Seaport Res Ptn Predicts Weaker Earnings for Steel Dynamics

Steel Dynamics, Inc. (NASDAQ:STLD) – Investment analysts at Seaport Res Ptn reduced their Q3 2025 earnings estimates for Steel Dynamics in a research report issued to clients and investors on Wednesday, April 30th. Seaport Res Ptn analyst M. Englert now expects that the basic materials company will post earnings per share of $3.49 for the quarter, down from their prior estimate of $3.64. The consensus estimate for Steel Dynamics’ current full-year earnings is $9.01 per share. Seaport Res Ptn also issued estimates for Steel Dynamics’ FY2025 earnings at $10.16 EPS, Q1 2026 earnings at $3.35 EPS, Q2 2026 earnings at $3.86 EPS, Q3 2026 earnings at $3.96 EPS, Q4 2026 earnings at $3.88 EPS and FY2026 earnings at $15.04 EPS.

A number of other research firms have also recently weighed in on STLD. StockNews.com cut Steel Dynamics from a “hold” rating to a “sell” rating in a research report on Friday, April 25th. KeyCorp upgraded 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 research report on Tuesday, February 11th. BMO Capital Markets upgraded shares of Steel Dynamics from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $135.00 to $145.00 in a research report on Monday, March 31st. UBS Group upgraded 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. Finally, Morgan Stanley set a $140.00 price target on Steel Dynamics and gave the company an “overweight” rating in a report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $147.44.

Steel Dynamics Stock Performance

NASDAQ:STLD opened at $131.17 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.08 and a current ratio of 2.53. The stock has a 50-day simple moving average of $123.61 and a two-hundred day simple moving average of $128.15. The firm has a market capitalization of $19.66 billion, a PE ratio of 13.38, a P/E/G ratio of 1.05 and a beta of 1.44. Steel Dynamics has a 52-week low of $103.17 and a 52-week high of $155.56.

Steel Dynamics (NASDAQ:STLD) last issued its quarterly earnings results on Tuesday, April 22nd. The basic materials company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.04. The business had revenue of $4.37 billion for the quarter, compared to analysts’ expectations of $4.17 billion. Steel Dynamics had a net margin of 8.76% and a return on equity of 17.32%. During the same quarter last year, the company posted $3.67 EPS.

Institutional Trading of Steel Dynamics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new position in shares of Steel Dynamics during the third quarter valued at approximately $25,000. Financial Gravity Asset Management Inc. purchased a new position in Steel Dynamics during the 1st quarter valued at $25,000. ORG Wealth Partners LLC bought a new position in Steel Dynamics in the 4th quarter valued at $28,000. Grove Bank & Trust increased its stake in Steel Dynamics by 194.7% in the first quarter. Grove Bank & Trust now owns 277 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 183 shares during the period. Finally, Wayfinding Financial LLC bought a new stake in shares of Steel Dynamics during the first quarter worth $36,000. 82.41% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Steel Dynamics

In other news, SVP Glenn Pushis sold 23,649 shares of the firm’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 completion of the sale, the senior vice president now owns 122,140 shares in the company, valued at approximately $16,448,593.80. This trade represents a 16.22 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.30% of the stock is owned by insiders.

Steel Dynamics declared that its board has approved a stock buyback program on Monday, February 24th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the basic materials company to reacquire up to 7.4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Steel Dynamics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Monday, June 30th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Monday, June 30th. Steel Dynamics’s dividend payout ratio (DPR) is presently 26.42%.

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.