Zacks Research Forecasts Weaker Earnings for Steel Dynamics

Steel Dynamics, Inc. (NASDAQ:STLD) – Stock analysts at Zacks Research decreased their Q2 2025 EPS estimates for shares of Steel Dynamics in a research report issued to clients and investors on Wednesday, July 16th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings of $2.03 per share for the quarter, down from their previous forecast of $2.34. The consensus estimate for Steel Dynamics’ current full-year earnings is $9.01 per share. Zacks Research also issued estimates for Steel Dynamics’ FY2025 earnings at $8.41 EPS, Q2 2026 earnings at $2.83 EPS, FY2026 earnings at $10.84 EPS and FY2027 earnings at $13.76 EPS.

A number of other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. boosted their price target on shares of Steel Dynamics from $138.00 to $150.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. Morgan Stanley upped their target price on shares of Steel Dynamics from $140.00 to $145.00 and gave the stock an “overweight” rating in a research note on Friday, June 20th. UBS Group raised shares of Steel Dynamics from a “neutral” rating to a “buy” rating and set a $149.00 target price on the stock in a research note on Monday, March 24th. Wall Street Zen downgraded shares of Steel Dynamics from a “hold” rating to a “sell” rating in a research note on Friday, April 25th. Finally, BMO Capital Markets raised shares of Steel Dynamics from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $135.00 to $145.00 in a research note on Monday, March 31st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $149.33.

Steel Dynamics Stock Up 2.2%

STLD opened at $134.53 on Monday. The company has a fifty day moving average of $131.65 and a two-hundred day moving average of $127.64. Steel Dynamics has a fifty-two week low of $103.17 and a fifty-two week high of $155.56. The stock has a market capitalization of $19.97 billion, a price-to-earnings ratio of 17.39, a PEG ratio of 1.04 and a beta of 1.37. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.38 and a current ratio of 2.74.

Steel Dynamics (NASDAQ:STLD) last released its earnings results on Monday, July 21st. The basic materials company reported $2.01 EPS for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.55). Steel Dynamics had a return on equity of 13.26% and a net margin of 6.80%. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter last year, the firm earned $2.72 earnings per share.

Steel Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Monday, June 30th were issued a $0.50 dividend. The ex-dividend date was Monday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.49%. Steel Dynamics’s dividend payout ratio is presently 26.42%.

Insider Transactions at Steel Dynamics

In other news, SVP Miguel Alvarez sold 7,495 shares of Steel Dynamics stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $135.26, for a total transaction of $1,013,773.70. Following the completion of the sale, the senior vice president directly owned 125,319 shares in the company, valued at $16,950,647.94. The trade was a 5.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Gabriel Shaheen sold 1,254 shares of Steel Dynamics stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $134.11, for a total transaction of $168,173.94. Following the sale, the director owned 81,812 shares of the company’s stock, valued at approximately $10,971,807.32. This trade represents a 1.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On Steel Dynamics

A number of institutional investors have recently bought and sold shares of STLD. Forum Financial Management LP lifted its position in shares of Steel Dynamics by 2.5% during the fourth quarter. Forum Financial Management LP now owns 3,113 shares of the basic materials company’s stock worth $355,000 after purchasing an additional 75 shares in the last quarter. Harbour Capital Advisors LLC grew its position in shares of Steel Dynamics by 0.5% during the 2nd quarter. Harbour Capital Advisors LLC now owns 14,828 shares of the basic materials company’s stock valued at $1,988,000 after buying an additional 80 shares during the last quarter. Hemington Wealth Management grew its position in Steel Dynamics by 35.9% in the 1st quarter. Hemington Wealth Management now owns 318 shares of the basic materials company’s stock worth $39,000 after purchasing an additional 84 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in Steel Dynamics by 1.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,803 shares of the basic materials company’s stock worth $726,000 after purchasing an additional 91 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in shares of Steel Dynamics by 25.0% in the first quarter. Sunbelt Securities Inc. now owns 500 shares of the basic materials company’s stock valued at $63,000 after acquiring an additional 100 shares in the last quarter. 82.41% of the stock is currently owned by hedge funds and other institutional investors.

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.