Steel Dynamics, Inc. (NASDAQ:STLD) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Posted by Brian Himes on May 23rd, 2026

Steel Dynamics, Inc. (NASDAQ:STLD – Get Free Report) has been assigned an average rating of “Moderate Buy” from the twelve brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $219.3636.

Several equities analysts recently weighed in on the company. Bank of America cut Steel Dynamics from a “buy” rating to a “neutral” rating and set a $250.00 price objective for the company. in a research report on Thursday, April 30th. Barclays assumed coverage on Steel Dynamics in a research report on Thursday. They set an “overweight” rating and a $270.00 price objective for the company. Morgan Stanley reissued an “underperform” rating and set a $190.00 price objective on shares of Steel Dynamics in a research report on Tuesday, March 17th. KeyCorp boosted their price objective on Steel Dynamics from $190.00 to $241.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on Steel Dynamics from $192.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 14th.

Check Out Our Latest Analysis on STLD

Steel Dynamics Price Performance

Shares of NASDAQ:STLD opened at $240.03 on Friday. Steel Dynamics has a fifty-two week low of $119.89 and a fifty-two week high of $243.73. The business has a 50-day moving average of $202.58 and a two-hundred day moving average of $184.97. The stock has a market capitalization of $34.74 billion, a P/E ratio of 25.67, a P/E/G ratio of 0.49 and a beta of 1.48. 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 – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The basic materials company reported $2.78 earnings per share for the quarter, missing the consensus estimate of $2.79 by ($0.01). Steel Dynamics had a return on equity of 15.54% and a net margin of 7.22%.The business had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.39 billion. During the same period in the prior year, the firm posted $1.44 EPS. Steel Dynamics’s revenue for the quarter was up 19.1% on a year-over-year basis. On average, equities research analysts predict that Steel Dynamics will post 14.77 EPS for the current fiscal year.

Steel Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.12 annualized dividend and a yield of 0.9%. Steel Dynamics’s dividend payout ratio is 22.67%.

Insider Buying and Selling at Steel Dynamics

In other Steel Dynamics news, SVP Miguel Alvarez sold 4,825 shares of the company’s stock in a transaction that occurred on Thursday, April 23rd. The stock was 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 owned 122,257 shares of the company’s stock, valued at $27,578,734.06. This represents a 3.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Richard A. Poinsatte sold 2,300 shares of the company’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 completion of the transaction, the senior vice president directly owned 28,618 shares of the company’s stock, valued at approximately $6,699,759.98. This trade represents a 7.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 12,125 shares of company stock valued at $2,751,227 in the last quarter. Corporate insiders own 6.60% of the company’s stock.

Hedge Funds Weigh In On Steel Dynamics

Several large investors have recently added to or reduced their stakes in the company. Leigh Baldwin & CO. LLC acquired a new position in Steel Dynamics in the 1st quarter valued at approximately $425,000. Dayah Capital LLC acquired a new position in Steel Dynamics in the 1st quarter valued at approximately $1,980,000. Bank of America Corp DE raised its holdings in Steel Dynamics by 19.1% in the 1st quarter. Bank of America Corp DE now owns 1,340,234 shares of the basic materials company’s stock valued at $241,242,000 after acquiring an additional 215,029 shares in the last quarter. Janus Henderson Group PLC raised its holdings in Steel Dynamics by 21.3% in the 1st quarter. Janus Henderson Group PLC now owns 20,874 shares of the basic materials company’s stock valued at $3,758,000 after acquiring an additional 3,664 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in Steel Dynamics by 17.1% in the 1st quarter. Arkadios Wealth Advisors now owns 2,961 shares of the basic materials company’s stock valued at $533,000 after acquiring an additional 433 shares in the last quarter. Institutional investors and hedge funds own 82.41% of the company’s stock.

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.

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.