Steel Dynamics (NASDAQ:STLD) Updates Q1 2025 Earnings Guidance

Steel Dynamics (NASDAQ:STLD) updated its first quarter 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.360-1.400 for the period, compared to the consensus EPS estimate of 1.440. The company issued revenue guidance of -.

Steel Dynamics Price Performance

Steel Dynamics stock opened at $128.52 on Thursday. The stock has a 50-day moving average price of $127.89 and a two-hundred day moving average price of $127.99. Steel Dynamics has a 12 month low of $104.60 and a 12 month high of $155.56. The company has a market capitalization of $19.30 billion, a PE ratio of 13.11, a P/E/G ratio of 1.05 and a beta of 1.34. 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 issued its quarterly earnings data on Wednesday, January 22nd. The basic materials company reported $1.36 earnings per share (EPS) 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 quarter in the prior year, the business posted $2.61 earnings per share. Analysts expect that Steel Dynamics will post 9.01 EPS for the current year.

Steel Dynamics Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Monday, March 31st will be given a dividend of $0.50 per share. This is an increase from Steel Dynamics’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 1.56%. Steel Dynamics’s dividend payout ratio (DPR) is 20.41%.

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

Analysts Set New Price Targets

Several brokerages have recently weighed in on STLD. Morgan Stanley upgraded shares of Steel Dynamics from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $145.00 to $158.00 in a report on Friday, March 7th. Wolfe Research raised Steel Dynamics from an “underperform” rating to a “peer perform” rating in a research report on Thursday, February 27th. BNP Paribas raised shares of Steel Dynamics from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Jefferies Financial Group upgraded shares of Steel Dynamics from a “hold” rating to a “buy” rating and lifted their price objective for the company from $125.00 to $145.00 in a report on Friday, January 24th. Finally, UBS Group reiterated a “neutral” rating and set a $149.00 price target (up previously from $145.00) on shares of Steel Dynamics in a research note on Thursday, December 12th. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $148.56.

Insider Activity

In related news, SVP Glenn Pushis sold 23,649 shares of the company’s stock in a transaction that occurred on 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 sale, the senior vice president now directly owns 122,140 shares in the company, valued at approximately $16,448,593.80. This represents a 16.22 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 6.00% of the company’s stock.

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.