Steel Dynamics (NASDAQ:STLD) Issues 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 -.

Analyst Upgrades and Downgrades

STLD has been the topic of several analyst reports. BNP Paribas raised Steel Dynamics from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Jefferies Financial Group raised Steel Dynamics from a “hold” rating to a “buy” rating and increased their target price for the stock from $125.00 to $145.00 in a research report on Friday, January 24th. Morgan Stanley raised Steel Dynamics from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $145.00 to $158.00 in a research report on Friday, March 7th. StockNews.com raised Steel Dynamics from a “sell” rating to a “hold” rating in a research report on Thursday, March 6th. Finally, JPMorgan Chase & Co. increased their target price on Steel Dynamics from $132.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 11th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $148.56.

Steel Dynamics Price Performance

Shares of STLD opened at $124.94 on Tuesday. The firm has a market capitalization of $18.76 billion, a price-to-earnings ratio of 12.75, a price-to-earnings-growth ratio of 1.05 and a beta of 1.34. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.08 and a current ratio of 2.53. Steel Dynamics has a one year low of $104.60 and a one year high of $155.56. The stock’s fifty day moving average is $127.50 and its 200-day moving average is $127.93.

Steel Dynamics (NASDAQ:STLD) last announced its earnings results on Wednesday, January 22nd. The basic materials company reported $1.36 earnings per share for the quarter, missing the consensus estimate 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 period in the prior year, the firm posted $2.61 EPS. Equities 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. Investors of record on Monday, March 31st will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.00 annualized dividend and a yield of 1.60%. This is a boost from Steel Dynamics’s previous quarterly dividend of $0.46. Steel Dynamics’s dividend payout ratio (DPR) is currently 20.41%.

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

Insider Activity at Steel Dynamics

In other news, SVP Glenn Pushis sold 23,649 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $134.67, for a total transaction of $3,184,810.83. Following the completion of the sale, the senior vice president now directly owns 122,140 shares of the company’s stock, valued at $16,448,593.80. This trade represents a 16.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 6.00% of the stock is currently owned by corporate 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.