KeyCorp Comments on Steel Dynamics FY2026 Earnings

Steel Dynamics, Inc. (NASDAQ:STLD) – Equities research analysts at KeyCorp issued their FY2026 EPS estimates for Steel Dynamics in a research note issued on Monday, February 10th. KeyCorp analyst P. Gibbs expects that the basic materials company will post earnings per share of $12.65 for the year. KeyCorp currently has a “Overweight” rating and a $155.00 price objective on the stock. The consensus estimate for Steel Dynamics’ current full-year earnings is $8.90 per share.

Other research analysts have also recently issued reports about the stock. The Goldman Sachs Group initiated coverage on shares of Steel Dynamics in a report on Monday, December 2nd. They set a “neutral” rating and a $155.00 price target on the stock. Citigroup cut their price objective on Steel Dynamics from $160.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, December 19th. JPMorgan Chase & Co. lowered their target price on Steel Dynamics from $134.00 to $132.00 and set a “neutral” rating on the stock in a research note on Friday, January 17th. BNP Paribas raised shares of Steel Dynamics from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, UBS Group restated a “neutral” rating and set a $149.00 price objective (up previously from $145.00) on shares of Steel Dynamics in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $146.22.

Steel Dynamics Trading Up 1.5 %

NASDAQ STLD opened at $134.86 on Wednesday. The company has a current ratio of 2.53, a quick ratio of 1.08 and a debt-to-equity ratio of 0.32. The business has a fifty day simple moving average of $123.68 and a 200 day simple moving average of $126.36. Steel Dynamics has a 12 month low of $104.60 and a 12 month high of $155.56. The firm has a market capitalization of $20.53 billion, a P/E ratio of 13.76 and a beta of 1.35.

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 period in the prior year, the business earned $2.61 EPS.

Institutional Investors Weigh In On Steel Dynamics

Institutional investors and hedge funds have recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new stake in Steel Dynamics during the third quarter valued at $25,000. ORG Wealth Partners LLC purchased a new stake in shares of Steel Dynamics in the 4th quarter valued at about $28,000. Private Trust Co. NA boosted its position in shares of Steel Dynamics by 532.6% during the 3rd quarter. Private Trust Co. NA now owns 291 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 245 shares during the last quarter. IAG Wealth Partners LLC purchased a new position in shares of Steel Dynamics during the fourth quarter worth about $39,000. Finally, Avalon Trust Co bought a new position in shares of Steel Dynamics in the fourth quarter worth approximately $42,000. 82.41% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Steel Dynamics

In related news, SVP Richard A. Poinsatte sold 2,000 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $138.75, for a total transaction of $277,500.00. Following the sale, the senior vice president now owns 21,101 shares of the company’s stock, valued at approximately $2,927,763.75. This represents a 8.66 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate 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.