DailyIQ
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Sector:Basic MaterialsAll sectors
Last updated 2 minutes ago

STLD·Steel Dynamics, Inc.

$.
+. (+.%)
After Hours
High
$250.96
Open
$241.68
Market Cap
34.62B
52W High
$243.72
Low
$240.73
P. Close
$250.57
P/E
25.23
52W Low
$119.89
Fwd P/E
14.72
Mean Target
$241.42
Technical Score (1D)
95
BUY
News Sentiment
57
BULLISH
Barclays has initiated coverage on Steel Dynamics (STLD) with an Overweight rating and a $77 price target. The firm's analyst points to transformative technologies and increasing trade barriers as key drivers for renewed growth in the metals and mining sector. This positive outlook is further supported by expectations that copper demand will outpace supply through 2026, alongside forecasts for higher steel prices. Investors should monitor commentary from other analysts and industry participants for confirmation of these trends.
Earnings Summary
Steel Dynamics, Inc. is a vertically integrated steel producer and metal recycler operating within the United States, serving key sectors like construction, automotive, and manufacturing. As a significant player in the North American steel market within the Basic Materials sector, the company's operations encompass steel production, metal recycling, steel fabrication, and recycled aluminum flat rolled products. In its most recent reported quarters, Steel Dynamics demonstrated a trend of accelerating revenue growth, with Q1 2026 revenue reaching $5.20 billion, up from $4.41 billion in Q4 2025 and $4.83 billion in Q3 2025. Earnings per share (EPS) have shown a more mixed pattern; while Q1 2026 EPS was $2.78, a slight decrease from Q3 2025's $2.74, it followed a significant jump from Q4 2025's $1.82. The company has generally beaten EPS estimates in recent quarters, with actual EPS exceeding estimates in Q4 2025 ($1.82 vs $1.72), Q1 2026 ($2.78 vs $2.84 - a slight miss), and Q3 2025 ($2.74 vs $2.63). Historically, Steel Dynamics has shown a strong year-over-year growth trajectory, with revenue consistently increasing across reported periods. The company has a pattern of beating analyst estimates for EPS, having done so in Q4 2024, Q1 2025, Q2 2025, and Q3 2025, indicating a generally positive performance against expectations, although Q1 2026 saw a slight miss. Recent news highlights Steel Dynamics' significant rally over the past year, with returns exceeding 70%, prompting investor focus on its current valuation and future growth potential within the broader US materials sector. JPMorgan Chase & Co. recently raised its price target to $205.00, maintaining a neutral rating, underscoring a mixed but slightly positive analyst sentiment. Moving forward, investors will be watching for continued revenue growth and the company's ability to maintain its positive EPS beat streak, particularly in light of recent analyst target adjustments and the overall market sentiment towards the materials sector.

EPS

EstBeatMiss
$1.17$1.64$2.11$2.59$3.06Q1'25Q2'25Q3'25Q4'25Q1'26
QtrEstActual+/−
Q1'26$2.84$2.78-2.1%
Q4'25$1.72$1.82+5.5%
Q3'25$2.63$2.74+4.2%
Q2'25$2.08$2.01-3.5%
Q1'25$1.38$1.44+4.0%

Revenue

EstBeatMiss
$4.2B$4.5B$4.8B$5.1B$5.3BQ1'25Q2'25Q3'25Q4'25Q1'26
QtrEstActual+/−
Q1'26$5.2B$5.2B+0.1%
Q4'25$4.7B$4.4B-5.4%
Q3'25 - $4.8B -
Q2'25 - $4.6B -
Q1'25 - $4.4B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

STLD Stock Snapshot

STLD is currently trading at $250.96, giving Steel Dynamics, Inc. a market cap of 34.62B and a P/E ratio of 25.2. Today's range spans $240.73–$250.96, with shares opening at $241.68 and moving up $0.39 (0.2%) from the prior close. DailyIQ's technical score sits at 95/100 (BUY) with a news sentiment reading of 57/100.

Over the past year STLD has traded between $119.89 and $243.72 - the current price is +109.3% off the 52-week low and +3.0% from the high. 21 analysts cover the stock with a Buy consensus and a mean 12-month target of $241.42 (range $210.00–$270.00), implying downside of -3.8%.

In the Basic Materials peer group, Steel Dynamics, Inc. (STLD) stands out for a BUY signal backed by aligned sentiment - score 95/100, sentiment neutral at 57/100, price $250.96 (near 52-week highs). (P/E: 25.2) With 34.62B in market cap, this is large enough to feature on institutional watch lists but small enough to re-rate meaningfully on a positive earnings surprise. The 52-week span of $119.89–$243.72 shows the stock has already proven it can make significant moves.

The combination of a BUY signal (95/100) and neutral news sentiment (57/100) puts STLD on the screens of active managers who run quality-momentum overlays — a cohort that can build meaningful positions at 34.62B in Basic Materials market cap without immediately moving the stock. At $250.96 (near 52-week highs in the $119.89–$243.72 range), the entry discipline is clean and the potential re-rating if sentiment continues to improve is meaningful.