Research Analysts Set Expectations for Nucor Q2 Earnings

Nucor Corporation (NYSE:NUE - Free Report) - Analysts at Zacks Research raised their Q2 2025 EPS estimates for Nucor in a research note issued on Monday, July 7th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings per share of $2.55 for the quarter, up from their prior estimate of $2.43. The consensus estimate for Nucor's current full-year earnings is $7.64 per share. Zacks Research also issued estimates for Nucor's FY2025 earnings at $7.68 EPS, Q2 2026 earnings at $3.07 EPS, FY2026 earnings at $9.36 EPS, Q2 2027 earnings at $3.25 EPS and FY2027 earnings at $12.72 EPS.

Nucor (NYSE:NUE - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The basic materials company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $0.92 by ($0.15). The firm had revenue of $7.83 billion for the quarter, compared to analyst estimates of $7.25 billion. Nucor had a return on equity of 6.82% and a net margin of 4.40%. The firm's quarterly revenue was down 3.8% compared to the same quarter last year. During the same period last year, the company posted $3.46 earnings per share.

Other equities research analysts have also recently issued reports about the company. BMO Capital Markets upgraded Nucor from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $140.00 to $145.00 in a research note on Monday, June 2nd. JPMorgan Chase & Co. lowered their price objective on shares of Nucor from $156.00 to $140.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. UBS Group reduced their target price on shares of Nucor from $153.00 to $147.00 and set a "buy" rating for the company in a research report on Thursday, May 29th. Morgan Stanley upped their price objective on Nucor from $134.00 to $149.00 and gave the company an "overweight" rating in a research note on Friday, June 20th. Finally, Wall Street Zen downgraded shares of Nucor from a "hold" rating to a "sell" rating in a research note on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $150.00.

Nucor Stock Up 2.6%

NUE stock traded up $3.69 during midday trading on Thursday, reaching $143.39. 1,967,715 shares of the company's stock traded hands, compared to its average volume of 2,245,251. The company has a quick ratio of 1.48, a current ratio of 2.52 and a debt-to-equity ratio of 0.32. The firm's fifty day moving average price is $121.82 and its 200-day moving average price is $122.92. Nucor has a 52 week low of $97.59 and a 52 week high of $170.52. The company has a market cap of $33.09 billion, a price-to-earnings ratio of 25.51, a P/E/G ratio of 0.89 and a beta of 1.70.

Nucor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 11th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date is Monday, June 30th. Nucor's dividend payout ratio is currently 39.15%.

Insider Buying and Selling

In other Nucor news, CEO Leon J. Topalian sold 34,238 shares of Nucor stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $120.19, for a total transaction of $4,115,065.22. Following the completion of the sale, the chief executive officer owned 162,993 shares of the company's stock, valued at $19,590,128.67. The trade was a 17.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel R. Needham sold 7,088 shares of the firm's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $127.87, for a total value of $906,342.56. Following the transaction, the executive vice president directly owned 99,379 shares in the company, valued at approximately $12,707,592.73. This represents a 6.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 51,326 shares of company stock worth $6,325,108. Corporate insiders own 0.46% of the company's stock.

Hedge Funds Weigh In On Nucor

A number of large investors have recently bought and sold shares of NUE. Vanguard Group Inc. raised its position in Nucor by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 28,959,327 shares of the basic materials company's stock valued at $3,484,965,000 after purchasing an additional 745,671 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Nucor by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 5,967,254 shares of the basic materials company's stock valued at $701,255,000 after buying an additional 105,309 shares during the last quarter. Norges Bank bought a new stake in shares of Nucor during the fourth quarter valued at approximately $398,077,000. Invesco Ltd. raised its holdings in Nucor by 18.7% in the 4th quarter. Invesco Ltd. now owns 2,435,265 shares of the basic materials company's stock worth $284,220,000 after acquiring an additional 384,205 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Nucor by 24.6% in the 4th quarter. First Trust Advisors LP now owns 2,404,477 shares of the basic materials company's stock worth $280,627,000 after purchasing an additional 474,274 shares in the last quarter. 76.48% of the stock is owned by hedge funds and other institutional investors.

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.