Nucor Co. (NYSE:NUE – Free Report) – 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 – Get Free Report) 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.
Check Out Our Latest Analysis on Nucor
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.
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