Weekly Research Analysts’ Ratings Changes for Steel Dynamics (STLD)

Steel Dynamics (NASDAQ: STLD) has recently received a number of price target changes and ratings updates:

• 7/29/2026 – Steel Dynamics is now covered by The Goldman Sachs Group, Inc.. They set a “buy” rating and a $300.00 price target on the stock.
• 7/29/2026 – Steel Dynamics is now covered by The Goldman Sachs Group, Inc.. They set a “buy” rating and a $300.00 price target on the stock.
• 7/22/2026 – Steel Dynamics had its “overweight” rating reaffirmed by KeyCorp.
• 7/22/2026 – Steel Dynamics had its price target lowered by Morgan Stanley from $270.00 to $260.00. They now have an “equal weight” rating on the stock.
• 7/22/2026 – Steel Dynamics had its price target lowered by Wells Fargo & Company from $291.00 to $275.00. They now have an “overweight” rating on the stock.
• 7/22/2026 – Steel Dynamics had its price target raised by Barclays PLC from $270.00 to $272.00. They now have an “overweight” rating on the stock.
• 7/22/2026 – Steel Dynamics had its price target raised by JPMorgan Chase & Co. from $256.00 to $260.00. They now have a “neutral” rating on the stock.
• 7/15/2026 – Steel Dynamics had its price target lowered by JPMorgan Chase & Co. from $262.00 to $256.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Steel Dynamics had its price target lowered by Bank of America Corporation from $280.00 to $260.00. They now have a “neutral” rating on the stock.
• 6/24/2026 – Steel Dynamics had its price target raised by KeyCorp from $241.00 to $262.00. They now have an “overweight” rating on the stock.
• 6/22/2026 – Steel Dynamics had its price target raised by Morgan Stanley from $227.00 to $270.00. They now have an “equal weight” rating on the stock.
• 6/18/2026 – Steel Dynamics was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 6/18/2026 – Steel Dynamics had its price target lowered by Wells Fargo & Company from $293.00 to $291.00. They now have an “overweight” rating on the stock.
• 6/18/2026 – Steel Dynamics had its price target lowered by Bank of America Corporation from $285.00 to $280.00. They now have a “neutral” rating on the stock.
• 6/4/2026 – Steel Dynamics had its price target raised by Wells Fargo & Company from $235.00 to $293.00. They now have an “overweight” rating on the stock.

Steel Dynamics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Steel Dynamics’s payout ratio is presently 19.22%.

Insider Activity at Steel Dynamics

In other news, SVP James Stanley Anderson sold 10,000 shares of Steel Dynamics stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $268.70, for a total value of $2,687,000.00. Following the completion of the transaction, the senior vice president owned 102,837 shares in the company, valued at approximately $27,632,301.90. The trade was a 8.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Richard A. Poinsatte sold 2,300 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $234.11, for a total value of $538,453.00. Following the transaction, the senior vice president directly owned 28,618 shares in the company, valued at approximately $6,699,759.98. This represents a 7.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 6.60% of the company’s stock.

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.