Brokers Issue Forecasts for Nucor’s Q2 Earnings (NYSE:NUE)

Nucor Co. (NYSE:NUE) – Investment analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for shares of Nucor in a note issued to investors on Monday, November 11th. Zacks Research analyst R. Department now expects that the basic materials company will earn $2.45 per share for the quarter, down from their prior estimate of $2.46. The consensus estimate for Nucor’s current full-year earnings is $8.60 per share. Zacks Research also issued estimates for Nucor’s Q3 2025 earnings at $2.47 EPS, Q4 2025 earnings at $2.35 EPS, FY2025 earnings at $9.46 EPS and FY2026 earnings at $11.10 EPS.

Other research analysts also recently issued research reports about the company. Argus raised Nucor to a “strong-buy” rating in a research note on Monday, August 26th. Morgan Stanley reduced their price objective on Nucor from $170.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 23rd. BMO Capital Markets decreased their target price on Nucor from $175.00 to $160.00 and set a “market perform” rating for the company in a research note on Wednesday, September 18th. Finally, JPMorgan Chase & Co. lowered their price target on Nucor from $170.00 to $168.00 and set an “overweight” rating for the company in a report on Wednesday, October 23rd. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Nucor presently has a consensus rating of “Moderate Buy” and an average target price of $190.57.

Nucor Stock Performance

Nucor stock opened at $159.06 on Tuesday. The firm has a market capitalization of $37.35 billion, a PE ratio of 15.37 and a beta of 1.55. The firm’s 50 day simple moving average is $148.18 and its 200 day simple moving average is $155.39. Nucor has a 1-year low of $133.42 and a 1-year high of $203.00. The company has a current ratio of 2.59, a quick ratio of 1.61 and a debt-to-equity ratio of 0.26.

Nucor (NYSE:NUE) last issued its quarterly earnings data on Monday, October 21st. The basic materials company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.09. Nucor had a net margin of 8.05% and a return on equity of 12.06%. The company had revenue of $7.44 billion for the quarter, compared to analyst estimates of $7.28 billion. During the same period in the prior year, the firm earned $4.57 earnings per share. The company’s revenue was down 15.2% on a year-over-year basis.

Nucor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, September 27th were issued a dividend of $0.54 per share. The ex-dividend date was Friday, September 27th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.36%. Nucor’s payout ratio is 20.87%.

Insiders Place Their Bets

In other news, CFO Stephen D. Laxton sold 4,712 shares of the 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 completion of the sale, the chief financial officer now owns 82,132 shares of the company’s stock, valued at approximately $13,923,837.96. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CEO Leon J. Topalian sold 11,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $169.11, for a total transaction of $1,860,210.00. Following the transaction, the chief executive officer now directly owns 172,136 shares in the company, valued at approximately $29,109,918.96. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 completion of the transaction, the chief financial officer now directly owns 82,132 shares of the company’s stock, valued at $13,923,837.96. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 24,712 shares of company stock worth $3,980,235 over the last ninety days. Corporate insiders own 0.46% of the company’s stock.

Hedge Funds Weigh In On Nucor

A number of hedge funds and other institutional investors have recently bought and sold shares of NUE. National Pension Service raised its holdings in Nucor by 3.2% during the 3rd quarter. National Pension Service now owns 652,502 shares of the basic materials company’s stock valued at $98,097,000 after acquiring an additional 20,258 shares during the period. CX Institutional boosted its position in shares of Nucor by 52.8% during the 2nd quarter. CX Institutional now owns 17,245 shares of the basic materials company’s stock valued at $2,726,000 after acquiring an additional 5,960 shares during the last quarter. Banco Santander S.A. grew its stake in shares of Nucor by 86.2% in the 1st quarter. Banco Santander S.A. now owns 12,895 shares of the basic materials company’s stock worth $2,552,000 after buying an additional 5,971 shares in the last quarter. Ascension Asset Management LLC purchased a new position in Nucor in the second quarter worth about $885,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Nucor during the second quarter valued at approximately $6,655,000. 76.48% of the stock is owned by institutional investors.

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.