Steel Dynamics Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga07-16 20:32

Steel Dynamics, Inc. (NASDAQ:STLD) will release its second quarter earnings report after the closing bell on Monday, July 20.

Analysts expect the Fort Wayne, Indiana-based company to report quarterly earnings of $3.68 per share, up from $2.01 per share in the year-ago period. The consensus estimate for Steel Dynamics’ quarterly revenue is $5.54 billion. It reported $4.57 billion last year, according to Benzinga Pro.

On June 17, Steel Dynamics said it expects second-quarter earnings range of $3.51 to $3.55 per share.

Steel Dynamics shares rose 1% to close at $235.56 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • B of A Securities analyst Lawson Winder maintained a Neutral rating and cut the price target from $280 to $260 on July 9, 2026. This analyst has an accuracy rate of 58%.
  • Keybanc analyst Samuel McKinney maintained an Overweight rating and increased the price target from $241 to $262 on June 24, 2026. This analyst has an accuracy rate of 60%.
  • Morgan Stanley analyst Carlos De Alba maintained an Equal-Weight rating and raised the price target from $227 to $270 on June 22, 2026. This analyst has an accuracy rate of 73%.
  • Wells Fargo analyst Timna Tanners maintained an Overweight rating and cut the price target from $293 to $291 on June 18, 2026. This analyst has an accuracy rate of 69%.
  • JP Morgan analyst Bill Peterson maintained a Neutral rating and raised the price target from $210 to $262 on June 10, 2026. This analyst has an accuracy rate of 59%.

Considering buying STLD stock? Here’s what analysts think:

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