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

Nucor Corporation (NYSE:NUE) has been given a consensus rating of “Moderate Buy” by the sixteen brokerages that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $266.9231.

A number of research firms have recently issued reports on NUE. Morgan Stanley raised their target price on shares of Nucor from $227.00 to $258.00 and gave the stock an “equal weight” rating in a research note on Monday, June 22nd. Zacks Research upgraded shares of Nucor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. BMO Capital Markets lifted their price objective on shares of Nucor from $250.00 to $285.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Wall Street Zen upgraded shares of Nucor from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Finally, UBS Group cut shares of Nucor from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $190.00 to $224.00 in a research note on Tuesday, April 28th.

Nucor Stock Performance

NYSE NUE opened at $239.50 on Monday. The firm has a 50-day moving average of $235.86 and a 200-day moving average of $195.05. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.55 and a current ratio of 2.90. The stock has a market cap of $54.54 billion, a PE ratio of 23.71, a P/E/G ratio of 0.57 and a beta of 1.88. Nucor has a 52-week low of $128.46 and a 52-week high of $270.90.

Nucor (NYSE:NUE) last posted its earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.82 by $0.41. The company had revenue of $9.50 billion during 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%. Nucor’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.77 EPS. On average, sell-side analysts anticipate that Nucor will post 17 EPS for the current year.

Nucor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th will be paid a $0.56 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.24 annualized dividend and a yield of 0.9%. Nucor’s payout ratio is 22.18%.

More Nucor News

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: KeyCorp set a bullish FY2026 EPS estimate of $16.50 and maintained an Overweight rating with a $274 price target, signaling continued confidence in Nucor’s earnings power and valuation upside.
• Positive Sentiment: Zacks Research raised multiple forward earnings estimates for Nucor, including FY2027 to $23.07 per share and FY2028 to $23.37 per share, while keeping a Strong-Buy rating, reinforcing a constructive long-term view.
• Positive Sentiment: KeyBanc reportedly upgraded Nucor on a favorable steel pricing outlook, which suggests improving industry fundamentals could support margins and profits.
• Neutral Sentiment: Zacks Research did cut its Q2 2026 EPS estimate to $4.77 from $5.47, indicating some near-term softness even as longer-dated forecasts improved.

Insiders Place Their Bets

In other Nucor news, EVP John J. Hollatz sold 10,560 shares of Nucor stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $258.46, for a total value of $2,729,337.60. Following the completion of the sale, the executive vice president owned 97,865 shares in the company, valued at $25,294,187.90. The trade was a 9.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael D. Keller sold 4,554 shares of Nucor stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $225.86, for a total transaction of $1,028,566.44. Following the completion of the sale, the insider owned 16,834 shares of the company’s stock, valued at $3,802,127.24. This trade represents a 21.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 82,378 shares of company stock worth $18,963,930. 0.62% of the stock is currently owned by insiders.

Institutional Trading of Nucor

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Sapient Capital LLC raised its stake in Nucor by 6.5% in the 1st quarter. Sapient Capital LLC now owns 3,925 shares of the basic materials company’s stock worth $666,000 after purchasing an additional 241 shares in the last quarter. Western Wealth Management LLC raised its stake in Nucor by 41.7% in the 1st quarter. Western Wealth Management LLC now owns 4,378 shares of the basic materials company’s stock worth $740,000 after purchasing an additional 1,288 shares in the last quarter. LFG Wealth Partners LLC raised its position in shares of Nucor by 11.4% in the 1st quarter. LFG Wealth Partners LLC now owns 11,219 shares of the basic materials company’s stock valued at $1,897,000 after buying an additional 1,147 shares in the last quarter. DV Trading LLC raised its position in shares of Nucor by 993.8% in the 1st quarter. DV Trading LLC now owns 1,400 shares of the basic materials company’s stock valued at $237,000 after buying an additional 1,272 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in shares of Nucor by 7.6% in the 1st quarter. Parallel Advisors LLC now owns 3,373 shares of the basic materials company’s stock valued at $570,000 after buying an additional 239 shares in the last quarter. Institutional investors and hedge funds own 76.48% of the company’s stock.

Nucor Company Profile

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.