Steel Dynamics Q1 EPS Estimate Reduced by Zacks Research

Steel Dynamics, Inc. (NASDAQ:STLD - Free Report) - Analysts at Zacks Research reduced their Q1 2025 earnings estimates for Steel Dynamics in a research note issued to investors on Tuesday, February 11th. Zacks Research analyst R. Department now expects that the basic materials company will earn $1.41 per share for the quarter, down from their prior estimate of $1.72. The consensus estimate for Steel Dynamics' current full-year earnings is $8.90 per share. Zacks Research also issued estimates for Steel Dynamics' Q2 2025 earnings at $1.82 EPS, FY2025 earnings at $7.26 EPS, Q1 2026 earnings at $2.93 EPS and Q2 2026 earnings at $2.96 EPS.

A number of other brokerages have also issued reports on STLD. Jefferies Financial Group upgraded shares of Steel Dynamics from a "hold" rating to a "buy" rating and boosted their price target for the stock from $125.00 to $145.00 in a research note on Friday, January 24th. Citigroup dropped their price target on shares of Steel Dynamics from $160.00 to $145.00 and set a "buy" rating on the stock in a research note on Thursday, December 19th. StockNews.com upgraded shares of Steel Dynamics from a "sell" rating to a "hold" rating in a research note on Thursday, February 13th. Morgan Stanley boosted their price target on shares of Steel Dynamics from $131.00 to $145.00 and gave the stock an "equal weight" rating in a research note on Monday, February 3rd. Finally, UBS Group restated a "neutral" rating and set a $149.00 target price (up from $145.00) on shares of Steel Dynamics in a research report on Thursday, December 12th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Steel Dynamics presently has an average rating of "Hold" and a consensus price target of $146.22.

Steel Dynamics Stock Performance

Shares of Steel Dynamics stock traded up $3.23 on Friday, reaching $139.06. 1,797,549 shares of the stock were exchanged, compared to its average volume of 1,837,140. Steel Dynamics has a 1-year low of $104.60 and a 1-year high of $155.56. The company has a current ratio of 2.53, a quick ratio of 1.08 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average price of $123.39 and a two-hundred day moving average price of $126.61. The firm has a market capitalization of $21.17 billion, a PE ratio of 14.19 and a beta of 1.35.

Steel Dynamics (NASDAQ:STLD - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The basic materials company reported $1.36 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 in the previous year, the firm earned $2.61 earnings per share.

Insider Buying and Selling at Steel Dynamics

In other Steel Dynamics news, SVP Glenn Pushis sold 23,649 shares of the company's stock in a transaction dated 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 owns 122,140 shares of the company's stock, valued at $16,448,593.80. This represents a 16.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 6.00% of the company's stock.

Institutional Trading of Steel Dynamics

Several institutional investors and hedge funds have recently modified their holdings of STLD. Wilmington Savings Fund Society FSB purchased a new stake in shares of Steel Dynamics in the third quarter valued at about $25,000. ORG Wealth Partners LLC purchased a new position in shares of Steel Dynamics during the fourth quarter valued at approximately $28,000. Private Trust Co. NA lifted its stake in shares of Steel Dynamics by 532.6% during the third quarter. Private Trust Co. NA now owns 291 shares of the basic materials company's stock valued at $37,000 after buying an additional 245 shares during the period. IAG Wealth Partners LLC purchased a new position in shares of Steel Dynamics during the fourth quarter valued at approximately $39,000. Finally, Investment Management Corp VA ADV purchased a new position in shares of Steel Dynamics during the fourth quarter valued at approximately $40,000. Hedge funds and other institutional investors own 82.41% of the company's stock.

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.