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

Nucor Corporation (NYSE:NUE) – Equities research analysts at Zacks Research increased their Q3 2025 earnings per share (EPS) estimates for Nucor in a research report issued to clients and investors on Thursday, August 14th. Zacks Research analyst Team now forecasts that the basic materials company will earn $2.46 per share for the quarter, up from their prior forecast of $2.45. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Zacks Research also issued estimates for Nucor’s FY2025 earnings at $7.80 EPS.

Several other brokerages have also weighed in on NUE. Wall Street Zen lowered Nucor from a “hold” rating to a “sell” rating in a research report on Wednesday, April 30th. Wells Fargo & Company upgraded Nucor to a “hold” rating in a research report on Thursday. Jefferies Financial Group upgraded Nucor from a “hold” rating to a “buy” rating and increased their price objective for the stock from $135.00 to $170.00 in a research report on Thursday, July 31st. UBS Group lowered their price objective on Nucor from $153.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, May 29th. Finally, JPMorgan Chase & Co. increased their price objective on Nucor from $143.00 to $162.00 and gave the stock an “overweight” rating in a research report on Monday, July 14th. One analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Nucor has a consensus rating of “Moderate Buy” and a consensus price target of $155.78.

Nucor Trading Up 0.8%

Shares of Nucor stock opened at $145.49 on Friday. The firm has a market capitalization of $33.40 billion, a price-to-earnings ratio of 26.26, a PEG ratio of 0.92 and a beta of 1.74. 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 0.31, a quick ratio of 1.51 and a current ratio of 2.83. The stock has a 50 day moving average of $135.77 and a 200 day moving average of $126.91.

Nucor (NYSE:NUE) last posted its quarterly earnings results on Monday, July 28th. The basic materials company reported $2.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.54 by $0.06. The business had revenue of $8.46 billion during the quarter, compared to analyst estimates of $8.47 billion. Nucor had a return on equity of 6.65% and a net margin of 4.21%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $2.68 earnings per share.

Institutional Trading of Nucor

Several hedge funds have recently modified their holdings of the stock. RFG Advisory LLC raised its stake in shares of Nucor by 2.9% in the second quarter. RFG Advisory LLC now owns 2,462 shares of the basic materials company’s stock valued at $319,000 after acquiring an additional 69 shares in the last quarter. 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. IMA Advisory Services Inc. raised its stake in shares of Nucor by 51.4% in the second quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 75 shares in the last quarter. HUB Investment Partners LLC raised its stake in shares of Nucor by 1.9% in the second quarter. HUB Investment Partners LLC now owns 4,099 shares of the basic materials company’s stock valued at $531,000 after acquiring an additional 75 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC raised its stake in shares of Nucor by 1.9% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 4,326 shares of the basic materials company’s stock valued at $560,000 after acquiring an additional 79 shares in the last quarter. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Nucor

In other news, EVP Daniel R. Needham sold 7,088 shares of the firm’s stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $127.87, for a total transaction of $906,342.56. Following the completion of the transaction, the executive vice president directly owned 99,379 shares in the company, valued at $12,707,592.73. This trade represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Kenneth Rex Query sold 10,000 shares of the firm’s stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $130.37, for a total value of $1,303,700.00. Following the transaction, the executive vice president owned 94,080 shares of the company’s stock, valued at approximately $12,265,209.60. This represents a 9.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,109 shares of company stock worth $3,360,094 over the last ninety days. Company insiders own 0.46% of the company’s stock.

Nucor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Monday, June 30th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, June 30th. Nucor’s dividend payout ratio (DPR) is currently 39.71%.

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.