Nucor (NUE) Stock Price, News & Analysis

Company Overview

Nucor Corporation (NYSE: NUE), headquartered in Charlotte, North Carolina, is a leading producer of steel and steel products in the United States. Established in 1940 as Reo Motor Car Company and restructured as Nucor in 1968, the company pioneered the electric arc furnace (EAF) method of steelmaking, focusing on scrap metal recycling to drive efficiency and environmental sustainability. Today, Nucor operates an integrated network of steel mills and manufacturing plants across North America, specializing in the production of both raw steel and finished steel goods.

The company's main business activities include melting and refining scrap metal to produce a broad range of steel products such as sheet and plate, structural beams, merchant bar, rebar, steel joists and deck, and tubular goods. Nucor is also active in the fabrication of steel components for the construction, automotive, energy, and consumer appliance sectors, offering tailored solutions to meet specific design, strength, and corrosion-resistance requirements. Complementing its steelmaking operations, Nucor's raw materials division ensures a steady supply of steel scrap and ferrous feedstocks.

Serving markets primarily in the United States, Canada, and Mexico, Nucor has expanded its geographical footprint through strategic acquisitions and organic growth in recent decades. The company maintains a decentralized operating model, empowering local management teams at its mini mills and finishing facilities to respond swiftly to customer needs and regional market dynamics. This approach, combined with ongoing investments in advanced melting and finishing technologies, supports Nucor's ability to deliver high-quality steel products while managing costs effectively.

Nucor's leadership team is led by President and Chief Executive Officer Leon Topalian, who succeeded long-time executive John J. Ferriola in 2020. The company's board of directors oversees corporate strategy and governance, guided by a commitment to safety, innovation, and community engagement. With a reputation for operational excellence and a focus on sustainability, Nucor continues to be a key player in the North American steel industry, leveraging its scrap-based production model to address both customer requirements and environmental considerations.

Key Stats

• Today's Range: $137.48 to $139.27
• 50-Day Range: $108.35 to $138.84
• 52-Week Range: $97.59 to $170.52
• Volume: 1.03 million shs
• Average Volume: 2.24 million shs
• Market Capitalization: $31.96 billion
• P/E Ratio: 24.65
• Dividend Yield: 1.59%
• Price Target: $150.00
• Consensus Rating: Buy

Nucor Stock Analysis - MarketRank™

Nucor scored higher than 99% of companies evaluated by MarketBeat, and ranked 1st out of 576 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Nucor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Nucor has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 43.85%

Earnings Growth

Earnings for Nucor are expected to grow by 43.85% in the coming year, from $7.64 to $10.99 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nucor is 24.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nucor is 24.65, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 94.43.

Price to Earnings Growth Ratio

Nucor has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Nucor has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.97% of the float of Nucor has been sold short.

Short Interest Ratio / Days to Cover

Nucor has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nucor has recently decreased by 6.59%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Nucor pays a meaningful dividend of 1.58%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Nucor has been increasing its dividend for 52 years.

Dividend Coverage

The dividend payout ratio of Nucor is 39.15%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Nucor will have a dividend payout ratio of 20.02% next year. This indicates that Nucor will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -3.96

Percentage of Shares Shorted

2.97% of the float of Nucor has been sold short.

Short Interest Ratio / Days to Cover

Nucor has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nucor has recently decreased by 6.59%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.15

News Sentiment

Nucor has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 33 news articles for Nucor this week, compared to 18 articles on an average week.

Search Interest

Only 37 people have searched for NUE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

14 people have added Nucor to their MarketBeat watchlist in the last 30 days. This is an increase of 8% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Nucor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,325,108.00 in company stock.

Percentage Held by Insiders

Only 0.46% of the stock of Nucor is held by insiders.

Percentage Held by Institutions

76.48% of the stock of Nucor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NUE Stock Analysis - Frequently Asked Questions

How have NUE shares performed this year?

Nucor's stock was trading at $116.71 on January 1st, 2025. Since then, NUE stock has increased by 18.7% and is now trading at $138.51.

How were Nucor's earnings last quarter?

Nucor Corporation (NYSE:NUE) posted its earnings results on Monday, April, 28th. The basic materials company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.92 by $0.15. Nucor's revenue was down 3.8% on a year-over-year basis.
Read the conference call transcript.

Does Nucor have any subsidiaries?

The following companies are subsidiaries of Nucor: Corporacion POK SA de CV, St. Louis Cold Drawn Inc, Vulcraft-Omega, Republic Conduit, Southland Tube Inc, Independence Tube Corporation, Joy Global - Steel Plate mill, and others.

Who are Nucor's major shareholders?

Top institutional shareholders of Nucor include InvesTrust (0.01%), Park National Corp OH, First Financial Bank Trust Division and Kera Capital Partners Inc.. Insiders that own company stock include David A Sumoski, Leon J Topalian, Douglas J Jellison, Daniel R Needham, Kenneth Rex Query, Allen C Behr, Stephen D Laxton, Gregory J Murphy, John J Hollatz and Michael D Keller.
View institutional ownership trends.

How do I buy shares of Nucor?

Shares of NUE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Nucor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nucor investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Tesla (TSLA) and Broadcom (AVGO).

Company Calendar

• Record date for 5/12 Dividend: 3/31/2025
• Ex-Dividend for 5/12 Dividend: 3/31/2025
• Last Earnings: 4/28/2025
• Dividend Payable: 5/12/2025
• Record date for 8/11 Dividend: 6/30/2025
• Ex-Dividend for 8/11 Dividend: 6/30/2025
• Today: 7/03/2025
• Next Earnings (Estimated): 7/28/2025
• Dividend Payable: 8/11/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: STEEL - PRODUCERS
• Sub-Industry: Steel
• Current Symbol: NYSE:NUE
• CIK: 73309
• Web: www.nucor.com
• Phone: (704) 366-7000
• Fax: 704-362-4208
• Employees: 32,700
• Year Founded: 1958

Price Target and Rating

• Average Stock Price Target: $150.00
• High Stock Price Target: $169.00
• Low Stock Price Target: $135.00
• Potential Upside/Downside: +8.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.62
• Trailing P/E Ratio: 24.65
• Forward P/E Ratio: 18.13
• P/E Growth: 0.87
• Net Income: $2.03 billion
• Net Margins: 4.40%
• Pretax Margin: 6.45%
• Return on Equity: 6.82%
• Return on Assets: 4.27%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 2.52
• Quick Ratio: 1.48

Sales & Book Value

• Annual Sales: $30.73 billion
• Price / Sales: 1.04
• Cash Flow: $15.34 per share
• Price / Cash Flow: 9.03
• Book Value: $91.21 per share
• Price / Book: 1.52

Miscellaneous

• Outstanding Shares: 230,750,000
• Free Float: 229,690,000
• Market Cap: $31.96 billion
• Optionable: Optionable
• Beta: 1.70