Fintel reports that on March 31, 2025, BMO Capital upgraded their outlook for Steel Dynamics (BIT:1STLD) from Market Perform to Outperform.
Analyst Price Forecast Suggests 15.37% Upside
As of March 19, 2025, the average one-year price target for Steel Dynamics is €135.56/share. The forecasts range from a low of €118.72 to a high of €157.97. The average price target represents an increase of 15.37% from its latest reported closing price of €117.50 / share.
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The projected annual revenue for Steel Dynamics is 17,582MM, an increase of 0.24%. The projected annual non-GAAP EPS is 8.10.
What is the Fund Sentiment?
There are 1,613 funds or institutions reporting positions in Steel Dynamics. This is an decrease of 8 owner(s) or 0.49% in the last quarter. Average portfolio weight of all funds dedicated to 1STLD is 0.24%, an increase of 0.69%. Total shares owned by institutions increased in the last three months by 0.12% to 142,988K shares.
What are Other Shareholders Doing?
Price T Rowe Associates holds 5,628K shares representing 3.75% ownership of the company. In its prior filing, the firm reported owning 5,177K shares , representing an increase of 8.02%. The firm decreased its portfolio allocation in 1STLD by 1.51% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 4,542K shares representing 3.03% ownership of the company. In its prior filing, the firm reported owning 4,658K shares , representing a decrease of 2.55%. The firm decreased its portfolio allocation in 1STLD by 13.06% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 3,832K shares representing 2.56% ownership of the company. In its prior filing, the firm reported owning 3,759K shares , representing an increase of 1.92%. The firm decreased its portfolio allocation in 1STLD by 12.73% over the last quarter.
Geode Capital Management holds 3,688K shares representing 2.46% ownership of the company. In its prior filing, the firm reported owning 3,658K shares , representing an increase of 0.82%. The firm decreased its portfolio allocation in 1STLD by 54.01% over the last quarter.
Capital Research Global Investors holds 3,593K shares representing 2.40% ownership of the company. In its prior filing, the firm reported owning 2,777K shares , representing an increase of 22.70%. The firm increased its portfolio allocation in 1STLD by 15.79% over the last quarter.
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