Analysts Set Expectations for Nucor’s Q3 Earnings (NYSE:NUE)

Nucor Co. (NYSE:NUE) – Stock analysts at Seaport Res Ptn upped their Q3 2025 earnings estimates for shares of Nucor in a research report issued to clients and investors on Tuesday, April 29th. Seaport Res Ptn analyst M. Englert now forecasts that the basic materials company will earn $3.02 per share for the quarter, up from their previous estimate of $2.99. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Seaport Res Ptn also issued estimates for Nucor’s FY2025 earnings at $8.51 EPS.

Nucor (NYSE:NUE) last posted its quarterly earnings results on Monday, April 28th. The basic materials company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.15). Nucor had a net margin of 6.60% and a return on equity of 9.85%. The company had revenue of $7.83 billion during the quarter, compared to analysts’ expectations of $7.25 billion. During the same quarter last year, the company earned $3.46 earnings per share. Nucor’s revenue for the quarter was down 3.8% on a year-over-year basis.

Several other research firms have also recently weighed in on NUE. Argus set a $155.00 price target on shares of Nucor in a research note on Wednesday, March 5th. StockNews.com lowered Nucor from a “hold” rating to a “sell” rating in a research report on Wednesday. Morgan Stanley set a $164.00 target price on Nucor in a research report on Monday, March 24th. Jefferies Financial Group increased their price target on Nucor from $125.00 to $135.00 and gave the stock a “hold” rating in a report on Wednesday, January 29th. Finally, The Goldman Sachs Group reduced their price objective on shares of Nucor from $175.00 to $169.00 and set a “buy” rating on the stock in a report on Monday, April 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $160.33.

Nucor Trading Up 2.7 %

Shares of NUE stock opened at $122.92 on Friday. Nucor has a twelve month low of $97.59 and a twelve month high of $176.59. The stock has a market cap of $28.34 billion, a price-to-earnings ratio of 14.62, a PEG ratio of 0.96 and a beta of 1.67. The company’s 50-day moving average price is $120.78 and its 200-day moving average price is $130.81. The company has a current ratio of 2.51, a quick ratio of 1.48 and a debt-to-equity ratio of 0.27.

Hedge Funds Weigh In On Nucor

Several institutional investors have recently modified their holdings of the business. Canal Capital Management LLC raised its stake in shares of Nucor by 2.5% in the fourth quarter. Canal Capital Management LLC now owns 3,075 shares of the basic materials company’s stock valued at $359,000 after acquiring an additional 75 shares in the last quarter. Horrell Capital Management Inc. raised its position in Nucor by 0.3% in the 4th quarter. Horrell Capital Management Inc. now owns 26,657 shares of the basic materials company’s stock valued at $3,111,000 after purchasing an additional 76 shares in the last quarter. Highline Wealth Partners LLC boosted its stake in shares of Nucor by 2.6% in the 1st quarter. Highline Wealth Partners LLC now owns 3,512 shares of the basic materials company’s stock valued at $423,000 after buying an additional 90 shares during the period. TCI Wealth Advisors Inc. boosted its stake in shares of Nucor by 4.4% in the 4th quarter. TCI Wealth Advisors Inc. now owns 2,157 shares of the basic materials company’s stock valued at $252,000 after buying an additional 91 shares during the period. Finally, Jessup Wealth Management Inc increased its stake in shares of Nucor by 0.9% during the fourth quarter. Jessup Wealth Management Inc now owns 10,528 shares of the basic materials company’s stock worth $1,229,000 after buying an additional 93 shares during the period. Institutional investors and hedge funds own 76.48% of the company’s stock.

Nucor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Monday, March 31st will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Monday, March 31st. Nucor’s payout ratio is currently 39.15%.

Nucor Company Profile

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.