Seaport Res Ptn Issues Negative Estimate for Nucor Earnings

Nucor Corporation (NYSE:NUE - Free Report) - Equities research analysts at Seaport Res Ptn lowered their Q3 2025 earnings estimates for shares of Nucor in a report released on Monday, June 16th. Seaport Res Ptn analyst M. Englert now anticipates that the basic materials company will post earnings per share of $2.91 for the quarter, down from their prior estimate of $3.02. 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 $8.47 EPS, Q2 2026 earnings at $3.34 EPS, Q3 2026 earnings at $2.75 EPS, Q4 2026 earnings at $2.30 EPS and FY2026 earnings at $11.76 EPS.

Several other equities research analysts also recently commented on NUE. UBS Group cut their target price on shares of Nucor from $153.00 to $147.00 and set a "buy" rating on the stock in a research report on Thursday, May 29th. The Goldman Sachs Group cut their target price on shares of Nucor from $175.00 to $169.00 and set a "buy" rating on the stock in a research report on Monday, April 7th. Argus set a $155.00 target price on shares of Nucor in a research report on Wednesday, March 5th. JPMorgan Chase & Co. cut their target price 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. Finally, Morgan Stanley lifted their target price on shares of Nucor from $134.00 to $149.00 and gave the stock an "overweight" rating in a research report on Friday. One analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $155.56.

Nucor Price Performance

Shares of NUE traded down $2.10 during mid-day trading on Thursday, reaching $124.08. The company had a trading volume of 4,984,884 shares, compared to its average volume of 2,229,904. The company's 50 day simple moving average is $116.31 and its 200 day simple moving average is $122.54. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.48 and a current ratio of 2.52. Nucor has a 1-year low of $97.59 and a 1-year high of $170.52. The company has a market capitalization of $28.63 billion, a price-to-earnings ratio of 22.08, a P/E/G ratio of 0.78 and a beta of 1.67.

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). Nucor had a net margin of 4.40% and a return on equity of 6.82%. The company had revenue of $7.83 billion during the quarter, compared to analyst estimates of $7.25 billion. During the same quarter in the previous year, the business posted $3.46 earnings per share. The company's revenue for the quarter was down 3.8% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of NUE. Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of Nucor during the 4th quarter valued at $25,000. Putney Financial Group LLC acquired a new position in Nucor during the fourth quarter worth $29,000. MV Capital Management Inc. raised its holdings in Nucor by 73.5% during the first quarter. MV Capital Management Inc. now owns 281 shares of the basic materials company's stock worth $34,000 after buying an additional 119 shares during the last quarter. Fourth Dimension Wealth LLC acquired a new position in Nucor during the fourth quarter worth $41,000. Finally, Geneos Wealth Management Inc. raised its holdings in Nucor by 81.8% during the first quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company's stock worth $41,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 76.48% of the company's stock.

Insider Transactions at Nucor

In related news, CEO Leon J. Topalian sold 34,238 shares of the business's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $120.19, for a total transaction of $4,115,065.22. Following the transaction, the chief executive officer now owns 162,993 shares in the company, valued at $19,590,128.67. The trade was a 17.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.46% of the company's stock.

Nucor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 11th. Stockholders of record on Monday, June 30th will be given a $0.55 dividend. The ex-dividend date is Monday, June 30th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.77%. Nucor's dividend payout ratio (DPR) is currently 39.15%.

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.