What is Zacks Research’s Forecast for Nucor Q4 Earnings?

Nucor Corporation (NYSE:NUE) – Research analysts at Zacks Research boosted their Q4 2026 earnings estimates for Nucor in a research note issued to investors on Monday, August 10th. Zacks Research analyst Team now forecasts that the basic materials company will earn $5.06 per share for the quarter, up from their previous forecast of $4.68. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Nucor’s current full-year earnings is $18.02 per share. Zacks Research also issued estimates for Nucor’s Q1 2027 earnings at $5.22 EPS and Q3 2027 earnings at $5.54 EPS.

Nucor (NYSE:NUE) last issued its earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.46 by $0.38. The company had revenue of $10.40 billion for the quarter, compared to analysts’ expectations of $10.15 billion. Nucor had a net margin of 7.99% and a return on equity of 12.73%. Nucor’s quarterly revenue was up 23.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.60 EPS.

A number of other brokerages have also recently commented on NUE. Weiss Ratings upgraded Nucor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Seaport Research Partners raised their target price on shares of Nucor from $245.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. BNP Paribas Exane raised their price objective on Nucor from $210.00 to $248.00 and gave the company an “outperform” rating in a report on Monday, May 4th. Jefferies Financial Group increased their target price on Nucor from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Finally, Morgan Stanley set a $270.00 price objective on shares of Nucor in a report on Wednesday, July 29th. Twelve investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Nucor has an average rating of “Moderate Buy” and an average target price of $273.31.

Nucor Trading Up 0.7%

Shares of NYSE:NUE opened at $274.53 on Tuesday. The stock has a market cap of $62.52 billion, a PE ratio of 21.89, a P/E/G ratio of 0.60 and a beta of 1.89. The company has a quick ratio of 1.36, a current ratio of 2.51 and a debt-to-equity ratio of 0.27. Nucor has a 12-month low of $131.32 and a 12-month high of $280.11. The business has a 50 day moving average of $246.13 and a 200-day moving average of $211.77.

Hedge Funds Weigh In On Nucor

Institutional investors have recently bought and sold shares of the stock. Stance Capital LLC purchased a new position in shares of Nucor in the 3rd quarter worth about $25,000. Strive Financial Group LLC bought a new stake in Nucor during the 4th quarter valued at about $27,000. Bell Investment Advisors Inc purchased a new position in Nucor in the second quarter worth about $28,000. Motiv8 Investments LLC purchased a new stake in shares of Nucor during the fourth quarter valued at approximately $32,000. Finally, Bartlett & CO. Wealth Management LLC raised its holdings in Nucor by 49.2% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 191 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 63 shares during the last quarter. 76.48% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Nucor news, COO Stephen D. Laxton sold 3,968 shares of the stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $256.96, for a total transaction of $1,019,617.28. Following the completion of the sale, the chief operating officer owned 77,867 shares of the company’s stock, valued at $20,008,704.32. This represents a 4.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Randy J. Spicer sold 2,500 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $225.00, for a total value of $562,500.00. Following the completion of the sale, the executive vice president owned 20,510 shares of the company’s stock, valued at approximately $4,614,750. This trade represents a 10.86% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 21,028 shares of company stock worth $5,355,535. Insiders own 0.62% of the company’s stock.

Nucor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th will be issued a $0.56 dividend. This represents a $2.24 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Nucor’s dividend payout ratio (DPR) is presently 17.86%.

About Nucor

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.