NYSE:NUE - Nucor Stock Price, News, & Analysis

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$61.19 +0.13 (+0.21 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$61.19
Today's Range$60.97 - $62.04
52-Week Range$49.79 - $69.79
Volume1.85 million shs
Average Volume2.88 million shs
Market Capitalization$19.21 billion
P/E Ratio8.03
Dividend Yield2.62%
Beta1.51
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; hollow structural section steel tubing, steel electrical conduit, plate steel, and structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, wire rods, and special bar quality; and tubular and plate steel products. This segment sells its products to steel service centers, fabricators, and manufacturers in automotive, energy, agricultural, heavy equipment, and transportation sectors. The Steel Products segment produces steel joists and joist girders, steel decks, fabricated concrete reinforcing and cold finished steel products, steel fasteners, metal building systems, steel gratings and expanded metal, and wire and wire mesh products to general contractors, fabricators, distributors, and manufacturers. Its products are used by contractors in constructing highways, bridges, reservoirs, utilities, hospitals, schools, airports, stadiums, and high-rise buildings. The Raw Materials segment produces direct reduced iron; processes ferrous and nonferrous metals; brokers ferrous and nonferrous metals, pig iron, hot briquetted iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for use in manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. The company offers its products through its in-house sales forces; and internal distribution and trading companies. The company was founded in 1940 and is based in Charlotte, North Carolina.

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Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
CUSIP67034610
Phone704-366-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$25.07 billion
Cash Flow$10.0311 per share
Book Value$32.50 per share

Profitability

Net Income$2.36 billion

Miscellaneous

Employees25,100
Market Cap$19.21 billion
Next Earnings Date4/18/2019 (Estimated)
OptionableOptionable

Nucor (NYSE:NUE) Frequently Asked Questions

What is Nucor's stock symbol?

Nucor trades on the New York Stock Exchange (NYSE) under the ticker symbol "NUE."

How often does Nucor pay dividends? What is the dividend yield for Nucor?

Nucor declared a quarterly dividend on Tuesday, February 19th. Investors of record on Friday, March 29th will be given a dividend of $0.40 per share on Friday, May 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, March 28th. View Nucor's Dividend History.

How will Nucor's stock buyback program work?

Nucor declared that its Board of Directors has approved a share buyback plan on Thursday, September 6th 2018, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

How were Nucor's earnings last quarter?

Nucor Co. (NYSE:NUE) posted its quarterly earnings data on Tuesday, January, 29th. The basic materials company reported $2.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.93 by $0.14. The basic materials company had revenue of $6.30 billion for the quarter, compared to analyst estimates of $6.29 billion. Nucor had a return on equity of 24.57% and a net margin of 9.42%. Nucor's revenue for the quarter was up 23.6% compared to the same quarter last year. During the same period last year, the firm earned $0.65 earnings per share. View Nucor's Earnings History.

When is Nucor's next earnings date?

Nucor is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Nucor.

What guidance has Nucor issued on next quarter's earnings?

Nucor issued an update on its fourth quarter earnings guidance on Friday, December, 14th. The company provided earnings per share (EPS) guidance of $1.90-1.95 for the period, compared to the Thomson Reuters consensus estimate of $1.99.

What price target have analysts set for NUE?

13 brokers have issued twelve-month price targets for Nucor's stock. Their predictions range from $59.00 to $80.00. On average, they expect Nucor's share price to reach $71.40 in the next year. This suggests a possible upside of 16.7% from the stock's current price. View Analyst Price Targets for Nucor.

What is the consensus analysts' recommendation for Nucor?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nucor.

Has Nucor been receiving favorable news coverage?

Media stories about NUE stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Nucor earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave press coverage about the basic materials company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the near term.

Who are some of Nucor's key competitors?

What other stocks do shareholders of Nucor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nucor investors own include NVIDIA (NVDA), Home Depot (HD), Intel (INTC), JPMorgan Chase & Co. (JPM), Bank of America (BAC), AT&T (T), Alibaba Group (BABA), Exxon Mobil (XOM), Citigroup (C) and Micron Technology (MU).

Who are Nucor's key executives?

Nucor's management team includes the folowing people:
  • Mr. John J. Ferriola, Chairman, CEO & Pres (Age 66)
  • Mr. James D. Frias, CFO, Treasurer & Exec. VP (Age 62)
  • Mr. Ladd R. Hall, Exec. VP of Flat-Rolled Products (Age 62)
  • Mr. R. Joseph Stratman, Chief Digital Officer & Exec. VP (Age 62)
  • Mr. Michael D. Keller, VP, Corp. Controller & Principal Accounting Officer

Who are Nucor's major shareholders?

Nucor's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.37%), Northern Trust Corp (1.74%), Bank of New York Mellon Corp (1.74%), Geode Capital Management LLC (1.59%), Dimensional Fund Advisors LP (1.52%) and Oregon Public Employees Retirement Fund (1.43%). Company insiders that own Nucor stock include D Chad Utermark, David A Sumoski, James D Frias, John J Ferriola, Ladd R Hall, Leon J Topalian, Raymond S Napolitan Jr, Robert J Stratman and Victoria F Haynes. View Institutional Ownership Trends for Nucor.

Which major investors are selling Nucor stock?

NUE stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Alps Advisors Inc., Two Sigma Advisers LP, Prudential Financial Inc., Cullen Frost Bankers Inc., Amundi Pioneer Asset Management Inc., Rampart Investment Management Company LLC and Principal Financial Group Inc.. Company insiders that have sold Nucor company stock in the last year include D Chad Utermark, David A Sumoski, John J Ferriola, Leon J Topalian, Raymond S Napolitan Jr and Victoria F Haynes. View Insider Buying and Selling for Nucor.

Which major investors are buying Nucor stock?

NUE stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Millennium Management LLC, Lord Abbett & CO. LLC, BlackRock Inc., Geode Capital Management LLC, Bank of New York Mellon Corp, Nordea Investment Management AB and APG Asset Management N.V.. View Insider Buying and Selling for Nucor.

How do I buy shares of Nucor?

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

What is Nucor's stock price today?

One share of NUE stock can currently be purchased for approximately $61.19.

How big of a company is Nucor?

Nucor has a market capitalization of $19.21 billion and generates $25.07 billion in revenue each year. The basic materials company earns $2.36 billion in net income (profit) each year or $7.62 on an earnings per share basis. Nucor employs 25,100 workers across the globe.

What is Nucor's official website?

The official website for Nucor is http://www.nucor.com.

How can I contact Nucor?

Nucor's mailing address is 1915 REXFORD ROAD, CHARLOTTE NC, 28211. The basic materials company can be reached via phone at 704-366-7000.


MarketBeat Community Rating for Nucor (NYSE NUE)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  571 (Vote Outperform)
Underperform Votes:  522 (Vote Underperform)
Total Votes:  1,093
MarketBeat's community ratings are surveys of what our community members think about Nucor and other stocks. Vote "Outperform" if you believe NUE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NUE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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