Seaport Res Ptn Predicts Steel Dynamics Q1 Earnings

Steel Dynamics, Inc. (NASDAQ:STLD) – Seaport Res Ptn issued their Q1 2025 EPS estimates for Steel Dynamics in a research report issued on Monday, March 10th. Seaport Res Ptn analyst M. Englert anticipates that the basic materials company will earn $1.25 per share for the quarter. The consensus estimate for Steel Dynamics’ current full-year earnings is $9.01 per share. Seaport Res Ptn also issued estimates for Steel Dynamics’ Q2 2025 earnings at $2.50 EPS, Q3 2025 earnings at $3.64 EPS, Q4 2025 earnings at $2.59 EPS, FY2025 earnings at $9.98 EPS and FY2026 earnings at $14.12 EPS.

A number of other research analysts also recently issued reports on the stock. Wolfe Research upgraded shares of Steel Dynamics from an “underperform” rating to a “peer perform” rating in a research report on Thursday, February 27th. KeyCorp raised Steel Dynamics from a “sector weight” rating to an “overweight” rating and set a $155.00 price objective for the company in a report on Tuesday, February 11th. StockNews.com raised Steel Dynamics from a “sell” rating to a “hold” rating in a report on Thursday, March 6th. UBS Group reissued a “neutral” rating and issued a $149.00 price target (up from $145.00) on shares of Steel Dynamics in a report on Thursday, December 12th. Finally, Jefferies Financial Group raised shares of Steel Dynamics from a “hold” rating to a “buy” rating and raised their price objective for the stock from $125.00 to $145.00 in a research note on Friday, January 24th. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $148.56.

Steel Dynamics Stock Performance

Shares of NASDAQ STLD opened at $123.25 on Thursday. The stock has a market cap of $18.51 billion, a price-to-earnings ratio of 12.58, a PEG ratio of 1.05 and a beta of 1.34. Steel Dynamics has a 12 month low of $104.60 and a 12 month high of $155.56. The company has a 50 day simple moving average of $126.87 and a two-hundred day simple moving average of $127.77. The company has a current ratio of 2.53, a quick ratio of 1.08 and a debt-to-equity ratio of 0.32.

Steel Dynamics (NASDAQ:STLD) last announced its quarterly earnings data 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 period last year, the business earned $2.61 earnings per share.

Steel Dynamics Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Monday, March 31st will be paid a $0.50 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Steel Dynamics’s previous quarterly dividend of $0.46. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.62%. Steel Dynamics’s payout ratio is currently 20.41%.

Steel Dynamics announced that its board has approved a share buyback plan on Monday, February 24th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the basic materials company to buy up to 7.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In related news, SVP Glenn Pushis sold 23,649 shares of the company’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $134.67, for a total transaction of $3,184,810.83. Following the completion of the sale, the senior vice president now owns 122,140 shares of the company’s stock, valued at approximately $16,448,593.80. This represents a 16.22 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.10% of the stock is owned by company insiders.

Institutional Trading of Steel Dynamics

Several large investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB acquired a new position in shares of Steel Dynamics during the 3rd quarter valued at about $25,000. ORG Wealth Partners LLC acquired a new position in Steel Dynamics in the 4th quarter valued at about $28,000. Private Trust Co. NA boosted its holdings in Steel Dynamics by 532.6% in the 3rd 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 purchased a new stake in shares of Steel Dynamics in the 4th quarter valued at approximately $39,000. Finally, Investment Management Corp VA ADV acquired a new stake in shares of Steel Dynamics during the 4th quarter worth approximately $40,000. 82.41% of the stock is currently owned by hedge funds and other institutional investors.

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.