Steel Dynamics Inc. (NASDAQ:STLD) is a popular choice among hedge funds and is paying a $0.50 per share dividend in July. The company has an investor outlook with an 11.29% potential upside and plans to announce its Q2 2025 dividend. Analysts are suggesting investment after STLD's Q1 earnings and revenues surpassed estimates, leading to the maintenance of their quarterly dividend. Companies that invested in Steel Dynamics a decade ago have seen substantial growth. Jim Cramer, for one, labels it the ‘Winner’ of Trump Tariffs against China. Due to its financial robustness, BMO Capital has upgraded Steel Dynamics.
For its part, Steel Dynamics has raised $1 billion in strategic notes offering, which is essential for growth, and announced a cash dividend increase of 9% and an additional $1.5 billion share repurchase authorization.The company has thrived despite the tough market conditions and tariff uncertainty. It has been labeled a top metal stock to buy according to billionaires and has benefited from tariff protections prompting upgrades by UBS and an adjusted price target by Goldman Sachs.
Steel Dynamics STLD News Analytics from Wed, 20 Nov 2024 08:00:00 GMT to Fri, 02 May 2025 12:30:06 GMT - Rating 7 - Innovation 4 - Information 5 - Rumor 4
