Nucor (NYSE:NUE) Issues Earnings Results

Key Points

• Nucor beat expectations — Q1 EPS of $3.23 topped the $2.82 consensus and revenue rose to $9.50 billion (vs. $8.89B expected), with revenue up 21.3% year‑over‑year and management reporting EBITDA of $1.51B.
• Robust shareholder returns — the board authorized a $4.0 billion share repurchase program (up to ~9.7% of shares) and declared a quarterly dividend of $0.56 ($2.24 annual, ~1.0% yield) with a payout ratio near 29.7%.
• Market context is mixed: the stock is trading near its 52‑week high with a consensus "Moderate Buy" and raised price targets, but notable insider selling (~26,401 shares, ~$4.9M in the last 90 days) could concern some investors.

Nucor (NYSE:NUE - Get Free Report) posted its earnings results on Monday. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.82 by $0.41, Zacks reports. The firm had revenue of $9.50 billion during the quarter, compared to analysts' expectations of $8.89 billion. Nucor had a return on equity of 8.26% and a net margin of 5.37%.The company's revenue was up 21.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.77 earnings per share.

Nucor Stock Up 0.3%

NUE opened at $214.91 on Tuesday. Nucor has a fifty-two week low of $106.21 and a fifty-two week high of $217.38. The firm has a market capitalization of $48.92 billion, a P/E ratio of 28.50, a PEG ratio of 0.76 and a beta of 1.73. The company's 50-day moving average is $178.41 and its 200 day moving average is $167.36. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.94 and a quick ratio of 1.57.

Nucor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, March 31st. Nucor's payout ratio is currently 29.71%.

Nucor News Roundup

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Reported Q1 results beat expectations — net earnings attributable to Nucor stockholders of $743M, diluted EPS $3.23 and net sales $9.50B; management reported EBITDA of $1.51B, numbers that outpaced street estimates and underpin the rally. Nucor Reports Results for the First Quarter of 2026
• Positive Sentiment: Revenue and margin strength concentrated in the steel‑mills segment — higher average selling prices and volumes boosted profitability, a structural positive if steel demand/pricing holds. Nucor Logs Profit Rises, Boosted by Steel Mills Business
• Positive Sentiment: Pre‑earnings positioning and prior guidance pushed the stock higher ahead of the print — investors were already pricing in a strong quarter after the company’s March outlook, helping the shares reach fresh highs. Nucor climbs as investors position for earnings and digest upbeat prior guidance
• Neutral Sentiment: Analysts had revised expectations into the quarter (consensus was ~$2.8 EPS); price targets remain mixed (median near $190) so future upside depends on sustained margins and guidance. Top Wall Street Forecasters Revamp Nucor Expectations Ahead Of Q1 Earnings
• Negative Sentiment: Notable insider selling activity was highlighted by some outlets — sustained or large insider disposals can concern investors about future outlook, even after a strong quarter. Nucor climbs as investors position for earnings and digest upbeat prior guidance

Nucor declared that its board has authorized a share repurchase plan on Friday, February 20th that permits the company to buyback $4.00 billion in outstanding shares. This buyback authorization permits the basic materials company to purchase up to 9.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

Analyst Ratings Changes

A number of analysts have recently issued reports on NUE shares. The Goldman Sachs Group assumed coverage on shares of Nucor in a report on Wednesday, April 1st. They issued a "buy" rating and a $210.00 price objective on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Nucor in a research report on Monday, December 29th. KeyCorp began coverage on shares of Nucor in a research note on Wednesday, March 25th. They issued a "sector weight" rating on the stock. BNP Paribas Exane boosted their price target on shares of Nucor from $185.00 to $210.00 and gave the stock an "outperform" rating in a research report on Monday, April 20th. Finally, Jefferies Financial Group raised their price objective on Nucor from $200.00 to $225.00 and gave the company a "buy" rating in a report on Friday, April 10th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $198.10.

Insiders Place Their Bets

In other Nucor news, EVP Kenneth Rex Query sold 7,452 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $196.02, for a total value of $1,460,741.04. Following the completion of the sale, the executive vice president owned 76,628 shares in the company, valued at approximately $15,020,620.56. This trade represents a 8.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Allen C. Behr sold 7,568 shares of Nucor stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $188.50, for a total transaction of $1,426,568.00. Following the transaction, the executive vice president directly owned 67,711 shares in the company, valued at approximately $12,763,523.50. This represents a 10.05% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 26,401 shares of company stock valued at $4,936,152. Corporate insiders own 0.62% of the company's stock.

Institutional Trading of Nucor

A number of institutional investors and hedge funds have recently modified their holdings of the business. IHT Wealth Management LLC lifted its holdings in shares of Nucor by 2.0% in the fourth quarter. IHT Wealth Management LLC now owns 3,306 shares of the basic materials company's stock worth $539,000 after buying an additional 64 shares in the last quarter. HUB Investment Partners LLC grew its holdings in shares of Nucor by 1.9% during the second quarter. HUB Investment Partners LLC now owns 4,099 shares of the basic materials company's stock worth $531,000 after purchasing an additional 75 shares in the last quarter. GeoWealth Management LLC increased its position in shares of Nucor by 2.2% in the third quarter. GeoWealth Management LLC now owns 3,987 shares of the basic materials company's stock worth $540,000 after purchasing an additional 86 shares during the last quarter. Guardian Wealth Advisors LLC NC increased its position in shares of Nucor by 4.5% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 2,265 shares of the basic materials company's stock worth $369,000 after purchasing an additional 98 shares during the last quarter. Finally, Two Sigma Investments LP raised its stake in Nucor by 0.3% in the third quarter. Two Sigma Investments LP now owns 33,757 shares of the basic materials company's stock valued at $4,572,000 after purchasing an additional 100 shares in the last quarter. 76.48% of the stock is owned by hedge funds and other institutional investors.

About Nucor

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.