Steel Dynamics (NASDAQ:STLD) Issues Q2 2026 Earnings Guidance

Steel Dynamics (NASDAQ:STLD) updated its second quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.510-3.550 for the period, compared to the consensus EPS estimate of 4.170. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of research firms have recently weighed in on STLD. Morgan Stanley reissued an “underperform” rating and set a $190.00 target price on shares of Steel Dynamics in a report on Tuesday, March 17th. Wall Street Zen raised Steel Dynamics from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Barclays began coverage on Steel Dynamics in a report on Thursday, May 21st. They set an “overweight” rating and a $270.00 target price for the company. Weiss Ratings raised Steel Dynamics from a “hold (c)” rating to a “buy (b-)” rating in a report on Wednesday, April 29th. Finally, KeyCorp lifted their target price on Steel Dynamics from $190.00 to $241.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Steel Dynamics currently has an average rating of “Moderate Buy” and a consensus target price of $224.64.

Steel Dynamics Price Performance

STLD stock traded down $4.16 during midday trading on Wednesday, reaching $270.13. The company had a trading volume of 1,131,519 shares, compared to its average volume of 1,225,077. The company has a market capitalization of $39.09 billion, a price-to-earnings ratio of 28.89, a price-to-earnings-growth ratio of 0.54 and a beta of 1.50. The stock has a 50 day moving average price of $234.47 and a 200-day moving average price of $198.46. Steel Dynamics has a 1-year low of $119.89 and a 1-year high of $288.74. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.33.

Steel Dynamics (NASDAQ:STLD) last posted its quarterly earnings results on Tuesday, April 21st. The basic materials company reported $2.78 EPS for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.01). The company had revenue of $5.20 billion during the quarter, compared to analyst estimates of $5.39 billion. Steel Dynamics had a net margin of 7.22% and a return on equity of 15.54%. The firm’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period last year, the firm earned $1.44 EPS. Equities research analysts expect that Steel Dynamics will post 15.85 earnings per share for the current year.

Steel Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Steel Dynamics’s payout ratio is 22.67%.

Insider Buying and Selling

In related news, SVP Richard A. Poinsatte sold 2,300 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $234.11, for a total value of $538,453.00. Following the completion of the transaction, the senior vice president owned 28,618 shares of the company’s stock, valued at $6,699,759.98. The trade was a 7.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Miguel Alvarez sold 4,825 shares of the business’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $225.58, for a total value of $1,088,423.50. Following the completion of the transaction, the senior vice president directly owned 122,257 shares of the company’s stock, valued at approximately $27,578,734.06. This trade represents a 3.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 22,125 shares of company stock worth $5,438,227 in the last ninety days. 6.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. State of Wyoming acquired a new position in Steel Dynamics during the fourth quarter worth about $224,000. CreativeOne Wealth LLC acquired a new position in Steel Dynamics during the third quarter worth about $211,000. Marshall Wace LLP acquired a new position in Steel Dynamics during the fourth quarter worth about $211,000. Wealth Architects LLC acquired a new position in Steel Dynamics during the fourth quarter worth about $204,000. Finally, CHICAGO TRUST Co NA acquired a new position in Steel Dynamics during the fourth quarter worth about $203,000. Institutional investors and hedge funds own 82.41% of the company’s stock.

Steel Dynamics Company Profile

Steel Dynamics, Inc is a U.S.-based, diversified steel producer and metals recycler that operates an integrated network of mini-mills, finishing lines and fabrication facilities. Founded in 1993 and headquartered in Fort Wayne, Indiana, the company manufactures a broad range of steel products and provides downstream processing, coating and fabrication services to industrial customers. Its operations combine steelmaking using electric-arc furnaces with extensive metals recycling capabilities, allowing Steel Dynamics to convert scrap ferrous and nonferrous materials into finished steel products.

The company’s product portfolio includes flat-rolled steel (coiled and sheet products), structural steel and fabricated components, along with coated and painted steel used in consumer, industrial and construction applications.