Zacks Research Issues Optimistic Estimate for Nucor Earnings

Nucor Corporation (NYSE:NUE) – Research analysts at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for Nucor in a research note issued on Friday, November 7th. Zacks Research analyst Team now expects that the basic materials company will post earnings of $2.45 per share for the quarter, up from their previous forecast of $2.20. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Zacks Research also issued estimates for Nucor’s Q2 2026 earnings at $3.05 EPS, Q4 2026 earnings at $1.48 EPS, Q1 2027 earnings at $4.19 EPS and Q2 2027 earnings at $3.25 EPS.

Several other equities research analysts also recently weighed in on the stock. Bank of America increased their target price on shares of Nucor from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. JPMorgan Chase & Co. increased their price objective on Nucor from $172.00 to $175.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Wall Street Zen downgraded Nucor from a “buy” rating to a “hold” rating in a research note on Sunday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nucor in a report on Wednesday, October 8th. Finally, Jefferies Financial Group upgraded shares of Nucor from a “hold” rating to a “buy” rating and lifted their price objective for the company from $135.00 to $170.00 in a research report on Thursday, July 31st. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $164.30.

Nucor Stock Down 0.3%

Shares of NYSE:NUE opened at $144.19 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.77 and a quick ratio of 1.51. The stock has a market cap of $33.10 billion, a P/E ratio of 20.25, a P/E/G ratio of 1.14 and a beta of 1.80. Nucor has a 1-year low of $97.59 and a 1-year high of $161.17. The firm has a fifty day moving average price of $140.53 and a 200 day moving average price of $133.78.

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

Nucor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Tuesday, September 30th will be given a $0.55 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.5%. Nucor’s dividend payout ratio (DPR) is currently 30.90%.

Insider Buying and Selling at Nucor

In other Nucor news, EVP Allen C. Behr sold 9,042 shares of the company’s stock in a transaction dated 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 owned 73,661 shares of the company’s stock, valued at $11,143,436.08. This represents a 10.93% 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, CFO Stephen D. Laxton sold 2,003 shares of the stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $151.57, for a total transaction of $303,594.71. Following the completion of the sale, the chief financial officer owned 88,174 shares in the company, valued at $13,364,533.18. This represents a 2.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 34,333 shares of company stock worth $5,075,189. Insiders own 0.46% of the company’s stock.

Institutional Investors Weigh In On Nucor

A number of large investors have recently bought and sold shares of NUE. Hudson Capital Management LLC grew its position in shares of Nucor by 6.6% in the 2nd quarter. Hudson Capital Management LLC now owns 34,784 shares of the basic materials company’s stock worth $4,506,000 after acquiring an additional 2,154 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Nucor by 138.5% in the second quarter. Robeco Institutional Asset Management B.V. now owns 121,543 shares of the basic materials company’s stock worth $15,745,000 after purchasing an additional 70,581 shares during the period. Oppenheimer Asset Management Inc. bought a new stake in Nucor during the second quarter valued at $5,225,000. Envestnet Asset Management Inc. raised its holdings in shares of Nucor by 12.4% during the first quarter. Envestnet Asset Management Inc. now owns 305,006 shares of the basic materials company’s stock worth $36,704,000 after purchasing an additional 33,700 shares during the period. Finally, Verdence Capital Advisors LLC lifted its position in shares of Nucor by 78.1% in the 2nd quarter. Verdence Capital Advisors LLC now owns 8,134 shares of the basic materials company’s stock worth $1,054,000 after buying an additional 3,568 shares during the last quarter. Institutional investors and hedge funds own 76.48% of the company’s stock.

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.