Steel Dynamics (NASDAQ:STLD) Issues Q1 2026 Earnings Guidance

11 Apr 2026, 09:26 by Renee Jackson · The Cerbat Gem

Steel Dynamics (NASDAQ:STLD – Get Free Report) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.730-2.770 for the period, compared to the consensus estimate of 3.220. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on STLD. KeyCorp started coverage on Steel Dynamics in a research note on Wednesday, March 25th. They set an “overweight” rating and a $190.00 price objective for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Steel Dynamics in a research report on Monday, December 29th. JPMorgan Chase & Co. decreased their price objective on shares of Steel Dynamics from $194.00 to $192.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Morgan Stanley reaffirmed an “underperform” rating and set a $190.00 price objective on shares of Steel Dynamics in a report on Tuesday, March 17th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Steel Dynamics in a report on Tuesday, March 17th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Steel Dynamics currently has an average rating of “Hold” and a consensus target price of $182.44.

Read Our Latest Analysis on STLD

Steel Dynamics Stock Up 0.3%

STLD stock opened at $190.57 on Friday. Steel Dynamics has a fifty-two week low of $112.72 and a fifty-two week high of $208.47. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.29 and a current ratio of 3.06. The stock’s 50 day simple moving average is $185.54 and its 200 day simple moving average is $169.71. The company has a market cap of $27.58 billion, a P/E ratio of 23.79, a price-to-earnings-growth ratio of 0.52 and a beta of 1.39.

Steel Dynamics (NASDAQ:STLD – Get Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The basic materials company reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.10. Steel Dynamics had a return on equity of 13.56% and a net margin of 6.52%.The company had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.62 billion. During the same quarter last year, the firm posted $1.36 EPS. The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. On average, research analysts expect that Steel Dynamics will post 9.01 earnings per share for the current fiscal year.

Steel Dynamics Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 1.1%. This is a boost from Steel Dynamics’s previous quarterly dividend of $0.50. The ex-dividend date was Tuesday, March 31st. Steel Dynamics’s dividend payout ratio (DPR) is 26.47%.

Institutional Trading of Steel Dynamics

Hedge funds have recently made changes to their positions in the business. Jacobi Capital Management LLC lifted its holdings in Steel Dynamics by 1.6% during the fourth quarter. Jacobi Capital Management LLC now owns 3,533 shares of the basic materials company’s stock worth $599,000 after buying an additional 55 shares during the period. Hohimer Wealth Management LLC raised its position in Steel Dynamics by 1.1% during the fourth quarter. Hohimer Wealth Management LLC now owns 5,708 shares of the basic materials company’s stock worth $967,000 after acquiring an additional 61 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Steel Dynamics by 4.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,764 shares of the basic materials company’s stock valued at $246,000 after purchasing an additional 70 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC raised its position in shares of Steel Dynamics by 2.4% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 3,468 shares of the basic materials company’s stock valued at $484,000 after buying an additional 80 shares during the period. Finally, Meeder Advisory Services Inc. grew its stake in shares of Steel Dynamics by 5.0% in the fourth quarter. Meeder Advisory Services Inc. now owns 2,087 shares of the basic materials company’s stock valued at $354,000 after buying an additional 100 shares in the last quarter. 82.41% of the stock is currently owned by hedge funds and other institutional investors.

Steel Dynamics Company Profile

(Get Free Report)

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.