Research Analysts Offer Predictions for Nucor Q2 Earnings

Nucor Corporation (NYSE:NUE) – Equities researchers at Zacks Research lifted their Q2 2026 earnings per share estimates for shares of Nucor in a research note issued to investors on Wednesday, March 11th. Zacks Research analyst Team now anticipates that the basic materials company will post earnings per share of $3.24 for the quarter, up from their previous estimate of $3.23. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Zacks Research also issued estimates for Nucor’s Q4 2026 earnings at $1.82 EPS, Q2 2027 earnings at $3.89 EPS and FY2028 earnings at $13.51 EPS.

Several other brokerages have also weighed in on NUE. Wells Fargo & Company raised their price objective on shares of Nucor from $184.00 to $194.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. BNP Paribas Exane upped their target price on shares of Nucor from $165.00 to $185.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. BMO Capital Markets increased their price target on shares of Nucor from $190.00 to $196.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. UBS Group downgraded Nucor from a “buy” rating to a “neutral” rating and set a $183.00 price target for the company. in a research note on Wednesday, January 28th. Finally, The Goldman Sachs Group upped their price objective on Nucor from $182.00 to $196.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Nucor currently has an average rating of “Moderate Buy” and an average price target of $187.90.

Nucor Stock Up 0.8%

Shares of NYSE:NUE opened at $171.73 on Thursday. The firm has a market cap of $39.11 billion, a PE ratio of 22.78, a price-to-earnings-growth ratio of 0.61 and a beta of 1.83. The company has a fifty day simple moving average of $177.26 and a 200 day simple moving average of $158.30. The company has a current ratio of 2.94, a quick ratio of 1.57 and a debt-to-equity ratio of 0.31. Nucor has a 12-month low of $97.59 and a 12-month high of $196.90.

Nucor (NYSE:NUE) last issued its earnings results on Monday, January 26th. The basic materials company reported $1.73 earnings per share for the quarter, missing the consensus estimate of $1.91 by ($0.18). The company had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.93 billion. Nucor had a return on equity of 8.26% and a net margin of 5.37%.Nucor’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.22 EPS.

Institutional Trading of Nucor

A number of institutional investors and hedge funds have recently made changes to their positions in NUE. Strive Financial Group LLC acquired a new position in Nucor during the 4th quarter valued at approximately $27,000. Stance Capital LLC acquired a new stake in Nucor in the third quarter worth $25,000. Mcguire Capital Advisors Inc. bought a new stake in Nucor in the fourth quarter valued at $32,000. Motiv8 Investments LLC bought a new stake in Nucor in the fourth quarter valued at $32,000. Finally, IMA Advisory Services Inc. grew its position in shares of Nucor by 51.4% during the second quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 75 shares during the last quarter. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Nucor

In other Nucor news, EVP Thomas J. Batterbee sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $165.28, for a total value of $330,560.00. Following the transaction, the executive vice president owned 17,952 shares of the company’s stock, valued at $2,967,106.56. This trade represents a 10.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel R. Needham sold 3,881 shares of Nucor stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $178.00, for a total value of $690,818.00. Following the completion of the transaction, the executive vice president owned 88,298 shares of the company’s stock, valued at approximately $15,717,044. The trade was a 4.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 34,351 shares of company stock valued at $6,206,158. Corporate 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 Monday, May 11th. Stockholders of record on Tuesday, March 31st will be given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Tuesday, March 31st. Nucor’s dividend payout ratio (DPR) is presently 29.71%.

Nucor announced that its Board of Directors has authorized a share buyback program on Friday, February 20th that allows the company to buyback $4.00 billion in shares. This buyback authorization allows the basic materials company to purchase up to 9.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

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.