Key Points
- SVP Miguel Alvarez sold 4,825 shares at an average price of $225.58 for roughly $1.09M, trimming his stake by 3.8% to 122,257 shares (disclosed on an SEC Form 4).
- Steel Dynamics reported Q1 EPS of $2.78 (missed by $0.01) and revenue of $5.20B (below expectations) but revenue was up 19.1% year‑over‑year, and recent analyst price‑target upgrades helped drive strong stock momentum toward its one‑year high.
- The company increased its quarterly dividend from $0.50 to $0.53 (annualized $2.12), implying a ~0.9% yield and a payout ratio around 22.7%.
Steel Dynamics, Inc. (NASDAQ:STLD - Get Free Report) SVP Miguel Alvarez sold 4,825 shares of the stock in a transaction 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 sale, the senior vice president directly owned 122,257 shares in the company, valued at approximately $27,578,734.06. This represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Steel Dynamics Trading Up 0.8%
Steel Dynamics stock opened at $226.79 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.29. Steel Dynamics, Inc. has a one year low of $119.89 and a one year high of $229.00. The stock has a market capitalization of $32.82 billion, a PE ratio of 24.26, a price-to-earnings-growth ratio of 0.57 and a beta of 1.39. The business's fifty day moving average is $187.85 and its 200 day moving average is $174.51.
Steel Dynamics (NASDAQ:STLD - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The basic materials company reported $2.78 EPS for the quarter, missing the consensus estimate of $2.79 by ($0.01). Steel Dynamics had a net margin of 7.22% and a return on equity of 15.54%. The business had revenue of $5.20 billion for the quarter, compared to analysts' expectations of $5.39 billion. During the same period last year, the business earned $1.44 earnings per share. The company's quarterly revenue was up 19.1% on a year-over-year basis. On average, sell-side analysts predict that Steel Dynamics, Inc. will post 14.35 EPS for the current year.
Steel Dynamics Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Tuesday, March 31st were given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.9%. This is a boost from Steel Dynamics's previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Tuesday, March 31st. Steel Dynamics's payout ratio is 22.67%.
Key Stories Impacting Steel Dynamics
Here are the key news stories impacting Steel Dynamics this week:
- Positive Sentiment: Analysts lifted price targets and reiterated bullish views, supporting upside expectations — Citi raised its target to $255, KeyCorp to $241, BMO and Wells Fargo issued supportive notes. These upgrades increase buy-side conviction and likely helped buying interest. Citigroup Raises Steel Dynamics (NASDAQ:STLD) Price Target to $255.00 KeyCorp Raises Steel Dynamics (NASDAQ:STLD) Price Target to $241.00 BMO Capital Markets Forecasts Strong Price Appreciation for Steel Dynamics (NASDAQ:STLD) Stock Wells Fargo Raises Steel Dynamics (STLD) Price Target to $207, Stays Bullish on Steel
- Positive Sentiment: Strong Q1 results and management commentary — outlets report record shipments, rising Q1 profit and a positive outlook that analysts are rewarding; this fundamental beat/guide-up dynamic is a direct catalyst for buying. Steel Dynamics surges to all-time high on rising Q1 profit, positive outlook Steel Dynamics Inc (STLD) Q1 2026 Earnings Call Highlights: Record Shipments and Robust ...
- Positive Sentiment: Market recognition and momentum — coverage notes STLD joining an “elite” list with a 95+ composite rating and commentary (e.g., The Motley Fool) highlighting why the stock has spiked, reinforcing momentum trading. Steel Dynamics joins elite list of stocks with 95-plus composite rating Here's Why Steel Dynamics Stock Spiked This Week and How That Could Continue
- Neutral Sentiment: Short-interest data is anomalous/zero in the latest report (shows 0 shares / 0 days), which appears to be a reporting artifact rather than a market driver — not meaningful until clarified by exchanges or the data provider.
- Neutral Sentiment: Macro/sector context: coverage on tariffs and how domestic steel demand is reshaping winners and losers provides background but is not a firm-specific catalyst today. Tariffs Rose: 1 Steelmaker Thrived, 1 Still Struggles
- Negative Sentiment: Insider selling by senior executives — SVP Miguel Alvarez sold 4,825 shares (~$1.09M) and Director Kenneth Cornew sold 5,000 shares (~$1.12M) last week; while often routine, these disclosures can introduce short-term selling pressure or concern for some investors. Miguel Alvarez Form 4 Kenneth W. Cornew Form 4
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Lingohr Asset Management GmbH raised its stake in shares of Steel Dynamics by 1,284.8% in the third quarter. Lingohr Asset Management GmbH now owns 40,423 shares of the basic materials company's stock worth $5,636,000 after buying an additional 37,504 shares during the period. Ninety One UK Ltd raised its stake in shares of Steel Dynamics by 33.5% in the third quarter. Ninety One UK Ltd now owns 119,863 shares of the basic materials company's stock worth $16,712,000 after buying an additional 30,102 shares during the period. Rakuten Investment Management Inc. purchased a new stake in shares of Steel Dynamics during the third quarter worth about $8,592,000. Forvis Mazars Wealth Advisors LLC purchased a new stake in shares of Steel Dynamics during the third quarter worth about $1,047,000. Finally, Mediolanum International Funds Ltd grew its position in shares of Steel Dynamics by 157.2% during the third quarter. Mediolanum International Funds Ltd now owns 206,140 shares of the basic materials company's stock worth $28,629,000 after purchasing an additional 125,981 shares in the last quarter. Institutional investors own 82.41% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on STLD shares. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Steel Dynamics in a research report on Monday, December 29th. Wells Fargo & Company increased their price objective on Steel Dynamics from $207.00 to $235.00 and gave the company an "overweight" rating in a research report on Wednesday. BMO Capital Markets increased their price objective on Steel Dynamics from $195.00 to $240.00 and gave the company an "outperform" rating in a research report on Wednesday. Wall Street Zen raised Steel Dynamics from a "hold" rating to a "buy" rating in a research report on Saturday, April 18th. Finally, Jefferies Financial Group reissued a "buy" rating on shares of Steel Dynamics in a report on Tuesday, March 17th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $210.33.
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Steel Dynamics Company Profile
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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.
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