Analyst Lawson Winder of Bank of America Securities maintained a Buy rating on Steel Dynamics, retaining the price target of $155.00.
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Lawson Winder has given his Buy rating due to a combination of factors that highlight Steel Dynamics’ strong financial performance and strategic advancements. The company’s earnings per share for the third quarter of 2025 exceeded both its own guidance and consensus estimates, driven by lower taxes and interest expenses. Additionally, the company’s Free Cash Flow significantly surpassed expectations, indicating robust financial health.
Another key factor in the Buy rating is the progress at Steel Dynamics’ new aluminum rolling mill, which has achieved commercial qualification for its products ahead of schedule. This advancement, along with strong demand and pricing in the long steel market, positions the company well for future growth. Despite some challenges in the steel segment, such as lower pricing, the overall outlook remains positive, supported by solid fabrication backlogs and a favorable environment for capital returns as the aluminum mill ramps up.
In another report released yesterday, Jefferies also reiterated a Buy rating on the stock with a $165.00 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.