Nucor (NYSE:NUE) Issues Q2 2026 Earnings Guidance

Nucor (NYSE:NUE) updated its second quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.500-4.600 for the period, compared to the consensus EPS estimate of 4.300. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Zacks Research upgraded Nucor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Argus increased their target price on Nucor from $200.00 to $262.00 and gave the company a “buy” rating in a research note on Friday, May 15th. KeyCorp assumed coverage on Nucor in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Bank of America increased their price target on Nucor from $265.00 to $290.00 in a report on Friday, June 12th. Finally, Barclays assumed coverage on Nucor in a report on Thursday, May 21st. They set an “overweight” rating and a $270.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Nucor has an average rating of “Moderate Buy” and an average target price of $264.50.

Nucor Stock Performance

Shares of NYSE NUE traded down $6.74 during midday trading on Wednesday, hitting $252.35. 1,890,379 shares of the stock traded hands, compared to its average volume of 1,617,676. The firm has a 50-day moving average of $226.08 and a two-hundred day moving average of $190.36. The firm has a market capitalization of $57.47 billion, a P/E ratio of 24.98, a PEG ratio of 0.66 and a beta of 1.88. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.55 and a current ratio of 2.90. Nucor has a one year low of $122.82 and a one year high of $270.90.

Nucor (NYSE:NUE) last released its quarterly earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share for the quarter, beating the consensus estimate of $2.82 by $0.41. The firm had revenue of $9.50 billion for the quarter, compared to analysts’ expectations of $8.88 billion. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The company’s revenue was up 21.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.77 EPS. On average, equities analysts forecast that Nucor will post 15.71 EPS for the current fiscal year.

Nucor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 11th. Investors of record on Tuesday, June 30th will be issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Nucor’s dividend payout ratio (DPR) is currently 22.18%.

Nucor declared that its Board of Directors has approved a share buyback program 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 repurchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In related news, EVP Allen C. Behr sold 10,096 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $226.08, for a total value of $2,282,503.68. Following the transaction, the executive vice president directly owned 62,871 shares of the company’s stock, valued at approximately $14,213,875.68. This trade represents a 13.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP David A. Sumoski sold 33,068 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $225.67, for a total value of $7,462,455.56. Following the completion of the transaction, the executive vice president directly owned 243,339 shares in the company, valued at approximately $54,914,312.13. This represents a 11.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 82,378 shares of company stock worth $18,963,930 in the last quarter. Company insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On Nucor

Institutional investors have recently bought and sold shares of the stock. Strive Financial Group LLC bought a new position in Nucor in the 4th quarter worth $27,000. Stance Capital LLC bought a new position in Nucor in the 3rd quarter worth $25,000. Mcguire Capital Advisors Inc. bought a new position in Nucor in the 4th quarter worth $32,000. DV Equities LLC purchased a new stake in Nucor in the 4th quarter worth $52,000. Finally, Geneos Wealth Management Inc. increased its stake in Nucor by 81.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock worth $41,000 after buying an additional 153 shares in the last quarter. 76.48% of the stock is owned by institutional investors.

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.