Nucor Corporation (NYSE:NUE) Stock Has Consensus Price Target of $276.86 According to Analysts

Shares of Nucor Corporation (NYSE:NUE) have received a consensus rating of “Moderate Buy” from the seventeen research firms that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $276.86.

A number of equities analysts recently issued reports on NUE shares. Barclays raised their price target on Nucor from $295.00 to $306.00 and gave the stock an “overweight” rating in a report on Monday, October 19th. Freedom Broker cut Nucor from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $305.00 to $285.00 in a research report on Friday, September 18th. The Goldman Sachs Group lowered their target price on Nucor from $304.00 to $302.00 and set a “buy” rating on the stock in a research note on Friday, September 18th. Bank of America lowered their target price on Nucor from $290.00 to $280.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Finally, UBS Group boosted their target price on Nucor from $224.00 to $256.00 and gave the company a “neutral” rating in a report on Tuesday, July 28th.

Nucor Price Performance

NYSE NUE opened at $270.53 on Friday. The company’s 50-day simple moving average is $252.47 and its two-hundred day simple moving average is $221.81. Nucor has a one year low of $140.93 and a one year high of $280.11.

Nucor (NYSE:NUE) last announced its quarterly earnings results on Monday, October 26th. The basic materials company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.84 by ($0.04). The business had revenue of $11.25 billion during the quarter, compared to the consensus estimate of $10.84 billion. During the same period in the previous year, the firm earned $2.63 earnings per share. The company’s revenue for the quarter was up 32.0% compared to the same quarter last year. Analysts predict that Nucor will post 19.62 earnings per share for the current year.

Nucor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, September 30th.

Insider Transactions at Nucor

In other news, EVP Thomas Batterbee sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $261.02, for a total value of $1,044,080.00. Following the completion of the sale, the executive vice president directly owned 16,138 shares of the company’s stock, valued at approximately $4,212,340.76. This represents a 19.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Stephen Laxton sold 3,968 shares of Nucor stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $256.96, for a total value of $1,019,617.28. Following the transaction, the chief operating officer owned 77,867 shares in the company, valued at approximately $20,008,704.32. This trade represents a 4.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.62% of the stock is owned by insiders.

Institutional Trading of Nucor

A number of hedge funds and other institutional investors have recently made changes to their positions in NUE. Transamerica Financial Advisors LLC purchased a new position in shares of Nucor during the second quarter valued at approximately $25,000. Manning & Napier Advisors LLC purchased a new stake in shares of Nucor in the 2nd quarter worth approximately $27,000. Bell Investment Advisors Inc bought a new position in Nucor during the 2nd quarter valued at approximately $28,000. GK Wealth Management LLC bought a new position in Nucor during the 3rd quarter valued at approximately $28,000. Finally, Markowski Investments bought a new position in Nucor during the 2nd quarter valued at approximately $29,000. 76.48% of the stock is currently owned by institutional investors.

Nucor News Summary

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Nucor reported third-quarter net earnings of $1.32 billion, or $5.80 per diluted share, compared with $607 million, or $2.63 per share, a year earlier. Revenue climbed 32% to $11.25 billion, exceeding estimates in several analyst comparisons. Nucor Reports Results for the Third Quarter of 2026
• Positive Sentiment: The steel mills segment led the improvement, with earnings before taxes and noncontrolling interests more than doubling year over year to $1.79 billion. Higher average selling prices and volumes also benefited steel products operations, while industry steel prices reached their highest level in roughly four years. Nucor Reports Higher Profit, Revenue on Steel Mills Strength
• Positive Sentiment: Management expects fourth-quarter earnings to be generally in line with or modestly above the third quarter. Higher realized pricing is expected to offset seasonally weaker volumes and higher costs. Nucor also cited solid demand in key end markets, progress at its West Virginia sheet mill and Berkeley galvanizing line, and approximately $629 million returned to shareholders through buybacks and dividends. Nucor Rises After Strong Q3 Results and Confident Fourth-Quarter Outlook
• Neutral Sentiment: The earnings comparison is mixed: $5.80 per share topped some published estimates, but narrowly missed the $5.84 consensus cited by MarketBeat. With the stock trading near its 52-week high, investors may increasingly evaluate whether elevated steel prices and margins can persist.
• Negative Sentiment: Reported insider activity is a potential overhang: company executives recorded 26 open-market sales and no purchases over the past six months. These transactions may reflect compensation or diversification rather than a fundamental change in outlook, but they provide a counterpoint to the earnings-driven optimism.

About Nucor

Nucor Corporation is a steel producer headquartered in Charlotte, North Carolina. Through its operating subsidiaries, the company manufactures steel and steel products for customers in construction, automotive, energy, heavy equipment, transportation and other industrial markets.

Nucor’s operations include electric arc furnace steel mills, which produce carbon, alloy and galvanized steel products. Its product portfolio includes sheet steel, plate, beams, bars, wire and wire mesh, steel joists, deck, piling, fabricated concrete reinforcing steel and other downstream products.