Steel Dynamics, Inc. (NASDAQ:STLD) will release earnings for its third quarter after the closing bell on Monday, Oct. 19.

Analysts expect the Fort Wayne, Indiana-based company to report quarterly earnings of $5.40 per share, up from $2.74 per share in the year-ago period. The consensus estimate for STLD’s quarterly revenue is $6.54 billion. It reported $4.83 billion last year, according to Benzinga Pro.

On Sept. 17, Steel Dynamics issued third-quarter EPS guidance below estimates.

Shares of Steel Dynamics rose 1.8% to close at $238.38 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.

  • JP Morgan analyst Bill Peterson maintained a Neutral rating and cut the price target from $272 to $260 on Oct. 9, 2026. This analyst has an accuracy rate of 61%.
  • Wells Fargo analyst Timna Tanners maintained an Overweight rating and raised the price target from $255 to $257 on Sept. 18, 2026. This analyst has an accuracy rate of 64%.
  • Morgan Stanley analyst Carlos De Alba maintained an Equal-Weight rating and cut the price target from $270 to $260 on July 22, 2026. This analyst has an accuracy rate of 74%.
  • Barclays analyst Richard Garchitorena maintained an Overweight rating and raised the price target from $270 to $272 on July 22, 2026. This analyst has an accuracy rate of 61%.
  • B of A Securities analyst Lawson Winder maintained the stock with a Neutral rating and cut the price target from $280 to $260 on July 9, 2026. This analyst has an accuracy rate of 62%.

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

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