Steel Dynamics stock reports stronger third quarter EPS guidance
Published on 09/25/2026 at 10:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Steel Dynamics stock stood at USD 235.20 on Nasdaq on September 24, 2026, after a 0.39 percent daily gain. The company set third-quarter diluted EPS guidance at USD 5.34 to USD 5.38 in a September 17, 2026 release, putting earnings expectations well above the second quarter level.
Q3 EPS points to a sharper quarter
According to Steel Dynamics, second-quarter 2026 diluted EPS was USD 3.69, while third-quarter 2025 EPS was USD 2.74. The midpoint of the new guidance, USD 5.36, is USD 1.67 above the second-quarter result and USD 2.62 above the prior-year comparison.
The company attributed the expected improvement to higher steel operating profitability, metal margin expansion and record shipments. Metals recycling earnings were projected to decline sequentially, while steel fabrication and aluminum were expected to improve.
Revenue sets a higher base
Steel Dynamics delivered second-quarter 2026 revenue of USD 6.091557 billion, compared with USD 5.204858 billion in the first quarter. That represents an increase of USD 886.699 million, or 17.04 percent, within the first half of 2026.
MarketBeat reported that the latest quarterly EPS of USD 3.69 exceeded the USD 3.63 consensus estimate by USD 0.06, while revenue of USD 6.09 billion exceeded the USD 5.56 billion estimate. The revenue comparison adds an important operating dimension to the higher EPS outlook.
Stock remains below yearly high
Steel Dynamics traded at USD 235.20 on Nasdaq on September 24, 2026, with a market capitalization of USD 33,710,768,414. The price was 18.54 percent below the 52-week high of USD 288.74 and above the 52-week low of USD 136.62.
For investors, the key checkpoint is the October 19, 2026 earnings release scheduled after the market closes. The gap between the USD 3.69 second-quarter EPS and the USD 5.34 to USD 5.38 third-quarter guidance range makes execution on shipments and metal margins central to the next update.
Steel Dynamics stock facts
- Company: Steel Dynamics, Inc.
- Ticker: STLD
- Trading venue: Nasdaq
- Price as of September 24, 2026: USD 235.20
- Market capitalization: USD 33,710,768,414 as of September 24, 2026
- 52-week range: USD 136.62-288.74
- Sector / Industry: Materials / Steel
- Next earnings date: October 19, 2026
