FY2025 Earnings Estimate for Nucor Issued By Zacks Research

Nucor Co. (NYSE:NUE) – Equities research analysts at Zacks Research decreased their FY2025 earnings per share estimates for shares of Nucor in a note issued to investors on Thursday, January 16th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings of $8.06 per share for the year, down from their previous estimate of $8.47. The consensus estimate for Nucor’s current full-year earnings is $8.13 per share. Zacks Research also issued estimates for Nucor’s Q1 2026 earnings at $2.76 EPS.

Nucor (NYSE:NUE) last released its quarterly earnings results on Monday, October 21st. The basic materials company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.40 by $0.09. The firm had revenue of $7.44 billion during the quarter, compared to analyst estimates of $7.28 billion. Nucor had a return on equity of 12.06% and a net margin of 8.05%. The business’s revenue for the quarter was down 15.2% compared to the same quarter last year. During the same period in the previous year, the company posted $4.57 EPS.

Several other brokerages also recently weighed in on NUE. JPMorgan Chase & Co. dropped their target price on Nucor from $168.00 to $152.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. UBS Group restated a “neutral” rating and set a $156.00 target price (down from $171.00) on shares of Nucor in a research note on Thursday, December 12th. Jefferies Financial Group dropped their target price on Nucor from $150.00 to $125.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. Morgan Stanley dropped their target price on Nucor from $170.00 to $166.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 23rd. Finally, The Goldman Sachs Group began coverage on Nucor in a research note on Monday, December 2nd. They set a “buy” rating and a $190.00 price target on the stock. Four research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Nucor currently has a consensus rating of “Moderate Buy” and an average price target of $163.63.

Nucor Stock Up 0.3 %

Shares of NUE stock opened at $124.95 on Monday. Nucor has a 1-year low of $112.25 and a 1-year high of $203.00. The stock’s fifty day moving average price is $132.82 and its 200 day moving average price is $144.17. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.59 and a quick ratio of 1.61. The company has a market cap of $29.34 billion, a price-to-earnings ratio of 12.07 and a beta of 1.60.

Institutional Trading of Nucor

A number of hedge funds and other institutional investors have recently made changes to their positions in NUE. Renaissance Technologies LLC increased its holdings in shares of Nucor by 4.3% during the 2nd quarter. Renaissance Technologies LLC now owns 9,700 shares of the basic materials company’s stock worth $1,533,000 after buying an additional 400 shares during the last quarter. Brighton Jones LLC increased its holdings in Nucor by 3.3% in the 2nd quarter. Brighton Jones LLC now owns 2,218 shares of the basic materials company’s stock valued at $351,000 after purchasing an additional 71 shares during the last quarter. Ieq Capital LLC increased its holdings in Nucor by 1.6% in the 2nd quarter. Ieq Capital LLC now owns 12,890 shares of the basic materials company’s stock valued at $2,038,000 after purchasing an additional 200 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in Nucor by 9.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 220,320 shares of the basic materials company’s stock valued at $34,828,000 after purchasing an additional 18,200 shares during the last quarter. Finally, Bridges Investment Management Inc. acquired a new stake in Nucor in the 2nd quarter valued at approximately $276,000. Institutional investors and hedge funds own 76.48% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Kenneth Rex Query sold 9,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $146.80, for a total transaction of $1,321,200.00. Following the completion of the sale, the executive vice president now owns 98,770 shares in the company, valued at $14,499,436. This trade represents a 8.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Stephen D. Laxton sold 4,712 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $169.53, for a total transaction of $798,825.36. Following the sale, the chief financial officer now owns 82,132 shares of the company’s stock, valued at $13,923,837.96. This represents a 5.43 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,680 shares of company stock valued at $4,773,724 in the last three months. 0.64% of the stock is currently owned by insiders.

Nucor Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Tuesday, December 31st will be issued a $0.55 dividend. This is a boost from Nucor’s previous quarterly dividend of $0.54. This represents a $2.20 annualized dividend and a yield of 1.76%. The ex-dividend date is Tuesday, December 31st. Nucor’s dividend payout ratio is presently 21.26%.

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.