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

Shares of Nucor Corporation (NYSE:NUE) have been given an average rating of “Moderate Buy” by the sixteen research firms that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $247.50.

A number of analysts have weighed in on the stock. The Goldman Sachs Group boosted their target price on shares of Nucor from $240.00 to $260.00 in a research note on Friday, May 1st. UBS Group cut shares of Nucor from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $190.00 to $224.00 in a research note on Tuesday, April 28th. Barclays assumed coverage on shares of Nucor in a research note on Thursday, May 21st. They set an “overweight” rating and a $270.00 target price on the stock. Jefferies Financial Group boosted their target price on shares of Nucor from $225.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Finally, KeyCorp assumed coverage on shares of Nucor in a research note on Wednesday, March 25th. They set a “sector weight” rating on the stock.

Nucor Stock Performance

NYSE NUE opened at $246.36 on Thursday. The firm’s fifty day moving average price is $200.60 and its two-hundred day moving average price is $179.79. The stock has a market cap of $56.11 billion, a PE ratio of 24.39, a PEG ratio of 0.64 and a beta of 1.87. Nucor has a fifty-two week low of $106.21 and a fifty-two week high of $247.40. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.55 and a current ratio of 2.90.

Nucor (NYSE:NUE) last posted its earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share for the quarter, topping analysts’ consensus estimates of $2.82 by $0.41. The firm had revenue of $9.50 billion for the quarter, compared to analysts’ expectations of $8.88 billion. Nucor had a net margin of 6.82% and a return on equity of 10.68%. The company’s revenue was up 21.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.77 earnings per share. On average, equities analysts expect that Nucor will post 14.84 EPS for the current fiscal year.

Nucor declared that its Board of Directors has approved a share repurchase program on Friday, February 20th that allows the company to buyback $4.00 billion in outstanding shares. This buyback authorization allows the basic materials company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Key Stories Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Zacks Research raised its earnings forecasts for Nucor across multiple periods, including FY2026, FY2027, and FY2028, implying stronger profitability ahead. The firm reiterated a Strong-Buy rating, which can support investor confidence.
• Positive Sentiment: Analysts lifted near-term EPS estimates for Q3 2026, Q4 2026, and Q1 2027, signaling expectations for sustained operating strength rather than a one-quarter earnings pop.
• Positive Sentiment: Nucor’s stock has been trading near its 52-week high after a strong quarterly report that beat consensus on both earnings and revenue, helping reinforce the bullish case for the shares.
• Neutral Sentiment: Coverage highlighting Nucor as one of Warren Buffett’s Berkshire holdings and a steady dividend payer adds a quality/income angle, but it is not a direct catalyst on its own.

Insider Activity at Nucor

In other news, insider Michael D. Keller sold 4,554 shares of Nucor stock in a transaction on Monday, May 4th. The shares were sold at an average price of $225.86, for a total transaction of $1,028,566.44. Following the transaction, the insider owned 16,834 shares in the company, valued at approximately $3,802,127.24. The trade was a 21.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Allen C. Behr sold 10,096 shares of Nucor stock in a transaction on Monday, May 4th. The stock was sold at an average price of $226.08, for a total transaction of $2,282,503.68. Following the transaction, the executive vice president owned 62,871 shares in the company, valued at approximately $14,213,875.68. This trade represents a 13.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 71,818 shares of company stock valued at $16,234,593 in the last quarter. Insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On Nucor

Hedge funds have recently modified their holdings of the business. Stance Capital LLC acquired a new position in shares of Nucor during the third quarter worth $25,000. Strive Financial Group LLC acquired a new position in shares of Nucor during the fourth quarter worth $27,000. Motiv8 Investments LLC acquired a new position in shares of Nucor during the fourth quarter worth $32,000. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Nucor by 49.2% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 191 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 63 shares during the period. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of Nucor during the fourth quarter worth $32,000. Institutional investors and hedge funds own 76.48% of the company’s stock.

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.