Zacks Research Issues Optimistic Outlook for Nucor Earnings

Nucor Co. (NYSE:NUE) – Equities researchers at Zacks Research raised their Q3 2025 earnings per share estimates for shares of Nucor in a research report issued on Monday, June 9th. Zacks Research analyst R. Department now forecasts that the basic materials company will post earnings of $2.43 per share for the quarter, up from their prior estimate of $2.42. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Zacks Research also issued estimates for Nucor’s FY2027 earnings at $12.63 EPS.

Nucor (NYSE:NUE) last issued its quarterly earnings results on Monday, April 28th. The basic materials company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.15). The firm had revenue of $7.83 billion for the quarter, compared to analysts’ expectations of $7.25 billion. Nucor had a net margin of 6.60% and a return on equity of 9.85%. Nucor’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.46 EPS.

Several other brokerages also recently commented on NUE. Morgan Stanley set a $164.00 price objective on Nucor in a research report on Monday, March 24th. Wall Street Zen cut Nucor from a “hold” rating to a “sell” rating in a report on Wednesday, April 30th. UBS Group dropped their price target on Nucor from $153.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, May 29th. Argus set a $155.00 price objective on shares of Nucor in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Nucor from $156.00 to $140.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $157.22.

Nucor Stock Up 1.1%

NUE opened at $118.45 on Thursday. The stock has a market cap of $27.33 billion, a price-to-earnings ratio of 14.08, a price-to-earnings-growth ratio of 0.96 and a beta of 1.68. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.48 and a current ratio of 2.51. The firm’s fifty day moving average is $114.62 and its 200 day moving average is $124.02. Nucor has a fifty-two week low of $97.59 and a fifty-two week high of $170.52.

Hedge Funds Weigh In On Nucor

Large investors have recently made changes to their positions in the company. Norges Bank purchased a new position in Nucor in the 4th quarter worth about $398,077,000. Diamond Hill Capital Management Inc. acquired a new stake in Nucor in the 1st quarter worth approximately $194,804,000. Nuveen LLC purchased a new position in Nucor in the 1st quarter worth $141,216,000. Vanguard Group Inc. lifted its holdings in shares of Nucor by 2.6% during the first quarter. Vanguard Group Inc. now owns 28,959,327 shares of the basic materials company’s stock worth $3,484,965,000 after purchasing an additional 745,671 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of Nucor by 17,785.0% in the 1st quarter. GAMMA Investing LLC now owns 505,789 shares of the basic materials company’s stock valued at $60,867,000 after acquiring an additional 502,961 shares during the last quarter. 76.48% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Nucor

In other news, CEO Leon J. Topalian sold 34,238 shares of the business’s stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $120.19, for a total transaction of $4,115,065.22. Following the transaction, the chief executive officer now owns 162,993 shares of the company’s stock, valued at approximately $19,590,128.67. The trade was a 17.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.46% of the stock is owned by insiders.

Nucor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 11th. Investors of record on Monday, June 30th will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.86%. The ex-dividend date is Monday, June 30th. Nucor’s dividend payout ratio is presently 39.15%.

About Nucor

Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.