Nucor Co. (NYSE:NUE – Free Report) – Equities researchers at Seaport Res Ptn increased their Q2 2025 EPS estimates for Nucor in a report issued on Friday, September 13th. Seaport Res Ptn analyst M. Englert now expects that the basic materials company will post earnings of $3.63 per share for the quarter, up from their prior estimate of $3.43. The consensus estimate for Nucor’s current full-year earnings is $9.95 per share. Seaport Res Ptn also issued estimates for Nucor’s FY2025 earnings at $12.20 EPS.
Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. raised shares of Nucor from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $170.00 to $174.00 in a research report on Monday, September 9th. Morgan Stanley raised Nucor from an “equal weight” rating to an “overweight” rating and cut their price objective for the company from $187.00 to $176.00 in a research report on Thursday, August 15th. Bank of America decreased their target price on Nucor from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, June 26th. Argus upgraded Nucor to a “strong-buy” rating in a research report on Monday, August 26th. Finally, BMO Capital Markets decreased their price objective on Nucor from $185.00 to $175.00 and set a “market perform” rating for the company in a report on Monday, June 17th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $195.00.
Nucor Stock Performance
Shares of NUE stock opened at $142.18 on Monday. The firm has a market capitalization of $34.09 billion, a price-to-earnings ratio of 8.36 and a beta of 1.55. The stock has a fifty day moving average of $150.36 and a 200 day moving average of $166.72. Nucor has a 52 week low of $133.42 and a 52 week high of $203.00. The company has a quick ratio of 1.85, a current ratio of 2.93 and a debt-to-equity ratio of 0.26.
Nucor (NYSE:NUE – Get Free Report) last announced its quarterly earnings results on Monday, July 22nd. The basic materials company reported $2.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.37. Nucor had a return on equity of 15.69% and a net margin of 10.45%. The company had revenue of $8.08 billion for the quarter, compared to the consensus estimate of $7.69 billion. During the same quarter in the previous year, the business earned $5.81 EPS. Nucor’s revenue was down 15.2% compared to the same quarter last year.
Nucor Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, September 27th will be paid a $0.54 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.52%. Nucor’s dividend payout ratio is currently 12.71%.
Insider Activity
In related news, EVP Daniel R. Needham sold 8,624 shares of the stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $160.00, for a total transaction of $1,379,840.00. Following the sale, the executive vice president now directly owns 99,049 shares of the company’s stock, valued at approximately $15,847,840. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.46% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. McClarren Financial Advisors Inc. lifted its stake in Nucor by 129.0% during the 2nd quarter. McClarren Financial Advisors Inc. now owns 158 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 89 shares during the period. Rise Advisors LLC purchased a new stake in Nucor in the first quarter worth approximately $27,000. Chilton Capital Management LLC grew its position in Nucor by 94.2% in the 1st quarter. Chilton Capital Management LLC now owns 134 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 65 shares during the period. Central Pacific Bank Trust Division bought a new stake in Nucor in the 1st quarter worth approximately $28,000. Finally, Tompkins Financial Corp raised its stake in Nucor by 208.0% during the 1st quarter. Tompkins Financial Corp now owns 154 shares of the basic materials company’s stock valued at $30,000 after buying an additional 104 shares during the last quarter. 76.48% of the stock is owned by institutional investors.
About Nucor
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.
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