Nucor Corporation (NYSE:NUE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Nucor Corporation (NYSE:NUE) has been assigned an average rating of “Moderate Buy” from the ten analysts that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $167.20.

NUE has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their target price on shares of Nucor from $172.00 to $175.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Citigroup boosted their price target on shares of Nucor from $150.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, October 30th. The Goldman Sachs Group raised their price objective on Nucor from $173.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Bank of America lifted their target price on Nucor from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Nucor in a research report on Monday.

Nucor Trading Up 2.2%

NYSE NUE opened at $164.70 on Thursday. Nucor has a 12 month low of $97.59 and a 12 month high of $166.27. The stock has a 50-day simple moving average of $144.58 and a 200 day simple moving average of $138.09. The company has a current ratio of 2.77, a quick ratio of 1.51 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $37.69 billion, a PE ratio of 23.13, a P/E/G ratio of 1.17 and a beta of 1.85.

Nucor (NYSE:NUE) last posted its earnings results on Monday, October 27th. The basic materials company reported $2.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.30 by $0.33. The company had revenue of $8.52 billion during the quarter, compared to analyst estimates of $8.27 billion. Nucor had a return on equity of 7.80% and a net margin of 5.18%.The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.49 EPS. Nucor has set its Q4 2025 guidance at -2.630 EPS. Research analysts forecast that Nucor will post 7.64 EPS for the current year.

Nucor Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, December 31st will be issued a dividend of $0.56 per share. This is an increase from Nucor’s previous quarterly dividend of $0.55. The ex-dividend date is Wednesday, December 31st. This represents a $2.24 annualized dividend and a yield of 1.4%. Nucor’s dividend payout ratio is 30.90%.

Insider Buying and Selling at Nucor

In related news, EVP Allen C. Behr sold 9,042 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $151.28, for a total value of $1,367,873.76. Following the sale, the executive vice president directly owned 73,661 shares of the company’s stock, valued at approximately $11,143,436.08. The trade was a 10.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP John J. Hollatz sold 7,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $149.88, for a total transaction of $1,049,160.00. Following the completion of the transaction, the executive vice president directly owned 96,550 shares of the company’s stock, valued at approximately $14,470,914. The trade was a 6.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 18,045 shares of company stock valued at $2,720,628. 0.71% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. RFG Advisory LLC raised its position in Nucor by 2.9% in the 2nd quarter. RFG Advisory LLC now owns 2,462 shares of the basic materials company’s stock valued at $319,000 after buying an additional 69 shares during the last quarter. Whittier Trust Co. increased its stake in Nucor by 5.6% in the 3rd quarter. Whittier Trust Co. now owns 1,330 shares of the basic materials company’s stock valued at $184,000 after buying an additional 70 shares during the last quarter. IMA Advisory Services Inc. lifted its position in Nucor by 51.4% during the 2nd quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock worth $29,000 after buying an additional 75 shares in the last quarter. HUB Investment Partners LLC boosted its stake in shares of Nucor by 1.9% during the 2nd quarter. HUB Investment Partners LLC now owns 4,099 shares of the basic materials company’s stock worth $531,000 after buying an additional 75 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC grew its holdings in shares of Nucor by 1.9% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 4,326 shares of the basic materials company’s stock valued at $560,000 after acquiring an additional 79 shares in the last quarter. 76.48% of the stock is owned by institutional investors and hedge funds.

Nucor Company Profile

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.