Nucor (NUE) to Release Earnings on Monday

Nucor (NYSE:NUE - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Monday, April 28th. Analysts expect Nucor to post earnings of $0.92 per share and revenue of $7.25 billion for the quarter.

Nucor (NYSE:NUE - Get Free Report) last announced its earnings results on Monday, January 27th. The basic materials company reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $0.94 by $0.28. Nucor had a net margin of 6.60% and a return on equity of 9.85%. During the same period in the prior year, the firm earned $3.16 earnings per share. On average, analysts expect Nucor to post $8 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Nucor Stock Up 2.3 %

Shares of NYSE:NUE traded up $2.55 during trading on Wednesday, reaching $112.17. The stock had a trading volume of 1,726,125 shares, compared to its average volume of 2,071,854. The firm's 50-day simple moving average is $124.07 and its 200 day simple moving average is $132.55. The company has a current ratio of 2.51, a quick ratio of 1.48 and a debt-to-equity ratio of 0.27. Nucor has a one year low of $97.59 and a one year high of $183.95. The company has a market capitalization of $25.86 billion, a P/E ratio of 13.34, a PEG ratio of 0.96 and a beta of 1.67.

Nucor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Monday, March 31st will be paid a $0.55 dividend. The ex-dividend date is Monday, March 31st. This represents a $2.20 annualized dividend and a yield of 1.96%. Nucor's dividend payout ratio (DPR) is 26.16%.

Analyst Ratings Changes

A number of analysts have recently weighed in on NUE shares. Morgan Stanley set a $164.00 price objective on Nucor in a research report on Monday, March 24th. The Goldman Sachs Group lowered their price target on Nucor from $175.00 to $169.00 and set a "buy" rating for the company in a report on Monday, April 7th. Argus set a $155.00 price objective on shares of Nucor in a report on Wednesday, March 5th. StockNews.com upgraded shares of Nucor from a "sell" rating to a "hold" rating in a research note on Friday, April 18th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Nucor from $156.00 to $140.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $160.33.

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.