Analysts’ Weekly Ratings Updates for Steel Dynamics (STLD)

A number of firms have modified their ratings and price targets on shares of Steel Dynamics (NASDAQ: STLD) recently:

• 10/20/2026 – Steel Dynamics had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc..
• 10/19/2026 – Steel Dynamics had its price target raised by Barclays PLC from $272.00 to $285.00. They now have an “overweight” rating on the stock.
• 10/13/2026 – Steel Dynamics was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 10/9/2026 – Steel Dynamics had its price target lowered by JPMorgan Chase & Co. from $272.00 to $260.00. They now have a “neutral” rating on the stock.
• 9/28/2026 – Steel Dynamics was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 9/20/2026 – Steel Dynamics was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 9/18/2026 – Steel Dynamics had its price target raised by Wells Fargo & Company from $255.00 to $257.00. They now have an “overweight” rating on the stock.
• 9/18/2026 – Steel Dynamics had its price target lowered by JPMorgan Chase & Co. from $273.00 to $272.00. They now have a “neutral” rating on the stock.
• 9/12/2026 – Steel Dynamics was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 9/11/2026 – Steel Dynamics was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 9/9/2026 – Steel Dynamics had its price target raised by JPMorgan Chase & Co. from $260.00 to $273.00. They now have a “neutral” rating on the stock.
• 8/24/2026 – Steel Dynamics had its price target lowered by Wells Fargo & Company from $275.00 to $255.00. They now have an “overweight” rating on the stock.

Steel Dynamics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 30th. Steel Dynamics’s payout ratio is presently 19.22%.

Steel Dynamics, Inc is a steel producer and metals recycler headquartered in Fort Wayne, Indiana. The company manufactures steel products using electric arc furnace technology and serves customers across industries such as construction, automotive, manufacturing, and energy.

Its operations include the production of flat rolled steel, long steel products, structural steel, rail, and specialty products. Steel Dynamics also provides steel processing and fabrication services, including the manufacture of steel joists, deck systems, and other components used in commercial and industrial construction.

The company operates metals recycling facilities that collect, process, and supply ferrous and nonferrous scrap to support its steelmaking operations.