Zacks Research Has Positive Estimate for Nucor Q1 Earnings

Nucor Co. (NYSE:NUE) – Zacks Research increased their Q1 2026 earnings estimates for shares of Nucor in a report released on Monday, March 10th. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings of $2.63 per share for the quarter, up from their previous estimate of $2.62. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Zacks Research also issued estimates for Nucor’s Q2 2026 earnings at $3.20 EPS, Q4 2026 earnings at $1.56 EPS and FY2026 earnings at $10.97 EPS.

Nucor (NYSE:NUE) last released its quarterly earnings data on Monday, January 27th. The basic materials company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.28. Nucor had a return on equity of 9.85% and a net margin of 6.60%. During the same period last year, the company posted $3.16 EPS.

Several other equities analysts also recently issued reports on the stock. StockNews.com raised shares of Nucor from a “sell” rating to a “hold” rating in a report on Wednesday, February 12th. Citigroup decreased their target price on shares of Nucor from $240.00 to $160.00 and set a “buy” rating for the company in a research report on Thursday, December 19th. Morgan Stanley lifted their price target on Nucor from $154.00 to $167.00 and gave the company an “overweight” rating in a report on Friday, March 7th. JPMorgan Chase & Co. increased their price objective on Nucor from $150.00 to $156.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, The Goldman Sachs Group initiated coverage on Nucor in a research note on Monday, December 2nd. They set a “buy” rating and a $190.00 target price on the stock. Four 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $164.33.

Nucor Trading Up 1.0 %

NYSE NUE opened at $131.21 on Thursday. The company has a market capitalization of $30.25 billion, a price-to-earnings ratio of 15.60, a price-to-earnings-growth ratio of 0.96 and a beta of 1.58. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.51 and a quick ratio of 1.48. Nucor has a 12 month low of $112.25 and a 12 month high of $203.00. The company’s fifty day moving average price is $129.12 and its two-hundred day moving average price is $138.76.

Nucor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Monday, March 31st will be issued a $0.55 dividend. The ex-dividend date is Monday, March 31st. This represents a $2.20 dividend on an annualized basis and a yield of 1.68%. Nucor’s dividend payout ratio is presently 26.16%.

Institutional Trading of Nucor

A number of large investors have recently made changes to their positions in the company. Smith Shellnut Wilson LLC ADV raised its stake in shares of Nucor by 19.0% in the 4th quarter. Smith Shellnut Wilson LLC ADV now owns 3,073 shares of the basic materials company’s stock valued at $359,000 after purchasing an additional 490 shares during the period. Siemens Fonds Invest GmbH boosted its position in Nucor by 305.6% during the 4th quarter. Siemens Fonds Invest GmbH now owns 12,386 shares of the basic materials company’s stock worth $1,446,000 after acquiring an additional 9,332 shares during the last quarter. Park Square Financial Group LLC bought a new position in shares of Nucor during the 4th quarter worth approximately $48,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Nucor in the fourth quarter valued at approximately $15,668,000. Finally, Heck Capital Advisors LLC bought a new stake in shares of Nucor in the fourth quarter worth $121,000. Institutional investors own 76.48% of the company’s stock.

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.