Seaport Res Ptn Has Negative Forecast for Nucor Q2 Earnings

Nucor Co. (NYSE:NUE) – Research analysts at Seaport Res Ptn decreased their Q2 2025 EPS estimates for Nucor in a research report issued on Tuesday, April 29th. Seaport Res Ptn analyst M. Englert now expects that the basic materials company will earn $2.46 per share for the quarter, down from their previous estimate of $2.57. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Seaport Res Ptn also issued estimates for Nucor’s Q3 2025 earnings at $2.99 EPS, Q4 2025 earnings at $2.25 EPS, FY2025 earnings at $8.48 EPS, Q1 2026 earnings at $3.35 EPS, Q2 2026 earnings at $3.75 EPS, Q3 2026 earnings at $3.03 EPS, Q4 2026 earnings at $2.41 EPS and FY2026 earnings at $12.54 EPS.

Other research analysts also recently issued research reports about the company. Jefferies Financial Group upped their price objective on Nucor from $125.00 to $135.00 and gave the stock a “hold” rating in a report on Wednesday, January 29th. Morgan Stanley set a $164.00 target price on shares of Nucor in a research note on Monday, March 24th. 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 report on Wednesday, April 16th. StockNews.com downgraded shares of Nucor from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, Argus set a $155.00 price objective on shares of Nucor in a research report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, two have given 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 stock presently has an average rating of “Moderate Buy” and an average price target of $160.33.

Nucor Trading Up 0.2 %

NUE opened at $119.59 on Thursday. Nucor has a 1-year low of $97.59 and a 1-year high of $176.59. The firm has a 50-day moving average price of $121.04 and a two-hundred day moving average price of $131.01. The stock has a market capitalization of $27.57 billion, a PE ratio of 14.22, a PEG ratio of 0.96 and a beta of 1.67. 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 (NYSE:NUE) last announced its earnings results on Monday, April 28th. The basic materials company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.15). Nucor had a return on equity of 9.85% and a net margin of 6.60%. The business had revenue of $7.83 billion for the quarter, compared to the consensus estimate of $7.25 billion. During the same quarter in the previous year, the company posted $3.46 EPS. Nucor’s revenue for the quarter was down 3.8% on a year-over-year basis.

Nucor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Monday, March 31st. Nucor’s dividend payout ratio is currently 39.15%.

Hedge Funds Weigh In On Nucor

Hedge funds and other institutional investors have recently made changes to their positions in the company. Marshall & Sterling Wealth Advisors Inc. bought a new position in Nucor during the fourth quarter worth about $25,000. Crews Bank & Trust bought a new stake in Nucor in the 4th quarter valued at $29,000. Putney Financial Group LLC acquired a new stake in Nucor during the 4th quarter valued at $29,000. New Wave Wealth Advisors LLC acquired a new position in shares of Nucor in the fourth quarter valued at $33,000. Finally, MV Capital Management Inc. lifted its stake in shares of Nucor by 73.5% during the 1st quarter. MV Capital Management Inc. now owns 281 shares of the basic materials company’s stock worth $34,000 after buying an additional 119 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.