Analysts Set Expectations for Nucor's Q1 Earnings (NYSE:NUE)

Key Points

• Seaport Res Ptn has lowered its Q1 2026 earnings per share (EPS) estimate for Nucor Corporation from $3.07 to $3.05, indicating a cautious outlook for the company.
• Several analysts have adjusted their price targets for Nucor, with UBS Group reducing it from $153.00 to $147.00, while JPMorgan Chase increased their target from $143.00 to $162.00.
• Nucor recently declared a quarterly dividend of $0.55 per share, which is scheduled to be paid on November 10th, and translates to an annual yield of 1.6%.

Nucor Corporation (NYSE:NUE - Free Report) - Seaport Res Ptn cut their Q1 2026 earnings estimates for shares of Nucor in a report released on Wednesday, September 17th. Seaport Res Ptn analyst M. Englert now expects that the basic materials company will earn $3.05 per share for the quarter, down from their prior estimate of $3.07. The consensus estimate for Nucor's current full-year earnings is $7.64 per share. Seaport Res Ptn also issued estimates for Nucor's Q2 2026 earnings at $3.23 EPS.

Nucor (NYSE:NUE - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The basic materials company reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.54 by $0.06. The business had revenue of $8.46 billion during the quarter, compared to analyst estimates of $8.47 billion. Nucor had a net margin of 4.21% and a return on equity of 6.65%. The company's revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.68 earnings per share.

Other research analysts have also issued research reports about the company. Morgan Stanley upped their price target on Nucor from $134.00 to $149.00 and gave the company an "overweight" rating in a research report on Friday, June 20th. UBS Group lowered their price objective on shares of Nucor from $153.00 to $147.00 and set a "buy" rating for the company in a report on Thursday, May 29th. Wells Fargo & Company decreased their target price on Nucor from $146.00 to $140.00 and set an "equal weight" rating for the company in a research report on Thursday. JPMorgan Chase & Co. lifted their price target on Nucor from $143.00 to $162.00 and gave the company an "overweight" rating in a research report on Monday, July 14th. Finally, Bank of America boosted their target price on shares of Nucor from $150.00 to $165.00 and gave the company a "buy" rating in a report on Monday, September 15th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Nucor has a consensus rating of "Moderate Buy" and a consensus price target of $156.20.

Nucor Trading Up 1.1%

NUE traded up $1.41 on Friday, hitting $134.71. 2,137,868 shares of the company were exchanged, compared to its average volume of 2,360,932. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.51 and a current ratio of 2.83. The firm has a fifty day simple moving average of $142.95 and a two-hundred day simple moving average of $128.58. The stock has a market capitalization of $30.92 billion, a PE ratio of 24.32, a price-to-earnings-growth ratio of 0.90 and a beta of 1.76. Nucor has a 12 month low of $97.59 and a 12 month high of $170.52.

Nucor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 10th. Investors of record on Tuesday, September 30th will be issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, September 30th. Nucor's payout ratio is presently 39.71%.

Insiders Place Their Bets

In other news, EVP Allen C. Behr sold 8,021 shares of the business's stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $143.38, for a total transaction of $1,150,050.98. Following the completion of the transaction, the executive vice president directly owned 82,703 shares of the company's stock, valued at $11,857,956.14. The trade was a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kenneth Rex Query sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $130.37, for a total transaction of $1,303,700.00. Following the completion of the sale, the executive vice president owned 94,080 shares in the company, valued at $12,265,209.60. This represents a 9.61% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 48,397 shares of company stock valued at $6,763,814. Insiders own 0.71% of the company's stock.

Institutional Trading of Nucor

Several large investors have recently modified their holdings of the company. Two Sigma Investments LP purchased a new stake in shares of Nucor during the 4th quarter valued at about $20,713,000. Two Sigma Advisers LP purchased a new stake in Nucor during the fourth quarter valued at approximately $10,597,000. Woodline Partners LP bought a new position in Nucor in the fourth quarter worth approximately $931,000. Worldquant Millennium Advisors LLC purchased a new position in shares of Nucor during the 4th quarter worth $8,125,000. Finally, Voloridge Investment Management LLC bought a new stake in shares of Nucor during the 4th quarter valued at $18,108,000. 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.