Zacks Research Comments on Nucor’s Q2 Earnings (NYSE:NUE)

Nucor Corporation (NYSE:NUE) – Equities researchers at Zacks Research increased their Q2 2026 EPS estimates for Nucor in a report issued on Wednesday, March 11th. Zacks Research analyst Team now forecasts that the basic materials company will earn $3.24 per share for the quarter, up from their prior estimate of $3.23. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Zacks Research also issued estimates for Nucor’s Q4 2026 earnings at $1.82 EPS, Q2 2027 earnings at $3.89 EPS and FY2028 earnings at $13.51 EPS.

Several other equities analysts have also recently weighed in on NUE. BMO Capital Markets lifted their price objective on shares of Nucor from $190.00 to $196.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. Morgan Stanley restated an “equal weight” rating and issued a $180.00 target price (up from $165.00) on shares of Nucor in a report on Friday, January 9th. Wells Fargo & Company raised their target price on Nucor from $184.00 to $194.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. UBS Group lowered Nucor from a “buy” rating to a “neutral” rating and set a $183.00 price target on the stock. in a research report on Wednesday, January 28th. Finally, Seaport Research Partners increased their price objective on Nucor from $170.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Nucor presently has a consensus rating of “Moderate Buy” and a consensus target price of $187.90.

Nucor Stock Up 0.8%

Shares of NYSE:NUE opened at $171.73 on Thursday. The firm has a 50 day simple moving average of $177.26 and a 200 day simple moving average of $158.30. Nucor has a 52 week low of $97.59 and a 52 week high of $196.90. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.57 and a current ratio of 2.94. The company has a market cap of $39.11 billion, a PE ratio of 22.78, a price-to-earnings-growth ratio of 0.61 and a beta of 1.83.

Nucor (NYSE:NUE) last announced its earnings results on Monday, January 26th. The basic materials company reported $1.73 EPS for the quarter, missing the consensus estimate of $1.91 by ($0.18). Nucor had a return on equity of 8.26% and a net margin of 5.37%.The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.93 billion. During the same quarter in the previous year, the business earned $1.22 earnings per share. The business’s quarterly revenue was up 8.6% compared to the same quarter last year.

Institutional Investors Weigh In On Nucor

Several institutional investors have recently made changes to their positions in the company. Larry Mathis Financial Planning LLC bought a new stake in shares of Nucor in the 4th quarter valued at approximately $256,000. Corient Private Wealth LLC lifted its position in shares of Nucor by 17.5% in the fourth quarter. Corient Private Wealth LLC now owns 63,832 shares of the basic materials company’s stock worth $10,417,000 after buying an additional 9,512 shares during the last quarter. Union Savings Bank bought a new stake in shares of Nucor during the 4th quarter worth about $162,000. Hsbc Holdings PLC increased its holdings in shares of Nucor by 28.4% during the 4th quarter. Hsbc Holdings PLC now owns 1,132,089 shares of the basic materials company’s stock valued at $184,666,000 after acquiring an additional 250,606 shares during the last quarter. Finally, SHP Wealth Management acquired a new position in shares of Nucor during the 4th quarter valued at about $608,000. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Nucor

In related news, EVP Thomas J. Batterbee sold 2,000 shares of Nucor stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $165.28, for a total transaction of $330,560.00. Following the completion of the sale, the executive vice president owned 17,952 shares of the company’s stock, valued at approximately $2,967,106.56. This trade represents a 10.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Daniel R. Needham sold 3,881 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $178.00, for a total value of $690,818.00. Following the completion of the transaction, the executive vice president owned 88,298 shares in the company, valued at $15,717,044. This trade represents a 4.21% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 34,351 shares of company stock valued at $6,206,158. Insiders own 0.46% of the company’s stock.

Nucor declared that its Board of Directors has authorized a share buyback plan on Friday, February 20th that authorizes the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization authorizes the basic materials company to purchase up to 9.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Nucor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.56 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.3%. Nucor’s dividend payout ratio (DPR) is 29.71%.

About Nucor

Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.

Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.