An announcement from Steel Dynamics ( (STLD) ) is now available.
On March 17, 2025, Steel Dynamics, Inc. announced its first quarter 2025 earnings guidance, projecting earnings per diluted share between $1.36 and $1.40. The company’s steel operations are expected to see increased profitability due to higher shipments, despite some metal margin compression. The Sinton Texas Flat Roll Division operated at over 90% production capacity, indicating a path to profitability by the second quarter. Metals recycling operations are also expected to perform better than the previous quarter, while steel fabrication earnings are anticipated to be lower due to seasonal factors. The company is advancing its aluminum operations, with significant progress in its Columbus, Mississippi mill and San Luis Potosi center. Additionally, Steel Dynamics increased its cash dividend by nine percent and authorized an additional $1.5 billion for share repurchases, reflecting confidence in its financial outlook.
More about Steel Dynamics
Steel Dynamics, Inc. is one of the largest domestic steel producers and metals recyclers in North America, with facilities in the United States and Mexico. The company produces a wide range of steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams, rail, and steel joists and deck, as well as liquid pig iron and ferrous and nonferrous scrap.
YTD Price Performance: 11.62%
Average Trading Volume: 1,778,972
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $19.09B
For detailed information about STLD stock, go to TipRanks’ Stock Analysis page.