Steel Dynamics Inc. ($STLD) Stock Forecast: Up 5.2% Today

What is Steel Dynamics Inc.?

Steel Dynamics (STLD) operates in the basic materials sector, specializing in carbon steel products, steel recycling, and components for non-residential construction. In the last quarter, the company exceeded expectations by reporting a 14% increase in revenue.

Why is Steel Dynamics Inc. going up?

STLD stock is up 5.2% on Mar 2, 2026 20:46

• Support from financial institution in the form of an increased price target from $190 to $210 and an "overweight" rating could be behind the recent rise in STLD stock, offering a potential 6.84% upside.
• The robust Q4 earnings report, which saw earnings per share beat estimates at $1.82, also contributed to the positive sentiment surrounding STLD.
• The company's decision to raise its quarterly cash dividend by 6% to $0.53 per share and its non-binding offer to acquire BlueScope Steel for AU$15 billion likely added to investor confidence in STLD's growth prospects.
• The current optimistic trend in Steel Dynamics' stock price can be attributed to a combination of favorable analyst ratings, strong financial performance, dividend increase, and acquisition news.

STLD Price Chart

STLD Technical Analysis

STLD News

Wells Fargo & Company Increases Steel Dynamics (NASDAQ:STLD) Price Target to $210.00

Wells Fargo & Company has increased its price target for Steel Dynamics (NASDAQ:STLD) from $190.00 to $210.00, maintaining an "overweight" rating and suggesting a 6.84% upside. This adjustment comes as other brokerages have also recently raised their price targets for the basic materials company. Steel Dynamics recently reported Q4 EPS of $1.82, beating estimates, with revenue up 14% year-over-year.

https://www.marketbeat.com/instant-alerts/wells-fargo-company-increases-steel-dynamics-nasdaqstld-price-target-to-21000-2026-03-02/

Well Fargo Adjusts Price Target on Steel Dynamics to $210 From $190, Maintains Overweight Rating

Well Fargo has increased its price target for Steel Dynamics (STLD) from $190 to $210, while reaffirming an Overweight rating on the stock. This adjustment reflects an updated positive outlook from the firm regarding the steel producer. Steel Dynamics specializes in carbon steel products, steel recycling, and components for non-residential construction.

https://www.marketscreener.com/news/well-fargo-adjusts-price-target-on-steel-dynamics-to-210-from-190-maintains-overweight-rating-ce7e5cdcd18bf722

Steel Dynamics, Inc. (NASDAQ:STLD) Given Average Rating of "Moderate Buy" by Brokerages

Steel Dynamics, Inc. (NASDAQ:STLD) has received a "Moderate Buy" consensus rating from analysts, with an average 12-month price target of $182.00, and several firms recently raising targets to around $190–$194. The company reported a Q4 EPS beat at $1.82 against an estimated $1.72, and its revenue increased 14% year-over-year to $4.41 billion. Steel Dynamics also raised its quarterly dividend to $0.53, leading to an annualized dividend of $2.12 and a yield of approximately 1.1%.

https://www.marketbeat.com/instant-alerts/steel-dynamics-inc-nasdaqstld-given-average-rating-of-moderate-buy-by-brokerages-2026-03-02/

STLD Financials: Income Statement, Balance Sheet & Cash Flow

This article provides a comprehensive overview of Steel Dynamics Inc.'s (STLD) financial health, including its income statement, balance sheet, and cash flow for fiscal year 2025 and previous periods. It details various financial metrics, profitability, growth, leverage, liquidity, and cash flow, alongside financial health scores like Altman Z-Score and Piotroski F-Score. The company reported $17.6B in revenue, $1.2B in net income, and a "Safe" Altman Z-Score, indicating low bankruptcy risk.

https://www.stocktitan.net/financials/STLD/

Steel Dynamics, Inc. (STLD) Increases Its Quarterly Cash Dividend by 6% to $0.53 Per Share

Steel Dynamics, Inc. (STLD) has increased its quarterly cash dividend by 6% to $0.53 per share, payable on April 10 to shareholders of record on March 31, 2026. The company recently presented a non-binding offer to acquire 100% of BlueScope Steel for AU$15 billion, or about $11 billion. In Q4 2025, STLD reported net sales of $4.4 billion and a net income of $266 million.

https://www.insidermonkey.com/blog/steel-dynamics-inc-stld-increases-its-quarterly-cash-dividend-by-6-to-0-53-per-share-1706933/

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Steel Dynamics Inc. Price History

16.08.2025 - STLD Stock was up 7.2%

• Steel Dynamics (STLD) experienced a strong bullish movement today, driven by the following factors:
• Strong third-quarter earnings guidance exceeding market expectations, indicating robust profitability.
• Repurchase of a significant amount of common stock during the quarter, showcasing confidence in the company's future performance.
• Positive industry trends, with increased shipments and wider metal spreads supporting a favorable outlook for STLD.
• Positioned to leverage market opportunities and provide value to its shareholders amidst some market fluctuations.

16.08.2025 - STLD Stock was up 6.9%

• STLD's optimistic third-quarter forecast, anticipating increased profits from higher shipments and broader metal spreads, underscores the company's robust fundamentals and promising growth trajectory.
• Investor preference for diversified industry peers like Nucor and Reliance may have indirectly bolstered confidence in STLD's performance.
• Despite a recent decline in STLD's stock price, today's overall bullish market activity could be linked to the favorable earnings outlook and growth potential, overshadowing short-term fluctuations.

16.08.2025 - STLD Stock was up 6.0%

• Despite a bullish market overall, Steel Dynamics (STLD) experienced a -3.16% slide in its stock price.
• Investors are showing caution and favoring diversified players like Nucor and Reliance in the steel industry.
• The smaller planned outages compared to last year are maintaining supply pressure in the market, impacting companies like Steel Dynamics.
• The market movement could be attributed to the company-specific factors or concerns about its ability to navigate the current challenges in the steel industry.

21.09.2025 - STLD Stock was up 5.1%

• Steel Dynamics (STLD) saw a strong uptrend today, standing out from the broader market's recent dip.
• Expectations of STLD surpassing analysts' projected earnings of $2.63 per share for this quarter, up from $2.05 per share last year, likely fueled this positive momentum.
• Beyond standard financial estimates, investors are focusing on key performance indicators, hinting at an optimistic outlook for the company's Q3 results.
• Favorable market conditions and heightened interest in steel stocks like STLD, amidst increased U.S. stock futures trading, also contributed to today's upward movement in the stock price.

26.00.2026 - STLD Stock was down 1.4%

• Despite reporting better-than-expected earnings, Steel Dynamics' stock experienced a bearish movement, possibly due to the revenue miss in the fourth quarter.
• The lower average realized selling values and reduced volumes attributed to seasonal demand and maintenance outages may have raised concerns among investors, leading to the stock's decline.
• The optimistic outlook for the steel sector in 2026 by Steel Dynamics' management might have provided some support, but the revenue miss likely overshadowed the positive sentiment, resulting in the bearish market movement.
• Overall, the mixed results in earnings and revenue, along with market uncertainties, contributed to the bearish trend in Steel Dynamics' stock today.

03.01.2026 - STLD Stock was up 5.6%

• The bullish movement in STLD's stock price can be attributed to the company's impressive financial performance, with strong Q3 earnings per share exceeding estimates and a consistent dividend payment record for 22 years.
• The announcement of Steel Dynamics Inc.'s President and COO, Barry Schneider, being elected as the chair of the Steel Manufacturers Association's Executive Committee could have also boosted investor confidence in the company's leadership and strategic direction.
• Despite institutional investors holding a substantial 82.41% of the company's stock, indicating continued confidence in its long-term growth prospects, the New York State Common Retirement Fund sold a portion of its stake in STLD.
• The global Open Web Steel Joist Market's projected growth to reach USD 10.1 Billion by 2032 could have also positively influenced STLD's stock price, reflecting potential opportunities for the company in emerging markets and smart manufacturing.

13.01.2026 - STLD Stock was down 7.7%

• Today, Steel Dynamics (STLD) experienced a strong bearish movement in the market, influenced by several factors:
• The projection of increased M&A activity in the U.S. metals industry due to policy changes may have created uncertainty around STLD's future positioning and market competitiveness.
• The global industry analysis forecasting growth in a specific market might have diverted investor attention from traditional steel companies like STLD, impacting its stock performance.
• While STLD is recognized as a top value stock, the emphasis on supplier relationships and value in a recent summit could have highlighted potential challenges or disruptions in STLD's supply chain, leading to a bearish sentiment among investors.
• Overall, the combination of market dynamics, industry projections, and focus on alternative markets may have contributed to the bearish movement in Steel Dynamics' stock price today.

10.11.2025 - STLD Stock was up 2.9%

• Raised price target to $175 from $145, maintaining a Buy rating, signaling a positive outlook for the company's operations.
• Despite recent losses, STLD outperformed competitors and the broader market, showcasing its resilience and potential for growth.
• Adjusted price target to $190 from $165, while maintaining a Neutral rating, indicates a reevaluation of STLD's valuation, contributing to the bullish momentum.
• The overall positive sentiment towards STLD, coupled with strategic changes in price targets and ratings by financial institutions, likely fueled the stock's bullish movement today.

27.00.2026 - STLD Stock was down 5.4%

• A significant reduction of 22.9% in stake by Mitsubishi UFJ Trust & Banking Corp in STLD may have indicated a lack of confidence in the company's future prospects, contributing to the bearish movement.
• Despite maintaining a Neutral rating, JPMorgan adjusted the price target for STLD upwards to $194, showing a cautious optimism in the stock's potential that might not have been enough to offset the overall market sentiment.
• Challenges in the steel industry could be evident, as mentioned by Jim Cramer's praise for Nucor as the "best steel company in the world," despite missing earnings expectations, hinting at a broader market trend impacting steel stocks.
• Talks between Ford and General Motors with First Brands for rescue financing could have furthered the negative sentiment in the steel industry, potentially affecting related stocks like STLD.

21.00.2026 - STLD Stock was up 5.2%

• Steel Dynamics (STLD) showed a strong bullish movement recently, potentially influenced by positive market sentiment and expectations surrounding the upcoming Q4 earnings.
• Analysts' revised EPS estimates upward and optimistic forecasts for Q4 earnings and revenue have bolstered this positive momentum.
• While some institutional investors have decreased their holdings in STLD, there is still an overall optimistic market sentiment evident through increased positions by other investors and higher price targets set by analysts.
• The financing deal involving Wells Fargo for Worthington Steel GmbH's bid to acquire Klöckner & Co SE could also have had a positive impact on the steel industry, including companies like Steel Dynamics.

02.02.2026 - STLD Stock was up 5.0%

• STLD is highlighted as a quality dividend stock for dependable income, with a history of consistent payments and growth.
• The company's solid earnings and sound balance sheet likely contributed to investor confidence, driving the bullish movement.
• Despite a modest current yield, STLD's financial health, reasonable valuation, and potential for share price gains make it an attractive option for long-term dividend investors.
• The positive sentiment surrounding STLD's dividend profile and financial performance likely fueled the bullish movement in the market today.

02.02.2026 - STLD Stock was up 5.2%

• Support from financial institution in the form of an increased price target from $190 to $210 and an "overweight" rating could be behind the recent rise in STLD stock, offering a potential 6.84% upside.
• The robust Q4 earnings report, which saw earnings per share beat estimates at $1.82, also contributed to the positive sentiment surrounding STLD.
• The company's decision to raise its quarterly cash dividend by 6% to $0.53 per share and its non-binding offer to acquire BlueScope Steel for AU$15 billion likely added to investor confidence in STLD's growth prospects.
• The current optimistic trend in Steel Dynamics' stock price can be attributed to a combination of favorable analyst ratings, strong financial performance, dividend increase, and acquisition news.