BMO Capital Reaffirms Its Outperform Rating on Steel Dynamics, Inc. (STLD) with $150 Price Target

Steel Dynamics, Inc. (NASDAQ:STLD) is one of the 20 Best Stocks to Buy and Hold for a Lifetime, delivering consistent revenue and dividend growth.

After Steel Dynamics, Inc. (NASDAQ:STLD) reported third-quarter 2025 earnings guidance of $2.60 to $2.64 per diluted share, topping both BMO and consensus projections of $2.55 and $2.58, BMO Capital reaffirmed its Outperform rating on the company on September 16, 2025, with a $150 price target. Since raw material costs are expected to drop more quickly than steel prices, the expected earnings beat is ascribed to solid steel shipments, wider metal spreads, and excellent profitability in the metals recycling division.

Strong order backlogs from the commercial, data center, manufacturing, warehouse, and healthcare sectors are likely to support improved steel fabrication operations on greater volumes and stable spreads. Early-stage performance has also exceeded expectations as Steel Dynamics, Inc. (NASDAQ:STLD)  continues to commission its aluminum plant in Columbus, Mississippi, and its recycled slab facility in San Luis Potosi, Mexico. In the third quarter, the company also bought back $185 million worth of ordinary shares.

Through its Steel Operations, Metals Recycling, Steel Fabrication, and Aluminum companies, Steel Dynamics, Inc. (NASDAQ:STLD) manufactures steel and recycles metals in the United States. It is one of the best stocks to buy.

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Disclosure: None.