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

Steel Dynamics, Inc. (NASDAQ:STLD) – Equities researchers at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for Steel Dynamics in a report released on Wednesday, August 7th. Zacks Research analyst M. Agrawal now anticipates that the basic materials company will earn $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.

STLD has been the subject of several other reports. BMO Capital Markets decreased their price target on Steel Dynamics from $140.00 to $135.00 and set a “market perform” rating for the company in a report on Tuesday, June 18th. Jefferies Financial Group assumed coverage on Steel Dynamics in a report on Monday, May 20th. They set a “hold” rating and a $150.00 price target for the company. JPMorgan Chase & Co. increased their price target on Steel Dynamics from $118.00 to $120.00 and gave the stock an “underweight” rating in a report on Tuesday, July 16th. Finally, Bank of America cut their price objective on 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 analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Steel Dynamics currently has an average rating of “Hold” and an average price target of $133.86.

Steel Dynamics Stock Performance

Shares of NASDAQ STLD traded down $0.78 during mid-day trading on Thursday, hitting $119.43. 803,622 shares of the company were exchanged, compared to its average volume of 1,236,365. The company has a quick ratio of 1.19, a current ratio of 2.35 and a debt-to-equity ratio of 0.25. The stock has a 50 day simple moving average of $126.21 and a 200-day simple moving average of $130.60. Steel Dynamics has a 1-year low of $95.53 and a 1-year high of $151.34. The firm has a market cap of $18.77 billion, a price-to-earnings ratio of 8.20 and a beta of 1.35.

Steel Dynamics (NASDAQ:STLD) last posted its quarterly earnings data on Wednesday, July 17th. The basic materials company reported $2.72 earnings per share 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 the consensus estimate of $4.43 billion. Steel Dynamics had a return on equity of 22.89% and a net margin of 11.10%. The company’s revenue was down 8.8% compared to the same quarter last year. During the same period in the prior year, the company earned $4.81 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in STLD. Franklin Resources Inc. increased its position in Steel Dynamics by 12.0% during the 4th quarter. Franklin Resources Inc. now owns 344,569 shares of the basic materials company’s stock worth $40,694,000 after purchasing an additional 37,033 shares in the last quarter. Nordea Investment Management AB increased its position in Steel Dynamics by 2.5% during the 1st quarter. Nordea Investment Management AB now owns 1,034,133 shares of the basic materials company’s stock worth $153,290,000 after purchasing an additional 25,280 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Steel Dynamics by 1.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 17,321 shares of the basic materials company’s stock worth $2,046,000 after purchasing an additional 278 shares in the last quarter. Schroder Investment Management Group increased its position in Steel Dynamics by 15.3% during the 4th quarter. Schroder Investment Management Group now owns 743,697 shares of the basic materials company’s stock worth $87,831,000 after purchasing an additional 98,764 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in Steel Dynamics by 1,498.4% during the 1st quarter. SG Americas Securities LLC now owns 29,730 shares of the basic materials company’s stock worth $4,407,000 after purchasing an additional 27,870 shares in the last quarter. Hedge funds and other institutional investors own 82.41% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Christopher A. Graham sold 21,000 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $136.81, for a total value 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 $8,265,376.15. The sale was disclosed in a document filed with the SEC, which is available at this link. 6.00% of the stock is currently owned by company insiders.

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.