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Nucor Stock Price, Forecast & Analysis (NYSE:NUE)

$54.67
-0.63 (-1.14 %)
(As of 11/14/2019 06:06 AM ET)
Today's Range
$54.66
Now: $54.67
$55.29
50-Day Range
$48.86
MA: $52.53
$55.79
52-Week Range
$46.10
Now: $54.67
$63.93
Volume1.31 million shs
Average Volume2.03 million shs
Market Capitalization$16.58 billion
P/E Ratio7.17
Dividend Yield2.88%
Beta1.65
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; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. Read More…

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$9.87 per share
Book Value$35.82 per share

Profitability

Net Income$2.36 billion

Miscellaneous

Employees26,300
Market Cap$16.58 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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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 Thursday, September 5th. Investors of record on Friday, September 27th will be paid a dividend of $0.40 per share on Friday, November 8th. This represents a $1.60 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date is Thursday, September 26th. View Nucor's Dividend History.

How will Nucor's stock buyback program work?

Nucor announced that its board has initiated a share buyback program on Thursday, September 6th 2018, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 10% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

How were Nucor's earnings last quarter?

Nucor Co. (NYSE:NUE) announced its quarterly earnings results on Tuesday, October, 22nd. The basic materials company reported $0.90 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.10. The basic materials company had revenue of $5.46 billion for the quarter, compared to analyst estimates of $5.57 billion. Nucor had a return on equity of 16.90% and a net margin of 7.62%. The company's quarterly revenue was down 19.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.33 EPS. View Nucor's Earnings History.

When is Nucor's next earnings date?

Nucor is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Nucor.

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

Nucor updated its third quarter 2019 earnings guidance on Monday, September, 16th. The company provided earnings per share (EPS) guidance of $0.75-0.80 for the period, compared to the Thomson Reuters consensus estimate of $1.06.

What price target have analysts set for NUE?

10 brokerages have issued 1 year price objectives for Nucor's stock. Their forecasts range from $46.00 to $62.00. On average, they anticipate Nucor's share price to reach $58.43 in the next year. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Nucor.

What is the consensus analysts' recommendation for Nucor?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 1 sell rating, 3 hold ratings and 6 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 trended somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nucor earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned media coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Nucor.

Are investors shorting Nucor?

Nucor saw a drop in short interest in the month of October. As of October 15th, there was short interest totalling 7,600,000 shares, a drop of 9.2% from the September 15th total of 8,370,000 shares. Based on an average daily volume of 2,090,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.5% of the shares of the stock are sold short. View Nucor's Current Options Chain.

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), AT&T (T), Cisco Systems (CSCO), Home Depot (HD), Exxon Mobil (XOM), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), Bank of America (BAC) and Johnson & Johnson (JNJ).

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. Raymond S. Napolitan Jr., P.E, Exec. VP of Engineered Bar Products (Age 61)

Who are Nucor's major shareholders?

Nucor's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.44%), California Public Employees Retirement System (0.27%), Teacher Retirement System of Texas (0.26%), Conning Inc. (0.23%), Rhumbline Advisers (0.17%) and Sabal Trust CO (0.15%). 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 SG Americas Securities LLC, Meeder Asset Management Inc., Virginia Retirement Systems ET AL, Bowling Portfolio Management LLC, AMF Pensionsforsakring AB, Teacher Retirement System of Texas, Sumitomo Mitsui Trust Holdings Inc. and Robeco Institutional Asset Management B.V.. Company insiders that have sold Nucor company stock in the last year include John J Ferriola, Ladd R Hall, Leon J Topalian and Raymond S Napolitan Jr. View Insider Buying and Selling for Nucor.

Which major investors are buying Nucor stock?

NUE stock was purchased by a variety of institutional investors in the last quarter, including Sabal Trust CO, Railway Pension Investments Ltd, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Daiwa Securities Group Inc., Park National Corp OH, Fluent Financial LLC and Tibra Equities Europe Ltd. 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, Robinhood, Fidelity and Charles Schwab.

What is Nucor's stock price today?

One share of NUE stock can currently be purchased for approximately $54.67.

How big of a company is Nucor?

Nucor has a market capitalization of $16.58 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 26,300 workers across the globe.View Additional Information About Nucor.

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:  616 (Vote Outperform)
Underperform Votes:  563 (Vote Underperform)
Total Votes:  1,179
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 11/14/2019 by MarketBeat.com Staff

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