Steel Dynamics (NASDAQ:STLD) Issues 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 -.

Steel Dynamics Stock Down 1.7 %

Shares of STLD stock opened at $124.94 on Tuesday. The stock’s 50 day simple moving average is $127.50 and its 200 day simple moving average is $127.93. 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 twelve month low of $104.60 and a twelve month high of $155.56. The company has a market capitalization of $18.76 billion, a price-to-earnings ratio of 12.75, a PEG ratio of 1.05 and a beta of 1.34.

Steel Dynamics (NASDAQ:STLD) last released its earnings results 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 period last year, the business posted $2.61 earnings per share. As a group, research analysts predict that Steel Dynamics will post 9.01 EPS for the current year.

Steel Dynamics Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Monday, March 31st will be paid a $0.50 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Steel Dynamics’s previous quarterly dividend of $0.46. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.60%. Steel Dynamics’s dividend payout ratio (DPR) is 20.41%.

Steel Dynamics declared that its board has initiated a stock repurchase plan on Monday, February 24th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the basic materials company to reacquire up to 7.4% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. KeyCorp upgraded Steel Dynamics from a “sector weight” rating to an “overweight” rating and set a $155.00 price target on the stock in a report on Tuesday, February 11th. Morgan Stanley upgraded Steel Dynamics from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $145.00 to $158.00 in a report on Friday, March 7th. Citigroup reduced their target price on Steel Dynamics from $160.00 to $145.00 and set a “buy” rating on the stock in a report on Thursday, December 19th. Jefferies Financial Group upgraded Steel Dynamics from a “hold” rating to a “buy” rating and raised their target price for the stock from $125.00 to $145.00 in a report on Friday, January 24th. Finally, Wolfe Research upgraded Steel Dynamics from an “underperform” rating to a “peer perform” rating in a report on Thursday, February 27th. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Steel Dynamics presently has a consensus rating of “Moderate Buy” and an average price target of $148.56.

Insider Activity

In related news, SVP Glenn Pushis sold 23,649 shares of Steel Dynamics stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $134.67, for a total value of $3,184,810.83. Following the sale, the senior vice president now owns 122,140 shares of the company’s stock, valued at approximately $16,448,593.80. This trade represents a 16.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.00% of the stock is currently owned by company insiders.

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.