Nucor Corporation (NYSE:NUE) Receives $273.31 Consensus Price Target from Brokerages

Shares of Nucor Corporation (NYSE:NUE) have been given a consensus recommendation of “Moderate Buy” by the sixteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $273.3077.

A number of research analysts have commented on NUE shares. JPMorgan Chase & Co. raised their target price on shares of Nucor from $240.00 to $282.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. CICC Research began coverage on shares of Nucor in a research report on Monday, May 25th. They issued an “outperform” rating for the company. BMO Capital Markets increased their price objective on shares of Nucor from $285.00 to $295.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Jefferies Financial Group lifted their price objective on shares of Nucor from $225.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Finally, Barclays boosted their price objective on shares of Nucor from $272.00 to $295.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th.

Insider Buying and Selling

In related news, EVP Thomas J. Batterbee sold 4,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $261.02, for a total transaction of $1,044,080.00. Following the completion of the sale, the executive vice president directly owned 16,138 shares in the company, valued at $4,212,340.76. This represents a 19.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP John J. Hollatz sold 10,560 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $258.46, for a total value of $2,729,337.60. Following the sale, the executive vice president directly owned 97,865 shares in the company, valued at approximately $25,294,187.90. The trade was a 9.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 21,028 shares of company stock valued at $5,355,535. 0.62% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Nucor

Several institutional investors have recently bought and sold shares of the company. RKL Wealth Management LLC lifted its holdings in shares of Nucor by 0.9% during the 1st quarter. RKL Wealth Management LLC now owns 5,318 shares of the basic materials company’s stock valued at $899,000 after purchasing an additional 48 shares during the last quarter. Focus Financial Network Inc. grew its stake in Nucor by 3.6% during the 2nd quarter. Focus Financial Network Inc. now owns 1,417 shares of the basic materials company’s stock worth $316,000 after buying an additional 49 shares during the last quarter. Empirical Asset Management LLC increased its position in Nucor by 2.6% during the 4th quarter. Empirical Asset Management LLC now owns 2,130 shares of the basic materials company’s stock valued at $347,000 after buying an additional 54 shares in the last quarter. Krilogy Financial LLC increased its position in Nucor by 4.1% during the 4th quarter. Krilogy Financial LLC now owns 1,531 shares of the basic materials company’s stock valued at $272,000 after buying an additional 61 shares in the last quarter. Finally, Moody National Bank Trust Division raised its stake in Nucor by 4.6% in the second quarter. Moody National Bank Trust Division now owns 1,396 shares of the basic materials company’s stock valued at $311,000 after buying an additional 62 shares during the last quarter. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Nucor Stock Up 0.3%

Shares of NYSE:NUE opened at $272.76 on Tuesday. The business’s 50 day moving average is $246.87 and its 200 day moving average is $213.70. The stock has a market cap of $62.12 billion, a P/E ratio of 21.75, a price-to-earnings-growth ratio of 0.60 and a beta of 1.89. Nucor has a 52-week low of $131.32 and a 52-week high of $280.11. 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 (NYSE:NUE) last issued its earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, beating analysts’ consensus estimates of $4.46 by $0.38. Nucor had a return on equity of 12.73% and a net margin of 7.99%.The business had revenue of $10.40 billion during the quarter, compared to analyst estimates of $10.15 billion. During the same period in the previous year, the company posted $2.60 EPS. Nucor’s revenue was up 23.0% on a year-over-year basis. Sell-side analysts predict that Nucor will post 17.95 EPS for the current year.

Nucor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Tuesday, June 30th were issued a $0.56 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.8%. Nucor’s dividend payout ratio (DPR) is currently 17.86%.

Key Stories Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Nucor will invest $59 million to expand its Vulcraft Indiana facility, adding production capabilities for steel grating products. The project supports Nucor’s value-added product strategy, could increase future sales capacity and signals confidence in construction and infrastructure demand. Nucor to Invest $59 Million to Expand Production Capabilities at its Vulcraft Indiana Manufacturing Facility
• Positive Sentiment: Zacks Research issued an optimistic forecast for Nucor’s near-term earnings, including raising its third-quarter 2026 EPS estimate to $5.95 from $5.62. That increase supports the view that operating conditions and steel pricing could remain favorable in the near term. Zacks Research Issues Optimistic Forecast for Nucor Earnings
• Neutral Sentiment: Steel stocks, including Nucor, are receiving broader market attention ahead of inflation data. Expectations for interest rates and economic activity may influence demand expectations for construction-related steel, but the data could also increase volatility. Nucor in Focus as Steel Names Draw Attention Before Inflation Data
• Neutral Sentiment: Nucor’s strong long-term shareholder returns and recent earnings beat—$4.84 EPS versus the $4.46 consensus, with revenue up 23% year over year—provide supportive fundamental context, although these results are not new catalysts. If You Invested $1000 in Nucor a Decade Ago
• Negative Sentiment: Zacks Research cut several longer-term EPS estimates, including FY2027 to $19.15 from $23.08 and FY2028 to $20.11 from $23.38, while maintaining a Hold rating. The reductions suggest concerns about longer-term steel margins, demand or pricing despite the stronger near-term outlook. Nucor Earnings Estimate Changes

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.