Zacks Research Issues Positive Forecast for Nucor Earnings

Nucor Corporation (NYSE:NUE) – Investment analysts at Zacks Research lifted their Q2 2026 earnings per share estimates for Nucor in a report released on Friday, February 6th. Zacks Research analyst Team now anticipates that the basic materials company will earn $3.23 per share for the quarter, up from their prior estimate of $3.05. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Zacks Research also issued estimates for Nucor’s Q3 2026 earnings at $2.97 EPS, Q3 2027 earnings at $3.51 EPS and FY2028 earnings at $13.43 EPS.

NUE has been the subject of several other research reports. BMO Capital Markets reissued an “outperform” rating on shares of Nucor in a research note on Wednesday, October 29th. Weiss Ratings restated a “hold (c)” rating on shares of Nucor in a research note on Monday, December 29th. Wells Fargo & Company raised their price target on shares of Nucor from $176.00 to $184.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Seaport Research Partners upped their price objective on shares of Nucor from $170.00 to $185.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Finally, JPMorgan Chase & Co. raised their target price on Nucor from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, December 5th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Nucor currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.36.

Nucor Stock Up 3.4%

Shares of NYSE:NUE opened at $192.91 on Monday. The company has a current ratio of 2.94, a quick ratio of 1.57 and a debt-to-equity ratio of 0.31. Nucor has a 12-month low of $97.59 and a 12-month high of $193.09. The company has a fifty day simple moving average of $169.44 and a 200 day simple moving average of $152.37. The firm has a market cap of $44.15 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 0.70 and a beta of 1.86.

Nucor (NYSE:NUE) last posted its quarterly earnings data on Monday, January 26th. The basic materials company reported $1.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.91 by ($0.18). The business had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.93 billion. Nucor had a return on equity of 8.26% and a net margin of 5.37%.Nucor’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.22 earnings per share.

Nucor Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.56 per share. This is an increase from Nucor’s previous quarterly dividend of $0.55. This represents a $2.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, December 31st. Nucor’s dividend payout ratio is currently 29.71%.

Insider Buying and Selling

In related news, EVP Allen C. Behr sold 7,568 shares of Nucor stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $188.50, for a total transaction of $1,426,568.00. Following the completion of the transaction, the executive vice president directly owned 67,711 shares of the company’s stock, valued at $12,763,523.50. This trade represents a 10.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel R. Needham sold 3,881 shares of the company’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $178.00, for a total transaction of $690,818.00. Following the sale, the executive vice president directly owned 88,298 shares in the company, valued at $15,717,044. This represents a 4.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 33,899 shares of company stock valued at $5,794,577 in the last ninety days. Insiders own 0.71% of the company’s stock.

Institutional Investors Weigh In On Nucor

Large investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC lifted its position in shares of Nucor by 21.1% during the first quarter. Integrated Wealth Concepts LLC now owns 3,266 shares of the basic materials company’s stock worth $393,000 after purchasing an additional 568 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Nucor in the first quarter valued at about $259,000. Geneos Wealth Management Inc. boosted its holdings in Nucor by 81.8% in the first 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 during the last quarter. Sivia Capital Partners LLC acquired a new stake in Nucor in the second quarter worth about $390,000. Finally, Clear Creek Financial Management LLC bought a new stake in Nucor during the 2nd quarter worth about $246,000. 76.48% of the stock is currently owned by institutional investors.

Nucor Company Profile

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.