Steel Dynamics Stock: Analyst Estimates & Ratings
With a market cap of $20.2 billion, Steel Dynamics, Inc. (STLD) is a leading and highly diversified U.S. steel producer and metal recycler. The company operates through four segments - Steel Operations; Metals Recycling; Steel Fabrication; and Aluminum Operations, offering a wide range of steel and recycled metal products serving industries such as construction, automotive, manufacturing, and energy.
Shares of the Fort Wayne, Indiana-based company have underperformed the broader market over the past 52 weeks. STLD has risen 1.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.5%. However, VMC stock has returned 19.3% on a YTD basis, outpacing SPX's 1.4% gain over the same time period.
Looking closer, the steel producer and metals recycler has also outperformed the Materials Select Sector SPDR Fund's (XLB) 5.3% decline over the past 52 weeks.
Shares of Steel Dynamics rose 4.3% following its Q1 2025 earnings release on Apr. 22. The company reported earnings of $1.44 per share and net sales of $4.4 billion, beating the estimates. Investors responded positively to stronger steel demand, with steel shipments of 3.5 million tons and fabrication shipments of 135,581 tons beating estimates. The upbeat full-year outlook, including support from reduced imports, trade protections on coated flat-rolled steel, and continued onshoring trends, also helped boost market sentiment.
For the current fiscal year, ending in December 2025, analysts expect STLD's EPS to grow 3.5% year-over-year to $10.18. The company's earnings surprise history is promising. It beat the consensus estimates in the last four quarters.
Among the 12 analysts covering the stock, the consensus rating is a “Strong Buy.” That’s based on eight “Strong Buy” ratings, one “Moderate Buy,” and three “Holds.”
This configuration is more bullish than three months ago, with six “Strong Buy” ratings on the stock.
On Apr. 26, KeyBanc Capital Markets analyst Philip Gibbs maintained a “Buy” rating on Steel Dynamics and set a price target of $155.
As of writing, STLD is trading below the mean price target of $147. The Street-high price target of $155 implies a potential upside of 13.9% from the current price levels.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.