Nucor Corporation (NYSE:NUE) Stock Has Consensus Price Target of $276.07 According to Brokerages

05 Oct 2026, 05:14 by Teresa Graham · The Cerbat Gem

Shares of Nucor Corporation (NYSE:NUE – Get Free Report) have been assigned an average rating of “Moderate Buy” from the seventeen brokerages that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $276.07.

Several research firms have issued reports on NUE. UBS Group upped their price objective on Nucor from $224.00 to $256.00 and gave the company a “neutral” rating in a research note on Tuesday, July 28th. BMO Capital Markets increased their price target on Nucor from $285.00 to $295.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Zacks Research downgraded shares of Nucor from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. The Goldman Sachs Group reduced their price objective on Nucor from $304.00 to $302.00 and set a “buy” rating for the company in a report on Friday, September 18th. Finally, Freedom Broker downgraded Nucor from a “buy” rating to a “hold” rating and decreased their target price for the company from $305.00 to $285.00 in a research report on Friday, September 18th.

Check Out Our Latest Analysis on NUE

Insiders Place Their Bets

In other news, EVP Thomas J. Batterbee sold 4,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $261.02, for a total value of $1,044,080.00. Following the completion of the sale, the executive vice president owned 16,138 shares of the company’s stock, valued at approximately $4,212,340.76. The trade was a 19.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Stephen D. Laxton sold 3,968 shares of the company’s 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 completion of the transaction, the chief operating officer owned 77,867 shares in the company, valued at $20,008,704.32. This trade represents a 4.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.62% of the company’s stock.

Institutional Trading of Nucor

Hedge funds and other institutional investors have recently bought and sold shares of the business. RKL Wealth Management LLC lifted its holdings in Nucor by 0.9% during the 1st quarter. RKL Wealth Management LLC now owns 5,318 shares of the basic materials company’s stock worth $899,000 after buying an additional 48 shares during the period. Focus Financial Network Inc. increased its stake in shares of Nucor by 3.6% in the second quarter. Focus Financial Network Inc. now owns 1,417 shares of the basic materials company’s stock valued at $316,000 after buying an additional 49 shares during the period. Moody National Bank Trust Division increased its stake in shares of Nucor by 4.6% in the second quarter. Moody National Bank Trust Division now owns 1,396 shares of the basic materials company’s stock valued at $311,000 after buying an additional 62 shares during the period. Bartlett & CO. Wealth Management LLC raised its position in shares of Nucor by 49.2% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 191 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 63 shares during the last quarter. Finally, Boltwood Capital Management lifted its stake in shares of Nucor by 4.3% in the third quarter. Boltwood Capital Management now owns 1,560 shares of the basic materials company’s stock worth $365,000 after acquiring an additional 65 shares during the period. Institutional investors and hedge funds own 76.48% of the company’s stock.

Nucor Price Performance

Shares of NUE opened at $240.31 on Wednesday. The company has a current ratio of 2.51, a quick ratio of 1.36 and a debt-to-equity ratio of 0.27. The company’s fifty day simple moving average is $256.08 and its 200 day simple moving average is $232.25. Nucor has a 1-year low of $131.32 and a 1-year high of $280.11. The company has a market cap of $54.52 billion, a price-to-earnings ratio of 19.16, a PEG ratio of 0.85 and a beta of 1.84.

Nucor (NYSE:NUE – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, beating analysts’ consensus estimates of $4.46 by $0.38. The firm had revenue of $10.40 billion during the quarter, compared to analysts’ expectations of $10.15 billion. Nucor had a net margin of 7.99% and a return on equity of 12.73%. The company’s revenue for the quarter was up 23.0% compared to the same quarter last year. During the same quarter last year, the company posted $2.60 earnings per share. On average, research analysts forecast that Nucor will post 18.89 earnings per share for the current fiscal year.

Nucor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Wednesday, September 30th will be paid a $0.56 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $2.24 annualized dividend and a yield of 0.9%. Nucor’s payout ratio is 17.86%.

Nucor Company Profile

(Get Free Report)

Nucor Corporation is a Charlotte, North Carolina-based steel producer and one of the largest steel companies in North America. The company operates electric arc furnace (EAF) steel mills that use recycled scrap steel as a primary raw material, along with facilities that manufacture and process steel products for construction, manufacturing, transportation, energy and other industrial markets.