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Steel Dynamics (STLD) Increases Despite Market Slip: Here's What You Need to Know
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In the latest close session, Steel Dynamics (STLD - Free Report) was up +1.84% at $169.70. The stock's change was more than the S&P 500's daily loss of 0.37%. Meanwhile, the Dow experienced a drop of 0.18%, and the technology-dominated Nasdaq saw a decrease of 0.84%.
Coming into today, shares of the steel producer and metals recycler had lost 14.98% in the past month. In that same time, the Basic Materials sector lost 14.81%, while the S&P 500 lost 3.7%.
The upcoming earnings release of Steel Dynamics will be of great interest to investors. The company's earnings report is expected on April 20, 2026. The company is expected to report EPS of $2.83, up 96.53% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $5.02 billion, indicating a 14.94% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $13.35 per share and revenue of $20.6 billion, indicating changes of +67.08% and +13.35%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Steel Dynamics. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.74% fall in the Zacks Consensus EPS estimate. As of now, Steel Dynamics holds a Zacks Rank of #3 (Hold).
Digging into valuation, Steel Dynamics currently has a Forward P/E ratio of 12.48. This expresses no noticeable deviation compared to the average Forward P/E of 12.48 of its industry.
We can additionally observe that STLD currently boasts a PEG ratio of 0.46. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Steel - Producers industry had an average PEG ratio of 0.46 as trading concluded yesterday.
The Steel - Producers industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 224, positioning it in the bottom 9% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Steel Dynamics (STLD) Increases Despite Market Slip: Here's What You Need to Know
In the latest close session, Steel Dynamics (STLD - Free Report) was up +1.84% at $169.70. The stock's change was more than the S&P 500's daily loss of 0.37%. Meanwhile, the Dow experienced a drop of 0.18%, and the technology-dominated Nasdaq saw a decrease of 0.84%.
Coming into today, shares of the steel producer and metals recycler had lost 14.98% in the past month. In that same time, the Basic Materials sector lost 14.81%, while the S&P 500 lost 3.7%.
The upcoming earnings release of Steel Dynamics will be of great interest to investors. The company's earnings report is expected on April 20, 2026. The company is expected to report EPS of $2.83, up 96.53% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $5.02 billion, indicating a 14.94% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $13.35 per share and revenue of $20.6 billion, indicating changes of +67.08% and +13.35%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Steel Dynamics. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.74% fall in the Zacks Consensus EPS estimate. As of now, Steel Dynamics holds a Zacks Rank of #3 (Hold).
Digging into valuation, Steel Dynamics currently has a Forward P/E ratio of 12.48. This expresses no noticeable deviation compared to the average Forward P/E of 12.48 of its industry.
We can additionally observe that STLD currently boasts a PEG ratio of 0.46. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Steel - Producers industry had an average PEG ratio of 0.46 as trading concluded yesterday.
The Steel - Producers industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 224, positioning it in the bottom 9% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.