Seaport Res Ptn Forecasts Steel Dynamics Q1 Earnings

Steel Dynamics, Inc. (NASDAQ:STLD) – Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for Steel Dynamics in a research report issued on Monday, March 10th. Seaport Res Ptn analyst M. Englert expects that the basic materials company will earn $1.25 per share for the quarter. The consensus estimate for Steel Dynamics’ current full-year earnings is $9.01 per share. Seaport Res Ptn also issued estimates for Steel Dynamics’ Q2 2025 earnings at $2.50 EPS, Q3 2025 earnings at $3.64 EPS, Q4 2025 earnings at $2.59 EPS, FY2025 earnings at $9.98 EPS and FY2026 earnings at $14.12 EPS.

Other research analysts have also issued reports about the company. The Goldman Sachs Group initiated coverage on Steel Dynamics in a research report on Monday, December 2nd. They set a “neutral” rating and a $155.00 price target on the stock. Jefferies Financial Group raised Steel Dynamics from a “hold” rating to a “buy” rating and upped their price target for the company from $125.00 to $145.00 in a research report on Friday, January 24th. JPMorgan Chase & Co. upped their price target on Steel Dynamics from $132.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday. StockNews.com raised Steel Dynamics from a “sell” rating to a “hold” rating in a research report on Thursday, March 6th. Finally, BNP Paribas raised Steel Dynamics from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Steel Dynamics presently has an average rating of “Moderate Buy” and a consensus target price of $148.56.

Steel Dynamics Trading Up 3.2 %

Shares of NASDAQ STLD opened at $127.14 on Thursday. The company has a market cap of $19.09 billion, a price-to-earnings ratio of 12.97, a P/E/G ratio of 1.05 and a beta of 1.34. Steel Dynamics has a 12 month low of $104.60 and a 12 month high of $155.56. The company has a quick ratio of 1.08, a current ratio of 2.53 and a debt-to-equity ratio of 0.32. The business has a fifty day simple moving average of $127.38 and a 200-day simple moving average of $127.77.

Steel Dynamics (NASDAQ:STLD) last announced its earnings results on Wednesday, January 22nd. The basic materials company reported $1.36 EPS 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 previous year, the company earned $2.61 EPS.

Steel Dynamics announced that its Board of Directors has authorized a stock repurchase plan on Monday, February 24th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the basic materials company to reacquire up to 7.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Steel Dynamics Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.50 per share. This is a positive change 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 dividend on an annualized basis and a dividend yield of 1.57%. Steel Dynamics’s dividend payout ratio is currently 20.41%.

Insider Activity

In other news, SVP Glenn Pushis sold 23,649 shares of the 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 transaction, the senior vice president now owns 122,140 shares of the company’s stock, 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 SEC, which is accessible through this link. 6.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. PKO Investment Management Joint Stock Co acquired a new position in shares of Steel Dynamics during the 4th quarter valued at about $570,000. Park Square Financial Group LLC bought a new stake in Steel Dynamics during the 4th quarter valued at approximately $45,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Steel Dynamics during the 4th quarter valued at approximately $10,786,000. Polar Asset Management Partners Inc. bought a new stake in Steel Dynamics during the 4th quarter valued at approximately $2,703,000. Finally, Mackenzie Financial Corp boosted its stake in Steel Dynamics by 28.4% during the 4th quarter. Mackenzie Financial Corp now owns 17,461 shares of the basic materials company’s stock valued at $1,992,000 after purchasing an additional 3,867 shares during the period. Institutional investors and hedge funds own 82.41% of the company’s stock.

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.