Zacks Research Raises Earnings Estimates for Steel Dynamics

Steel Dynamics, Inc. (NASDAQ:STLD) – Investment analysts at Zacks Research boosted their Q2 2025 earnings per share (EPS) estimates for Steel Dynamics in a research report issued to clients and investors on Wednesday, March 19th. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings per share of $1.87 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.

Steel Dynamics (NASDAQ:STLD) last announced its quarterly earnings results 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 net margin of 8.76% and a return on equity of 17.32%. During the same quarter last year, the firm earned $2.61 EPS.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. boosted their price objective on Steel Dynamics from $132.00 to $140.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 11th. The Goldman Sachs Group initiated coverage on Steel Dynamics in a report on Monday, December 2nd. They issued a “neutral” rating and a $155.00 price target for the company. Jefferies Financial Group raised shares of Steel Dynamics from a “hold” rating to a “buy” rating and increased their price objective for the company from $125.00 to $145.00 in a research report on Friday, January 24th. StockNews.com raised shares of Steel Dynamics from a “sell” rating to a “hold” rating in a research report on Thursday, March 6th. Finally, KeyCorp raised shares of Steel Dynamics from a “sector weight” rating to an “overweight” rating and set a $155.00 price target for the company in a report on Tuesday, February 11th. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Steel Dynamics presently has an average rating of “Moderate Buy” and an average target price of $148.56.

Steel Dynamics Stock Performance

NASDAQ:STLD opened at $126.66 on Monday. Steel Dynamics has a twelve month low of $104.60 and a twelve month high of $155.56. The firm has a market capitalization of $18.99 billion, a price-to-earnings ratio of 12.92, a PEG ratio of 1.05 and a beta of 1.34. 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 firm’s fifty day simple moving average is $128.29 and its 200 day simple moving average is $128.31.

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

Steel Dynamics Increases Dividend

The business also recently declared 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. This is a boost from Steel Dynamics’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 1.58%. Steel Dynamics’s dividend payout ratio (DPR) is presently 20.41%.

Insider Buying and Selling

In related news, SVP Glenn Pushis sold 23,649 shares of the firm’s stock in a transaction on Tuesday, February 11th. The stock was 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 directly owns 122,140 shares in the company, valued at $16,448,593.80. This trade represents a 16.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 6.00% of the company’s stock.

Institutional Trading of Steel Dynamics

Several institutional investors have recently added to or reduced their stakes in STLD. Wilmington Savings Fund Society FSB acquired a new position in shares of Steel Dynamics in the 3rd quarter valued at about $25,000. ORG Wealth Partners LLC acquired a new position in Steel Dynamics in the fourth quarter valued at approximately $28,000. Private Trust Co. NA grew its holdings 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 purchasing an additional 245 shares during the last quarter. IAG Wealth Partners LLC acquired a new stake in shares of Steel Dynamics during the 4th quarter worth approximately $39,000. Finally, Investment Management Corp VA ADV bought a new stake in shares of Steel Dynamics in the 4th quarter worth approximately $40,000. Institutional investors own 82.41% of the company’s stock.

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.