Nucor (NYSE: NUE) has recently received a number of price target changes and ratings updates:
- 6/24/2026 – Nucor was upgraded by KeyCorp from “sector weight” to “overweight”. They now have a $274.00 price target on the stock.
- 6/22/2026 – Nucor had its price target raised by Morgan Stanley from $227.00 to $258.00. They now have an “equal weight” rating on the stock.
- 6/18/2026 – Nucor had its price target lowered by Wells Fargo & Company from $292.00 to $283.00. They now have an “overweight” rating on the stock.
- 6/16/2026 – Nucor had its price target raised by The Goldman Sachs Group, Inc. from $260.00 to $284.00. They now have a “buy” rating on the stock.
- 6/12/2026 – Nucor had its price target raised by Bank of America Corporation from $265.00 to $290.00.
- 6/10/2026 – Nucor had its price target raised by JPMorgan Chase & Co. from $240.00 to $282.00. They now have an “overweight” rating on the stock.
- 6/10/2026 – Nucor had its price target raised by Seaport Research Partners from $245.00 to $285.00. They now have a “buy” rating on the stock.
- 6/4/2026 – Nucor had its price target raised by Wells Fargo & Company from $244.00 to $292.00. They now have an “overweight” rating on the stock.
- 6/3/2026 – Nucor had its price target raised by BMO Capital Markets from $250.00 to $285.00. They now have an “outperform” rating on the stock.
- 5/25/2026 – Nucor is now covered by CICC Research. They set an “outperform” rating on the stock.
- 5/21/2026 – Nucor is now covered by Barclays PLC. They set an “overweight” rating and a $270.00 price target on the stock.
- 5/21/2026 – Nucor was upgraded by Barclays PLC to “strong-buy”.
- 5/16/2026 – Nucor was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 5/15/2026 – Nucor had its price target raised by Argus from $200.00 to $262.00. They now have a “buy” rating on the stock.
- 5/14/2026 – Nucor was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 5/12/2026 – Nucor was upgraded by Zacks Research from “hold” to “strong-buy”.
- 5/4/2026 – Nucor had its price target raised by BNP Paribas Exane from $210.00 to $248.00. They now have an “outperform” rating on the stock.
- 5/2/2026 – Nucor was upgraded by Wall Street Zen from “hold” to “buy”.
- 5/1/2026 – Nucor had its price target raised by The Goldman Sachs Group, Inc. from $240.00 to $260.00.
- 4/30/2026 – Nucor had its “buy” rating reaffirmed by Seaport Research Partners. They now have a $245.00 price target on the stock.
Nucor Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.56 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.24 dividend on an annualized basis and a yield of 1.0%. Nucor’s dividend payout ratio is 22.18%.
Insider Activity at Nucor
In related news, EVP David A. Sumoski sold 33,068 shares of the 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 in the company, valued at approximately $54,914,312.13. This represents a 11.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Allen C. Behr sold 10,096 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were 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 directly owned 62,871 shares of the company’s stock, valued at approximately $14,213,875.68. This trade represents a 13.84% decrease in their position. 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 currently owned by corporate insiders.
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.
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