Seaport Res Ptn Has Pessimistic Outlook of Nucor Q3 Earnings

Nucor Corporation (NYSE:NUE) – Investment analysts at Seaport Res Ptn lowered their Q3 2025 EPS estimates for shares of Nucor in a research note issued on Monday, June 16th. Seaport Res Ptn analyst M. Englert now forecasts that the basic materials company will earn $2.91 per share for the quarter, down from their prior forecast of $3.02. 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 $8.47 EPS, Q2 2026 earnings at $3.34 EPS, Q3 2026 earnings at $2.75 EPS, Q4 2026 earnings at $2.30 EPS and FY2026 earnings at $11.76 EPS.

NUE has been the subject of a number of other reports. Wall Street Zen downgraded shares of Nucor from a “hold” rating to a “sell” rating in a report on Wednesday, April 30th. JPMorgan Chase & Co. reduced their price objective on shares of Nucor from $156.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday, April 16th. Argus set a $155.00 price objective on shares of Nucor in a report on Wednesday, March 5th. BMO Capital Markets raised shares of Nucor from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $140.00 to $145.00 in a report on Monday, June 2nd. Finally, The Goldman Sachs Group reduced their price objective on shares of Nucor from $175.00 to $169.00 and set a “buy” rating for the company in a report on Monday, April 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $157.22.

Nucor Price Performance

Shares of Nucor stock opened at $126.21 on Thursday. The firm has a fifty day moving average price of $116.05 and a two-hundred day moving average price of $122.94. The company has a market cap of $29.12 billion, a PE ratio of 22.46, a price-to-earnings-growth ratio of 0.80 and a beta of 1.67. Nucor has a fifty-two week low of $97.59 and a fifty-two week high of $170.52. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.52 and a quick ratio of 1.48.

Nucor (NYSE:NUE) last issued its quarterly earnings results on Monday, April 28th. The basic materials company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.15). Nucor had a net margin of 4.40% and a return on equity of 6.82%. The company had revenue of $7.83 billion during the quarter, compared to the consensus estimate of $7.25 billion. During the same period 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.

Nucor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 11th. Investors of record on Monday, June 30th will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.74%. The ex-dividend date is Monday, June 30th. Nucor’s dividend payout ratio is currently 39.15%.

Insider Activity at Nucor

In other Nucor news, CEO Leon J. Topalian sold 34,238 shares of the firm’s stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $120.19, for a total value of $4,115,065.22. Following the completion of the sale, the chief executive officer now owns 162,993 shares in the company, valued at approximately $19,590,128.67. This trade represents a 17.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.46% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Nucor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NUE. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in Nucor in the 4th quarter valued at about $25,000. Putney Financial Group LLC acquired a new stake in Nucor in the 4th quarter valued at about $29,000. MV Capital Management Inc. increased its position in Nucor by 73.5% in the 1st quarter. MV Capital Management Inc. now owns 281 shares of the basic materials company’s stock valued at $34,000 after acquiring an additional 119 shares in the last quarter. Fourth Dimension Wealth LLC acquired a new stake in Nucor in the 4th quarter valued at about $41,000. Finally, Geneos Wealth Management Inc. increased its position in Nucor by 81.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 153 shares in the last quarter. Institutional investors and hedge funds own 76.48% of the company’s stock.

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.