Brokers Set Expectations for Nucor's Q3 Earnings (NYSE:NUE)

Nucor Co. (NYSE:NUE - Free Report) - Equities researchers at Seaport Res Ptn lifted their Q3 2025 earnings per share estimates for shares of Nucor in a report issued on Tuesday, April 29th. Seaport Res Ptn analyst M. Englert now expects that the basic materials company will earn $3.02 per share for the quarter, up from their prior estimate of $2.99. The consensus estimate for Nucor's current full-year earnings is $7.64 per share. Seaport Res Ptn also issued estimates for Nucor's FY2025 earnings at $8.51 EPS.

Nucor (NYSE:NUE - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The basic materials company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.15). Nucor had a net margin of 6.60% and a return on equity of 9.85%. The company had revenue of $7.83 billion during the quarter, compared to the consensus estimate of $7.25 billion. During the same quarter in the previous year, the firm posted $3.46 EPS. The business's revenue for the quarter was down 3.8% compared to the same quarter last year.

Several other research firms have also recently issued reports on NUE. The Goldman Sachs Group cut their target price on Nucor from $175.00 to $169.00 and set a "buy" rating on the stock in a research note on Monday, April 7th. JPMorgan Chase & Co. cut their price target on shares of Nucor from $156.00 to $140.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Morgan Stanley set a $164.00 price target on Nucor in a research note on Monday, March 24th. Argus set a $155.00 price objective on shares of Nucor in a research note on Wednesday, March 5th. Finally, StockNews.com cut Nucor from a "hold" rating to a "sell" rating in a research report on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $160.33.

Nucor Trading Down 1.2 %

Shares of NUE stock traded down $1.45 during mid-day trading on Friday, reaching $115.40. The stock had a trading volume of 1,006,973 shares, compared to its average volume of 2,077,161. The firm has a market capitalization of $26.60 billion, a PE ratio of 13.72, a price-to-earnings-growth ratio of 0.96 and a beta of 1.73. The stock's 50-day moving average price is $120.14 and its two-hundred day moving average price is $130.10. The company has a current ratio of 2.51, a quick ratio of 1.48 and a debt-to-equity ratio of 0.27. Nucor has a 52-week low of $97.59 and a 52-week high of $176.59.

Nucor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Monday, March 31st. Nucor's dividend payout ratio is presently 39.15%.

Insider Activity

In other Nucor news, CEO Leon J. Topalian sold 34,238 shares of the company's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $120.19, for a total value of $4,115,065.22. Following the completion of the transaction, the chief executive officer now directly owns 162,993 shares in the company, valued at $19,590,128.67. This represents a 17.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.46% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Canal Capital Management LLC grew its holdings in Nucor by 2.5% during the 4th quarter. Canal Capital Management LLC now owns 3,075 shares of the basic materials company's stock valued at $359,000 after buying an additional 75 shares in the last quarter. Horrell Capital Management Inc. grew its stake in Nucor by 0.3% during the fourth quarter. Horrell Capital Management Inc. now owns 26,657 shares of the basic materials company's stock valued at $3,111,000 after acquiring an additional 76 shares in the last quarter. Highline Wealth Partners LLC increased its holdings in Nucor by 2.6% in the 1st quarter. Highline Wealth Partners LLC now owns 3,512 shares of the basic materials company's stock valued at $423,000 after acquiring an additional 90 shares during the last quarter. TCI Wealth Advisors Inc. lifted its stake in Nucor by 4.4% in the 4th quarter. TCI Wealth Advisors Inc. now owns 2,157 shares of the basic materials company's stock worth $252,000 after purchasing an additional 91 shares in the last quarter. Finally, Jessup Wealth Management Inc boosted its holdings in shares of Nucor by 0.9% during the 4th quarter. Jessup Wealth Management Inc now owns 10,528 shares of the basic materials company's stock valued at $1,229,000 after purchasing an additional 93 shares during the last quarter. Institutional investors 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.