Nucor (NYSE:NUE) Stock Rating Raised to Hold at Cfra

Posted by Stanley Muller on Nov 5th, 2026

Cfra upgraded shares of Nucor (NYSE:NUE – Free Report) from a strong sell rating to a hold rating in a report released on Wednesday, MarketBeat Ratings reports.

Other research analysts also recently issued reports about the company. UBS Group upped their price target on Nucor from $224.00 to $256.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 28th. JPMorgan Chase & Co. lifted their price objective on shares of Nucor from $296.00 to $304.00 and gave the company an “overweight” rating in a research report on Wednesday, October 28th. Wells Fargo & Company boosted their target price on shares of Nucor from $280.00 to $305.00 and gave the stock an “overweight” rating in a report on Wednesday, October 28th. Citigroup restated a “buy” rating on shares of Nucor in a research report on Wednesday, July 29th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $335.00 target price on shares of Nucor in a research note on Wednesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Nucor currently has a consensus rating of “Moderate Buy” and a consensus target price of $287.38.

Check Out Our Latest Report on NUE

Nucor Trading Down 2.1%

Nucor stock opened at $267.85 on Wednesday. Nucor has a 12-month low of $140.93 and a 12-month high of $287.70. The firm has a market capitalization of $60.77 billion, a price-to-earnings ratio of 17.53, a P/E/G ratio of 0.67 and a beta of 1.81. The firm has a 50 day moving average of $255.45 and a 200 day moving average of $224.94. The company has a current ratio of 2.46, a quick ratio of 1.43 and a debt-to-equity ratio of 0.26.

Nucor (NYSE:NUE – Get Free Report) last announced its quarterly earnings data on Monday, October 26th. The basic materials company reported $5.80 EPS for the quarter, missing the consensus estimate of $5.84 by ($0.04). The business had revenue of $11.25 billion during the quarter, compared to analysts’ expectations of $10.84 billion. Nucor had a net margin of 9.26% and a return on equity of 15.53%. Nucor’s revenue was up 32.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.63 earnings per share. As a group, research analysts predict that Nucor will post 19.61 earnings per share for the current year.

Nucor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Wednesday, September 30th. Nucor’s dividend payout ratio is currently 14.26%.

Insider Buying and Selling at Nucor

In other news, insider Michael D. Keller sold 1,136 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $279.33, for a total value of $317,318.88. Following the completion of the sale, the insider directly owned 15,588 shares of the company’s stock, valued at $4,354,196.04. This trade represents a 6.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Allen Behr sold 11,846 shares of Nucor stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $272.90, for a total value of $3,232,773.40. Following the completion of the transaction, the executive vice president owned 58,022 shares of the company’s stock, valued at approximately $15,834,203.80. This trade represents a 16.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 28,732 shares of company stock valued at $7,881,287 over the last quarter. 0.62% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Nucor

Several large investors have recently modified their holdings of the stock. California Public Employees Retirement System raised its stake in shares of Nucor by 19.3% in the first quarter. California Public Employees Retirement System now owns 510,331 shares of the basic materials company’s stock valued at $86,297,000 after acquiring an additional 82,668 shares during the period. Tidal Investments LLC boosted its stake in shares of Nucor by 31.2% during the 2nd quarter. Tidal Investments LLC now owns 61,952 shares of the basic materials company’s stock worth $13,800,000 after purchasing an additional 14,736 shares during the period. Oppenheimer Asset Management Inc. purchased a new position in shares of Nucor during the 2nd quarter worth about $7,954,000. BIP Wealth LLC purchased a new position in shares of Nucor during the 2nd quarter worth about $852,000. Finally, Bank of New York Mellon Corp grew its holdings in Nucor by 1.7% during the 1st quarter. Bank of New York Mellon Corp now owns 1,809,899 shares of the basic materials company’s stock valued at $306,054,000 after purchasing an additional 29,476 shares during the last quarter. Institutional investors own 76.48% of the company’s stock.

More Nucor News

Here are the key news stories impacting Nucor this week:

Positive Sentiment: KeyCorp raised its price target to $301 from $286 and maintained an Overweight rating. CFRA also upgraded Nucor from Strong Sell to Hold, a less pessimistic view. Analyst ratings
Positive Sentiment: Recent quarterly results showed revenue up 32% year over year and ahead of estimates, though EPS narrowly missed consensus. Steady guidance, moderating capital spending and strong cash flow are also supporting shareholder returns, including buybacks and dividends. Nucor: 3 Key Takeaways for Long-Term Investors
Neutral Sentiment: Nucor has shown strong relative strength over the past month, but the latest pullback followed a substantial recent share-price advance and a move near its 52-week high. Stocks Showing Impressive Relative Strength
Negative Sentiment: Several insiders have recently sold shares. COO Stephen Laxton sold 10,560 shares, reducing his position by 11.94%; EVP Allen Behr and insider Michael Keller also disclosed sales. Such transactions can add caution, although they do not necessarily signal a change in the company’s outlook. SEC filing for Stephen Laxton sale
Negative Sentiment: Nucor fell sharply in the latest session, with the decline reported to have erased about $3 billion in market value. The available report describes the selloff but does not identify a specific catalyst. Nucor Drops 5.4% in a Single Session

Nucor Company Profile

(Get Free Report)

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.