Seaport Res Ptn Issues Negative Estimate for Nucor Earnings

Nucor Co. (NYSE:NUE) – Analysts at Seaport Res Ptn cut their Q2 2025 earnings per share estimates for Nucor in a note issued to investors on Monday, April 28th. Seaport Res Ptn analyst M. Englert now anticipates that the basic materials company will post earnings of $2.57 per share for the quarter, down from their previous estimate of $2.60. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Seaport Res Ptn also issued estimates for Nucor’s Q4 2025 earnings at $2.20 EPS, Q3 2026 earnings at $2.84 EPS, Q4 2026 earnings at $2.32 EPS and FY2026 earnings at $11.77 EPS.

Nucor (NYSE:NUE) last released its earnings results on Monday, April 28th. The basic materials company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.15). The company had revenue of $7.83 billion for the quarter, compared to analyst estimates of $7.25 billion. Nucor had a return on equity of 9.85% and a net margin of 6.60%. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period last year, the company posted $3.46 earnings per share.

Several other analysts also recently weighed in on NUE. The Goldman Sachs Group dropped their price objective on Nucor from $175.00 to $169.00 and set a “buy” rating for the company in a research report on Monday, April 7th. Morgan Stanley set a $164.00 target price on shares of Nucor in a report on Monday, March 24th. JPMorgan Chase & Co. decreased their price target 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. Argus set a $155.00 target price on shares of Nucor in a research report on Wednesday, March 5th. Finally, Jefferies Financial Group upped their price target on shares of Nucor from $125.00 to $135.00 and gave the stock a “hold” rating in a report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $160.33.

Nucor Stock Up 0.2 %

NYSE NUE opened at $119.59 on Wednesday. The business has a fifty 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. Nucor has a fifty-two week low of $97.59 and a fifty-two week high of $176.59. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Monday, March 31st will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a 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

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Canal Capital Management LLC lifted its position in shares of Nucor by 2.5% in the 4th quarter. Canal Capital Management LLC now owns 3,075 shares of the basic materials company’s stock worth $359,000 after purchasing an additional 75 shares during the period. Horrell Capital Management Inc. raised its stake in Nucor by 0.3% during the fourth quarter. Horrell Capital Management Inc. now owns 26,657 shares of the basic materials company’s stock worth $3,111,000 after buying an additional 76 shares during the last quarter. Highline Wealth Partners LLC lifted its holdings in Nucor by 2.6% in the first quarter. Highline Wealth Partners LLC now owns 3,512 shares of the basic materials company’s stock valued at $423,000 after buying an additional 90 shares during the period. TCI Wealth Advisors Inc. boosted its position in Nucor by 4.4% during the fourth quarter. TCI Wealth Advisors Inc. now owns 2,157 shares of the basic materials company’s stock valued at $252,000 after acquiring an additional 91 shares during the last quarter. Finally, Jessup Wealth Management Inc grew its holdings in Nucor by 0.9% during the 4th quarter. Jessup Wealth Management Inc now owns 10,528 shares of the basic materials company’s stock worth $1,229,000 after acquiring an additional 93 shares during the period. 76.48% of the stock is owned by institutional investors and hedge funds.

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.