Nucor (NYSE:NUE) Issues Q2 2026 Earnings Guidance

Nucor (NYSE:NUE) updated its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.500-4.600 for the period, compared to the consensus earnings per share estimate of 4.300. The company issued revenue guidance of -.

Nucor Price Performance

Nucor stock opened at $244.26 on Friday. The business has a 50 day simple moving average of $229.16 and a 200 day simple moving average of $191.61. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.90 and a quick ratio of 1.55. The company has a market capitalization of $55.63 billion, a PE ratio of 24.18, a price-to-earnings-growth ratio of 0.65 and a beta of 1.88. Nucor has a one year low of $122.82 and a one year high of $270.90.

Nucor (NYSE:NUE) last announced its quarterly earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates of $2.82 by $0.41. The firm had revenue of $9.50 billion for the quarter, compared to analysts’ expectations of $8.88 billion. Nucor had a return on equity of 10.68% and a net margin of 6.82%.The business’s revenue was up 21.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.77 earnings per share. On average, sell-side analysts forecast that Nucor will post 15.71 EPS for the current fiscal year.

Nucor Dividend Announcement

The company 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 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 22.18%.

Nucor announced that its Board of Directors has initiated a share repurchase program on Friday, February 20th that permits the company to buyback $4.00 billion in shares. This buyback authorization permits the basic materials company to buy up to 9.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

NUE has been the topic of a number of recent analyst reports. Jefferies Financial Group boosted their price target on shares of Nucor from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. JPMorgan Chase & Co. raised their price objective on shares of Nucor from $240.00 to $282.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. BNP Paribas Exane lifted their target price on shares of Nucor from $210.00 to $248.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Morgan Stanley boosted their target price on Nucor from $180.00 to $227.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 29th. Finally, Wells Fargo & Company decreased their price target on Nucor from $292.00 to $283.00 and set an “overweight” rating on the stock in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $263.75.

Insider Activity

In other news, EVP John J. Hollatz sold 10,560 shares of the company’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 transaction of $2,729,337.60. Following the transaction, the executive vice president directly owned 97,865 shares in the company, valued at approximately $25,294,187.90. This represents a 9.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael D. Keller sold 4,554 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $225.86, for a total transaction of $1,028,566.44. Following the sale, the insider directly owned 16,834 shares in the company, valued at $3,802,127.24. This trade represents a 21.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 82,378 shares of company stock worth $18,963,930. 0.62% of the stock is currently owned by insiders.

Nucor News Roundup

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Nucor raised its second-quarter 2026 EPS outlook to $4.50-$4.60 adjusted, above the $4.30 consensus, signaling stronger-than-expected profitability. Nucor Announces Guidance for the Second Quarter of 2026 Earnings
• Positive Sentiment: Industry commentary highlighted Nucor as a beneficiary of higher steel prices, stronger construction demand, and recovering auto demand, all of which could support margins and sales. Zacks Industry Outlook Highlights Nucor, Ternium, Gerdau and L.B. Foster
• Positive Sentiment: Another industry update said steel producer stocks, including NUE, could benefit from the rebound in steel prices and firm end-market demand. 4 Steel Producer Stocks in Focus as Industry Gains on Higher Prices
• Neutral Sentiment: Market recap articles noted that Nucor’s stock has recently declined despite a stronger market, but these pieces did not point to a company-specific setback beyond the day’s trading weakness. Nucor (NUE) Stock Declines While Market Improves: Some Information for Investors

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC raised its position in shares of Nucor by 21.1% during the first quarter. Integrated Wealth Concepts LLC now owns 3,266 shares of the basic materials company’s stock worth $393,000 after acquiring an additional 568 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Nucor in the first quarter worth about $259,000. Geneos Wealth Management Inc. raised its holdings in Nucor by 81.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 340 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 153 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Nucor during the 2nd quarter worth about $390,000. Finally, Cerity Partners LLC lifted its position in Nucor by 51.9% during the 2nd quarter. Cerity Partners LLC now owns 40,629 shares of the basic materials company’s stock valued at $5,263,000 after purchasing an additional 13,877 shares during the period. Institutional investors and hedge funds own 76.48% of the company’s stock.

About Nucor

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.