Bank of America Securities analyst Lawson Winder maintained a Buy rating on Steel Dynamics today and set a price target of $155.00.
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Lawson Winder’s rating is based on several positive indicators for Steel Dynamics. Despite a slight miss in Q2’25 earnings compared to expectations, the company’s profitability in certain segments, like Sinton, showed improvement. This suggests potential for future growth, especially as trade policy stabilization could unlock pent-up demand.
Additionally, the company’s strategic moves, such as the ramp-up of its aluminum rolling mill and solid share buybacks, indicate a strong capital return capability. The increase in fabrication backlog and expected improvement in segment earnings further support the Buy rating. Overall, these factors contribute to a positive outlook for Steel Dynamics, justifying the Buy recommendation.
In another report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a $145.00 price target.
Based on the recent corporate insider activity of 117 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of STLD in relation to earlier this year.