Seaport Res Ptn Weighs in on Nucor Co.’s Q1 2025 Earnings (NYSE:NUE)

Nucor Co. (NYSE:NUEFree Report) – Seaport Res Ptn lowered their Q1 2025 earnings per share (EPS) estimates for Nucor in a research report issued on Wednesday, June 12th. Seaport Res Ptn analyst M. Englert now expects that the basic materials company will earn $3.27 per share for the quarter, down from their previous forecast of $3.50. The consensus estimate for Nucor’s current full-year earnings is $12.29 per share. Seaport Res Ptn also issued estimates for Nucor’s Q3 2025 earnings at $3.06 EPS.

Nucor (NYSE:NUEGet Free Report) last released its quarterly earnings results on Monday, April 22nd. The basic materials company reported $3.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.62 by ($0.16). The firm had revenue of $8.14 billion for the quarter, compared to analyst estimates of $8.26 billion. Nucor had a net margin of 12.40% and a return on equity of 19.62%. The firm’s revenue was down 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.45 EPS.

Several other research firms have also recently commented on NUE. Citigroup upgraded shares of Nucor from a “neutral” rating to a “buy” rating and raised their price target for the stock from $180.00 to $240.00 in a report on Wednesday, March 13th. StockNews.com lowered shares of Nucor from a “buy” rating to a “hold” rating in a research note on Tuesday, April 23rd. BMO Capital Markets cut their price objective on Nucor from $210.00 to $200.00 and set a “market perform” rating for the company in a report on Wednesday, April 24th. JPMorgan Chase & Co. dropped their target price on Nucor from $190.00 to $180.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 11th. Finally, Jefferies Financial Group initiated coverage on Nucor in a research note on Monday, May 20th. They issued a “hold” rating and a $190.00 price target for the company. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Nucor currently has an average rating of “Hold” and an average target price of $191.50.

Read Our Latest Analysis on NUE

Nucor Trading Up 0.4 %

NYSE:NUE opened at $154.69 on Friday. The stock has a market cap of $37.09 billion, a PE ratio of 9.10 and a beta of 1.60. Nucor has a fifty-two week low of $140.07 and a fifty-two week high of $203.00. The company has a debt-to-equity ratio of 0.31, a current ratio of 4.02 and a quick ratio of 2.48. The stock’s 50-day moving average is $174.35 and its two-hundred day moving average is $178.46.

Nucor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 9th. Investors of record on Friday, June 28th will be paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Friday, June 28th. Nucor’s payout ratio is 12.71%.

Insider Buying and Selling

In related news, insider Michael D. Keller sold 3,145 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $193.67, for a total transaction of $609,092.15. Following the completion of the sale, the insider now directly owns 24,873 shares of the company’s stock, valued at approximately $4,817,153.91. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, EVP Douglas J. Jellison sold 19,506 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $193.41, for a total value of $3,772,655.46. Following the completion of the sale, the executive vice president now directly owns 120,738 shares of the company’s stock, valued at $23,351,936.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael D. Keller sold 3,145 shares of the business’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $193.67, for a total transaction of $609,092.15. Following the transaction, the insider now directly owns 24,873 shares in the company, valued at approximately $4,817,153.91. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,651 shares of company stock worth $6,283,648. 0.46% of the stock is currently owned by insiders.

Institutional Trading of Nucor

A number of hedge funds have recently bought and sold shares of NUE. HighTower Advisors LLC increased its position in shares of Nucor by 2.2% during the third quarter. HighTower Advisors LLC now owns 56,584 shares of the basic materials company’s stock valued at $8,847,000 after purchasing an additional 1,211 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Nucor during the 3rd quarter valued at about $386,000. Mizuho Markets Americas LLC acquired a new position in Nucor in the third quarter worth about $2,948,000. Aviva PLC lifted its stake in Nucor by 136.1% during the third quarter. Aviva PLC now owns 88,303 shares of the basic materials company’s stock worth $13,806,000 after purchasing an additional 50,895 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Nucor by 4.5% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,720 shares of the basic materials company’s stock valued at $269,000 after purchasing an additional 74 shares in the last quarter. 76.48% of the stock is owned by institutional investors.

Nucor Company Profile

(Get Free Report)

Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.

See Also

Earnings History and Estimates for Nucor (NYSE:NUE)

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