FY2025 Earnings Forecast for Nucor Issued By Zacks Research

Nucor Co. (NYSE:NUE) – Equities researchers at Zacks Research cut their FY2025 EPS estimates for shares of Nucor in a report released on Thursday, January 16th. Zacks Research analyst R. Department now forecasts that the basic materials company will post earnings per share of $8.06 for the year, down from their previous estimate of $8.47. The consensus estimate for Nucor’s current full-year earnings is $8.13 per share. Zacks Research also issued estimates for Nucor’s Q1 2026 earnings at $2.76 EPS.

Several other research firms also recently commented on NUE. Morgan Stanley dropped their price target on shares of Nucor from $170.00 to $166.00 and set an “overweight” rating for the company in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. dropped their price target on shares of Nucor from $168.00 to $152.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. The Goldman Sachs Group initiated coverage on shares of Nucor in a research note on Monday, December 2nd. They issued a “buy” rating and a $190.00 price target for the company. UBS Group reaffirmed a “neutral” rating and set a $156.00 price objective (down from $171.00) on shares of Nucor in a research report on Thursday, December 12th. Finally, Jefferies Financial Group decreased their price objective on shares of Nucor from $150.00 to $125.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $163.63.

Nucor Stock Performance

NYSE:NUE opened at $124.95 on Monday. The company has a fifty day simple moving average of $132.82 and a two-hundred day simple moving average of $144.17. The company has a market cap of $29.34 billion, a price-to-earnings ratio of 12.07 and a beta of 1.60. The company has a quick ratio of 1.61, a current ratio of 2.59 and a debt-to-equity ratio of 0.26. Nucor has a 52 week low of $112.25 and a 52 week high of $203.00.

Nucor (NYSE:NUE) last posted its quarterly earnings results on Monday, October 21st. The basic materials company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.40 by $0.09. The business had revenue of $7.44 billion during the quarter, compared to the consensus estimate of $7.28 billion. Nucor had a net margin of 8.05% and a return on equity of 12.06%. The company’s quarterly revenue was down 15.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.57 earnings per share.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NUE. Ashton Thomas Securities LLC purchased a new stake in shares of Nucor in the third quarter valued at about $26,000. Coastline Trust Co purchased a new stake in shares of Nucor in the third quarter valued at about $29,000. Brown Lisle Cummings Inc. purchased a new stake in shares of Nucor in the third quarter valued at about $30,000. Salomon & Ludwin LLC lifted its holdings in shares of Nucor by 45.6% in the third quarter. Salomon & Ludwin LLC now owns 230 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 72 shares in the last quarter. Finally, Carolina Wealth Advisors LLC purchased a new stake in shares of Nucor in the third quarter valued at about $43,000. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Nucor

In other Nucor news, CFO Stephen D. Laxton sold 4,712 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $169.53, for a total transaction of $798,825.36. Following the transaction, the chief financial officer now directly owns 82,132 shares in the company, valued at approximately $13,923,837.96. This represents a 5.43 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Kenneth Rex Query sold 9,000 shares of the company’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $146.80, for a total transaction of $1,321,200.00. Following the transaction, the executive vice president now owns 98,770 shares in the company, valued at $14,499,436. The trade was a 8.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,680 shares of company stock worth $4,773,724 over the last ninety days. 0.64% of the stock is currently owned by company insiders.

Nucor Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.76%. This is a positive change from Nucor’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, December 31st. Nucor’s payout ratio is 21.26%.

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.