Steel Dynamics (STLD) – Research Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Steel Dynamics (NASDAQ: STLD):

• 3/11/2025 – Steel Dynamics had its price target raised by analysts at JPMorgan Chase & Co. from $132.00 to $140.00. They now have a “neutral” rating on the stock.
• 3/7/2025 – Steel Dynamics was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $158.00 price target on the stock, up previously from $145.00.
• 3/6/2025 – Steel Dynamics was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 2/27/2025 – Steel Dynamics was upgraded by analysts at Wolfe Research from an “underperform” rating to a “peer perform” rating.
• 2/26/2025 – Steel Dynamics was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 2/13/2025 – Steel Dynamics was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 2/11/2025 – Steel Dynamics was upgraded by analysts at KeyCorp from a “sector weight” rating to an “overweight” rating. They now have a $155.00 price target on the stock.
• 2/5/2025 – Steel Dynamics was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 2/3/2025 – Steel Dynamics had its price target raised by analysts at Morgan Stanley from $131.00 to $145.00. They now have an “equal weight” rating on the stock.
• 1/24/2025 – Steel Dynamics was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $145.00 price target on the stock, up previously from $125.00.
• 1/23/2025 – Steel Dynamics was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/17/2025 – Steel Dynamics had its price target lowered by analysts at JPMorgan Chase & Co. from $134.00 to $132.00. They now have a “neutral” rating on the stock.

Steel Dynamics Stock Up 3.2 %

Steel Dynamics stock opened at $127.14 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.53 and a quick ratio of 1.08. The stock has a market capitalization of $19.09 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 1.05 and a beta of 1.34. Steel Dynamics, Inc. has a 1-year low of $104.60 and a 1-year high of $155.56. The business has a fifty day moving average price of $127.38 and a 200-day moving average price of $127.89.

Steel Dynamics (NASDAQ:STLD) last posted 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 return on equity of 17.32% and a net margin of 8.76%. During the same period last year, the firm posted $2.61 earnings per share. Equities research analysts forecast that Steel Dynamics, Inc. will post 9.01 EPS for the current fiscal year.

Steel Dynamics Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Monday, March 31st will be given a dividend of $0.50 per share. The ex-dividend date is Monday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 1.57%. This is a boost from Steel Dynamics’s previous quarterly dividend of $0.46. Steel Dynamics’s payout ratio is currently 20.41%.

Insiders Place Their Bets

In other Steel Dynamics news, SVP Glenn Pushis sold 23,649 shares of Steel Dynamics stock in a transaction dated 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 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. The trade was a 16.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.10% of the stock is currently owned by insiders.

Institutional Trading of Steel Dynamics

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. 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 shares of Steel Dynamics in the 4th quarter valued at about $28,000. Private Trust Co. NA lifted its holdings in shares of 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 buying an additional 245 shares during the period. IAG Wealth Partners LLC acquired a new position in shares of Steel Dynamics in the 4th quarter valued at about $39,000. Finally, Investment Management Corp VA ADV acquired a new position in shares of Steel Dynamics in the 4th quarter valued at about $40,000. Institutional investors and hedge funds own 82.41% of the company’s stock.

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.