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

Steel Dynamics (NASDAQ:STLD) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. 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 -.

Analysts Set New Price Targets

A number of brokerages have weighed in on STLD. StockNews.com upgraded shares of Steel Dynamics from a “sell” rating to a “hold” rating in a research note on Thursday, March 6th. Morgan Stanley raised shares of Steel Dynamics from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $145.00 to $158.00 in a report on Friday, March 7th. 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 research note on Tuesday, February 11th. UBS Group restated a “neutral” rating and set a $149.00 price objective (up from $145.00) on shares of Steel Dynamics in a report on Thursday, December 12th. Finally, Wolfe Research upgraded Steel Dynamics from an “underperform” rating to a “peer perform” rating in a report on Thursday, February 27th. Six equities research 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, Steel Dynamics currently has an average rating of “Moderate Buy” and a consensus target price of $148.56.

Steel Dynamics Stock Down 1.7 %

Shares of NASDAQ STLD opened at $124.94 on Tuesday. Steel Dynamics has a 52-week low of $104.60 and a 52-week high of $155.56. The firm has a fifty day moving average of $127.50 and a 200-day moving average of $127.93. The stock has a market capitalization of $18.76 billion, a PE ratio of 12.75, a P/E/G ratio of 1.05 and a beta of 1.34. The company has a quick ratio of 1.08, a current ratio of 2.53 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 EPS 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 quarter last year, the business posted $2.61 earnings per share. On average, analysts anticipate that Steel Dynamics will post 9.01 EPS for the current year.

Steel Dynamics Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Monday, March 31st will be given a $0.50 dividend. This is a boost 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 yield of 1.60%. Steel Dynamics’s dividend payout ratio is 20.41%.

Steel Dynamics announced that its Board of Directors has authorized a share repurchase program on Monday, February 24th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the basic materials company to repurchase up to 7.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Insider Transactions at Steel Dynamics

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 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 represents a 16.22 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company 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.