Zacks Research Analysts Cut Earnings Estimates for Nucor Co. (NYSE:NUE)

Nucor Co. (NYSE:NUE) – Investment analysts at Zacks Research cut their Q3 2025 earnings per share estimates for shares of Nucor in a research note issued on Wednesday, September 18th. Zacks Research analyst M. Agrawal now expects that the basic materials company will earn $2.55 per share for the quarter, down from their prior estimate of $2.84. The consensus estimate for Nucor’s current full-year earnings is $9.95 per share. Zacks Research also issued estimates for Nucor’s Q4 2025 earnings at $2.70 EPS and FY2025 earnings at $10.62 EPS.

Nucor (NYSE:NUE) last announced its quarterly earnings data on Monday, July 22nd. The basic materials company reported $2.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.37. Nucor had a net margin of 10.45% and a return on equity of 15.69%. The firm had revenue of $8.08 billion for the quarter, compared to the consensus estimate of $7.69 billion. During the same period in the prior year, the company posted $5.81 earnings per share. The business’s revenue for the quarter was down 15.2% on a year-over-year basis.

Several other brokerages also recently weighed in on NUE. Argus upgraded Nucor to a “strong-buy” rating in a research report on Monday, August 26th. JPMorgan Chase & Co. upgraded shares of Nucor from a “neutral” rating to an “overweight” rating and raised their price target for the company from $170.00 to $174.00 in a research note on Monday, September 9th. Bank of America decreased their price target on shares of Nucor from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Wednesday, June 26th. Morgan Stanley dropped their price objective on shares of Nucor from $176.00 to $170.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, BMO Capital Markets decreased their target price on shares of Nucor from $175.00 to $160.00 and set a “market perform” rating on the stock in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $192.00.

Nucor Stock Up 4.2 %

Shares of NUE opened at $148.98 on Friday. The firm has a 50 day simple moving average of $149.95 and a two-hundred day simple moving average of $166.43. The company has a market cap of $35.72 billion, a P/E ratio of 8.76 and a beta of 1.55. Nucor has a one year low of $133.42 and a one year high of $203.00. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.93 and a quick ratio of 1.85.

Institutional Investors Weigh In On Nucor

A number of institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its holdings in Nucor by 6.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 865 shares of the basic materials company’s stock valued at $151,000 after acquiring an additional 54 shares during the last quarter. Fortitude Family Office LLC lifted its position in shares of Nucor by 54.1% in the 1st quarter. Fortitude Family Office LLC now owns 168 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 59 shares during the period. GPS Wealth Strategies Group LLC boosted its stake in shares of Nucor by 4.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,630 shares of the basic materials company’s stock valued at $258,000 after purchasing an additional 64 shares during the last quarter. Chilton Capital Management LLC increased its position in shares of Nucor by 94.2% during the first quarter. Chilton Capital Management LLC now owns 134 shares of the basic materials company’s stock worth $27,000 after buying an additional 65 shares during the period. Finally, Integrated Advisors Network LLC raised its stake in Nucor by 3.4% during the fourth quarter. Integrated Advisors Network LLC now owns 2,141 shares of the basic materials company’s stock worth $373,000 after buying an additional 70 shares during the last quarter. Institutional investors own 76.48% of the company’s stock.

Insider Activity

In related news, EVP Daniel R. Needham sold 8,624 shares of the business’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $160.00, for a total value of $1,379,840.00. Following the sale, the executive vice president now owns 99,049 shares of the company’s stock, valued at $15,847,840. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.46% of the company’s stock.

Nucor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 8th. Shareholders of record on Friday, September 27th will be given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend is Friday, September 27th. Nucor’s dividend payout ratio (DPR) is currently 12.71%.

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.