Brokers Set Expectations for Nucor's Q2 Earnings (NYSE:NUE)

Nucor Co. (NYSE:NUE - Free Report) - Investment analysts at Zacks Research cut their Q2 2025 earnings per share estimates for shares of Nucor in a research note issued on Monday, November 11th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings of $2.45 per share for the quarter, down from their previous forecast of $2.46. The consensus estimate for Nucor's current full-year earnings is $8.60 per share. Zacks Research also issued estimates for Nucor's Q3 2025 earnings at $2.47 EPS, Q4 2025 earnings at $2.35 EPS, FY2025 earnings at $9.46 EPS and FY2026 earnings at $11.10 EPS.

NUE has been the topic of several other reports. BMO Capital Markets dropped their price target on Nucor from $175.00 to $160.00 and set a "market perform" rating on the stock in a research report on Wednesday, September 18th. Morgan Stanley dropped their price target on Nucor from $170.00 to $166.00 and set an "overweight" rating on the stock in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. lowered their price objective on Nucor from $170.00 to $168.00 and set an "overweight" rating on the stock in a research report on Wednesday, October 23rd. Finally, Argus upgraded Nucor to a "strong-buy" rating in a research report on Monday, August 26th. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Nucor has a consensus rating of "Moderate Buy" and a consensus target price of $190.57.

Nucor Stock Performance

NYSE NUE traded down $4.28 during trading on Tuesday, hitting $154.78. The company's stock had a trading volume of 1,209,396 shares, compared to its average volume of 1,539,756. The company has a quick ratio of 1.61, a current ratio of 2.59 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average price of $148.18 and a 200 day moving average price of $155.39. The firm has a market cap of $36.34 billion, a P/E ratio of 15.37 and a beta of 1.55. Nucor has a 52 week low of $133.42 and a 52 week high of $203.00.

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

Nucor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, September 27th were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 1.40%. The ex-dividend date was Friday, September 27th. Nucor's dividend payout ratio is 20.87%.

Insider Activity at Nucor

In related news, EVP Kenneth Rex Query sold 9,000 shares of the business's stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $146.80, for a total value of $1,321,200.00. Following the sale, the executive vice president now owns 98,770 shares of the company's stock, valued at $14,499,436. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Nucor news, CEO Leon J. Topalian sold 11,000 shares of the business'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 of the company's stock, valued at approximately $29,109,918.96. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kenneth Rex Query sold 9,000 shares of the business's stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $146.80, for a total value of $1,321,200.00. Following the completion of the transaction, the executive vice president now directly owns 98,770 shares in the company, valued at approximately $14,499,436. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 24,712 shares of company stock valued at $3,980,235 in the last 90 days. 0.46% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of NUE. McClarren Financial Advisors Inc. raised its holdings in shares of Nucor by 129.0% during the 2nd quarter. McClarren Financial Advisors Inc. now owns 158 shares of the basic materials company's stock worth $25,000 after buying an additional 89 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in Nucor during the 3rd quarter worth $26,000. Coastline Trust Co bought a new stake in Nucor during the 3rd quarter worth $29,000. Brown Lisle Cummings Inc. bought a new stake in Nucor during the 3rd quarter worth $30,000. Finally, Salomon & Ludwin LLC grew its position in Nucor by 45.6% during the 3rd quarter. Salomon & Ludwin LLC now owns 230 shares of the basic materials company's stock worth $35,000 after acquiring an additional 72 shares during the last quarter. 76.48% of the stock is currently owned by institutional investors.

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.