Analysts’ Weekly Ratings Updates for Steel Dynamics (STLD)

A number of firms have modified their ratings and price targets on shares of Steel Dynamics (NASDAQ: STLD) recently:

• 10/28/2026 – Steel Dynamics was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 10/23/2026 – Steel Dynamics was given a new $280.00 price target by Barclays.
• 10/23/2026 – Steel Dynamics had its price target raised by KeyCorp from $262.00 to $265.00. They now have an “overweight” rating on the stock.
• 10/21/2026 – Steel Dynamics had its price target raised by Wells Fargo & Company from $257.00 to $271.00. They now have an “overweight” rating on the stock.
• 10/21/2026 – Steel Dynamics had its price target raised by BNP Paribas Exane from $275.00 to $276.00. They now have an “outperform” rating on the stock.
• 10/20/2026 – Steel Dynamics had its “buy” rating reaffirmed by The Goldman Sachs Group. They now have a $299.00 price target on the stock, down from $301.00.
• 10/19/2026 – Steel Dynamics had its price target raised by Barclays from $272.00 to $285.00. They now have an “overweight” rating on the stock.
• 10/13/2026 – Steel Dynamics was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 10/9/2026 – Steel Dynamics had its price target lowered by JPMorgan Chase & Co. from $272.00 to $260.00. They now have a “neutral” rating on the stock.
• 9/29/2026 – Steel Dynamics had its price target lowered by BMO Capital Markets from $296.00 to $290.00. They now have an “outperform” rating on the stock.
• 9/28/2026 – Steel Dynamics was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 9/20/2026 – Steel Dynamics was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 9/18/2026 – Steel Dynamics had its price target raised by Wells Fargo & Company from $255.00 to $257.00. They now have an “overweight” rating on the stock.
• 9/18/2026 – Steel Dynamics had its price target lowered by JPMorgan Chase & Co. from $273.00 to $272.00. They now have a “neutral” rating on the stock.
• 9/12/2026 – Steel Dynamics was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 9/11/2026 – Steel Dynamics was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 9/9/2026 – Steel Dynamics had its price target raised by JPMorgan Chase & Co. from $260.00 to $273.00. They now have a “neutral” rating on the stock.

Steel Dynamics Stock Performance

STLD traded down $9.60 during trading hours on Wednesday, hitting $238.06. The company’s stock had a trading volume of 495,602 shares, compared to its average volume of 1,186,818. Steel Dynamics, Inc. has a fifty-two week low of $150.03 and a fifty-two week high of $288.74. The company has a current ratio of 3.14, a quick ratio of 1.48 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $33.86 billion, a PE ratio of 17.57, a PEG ratio of 0.36 and a beta of 1.45. The company has a 50-day simple moving average of $238.73 and a 200 day simple moving average of $224.07.

Steel Dynamics (NASDAQ:STLD) last announced its earnings results on Monday, October 19th. The basic materials company reported $5.26 earnings per share for the quarter, missing the consensus estimate of $5.48 by ($0.22). Steel Dynamics had a net margin of 8.82% and a return on equity of 21.57%. The business had revenue of $6.51 billion for the quarter, compared to the consensus estimate of $6.43 billion. During the same period in the previous year, the firm earned $2.74 EPS. The firm’s revenue was up 34.8% on a year-over-year basis. As a group, sell-side analysts expect that Steel Dynamics, Inc. will post 18.12 EPS for the current year.

Steel Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Wednesday, September 30th were given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, September 30th. Steel Dynamics’s payout ratio is 15.65%.

Steel Dynamics, Inc is a steel producer and metals recycler headquartered in Fort Wayne, Indiana. The company manufactures steel products using electric arc furnace technology and serves customers across industries such as construction, automotive, manufacturing, and energy.

Its operations include the production of flat rolled steel, long steel products, structural steel, rail, and specialty products. Steel Dynamics also provides steel processing and fabrication services, including the manufacture of steel joists, deck systems, and other components used in commercial and industrial construction.

The company operates metals recycling facilities that collect, process, and supply ferrous and nonferrous scrap to support its steelmaking operations.