Steel Dynamics (STLD) Stock Forecast & Price Target

$127.36 +3.36 (+2.71%)

Closing price 04:00 PM Eastern

Extended Trading

$125.21 -2.15 (-1.69%)

As of 04:31 PM Eastern

Steel Dynamics - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 11 Analyst Ratings

Sell
0

Hold
3

Buy
8

Based on 11 Wall Street analysts who have issued ratings for Steel Dynamics in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 3 have given a hold rating, and 8 have given a buy rating for STLD.

Consensus Price Target

$149.67
17.51% Upside

According to the 11 analysts' twelve-month price targets for Steel Dynamics, the average price target is $149.67. The highest price target for STLD is $158.00, while the lowest price target for STLD is $140.00. The average price target represents a forecasted upside of 17.51% from the current price of $127.36.

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STLD Analyst Ratings Over Time

Type	Current Forecast 4/2/24 to 4/2/25	1 Month Ago 3/3/24 to 3/3/25	3 Months Ago 1/3/24 to 1/2/25	1 Year Ago 4/3/23 to 4/2/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	5 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	3 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$149.67	$146.22	$144.25	$118.13
Forecasted Upside	17.51% Upside	12.05% Upside	28.88% Upside	-20.13% Downside
Consensus Rating	Moderate Buy	Hold	Hold	Hold

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STLD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

STLD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Steel Dynamics Stock vs. The Competition

Type	Steel Dynamics	Basic Materials Companies	S&P 500
Consensus Rating Score	2.73	2.79	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	20.70% Upside	149.89% Upside	19.02% Upside
News Sentiment Rating	Positive News See Recent STLD News	Neutral News	Positive News

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Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/31/2025	BMO Capital Markets 4 of 5 stars	Katja Jancic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$135.00 ➝ $145.00	+16.96%
3/24/2025	UBS Group 4 of 5 stars	A. Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$149.00	+21.46%
3/11/2025	JPMorgan Chase & Co. 3 of 5 stars	Bill Peterson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$132.00 ➝ $140.00	+15.08%
3/7/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Carlos De Alba Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$145.00 ➝ $158.00	+26.15%
2/27/2025	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Tanners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Peer Perform
2/11/2025	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Philip Gibbs Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Weight ➝ Overweight	$155.00	+16.66%
1/24/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Christopher LeFemina Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$125.00 ➝ $145.00	+18.49%
1/3/2025	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Gresser Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform
12/19/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$160.00 ➝ $145.00	+25.55%
12/2/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Harris Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$155.00	+6.70%
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10/1/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$140.00 ➝ $155.00	+22.94%
4/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$106.00 ➝ $115.00	+3.18%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:32 PM ET.

Should I Buy Steel Dynamics Stock? STLD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, March 28, 2025. Please send any questions or comments about these Steel Dynamics pros and cons to contact@marketbeat.com.

Steel Dynamics
Bull Case

Here are some ways that investors could benefit from investing in Steel Dynamics, Inc.:

Steel Dynamics, Inc. has recently increased its quarterly dividend to $0.50, up from $0.46, indicating a commitment to returning value to shareholders. This translates to an annualized dividend of $2.00, providing a yield of 1.58%, which can be attractive for income-focused investors.
The company has a low payout ratio of 20.41%, suggesting that it retains a significant portion of its earnings for reinvestment or future dividends, which can support growth and stability.
Steel Dynamics, Inc. has announced a stock buyback plan authorizing the repurchase of $1.50 billion in shares, which typically signals that the board believes the stock is undervalued and can enhance shareholder value by reducing the number of shares outstanding.
Recent analyst upgrades, including a price target increase to $155.00 from KeyCorp, reflect positive sentiment and potential for stock price appreciation, which could benefit investors looking for capital gains.
The current stock price is approximately $134.67, which may present a buying opportunity for investors looking to enter at a favorable valuation, especially given the positive outlook from multiple analysts.

Steel Dynamics
Bear Case

Investors should be bearish about investing in Steel Dynamics, Inc. for these reasons:

Despite the positive developments, the stock has seen insider selling, with a senior vice president recently selling over 23,000 shares. This could raise concerns about the confidence of insiders in the company's future performance.
The dividend yield of 1.58% may be considered low compared to other investment opportunities, which could deter income-focused investors seeking higher returns.
While the stock buyback plan is a positive sign, it also indicates that the company may not have other high-return investment opportunities available, which could limit growth potential.
Analysts have mixed ratings, with five holding a "hold" rating, suggesting that there may be uncertainty about the stock's future performance, which could be a red flag for potential investors.
The overall market conditions and economic factors affecting the steel industry could pose risks, as fluctuations in demand and pricing can impact Steel Dynamics, Inc.'s profitability and stock performance.

STLD Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Steel Dynamics is $149.67, with a high forecast of $158.00 and a low forecast of $140.00.
: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" STLD shares.
: According to analysts, Steel Dynamics's stock has a predicted upside of 17.51% based on their 12-month stock forecasts.
: Over the previous 90 days, Steel Dynamics's stock had 7 upgrades by analysts.
: Steel Dynamics has been rated by research analysts at BMO Capital Markets, BNP Paribas, Jefferies Financial Group, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, UBS Group, and Wolfe Research in the past 90 days.
: Analysts like Steel Dynamics less than other "basic materials" companies. The consensus rating score for Steel Dynamics is 2.73 while the average consensus rating score for "basic materials" companies is 2.79. Learn more on how STLD compares to other companies.

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This page (NASDAQ:STLD) was last updated on 4/2/2025 by MarketBeat.com Staff

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Steel Dynamics (STLD) Stock Forecast & Price Target