Zacks Research Has Bullish Forecast for Nucor Q2 Earnings

Nucor Co. (NYSE:NUE - Free Report) - Research analysts at Zacks Research lifted their Q2 2025 earnings per share (EPS) estimates for Nucor in a report released on Monday, June 9th. Zacks Research analyst R. Department now forecasts that the basic materials company will earn $2.13 per share for the quarter, up from their previous estimate of $2.12. The consensus estimate for Nucor's current full-year earnings is $7.64 per share. Zacks Research also issued estimates for Nucor's Q4 2025 earnings at $1.92 EPS, FY2025 earnings at $7.24 EPS, Q2 2026 earnings at $2.88 EPS, Q3 2026 earnings at $2.74 EPS, Q4 2026 earnings at $1.35 EPS, FY2026 earnings at $9.12 EPS and Q1 2027 earnings at $3.80 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 (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 company had revenue of $7.83 billion for the quarter, compared to the consensus estimate of $7.25 billion. During the same quarter in the prior year, the company earned $3.46 EPS. The company's revenue for the quarter was down 3.8% on a year-over-year basis.

NUE has been the subject of several other reports. UBS Group cut their target price on shares of Nucor from $153.00 to $147.00 and set a "buy" rating for the company in a research note on Thursday, May 29th. Argus set a $155.00 price objective on Nucor in a research note on Wednesday, March 5th. Wall Street Zen downgraded Nucor from a "hold" rating to a "sell" rating in a research note on Wednesday, April 30th. JPMorgan Chase & Co. dropped their price target on Nucor from $156.00 to $140.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Finally, Morgan Stanley set a $164.00 price objective on shares of Nucor in a research report on Monday, March 24th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Nucor presently has an average rating of "Moderate Buy" and an average price target of $157.22.

Nucor Stock Performance

NUE stock traded up $1.03 during trading hours on Wednesday, reaching $118.16. The stock had a trading volume of 748,785 shares, compared to its average volume of 2,194,726. The stock has a 50-day simple moving average of $114.35 and a 200 day simple moving average of $124.26. Nucor has a fifty-two week low of $97.59 and a fifty-two week high of $170.52. The stock has a market capitalization of $27.27 billion, a PE ratio of 14.05, a price-to-earnings-growth ratio of 0.96 and a beta of 1.68. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.51 and a quick ratio of 1.48.

Nucor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 11th. Shareholders of record on Monday, June 30th will be paid 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 39.15%.

Insider Buying and Selling at Nucor

In other news, CEO Leon J. Topalian sold 34,238 shares of Nucor 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 sale, the chief executive officer now directly owns 162,993 shares in the company, valued at approximately $19,590,128.67. The trade was a 17.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.46% of the company's stock.

Institutional Investors Weigh In On Nucor

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings 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 worth $3,484,965,000 after purchasing an additional 745,671 shares in the last quarter. Geode Capital Management LLC raised its stake in Nucor by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 5,967,254 shares of the basic materials company's stock valued at $701,255,000 after purchasing an additional 105,309 shares in the last quarter. Norges Bank bought a new stake in Nucor during the fourth quarter worth about $398,077,000. Invesco Ltd. grew its stake in Nucor by 18.7% during the fourth quarter. Invesco Ltd. now owns 2,435,265 shares of the basic materials company's stock worth $284,220,000 after buying an additional 384,205 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in Nucor by 24.6% in the 4th quarter. First Trust Advisors LP now owns 2,404,477 shares of the basic materials company's stock valued at $280,627,000 after buying an additional 474,274 shares during the period. Institutional investors and hedge funds own 76.48% of the company's stock.

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.