Zacks Research Weighs in on Nucor's Q3 Earnings (NYSE:NUE)

Nucor Co. (NYSE:NUE - Free Report) - Stock analysts at Zacks Research raised their Q3 2025 earnings estimates for shares of Nucor in a report issued on Monday, June 9th. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings of $2.43 per share for the quarter, up from their previous forecast of $2.42. The consensus estimate for Nucor's current full-year earnings is $7.64 per share. Zacks Research also issued estimates for Nucor's FY2027 earnings at $12.63 EPS.

NUE has been the subject of several other reports. Wall Street Zen downgraded Nucor from a "hold" rating to a "sell" rating in a report on Wednesday, April 30th. 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 report on Monday, April 7th. BMO Capital Markets upgraded Nucor from a "market perform" rating to an "outperform" rating and upped their target price for the stock from $140.00 to $145.00 in a report on Monday, June 2nd. Argus set a $155.00 target price on Nucor in a research report on Wednesday, March 5th. Finally, Morgan Stanley set a $164.00 target price on Nucor in a report on Monday, March 24th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $157.22.

Nucor Price Performance

NUE traded up $1.32 during midday trading on Thursday, hitting $118.45. The stock had a trading volume of 2,132,323 shares, compared to its average volume of 2,203,787. The company has a market cap of $27.33 billion, a P/E ratio of 14.08, a price-to-earnings-growth ratio of 0.96 and a beta of 1.68. The business has a fifty day moving average of $114.35 and a 200 day moving average of $124.26. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.48 and a current ratio of 2.51. Nucor has a 1 year low of $97.59 and a 1 year high of $170.52.

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

Institutional Investors Weigh In On Nucor

A number of institutional investors and hedge funds have recently modified their holdings of NUE. Norges Bank acquired a new stake in Nucor in the fourth quarter valued at approximately $398,077,000. Diamond Hill Capital Management Inc. purchased a new stake in Nucor in the first quarter worth $194,804,000. Nuveen LLC purchased a new stake in shares of Nucor during the first quarter worth $141,216,000. Vanguard Group Inc. boosted its position in shares of Nucor by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 28,959,327 shares of the basic materials company's stock valued at $3,484,965,000 after acquiring an additional 745,671 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in Nucor by 17,785.0% during the first quarter. GAMMA Investing LLC now owns 505,789 shares of the basic materials company's stock valued at $60,867,000 after acquiring an additional 502,961 shares during the last quarter. 76.48% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Leon J. Topalian sold 34,238 shares of the company's stock in a transaction 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 of the company's stock, valued at approximately $19,590,128.67. This represents a 17.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.46% of the stock is currently owned by corporate insiders.

Nucor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 11th. Investors of record on Monday, June 30th will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.86%. The ex-dividend date is Monday, June 30th. Nucor's dividend payout ratio (DPR) is presently 39.15%.

About Nucor

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.