Seaport Res Ptn Forecasts Nucor’s FY2026 Earnings (NYSE:NUE)

Nucor Co. (NYSE:NUE) – Equities researchers at Seaport Res Ptn issued their FY2026 EPS estimates for Nucor in a research report issued on Monday, March 10th. Seaport Res Ptn analyst M. Englert expects that the basic materials company will post earnings of $11.26 per share for the year. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share.

Several other brokerages also recently commented on NUE. Jefferies Financial Group upped their target price on shares of Nucor from $125.00 to $135.00 and gave the company a “hold” rating in a research note on Wednesday, January 29th. UBS Group reaffirmed a “neutral” rating and issued a $156.00 target price (down previously from $171.00) on shares of Nucor in a research note on Thursday, December 12th. JPMorgan Chase & Co. upped their target price on shares of Nucor from $150.00 to $156.00 and gave the company an “overweight” rating in a research note on Tuesday. Argus set a $155.00 target price on shares of Nucor in a research note on Wednesday, March 5th. Finally, Citigroup lowered their target price on shares of Nucor from $240.00 to $160.00 and set a “buy” rating for the company in a research note on Thursday, December 19th. Four research 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’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $164.33.

Nucor Trading Down 1.0 %

NUE opened at $129.51 on Wednesday. Nucor has a fifty-two week low of $112.25 and a fifty-two week high of $203.00. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.51 and a quick ratio of 1.48. The company has a market cap of $29.86 billion, a price-to-earnings ratio of 15.40, a price-to-earnings-growth ratio of 0.96 and a beta of 1.58. The firm has a 50 day simple moving average of $129.42 and a 200 day simple moving average of $138.69.

Nucor (NYSE:NUE) last posted its quarterly earnings results on Monday, January 27th. The basic materials company reported $1.22 earnings per share 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 quarter in the prior year, the business earned $3.16 earnings per share.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Ashton Thomas Securities LLC acquired a new position in shares of Nucor in the third quarter valued at approximately $26,000. Coastline Trust Co acquired a new position in Nucor during the third quarter worth $29,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in Nucor during the fourth quarter worth $25,000. Crews Bank & Trust acquired a new position in Nucor during the fourth quarter worth $29,000. Finally, Putney Financial Group LLC acquired a new position in Nucor during the fourth quarter worth $29,000. Institutional investors and hedge funds own 76.48% of the company’s stock.

Nucor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, March 31st will be issued a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Monday, March 31st. Nucor’s dividend payout ratio (DPR) is presently 26.16%.

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.