Nucor (NYSE:NUE) Releases Q2 2026 Earnings Guidance

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

Nucor Price Performance

Nucor stock traded down $6.74 during midday trading on Wednesday, reaching $252.35. 1,890,605 shares of the company were exchanged, compared to its average volume of 1,617,676. The company has a market capitalization of $57.47 billion, a price-to-earnings ratio of 24.98, a P/E/G ratio of 0.66 and a beta of 1.88. The firm’s 50-day simple moving average is $226.08 and its 200-day simple moving average is $190.36. Nucor has a 1 year low of $122.82 and a 1 year high of $270.90. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.55 and a current ratio of 2.90.

Nucor (NYSE:NUE) last posted its quarterly earnings data on Monday, April 27th. The basic materials company reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.41. The firm had revenue of $9.50 billion during 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 firm’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.77 EPS. On average, analysts anticipate that Nucor will post 15.71 EPS for the current year.

Nucor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th will be paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Nucor’s dividend payout ratio (DPR) is presently 22.18%.

Nucor announced that its Board of Directors has initiated a share repurchase program on Friday, February 20th that allows the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization allows the basic materials company to purchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NUE. Wells Fargo & Company raised their price target on Nucor from $244.00 to $292.00 and gave the stock an “overweight” rating in a research note on Thursday, June 4th. UBS Group lowered Nucor from a “buy” rating to a “neutral” rating and raised their price target for the stock from $190.00 to $224.00 in a research note on Tuesday, April 28th. Argus lifted their price objective on Nucor from $200.00 to $262.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Zacks Research raised Nucor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Finally, BMO Capital Markets lifted their price objective on Nucor from $250.00 to $285.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Nucor presently has an average rating of “Moderate Buy” and an average price target of $264.50.

Insiders Place Their Bets

In other Nucor news, EVP Noah C. Hanners sold 6,472 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $226.50, for a total value of $1,465,908.00. Following the completion of the transaction, the executive vice president owned 50,377 shares in the company, valued at $11,410,390.50. This represents a 11.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP David A. Sumoski sold 33,068 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $225.67, for a total transaction of $7,462,455.56. Following the completion of the transaction, the executive vice president owned 243,339 shares of the company’s stock, valued at $54,914,312.13. This trade represents a 11.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 82,378 shares of company stock worth $18,963,930. 0.62% of the stock is owned by insiders.

Key Headlines Impacting Nucor

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: Nucor raised its second-quarter 2026 EPS guidance to $4.50-$4.60, above the $4.30 analyst estimate, signaling better-than-expected profitability. Nucor Announces Guidance for the Second Quarter of 2026 Earnings
• Positive Sentiment: Industry commentary points to a rebound in steel prices and firm demand from construction and automotive customers, which could support Nucor’s sales and margins. 4 Steel Producer Stocks in Focus as Industry Gains on Higher Prices
• Positive Sentiment: Goldman Sachs lifted its price target on Nucor to $284 from $260 and reiterated a buy rating, reinforcing a constructive outlook from analysts. Goldman Sachs Adjusts Price Target on Nucor
• Neutral Sentiment: Nucor has also been highlighted on relative strength screens and valuation commentary, reflecting strong recent stock performance and ongoing investor interest rather than a new fundamental development. Zacks.com featured highlights include Pelagos Insurance, Genesco, Dave, Nucor and Arrow Electronics
• Neutral Sentiment: Recent valuation reassessment articles suggest the stock’s strong multi-month run may be leading investors to debate whether gains are fully priced in. Nucor (NUE) Stock Valuation Reassessed After Strong Recent Share Price Momentum

Institutional Investors Weigh In On Nucor

Hedge funds have recently bought and sold shares of the business. Mcguire Capital Advisors Inc. acquired a new position in shares of Nucor in the 4th quarter valued at approximately $32,000. Compound Planning Inc. raised its position in shares of Nucor by 8.0% in the 4th quarter. Compound Planning Inc. now owns 4,668 shares of the basic materials company’s stock valued at $761,000 after purchasing an additional 347 shares in the last quarter. Axxcess Wealth Management LLC raised its position in shares of Nucor by 17.2% in the 4th quarter. Axxcess Wealth Management LLC now owns 9,803 shares of the basic materials company’s stock valued at $1,599,000 after purchasing an additional 1,442 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of Nucor by 84.9% in the 4th quarter. Corient Private Wealth LLC now owns 100,440 shares of the basic materials company’s stock valued at $16,383,000 after purchasing an additional 46,120 shares in the last quarter. Finally, Strive Financial Group LLC acquired a new position in shares of Nucor in the 4th quarter valued at approximately $27,000. 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.