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

Sign in or create an account to add this stock to your watchlist.
$57.45 +0.99 (+1.75 %)
(As of 12/12/2018 09:37 AM ET)
Previous Close$56.46
Today's Range$57.23 - $57.64
52-Week Range$55.55 - $70.48
Volume78,507 shs
Average Volume2.56 million shs
Market Capitalization$18.05 billion
P/E Ratio16.37
Dividend Yield2.64%
Beta1.47
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.

Receive NUE News and Ratings via Email

Sign-up to receive the latest news and ratings for NUE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
Current SymbolNYSE:NUE
Previous Symbol
CUSIP67034610
Phone704-366-7000

Debt

Debt-to-Equity Ratio0.42
Current Ratio3.15
Quick Ratio1.69

Price-To-Earnings

Trailing P/E Ratio16.37
Forward P/E Ratio7.59
P/E Growth0.63

Sales & Book Value

Annual Sales$20.25 billion
Price / Sales0.89
Cash Flow$5.8384 per share
Price / Cash Flow9.84
Book Value$28.58 per share
Price / Book2.01

Profitability

EPS (Most Recent Fiscal Year)$3.51
Net Income$1.32 billion
Net Margins8.79%
Return on Equity20.72%
Return on Assets11.78%

Miscellaneous

Employees25,100
Outstanding Shares313,930,000
Market Cap$18.05 billion
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 announced a quarterly dividend on Friday, November 30th. Shareholders of record on Monday, December 31st will be given a dividend of $0.40 per share on Monday, February 11th. This represents a $1.60 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend is Friday, December 28th. This is an increase from Nucor's previous quarterly dividend of $0.38. View Nucor's Dividend History.

How will Nucor's stock buyback program work?

Nucor announced that its board has approved a stock repurchase program 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 repurchase up to 10% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

How were Nucor's earnings last quarter?

Nucor Co. (NYSE:NUE) issued its earnings results on Thursday, October, 18th. The basic materials company reported $2.33 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.35 by $0.02. The basic materials company had revenue of $6.74 billion for the quarter, compared to the consensus estimate of $6.64 billion. Nucor had a net margin of 8.79% and a return on equity of 20.72%. The company's revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.83 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 Tuesday, January 29th 2019. View Earnings Estimates for Nucor.

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

Nucor updated its third quarter earnings guidance on Friday, September, 14th. The company provided earnings per share (EPS) guidance of $2.35-2.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.39.

What price target have analysts set for NUE?

14 equities research analysts have issued twelve-month price objectives for Nucor's stock. Their forecasts range from $59.00 to $80.00. On average, they expect Nucor's stock price to reach $72.7273 in the next year. This suggests a possible upside of 28.8% from the stock's current price. View Analyst Price Targets for Nucor.

What is the consensus analysts' recommendation for Nucor?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 4 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?

Press coverage about NUE stock has been trending positive on Wednesday, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Nucor earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Who are some of Nucor's key competitors?

Who are Nucor's key executives?

Nucor's management team includes the folowing people:
  • Mr. John J. Ferriola, Chairman, CEO & Pres (Age 65)
  • Mr. James D. Frias, CFO, Treasurer & Exec. VP (Age 61)
  • Mr. Ladd R. Hall, Exec. VP of Flat-Rolled Products (Age 61)
  • Mr. R. Joseph Stratman, Chief Digital Officer & Exec. VP (Age 61)
  • Mr. Michael D. Keller, VP, Corp. Controller & Principal Accounting Officer

Who are Nucor's major shareholders?

Nucor's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.02%), BlackRock Inc. (7.07%), Capital World Investors (2.63%), Clearbridge Investments LLC (2.44%), Bank of New York Mellon Corp (1.57%) and Wells Fargo & Company MN (1.52%). 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 institutional investors are selling Nucor stock?

NUE stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Capital World Investors, FMR LLC, Clearbridge Investments LLC, Mitsubishi UFJ Trust & Banking Corp, Morgan Stanley, QCI Asset Management Inc. NY and AQR Capital Management LLC. Company insiders that have sold Nucor company stock in the last year include D Chad Utermark, David A Sumoski, James D Frias, John J Ferriola, Leon J Topalian, Raymond S Napolitan Jr, Robert J Stratman and Victoria F Haynes. View Insider Buying and Selling for Nucor.

Which institutional investors are buying Nucor stock?

NUE stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Bank of New York Mellon Corp, Deutsche Bank AG, Man Group plc, Luminus Management LLC, Great West Life Assurance Co. Can, Victory Capital Management Inc. and Credit Suisse AG. 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 $56.46.

How big of a company is Nucor?

Nucor has a market capitalization of $18.05 billion and generates $20.25 billion in revenue each year. The basic materials company earns $1.32 billion in net income (profit) each year or $3.51 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:  562 (Vote Outperform)
Underperform Votes:  514 (Vote Underperform)
Total Votes:  1,076
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 12/12/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel