Nucor (NYSE: NUE) has recently received a number of price target changes and ratings updates:
- 11/4/2026 – Nucor was upgraded by Cfra from “strong sell” to “hold”.
- 11/4/2026 – Nucor had its price target raised by KeyCorp from $286.00 to $301.00. They now have an “overweight” rating on the stock.
- 11/2/2026 – Nucor was given a new $304.00 price target by Wedbush.
- 10/31/2026 – Nucor was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 10/30/2026 – Nucor was given a new $304.00 price target by Piper Sandler.
- 10/30/2026 – Nucor was upgraded by Freedom Broker from “hold” to “buy”. They now have a $304.00 price target on the stock, up from $285.00.
- 10/28/2026 – Nucor had its “buy” rating reaffirmed by The Goldman Sachs Group. They now have a $335.00 price target on the stock.
- 10/28/2026 – Nucor had its price target raised by Wells Fargo & Company from $280.00 to $305.00. They now have an “overweight” rating on the stock.
- 10/28/2026 – Nucor had its price target raised by JPMorgan Chase & Co. from $296.00 to $304.00. They now have an “overweight” rating on the stock.
- 10/28/2026 – Nucor had its price target raised by Barclays from $306.00 to $320.00. They now have an “overweight” rating on the stock.
- 10/20/2026 – Nucor was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 10/19/2026 – Nucor had its price target raised by Barclays from $295.00 to $306.00. They now have an “overweight” rating on the stock.
- 10/15/2026 – Nucor was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/13/2026 – Nucor was upgraded by Zacks Research from “hold” to “strong-buy”.
- 10/12/2026 – Nucor was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 10/9/2026 – Nucor had its price target lowered by JPMorgan Chase & Co. from $308.00 to $296.00. They now have an “overweight” rating on the stock.
- 10/5/2026 – Nucor had its price target lowered by KeyCorp from $288.00 to $286.00. They now have an “overweight” rating on the stock.
- 10/4/2026 – Nucor was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 9/26/2026 – Nucor was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 9/18/2026 – Nucor had its price target lowered by Wells Fargo & Company from $285.00 to $280.00. They now have an “overweight” rating on the stock.
- 9/18/2026 – Nucor had its price target lowered by The Goldman Sachs Group from $304.00 to $302.00. They now have a “buy” rating on the stock.
- 9/18/2026 – Nucor was downgraded by Freedom Broker from “buy” to “hold”. They now have a $285.00 price target on the stock, down from $305.00.
- 9/9/2026 – Nucor had its price target raised by JPMorgan Chase & Co. from $294.00 to $308.00. They now have an “overweight” rating on the stock.
Nucor Stock Down 2.1%
NUE stock traded down $5.68 during midday trading on Wednesday, hitting $267.85. The company’s stock had a trading volume of 2,336,635 shares, compared to its average volume of 1,545,508. The company has a market cap of $60.77 billion, a PE ratio of 17.05, a P/E/G ratio of 0.68 and a beta of 1.81. Nucor Corporation has a 12 month low of $140.93 and a 12 month high of $287.70. The company has a current ratio of 2.46, a quick ratio of 1.43 and a debt-to-equity ratio of 0.26. The firm’s 50-day moving average is $255.05 and its 200-day moving average is $224.47.
Nucor (NYSE:NUE – Get Free Report) last issued its earnings results 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). Nucor had a net margin of 9.26% and a return on equity of 15.53%. The business had revenue of $11.25 billion for the quarter, compared to analysts’ expectations of $10.84 billion. During the same quarter in the prior year, the business posted $2.63 earnings per share. The business’s revenue for the quarter was up 32.0% on a year-over-year basis. On average, equities research analysts forecast that Nucor Corporation will post 19.61 earnings per share for the current fiscal year.
Nucor Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.56 per share. The ex-dividend date is Wednesday, September 30th. This represents a $2.24 annualized dividend and a yield of 0.8%. Nucor’s dividend payout ratio is currently 14.26%.
Insider Activity at Nucor
In other news, EVP Allen Behr sold 11,846 shares of the business’s stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $272.90, for a total transaction of $3,232,773.40. Following the completion of the transaction, the executive vice president directly owned 58,022 shares of the company’s stock, valued at $15,834,203.80. The trade was a 16.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Noah C. Hanners sold 5,190 shares of the stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $275.03, for a total transaction of $1,427,405.70. Following the transaction, the executive vice president owned 44,073 shares in the company, valued at approximately $12,121,397.19. This trade represents a 10.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 28,732 shares of company stock worth $7,881,287. 0.62% of the stock is owned by insiders.
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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