Nucor (NUE) Projected to Post Earnings on Monday

Nucor (NYSE:NUE - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect Nucor to post earnings of $0.92 per share and revenue of $7.25 billion for the quarter.

Nucor (NYSE:NUE - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The basic materials company reported $1.22 EPS for the quarter, beating the consensus estimate of $0.94 by $0.28. Nucor had a net margin of 6.60% and a return on equity of 9.85%. During the same period last year, the company posted $3.16 earnings per share. On average, analysts expect Nucor to post $8 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Nucor Stock Performance

Shares of Nucor stock traded down $0.05 during trading on Friday, hitting $115.24. 447,867 shares of the company's stock were exchanged, compared to its average volume of 2,798,530. Nucor has a 52-week low of $97.59 and a 52-week high of $176.83. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.48 and a current ratio of 2.51. The business has a 50-day simple moving average of $123.11 and a 200-day simple moving average of $132.15. The stock has a market capitalization of $26.57 billion, a price-to-earnings ratio of 13.70, a PEG ratio of 0.96 and a beta of 1.67.

Nucor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Monday, March 31st will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Monday, March 31st. Nucor's dividend payout ratio is presently 26.16%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on NUE shares. StockNews.com upgraded Nucor from a "sell" rating to a "hold" rating in a report on Friday, April 18th. Argus set a $155.00 price target on shares of Nucor in a report on Wednesday, March 5th. Jefferies Financial Group increased their price objective on Nucor from $125.00 to $135.00 and gave the company a "hold" rating in a research note on Wednesday, January 29th. The Goldman Sachs Group lowered their price objective on shares of Nucor from $175.00 to $169.00 and set a "buy" rating for the company in a research note on Monday, April 7th. Finally, UBS Group upgraded shares of Nucor from a "neutral" rating to a "buy" rating and lifted their target price for the company from $156.00 to $160.00 in a report on Monday, March 24th. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Nucor currently has an average rating of "Moderate Buy" and a consensus target price of $160.33.

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.