (DPR) is presently 20.41%.

Steel Dynamics declared that its board has initiated a share repurchase plan on Monday, February 24th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the basic materials company to repurchase up to 7.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

Insider Activity at Steel Dynamics

In other Steel Dynamics news, SVP Glenn Pushis sold 23,649 shares of the firm's stock in a transaction 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 sale, the senior vice president now directly owns 122,140 shares in the company, valued at $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 the SEC website. 6.00% of the stock is currently owned by company insiders.

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.