Steel Dynamics, Inc. (NASDAQ:STLD) will release earnings for its first quarter after the closing bell on Monday, April 20.

Analysts expect the Fort Wayne, Indiana-based company to report quarterly earnings of $2.79 per share. That’s up from $1.44 per share in the year-ago period. The consensus estimate for Steel Dynamics's quarterly revenue is $5.06 billion (it reported $4.37 billion last year), according to Benzinga Pro.

On March 17, Steel Dynamics issued first quarter earnings guidance in the range of $2.73 to $2.77 per share.

Shares of Steel Dynamics jumped 2.3% to close at $200.32 on Friday.

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.

  • Wells Fargo analyst Timna Tanners maintained an Overweight rating and raised the price target from $196 to $207 on April 16, 2026. This analyst has an accuracy rate of 74%.
  • JP Morgan analyst Bill Peterson maintained a Neutral rating and boosted the price target from $192 to $205 on April 14, 2026. This analyst has an accuracy rate of 59%.
  • Keybanc analyst Samuel McKinney assumed an Overweight rating with a price target of $190 on March 25, 2026. This analyst has an accuracy rate of 56%.
  • Morgan Stanley analyst Carlos De Alba downgraded the stock from Overweight to Equal-Weight and raised the price target from $173 to $194 on Jan. 9, 2026. This analyst has an accuracy rate of 75%.
  • Jefferies analyst Christopher LeFemina maintained a Buy rating and boosted the price target from $180 to $190 on Dec. 10, 2025. This analyst has an accuracy rate of 71%

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

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