Brokers Offer Predictions for Nucor’s Q1 Earnings (NYSE:NUE)

Nucor Co. (NYSE:NUE) – Investment analysts at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for shares of Nucor in a research note issued on Monday, March 10th. Seaport Res Ptn analyst M. Englert anticipates that the basic materials company will post earnings of $0.98 per share for the quarter. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share. Seaport Res Ptn also issued estimates for Nucor’s Q2 2025 earnings at $2.60 EPS, Q3 2025 earnings at $3.02 EPS, Q4 2025 earnings at $2.08 EPS and FY2025 earnings at $8.68 EPS.

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

Several other equities analysts have also issued reports on NUE. Argus set a $155.00 price objective on Nucor in a research report on Wednesday, March 5th. StockNews.com raised shares of Nucor from a “sell” rating to a “hold” rating in a research note on Wednesday, February 12th. Jefferies Financial Group lifted their price target on Nucor from $125.00 to $135.00 and gave the company a “hold” rating in a research note on Wednesday, January 29th. Morgan Stanley increased their price objective on Nucor from $154.00 to $167.00 and gave the stock an “overweight” rating in a report on Friday, March 7th. Finally, UBS Group restated a “neutral” rating and issued a $156.00 target price (down previously from $171.00) on shares of Nucor in a research note on Thursday, December 12th. Four analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Nucor currently has an average rating of “Moderate Buy” and a consensus price target of $164.33.

Nucor Stock Performance

NUE stock opened at $132.26 on Thursday. Nucor has a 1-year low of $112.25 and a 1-year high of $203.00. The business’s 50-day moving average price is $129.75 and its two-hundred day moving average price is $138.57. The firm has a market cap of $30.49 billion, a PE ratio of 15.73, a P/E/G ratio of 0.96 and a beta of 1.58. The company has a current ratio of 2.51, a quick ratio of 1.48 and a debt-to-equity ratio of 0.27.

Hedge Funds Weigh In On Nucor

Institutional investors have recently bought and sold shares of the business. Norges Bank bought a new stake in Nucor in the 4th quarter valued at $398,077,000. Mizuho Securities USA LLC boosted its holdings in shares of Nucor by 8,530.1% during the third quarter. Mizuho Securities USA LLC now owns 1,595,179 shares of the basic materials company’s stock worth $239,819,000 after acquiring an additional 1,576,695 shares during the period. Pacer Advisors Inc. grew its position in shares of Nucor by 19.8% in the third quarter. Pacer Advisors Inc. now owns 3,456,484 shares of the basic materials company’s stock valued at $519,648,000 after purchasing an additional 571,682 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Nucor by 24.6% during the fourth quarter. First Trust Advisors LP now owns 2,404,477 shares of the basic materials company’s stock worth $280,627,000 after purchasing an additional 474,274 shares during the period. Finally, Voya Investment Management LLC lifted its holdings in Nucor by 528.6% during the 4th quarter. Voya Investment Management LLC now owns 507,715 shares of the basic materials company’s stock worth $59,235,000 after purchasing an additional 426,949 shares during the last quarter. Institutional investors and hedge funds own 76.48% of the company’s stock.

Nucor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Monday, March 31st will be paid a $0.55 dividend. The ex-dividend date is Monday, March 31st. This represents a $2.20 annualized dividend and a yield of 1.66%. Nucor’s dividend payout ratio (DPR) is currently 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.