Q2 EPS Estimates for Steel Dynamics Raised by Zacks Research

Steel Dynamics, Inc. (NASDAQ:STLD) – Equities researchers at Zacks Research raised their Q2 2025 EPS estimates for Steel Dynamics in a research note issued to investors on Wednesday, March 19th. Zacks Research analyst R. Department now expects that the basic materials company will earn $1.87 per share for the quarter, up from their previous 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 issued its quarterly earnings data on Wednesday, January 22nd. The basic materials company reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate 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 period last year, the firm posted $2.61 earnings per share.

A number of other brokerages also recently issued reports on STLD. The Goldman Sachs Group began coverage on shares of Steel Dynamics in a report on Monday, December 2nd. They set a “neutral” rating and a $155.00 price target on the stock. Morgan Stanley raised Steel Dynamics from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $145.00 to $158.00 in a report on Friday, March 7th. JPMorgan Chase & Co. raised their price objective on Steel Dynamics from $132.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, March 11th. Citigroup reduced their target price on Steel Dynamics from $160.00 to $145.00 and set a “buy” rating for the company in a research note on Thursday, December 19th. Finally, UBS Group raised shares of Steel Dynamics from a “neutral” rating to a “buy” rating and set a $149.00 price target on the stock in a research note on Monday. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $148.56.

Steel Dynamics Trading Up 1.1 %

Steel Dynamics stock opened at $128.00 on Monday. 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 has a market cap of $19.19 billion, a PE ratio of 13.06, a P/E/G ratio of 1.05 and a beta of 1.34. The stock’s 50 day simple moving average is $128.38 and its two-hundred day simple moving average is $128.43. Steel Dynamics has a 12 month low of $104.60 and a 12 month high of $155.56.

Steel Dynamics Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.56%. The ex-dividend date is Monday, March 31st. This is a boost from Steel Dynamics’s previous quarterly dividend of $0.46. Steel Dynamics’s payout ratio is 20.41%.

Steel Dynamics announced that its board has authorized a stock repurchase plan on Monday, February 24th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the basic materials company to reacquire up to 7.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Steel Dynamics

In other news, SVP Glenn Pushis sold 23,649 shares of the business’s stock in a transaction that occurred 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. The trade was a 16.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 6.00% of the company’s stock.

Hedge Funds Weigh In On Steel Dynamics

A number of institutional investors have recently added to or reduced their stakes in the stock. Harbour Capital Advisors LLC increased its stake in shares of Steel Dynamics by 133.7% in the 4th quarter. Harbour Capital Advisors LLC now owns 11,499 shares of the basic materials company’s stock worth $1,301,000 after acquiring an additional 6,579 shares during the last quarter. Oak Thistle LLC purchased a new stake in shares of Steel Dynamics in the fourth quarter valued at about $1,725,000. Foster & Motley Inc. increased its position in Steel Dynamics by 8.0% during the fourth quarter. Foster & Motley Inc. now owns 35,299 shares of the basic materials company’s stock worth $4,027,000 after purchasing an additional 2,602 shares during the last quarter. Larson Financial Group LLC increased its position in Steel Dynamics by 9,465.5% during the third quarter. Larson Financial Group LLC now owns 18,844 shares of the basic materials company’s stock worth $2,376,000 after purchasing an additional 18,647 shares during the last quarter. Finally, Nordea Investment Management AB raised its stake in Steel Dynamics by 22.4% during the fourth quarter. Nordea Investment Management AB now owns 1,384,526 shares of the basic materials company’s stock worth $158,487,000 after purchasing an additional 253,802 shares during the period. 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.