What is Zacks Research’s Forecast for Nucor Q1 Earnings?

Nucor Co. (NYSE:NUE) – Investment analysts at Zacks Research upped their Q1 2026 earnings per share estimates for shares of Nucor in a report released on Monday, March 10th. Zacks Research analyst R. Department now forecasts 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 issued its quarterly earnings results on Monday, January 27th. The basic materials company reported $1.22 earnings per share (EPS) 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 quarter last year, the business earned $3.16 EPS.

Other equities research analysts have also issued reports about the company. Argus set a $155.00 price objective on Nucor in a research note on Wednesday, March 5th. UBS Group reaffirmed a “neutral” rating and set a $156.00 price objective (down previously from $171.00) on shares of Nucor in a report on Thursday, December 12th. 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. JPMorgan Chase & Co. increased their price target on Nucor from $150.00 to $156.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, The Goldman Sachs Group initiated coverage on Nucor in a research note on Monday, December 2nd. They issued a “buy” rating and a $190.00 price target on the stock. Four analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Nucor has an average rating of “Moderate Buy” and a consensus price target of $164.33.

Nucor Trading Down 1.0 %

Shares of NUE opened at $129.51 on Thursday. Nucor has a 12-month low of $112.25 and a 12-month high of $203.00. The firm has a market capitalization of $29.86 billion, a price-to-earnings ratio of 15.40, a P/E/G ratio of 0.96 and a beta of 1.58. The stock’s 50-day moving average price is $129.42 and its 200 day moving average price is $138.69. The company has a quick ratio of 1.48, a current ratio of 2.51 and a debt-to-equity ratio of 0.27.

Hedge Funds Weigh In On Nucor

Several hedge funds have recently modified their holdings of the stock. Widmann Financial Services Inc. grew its holdings in shares of Nucor by 4.0% in the 3rd quarter. Widmann Financial Services Inc. now owns 1,800 shares of the basic materials company’s stock valued at $271,000 after acquiring an additional 70 shares in the last quarter. Canal Capital Management LLC lifted its position in Nucor by 2.5% during the fourth quarter. Canal Capital Management LLC now owns 3,075 shares of the basic materials company’s stock worth $359,000 after acquiring an additional 75 shares during the last quarter. Horrell Capital Management Inc. lifted its position 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 acquiring an additional 76 shares during the last quarter. Citizens Financial Group Inc. RI raised its position in shares of Nucor by 1.7% in the third quarter. Citizens Financial Group Inc. RI now owns 4,629 shares of the basic materials company’s stock valued at $696,000 after buying an additional 79 shares in the last quarter. Finally, TCI Wealth Advisors Inc. raised its position in shares of Nucor by 4.4% in the fourth quarter. TCI Wealth Advisors Inc. now owns 2,157 shares of the basic materials company’s stock valued at $252,000 after buying an additional 91 shares in the last quarter. Institutional investors own 76.48% of the company’s stock.

Nucor Dividend Announcement

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

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.