Track market-moving stories before they get noisy

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. 

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 (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.

Posted by Defense World Staff on Jul 20th, 2026

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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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

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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.

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.

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.

Image Source: Zacks Investment Research

Calgary, Alberta and Vancouver, British Columbia--(Newsfile Corp. - July 6, 2026) - NUE Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (FSE: NUE1) ("NUE" or the "Company") today announced a 50/50 joint venture (the "JV") with Green Harbor Partners Corp. ("Green Harbor") that pairs Korean turbine and reciprocating-engine supply with development and GPU financing to serve data centre, AI, high-performance compute, and other large-load power customers across Canada and the United States. The JV is the next step in a deepening relationship between the two companies and a shared move toward vertical integration across the power value chain.

Gas and reciprocating-engine capacity has become the single hardest item to secure in the AI build-out. Western OEM order books for large turbines now stretch years, leaving developers and hyperscalers waiting behind a queue they cannot move. The JV attacks that constraint directly: Green Harbor's relationships with several of Korea's largest generation-equipment manufacturers are expected to open delivery windows that compare favourably to typical Western lead times, while NUE originates, develops, and interconnects the sites that equipment serves.

A Deepening Relationship, Now Vertically Integrated

The JV further advances an already burgeoning NUE-Green Harbor partnership in power generation. Green Harbor is already in advanced discussions to acquire NUE's Alberta solar and storage assets, and has partnered with NUE on Korean equipment supply and GPU financing. This venture brings those threads together into a single, coordinated platform: site development, generation equipment, and compute-capex financing under one relationship, rather than three separate problems a customer has to solve alone. It also reflects the current reality of the market, in which large loads are increasingly served by newly formed behind-the-meter generation that sidesteps multi-year grid interconnection queues.

The significance of the venture lies in Green Harbor's standing. Formerly Sprott Korea, Green Harbor manages and advises on more than 2.5 GW of global power generation assets and has operated in Korean and international power markets since 2012. Its equipment relationships and capital network are therefore not introductions on paper but the working relationships of an established institutional operator, which is what gives NUE credible access to Korean generation equipment on accelerated timelines, and to the financing that sits alongside it. For a development-stage company, aligning with a partner of that scale materially strengthens NUE's ability to convert early-stage opportunities into shovel-ready projects that infrastructure capital can fund and build.

For NUE, the JV is a capital-efficient extension of its develop-to-divest model: originate and advance early-stage power and digital-infrastructure opportunities, then monetize them through partnerships, royalties, development fees, and project-level structures, not a commitment to own or operate large-scale generation on its balance sheet.

Areas of Collaboration

On a project-by-project basis, the parties expect to pursue:

Site origination and development led by NUE: land, interconnection, permitting, EPC coordination, and offtake structuring;

Korean generation-equipment procurement supported by Green Harbor's manufacturer relationships, subject to availability, technical suitability, and pricing; and

GPU, AI-hardware, and project-level financing structures for creditworthy customers, subject to underwriting and definitive documentation.

AI Infrastructure Team

Jonathan Martone has joined NUE as Head of Offtake, leading commercial structuring and offtake origination across the portfolio, with a focus on power purchase agreements, customer engagement, and integrated power-and-compute structures. Mr. Martone brings more than two decades across data centres, interconnection, dark fibre, and power generation, including senior roles at Netrality Data Centers, Cyxtera Technologies, and CenturyLink.

Management Commentary

"Turbine lead times have become the gating item for AI infrastructure, and GPU capex is the second. This venture brings both within reach: production slots with Korea's largest turbine and engine makers, on windows the market can actually build to, paired with financing that lets creditworthy operators match compute capex to their revenue. With NUE's development platform in North America, we can put power, equipment, and financing in front of a customer as one decision, not three."

Jay Lee, Chief Executive Officer, Green Harbor Partners

"NUE is, and remains, an energy infrastructure developer. We get in early, advance projects through the hardest stages, and monetize them with the partners who scale them. This joint venture is the natural evolution of our relationship with Green Harbor: it vertically integrates equipment supply and capex financing around our development platform, so we can offer customers turbine delivery on a timeline the market can build to and financing for the hardware that runs on it. That expands our revenue, strengthens our core development business, and lets us bring large-scale capital partners to the table against the two constraints gating the AI build-out today."

Broderick Gunning, Chief Executive Officer, NUE Power Corp.

The letter of intent governing the JV is non-binding except for customary provisions relating to exclusivity, confidentiality, non-circumvention, costs, governing law, and dispute resolution, and remains subject to the negotiation and execution of definitive agreements. There is no assurance that definitive agreements will be reached or that any project will advance to financing, construction, or commercial operation.

About NUE Power Corp.

NUE Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (FSE: NUE1) is an energy infrastructure development company focused on the origination, development, and advancement of integrated power and energy-park opportunities. Operating a develop-to-divest model, the Company emphasizes strategic site positioning, grid access, and disciplined stage-gated development across markets serving compute-intensive and large-load industrial demand.

About Green Harbor Partners Corp.

Green Harbor Partners Corp. (formerly Sprott Korea) is a Seoul-based private equity investment firm specializing in renewable energy and infrastructure. Originally founded in 2012, the firm rebranded to Green Harbor following Sprott Inc.'s divestiture of its Korean business, and today manages and advises on more than 2.5 GW of global power generation assets. Any role Green Harbor may play in connection with NUE projects remains subject to definitive agreements and project-specific approvals.

Green Harbor Partners: At a Glance

MetricEstimateOwnershipPrivate companyFounded2012HeadquartersSeoul, South KoreaRenewable assets managed / advised2.5+ GWEstimated portfolio valueUS$3-5+ billionPortfolio value is an estimate; Green Harbor is privately held and does not publicly disclose financial results.

Contact Information

Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable securities laws, identified by words such as "anticipates," "intends," "expects," "estimates," "potential," "may," and "will." Forward-looking information is based on material assumptions, including: that the parties negotiate and execute definitive agreements on acceptable terms; the continued availability of generation equipment through Green Harbor's supply relationships on anticipated timelines and pricing; the availability of equipment, GPU or AI-hardware, and project-level financing on acceptable terms; the provision of satisfactory credit support by customers or counterparties; that discussions regarding the potential acquisition of the Lethbridge Two and Lethbridge Three projects by Green Harbor continue and are completed on acceptable terms; and the receipt of required regulatory, stock-exchange, and corporate approvals.

Actual results may differ materially due to risks including: that the letter of intent is non-binding and definitive agreements may not be reached; that equipment sourcing, pricing, and delivery timelines depend on third-party manufacturers and may not be achieved; that tariffs, trade restrictions, or changes in import/export policy could affect the cost, availability, or timing of equipment sourced through Green Harbor's Korean manufacturer relationships; that equipment, GPU or AI-hardware, or project-level financing remains subject to credit underwriting, capital availability, and definitive documentation; that counterparties may fail to perform or provide required credit support; that the potential separate acquisition of the Lethbridge Two and Lethbridge Three projects is subject to satisfactory due diligence and definitive documentation and may not be completed; that the Company may not realize the anticipated benefits of the joint venture, including expected revenue growth or strengthening of its development business; that information regarding Green Harbor's scale, assets under management, and portfolio value is provided by Green Harbor, has not been independently verified by the Company, and may not be accurate; and other risks customary to CSE-listed issuers. Additional risk factors are described in the Company's continuous disclosure available on SEDAR+ at www.sedarplus.ca. Except as required by law, the Company undertakes no obligation to update forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304028

Source: NU E Power Corp.

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On June 29, 2026, Nucor Corp (NUE) shares fell 4.7% to $228.58, reflecting a decline of 6.7% over the past week and 8.6% over the past month. The stock has expe

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The Zacks Steel Producers industry is poised to benefit from an uptick in steel prices. A resilient non-residential construction market and recovering demand in the automotive space also act as tailwinds for the industry.

Higher U.S. steel prices have created a favorable landscape for American steel producers. Tightened supply and higher end-market demand are driving steel prices. Players from the industry, such as Nucor Corporation (NUE - Free Report) , Ternium S.A. (TX - Free Report) , Gerdau S.A. (GGB - Free Report) and L.B. Foster Company (FSTR - Free Report) are set to benefit from these trends.

About the Industry The Zacks Steel Producers industry serves a vast spectrum of end-use industries, such as automotive, construction, appliance, container, packaging, industrial machinery, mining equipment, transportation, and oil and gas, with various steel products. These products include hot-rolled and cold-rolled coils and sheets, hot-dipped and galvanized coils and sheets, reinforcing bars, billets and blooms, wire rods, strip mill plates, standard and line pipe, and mechanical tubing products. Steel is primarily produced using two methods — Blast Furnace and Electric Arc Furnace. It is regarded as the backbone of the manufacturing industry. The automotive and construction markets have historically been the largest consumers of steel. The housing and construction sector accounts for roughly half of the world’s total steel consumption.

What's Shaping the Future of the Steel Producers' Industry? Elevated Steel Prices Bode Well: U.S. steel prices recovered in the fourth quarter of 2025, following the lows seen in the third quarter, and the momentum continued in the first quarter of 2026. Overall demand weakness and abundant steel mill output dragged benchmark hot-rolled coil (“HRC”) prices below $800 per short ton in late August and continuing through early September. HRC prices rebounded in the fourth quarter on major steel mills' price increase, extending lead times and tightening supply, partly due to plant outages and reduced imports driven by tariffs. The recovery, which has been more pronounced since November, has led to HRC prices surging to above $1,100 per short ton. Global steel prices have also increased due to supply constraints driven by China’s steel output reductions, as well as price hikes by steel mills amid higher raw material, energy and freight costs triggered by the Middle East Conflict.

Steady Demand in Major Markets: Automotive is a significant market for steel producers. A slowdown in global automotive production curtailed steel consumption in this key end market last year. High interest rates, along with concerns over economic slowdown and tariffs, put pressure on the automotive market. The automotive market is expected to rebound this year, driven by the adoption of electric vehicles as governments globally push for carbon neutrality. Improving affordability, strong demand for hybrids and promotional incentives are expected to drive new vehicle sales. Steel demand in the automotive sector is gaining traction, and the recovery momentum is likely to continue this year as auto build rates increase. Order activities in the non-residential construction market remain strong, underscoring the inherent strength of this industry. Firm demand in non-residential construction is expected to continue, aided by sustained infrastructure spending. In the energy space, pipeline and drilling activities remain steady, aiding demand for tubular steel.

Sluggishness in China a Concern: Steel demand in China, the world’s top consumer of the commodity, has softened due to a slowdown in the country’s economy, following a protracted property crisis and weak global demand. The real estate sector has taken a hard hit amid a decline in new home prices, property investment and housing sales. Notably, real estate accounts for roughly 40% of China's steel consumption. A slowdown in manufacturing activities has led to a contraction in demand for steel in China. The manufacturing sector has taken a beating due to weaker external demand for manufactured goods and a slowdown in infrastructure spending. China has also seen a slowdown in the construction sector. The sluggishness in these key steel-consuming sectors is expected to hurt demand for steel over the short term.

Zacks Industry Rank Indicates Upbeat Prospects The Zacks Steel Producers industry is part of the broader Zacks Basic Materials Sector. It carries a Zacks Industry Rank #40, which places it in the top 16% of more than 250 Zacks industries.

The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all member stocks, indicates a bright near-term. 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.

Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture.

Industry Outperforms Sector and S&P 500 The Zacks Steel Producers industry has outperformed both the Zacks S&P 500 composite and the broader Zacks Basic Materials sector over the past year.

The industry has gained 97.3% over this period compared with the S&P 500’s rise of 29.9% and the broader sector’s increase of 39.4%.

One-Year Price Performance
Industry's Current Valuation On the basis of the trailing 12-month enterprise value-to EBITDA (EV/EBITDA) ratio, which is a commonly used multiple for valuing steel stocks, the industry is currently trading at 20.67X, above the S&P 500’s 18.76X and the sector’s 13.95X.

Over the past five years, the industry has traded as high as 21.13X, as low as 2.76X and at the median of 8.49X, as the chart below shows.

Enterprise Value/EBITDA (EV/EBITDA) RatioEnterprise Value/EBITDA (EV/EBITDA) Ratio

4 Steel Producer Stocks to Watch Nucor: Charlotte, NC-based Nucor makes steel and steel products with operating facilities in the United States, Canada and Mexico. Nucor is expected to gain from the strength in the non-residential construction market. The company remains focused on achieving greater penetration in the automotive market. Nucor should also benefit from considerable market opportunities from its strategic investments in its most significant growth projects. NUE remains committed to boosting production capacity, which should drive growth and strengthen its position as a low-cost producer. Nucor is maximizing its returns to its shareholders by leveraging its strong balance sheet and cash flows.

Nucor sports a Zacks Rank #1 (Strong Buy). It has an expected earnings growth of 103.8% for 2026. The Zacks Consensus Estimate for NUE’s 2026 earnings has moved up 30.4% in the past 60 days. You can see the complete list of today’s Zacks #1 Rank stocks here.

Price and Consensus: NUE

Ternium: Based in Luxembourg, Ternium is a leading producer of flat and long steel products in Latin America. It is expected to benefit from healthy demand for steel products and higher steel prices across key markets. Its shipments in Mexico are aided by a recovery in demand in the commercial market following last year’s destocking. Infrastructure projects are expected to contribute to demand, supporting shipments. Demand in automotive remains strong in Brazil, while trade measures taken by the government have led to improved fundamentals in that country. The company is also benefiting from the cost competitiveness of its facilities. It is taking actions to boost liquidity and strengthen its financial position.

Ternium carries a Zacks Rank #1. It has expected earnings growth of 118% for 2026. The consensus estimate for TX’s 2026 earnings has been revised upward by 17.1% over the last 60 days.

Price and Consensus: TX

L.B. Foster: Pennsylvania-based L.B. Foster provides innovative solutions to rail, construction and energy markets to build and maintain their critical infrastructure. L.B. Foster is gaining from a favorable product mix and strategic transformation initiatives. Its business portfolio actions and profitability initiatives are driving results. The company is benefiting from a strong rebound in rail demand, driving volumes in its Rail Products business. FSTR is also seeing strong demand in its Precast Concrete business. FSTR remains committed to its capital allocation priorities while investing in organic growth and acquisition opportunities.

L.B. Foster, carrying a Zacks Rank #1, has expected earnings growth of 152.2% for 2026. The Zacks Consensus Estimate for FSTR’s 2026 earnings has been revised upward by 12.3% over the last 60 days.

Price and Consensus: FSTR

Gerdau: Brazil-based Gerdau is the largest steel producer in Brazil. It is one of the leading producers of long steel in the Americas and special steel globally. GGB is expected to benefit from a rebound in domestic demand for steel and improved prices. The strength in non-residential construction and renewable energy is driving its shipments in North America. The company remains focused on delivering higher-value-added products to the domestic market. Order backlog remains strong in North America, and is likely to continue to drive volumes. Actions to improve product mix are also expected to support sales growth.

Gerdau carries a Zacks Rank #2 (Buy). It has expected earnings growth of 89.7% for 2026. The Zacks Consensus Estimate for GGB’s earnings for 2026 has moved up 7.8% over the last 60 days.

Price and Consensus: GGB
 

Nucor (NUE - Free Report) closed at $243.83 in the latest trading session, marking a -3.47% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.09%. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq appreciated by 1.91%.

The steel company's stock has climbed by 11.93% in the past month, exceeding the Basic Materials sector's gain of 1.77% and the S&P 500's gain of 0.29%.

Market participants will be closely following the financial results of Nucor in its upcoming release. On that day, Nucor is projected to report earnings of $4.44 per share, which would represent year-over-year growth of 70.77%. Alongside, our most recent consensus estimate is anticipating revenue of $9.79 billion, indicating a 15.82% upward movement from the same quarter last year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $15.71 per share and a revenue of $37.4 billion, representing changes of +103.76% and +15.09%, respectively, from the prior year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Nucor. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 7.7% higher. Nucor presently features a Zacks Rank of #1 (Strong Buy).

Looking at valuation, Nucor is presently trading at a Forward P/E ratio of 16.08. This represents a premium compared to its industry average Forward P/E of 13.87.

We can additionally observe that NUE currently boasts a PEG ratio of 0.65. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Steel - Producers stocks are, on average, holding a PEG ratio of 0.48 based on yesterday's closing prices.

The Steel - Producers industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 43, placing it within the top 18% of over 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.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

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.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest 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 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 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 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 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 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 +24% 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 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.

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.

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 #1 (Strong Buy) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Basic Materials stock. NUE has a Momentum Style Score of A, and shares are up 7.7% over the past four weeks.

Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $3.66 to $15.71 per share. NUE also boasts an average earnings surprise of +8.1%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, NUE should be on investors' short list.

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Nucor (NUE - Free Report) , which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Nucor currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for NUE that show why this steel company shows promise as a solid momentum pick.

A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For NUE, shares are up 4.7% over the past week while the Zacks Steel - Producers industry is up 1.85% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 17.32% compares favorably with the industry's 8.94% performance as well.

While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Nucor have increased 67.96% over the past quarter, and have gained 118.46% in the last year. In comparison, the S&P 500 has only moved 11.66% and 24.19%, respectively.

Investors should also pay attention to NUE's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. NUE is currently averaging 1,355,389 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with NUE.

Over the past two months, 6 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost NUE's consensus estimate, increasing from $11.78 to $15.71 in the past 60 days. Looking at the next fiscal year, 6 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that NUE is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Nucor on your short list.

Nucor stands out in the U.S. steel sector, delivering an 86% price increase over the past year. NUE's risk profile is superior, with both standard deviation and beta significantly lower than peers like Cleveland-Cliffs. The Q1 2026 report has indicated that the company is in an excellent position to deliver better-than-expected results for the year.

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Healthcare Services Group, Inc. (HCSG - Free Report) : This company that manages housekeeping, laundry, dining, and nutritional services within the healthcare industry has seen the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days.

Nucor Corporation (NUE - Free Report) : This manufacturer of steel and steel products has seen the Zacks Consensus Estimate for its current year earnings increasing 14.4% over the last 60 days.

Nexa Resources S.A. (NEXA - Free Report) : This zinc mining and smelting company has seen the Zacks Consensus Estimate for its current year earnings increasing 22.4% over the last 60 days.

Liquidia Corporation (LQDA - Free Report) : This biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings increasing 22.3% over the last 60 days.

National Bankshares, Inc. (NKSH - Free Report) : This bank holding company for the National Bank of Blacksburg has seen the Zacks Consensus Estimate for its current year earnings increasing 15.3% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Nucor (NUE - Free Report) , which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Nucor currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if NUE is a promising momentum pick, let's examine some Momentum Style elements to see if this steel company holds up.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.

For NUE, shares are up 0.65% over the past week while the Zacks Steel - Producers industry is up 5.76% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 20.94% compares favorably with the industry's 11.11% performance as well.

While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Nucor have increased 25.15% over the past quarter, and have gained 93.2% in the last year. In comparison, the S&P 500 has only moved 8.63% and 27.99%, respectively.

Investors should also pay attention to NUE's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. NUE is currently averaging 1,626,453 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with NUE.

Over the past two months, 5 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost NUE's consensus estimate, increasing from $11.92 to $14.66 in the past 60 days. Looking at the next fiscal year, 5 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that NUE is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Nucor on your short list.

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A caller on The Indicator from Planet Money summed up the week’s lithium news in one line: “There is kind of a high environmental cost to getting this lithium out of the earth.”

The headline that prompted the call was striking. The US Geological Survey says the Appalachian region, mostly the Carolinas, holds about 2.3 million metric tons of lithium. That’s enough to cover more than 300 years of current US lithium imports, or to power 130 million electric vehicles.

When a resource discovery hits the news, retail money follows. The caller’s offhand observation flags the financial trap most readers should care about. The gap between “economically recoverable” reserves on paper and actual tons flowing through a battery supply chain is where small investors get hurt.

The Verdict: The Caller Is Right, and the Math Is Worse Than It Looks A discovery sits years away from production, and the gap between the two routinely runs 10 to 20 years. Anyone treating the USGS announcement as a buy signal for a domestic lithium portfolio is confusing geology with cash flow.

Even if the deposit is real and the company holds the rights, US permitting for hardrock pegmatite mining typically runs seven to 10 years. Add another three to five years to build processing infrastructure. During that window, the company funds itself through dilutive equity raises. A 50% share-count increase over a development decade is common.

The supply picture sharpens the point. One American company produces lithium domestically in Nevada. At the same time, the US imports more than half of its lithium from countries like Australia and China. The 300-year figure assumes full extraction at today’s consumption pace. EV battery demand is projected to grow several-fold this decade, so the real import-replacement clock is shorter and depends on capital, water rights, and processing capacity that do not yet exist at scale.

The financial concept worth learning here is option value with a long expiration. The Appalachian deposit is real. For an investor, it behaves like a deeply out-of-the-money call: the payoff requires successful extraction and continued battery demand at scale a decade or more from now. Pricing that option at headline value is the recurring mistake of thematic investing.

Who This Fits and Who Gets Burned The story fits a 35 to 50-year-old with a fully funded retirement account, no consumer credit card debt, and at least 15 years until retirement. A 2% to 3% sleeve of a diversified portfolio in a broad critical-minerals or battery-materials ETF, held through volatility, can capture supply-chain restructuring without single-stock blowup risk. The macro backdrop supports the long thesis: Nucor (NYSE: NUE | NUE Price Prediction) has a $4 billion West Virginia sheet mill that is roughly 85% complete, and a US trade deficit of about $57 billion in February keeps domestic sourcing on the policy agenda.

The story hurts a 60-year-old eyeing early retirement who reads the USGS release and shifts $50,000 from a target-date fund into a thinly traded miner. The development cycle outlasts the retirement runway. Lithium spot prices fell roughly 80% from their 2022 peak. A drawdown of that size inside a five-year window is the difference between retiring at 65 and working until 70.

What to Actually Do With This Headline Get exposure through breadth across funds. Screen broad battery materials or critical-minerals ETFs rather than single junior miners. Diversification is the cheapest hedge against permitting delays and dilution. Cap thematic commodity exposure at 5% of total portfolio. Use the remainder for index funds and bonds matched to your time horizon. Keep at least six months of expenses in a high-yield savings account so you are never forced to sell a 10-year story in year three. Read the share-count history before buying any miner. Pull the last 10-K. If the company has doubled its share count in five years, plan for it to double again before the first production. The caller’s environmental concern is grounded. The financial cost of ignoring development timelines is bigger. A 2.3 million ton deposit in the ground today funds nothing in your brokerage account this year. Treat the headline as a 15-year story, size the position accordingly, and the discovery becomes useful information rather than an expensive distraction.

Nucor (NUE - Free Report) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, NUE broke through the 20-day moving average, which suggests a short-term bullish trend.

The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.

Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.

Over the past four weeks, NUE has gained 6.3%. The company is currently ranked a Zacks Rank #1 (Strong Buy), another strong indication the stock could move even higher.

Looking at NUE's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 6 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.

With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on NUE for more gains in the near future.

On May 26, 2026, Nucor Corp NUE shares rose 3.6% to a current price of $240.29. The stock has experienced significant price movement recently, trading within a 52-week range of $106.21 to $240.43, showcasing a robust performance over the past year.

GF Value™ verdict: Currently priced at $240.29, NUE is approximately 42.1% overvalued compared to its GF Value™ estimate of $169.06.GF Score™: NUE has a GF Score™ of 93/100, indicating strong overall performance across key financial metrics.Most notable signal: Insider activity shows that insiders have sold $29.9 million worth of shares in the last three months, with no buying activity reported. Is NUE Overvalued or Undervalued? Nucor Corp's current price of $240.29 is significantly above the GF Value™ estimate of $169.06, which suggests that the stock is overvalued by approximately 42.1%. This disparity raises concerns regarding the margin of safety for potential investors, as buying at such a premium may expose them to greater risk should market conditions shift or expectations for future performance fail to materialize. The GF Valuation label classifies NUE as "Significantly Overvalued," indicating that the stock price is not supported by its underlying fundamentals at this time.

While Nucor has demonstrated strong financial performance in terms of growth and profitability, the current valuation presents a risk for new investments. Investors should consider this overvaluation in the context of market conditions and the company's future performance potential. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

How Does NUE's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 23.8x 9.9x Forward P/E 16.4x N/A The current P/E (TTM) ratio of 23.8x is significantly higher than its 5-year median P/E of 9.9x, indicating that NUE is trading at a premium compared to its historical valuation. This analysis aligns with the GF Value™ verdict, reinforcing the conclusion that NUE is overvalued based on historical earnings multiples.

What Does NUE's GF Score™ Tell Us? Metric Rating GF Score™ 93/100 Financial Strength 8/10 Profitability 9/10 Growth 9/10 Valuation 5/10 Momentum 9/10 Nucor's GF Score™ of 93/100 reflects its strong performance overall, particularly in profitability (9/10) and growth (9/10) categories. However, the valuation score of 5/10 indicates that the stock is not favorably positioned in terms of price relative to its intrinsic value. The financial strength rating of 8/10 further supports the company's solid foundation, yet the valuation concerns suggest caution for potential investors.

What Are Insiders Doing with NUE Stock? Recent insider activity has seen a significant sell-off, with insiders selling $29.9 million worth of shares in the last three months and no buying activity reported. This trend of selling could be interpreted as a lack of confidence in the stock's future performance at its current valuation levels. When insiders choose to sell rather than buy, it often raises questions about their expectations for the company's prospects and may signal potential risks for outside investors.

What This Means for Investors Based on the analysis of GF Value™, Nucor Corp NUE is currently viewed as overvalued. The significant disparity between the current price and the GF Value™ estimate suggests that potential investors may want to exercise caution and consider waiting for a more favorable entry point.

For the complete analysis, visit the Nucor Corp NUE stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is NUE's GF Score™?

NUE has a GF Score™ of 93/100, indicating strong overall performance across key financial metrics, which historically correlates with higher long-term returns.

Is NUE overvalued or undervalued?

Nucor Corp is currently considered overvalued, with a GF Value™ estimate of $169.06 compared to its current price of $240.29.

What is NUE's P/E ratio?

NUE's P/E (TTM) is 23.8x, which is significantly above its 5-year median P/E of 9.9x, indicating that the stock is trading at a premium compared to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Nucor (NUE - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Nucor currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if NUE is a promising momentum pick, let's examine some Momentum Style elements to see if this steel company holds up.

A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For NUE, shares are up 2.19% over the past week while the Zacks Steel - Producers industry is up 0.91% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 10.66% compares favorably with the industry's 11.67% performance as well.

While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of Nucor have increased 44.86% over the past quarter, and have gained 128.84% in the last year. On the other hand, the S&P 500 has only moved 10.24% and 29.77%, respectively.

Investors should also pay attention to NUE's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. NUE is currently averaging 1,235,016 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with NUE.

Over the past two months, 6 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost NUE's consensus estimate, increasing from $11.76 to $14.84 in the past 60 days. Looking at the next fiscal year, 6 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that NUE is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Nucor on your short list.

Nucor (NUE - Free Report) closed at $258.46 in the latest trading session, marking a +2.77% move from the prior day. This change outpaced the S&P 500's 0.13% gain on the day. Elsewhere, the Dow gained 0.45%, while the tech-heavy Nasdaq added 0.03%.

Coming into today, shares of the steel company had gained 11.37% in the past month. In that same time, the Basic Materials sector gained 3.24%, while the S&P 500 gained 5.25%.

Analysts and investors alike will be keeping a close eye on the performance of Nucor in its upcoming earnings disclosure. The company is predicted to post an EPS of $4.42, indicating a 70% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $9.76 billion, up 15.37% from the prior-year quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $14.84 per share and a revenue of $37.05 billion, signifying shifts of +92.48% and +14.01%, respectively, from the last year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Nucor. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 moved 8.82% higher. Nucor currently has a Zacks Rank of #1 (Strong Buy).

In terms of valuation, Nucor is presently being traded at a Forward P/E ratio of 16.95. This denotes a premium relative to the industry average Forward P/E of 15.87.

Also, we should mention that NUE has a PEG ratio of 0.67. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Steel - Producers industry had an average PEG ratio of 0.57 as trading concluded yesterday.

The Steel - Producers industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 80, this industry ranks in the top 33% of all industries, numbering over 250.

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.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on August 11, 2026 to stockholders of record on June 30, 2026 and is Nucor's 213th consecutive quarterly cash dividend.

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.

SOURCE Nucor Corporation

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