Steel Dynamics (NASDAQ:STLD) Updates Q1 2026 Earnings Guidance
by Mitch Edgeman · The Markets DailySteel Dynamics (NASDAQ:STLD – Get Free Report) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.730-2.770 for the period, compared to the consensus earnings per share estimate of 3.220. The company issued revenue guidance of -.
Steel Dynamics Stock Up 1.3%
Shares of NASDAQ:STLD traded up $2.41 during midday trading on Thursday, reaching $189.97. The company had a trading volume of 480,715 shares, compared to its average volume of 1,282,529. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.06 and a quick ratio of 1.29. Steel Dynamics has a one year low of $112.60 and a one year high of $208.47. The stock’s fifty day moving average price is $185.16 and its 200-day moving average price is $169.21. The stock has a market capitalization of $27.49 billion, a P/E ratio of 23.72, a PEG ratio of 0.49 and a beta of 1.39.
Steel Dynamics (NASDAQ:STLD – Get Free Report) last released its earnings results on Tuesday, January 27th. The basic materials company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.10. Steel Dynamics had a net margin of 6.52% and a return on equity of 13.56%. The firm had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.62 billion. During the same quarter in the previous year, the firm earned $1.36 earnings per share. The firm’s revenue for the quarter was up 14.0% compared to the same quarter last year. Equities research analysts expect that Steel Dynamics will post 9.01 earnings per share for the current fiscal year.
Steel Dynamics Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.53 per share. The ex-dividend date is Tuesday, March 31st. This is a positive change from Steel Dynamics’s previous quarterly dividend of $0.50. This represents a $2.12 annualized dividend and a yield of 1.1%. Steel Dynamics’s payout ratio is presently 26.47%.
Analyst Ratings Changes
Several analysts have weighed in on STLD shares. Morgan Stanley reiterated an “underperform” rating and set a $190.00 target price on shares of Steel Dynamics in a research note on Tuesday, March 17th. KeyCorp initiated coverage on shares of Steel Dynamics in a research report on Wednesday, March 25th. They set an “overweight” rating and a $190.00 price target for the company. Jefferies Financial Group restated a “buy” rating on shares of Steel Dynamics in a research report on Tuesday, March 17th. JPMorgan Chase & Co. reduced their price objective on shares of Steel Dynamics from $194.00 to $192.00 and set a “neutral” rating for the company in a report on Wednesday, March 18th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Steel Dynamics in a report on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Steel Dynamics currently has a consensus rating of “Hold” and a consensus price target of $182.44.
View Our Latest Report on Steel Dynamics
Institutional Investors Weigh In On Steel Dynamics
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Jacobi Capital Management LLC lifted its holdings in Steel Dynamics by 1.6% in the 4th quarter. Jacobi Capital Management LLC now owns 3,533 shares of the basic materials company’s stock valued at $599,000 after acquiring an additional 55 shares during the last quarter. Hohimer Wealth Management LLC lifted its holdings in Steel Dynamics by 1.1% in the 4th quarter. Hohimer Wealth Management LLC now owns 5,708 shares of the basic materials company’s stock valued at $967,000 after acquiring an additional 61 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Steel Dynamics by 4.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,764 shares of the basic materials company’s stock valued at $246,000 after acquiring an additional 70 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC lifted its holdings in Steel Dynamics by 2.4% in 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 acquiring an additional 80 shares during the last quarter. Finally, Meeder Advisory Services Inc. raised its holdings in Steel Dynamics by 5.0% during the 4th quarter. Meeder Advisory Services Inc. now owns 2,087 shares of the basic materials company’s stock worth $354,000 after buying an additional 100 shares during the period. 82.41% of the stock is owned by institutional investors and hedge funds.
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.