Q1 2025 Earnings Estimate for Steel Dynamics, Inc. (NASDAQ:STLD) Issued By Zacks Research

Steel Dynamics, Inc. (NASDAQ:STLD) – Analysts at Zacks Research cut their Q1 2025 earnings per share estimates for Steel Dynamics in a note issued to investors on Wednesday, August 7th. Zacks Research analyst M. Agrawal now anticipates that the basic materials company will post earnings of $2.38 per share for the quarter, down from their previous estimate of $2.64. The consensus estimate for Steel Dynamics’ current full-year earnings is $11.35 per share. Zacks Research also issued estimates for Steel Dynamics’ Q2 2025 earnings at $2.36 EPS, Q4 2025 earnings at $2.34 EPS, FY2025 earnings at $9.43 EPS, Q1 2026 earnings at $3.20 EPS, Q2 2026 earnings at $3.05 EPS and FY2026 earnings at $10.89 EPS.

Several other equities research analysts have also recently issued reports on STLD. JPMorgan Chase & Co. boosted their price target on Steel Dynamics from $118.00 to $120.00 and gave the company an “underweight” rating in a research note on Tuesday, July 16th. BMO Capital Markets lowered their price objective on shares of Steel Dynamics from $140.00 to $135.00 and set a “market perform” rating for the company in a research report on Tuesday, June 18th. Jefferies Financial Group assumed coverage on shares of Steel Dynamics in a research report on Monday, May 20th. They set a “hold” rating and a $150.00 price objective for the company. Finally, Bank of America lowered their price objective on shares of Steel Dynamics from $150.00 to $145.00 and set a “neutral” rating for the company in a research report on Wednesday, June 26th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $133.86.

Steel Dynamics Price Performance

Shares of STLD stock traded down $0.78 during trading on Thursday, hitting $119.43. The company had a trading volume of 803,622 shares, compared to its average volume of 1,236,365. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.19 and a current ratio of 2.35. The firm has a market capitalization of $18.77 billion, a P/E ratio of 8.20 and a beta of 1.35. The stock’s 50-day moving average price is $126.21 and its 200 day moving average price is $130.60. Steel Dynamics has a one year low of $95.53 and a one year high of $151.34.

Steel Dynamics (NASDAQ:STLD) last issued its quarterly earnings results on Wednesday, July 17th. The basic materials company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.67 by $0.05. The business had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Steel Dynamics had a return on equity of 22.89% and a net margin of 11.10%. The firm’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same period in the previous year, the company posted $4.81 earnings per share.

Insider Buying and Selling at Steel Dynamics

In other Steel Dynamics news, SVP Christopher A. Graham sold 21,000 shares of Steel Dynamics stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $136.81, for a total transaction of $2,873,010.00. Following the completion of the transaction, the senior vice president now owns 60,415 shares in the company, valued at approximately $8,265,376.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 6.00% of the company’s stock.

Hedge Funds Weigh In On Steel Dynamics

Several hedge funds have recently modified their holdings of the company. Atomi Financial Group Inc. raised its holdings in shares of Steel Dynamics by 3.1% in the 1st quarter. Atomi Financial Group Inc. now owns 2,667 shares of the basic materials company’s stock worth $395,000 after purchasing an additional 79 shares during the period. Csenge Advisory Group grew its stake in Steel Dynamics by 2.8% in the 2nd quarter. Csenge Advisory Group now owns 2,939 shares of the basic materials company’s stock valued at $381,000 after buying an additional 81 shares in the last quarter. Greenfield Savings Bank grew its stake in Steel Dynamics by 0.7% in the 1st quarter. Greenfield Savings Bank now owns 11,676 shares of the basic materials company’s stock valued at $1,731,000 after buying an additional 85 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Steel Dynamics by 9.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,068 shares of the basic materials company’s stock valued at $126,000 after buying an additional 88 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in Steel Dynamics by 19.2% in the 1st quarter. Global Retirement Partners LLC now owns 570 shares of the basic materials company’s stock valued at $84,000 after buying an additional 92 shares in the last quarter. 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.