What is Zacks Research's Forecast for Nucor FY2025 Earnings?

Nucor Co. (NYSE:NUE - Free Report) - Stock analysts at Zacks Research cut their FY2025 earnings per share (EPS) estimates for Nucor in a research report issued to clients and investors on Thursday, January 16th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings per share of $8.06 for the year, down from their previous forecast of $8.47. The consensus estimate for Nucor's current full-year earnings is $8.19 per share. Zacks Research also issued estimates for Nucor's Q1 2026 earnings at $2.76 EPS.

Several other equities research analysts also recently weighed in on the company. The Goldman Sachs Group assumed coverage on Nucor in a research report on Monday, December 2nd. They set a "buy" rating and a $190.00 price target on the stock. Jefferies Financial Group reduced their price target on Nucor from $150.00 to $125.00 and set a "hold" rating for the company in a research report on Monday, January 6th. UBS Group reissued a "neutral" rating and issued a $156.00 price target (down from $171.00) on shares of Nucor in a report on Thursday, December 12th. Citigroup dropped their price objective on shares of Nucor from $240.00 to $160.00 and set a "buy" rating on the stock in a research note on Thursday, December 19th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Nucor from $168.00 to $152.00 and set an "overweight" rating for the company in a research note on Friday. Four analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $163.63.

Nucor Stock Performance

Shares of Nucor stock traded up $1.04 during trading on Monday, hitting $124.40. 1,842,859 shares of the company's stock were exchanged, compared to its average volume of 2,239,521. The stock has a market capitalization of $29.21 billion, a price-to-earnings ratio of 12.02 and a beta of 1.60. The business has a 50-day simple moving average of $133.52 and a 200-day simple moving average of $144.40. Nucor has a 52-week low of $112.25 and a 52-week high of $203.00. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.61 and a current ratio of 2.59.

Nucor (NYSE:NUE - Get Free Report) last announced its quarterly earnings data on Monday, October 21st. The basic materials company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.40 by $0.09. The business had revenue of $7.44 billion during the quarter, compared to analysts' expectations of $7.28 billion. Nucor had a net margin of 8.05% and a return on equity of 12.06%. The business's quarterly revenue was down 15.2% compared to the same quarter last year. During the same period in the previous year, the business posted $4.57 EPS.

Hedge Funds Weigh In On Nucor

Several hedge funds and other institutional investors have recently modified their holdings of the business. Ashton Thomas Securities LLC acquired a new stake in Nucor in the 3rd quarter valued at about $26,000. Coastline Trust Co acquired a new stake in shares of Nucor in the third quarter valued at approximately $29,000. Brown Lisle Cummings Inc. purchased a new position in Nucor during the third quarter worth approximately $30,000. Salomon & Ludwin LLC lifted its position in Nucor by 45.6% during the third quarter. Salomon & Ludwin LLC now owns 230 shares of the basic materials company's stock worth $35,000 after buying an additional 72 shares in the last quarter. Finally, Versant Capital Management Inc boosted its stake in Nucor by 60.3% during the fourth quarter. Versant Capital Management Inc now owns 303 shares of the basic materials company's stock worth $35,000 after buying an additional 114 shares during the last quarter. 76.48% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Nucor

In other Nucor news, CEO Leon J. Topalian sold 11,000 shares of the firm's stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $169.11, for a total value of $1,860,210.00. Following the transaction, the chief executive officer now owns 172,136 shares in the company, valued at approximately $29,109,918.96. This trade represents a 6.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Kenneth Rex Query sold 9,000 shares of Nucor stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $146.80, for a total transaction of $1,321,200.00. Following the sale, the executive vice president now directly owns 98,770 shares in the company, valued at approximately $14,499,436. This trade represents a 8.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,680 shares of company stock valued at $4,773,724 over the last ninety days. Corporate insiders own 0.64% of the company's stock.

Nucor Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.55 per share. The ex-dividend date is Tuesday, December 31st. This is a boost from Nucor's previous quarterly dividend of $0.54. This represents a $2.20 dividend on an annualized basis and a yield of 1.77%. Nucor's dividend payout ratio is currently 21.26%.

Nucor Company Profile

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.