Seaport Res Ptn Weighs in on Nucor FY2026 Earnings

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

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, beating the consensus estimate 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 period in the prior year, the company earned $3.16 earnings per share.

Other research analysts have also recently issued reports about the stock. Citigroup reduced their price objective on shares of Nucor from $240.00 to $160.00 and set a “buy” rating for the company in a report on Thursday, December 19th. Jefferies Financial Group boosted 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. UBS Group restated a “neutral” rating and set a $156.00 price target (down from $171.00) on shares of Nucor in a report on Thursday, December 12th. Morgan Stanley boosted their price target on shares of Nucor from $154.00 to $167.00 and gave the stock an “overweight” rating in a report on Friday, March 7th. Finally, The Goldman Sachs Group started coverage on shares of Nucor in a report on Monday, December 2nd. They set a “buy” rating and a $190.00 price target on the stock. Four analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $164.33.

Nucor Trading Up 2.7 %

NUE opened at $130.07 on Wednesday. Nucor has a 1-year low of $112.25 and a 1-year high of $203.00. The company has a current ratio of 2.51, a quick ratio of 1.48 and a debt-to-equity ratio of 0.27. The company has a market cap of $29.99 billion, a P/E ratio of 15.47, a price-to-earnings-growth ratio of 0.96 and a beta of 1.58. The company has a fifty day moving average price of $128.83 and a two-hundred day moving average price of $138.81.

Nucor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, March 31st will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Monday, March 31st. Nucor’s dividend payout ratio (DPR) is currently 26.16%.

Institutional Trading of Nucor

Several hedge funds and other institutional investors have recently modified their holdings of NUE. Ashton Thomas Securities LLC bought a new stake in Nucor during the 3rd quarter worth approximately $26,000. Coastline Trust Co bought a new stake in Nucor during the 3rd quarter worth approximately $29,000. Marshall & Sterling Wealth Advisors Inc. bought a new stake in Nucor during the 4th quarter worth approximately $25,000. Crews Bank & Trust bought a new stake in Nucor during the 4th quarter worth approximately $29,000. Finally, Putney Financial Group LLC bought a new stake in Nucor during the 4th quarter worth approximately $29,000. 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.