Nucor Corporation (NYSE:NUE) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Nucor Corporation (NYSE:NUE) have been given a consensus recommendation of “Moderate Buy” by the ten brokerages that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $172.60.

A number of research analysts recently weighed in on the stock. Jefferies Financial Group lifted their price objective on shares of Nucor from $170.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. JPMorgan Chase & Co. lifted their price target on Nucor from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. UBS Group increased their price objective on Nucor from $165.00 to $168.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Nucor in a research note on Monday, December 15th. Finally, Citigroup upped their price target on Nucor from $150.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, October 30th.

Nucor Trading Up 0.6%

Shares of NUE opened at $166.40 on Monday. Nucor has a fifty-two week low of $97.59 and a fifty-two week high of $168.07. The business has a 50-day moving average of $153.49 and a 200 day moving average of $143.87. The firm has a market cap of $38.08 billion, a P/E ratio of 23.37, a price-to-earnings-growth ratio of 1.31 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.51 and a current ratio of 2.77.

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

Nucor Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, December 31st will be issued a $0.56 dividend. This represents a $2.24 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a positive change from Nucor’s previous quarterly dividend of $0.55. Nucor’s payout ratio is 30.90%.

Insider Transactions at Nucor

In related news, EVP Allen C. Behr sold 9,042 shares of the stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $151.28, for a total value of $1,367,873.76. Following the sale, the executive vice president owned 73,661 shares in the company, valued at approximately $11,143,436.08. This trade represents a 10.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Stephen D. Laxton sold 2,003 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $151.57, for a total value of $303,594.71. Following the transaction, the chief financial officer owned 88,174 shares of the company’s stock, valued at approximately $13,364,533.18. The trade was a 2.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 23,995 shares of company stock valued at $3,660,074. 0.71% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Nucor

Several hedge funds have recently bought and sold shares of NUE. Stance Capital LLC bought a new position in shares of Nucor in the 3rd quarter worth $25,000. IMA Advisory Services Inc. increased its stake in Nucor by 51.4% in the second quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 75 shares during the last quarter. Matrix Trust Co raised its position in Nucor by 53.8% during the second quarter. Matrix Trust Co now owns 240 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 84 shares in the last quarter. AXS Investments LLC bought a new stake in Nucor during the third quarter worth about $37,000. Finally, Vision Financial Markets LLC lifted its stake in Nucor by 281.7% during the third quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 200 shares during the last quarter. 76.48% of the stock is currently owned by institutional investors.

About Nucor

Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.

Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.