Steel Dynamics (NASDAQ:STLD) Announces Earnings Results

Posted by Stanley Muller on Jul 20th, 2026

Steel Dynamics (NASDAQ:STLD – Get Free Report) announced its quarterly earnings results on Monday. The basic materials company reported $3.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.64 by $0.16, Zacks reports. Steel Dynamics had a return on equity of 15.54% and a net margin of 7.22%.

Steel Dynamics Stock Performance

STLD traded down $5.02 during trading on Monday, hitting $230.49. 1,760,087 shares of the stock were exchanged, compared to its average volume of 1,250,451. The company has a quick ratio of 1.33, a current ratio of 3.13 and a debt-to-equity ratio of 0.46. Steel Dynamics has a 1-year low of $119.89 and a 1-year high of $288.74. The stock has a fifty day moving average price of $245.95 and a two-hundred day moving average price of $209.05. The firm has a market capitalization of $33.36 billion, a P/E ratio of 24.65, a PEG ratio of 0.45 and a beta of 1.53.

Steel Dynamics Announces Dividend

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

Insider Transactions at Steel Dynamics

In other Steel Dynamics news, SVP James Stanley Anderson sold 10,000 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $268.70, for a total transaction of $2,687,000.00. Following the transaction, the senior vice president directly owned 102,837 shares of the company’s stock, valued at approximately $27,632,301.90. This trade represents a 8.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Miguel Alvarez sold 4,825 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $225.58, for a total transaction of $1,088,423.50. Following the completion of the sale, the senior vice president directly owned 122,257 shares of the company’s stock, valued at $27,578,734.06. The trade was a 3.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 22,125 shares of company stock valued at $5,438,226 over the last ninety days. 6.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Steel Dynamics

Institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. raised its stake in Steel Dynamics by 6.3% during the 4th quarter. Invesco Ltd. now owns 1,965,092 shares of the basic materials company’s stock valued at $332,985,000 after acquiring an additional 116,379 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Steel Dynamics by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,444,012 shares of the basic materials company’s stock valued at $244,688,000 after purchasing an additional 9,173 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Steel Dynamics by 23.5% in the fourth quarter. JPMorgan Chase & Co. now owns 1,308,702 shares of the basic materials company’s stock valued at $221,760,000 after purchasing an additional 249,442 shares during the period. Nuveen LLC raised its stake in shares of Steel Dynamics by 28.0% during the fourth quarter. Nuveen LLC now owns 1,212,587 shares of the basic materials company’s stock worth $205,473,000 after purchasing an additional 265,178 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Steel Dynamics by 34.7% during the second quarter. Bank of America Corp DE now owns 1,028,947 shares of the basic materials company’s stock worth $131,715,000 after purchasing an additional 264,827 shares during the last quarter. Institutional investors and hedge funds own 82.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on STLD shares. Bank of America decreased their target price on Steel Dynamics from $280.00 to $260.00 and set a “neutral” rating for the company in a research note on Thursday, July 9th. Barclays started coverage on shares of Steel Dynamics in a report on Thursday, May 21st. They set an “overweight” rating and a $270.00 price objective on the stock. Morgan Stanley boosted their price objective on shares of Steel Dynamics from $227.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Monday, June 22nd. BMO Capital Markets upped their target price on shares of Steel Dynamics from $195.00 to $240.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Finally, Weiss Ratings raised shares of Steel Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Steel Dynamics has a consensus rating of “Moderate Buy” and a consensus target price of $239.18.

Read Our Latest Analysis on STLD

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.