What is KeyCorp’s Forecast for Nucor FY2026 Earnings?

Nucor Co. (NYSE:NUE) – Stock analysts at KeyCorp issued their FY2026 earnings per share (EPS) estimates for Nucor in a research report issued to clients and investors on Monday, February 10th. KeyCorp analyst P. Gibbs forecasts that the basic materials company will earn $8.55 per share for the year. The consensus estimate for Nucor’s current full-year earnings is $7.88 per share.

NUE has been the subject of several other research reports. Citigroup cut their price target on Nucor from $240.00 to $160.00 and set a “buy” rating for the company in a report on Thursday, December 19th. Morgan Stanley dropped their price objective on Nucor from $166.00 to $154.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. UBS Group restated a “neutral” rating and issued a $156.00 price target (down from $171.00) on shares of Nucor in a report on Thursday, December 12th. Jefferies Financial Group raised 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. Finally, StockNews.com raised shares of Nucor from a “sell” rating to a “hold” rating in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $163.13.

Nucor Price Performance

NYSE NUE opened at $135.61 on Thursday. The business’s fifty day moving average is $125.19 and its 200 day moving average is $140.66. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.48 and a current ratio of 2.51. Nucor has a fifty-two week low of $112.25 and a fifty-two week high of $203.00. The company has a market capitalization of $31.84 billion, a PE ratio of 16.13 and a beta of 1.60.

Nucor (NYSE:NUE) last issued its earnings results on Monday, January 27th. The basic materials company reported $1.22 earnings per share (EPS) for the quarter, topping 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 previous year, the firm earned $3.16 earnings per share.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp raised its position in shares of Nucor by 2.9% in the third quarter. State Street Corp now owns 11,427,899 shares of the basic materials company’s stock valued at $1,724,117,000 after buying an additional 326,181 shares during the last quarter. National Pension Service raised its holdings in Nucor by 3.2% in the 3rd quarter. National Pension Service now owns 652,502 shares of the basic materials company’s stock valued at $98,097,000 after acquiring an additional 20,258 shares during the last quarter. Everence Capital Management Inc. acquired a new position in Nucor in the 4th quarter valued at $565,000. BIP Wealth LLC purchased a new position in shares of Nucor during the 3rd quarter worth $681,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Nucor by 1.3% during the third quarter. Geode Capital Management LLC now owns 5,861,945 shares of the basic materials company’s stock worth $883,732,000 after purchasing an additional 74,569 shares during the last quarter. 76.48% of the stock is currently owned by institutional investors and hedge funds.

Nucor Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.62%. This is a positive change from Nucor’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend was Tuesday, December 31st. Nucor’s payout ratio is 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.