Nucor (NYSE:NUE) Issues Q3 2026 Earnings Guidance

Nucor (NYSE:NUE) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 5.550-5.650 for the period, compared to the consensus EPS estimate of 6.170. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. CICC Research assumed coverage on shares of Nucor in a research note on Monday, May 25th. They set an “outperform” rating for the company. Zacks Research cut shares of Nucor from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Wells Fargo & Company decreased their target price on shares of Nucor from $297.00 to $285.00 and set an “overweight” rating for the company in a research report on Monday, August 24th. Citigroup reaffirmed a “buy” rating on shares of Nucor in a research report on Wednesday, July 29th. Finally, Barclays upped their target price on Nucor from $272.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Thirteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Nucor has an average rating of “Moderate Buy” and an average target price of $274.38.

Nucor Stock Performance

Shares of NUE stock traded up $4.87 on Thursday, reaching $265.55. The stock had a trading volume of 969,077 shares, compared to its average volume of 1,570,707. The company has a quick ratio of 1.36, a current ratio of 2.51 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average is $253.65 and its two-hundred day moving average is $226.04. The firm has a market capitalization of $60.25 billion, a price-to-earnings ratio of 21.18, a P/E/G ratio of 0.93 and a beta of 1.87. Nucor has a 12 month low of $131.32 and a 12 month high of $280.11.

Nucor (NYSE:NUE) last announced its quarterly earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, topping 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 firm had revenue of $10.40 billion for the quarter, compared to the consensus estimate of $10.15 billion. During the same quarter in the previous year, the business earned $2.60 earnings per share. The business’s revenue was up 23.0% compared to the same quarter last year. On average, research analysts expect that Nucor will post 18.52 EPS for the current fiscal year.

Insiders Place Their Bets

In other Nucor news, COO Stephen Laxton sold 3,968 shares of the company’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $256.96, for a total value of $1,019,617.28. Following the transaction, the chief operating officer directly owned 77,867 shares in the company, valued at $20,008,704.32. The trade was a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Thomas Batterbee sold 4,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $261.02, for a total transaction of $1,044,080.00. Following the completion of the transaction, the executive vice president directly owned 16,138 shares in the company, valued at $4,212,340.76. The trade was a 19.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.62% of the company’s stock.

Nucor Company Profile

Nucor Corporation is a Charlotte, North Carolina-based steel and steel products company. It manufactures carbon, alloy and stainless steel products, including sheet, plate, bar, structural steel, rail, wire rod, rebar and merchant bar. The company also produces steel joists, deck, beams, piling, wire products, fasteners, grating, metal building systems and other fabricated steel products.

Nucor operates an integrated network of electric arc furnace steel mills, recycling facilities and downstream manufacturing operations.