Nucor (NYSE:NUE – Get Free Report) is expected to issue its Q3 2026 results after the market closes on Monday, October 26th. Analysts expect Nucor to announce earnings of $5.84 per share and revenue of $10.84 billion for the quarter. Individuals can check the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 10:00 AM ET.
Nucor (NYSE:NUE – Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, topping analysts’ consensus estimates of $4.46 by $0.38. Nucor had a return on equity of 12.73% and a net margin of 7.99%. The company had revenue of $10.40 billion during the quarter, compared to analysts’ expectations of $10.15 billion. During the same quarter in the previous year, the firm posted $2.60 EPS. The firm’s revenue was up 23.0% compared to the same quarter last year. On average, analysts expect Nucor to post $19.62 EPS for the current fiscal year and $21.66 EPS for the next fiscal year.
Nucor Stock Performance
NUE opened at $258.23 on Friday. The firm has a market capitalization of $58.59 billion, a PE ratio of 20.76, a P/E/G ratio of 0.63 and a beta of 1.84. The firm has a 50 day moving average of $252.58 and a two-hundred day moving average of $241.17. Nucor has a 12-month low of $138.34 and a 12-month high of $280.11. The company has a current ratio of 2.51, a quick ratio of 1.36 and a debt-to-equity ratio of 0.27.
Nucor Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Wednesday, September 30th will be given a $0.56 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.9%. Nucor’s dividend payout ratio is 17.86%.
Insider Buying and Selling at Nucor
In other news, COO Stephen Laxton sold 3,968 shares of the stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $256.96, for a total transaction of $1,019,617.28. Following the sale, the chief operating officer owned 77,867 shares of the company’s stock, valued at approximately $20,008,704.32. This represents a 4.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas Batterbee sold 4,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $261.02, for a total value of $1,044,080.00. Following the sale, the executive vice president directly owned 16,138 shares in the company, valued at $4,212,340.76. This represents a 19.86% decrease in their position. The SEC filing for this sale provides additional information. 0.62% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on NUE shares. Barclays upped their target price on Nucor from $295.00 to $306.00 and gave the stock an “overweight” rating in a research note on Monday. KeyCorp reduced their target price on Nucor from $288.00 to $286.00 and set an “overweight” rating for the company in a report on Monday, October 5th. Morgan Stanley set a $270.00 price target on Nucor in a research report on Wednesday, July 29th. BMO Capital Markets increased their target price on shares of Nucor from $285.00 to $295.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, The Goldman Sachs Group cut their price objective on shares of Nucor from $304.00 to $302.00 and set a “buy” rating for the company in a report on Friday, September 18th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Nucor presently has an average rating of “Moderate Buy” and an average target price of $276.86.
Read Our Latest Stock Report on Nucor
About Nucor
Nucor Corporation is a steel producer headquartered in Charlotte, North Carolina. Through its operating subsidiaries, the company manufactures steel and steel products for customers in construction, automotive, energy, heavy equipment, transportation and other industrial markets.
Nucor’s operations include electric arc furnace steel mills, which produce carbon, alloy and galvanized steel products. Its product portfolio includes sheet steel, plate, beams, bars, wire and wire mesh, steel joists, deck, piling, fabricated concrete reinforcing steel and other downstream products.
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