California State Teachers Retirement System grew its stake in shares of Nucor Corporation (NYSE:NUE – Free Report) by 23,029.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,424,649 shares of the basic materials company’s stock after acquiring an additional 61,159,082 shares during the period. California State Teachers Retirement System owned about 27.07% of Nucor worth $13,682,341,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Transamerica Financial Advisors LLC bought a new position in shares of Nucor during the second quarter worth about $25,000. Manning & Napier Advisors LLC bought a new stake in Nucor in the second quarter valued at about $27,000. Bell Investment Advisors Inc bought a new stake in Nucor in the second quarter valued at about $28,000. Markowski Investments acquired a new stake in Nucor during the second quarter valued at approximately $29,000. Finally, Strive Financial Group LLC acquired a new stake in Nucor during the fourth quarter valued at approximately $27,000. Institutional investors own 76.48% of the company’s stock.
Nucor Stock Performance Shares of NUE stock opened at $256.49 on Wednesday. The company has a quick ratio of 1.36, a current ratio of 2.51 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average of $249.48 and a two-hundred day moving average of $222.65. Nucor Corporation has a 52 week low of $131.32 and a 52 week high of $280.11. The company has a market cap of $58.19 billion, a P/E ratio of 20.45, a PEG ratio of 0.97 and a beta of 1.87.
Nucor (NYSE:NUE – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, topping analysts’ consensus estimates of $4.46 by $0.38. The business had revenue of $10.40 billion for the quarter, compared to analysts’ expectations of $10.15 billion. Nucor had a return on equity of 12.73% and a net margin of 7.99%.The business’s quarterly revenue was up 23.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.60 EPS. As a group, analysts anticipate that Nucor Corporation will post 17.95 EPS for the current year. Insiders Place Their Bets In related news, COO Stephen Laxton sold 3,968 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $256.96, for a total transaction of $1,019,617.28. Following the completion of the transaction, the chief operating officer directly owned 77,867 shares in the company, valued at $20,008,704.32. This represents a 4.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas Batterbee sold 4,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $261.02, for a total value of $1,044,080.00. Following the completion of the sale, the executive vice president directly owned 16,138 shares in the company, valued at $4,212,340.76. This represents a 19.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.62% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In NUE has been the subject of a number of research analyst reports. CICC Research assumed coverage on Nucor in a report on Monday, May 25th. They issued an “outperform” rating for the company. Wells Fargo & Company reduced their price objective on Nucor from $297.00 to $285.00 and set an “overweight” rating on the stock in a research note on Monday, August 24th. BMO Capital Markets lifted their price objective on shares of Nucor from $285.00 to $295.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Seaport Research Partners boosted their target price on shares of Nucor from $245.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Finally, Morgan Stanley set a $270.00 target price on shares of Nucor in a report on Wednesday, July 29th. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $272.38.
Check Out Our Latest Research Report on Nucor
Nucor Profile (Free Report)
Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.
Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.
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Nucor (NUE - Free Report) closed the most recent trading day at $256.40, moving -1.79% from the previous trading session. This move lagged the S&P 500's daily loss of 0.58%. Elsewhere, the Dow lost 1.18%, while the tech-heavy Nasdaq lost 0.32%.
Heading into today, shares of the steel company had lost 4.93% over the past month, lagging the Basic Materials sector's gain of 2.77% and the S&P 500's loss of 0.36%.
Analysts and investors alike will be keeping a close eye on the performance of Nucor in its upcoming earnings disclosure. The company's upcoming EPS is projected at $5.46, signifying a 107.60% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $10.43 billion, up 22.4% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $17.95 per share and revenue of $39.98 billion, indicating changes of +132.81% and +23.05%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Nucor. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.41% lower. Right now, Nucor possesses a Zacks Rank of #3 (Hold).
Investors should also note Nucor's current valuation metrics, including its Forward P/E ratio of 14.54. This represents a premium compared to its industry average Forward P/E of 14.34.
We can additionally observe that NUE currently boasts a PEG ratio of 0.97. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Steel - Producers industry had an average PEG ratio of 0.46 as trading concluded yesterday.
The Steel - Producers industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 79, this industry ranks in the top 33% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
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What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
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Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
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To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Nucor (NUE - Free Report) Headquartered in Charlotte, NC, Nucor Corporation is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States. It also produces direct reduced iron (“DRI”) that is used in its steel mills. The company has 123 operating facilities, primarily in the United States and Canada. Also, most of its operating facilities and customers are located in North America.
NUE is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 14.54; value investors should take notice.
Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.63 to $17.95 per share. NUE also boasts an average earnings surprise of +9.8%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, NUE should be on investors' short list.
Chasing the highest yield is usually how income investors get burned, but these three NYSE industrials take a different approach that makes their dividend safety almost unfair to competitors.
Income investors often chase yield and get punished for it. The safer path is finding companies whose earnings and free cash flow tower over what they actually pay out, leaving room for raises even when the cycle turns. That is exactly the setup across these three NYSE-listed industrials. Parker Hannifin just delivered fiscal 2026 free cash flow of $3.9 billion against dividends paid of nearly $1 billion, a coverage ratio most high-yielders can only dream about. Here is why these three earn far more than they distribute, and what that means for the checks landing in your account.
Nucor (NUE): Steel’s Cash Machine Keeps Compounding Nucor (NYSE:NUE | NUE Price Prediction) pays a quarterly dividend of $0.56 per share, good for a yield of roughly 0.88% at a recent price of $251.65. The yield is modest, but the coverage is enormous. Nucor earned $4.84 in adjusted EPS in a single quarter against that $0.56 payout, and TTM EPS of $12.42 against an annualized forward dividend of $2.24.
Free cash flow was $829 million in Q2, described by management as its strongest quarter since 2023. Nucor ended the period with approximately $2.7 billion in cash, $3.4 billion in liquidity, and total debt at just 23% of capital, with what management calls the strongest credit ratings of any North American steel producer. The dividend history shows quarterly payments running from 1999 through 2026, with the quarterly amount stepping from $0.50 in 2022 to $0.56 today. That is a long, unbroken record of quarterly dividends and multiple recent increases.
The bull case: shipments hit a record 7.1 million tons, Section 232 tariffs have cut finished-steel imports 25% year-over-year, and CapEx moderation should push free cash flow higher into 2027. Management has committed to returning at least 40% of net earnings to shareholders annually. The risk is unmistakable: steel is cyclical, and pricing can turn quickly if world capacity floods back.
Dover (DOV): Diversified Industrial With a Long Payout Ladder Dover (NYSE:DOV) yields 1.03% at a recent price of $198.68, with a quarterly dividend of $0.52. Adjusted EPS came in at $2.74 in Q2 alone, meaning the quarterly payout consumes less than a fifth of quarterly earnings. TTM EPS of $8.15 against an annualized forward dividend of $2.08 leaves an enormous cushion.
Year-to-date free cash flow of $320 million is up 23% year-over-year, and management guides to full-year FCF at 14% to 16% of revenue. CFO commentary called the balance sheet “a competitive advantage.” The dividend record shows an unbroken ladder of quarterly increases from $0.44 in 2016 up through the current $0.52, with the most recent step coming in the payment dated August 2025.
All five segments posted positive organic growth in Q2 making for a solid bull case, bookings rose 16% year-over-year with a book-to-bill of 1.06, and secular-growth markets like data-center liquid cooling, biopharma, and CO2 refrigeration now represent roughly 25% of the portfolio. However, a facility-consolidation execution issue in refrigeration trimmed organic growth by roughly a point in Q2, a reminder that operational hiccups can bite even a well-run conglomerate.
Parker Hannifin (PH): 70 Straight Fiscal Years of Rising Dividends Parker Hannifin (NYSE:PH) yields 0.73% at a recent price of $995.02, with a quarterly dividend just raised to $2.00. The Q4 filing verified the milestone: 70 consecutive fiscal years of increasing annual dividends, the kind of streak we screen for in our free Dividend Kings report. Coverage is not close: TTM EPS of $28.06, with full-year adjusted EPS of $32.31, against an annualized dividend now running at $7.40.
Cash generation is what makes this attractive. Fiscal 2026 operating cash flow was a record $4.4 billion, free cash flow hit a record $3.9 billion (up 17%), and free-cash-flow conversion reached 107%. Parker returned nearly $2 billion to shareholders across dividends and buybacks and still cut debt by $1 billion in the quarter, taking net leverage to 1.4 times adjusted EBITDA.
The bull case is anchored by aerospace, where segment sales hit a record $1.9 billion at 29.8% margin and backlog reached a record $8.5 billion. Management raised its fiscal 2031 adjusted segment operating margin target to 30%, from 27%. The implied risk comes with integration: pending acquisitions of Filtration Group and CIRCOR’s commercial aerospace business could push net leverage back toward three times before working back down over roughly six quarters.
Bottom Line for Income Investors These three offer modest headline yields paired with the kind of coverage that lets a dividend keep rising through recessions, tariff fights, and CapEx cycles. Nucor’s cash flow inflection, Dover’s broad organic growth, and Parker Hannifin’s 70-year raise streak all point to the same conclusion: earnings and free cash flow well in excess of the payout are the real definition of dividend safety. For retirees prioritizing durability over headline yield, this trio is built for the long haul.
Contact [email protected] for any questions or corrections.
It has been about a month since the last earnings report for Nucor (NUE - Free Report) . Shares have lost about 6.8% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Nucor due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.
Nucor's Q2 Earnings and Revenues Surpass Estimates on Higher PricesNucor reported adjusted earnings of $4.84 per share for the second quarter of 2026. The figure beat the Zacks Consensus Estimate of $4.57. On a reported basis, earnings were $5.04 per share, up from $2.60 in the year-ago quarter.
The company recorded net sales of roughly $10.4 billion, up 23% year over year. The figure beat the Zacks Consensus Estimate of roughly $10.06 billion.
Operating FiguresTotal sales tons to outside customers for steel mills in the second quarter were 5,659,000 tons, up 12% year over year and 1% sequentially. The figure surpassed our estimate of 5,621,000 tons.
Total sales tons to external customers increased 12% year over year to 7,605,000 tons. The external average sales price per ton rose 10% to $1,367. Overall operating rates at the company’s steel mills were 91%, up from 85% in the second quarter of 2025 and 86% in the first quarter of 2026.
Segment HighlightsIn the reported quarter, the Steel Mills segment posted earnings of $1.56 billion, up 84.6% from $843 million in the year-ago quarter. The improvement reflected higher average selling prices and volumes, along with a $130 million reduction in cost of products sold related to refunds for prior-period raw material procurement costs.
The Steel Products segment earned $353 million, down 9.9% from $392 million a year earlier. However, earnings improved sequentially on increased volumes and stable average realized pricing.
The Raw Materials segment delivered earnings of $146 million, up 156.1% from $57 million in the prior-year quarter, primarily due to higher average selling prices and shipments.
Financial PositionCash and cash equivalents were roughly $2.48 billion at the end of the quarter, up from $1.95 billion a year earlier. Including short-term investments, Nucor had around $2.69 billion in liquidity on hand. Long-term debt and finance lease obligations due after one year were roughly $6.39 billion at quarter-end, down from $6.91 billion at the end of 2025.
During the second quarter, Nucor repurchased approximately 1.53 million shares at an average price of $228.76 per share.
OutlookThe company expects higher consolidated reported earnings in the third quarter of 2026. Steel Mills segment earnings are projected to increase on higher realized pricing across all major product categories, with volumes expected to remain stable. Steel Products segment earnings are anticipated to improve on higher volumes and realized pricing. However, Raw Materials segment earnings are expected to decline due to lower margins.
How Have Estimates Been Moving Since Then?It turns out, fresh estimates have trended upward during the past month.
The consensus estimate has shifted 7.79% due to these changes.
VGM ScoresAt this time, Nucor has a great Growth Score of A, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a grade of B on the value side, putting it in the top 40% for value investors.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, Nucor has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Index Dow Jones +0,3 % na 53435,09 b. S&P 500 -0,29 % na 7651,94 b. Nasdaq Composite -0,8 % na 25970,06 b.
Nejsledovanější americký index S&P 500 v úvodu týdne ztrácí. Investoři podle agentury Bloomberg čekají na podrobnosti o amerických sankcích proti Íránu a zároveň se připravují na středeční hospodářské výsledky společnosti NVIDIA a páteční projev předsedy Federálního rezervního systému Kevina Warshe.
Ačkoliv nadcházející výsledky společnosti NVIDIA (-2,5 %) podle Bloombergu pravděpodobně poslouží jako připomínka jejího dominantního náskoku, někteří velcí zákazníci byli informováni, že ceny serverů obsahujících její čipy pro umělou inteligenci v mnoha případech stoupnou o více než 15 %. Tato zpráva tak vyvolala propad u akcií výrobců paměťových čipů.
Akcie společnosti Steel Dynamics posilují o 4,1 % poté, co o víkendu zkrachovala obchodní jednání mezi USA a Kanadou. Daří se také výrobci oceli Nucor (+3,9 %). Obě firmy v minulém týdnu prudce oslabily v reakci na zprávy, že by obchodní dohoda mohla snížit cla na dovoz kanadské oceli a hliníku. Americký prezident Donald Trump dnes navíc slíbil, že od příštího roku zdvojnásobí cla na kanadská vozidla a autodíly, čímž dále vyhrotil prohlubující se obchodní spor mezi oběma ekonomikami.
Index S&P 500 -0,29 % na 7651,94 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Finanční sektor +1,3 % Informační technologie -1,6 % Nezbytná spotřeba +1,3 % Energie -0,5 % Základní materiály +0,9 % Průmysl -0,3 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Steel Dynamics (STLD) +4,1 % Sandisk Corp (SNDK) -10 % Carvana (CVNA) +4,0 % Lumentum Holdings (LITE) -7,9 % Nucor Corp (NUE) +3,9 % Coherent Corp (COHR) -7,8 % Walt Disney (DIS) +3,0 % Seagate Technology Holdings (STX) -7,7 % Ulta Beauty (ULTA) +3,0 % Western Digital Corp (WDC) -7,6 % Zdroj: Bloomberg
Bank of New York Mellon Corp acquired a new position in Nucor Corporation (NYSE:NUE – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,485,531 shares of the basic materials company’s stock, valued at approximately $330,902,000. Bank of New York Mellon Corp owned about 0.65% of Nucor at the end of the most recent quarter.
Several other large investors have also modified their holdings of the company. Strive Financial Group LLC bought a new stake in Nucor in the 4th quarter valued at $27,000. Stance Capital LLC acquired a new stake in Nucor during the third quarter worth about $25,000. Bartlett & CO. Wealth Management LLC increased its stake in Nucor by 49.2% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 191 shares of the basic materials company’s stock valued at $32,000 after acquiring an additional 63 shares during the period. Mcguire Capital Advisors Inc. bought a new position in Nucor during the fourth quarter valued at about $32,000. Finally, Motiv8 Investments LLC acquired a new position in Nucor in the 4th quarter valued at approximately $32,000. 76.48% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth Several analysts have recently weighed in on the company. Wall Street Zen raised Nucor from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. BNP Paribas Exane upped their price objective on Nucor from $210.00 to $248.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Morgan Stanley set a $270.00 price objective on Nucor in a research note on Wednesday, July 29th. Jefferies Financial Group upped their price objective on Nucor from $225.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Finally, JPMorgan Chase & Co. upped their price target on shares of Nucor from $240.00 to $282.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. Twelve equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Nucor currently has a consensus rating of “Moderate Buy” and a consensus price target of $273.31.
Check Out Our Latest Report on Nucor Nucor Trading Up 1.4% Shares of NYSE NUE opened at $243.89 on Friday. The stock has a market cap of $55.33 billion, a P/E ratio of 19.45, a price-to-earnings-growth ratio of 0.89 and a beta of 1.89. The firm has a 50 day moving average price of $246.88 and a two-hundred day moving average price of $216.80. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.36 and a current ratio of 2.51. Nucor Corporation has a 52-week low of $131.32 and a 52-week high of $280.11.
Nucor (NYSE:NUE – Get Free Report) last issued its earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, topping analysts’ consensus estimates of $4.46 by $0.38. Nucor had a return on equity of 12.73% and a net margin of 7.99%.The business had revenue of $10.40 billion during the quarter, compared to the consensus estimate of $10.15 billion. During the same period in the previous year, the company posted $2.60 earnings per share. The firm’s revenue for the quarter was up 23.0% on a year-over-year basis. As a group, equities analysts forecast that Nucor Corporation will post 17.95 EPS for the current year.
Nucor Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Tuesday, June 30th were paid a dividend of $0.56 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.24 annualized dividend and a yield of 0.9%. Nucor’s payout ratio is currently 17.86%.
Insider Activity In related news, EVP John J. Hollatz sold 10,560 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $258.46, for a total value of $2,729,337.60. Following the completion of the transaction, the executive vice president directly owned 97,865 shares of the company’s stock, valued at $25,294,187.90. This represents a 9.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Stephen D. Laxton sold 3,968 shares of Nucor stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $256.96, for a total value of $1,019,617.28. Following the transaction, the chief operating officer owned 77,867 shares of the company’s stock, valued at $20,008,704.32. The trade was a 4.85% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 18,528 shares of company stock worth $4,793,035. 0.62% of the stock is currently owned by insiders.
Nucor Company Profile (Free Report)
Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.
Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.
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Advisors Capital Management LLC acquired a new position in Nucor Corporation (NYSE:NUE – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 19,845 shares of the basic materials company’s stock, valued at approximately $4,421,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Vise Technologies Inc. purchased a new position in shares of Nucor during the second quarter valued at about $2,453,000. Bell & Brown Wealth Advisors LLC bought a new stake in Nucor during the 2nd quarter valued at approximately $260,000. CM Wealth Advisors LLC purchased a new position in shares of Nucor during the 2nd quarter worth approximately $310,000. Madison Asset Management LLC purchased a new position in shares of Nucor during the 2nd quarter worth approximately $374,000. Finally, Johnson Financial Group Inc. bought a new position in shares of Nucor in the 2nd quarter worth approximately $312,000. 76.48% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades Several research firms recently weighed in on NUE. Jefferies Financial Group lifted their price target on Nucor from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. CICC Research assumed coverage on Nucor in a research report on Monday, May 25th. They set an “outperform” rating for the company. KeyCorp upgraded shares of Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 target price on the stock in a report on Wednesday, June 24th. Argus upped their target price on shares of Nucor from $200.00 to $262.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Finally, Wall Street Zen upgraded shares of Nucor from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Twelve investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $273.31.
Check Out Our Latest Stock Analysis on NUE Nucor Price Performance NUE stock opened at $243.89 on Friday. Nucor Corporation has a one year low of $131.32 and a one year high of $280.11. The company’s fifty day moving average price is $246.88 and its 200-day moving average price is $216.80. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.36 and a current ratio of 2.51. The company has a market capitalization of $55.33 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 0.89 and a beta of 1.89.
Nucor (NYSE:NUE – Get Free Report) last posted its earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, beating the consensus estimate of $4.46 by $0.38. Nucor had a net margin of 7.99% and a return on equity of 12.73%. The company had revenue of $10.40 billion during the quarter, compared to analysts’ expectations of $10.15 billion. During the same period last year, the company posted $2.60 earnings per share. Nucor’s quarterly revenue was up 23.0% on a year-over-year basis. On average, equities analysts anticipate that Nucor Corporation will post 17.95 EPS for the current fiscal year.
Nucor Announces Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Tuesday, June 30th were given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, June 30th. Nucor’s payout ratio is currently 17.86%.
Insider Activity at Nucor In related news, COO Stephen D. Laxton sold 3,968 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $256.96, for a total transaction of $1,019,617.28. Following the completion of the transaction, the chief operating officer directly owned 77,867 shares of the company’s stock, valued at approximately $20,008,704.32. This represents a 4.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John J. Hollatz sold 10,560 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $258.46, for a total value of $2,729,337.60. Following the transaction, the executive vice president owned 97,865 shares of the company’s stock, valued at $25,294,187.90. This represents a 9.74% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 18,528 shares of company stock valued at $4,793,035. Insiders own 0.62% of the company’s stock.
Nucor Profile (Free Report)
Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.
Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.
Further Reading Five stocks we like better than Nucor Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Want to see what other hedge funds are holding NUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nucor Corporation (NYSE:NUE – Free Report).
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Index Dow Jones -0,76 % na 53054,15 b. S&P 500 -0,33 % na 7682,21 b. Nasdaq Composite -0,67 % na 26155,78 b.
Americké ministerstvo financí oznámilo záměr zvýšit likviditu a podpořit poptávku po dlouhodobých US dluhopisech se splatností 10–30 let. Cílem je snížit jejich výnosy. Nepřímá intervence bude mít podobu masivního zvýšení jejich zpětných odkupů po překonání psychologické hranice USD 40 bilionů státního deficitu. Objem bude navýšen ze max. 2 mld. na min. 4 mld dolarů pro jednotlivé operace.
Z indexu S&P 500 se nejlépe daří sektoru energií kvůli geopolitice. Trump oznámil ekonomickou válku a izolaci bezprecedentního rozsahu Iránu, kdy plánuje postihovat všechny jeho spojence a obchodní partnery. Futures na ropu opět rostou. WTI se obchoduje u USD 86,3 při růstu 2,3 %. Při růstu cen ropy si zisky připisují Exxon Mobile (1,6 %) i Chevron (0,8 %).
Naopak klesá sektor nezbytné spotřeby, kde Walmart (- 8,9 %) reportoval výsledky za Q2. Společnost překonala očekávání v tržbách i zisku, který dosáhl USD 0,81 na akcii. Negativní reakci vyvolalo zpomalení růstu návštěvnosti prodejen z 3 % na 1,5 %. Výhled zisku na následující kvartál nedosahuje při 62–64 centů na analytické odhady. Rovněž se začínají projevovat zvýšené náklady na pohonné hmoty.
Merck & Co (- 0,4 %) dnes obdržel zvýšení investičního doporučení od Morgan Stanley na stupeň Overweight s cílovou cenou USD 179. Hlavním důvodem je pozitivní změna pohledu u onkologické léčby vyvíjenou s Modernou, která dnes po včerejším raketovém růstu odevzdává část zisku a ztrácí 26 %.
Waymo představil vlastní čip pro robotaxi. Smyslem je snížení nákladů a důraz na vyšší efektivitu zpracování dat ze senzorů Waymo cílí na milion jízd týdně. Alphabet na zprávu reaguje vlažně a odepisuje 1 %.
Objevila se zpráva, že USA a Kanada jsou blízko nové obchodní dohody, která by mohla snížit americké clo na kanadskou ocel a hliník na 25 %. Steel Dynamics (- 4,5 %) a Nucor (- 2,9 %) reagují poklesem.
Index S&P 500 -0,33 % na 7682,21 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +0,9 % Zbytná spotřeba -1,3 % Reality +0,4 % Nezbytná spotřeba -1,3 % Základní materiály +0,3 % Zdravotní péče -0,8 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Deere (DE) +8,8 % Moderna (MRNA) -26 % Coinbase Global (COIN) +8,8 % Walmart (WMT) -8,8 % Nordson Corp (NDSN) +6,9 % GE Vernova (GEV) -4,5 % CF Industries Holdings (CF) +6,1 % Steel Dynamics (STLD) -4,4 % Lumentum Holdings (LITE) +5,0 % AutoZone (AZO) -4,3 %
Marek Kameništiak
Fio banka, a.s.
Prohlášení
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Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
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How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Nucor (NUE - Free Report) Headquartered in Charlotte, NC, Nucor Corporation is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States. It also produces direct reduced iron (“DRI”) that is used in its steel mills. The company has 123 operating facilities, primarily in the United States and Canada. Also, most of its operating facilities and customers are located in North America.
NUE is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 13.86; value investors should take notice.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $1.89 to $17.95 per share. NUE boasts an average earnings surprise of +9.8%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, NUE should be on investors' short list.
Berkshire Hathaway (BRKA +0.83%) (BRKB +0.95%) recently filed its latest Form 13F with the Securities and Exchange Commission, detailing what its equity holdings were at the end of the second quarter.
Investors are always curious about what Berkshire has been buying and selling because its former chief, Warren Buffett, is widely considered one of the greatest investors of all time.
Now that he has stepped down as CEO, however, the market is even more focused on his handpicked successor, Greg Abel, who has been CEO of Berkshire since the start of the year and has already begun making some big changes at the company.
In Q2, Abel sold over 50% of Berkshire's stake in Nucor (NUE -3.11%) and piled into another artificial intelligence (AI) stock -- one that billionaire investor Bill Ackman just exited.
Warren Buffett: Image source: The Motley Fool.
One of Buffett's core investing philosophies is that Berkshire should buy stocks it can hold forever. But it's a high threshold to meet that bar, and often, companies don't.
That appears to be the case for Nucor, the largest U.S. steelmaker. Berkshire purchased around 5.75 million shares of it at the beginning of 2025 and has since sold more than two-thirds of that initial investment over the past two quarters, including over half of its position in Q2.
The stock has performed well, including a nearly 62% gain so far in 2026 and a roughly 82% gain over the past 12 months. Nucor has been swept into the AI trade due to increasing demand for steel from the companies that are building data centers.
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In Q2, Nucor's earnings before income taxes and noncontrolling interests surged by about 48% from the prior quarter, driven by strong growth across its operations. The company's largest division, steel mills, saw strong demand and higher prices.
Given that, it's hard to say exactly why Abel and the investment team at Berkshire decided to cut the conglomerate's stake in Nucor. It's obviously not a core position, so Abel and his team are likely taking gains, or perhaps they think that its earnings growth is bound to slow down.
Alphabet: An interesting time to be moving into the stock Even before the deadline for filing 13F forms arrived, we already knew Berkshire had significantly increased its position in Alphabet (GOOG -0.05%)(GOOGL +0.06%) in Q2, given the $10 billion private placement announced at the start of June. But it looks like Berkshire also purchased an additional $7 billion of shares in the open market.
Alphabet is now the third-largest position in Berkshire's portfolio, sitting only behind Apple and American Express.
Earlier this year, Buffett said during a CNBC interview that he had been the one to initiate the conglomerate's initial Alphabet position in 2025. But it has been under Abel's watch that it grew into a top-three position in Berkshire's portfolio. (However, Buffett, who remains the executive chairman of Berkshire's board of directors, could still be behind the move.)
Either way, it's an interesting time to be buying Alphabet, given that the stock hit an all-time high in May of this year and is up nearly 150% over the past five years.
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Some large hedge fund managers have begun to take their gains on Alphabet, notably Bill Ackman, whose fund Pershing Square Capital Management exited its position in the tech giant over the past two quarters.
On May 16, after selling most of Pershing Square's Alphabet position in the first quarter of the year, Ackman tweeted on X:
To be clear, our sale of $GOOG was not a bet against the company. We are very bullish long term on Alphabet. But at current valuations and in light of our finite capital base, we used $GOOG as a source of funds for $MSFT.
An investment in Alphabet is a clear bet on AI at this point, and the company is planning to spend potentially north of $200 billion on AI capital expenditures this year alone. Still, the company does have many other strong tech businesses, including YouTube, Waymo, cloud, search and advertising, and a custom chip business.
It's possible that Buffett and Abel see Alphabet as a forever stock.
Buffett has long believed in buying wonderful companies at fair prices, so while Alphabet may not have as much upside over, say, the next year, which might make it unattractive to more near-term-minded hedge funds, the Berkshire team likely still believes they are getting in at a good price over the long term.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in NUE over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Nucor (NUE - Free Report) Headquartered in Charlotte, NC, Nucor Corporation is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States. It also produces direct reduced iron (“DRI”) that is used in its steel mills. The company has 123 operating facilities, primarily in the United States and Canada. Also, most of its operating facilities and customers are located in North America.
NUE is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Basic Materials stock. NUE has a Momentum Style Score of B, and shares are up 13.7% over the past four weeks.
For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.82 to $17.95 per share. NUE boasts an average earnings surprise of +9.8%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, NUE should be on investors' short list.
Baxter Bros Inc. bought a new position in shares of Nucor Corporation (NYSE:NUE – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,355 shares of the basic materials company’s stock, valued at approximately $747,000.
Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Nucor by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 28,407,540 shares of the basic materials company’s stock worth $4,633,554,000 after acquiring an additional 144,038 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Nucor by 1.1% during the 4th quarter. Morgan Stanley now owns 3,853,205 shares of the basic materials company’s stock valued at $628,497,000 after purchasing an additional 41,728 shares in the last quarter. Norges Bank bought a new position in shares of Nucor during the 4th quarter valued at about $609,002,000. Dimensional Fund Advisors LP grew its position in shares of Nucor by 0.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,539,044 shares of the basic materials company’s stock valued at $429,298,000 after purchasing an additional 22,718 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Nucor by 3.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,919,883 shares of the basic materials company’s stock valued at $313,152,000 after purchasing an additional 56,565 shares during the period. 76.48% of the stock is currently owned by institutional investors and hedge funds.
Nucor Trading Down 0.3% Shares of NYSE:NUE opened at $268.11 on Monday. The company’s 50-day moving average price is $247.15 and its two-hundred day moving average price is $214.33. Nucor Corporation has a one year low of $131.32 and a one year high of $280.11. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.51 and a quick ratio of 1.36. The stock has a market capitalization of $60.83 billion, a PE ratio of 21.38, a price-to-earnings-growth ratio of 0.60 and a beta of 1.89.
Nucor (NYSE:NUE – Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The basic materials company reported $4.84 earnings per share for the quarter, beating analysts’ consensus estimates of $4.46 by $0.38. The firm had revenue of $10.40 billion during the quarter, compared to the consensus estimate of $10.15 billion. Nucor had a return on equity of 12.73% and a net margin of 7.99%.The business’s revenue was up 23.0% compared to the same quarter last year. During the same period last year, the company earned $2.60 earnings per share. On average, equities analysts forecast that Nucor Corporation will post 17.95 EPS for the current fiscal year.
Nucor Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Tuesday, June 30th were given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Nucor’s dividend payout ratio (DPR) is 17.86%.
Insider Transactions at Nucor In related news, EVP John J. Hollatz sold 10,560 shares of Nucor stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $258.46, for a total transaction of $2,729,337.60. Following the completion of the transaction, the executive vice president owned 97,865 shares in the company, valued at approximately $25,294,187.90. This trade represents a 9.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Stephen D. Laxton sold 3,968 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $256.96, for a total value of $1,019,617.28. Following the transaction, the chief operating officer directly owned 77,867 shares in the company, valued at approximately $20,008,704.32. This trade represents a 4.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 18,528 shares of company stock worth $4,793,035 in the last ninety days. Insiders own 0.62% of the company’s stock.
Analysts Set New Price Targets Several analysts have commented on the stock. Barclays raised their target price on shares of Nucor from $272.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of Nucor in a research report on Tuesday, August 11th. The Goldman Sachs Group raised their price objective on shares of Nucor from $260.00 to $284.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. BMO Capital Markets boosted their price objective on shares of Nucor from $285.00 to $295.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, Wells Fargo & Company increased their target price on Nucor from $283.00 to $297.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Twelve research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nucor presently has a consensus rating of “Moderate Buy” and an average price target of $273.31.
View Our Latest Report on Nucor
Nucor Company Profile (Free Report)
Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.
Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.
Featured Articles Five stocks we like better than Nucor The Metals Company’s Big Bet Now Comes Down to a License OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings Meta and Tesla Are Rebounding From Oversold Levels—Now What? AMG’s Alternatives Boom Powers Record Growth Want to see what other hedge funds are holding NUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nucor Corporation (NYSE:NUE – Free Report).
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BIP Wealth LLC acquired a new stake in shares of Nucor Corporation (NYSE: NUE) in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,826 shares of the basic materials company's stock, valued at approximately $852,000. A number of other hedge funds
Key Takeaways Nucor will invest $59 million to add steel grating production at its Vulcraft Indiana facility. The expansion will create 20 jobs and broaden offerings for flooring, walkways, platforms and stair treads.The project supports Nucor's strategy to expand downstream operations and deepen customer relationships.
Nucor Corporation (NUE - Free Report) will invest $59 million to expand its Vulcraft Indiana manufacturing facility in St. Joe, IN, adding capabilities to produce steel grating products. The investment is expected to create 20 new full-time jobs, in addition to the more than 300 employees currently working at the facility.
The expansion will broaden Vulcraft Indiana’s product portfolio beyond steel joists, joist girders and steel decking by adding steel grating for industrial flooring, walkways, platforms and stair treads. This will allow Nucor to serve a wider range of construction and industrial applications. The facility has annual joist and deck production capacity of approximately 1.2 million tons, and the new capabilities should strengthen its position
The investment will also strengthen Nucor’s downstream, higher-value-added steel operations by leveraging Vulcraft’s existing manufacturing footprint and customer relationships. It supports the company’s broader “Grow the Core and Expand Beyond” strategy.
The project also represents Nucor’s fourth major investment in Indiana in recent years. The company previously announced a $290 million investment to modernize its Crawfordsville sheet mill, a $115 million utility infrastructure production facility and a $28.5 million insulated metal panel manufacturing facility in Waterloo. These investments underscore Nucor’s continued commitment to expanding its manufacturing footprint in Indiana. The company now employs more than 2,600 people across more than a dozen locations in the state.
The expansion provides incremental capacity in fabricated construction products while strengthening its ability to serve customers from an established U.S. manufacturing base. The project is also consistent with the company’s strategy of investing in downstream businesses that can capture additional value from its steel products and deepen customer relationships.
NUE’s Price PerformanceShares of Nucor have gained 87.2% over the past year compared with a 82.8% rise in its industry.
Image Source: Zacks Investment Research
NUE’s Zacks Rank & Key PicksNUE currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Worthington Steel, Inc. (WS - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and Avient Corporation (AVNT - Free Report) . WS currently sports a Zacks Rank #1 (Strong Buy), while CRS and AVNT carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for WS’ current-year earnings stands at $3.4 per share, implying a 52.5% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the negative average surprise being 13.8%.
The Zacks Consensus Estimate for CRS’ current fiscal-year earnings is pegged at $12.92 per share, implying a 20.1% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 8.4%.
The Zacks Consensus Estimate for AVNT’s current-year earnings is pegged at $3.17 per share, indicating a 12.4% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 3.4%.
, /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it will invest $59 million to expand its Vulcraft Indiana manufacturing facility in St. Joe, Indiana, adding capabilities to produce steel grating products. The investment is expected to create 20 new full-time jobs, adding to the more than 300 teammates currently employed at the facility.
"We are pleased to be growing our Vulcraft business in Indiana with this investment to better serve our customers and strengthen our downstream production capabilities, advancing our mission to Grow the Core and Expand Beyond," said John Hollatz, Executive Vice President of Fabricated Construction Products. "Vulcraft is where Nucor got its start in the steel industry, and it remains an important part of our growth today. We appreciate Governor Braun and state and local DeKalb County leaders for their support as we continue to expand our manufacturing footprint in Indiana."
Today's announcement marks Nucor's fourth major investment in Indiana in recent years. In 2022, the company announced a $290 million investment to modernize its sheet mill operations in Crawfordsville. The following year, Nucor announced plans to build a $115 million utility infrastructure production facility nearby. The company also invested $28.5 million to build an insulated metal panel production facility in Waterloo, adjacent to its existing Nucor Building Systems Indiana campus. That facility began operations in 2021.
Together, these investments have created approximately 300 new Nucor jobs in Indiana. Today, Nucor employs more than 2,600 teammates at more than a dozen locations across the state.
Nucor acquired Vulcraft in 1962, marking the company's entrance into the steel industry. From a single production facility in South Carolina, Nucor expanded the Vulcraft business and ultimately made the decision to begin producing its own steel. Vulcraft Indiana opened in 1972 as Nucor's fifth Vulcraft facility and today is one of nine Vulcraft facilities operating across North America.
Vulcraft is the nation's leading producer of open-web steel joists, joist girders and steel decking, which are used primarily in nonresidential construction. These products serve as structural support systems for roofs and floors in warehouses, data centers, manufacturing facilities, retail stores, shopping centers, schools and hospitals, as well as in some multi-story residential buildings. Vulcraft has an annual joist and deck production capacity of approximately 1.2 million tons.
About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
Forward-Looking Statements
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of any pandemic or public health situation. These and other factors are discussed in Nucor's regulatory filings with the United States Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2025. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.
The on-again trade war took another turn late last month. The temporary 10% global tariff, which had been in effect for the past few months, expired on July 24. For a moment, it looked like importers might catch a break.
They did not.
A new set of duties went into effect the very same day, this time built on Section 301 of the Trade Act of 1974, covering the top 60 U.S. trading partners at rates of 10% to 12.5%. Those countries account for roughly 99.4% of everything America imports. For investors who keep treating tariffs as a passing storm, the way this swap happened tells the real story of where tariffs are likely headed for the next few years.
Image source: Getty Images.
Why the legal switch matters more than the rate To understand why this is significant, you have to follow the legal thread. The original tariffs, imposed under emergency economic powers, were struck down by the Supreme Court earlier this year. A stopgap 10% duty under a different statute, Section 122, filled the gap, but that authority was capped, and its clock ran out on July 24. Rather than let the tariffs lapse, the administration rebuilt the entire program under Section 301, arguing that trading partners have failed to block goods made with forced labor. Nations that adopted or committed to import bans pay 10%, and the other 46 pay 12.5%.
The point is durability. Section 301 rests on a firmer legal footing than emergency powers, making these tariffs much harder to challenge in court. Markets had spent months half-expecting the duties to vanish on a judge's order. This move signals they are here to stay.
What the tariffs mean for investors The market reaction in the days since has been muted, largely because the new rates roughly match what was already in place. But structurally, a 10% to 12.5% charge on nearly all imports is now a standing cost of doing business, not a temporary shock. Import-reliant sellers of apparel, footwear, furniture, and electronics face ongoing pressure on margins unless they can pass higher costs to shoppers. A company like Nike (NKE +2.21%), which sources much of its product overseas, has to keep absorbing or passing along that tax. Meanwhile, domestic producers such as Nucor (NUE +0.26%) get a modest edge as imported goods grow pricier.
It is worth staying balanced here. Tariffs are ultimately a tax that can feed inflation and pinch consumers, and the forced-labor rationale invites retaliation and fresh disputes abroad. At the same time, a baseline in the low double digits is manageable for most large, well-run companies, and trade policy has already proven it can change again.
The lesson is not to bet on tariffs disappearing. It is to assume they stick. To me, that argues for favoring businesses with genuine pricing power and domestic or diversified supply chains, staying cautious on thin-margin importers, and treating each trade headline as noise around a baseline that now looks far more permanent than it did a month ago.
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Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
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Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Nucor (NUE - Free Report) Headquartered in Charlotte, NC, Nucor Corporation is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States. It also produces direct reduced iron (“DRI”) that is used in its steel mills. The company has 123 operating facilities, primarily in the United States and Canada. Also, most of its operating facilities and customers are located in North America.
NUE is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 14.42; value investors should take notice.
For fiscal 2026, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $2.17 to $17.84 per share. NUE boasts an average earnings surprise of +9.8%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, NUE should be on investors' short list.
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Two Basic Materials Bets, Two Very Different Rides Albemarle (NYSE:ALB | ALB Price Prediction) and Nucor (NYSE:NUE) both call Charlotte home, and both sell commodities the industrial economy cannot function without. The similarities end there.
Albemarle rode the lithium supercycle from roughly $30/kg LCE in 2021 to 2023 down to $10/kg in 2025, then partway back to roughly $20/kg in Q1 2026. CEO Kent Masters used the downturn to streamline, selling stakes in Ketjen and the Eurecat JV for $648 million and retiring $1.3 billion in debt. The payoff showed up fast: Q1 2026 EPS of $2.95 versus a $1.11 consensus, with Energy Storage segment revenue up 69.9% year over year.
Nucor’s story is quieter and, frankly, more impressive. Section 232 tariffs helped push finished steel import share from around 23% in 2024 to roughly 16% in 2026. CEO Leon Topalian is nearing the finish line on a roughly $10 billion capital program, and Q2 2026 delivered record steel mill shipments of 7.1 million tons and EPS of $4.84. The dividend has now been raised 53 consecutive years.
What $1,000 Actually Became Here is what $1,000 became through July 30, 2026.
1-Year Return 5-Year Return 10-Year Return Albemarle 61.18% ($1,611.80) −41.33% ($586.70) 54.76% ($1,547.60) Nucor 84.48% ($1,844.80) 165.11% ($2,651.10) 492.44% ($5,924.40) S&P 500 14.83% ($1,148.30) 66.35% ($1,663.50) 235.97% ($3,359.70) Nucor topped the index at every horizon. Albemarle beat it over the past year (a lithium-price bounce off a brutal low), but a five-year holder is still underwater, and even a decade of patience trailed the S&P by a wide margin. Timing was everything for Albemarle. For Nucor, almost any entry point worked.
Where to Put Fresh Money Nucor is the play today for investors who believe tariffs, data-center construction, and the tail end of that capex program keep utilization near 91%. Risks include steel prices rolling over as the West Virginia sheet mill and other projects add supply into a cooling economy. At 17x forward earnings with a 1.922 beta, investors are paying for a cyclical peak.
Investors may favor Albemarle today if they think lithium settles above $20/kg and EV demand reaccelerates. However, it should be avoided if prices stall near $10/kg, where the company posted a FY2025 EPS of −$2.34. The stock is already down 16.7% year to date, so a lot of skepticism is priced in.
Nucor looks like the higher-quality compounder at current levels. Albemarle remains a trade until lithium prices prove they can hold.
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Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Nucor (NUE - Free Report) Headquartered in Charlotte, NC, Nucor Corporation is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States. It also produces direct reduced iron (“DRI”) that is used in its steel mills. The company has 123 operating facilities, primarily in the United States and Canada. Also, most of its operating facilities and customers are located in North America.
NUE is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Basic Materials stock. NUE has a Momentum Style Score of B, and shares are up 16.9% over the past four weeks.
Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $2.16 to $17.65 per share. NUE also boasts an average earnings surprise of +9.8%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, NUE should be on investors' short list.
Key Takeaways Nucor reported record steel mill shipments of 7.1 million tons for the second consecutive quarter.NUE expects 2026 shipment growth near the high end of its 5% to 10% range.Nucor's West Virginia sheet mill project remains on schedule, with shipments ramping in early 2027. Nucor Corporation (NUE - Free Report) used its second-quarter earnings call to emphasize continued demand strength, expanding capacity and progress on major growth projects. Management highlighted record steel mill shipments, strong backlogs and investments aimed at increasing long-term earnings capacity.
The company also raised confidence in the second half of 2026, pointing to higher realized pricing, stable volumes and contributions from recently completed projects.
NUE Highlights Broad-Based Demand StrengthChairman and CEO Leon Topalian said Nucor delivered another strong quarter with improved earnings across all three operating segments. The company reported adjusted earnings of $4.84 per diluted share on net sales of $10.40 billion, while the Zacks Consensus Estimate called for EPS of $4.57 and revenues of $10.06 billion.
Topalian noted that steel mill shipments reached a record 7.1 million tons for the second consecutive quarter. He attributed the performance to strong end-market demand and prior investments that expanded Nucor’s steelmaking capabilities.
The CEO also emphasized that backlogs continued to build across the business, reflecting customer momentum in multiple sectors of the economy. He highlighted demand from infrastructure, energy, manufacturing and other industrial markets as key drivers.
Nucor Advances Major Growth ProjectsPresident and COO Stephen Laxton said Nucor’s West Virginia sheet mill project remained on schedule and within budget. The company began commissioning key equipment and expects commercial shipments to begin ramping in early 2027.
Laxton said other projects, including galvanizing lines, coating operations and towers and structures facilities, were progressing as planned. Several recently completed projects, including the Lexington micro mill and Kingman melt shop, reached EBITDA-positive run rates.
Management expects these investments to support future earnings growth as capacity ramps. The company said capital expenditures remain targeted at approximately $2.5 billion for 2026, with about 60% allocated toward growth projects.
NUE Sees Supportive Market BackdropLaxton said Nucor expects 2026 shipment growth to finish near the high end of its previously indicated 5% to 10% range. He pointed to continued strength in sheet, plate, bar and structural products.
Sheet demand remains supported by energy, advanced manufacturing and data center activity, according to Noah Hanners, Executive Vice President of Sheet Products. He also noted that reshoring activity is creating additional opportunities in areas such as automotive supply.
Management said industry demand growth remains around 2% for 2026, with several end markets positioned for continued strength over the next few years.
Nucor Discusses Capital Allocation PlansTopalian said Nucor remains focused on its strategy of growing the core business while expanding beyond traditional steel operations. He said future opportunities will focus on areas connected to long-term trends such as energy infrastructure and downstream products.
The CEO said the company would remain disciplined on acquisitions and pursue opportunities only when they can create value above the cost of capital. He added that excess cash would continue to be returned to shareholders if attractive investments were unavailable.
Chief financial officer Jack Sullivan said Nucor returned $479 million to shareholders during the quarter through dividends and share repurchases, representing 41% of quarterly net earnings.
NUE Faces Analyst Questions on Growth OutlookA Wells Fargo analyst asked about the potential impact of new projects and whether strong demand could offset typical fourth-quarter seasonality. Topalian responded that several projects were already contributing and that additional facilities should add value as they ramp.
A JPMorgan analyst questioned the sustainability of demand trends into the second half of 2026. Laxton said demand drivers remained broad, including infrastructure, energy investment and data center development, while acknowledging normal seasonal patterns.
Analysts also asked about the West Virginia mill ramp. Hanners said the focus will be on safe, reliable production, with utilization expected to reach about 50% by the end of the first year.
Nucor Maintains Strategic Focus AheadNucor entered the second half of 2026 with management focused on execution, capacity expansion and maintaining financial flexibility. Topalian said the company’s operating platform and broad product portfolio provide a foundation for continued investment.
The company’s outlook reflects confidence in demand across several markets while continuing to manage project ramp costs and raw material pressures. Management expects third-quarter consolidated earnings to increase, supported by pricing improvements and stronger steel products results.
Zacks Rank And Style Scores SignalsNucor currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Rank focuses on earnings estimate revisions and is designed to help identify stocks with stronger potential performance over the next one to three months. The Rank can change as analysts update earnings expectations following new results.
The company has a Value Score of B, Growth Score of B, Momentum Score of F and VGM Score of B. Zacks Style Scores range from A to F, with stronger scores indicating more favorable characteristics for the corresponding investing style.
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A Weaker Dollar Could Put These 3 Industrial Stocks Back in FocusNucor NYSE: NUE reported stronger second-quarter earnings as record steel mill shipments, higher selling prices and improved performance across all three operating segments lifted results above the midpoint of the company’s guidance range.
The steelmaker generated net earnings of $1.2 billion, or $5.04 per share, for the second quarter. Excluding a $0.20-per-share non-cash benefit tied to an increase in the value of its Helion investment, adjusted earnings were $4.84 per share. Nucor generated approximately $2 billion of EBITDA during the quarter.
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Dollar at a 3-Year Low: 3 Exporters Quietly Printing MoneyChief Financial Officer Jack Sullivan said the company exceeded the midpoint of its guidance by $0.29 per share, primarily because Steel Mills results were better than anticipated, with several divisions outperforming their June forecasts. Steel Products and Raw Materials also exceeded internal expectations.
Record Shipments and Segment Improvement Nucor’s Steel Mills segment posted quarterly shipments of 7.1 million tons, an all-time record and the second consecutive quarterly record, according to Chair and Chief Executive Officer Leon Topalian. The company cited strength across its product categories and continued benefits from investments in core steelmaking capacity.
Berkshire, Broadcom & Nucor Are Revving Their Buyback EnginesThe Steel Mills segment generated $1.6 billion of pre-tax earnings, up more than 35% from the first quarter. Higher average selling prices, particularly for sheet and plate products, were the principal drivers. Segment results also included $130 million of cash refunds associated with prior-period raw-material procurement costs, primarily for pig iron.
Steel Products generated $353 million in pre-tax earnings, an increase of more than $75 million sequentially. Shipments rose 11% from the first quarter, with growth across the company’s major product lines. Topalian said Nucor’s tube group set a second straight quarterly shipment record.
Raw Materials pre-tax earnings rose to $146 million from $45 million in the first quarter. Executive Vice President of Raw Materials Allen Behr attributed the increase to strong recycling-yard volumes and margins, as well as record direct reduced iron production. The DRI business benefited from higher pig iron prices, which influence Nucor’s internal DRI transfer pricing.
At the company’s Brandenburg plate facility, shipments exceeded 230,000 tons during the quarter. Brad Ford, executive vice president of Plate and Structural Products, said nearly one-third of Brandenburg’s second-quarter shipments consisted of grades and sizes previously unavailable from Nucor’s plate group, including API line pipe, armor grades, shipbuilding grades and wide plate for bridge applications.
Outlook Calls for Higher Third-Quarter Earnings Nucor forecast higher consolidated earnings in the third quarter. In Steel Mills, the company expects expanding metal margins and stable volumes to offset the absence of additional material cash-refund benefits. Sullivan said realized pricing is expected to increase across all product groups.
Steel Products earnings are projected to rise on higher volumes and average realized prices. Raw Materials earnings, however, are expected to decline as lower realized scrap prices and elevated iron ore costs pressure margins. Nucor said iron ore costs have risen following the idling of some pellet capacity in the Middle East.
President and Chief Operating Officer Stephen Laxton said Nucor now expects 2026 shipment growth to finish near the high end of its previously communicated 5% to 10% range. While the company expects customary seasonal softness in the fourth quarter, Laxton said demand remains strong across its product portfolio, supported by energy infrastructure, advanced manufacturing, data centers, construction and reshoring activity.
Nucor estimated overall U.S. steel demand could increase about 2% in 2026. Laxton said some consumer-oriented markets remain weaker, but noted that reshoring could increase domestic steel consumption in sectors such as automotive even when end-market consumption is not growing.
Noah Hanners, executive vice president of Sheet Products, said Nucor’s sheet operations set another production record in the second quarter. He said the company sees continued demand strength into 2027, including in energy, data centers, automotive and consumer durables. Hanners also cited low inventories at service centers and said service-center shipments rose 10% year over year in June.
Growth Projects Continue to Advance Nucor said its new sheet mill in West Virginia remains on schedule and on budget. The company began commissioning the melt shop and automotive and construction galvanizing lines earlier this month, with cold mill and hot mill commissioning expected later in the year. Commercial shipments are expected to begin ramping in early 2027, with utilization and product offerings building through 2027 and into 2028.
Hanners said Nucor expects the West Virginia mill to reach roughly 50% utilization by the end of its first year of operation. The company plans to focus initially on safe, reliable and consistent production before expanding into higher-value products and qualifications.
Other projects expected to be completed later this year include Nucor’s Berkeley galvanizing line, the full range of its Crawfordsville coating operation and an Indiana Towers and Structures facility. A Utah Towers and Structures facility is expected to reach full production by mid-2027.
Laxton said the Lexington micro mill and Kingman melt shop reached EBITDA-positive run rates in the first quarter. Nucor’s Alabama Towers and Structures facility is expected to reach an EBITDA-positive run rate later this year.
Capital Allocation and Trade Policy Capital expenditures totaled $571 million in the second quarter, and Nucor reaffirmed its expectation to spend about $2.5 billion during 2026, with about 60% directed to growth projects. The company generated $829 million of free cash flow, its strongest quarter since 2023, and ended the period with approximately $2.7 billion in cash and $3.4 billion of liquidity.
Nucor returned $479 million to shareholders through dividends and share repurchases during the quarter, representing 41% of net earnings. The company said it remains committed to returning at least 40% of annual net earnings to shareholders.
Topalian said finished steel imports increased sequentially but remained down 25% year over year, which he attributed to strengthened Section 232 measures and antidumping and countervailing duties. He also called for changes to the U.S.-Mexico-Canada Agreement, including North American melted-and-poured requirements for steel used in steel-intensive products.
“We remain incredibly optimistic about the opportunities and the future ahead of Nucor,” Topalian said in closing remarks.
About Nucor (NYSE:NUE)Nucor Corporation NYSE: NUE is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor's operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.
Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Nucor Corporation (NUE) Q2 2026 Earnings Call July 28, 2026 10:00 AM EDT
Company Participants
Chris Jacobi - Director of Investor Relations
Leon Topalian - Chairman of the Board & CEO
Stephen Laxton - President & COO
Jack Sullivan - Executive VP, CFO & Treasurer
Noah Hanners - Executive Vice President of Sheet Products
Brad Ford - Executive Vice President of Plate & Structural Products
John Hollatz - Executive Vice President of Fabricated Construction Products
Allen Behr - Executive Vice President of Raw Materials
Randy Spicer - Executive Vice President of Bar & Rebar Fabrication Products
Conference Call Participants
Lawson Winder - BofA Securities, Research Division
Timna Tanners - Wells Fargo Securities, LLC, Research Division
William Peterson - JPMorgan Chase & Co, Research Division
Tristan Gresser - BNP Paribas, Research Division
Nicklaus Cash - Goldman Sachs Group, Inc., Research Division
Katja Jancic - BMO Capital Markets Equity Research
Carlos de Alba - Morgan Stanley, Research Division
Presentation
Operator
Good morning and welcome to Nucor's Second Quarter 2026 Earnings Call. [Operator Instructions] Today's call is being recorded. [Operator Instructions]
I would now like to introduce Chris Jacobi, Director of Investor Relations. You may begin your call.
Chris Jacobi
Director of Investor Relations
Thank you and good morning, everyone. Welcome to Nucor's Second Quarter Earnings Review and Business Update. Leading our call today is Leon Topalian, Chair and CEO; along with Steve Laxton, President and COO; and Jack Sullivan, CFO. Other members of Nucor's executive team are also here with us today and may participate during the Q&A portion of the call.
Yesterday, we posted our second quarter earnings release and investor presentation to Nucor's IR website. We encourage you to access these materials as we'll cover portions of them during the call. Today's discussion will include the use of non-GAAP financial measures and forward-looking information within the meaning of securities laws. Actual results may be different than
Key Takeaways NUE reported adjusted Q2 earnings of $4.84 per share, beating the $4.57 consensus estimate. Nucor's net sales rose 23% year over year to roughly $10.4 billion, surpassing estimates. NUE expects higher Q3 earnings, led by improved Steel Mills and Steel Products results. Nucor Corporation (NUE - Free Report) reported adjusted earnings of $4.84 per share for the second quarter of 2026. The figure beat the Zacks Consensus Estimate of $4.57. On a reported basis, earnings were $5.04 per share, up from $2.60 in the year-ago quarter.
The company recorded net sales of roughly $10.4 billion, up 23% year over year. The figure beat the Zacks Consensus Estimate of roughly $10.06 billion.
Nucor Corporation Price, Consensus and EPS SurpriseOperating FiguresTotal sales tons to outside customers for steel mills in the second quarter were 5,659,000 tons, up 12% year over year and 1% sequentially. The figure surpassed our estimate of 5,621,000 tons.
Total sales tons to external customers increased 12% year over year to 7,605,000 tons. The external average sales price per ton rose 10% to $1,367. Overall operating rates at the company’s steel mills were 91%, up from 85% in the second quarter of 2025 and 86% in the first quarter of 2026.
Segment HighlightsIn the reported quarter, the Steel Mills segment posted earnings of $1.56 billion, up 84.6% from $843 million in the year-ago quarter. The improvement reflected higher average selling prices and volumes, along with a $130 million reduction in cost of products sold related to refunds for prior-period raw material procurement costs.
The Steel Products segment earned $353 million, down 9.9% from $392 million a year earlier. However, earnings improved sequentially on increased volumes and stable average realized pricing.
The Raw Materials segment delivered earnings of $146 million, up 156.1% from $57 million in the prior-year quarter, primarily due to higher average selling prices and shipments.
Financial PositionCash and cash equivalents were roughly $2.48 billion at the end of the quarter, up from $1.95 billion a year earlier. Including short-term investments, Nucor had around $2.69 billion in liquidity on hand. Long-term debt and finance lease obligations due after one year were roughly $6.39 billion at quarter-end, down from $6.91 billion at the end of 2025.
During the second quarter, Nucor repurchased approximately 1.53 million shares at an average price of $228.76 per share.
OutlookThe company expects higher consolidated reported earnings in the third quarter of 2026. Steel Mills segment earnings are projected to increase on higher realized pricing across all major product categories, with volumes expected to remain stable. Steel Products segment earnings are anticipated to improve on higher volumes and realized pricing. However, Raw Materials segment earnings are expected to decline due to lower margins.
NUE’s Price PerformanceShares of Nucor have gained 76.2% over the past year compared with a 71.1% rise in its industry.
Image Source: Zacks Investment Research
NUE’s Zacks Rank & Key PicksNUE currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are The Chemours Company (CC - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and Ternium S.A. (TX - Free Report) .
Chemours is expected to report second-quarter results on Aug. 4. The Zacks Consensus Estimate for CC’s second-quarter earnings is pegged at 43 cents per share. It carries a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here
CRS is slated to report fiscal fourth-quarter results on July 30. The Zacks Consensus Estimate for earnings is pegged at $3.03 per share. CRS has a Zacks Rank #1 at present.
Ternium is scheduled to report second-quarter results on Aug. 4. The Zacks Consensus Estimate for TX’s second-quarter earnings is pegged at $1.29 per share. It currently carries a Zacks Rank #1.
Nucor (NUE - Free Report) reported $10.4 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 23%. EPS of $4.84 for the same period compares to $2.60 a year ago.
The reported revenue represents a surprise of +3.34% over the Zacks Consensus Estimate of $10.06 billion. With the consensus EPS estimate being $4.57, the EPS surprise was +5.91%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Nucor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Steel Products Segment - Sales Tons to External Customers: 1,285.00 KTon versus the four-analyst average estimate of 1,227.18 KTon.Steel Products Segment - External Average Sales Price per Ton: 2,415.00 $/Ton versus the four-analyst average estimate of 2,416.53 $/Ton.Average sales price per ton (Steel) - Total Steel: 1,145.00 $/Ton versus 1,183.36 $/Ton estimated by four analysts on average.Sales Tons to outside customer (Steel) - Total Steel: 5,659.00 KTon versus the four-analyst average estimate of 5,613.26 KTon.Sales Tons to outside customer (Steel) - Sheet: 2,680.00 KTon compared to the 2,775.01 KTon average estimate based on three analysts.Sales Tons to outside customer (Steel) - Bars: 1,774.00 KTon compared to the 1,625.37 KTon average estimate based on three analysts.Sales Tons to outside customer (Steel) - Beam: 527.00 KTon versus the three-analyst average estimate of 558.82 KTon.Sales Tons to outside customer (Steel) - Plate: 678.00 KTon versus the three-analyst average estimate of 651.81 KTon.Average sales price per ton (Steel) - Sheet: 1,088.00 $/Ton compared to the 1,092.53 $/Ton average estimate based on three analysts.Average sales price per ton (Steel) - Bars: 1,049.00 $/Ton compared to the 1,025.22 $/Ton average estimate based on three analysts.Average sales price per ton (Steel) - Beam: 1,608.00 $/Ton versus the three-analyst average estimate of 1,566.74 $/Ton.Average sales price per ton (Steel) - Plate: 1,263.00 $/Ton versus 1,271.54 $/Ton estimated by three analysts on average.View all Key Company Metrics for Nucor here>>>
Shares of Nucor have returned +3.2% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Published in earnings earnings-estimates-revisions earnings-surprise
Nucor (NUE - Free Report) came out with quarterly earnings of $4.84 per share, beating the Zacks Consensus Estimate of $4.57 per share. This compares to earnings of $2.6 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.91%. A quarter ago, it was expected that this steel company would post earnings of $2.79 per share when it actually produced earnings of $3.23, delivering a surprise of +15.77%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Nucor, which belongs to the Zacks Steel - Producers industry, posted revenues of $10.4 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.34%. This compares to year-ago revenues of $8.46 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Nucor shares have added about 51.8% since the beginning of the year versus the S&P 500's gain of 8.3%.
What's Next for Nucor?While Nucor has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Nucor was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $5.06 on $9.79 billion in revenues for the coming quarter and $17.53 on $38.69 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Steel - Producers is currently in the top 19% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, L.B. Foster (FSTR - Free Report) , has yet to report results for the quarter ended June 2026.
This railroad track manufacturer is expected to post quarterly earnings of $0.41 per share in its upcoming report, which represents a year-over-year change of +51.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
L.B. Foster's revenues are expected to be $134.49 million, down 6.3% from the year-ago quarter.
Net earnings attributable to Nucor stockholders of $1.16 billion, or $5.04 per diluted share Adjusted net earnings attributable to Nucor stockholders of $1.11 billion, or $4.84 per diluted share Net sales of $10.40 billion Net earnings before noncontrolling interests of $1.28 billion; EBITDA of $2.02 billion , /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $1.16 billion, or $5.04 per diluted share, for the second quarter of 2026. Excluding a non-cash, pre-tax benefit of $61 million, or $0.20 per diluted share, Nucor's second quarter of 2026 adjusted net earnings attributable to Nucor stockholders was $1.11 billion, or $4.84 per diluted share. By comparison, Nucor reported consolidated net earnings attributable to Nucor stockholders of $743 million, or $3.23 per diluted share, for the first quarter of 2026 and $603 million, or $2.60 per diluted share, for the second quarter of 2025.
"Investment across key sectors of the U.S. economy, combined with supportive federal trade policies, drove a second consecutive quarterly record for Nucor steel mill shipments," said Leon Topalian, Nucor's Chair and Chief Executive Officer. "We continue to execute our growth strategy through investments to expand our capabilities and strengthen our position as the market leader with the most diverse portfolio of steel and fabricated steel products in North America. I want to thank our more than 33,000 Nucor teammates for keeping us on pace for the safest year in Nucor's history and their unwavering commitment to our customers and shareholders."
Earnings Before Income Taxes and Noncontrolling Interests by Segment (In millions)
Three Months (13 Weeks) Ended
Six Months (26 Weeks) Ended
July 4, 2026
April 4, 2026
July 5, 2025
July 4, 2026
July 5, 2025
Steel mills
$
1,556
$
1,128
$
843
$
2,684
$
1,074
Steel products
353
276
392
629
680
Raw materials
146
45
57
191
86
Corporate/eliminations
(430)
(353)
(393)
(783)
(656)
$
1,625
$
1,096
$
899
$
2,721
$
1,184
Analysis of Second Quarter of 2026 Results Compared to the First Quarter of 2026
The increase in second quarter earnings was driven primarily by the increase in earnings in the steel mills segment, which experienced higher average selling prices and higher volumes. Additionally, the steel mills segment earnings included a reduction to cost of products sold in the amount of $130 million related to cash refunds associated with prior periods' raw materials procurement costs. The steel products segment had improved earnings due to increased volumes and stable average realized pricing. The raw materials segment had higher earnings in the second quarter primarily due to increased average selling prices and shipments.
Included in the second quarter of 2026 marketing, administrative and other expenses is a non-cash, pre-tax benefit of $61 million, or $0.20 per diluted share. This non-cash, pre-tax benefit is related to the increase in the value of our investment in Helion, a fusion energy company, after it completed a capital financing round in the second quarter of 2026.
Financial Strength
At the end of the second quarter of 2026, Nucor had $2.69 billion in cash and cash equivalents and short-term investments on hand. The Company's $2.25 billion revolving credit facility remains undrawn and does not expire until March 2030. The Company continues to have the strongest credit ratings in the North American steel sector (A-/A-/A3) with stable outlooks at Standard & Poor's, Fitch Ratings and Moody's, respectively.
Commitment to Returning Capital to Stockholders
During the second quarter of 2026, Nucor repurchased approximately 1.53 million shares of its common stock at an average price of $228.76 per share. Nucor returned approximately $479 million to stockholders in the second quarter of 2026 in the form of share repurchases and dividend payments, and approximately $733 million in the first six months of 2026.
On June 9, 2026, Nucor's Board of Directors declared a cash dividend of $0.56 per share. This cash dividend is payable on August 11, 2026, to stockholders of record as of June 30, 2026 and is Nucor's 213th consecutive quarterly cash dividend.
Third Quarter of 2026 Outlook Compared to the Second Quarter of 2026
We expect higher consolidated reported earnings in the third quarter of 2026. In the steel mills segment we expect an increase in earnings due to higher realized pricing across all major product categories with stable volumes. In the steel products segment, we expect increased earnings due to both higher volumes and higher realized pricing. The raw materials segment is expected to have decreased earnings due to lower margins.
Earnings Conference Call
An earnings call is scheduled for July 28, 2026 at 10:00 a.m. Eastern Time to review Nucor's second quarter of 2026 financial results and provide a business update. The call can be accessed via webcast from the Investor Relations section of Nucor's website (nucor.com/investors). A presentation with supplemental information to accompany the call has been posted to Nucor's Investor Relations website. A playback of the webcast will be posted to the same site within one day of the live event.
About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
Non-GAAP Financial Measures
The Company uses certain non-GAAP (Generally Accepted Accounting Principles) financial measures in this news release, including EBITDA, adjusted net earnings attributable to Nucor stockholders and adjusted net earnings per diluted share. Generally, a non-GAAP financial measure is a numerical measure of a company's performance or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable financial measure calculated and presented in accordance with GAAP.
We define EBITDA as net earnings before noncontrolling interests, adding back the following items: interest expense (income), net; provision for income taxes; losses and impairments of assets; depreciation; and amortization. For the second quarter of 2026, we define adjusted net earnings attributable to Nucor stockholders as net earnings attributable to Nucor stockholders subtracting certain non-cash benefits (in this case, the increase in the value of our investment in Helion), net of tax. We define adjusted net earnings per diluted share as net earnings per diluted share subtracting certain non-cash benefits (in this case, the per diluted share impact of the increase in the value of our investment in Helion), net of tax. Please note that other companies might define their non-GAAP financial measures differently than we do.
Management presents the non-GAAP financial measures of EBITDA, adjusted net earnings attributable to Nucor stockholders and adjusted net earnings per diluted share in this news release because it considers them to be important supplemental measures of performance. Management believes that these non-GAAP financial measures provide additional insight for analysts and investors evaluating the Company's financial and operational performance by providing a consistent basis of comparison across periods.
Forward-Looking Statements
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of any pandemic or public health situation. These and other factors are discussed in Nucor's regulatory filings with the United States Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2025. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.
Consolidated Financial Statements
Nucor Corporation Condensed Consolidated Statements of Earnings (Unaudited)
(In millions, except per share amounts)
Three Months (13 Weeks) Ended
Six Months (26 Weeks) Ended
July 4, 2026
April 4, 2026
July 5, 2025
July 4, 2026
July 5, 2025
Net sales
$
10,397
$
9,496
$
8,456
$
19,893
$
16,286
Costs, expenses and other:
Cost of products sold
8,363
7,995
7,233
16,358
14,458
Marketing, administrative and other expenses
405
378
304
783
585
Equity in earnings of unconsolidated affiliates
(8)
(7)
(10)
(15)
(14)
Losses and impairments of assets
-
15
11
15
40
Interest expense (income), net
12
19
19
31
33
8,772
8,400
7,557
17,172
15,102
Earnings before income taxes and noncontrolling
interests
NUE stock is moving. Watch the price action here. Nucor reported quarterly earnings of $4.84 per share, which beat the consensus estimate of $4.38 by 10.5%
Quarterly revenue came in at $10.4 billion, which beat the analyst consensus estimate of $10.14 billion and was up from $8.46 billion in the same period last year.
“Investment across key sectors of the U.S. economy, combined with supportive federal trade policies, drove a second consecutive quarterly record for Nucor steel mill shipments,” said CEO Leon Topalian.
NUE Stock Price Activity: According to data from Benzinga Pro, Nucor stock was somewhat flat at $245.50 in Monday’s extended trading, according to Benzinga Pro data.
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Dai ichi Life Insurance Company Ltd cut its holdings in Nucor Corporation (NYSE:NUE – Free Report) by 36.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,404 shares of the basic materials company’s stock after selling 7,200 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Nucor were worth $2,098,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Nucor by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 28,407,540 shares of the basic materials company’s stock worth $4,633,554,000 after purchasing an additional 144,038 shares in the last quarter. Morgan Stanley raised its position in shares of Nucor by 1.1% in the fourth quarter. Morgan Stanley now owns 3,853,205 shares of the basic materials company’s stock valued at $628,497,000 after buying an additional 41,728 shares in the last quarter. Norges Bank acquired a new stake in shares of Nucor in the fourth quarter valued at approximately $609,002,000. Dimensional Fund Advisors LP boosted its stake in shares of Nucor by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,539,044 shares of the basic materials company’s stock valued at $429,298,000 after buying an additional 22,718 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Nucor by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,919,883 shares of the basic materials company’s stock worth $313,152,000 after buying an additional 56,565 shares in the last quarter. 76.48% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth A number of research analysts recently commented on the company. Morgan Stanley boosted their price target on Nucor from $227.00 to $258.00 and gave the company an “equal weight” rating in a research note on Monday, June 22nd. Wall Street Zen upgraded shares of Nucor from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. BNP Paribas Exane increased their price objective on shares of Nucor from $210.00 to $248.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. The Goldman Sachs Group raised their target price on shares of Nucor from $260.00 to $284.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Finally, Weiss Ratings upgraded shares of Nucor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Twelve research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $266.31.
Get Our Latest Analysis on Nucor
Insider Buying and Selling at Nucor In related news, EVP Allen C. Behr sold 10,096 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $226.08, for a total transaction of $2,282,503.68. Following the sale, the executive vice president owned 62,871 shares in the company, valued at $14,213,875.68. This represents a 13.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael D. Keller sold 4,554 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $225.86, for a total value of $1,028,566.44. Following the transaction, the insider owned 16,834 shares in the company, valued at $3,802,127.24. The trade was a 21.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 82,378 shares of company stock valued at $18,963,930. 0.62% of the stock is owned by corporate insiders.
Nucor Stock Up 0.1% Shares of NYSE NUE opened at $247.81 on Monday. The company has a 50 day simple moving average of $239.91 and a 200 day simple moving average of $204.43. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.90 and a quick ratio of 1.55. Nucor Corporation has a 1 year low of $131.32 and a 1 year high of $270.90. The firm has a market cap of $56.44 billion, a PE ratio of 24.54, a price-to-earnings-growth ratio of 0.57 and a beta of 1.91.
Nucor (NYSE:NUE – Get Free Report) last announced its earnings results on Monday, April 27th. The basic materials company reported $3.23 EPS for the quarter, topping the consensus estimate of $2.82 by $0.41. The firm had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $8.88 billion. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The business’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.77 EPS. On average, research analysts forecast that Nucor Corporation will post 17.53 EPS for the current year.
Nucor Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.56 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. Nucor’s dividend payout ratio is 22.18%.
Nucor Profile (Free Report)
Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.
Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.
Featured Stories Five stocks we like better than Nucor RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding NUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nucor Corporation (NYSE:NUE – Free Report).
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Nucor Corporation (NYSE:NUE) will release its second quarter earnings report after the closing bell on Monday, July 27.
Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings of $4.53 per share, up from $2.65 per share in the year-ago period. The consensus estimate for Nucor’s quarterly revenue is $10.31 billion. It reported $8.46 billion last year, according to Benzinga Pro.
On June 17, Nucor said it sees second-quarter GAAP EPS of $4.70-$4.80 and adjusted EPS of $4.50-$4.60.
Shares of Nucor gained 2.7% to close at $247.56 on Friday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying NUE stock? Here’s what analysts think:
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SummaryThe Dividend Kings outperformed SPY in June and July, regaining a 4.83% lead YTD with 39 of 58 Kings beating SPY.37 Dividend Kings have double-digit gains in 2026, with Gorman-Rupp (GRC), Nucor (NUE), and Archer-Daniels-Midland (ADM) leading.21 Dividend Kings are both potentially undervalued and offer expected long-term annualized returns of at least 10%.Dividend Yield Theory and analyst growth projections underpin the selection of promising Kings, with average dividend growth at 3.90% and robust double-digit earnings forecasts for select names. Thapana Onphalai/iStock via Getty Images
2026 Review The S&P 500's strong run through April and May faded in June, the State Street SPDR® S&P 500® ETF (SPY) finished the prior month with a 1.03% loss. Meanwhile the Dividend Kings, on average, posted
10.47K Followers
Analyst’s Disclosure: I/we have a beneficial long position in the shares of ABBV, ADP, HRL, JNJ, LOW, PEP, SPGI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Nucor Corporation (NYSE:NUE) will release its second-quarter earnings report after the closing bell on Monday, July 27.
Analysts expect the steel producer to report quarterly earnings of $4.53 per share. That’s up from $2.65 per share in the year-ago period. The consensus estimate for Nucor’s quarterly revenue is $10.13 billion. It reported $8.46 billion last year, according to Benzinga Pro.
With the recent buzz around Nucor, some investors may be eyeing potential gains from the company’s dividends. As of now, the company has an annual dividend yield of 0.93%, which is a quarterly dividend amount of 56 cents per share ($2.24 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $646,041 or around 2,679 shares. For a more modest $100 per month or $1,200 per year, you would need $129,256 or around 536 shares.
To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($2.24 in this case). So, $6,000 / $2.24 = 2,679 ($500 per month), and $1,200 / $2.24 = 536 shares ($100 per month).
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price fluctuate over time.
How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.
For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).
Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.
NUE Price Action: Shares of Nucor gained 2.2% to close at $241.15 on Thursday.
Barclays analyst Richard Garchitorena, on July 16, maintained Nucor with an Overweight rating. He also raised the price target from $270 to $272.
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The Trump administration has officially opened a new chapter in its trade strategy. On July 15, the Office of the U.S. Trade Representative (USTR) announced a 25% Section 301 tariff on many Brazilian imports, citing what it described as unfair trade practices involving digital payments, intellectual property, market access, and other policies.
The tariffs took effect on July 22 and cover thousands of products, although several key imports, including coffee, beef, orange juice, and aerospace components, are exempt. Some companies stand to benefit, and some stand to get hurt. Here are two worth watching.
Image source: Getty Images.
1. Nucor One potential beneficiary is North Carolina-headquartered Nucor (NUE +2.23%). Brazil is one of the largest foreign suppliers of steel-related products to the United States, particularly pig iron, a key raw material used in electric arc furnaces. While some steel products were excluded from the new tariffs because they are already subject to separate Section 232 duties, the broader trade action could still encourage buyers to source more materials domestically where possible. And that could create a favorable backdrop for Nucor.
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Nucor is North America's largest steel producer and continues investing billions of dollars in expanding production capacity. Its downstream businesses also give it exposure to construction, infrastructure, manufacturing, and energy markets.
To be sure, tariffs alone -- which importers pay -- won't determine Nucor's future earnings. Steel demand ultimately depends on industrial activity and construction spending. But trade barriers that reduce import competition have historically supported domestic pricing and utilization rates. So if the current tariff regime remains in place, Nucor could be among the companies that benefit indirectly.
2. Embraer On the other side of the equation sits Sao Paolo-headquartered Embraer (EMBJ -0.91%). This Brazilian aircraft manufacturer gets nearly 60% of its revenue from North America, making access to the U.S. market critically important.
The good news is that the final tariff list exempted civil aircraft and hundreds of aerospace-related products, limiting the direct impact on Embraer's U.S. business. This exemption reflects the importance of integrated aerospace supply chains between the United States and Brazil.
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Still, the company isn't completely insulated. Trade disputes rarely remain static. Additional tariffs, retaliatory measures, or broader restrictions could increase uncertainty for future aircraft orders or complicate cross-border supply chains. Even if aerospace remains exempt, prolonged trade tensions could weigh on investor sentiment toward Brazilian exporters generally.
Exposure to Brazil The truth is, tariffs rarely produce clear winners and losers overnight. And indeed, plenty of companies can adapt by shifting suppliers, renegotiating contracts, or passing higher costs on to customers. Others benefit simply because foreign competitors become less price-competitive.
For now, however, the companies with the greatest exposure to Brazilian imports (or those competing directly against them) are likely to see the biggest effects. Nucor appears positioned to benefit if domestic steel demand shifts toward U.S. producers, while Embraer may continue operating largely unaffected as long as aerospace exemptions remain intact.
A more important scenario for investors to consider right now is whether Brazil will retaliate and whether this will become the first step in a broader expansion of Section 301 tariffs.
In its upcoming report, Nucor (NUE - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $4.57 per share, reflecting an increase of 75.8% compared to the same period last year. Revenues are forecasted to be $9.87 billion, representing a year-over-year increase of 16.7%.
The current level reflects an upward revision of 6.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Nucor metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts predict that the 'Net sales to external customers- Steel products' will reach $2.97 billion. The estimate indicates a year-over-year change of +11.6%.
The consensus estimate for 'Net sales to external customers- Steel mills' stands at $6.41 billion. The estimate points to a change of +22.1% from the year-ago quarter.
Analysts' assessment points toward 'Net sales to external customers- Raw materials' reaching $683.92 million. The estimate indicates a year-over-year change of +25.3%.
Based on the collective assessment of analysts, 'Net sales to external customers- Structural' should arrive at $875.19 million. The estimate suggests a change of +26.1% year over year.
The average prediction of analysts places 'Sales in Tons Outside Customers - Total steel products' at 1227 thousands of tons. The estimate is in contrast to the year-ago figure of 1141 thousands of tons.
Analysts expect 'Sales Tons to outside customer (Steel) - Total Steel Mills' to come in at 5613 thousands of tons. Compared to the present estimate, the company reported 5044 thousands of tons in the same quarter last year.
The collective assessment of analysts points to an estimated 'Average Steel Product Price per ton' of 2417 dollars per tonne. Compared to the present estimate, the company reported 2331 dollars per tonne in the same quarter last year.
The combined assessment of analysts suggests that 'Average sales price per ton (Steel) - Total Steel Mills' will likely reach 1183 dollars per tonne. Compared to the present estimate, the company reported 1041 dollars per tonne in the same quarter last year.
According to the collective judgment of analysts, 'Sales Tons to outside customer (Steel) - Sheet' should come in at 2775 thousands of tons. The estimate compares to the year-ago value of 2449 thousands of tons.
It is projected by analysts that the 'Sales Tons to outside customer (Steel) - Bars' will reach 1625 thousands of tons. The estimate is in contrast to the year-ago figure of 1507 thousands of tons.
The consensus among analysts is that 'Sales Tons to outside customer (Steel) - Structural' will reach 559 thousands of tons. The estimate compares to the year-ago value of 513 thousands of tons.
Analysts forecast 'Sales Tons to outside customer (Steel) - Plate' to reach 652 thousands of tons. The estimate is in contrast to the year-ago figure of 575 thousands of tons.
View all Key Company Metrics for Nucor here>>>
Over the past month, shares of Nucor have returned -2.7% versus the Zacks S&P 500 composite's +0.3% change. Currently, NUE carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Nucor (NUE - Free Report) closed at $233.20 in the latest trading session, marking a +1.07% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.89%. Meanwhile, the Dow gained 0.74%, and the Nasdaq, a tech-heavy index, added 1.29%.
Coming into today, shares of the steel company had lost 5.79% in the past month. In that same time, the Basic Materials sector lost 8.24%, while the S&P 500 lost 0.63%.
The investment community will be closely monitoring the performance of Nucor in its forthcoming earnings report. The company is scheduled to release its earnings on July 27, 2026. In that report, analysts expect Nucor to post earnings of $4.52 per share. This would mark year-over-year growth of 73.85%. Meanwhile, the latest consensus estimate predicts the revenue to be $9.87 billion, indicating a 16.71% increase compared to the same quarter of the previous year.
NUE's full-year Zacks Consensus Estimates are calling for earnings of $17.59 per share and revenue of $38.34 billion. These results would represent year-over-year changes of +128.15% and +17.99%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Nucor. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 5.74% higher within the past month. Nucor presently features a Zacks Rank of #2 (Buy).
Looking at valuation, Nucor is presently trading at a Forward P/E ratio of 13.12. This signifies a discount in comparison to the average Forward P/E of 13.27 for its industry.
It's also important to note that NUE currently trades at a PEG ratio of 0.53. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Steel - Producers industry currently had an average PEG ratio of 0.41 as of yesterday's close.
The Steel - Producers industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 42, this industry ranks in the top 18% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Nucor Corporation has outperformed the market since 2021, driven by infrastructure and data center tailwinds, but its valuation now reflects these positives. I closely monitor Q2 earnings for signs of sustained earnings power, particularly volume growth versus pricing, and management's guidance for Q3. Emerging risks include global steel overcapacity, cost inflation, and potential margin compression, which could threaten NUE's current earnings trajectory.
Nucor (NUE - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 27. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis steel company is expected to post quarterly earnings of $4.63 per share in its upcoming report, which represents a year-over-year change of +78.1%.
Revenues are expected to be $9.87 billion, up 16.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 6.92% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Nucor?For Nucor, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that Nucor will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Nucor would post earnings of $2.79 per share when it actually produced earnings of $3.23, delivering a surprise of +15.77%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Nucor doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAnother stock from the Zacks Steel - Producers industry, Cleveland-Cliffs (CLF - Free Report) , is soon expected to post loss of $0.18 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +64%. Revenues for the quarter are expected to be $5.15 billion, up 4.4% from the year-ago quarter.
The consensus EPS estimate for Cleveland-Cliffs has been revised 45.3% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -17.81%.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP makes it difficult to conclusively predict that Cleveland-Cliffs will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Nucor (NYSE:NUE – Get Free Report) is projected to release its Q2 2026 results after the market closes on Monday, July 27th. Analysts expect the company to announce earnings of $4.45 per share and revenue of $10.1402 billion for the quarter. Investors can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, July 28, 2026 at 10:00 AM ET.
Nucor (NYSE:NUE – Get Free Report) last announced its earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share for the quarter, beating the consensus estimate of $2.82 by $0.41. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The firm had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $8.88 billion. During the same quarter in the previous year, the business earned $0.77 EPS. The firm’s revenue for the quarter was up 21.3% on a year-over-year basis. On average, analysts expect Nucor to post $18 EPS for the current fiscal year and $19 EPS for the next fiscal year.
Nucor Trading Up 0.1% NYSE:NUE opened at $236.77 on Monday. The stock has a market cap of $53.92 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 0.54 and a beta of 1.91. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.55 and a current ratio of 2.90. Nucor has a 1 year low of $131.32 and a 1 year high of $270.90. The business has a fifty day moving average of $239.20 and a 200-day moving average of $201.90.
Nucor Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 11th. Investors of record on Tuesday, June 30th will be given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, June 30th. Nucor’s dividend payout ratio is currently 22.18%.
Analyst Ratings Changes Several equities analysts have commented on NUE shares. Morgan Stanley raised their target price on shares of Nucor from $227.00 to $258.00 and gave the company an “equal weight” rating in a research note on Monday, June 22nd. Wells Fargo & Company decreased their price objective on shares of Nucor from $292.00 to $283.00 and set an “overweight” rating for the company in a report on Thursday, June 18th. Zacks Research cut shares of Nucor from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Bank of America lowered their price objective on shares of Nucor from $290.00 to $280.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Finally, The Goldman Sachs Group boosted their target price on Nucor from $260.00 to $284.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Twelve research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Nucor currently has a consensus rating of “Moderate Buy” and a consensus target price of $266.31.
Check Out Our Latest Analysis on NUE
Insider Buying and Selling In other news, EVP Daniel R. Needham sold 12,888 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $226.00, for a total transaction of $2,912,688.00. Following the completion of the sale, the executive vice president owned 89,724 shares in the company, valued at approximately $20,277,624. This represents a 12.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John J. Hollatz sold 10,560 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $258.46, for a total value of $2,729,337.60. Following the sale, the executive vice president directly owned 97,865 shares of the company’s stock, valued at approximately $25,294,187.90. This represents a 9.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 82,378 shares of company stock worth $18,963,930. 0.62% of the stock is owned by insiders.
Institutional Trading of Nucor A number of hedge funds have recently bought and sold shares of NUE. Strive Financial Group LLC purchased a new stake in shares of Nucor in the 4th quarter valued at approximately $27,000. Stance Capital LLC acquired a new stake in Nucor during the 3rd quarter valued at $25,000. Mcguire Capital Advisors Inc. acquired a new stake in Nucor during the 4th quarter valued at $32,000. DV Equities LLC purchased a new stake in shares of Nucor in the fourth quarter valued at $52,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of Nucor by 81.8% in the first quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock worth $41,000 after buying an additional 153 shares during the period. 76.48% of the stock is owned by hedge funds and other institutional investors.
About Nucor (Get Free Report)
Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.
Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.
Further Reading Five stocks we like better than Nucor Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
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California Public Employees Retirement System boosted its position in shares of Nucor Corporation (NYSE:NUE – Free Report) by 19.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 510,331 shares of the basic materials company’s stock after purchasing an additional 82,668 shares during the quarter. California Public Employees Retirement System owned 0.22% of Nucor worth $86,297,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Nucor by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 28,407,540 shares of the basic materials company’s stock worth $4,633,554,000 after purchasing an additional 144,038 shares in the last quarter. Morgan Stanley increased its position in shares of Nucor by 1.1% in the 4th quarter. Morgan Stanley now owns 3,853,205 shares of the basic materials company’s stock valued at $628,497,000 after buying an additional 41,728 shares in the last quarter. Norges Bank acquired a new stake in Nucor during the 4th quarter worth $609,002,000. Nordea Investment Management AB raised its stake in Nucor by 11.1% during the 4th quarter. Nordea Investment Management AB now owns 2,103,000 shares of the basic materials company’s stock worth $342,642,000 after buying an additional 210,577 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Nucor by 3.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,919,883 shares of the basic materials company’s stock worth $313,152,000 after buying an additional 56,565 shares during the period. 76.48% of the stock is currently owned by institutional investors and hedge funds.
Nucor Price Performance Shares of NYSE NUE opened at $236.77 on Monday. The company has a fifty day moving average price of $239.20 and a 200 day moving average price of $201.90. The firm has a market cap of $53.92 billion, a PE ratio of 23.44, a PEG ratio of 0.54 and a beta of 1.91. The company has a current ratio of 2.90, a quick ratio of 1.55 and a debt-to-equity ratio of 0.30. Nucor Corporation has a 1-year low of $131.32 and a 1-year high of $270.90.
Nucor (NYSE:NUE – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.82 by $0.41. The firm had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $8.88 billion. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The company’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter last year, the business posted $0.77 EPS. Research analysts predict that Nucor Corporation will post 17.68 earnings per share for the current fiscal year.
Nucor Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.56 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.9%. Nucor’s dividend payout ratio (DPR) is presently 22.18%.
Wall Street Analyst Weigh In A number of research analysts have issued reports on the company. CICC Research assumed coverage on Nucor in a research note on Monday, May 25th. They issued an “outperform” rating for the company. KeyCorp raised Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 price target on the stock in a research report on Wednesday, June 24th. Bank of America cut their price objective on Nucor from $290.00 to $280.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Weiss Ratings upgraded Nucor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Finally, Wall Street Zen raised Nucor from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Twelve research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $266.31.
Check Out Our Latest Report on Nucor
Insiders Place Their Bets In other Nucor news, EVP Allen C. Behr sold 10,096 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $226.08, for a total transaction of $2,282,503.68. Following the completion of the transaction, the executive vice president owned 62,871 shares of the company’s stock, valued at $14,213,875.68. This represents a 13.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Bradley Ford sold 2,240 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $232.13, for a total transaction of $519,971.20. Following the transaction, the executive vice president directly owned 43,649 shares of the company’s stock, valued at $10,132,242.37. This represents a 4.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 82,378 shares of company stock worth $18,963,930 in the last 90 days. Company insiders own 0.62% of the company’s stock.
About Nucor (Free Report)
Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.
Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.
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Decker Wealth Management LLC acquired a new stake in shares of Nucor Corporation (NYSE:NUE – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 39,858 shares of the basic materials company’s stock, valued at approximately $6,740,000. Nucor comprises approximately 1.5% of Decker Wealth Management LLC’s holdings, making the stock its 27th biggest holding.
Other hedge funds have also recently made changes to their positions in the company. RKL Wealth Management LLC raised its stake in Nucor by 0.9% in the 1st quarter. RKL Wealth Management LLC now owns 5,318 shares of the basic materials company’s stock worth $899,000 after acquiring an additional 48 shares during the last quarter. Empirical Asset Management LLC grew its stake in Nucor by 2.6% during the 4th quarter. Empirical Asset Management LLC now owns 2,130 shares of the basic materials company’s stock valued at $347,000 after purchasing an additional 54 shares during the last quarter. Krilogy Financial LLC grew its stake in Nucor by 4.1% during the 4th quarter. Krilogy Financial LLC now owns 1,531 shares of the basic materials company’s stock valued at $272,000 after purchasing an additional 61 shares during the last quarter. Bartlett & CO. Wealth Management LLC increased its holdings in shares of Nucor by 49.2% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 191 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 63 shares during the period. Finally, IHT Wealth Management LLC increased its holdings in shares of Nucor by 2.0% in the fourth quarter. IHT Wealth Management LLC now owns 3,306 shares of the basic materials company’s stock valued at $539,000 after purchasing an additional 64 shares during the period. 76.48% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets In other news, EVP Randy J. Spicer sold 2,500 shares of Nucor stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $225.00, for a total transaction of $562,500.00. Following the completion of the transaction, the executive vice president directly owned 20,510 shares of the company’s stock, valued at $4,614,750. The trade was a 10.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Allen C. Behr sold 10,096 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $226.08, for a total transaction of $2,282,503.68. Following the completion of the transaction, the executive vice president owned 62,871 shares of the company’s stock, valued at approximately $14,213,875.68. This represents a 13.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 82,378 shares of company stock worth $18,963,930. Corporate insiders own 0.62% of the company’s stock.
Nucor Stock Performance NYSE NUE opened at $236.77 on Monday. The firm has a market capitalization of $53.92 billion, a P/E ratio of 23.44, a PEG ratio of 0.54 and a beta of 1.91. The stock has a 50-day simple moving average of $239.20 and a two-hundred day simple moving average of $201.90. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.55 and a current ratio of 2.90. Nucor Corporation has a fifty-two week low of $131.32 and a fifty-two week high of $270.90.
Nucor (NYSE:NUE – Get Free Report) last issued its earnings results on Monday, April 27th. The basic materials company reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.41. The firm had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $8.88 billion. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The company’s revenue was up 21.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.77 earnings per share. On average, equities analysts forecast that Nucor Corporation will post 17.68 earnings per share for the current year.
Nucor Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th will be issued a $0.56 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. Nucor’s payout ratio is presently 22.18%.
Analyst Upgrades and Downgrades A number of research firms recently commented on NUE. Seaport Research Partners lifted their target price on Nucor from $245.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Barclays increased their price target on shares of Nucor from $270.00 to $272.00 and gave the stock an “overweight” rating in a report on Wednesday. BMO Capital Markets raised their price target on shares of Nucor from $250.00 to $285.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Wells Fargo & Company reduced their price target on shares of Nucor from $292.00 to $283.00 and set an “overweight” rating for the company in a research report on Thursday, June 18th. Finally, KeyCorp upgraded shares of Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 price objective for the company in a research note on Wednesday, June 24th. Twelve analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $266.31.
Check Out Our Latest Stock Report on NUE
About Nucor (Free Report)
Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.
Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.
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Stock to Watch: Nucor (NUE - Free Report) Headquartered in Charlotte, NC, Nucor Corporation is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States. It also produces direct reduced iron (“DRI”) that is used in its steel mills. The company has 123 operating facilities, primarily in the United States and Canada. Also, most of its operating facilities and customers are located in North America.
NUE is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 13.4; value investors should take notice.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $2.32 to $17.68 per share. NUE boasts an average earnings surprise of +8.1%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, NUE should be on investors' short list.
Nucor (NUE - Free Report) closed the most recent trading day at $236.87, moving +1.16% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.38% for the day. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq gained 0.62%.
The steel company's shares have seen a decrease of 9.62% over the last month, not keeping up with the Basic Materials sector's loss of 6.47% and the S&P 500's gain of 1.61%.
The investment community will be closely monitoring the performance of Nucor in its forthcoming earnings report. The company is scheduled to release its earnings on July 27, 2026. It is anticipated that the company will report an EPS of $4.63, marking a 78.08% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $9.87 billion, indicating a 16.71% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $17.68 per share and a revenue of $38.34 billion, indicating changes of +129.31% and +17.99%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Nucor. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 7.59% upward. At present, Nucor boasts a Zacks Rank of #2 (Buy).
Investors should also note Nucor's current valuation metrics, including its Forward P/E ratio of 13.24. For comparison, its industry has an average Forward P/E of 13.24, which means Nucor is trading at no noticeable deviation to the group.
One should further note that NUE currently holds a PEG ratio of 0.53. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. NUE's industry had an average PEG ratio of 0.42 as of yesterday's close.
The Steel - Producers industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 72, which puts it in the top 30% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Nucor (NUE - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.
Nucor is a member of the Basic Materials sector. This group includes 275 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Nucor is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for NUE's full-year earnings has moved 43.3% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, NUE has returned 43.6% so far this year. Meanwhile, the Basic Materials sector has returned an average of 7.2% on a year-to-date basis. As we can see, Nucor is performing better than its sector in the calendar year.
One other Basic Materials stock that has outperformed the sector so far this year is Teck Resources Ltd (TECK - Free Report) . The stock is up 25.5% year-to-date.
Over the past three months, Teck Resources Ltd's consensus EPS estimate for the current year has increased 32.3%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Nucor belongs to the Steel - Producers industry, a group that includes 17 individual stocks and currently sits at #72 in the Zacks Industry Rank. On average, stocks in this group have gained 31.3% this year, meaning that NUE is performing better in terms of year-to-date returns.
On the other hand, Teck Resources Ltd belongs to the Mining - Miscellaneous industry. This 85-stock industry is currently ranked #206. The industry has moved +13.6% year to date.
Investors with an interest in Basic Materials stocks should continue to track Nucor and Teck Resources Ltd. These stocks will be looking to continue their solid performance.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) second quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair and Chief Executive Officer. This conference call will include a review of Nucor's results for the second quarter ended July 4, 2026, followed by a question-and-answer session. The event will be available on the internet on July 28, 2026, at 10:00 a.m. Eastern Time.
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
Key Takeaways Nucor returned about $1.2B to shareholders in 2025 and roughly $630M year to date through June 17, 2026.NUE ended first-quarter 2026 with about $3.2B in liquidity and generated $886M in operating cash flow.NUE targets returning at least 40% of earnings to shareholders while funding growth projects and cutting debt. Nucor Corporation (NUE - Free Report) is maximizing its returns to shareholders by leveraging its strong balance sheet and cash flows. It returned around $1.2 billion to its shareholders in 2025 through dividends and share repurchases, representing nearly 70% of net earnings. Returns to its shareholders were $254 million in the first quarter. Nucor has returned roughly $630 million through share buybacks and dividends year to date till June 17, 2026.
It ended first-quarter 2026 with strong liquidity of roughly $3.2 billion, including cash and cash equivalents of around $2.2 billion. It also generated cash from operations of $886 million in the quarter.
The company, in December 2025, raised its quarterly dividend to 56 cents per share from 55 cents. Nucor has increased its regular dividend for 53 straight years since it started paying dividends in 1973. It remains committed to its policy of returning at least 40% of earnings to its shareholders.
NUE offers a dividend yield of 1% at the current stock price. Its payout ratio is 22% (a ratio below 60% is a good indicator that the dividend will be sustainable), with a five-year annualized dividend growth rate of 4.2%. Backed by strong financial health, the company's dividend is perceived to be safe and reliable.
Nucor is executing a well-defined capital allocation policy using its substantial cash generation to drive shareholder value, fund its growth projects and reduce debt. With a rock-solid balance sheet underpinned by a strong credit profile, NUE remains well-placed to continue this shareholder-focused strategy.
Among its peers, Steel Dynamics, Inc. (STLD - Free Report) remains committed to maximizing shareholder returns. Steel Dynamics bought back shares worth $115 million in the first quarter. STLD also raised its quarterly dividend by 6% to 53 cents per share in February 2026. During the second quarter of 2026, Steel Dynamics repurchased $170 million of its common stock, as announced recently.
Commercial Metals Company (CMC - Free Report) is also pursuing a disciplined capital allocation strategy, capitalizing on its solid balance sheet and cash flow profile. Commercial Metals repurchased shares worth $18.9 million during the fiscal third quarter and kept its quarterly dividend at 20 cents per share. CMC generated cash of $603 million from operating activities for the nine months ended May 31, 2026, up from roughly $400 million in the year-ago period.
NUE’s Price Performance, Valuation & EstimatesNucor has gained 39.4% year to date against the Zacks Steel Producers industry’s growth of 26.5%.
Image Source: Zacks Investment Research
From a valuation standpoint, NUE is currently trading at a forward 12-month earnings multiple of 12.53, a roughly 11.9% premium to the industry average of 11.2X. It carries a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NUE’s 2026 earnings implies a year-over-year rise of 129.3%. The EPS estimates for 2026 have been trending higher over the past 60 days.
