Several brokerages have updated their recommendations and price targets on shares of Nucor (NYSE: NUE) in the last few weeks:
- 3/26/2026 – Nucor was upgraded by UBS Group AG from “neutral” to “buy”. They now have a $190.00 price target on the stock, up from $184.00.
- 3/25/2026 – Nucor is now covered by KeyCorp. They set a “sector weight” rating on the stock.
- 3/20/2026 – Nucor had its price target raised by Wells Fargo & Company from $194.00 to $197.00. They now have an “overweight” rating on the stock.
- 3/16/2026 – Nucor had its price target raised by UBS Group AG from $183.00 to $184.00. They now have a “neutral” rating on the stock.
- 3/7/2026 – Nucor was downgraded by Wall Street Zen from “buy” to “hold”.
- 3/3/2026 – Nucor had its price target raised by BMO Capital Markets from $190.00 to $196.00. They now have an “outperform” rating on the stock.
- 3/2/2026 – Nucor had its price target raised by Wells Fargo & Company from $184.00 to $194.00. They now have an “overweight” rating on the stock.
- 1/31/2026 – Nucor was upgraded by Wall Street Zen from “hold” to “buy”.
- 1/30/2026 – Nucor had its price target raised by Seaport Research Partners from $170.00 to $185.00. They now have a “buy” rating on the stock.
- 1/28/2026 – Nucor was downgraded by UBS Group AG from “buy” to “neutral”. They now have a $183.00 price target on the stock.
- 1/28/2026 – Nucor had its price target raised by Wells Fargo & Company from $176.00 to $184.00. They now have an “overweight” rating on the stock.
Nucor Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.56 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.24 annualized dividend and a yield of 1.3%. Nucor’s payout ratio is presently 29.71%.
Insider Buying and Selling at Nucor
In other Nucor news, EVP Daniel R. Needham sold 3,881 shares of the company’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $178.00, for a total value of $690,818.00. Following the sale, the executive vice president owned 88,298 shares in the company, valued at approximately $15,717,044. The trade was a 4.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Kenneth Rex Query sold 7,452 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $196.02, for a total value of $1,460,741.04. Following the completion of the sale, the executive vice president directly owned 76,628 shares of the company’s stock, valued at approximately $15,020,620.56. The trade was a 8.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 26,401 shares of company stock worth $4,936,152. Insiders own 0.46% of the company’s stock.
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.
Read More
Receive News & Ratings for Nucor Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nucor Corporation and related companies with MarketBeat.com's FREE daily email newsletter.
