Zacks Research Analysts Raise Earnings Estimates for Nucor

Nucor Corporation (NYSE:NUE) – Zacks Research boosted their Q4 2026 earnings estimates for shares of Nucor in a report released on Monday, October 12th. Zacks Research analyst Team now expects that the basic materials company will earn $6.84 per share for the quarter, up from their prior estimate of $4.81. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Nucor’s current full-year earnings is $19.62 per share. Zacks Research also issued estimates for Nucor’s Q4 2027 earnings at $4.20 EPS and FY2027 earnings at $19.44 EPS.

A number of other brokerages have also recently issued reports on NUE. BMO Capital Markets raised their price objective on Nucor from $285.00 to $295.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Morgan Stanley set a $270.00 target price on Nucor in a research note on Wednesday, July 29th. Weiss Ratings upgraded Nucor from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 25th. The Goldman Sachs Group dropped their target price on Nucor from $304.00 to $302.00 and set a “buy” rating for the company in a report on Friday, September 18th. Finally, Barclays raised their price target on Nucor from $272.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $276.07.

Nucor Stock Performance

Nucor stock opened at $253.81 on Wednesday. The firm has a fifty day simple moving average of $254.74 and a two-hundred day simple moving average of $236.61. 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 twelve month low of $131.32 and a twelve month high of $280.11. The company has a market capitalization of $57.58 billion, a PE ratio of 20.24, a P/E/G ratio of 0.62 and a beta of 1.84.

Nucor (NYSE:NUE) last issued its earnings results on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, topping 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%. The firm’s revenue was up 23.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.60 EPS.

Nucor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Wednesday, September 30th will be issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, September 30th. Nucor’s dividend payout ratio (DPR) is 17.86%.

Insiders Place Their Bets

In other Nucor news, EVP Thomas Batterbee sold 4,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $261.02, for a total value of $1,044,080.00. Following the transaction, the executive vice president owned 16,138 shares in the company, valued at approximately $4,212,340.76. The trade was a 19.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Stephen Laxton sold 3,968 shares of the business’s stock in a transaction dated 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 transaction, the chief operating officer owned 77,867 shares in the company, valued at $20,008,704.32. The trade was a 4.85% decrease in their position. The SEC filing for this sale provides additional information. 0.62% of the stock is owned by company insiders.

Institutional Trading of Nucor

Several large investors have recently modified their holdings of NUE. B. Riley Wealth Advisors Inc. raised its position in Nucor by 5.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,645 shares of the basic materials company’s stock valued at $618,000 after purchasing an additional 130 shares during the last quarter. Courier Capital LLC lifted its holdings in Nucor by 100.0% in the 3rd quarter. Courier Capital LLC now owns 3,490 shares of the basic materials company’s stock worth $816,000 after buying an additional 1,745 shares during the period. Sax Wealth Advisors LLC grew its position in shares of Nucor by 224.2% in the 3rd quarter. Sax Wealth Advisors LLC now owns 7,926 shares of the basic materials company’s stock worth $1,853,000 after buying an additional 5,481 shares during the last quarter. NorthCrest Asset Manangement LLC bought a new stake in shares of Nucor in the 3rd quarter worth approximately $218,000. Finally, Avior Wealth Management LLC grew its position in shares of Nucor by 3.5% in the 3rd quarter. Avior Wealth Management LLC now owns 1,506 shares of the basic materials company’s stock worth $352,000 after buying an additional 51 shares during the last quarter. 76.48% of the stock is owned by institutional investors.

More Nucor News

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Nucor will invest $105 million to expand utility-tower and pole production in Indiana. The project will add advanced automation and approximately 100 jobs, positioning the company to benefit from rising electricity demand and grid-infrastructure spending. Nucor Expands Utility Towers Capacity With $105M Investment
• Positive Sentiment: Zacks Research raised its fiscal 2028 EPS forecast to $21.21 from $20.40, suggesting stronger longer-term earnings potential despite reductions to some quarterly estimates. Nucor analyst estimates
• Neutral Sentiment: Nucor announced a webcast for its third-quarter 2026 earnings call. Investors will focus on steel pricing, demand, margins and management’s outlook for the remainder of the year. Nucor Invites You to Join Its Third Quarter of 2026 Conference Call on the Web
• Negative Sentiment: Zacks Research cut its Q3 2026 EPS estimate to $5.61 from $5.90 and reduced its Q3 2027 estimate to $5.13 from $5.23. The revisions indicate softer expected near-term earnings, although the firm maintains a “Hold” rating. Nucor earnings estimate revisions

About Nucor

Nucor Corporation is a Charlotte, North Carolina-based steel producer and one of the largest steel companies in North America. The company operates electric arc furnace (EAF) steel mills that use recycled scrap steel as a primary raw material, along with facilities that manufacture and process steel products for construction, manufacturing, transportation, energy and other industrial markets.

Nucor’s product portfolio includes carbon and alloy steel in sheet, plate, bar and structural forms, as well as reinforcing steel, wire and wire mesh.