Steel Dynamics, Inc. (NASDAQ:STLD) Given Consensus Rating of “Moderate Buy” by Brokerages

Posted by Brenda Bartman on Sep 23rd, 2026

Steel Dynamics, Inc. (NASDAQ:STLD – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the twelve research firms that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $258.5455.

A number of equities analysts have commented on the stock. Wall Street Zen downgraded shares of Steel Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Sunday. UBS Group boosted their price target on Steel Dynamics from $165.00 to $276.00 and gave the company a “neutral” rating in a report on Monday, August 10th. KeyCorp reissued an “overweight” rating on shares of Steel Dynamics in a research note on Wednesday, July 22nd. Weiss Ratings downgraded Steel Dynamics from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 11th. Finally, The Goldman Sachs Group began coverage on Steel Dynamics in a research report on Wednesday, July 29th. They set a “buy” rating and a $300.00 target price for the company.

Check Out Our Latest Research Report on STLD

Institutional Trading of Steel Dynamics

A number of hedge funds have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. purchased a new stake in Steel Dynamics in the 2nd quarter worth approximately $26,000. MV Capital Management Inc. acquired a new stake in shares of Steel Dynamics during the 4th quarter worth approximately $27,000. Cedar Mountain Advisors LLC purchased a new position in shares of Steel Dynamics during the 1st quarter valued at approximately $31,000. NBH Bank purchased a new position in shares of Steel Dynamics during the 2nd quarter valued at approximately $31,000. Finally, Caitlin John LLC acquired a new position in shares of Steel Dynamics in the 2nd quarter valued at $35,000. 82.41% of the stock is owned by hedge funds and other institutional investors.

Steel Dynamics Stock Up 1.7%

NASDAQ:STLD opened at $233.99 on Friday. The company has a market cap of $33.54 billion, a price-to-earnings ratio of 21.21, a price-to-earnings-growth ratio of 0.41 and a beta of 1.50. Steel Dynamics has a twelve month low of $134.87 and a twelve month high of $288.74. The company has a current ratio of 3.18, a quick ratio of 1.45 and a debt-to-equity ratio of 0.45. The stock has a fifty day simple moving average of $244.00 and a 200-day simple moving average of $229.01.

Steel Dynamics (NASDAQ:STLD – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The basic materials company reported $3.69 EPS for the quarter, topping the consensus estimate of $3.63 by $0.06. Steel Dynamics had a net margin of 7.83% and a return on equity of 18.12%. The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter last year, the firm posted $2.01 EPS. The firm’s revenue was up 33.4% compared to the same quarter last year. Analysts anticipate that Steel Dynamics will post 18.42 EPS for the current year.

Steel Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.53 per share. The ex-dividend date is Wednesday, September 30th. This represents a $2.12 annualized dividend and a dividend yield of 0.9%. Steel Dynamics’s dividend payout ratio (DPR) is currently 19.22%.

Steel Dynamics Company Profile

(Get Free Report)

Steel Dynamics, Inc is a steel producer and metals recycler headquartered in Fort Wayne, Indiana. Founded in 1993, the company operates electric arc furnaces that use recycled steel and other metallic inputs to manufacture a broad range of steel products. Its customers include companies in the construction, automotive, manufacturing, transportation, energy and appliance industries.

Steel Dynamics’ steel operations produce flat-rolled steel, structural steel, rail, engineered bar products and other specialty steel products.