Analysts Set Nucor Corporation (NYSE:NUE) Price Target at $263.75

Nucor Corporation (NYSE:NUE) has received an average rating of “Moderate Buy” from the sixteen analysts that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $266.9231.

A number of research firms have recently weighed in on NUE. Bank of America upped their target price on shares of Nucor from $265.00 to $290.00 in a research report on Friday, June 12th. Argus lifted their price target on shares of Nucor from $200.00 to $262.00 and gave the company a “buy” rating in a research report on Friday, May 15th. BNP Paribas Exane boosted their price objective on shares of Nucor from $210.00 to $248.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. KeyCorp raised shares of Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 target price for the company in a research note on Wednesday. Finally, Seaport Research Partners lifted their target price on shares of Nucor from $245.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, June 10th.

Nucor News Roundup

Here are the key news stories impacting Nucor this week:

• Positive Sentiment: KeyCorp set a bullish FY2026 EPS estimate of $16.50 and maintained an Overweight rating with a $274 price target, signaling continued confidence in Nucor’s earnings power and valuation upside.
• Positive Sentiment: Zacks Research raised multiple forward earnings estimates for Nucor, including FY2027 to $23.07 per share and FY2028 to $23.37 per share, while keeping a Strong-Buy rating, reinforcing a constructive long-term view.
• Positive Sentiment: KeyBanc reportedly upgraded Nucor on a favorable steel pricing outlook, which suggests improving industry fundamentals could support margins and profits.
• Neutral Sentiment: Zacks Research did cut its Q2 2026 EPS estimate to $4.77 from $5.47, indicating some near-term softness even as longer-dated forecasts improved.

Insider Buying and Selling at Nucor

In other news, EVP John J. Hollatz sold 10,560 shares of Nucor stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $258.46, for a total value of $2,729,337.60. Following the completion of the transaction, the executive vice president owned 97,865 shares of the company’s stock, valued at $25,294,187.90. The trade was a 9.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Allen C. Behr sold 10,096 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $14,213,875.68. The trade was a 13.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,378 shares of company stock valued at $18,963,930 in the last ninety days. Corporate insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Stance Capital LLC purchased a new stake in shares of Nucor during the third quarter valued at approximately $25,000. Strive Financial Group LLC bought a new position in Nucor in the 4th quarter valued at approximately $27,000. Motiv8 Investments LLC bought a new position in Nucor in the 4th quarter valued at approximately $32,000. Bartlett & CO. Wealth Management LLC boosted its stake in Nucor by 49.2% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 191 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 63 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new stake in shares of Nucor in the 4th quarter worth $32,000. 76.48% of the stock is owned by hedge funds and other institutional investors.

Nucor Trading Down 3.8%

NUE opened at $239.50 on Monday. The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 0.30. Nucor has a 52 week low of $128.46 and a 52 week high of $270.90. The stock has a market cap of $54.54 billion, a PE ratio of 23.71, a PEG ratio of 0.59 and a beta of 1.88. The business has a 50 day moving average of $235.86 and a 200-day moving average of $194.80.

Nucor (NYSE:NUE) last issued its quarterly earnings results on Monday, April 27th. The basic materials company reported $3.23 earnings per share for the quarter, topping the consensus estimate of $2.82 by $0.41. The company 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 firm’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.77 earnings per share. Equities research analysts predict that Nucor will post 17 earnings per share for the current fiscal year.

Nucor Announces Dividend

The business also recently disclosed 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. 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 22.18%.

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.