Fourth Quarter of 2025 Highlights CHARLOTTE, N.C., Jan. 26, 2026 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $378 million, or $1.64 per diluted share, for the fourth quarter of 2025. Excluding impairment charges taken during the quarter, Nucor's fourth quarter of 2025 adjusted net earnings attributable to Nucor stockholders were $400 million, or $1.73 per diluted share. By comparison, Nucor reported consolidated net earnings a ...

Nucor ( NUE ) is a perfect choice for investors seeking a position in the US steel sector due to its operational excellence. We are positive on the stock both for the sector's growthAnalyst’s Disclosure: I/we have a beneficial long position in the shares of NUE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company who ...

Core Viewpoint - The deal is set to transform the North Sea into the world's largest clean energy reservoir, as stated by the U.K. energy secretary [1] Group 1 - The North Sea is being positioned as a significant player in the clean energy sector [1]

Market Overview - U.S. stock futures declined on Monday following a mixed close on Friday, with major benchmark indices showing lower futures [1] - Investors are focused on upcoming earnings reports from companies such as UnitedHealth Group, General Motors, Microsoft, Meta Platforms, Tesla, and Starbucks [1] - The Federal Open Market Committee's interest rate decision is anticipated on Wednesday [1] Treasury Yields - The 10-year Treasury bond yield is at 4.21%, while the two-year bond yield stands at 3.59% [2] - Market projections indicate a 97.2% likelihood that the Federal Reserve will keep interest rates unchanged in January [2] Index Performance - Dow Jones decreased by 0.12%, S&P 500 by 0.24%, Nasdaq 100 by 0.44%, and Russell 2000 by 0.29% [3] - SPDR S&P 500 ETF Trust (SPY) fell by 0.22% to $687.69, and Invesco QQQ Trust ETF (QQQ) declined by 0.43% to $620.04 [3] Stocks in Focus - Baker Hughes Co. reported a 3.74% increase in premarket trading after posting adjusted earnings of 78 cents per share, exceeding estimates of 67 cents [7] - Sarepta Therapeutics Inc. saw a 6.72% rise following the completion of a confirmatory trial for its PMO therapies and third-quarter results [7] - Nucor Corp. is projected to report quarterly earnings of $1.91 per share on revenue of $7.87 billion [7] - WR Berkley Corp. is expected to report earnings of $1.13 per share on revenue of $3.66 billion [15] - Brand Engagement Network Inc. surged by 221.60% due to a strategic partnership with Valio Technologies [15] Analyst Insights - Mohamed El-Erian notes a "2025 Paradox" where financial markets remain resilient despite geopolitical tensions, with U.S. economic activity appearing robust [11] - El-Erian anticipates the Federal Reserve will maintain interest rates, with a focus on corporate earnings from tech giants and political issues surrounding trade tariffs [12] - The stock market has retraced losses from geopolitical tensions, but there is a notable surge in precious metals as a counter-narrative [11] Upcoming Economic Data - Key economic data releases include durable-goods orders, consumer confidence, and the Federal Reserve's interest rate decision [17]

Earnings Expectations - Steel Dynamics Inc. (NASDAQ:STLD) is expected to report quarterly earnings of $1.69 per share on revenue of $4.57 billion [1] - Nucor Corp. (NYSE:NUE) is anticipated to post quarterly earnings of $1.91 per share on revenue of $7.87 billion [1] - W R Berkley Corp. (NYSE:WRB) is projected to report quarterly earnings of $1.13 per share on revenue of $3.66 billion [1] - Sanmina Corp. (NASDAQ:SANM) is expected to report quarterly earnings of $2.13 per share on revenue of $3.08 billion [1] Recent Performance - Baker Hughes Co. (NASDAQ:BKR) reported adjusted earnings of 78 cents per share, exceeding market estimates of 67 cents per share, with quarterly sales of $7.386 billion, surpassing expectations of $7.068 billion [1] - Steel Dynamics shares rose 1.4% to close at $181.32 on Friday [1] - Nucor shares increased by 0.8% to close at $181.65 on Friday [1] - W R Berkley shares fell 0.6% to close at $67.12 on Friday [1] - Sanmina shares decreased by 0.9% to close at $177.83 on Friday [1] - Baker Hughes shares fell 1.2% to close at $53.80 on Friday [1]

Core Viewpoint - Nucor Corporation is a significant player in the steel manufacturing industry, with a diverse range of products and strategic initiatives that enhance its market presence [1] Group 1: Company Overview - Nucor operates through segments such as Steel Mills, Steel Products, and Raw Materials, serving various industries including agriculture, automotive, and construction [1] Group 2: Stock Performance and Analyst Sentiment - The consensus price target for Nucor's stock has increased from $160.9 a year ago to $180 recently, indicating growing optimism among analysts regarding the company's future performance [2] - Goldman Sachs has set a price target of $148 for Nucor's stock, reflecting potential challenges as the company prepares to announce its fourth-quarter earnings [3] Group 3: Upcoming Earnings Announcement - Nucor has scheduled a live conference call to discuss its fourth-quarter earnings for 2025, which will be hosted by Leon Topalian, the Chair, President, and CEO [4] - This conference call is expected to provide stakeholders with valuable insights into Nucor's financial performance and strategic direction [4]

Core Insights - Nucor Corporation (NUE) is scheduled to announce its fourth-quarter 2025 results on January 26, 2026 [1][8] - The company has exceeded the Zacks Consensus Estimate in three of the last four quarters, with an average earnings surprise of approximately 31.4% [2] - Nucor's stock has increased by 42.9% over the past year, compared to a 50.2% growth in the Zacks Steel Producers industry [3] Revenue Estimates - The Zacks Consensus Estimate for Nucor's fourth-quarter consolidated revenues is $7,768.3 million, reflecting a year-over-year increase of 9.8% [6] Performance Factors - Lower segment earnings are anticipated to negatively affect Nucor's performance in the December quarter due to seasonal factors and fewer shipping days [7] - The steel mills segment is expected to report decreased earnings driven by lower shipment volumes and margin pressure, particularly in sheet products [7][9] - The steel products segment's earnings are likely to decline due to lower volumes and higher average costs per ton, although improved pricing may partially offset this [9] - The raw materials segment is also expected to see lower profits due to planned outages at Nucor's direct reduced iron facilities [9] Market Conditions - U.S. steel prices have rebounded in the fourth quarter after experiencing lows in the third quarter, with benchmark hot-rolled coil (HRC) prices surpassing $900 per short ton [10] - Higher average selling prices are expected to have supported Nucor's performance, with an estimated average sales price per ton for the steel mills unit at $1,009, indicating a 9% year-over-year increase [11] Earnings Prediction - The current Earnings ESP for Nucor is -0.55%, and the Zacks Consensus Estimate for the fourth quarter is $1.82 [13]

Core Viewpoint - Analysts project that Nucor (NUE) will report quarterly earnings of $1.95 per share, reflecting a 59.8% year-over-year increase, with revenues expected to reach $7.68 billion, an 8.5% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.3% higher over the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Net sales to external customers - Steel products' will be $2.54 billion, a 7.3% increase from the previous year [5]. - The consensus for 'Net sales to external customers - Steel mills' is projected at $4.73 billion, reflecting an 11.4% year-over-year change [5]. - 'Net sales to external customers - Raw materials' are expected to reach $497.01 million, an 8.3% increase from the prior year [6]. - 'Net sales to external customers - Structural' are projected at $625.62 million, indicating a 9.6% year-over-year change [6]. Sales Volume and Pricing - Total steel products sales are projected to reach 1,070 thousand tons, up from 968 thousand tons in the same quarter last year [7]. - The estimated 'Average Steel Product Price per ton' is $2,374, compared to $2,448 in the same quarter last year [7]. - The average sales price per ton for total steel mills is expected to be $1,013, up from $926 a year ago [8]. - Sales tons to outside customers for total steel mills are projected at 4,796 thousand tons, compared to 4,580 thousand tons in the same quarter last year [8]. - Sales tons for steel sheets are expected to be 2,234 thousand tons, slightly up from 2,210 thousand tons last year [9]. - Sales tons for steel bars are projected at 1,499 thousand tons, compared to 1,445 thousand tons in the same quarter last year [9]. - Sales tons for structural steel are estimated at 461 thousand tons, up from 441 thousand tons last year [10]. - Sales tons for steel plates are expected to be 604 thousand tons, compared to 484 thousand tons in the same quarter last year [10]. Market Performance - Nucor shares have returned +6.6% over the past month, contrasting with the Zacks S&P 500 composite's -0.4% change, indicating a stronger performance relative to the market [11].

Core Thesis - Nucor Corporation is viewed positively due to its strong operational flexibility, robust demand fundamentals, and potential for attractive entry points amid a favorable supply-demand setup [1][5][7] Company Overview - Nucor Corporation manufactures and sells steel products, currently trading around $173, reflecting a premium from strong December guidance [2] - As the largest U.S. domestic steel producer, Nucor utilizes a scrap-based production model through Electric Arc Furnaces, enhancing efficiency and cost discipline [2][3] Demand Fundamentals - Demand fundamentals are strong, with a significantly higher backlog year-over-year, particularly in rebar and joists and decks, while limited exposure to the automotive sector mitigates downside risk [4] - Structural tailwinds from data center construction, grid expansion, and infrastructure investment are expected to drive incremental steel demand, positioning Nucor to capture this growth [4] Financial Health - Nucor's balance sheet is strong, characterized by ample liquidity, moderate leverage, and ongoing capital returns through buybacks [5] - Strategic investments, including in small modular reactor technology, indicate a focus on long-term cost reduction and optionality [5] Valuation and Market Position - Current valuation appears modestly elevated, but a temporary earnings-related pullback could present an attractive entry point ahead of a favorable multi-year supply-demand scenario [5] - Nucor's stock price has appreciated approximately 10% since previous coverage, driven by improved guidance and stronger demand visibility [6][7]

Core Insights - Nucor Corp (NYSE:NUE) is currently viewed as a strong investment opportunity in the metal sector, despite recent analyst rating changes and price target adjustments [1][2] Group 1: Analyst Ratings and Price Targets - Morgan Stanley downgraded Nucor from Overweight to Equal Weight, raising the price target from $165 to $180, citing a balanced risk-reward scenario with limited upside potential [1] - Wells Fargo maintained an Overweight rating but reduced the price target from $178 to $176, attributing this to a light fourth-quarter 2025 guidance from management [2] Group 2: Earnings Expectations - Nucor's management anticipates fourth-quarter 2025 earnings to be between $1.65 and $1.75 per diluted share, a notable decline from $2.63 per diluted share in the third quarter [3] - The expected lower earnings are linked to seasonal declines and fewer shipping days in the fourth quarter [4] Group 3: Future Outlook - Looking ahead to 2026, Nucor's management highlighted stronger backlogs in sectors such as energy, infrastructure, data centers, and manufacturing [4] - Full Q4 results are scheduled for release on January 26, with a conference call to follow on January 27 [4] Group 4: Company Profile - Nucor Corporation is the largest steel and steel products manufacturer in North America, recognized for its efficient and diversified production methods, primarily utilizing electric arc furnaces (EAFs) with a high percentage of recycled content [5]