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

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

Nucor declared a quarterly dividend on Thursday, September 6th. Investors of record on Friday, September 28th will be given a dividend of $0.38 per share on Friday, November 9th. This represents a $1.52 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Thursday, September 27th. View Nucor's Dividend History.

Nucor announced that its board has initiated a stock repurchase 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 reacquire up to 10% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its stock is undervalued.

Nucor Co. (NYSE:NUE) announced its quarterly earnings results on Thursday, July, 19th. The basic materials company reported $2.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.10 by $0.03. The basic materials company earned $6.46 billion during the quarter, compared to the consensus estimate of $6.47 billion. Nucor had a return on equity of 16.22% and a net margin of 7.58%. The company's revenue for the quarter was up 24.9% on a year-over-year basis. During the same period last year, the business earned $1.00 earnings per share. View Nucor's Earnings History.

Nucor is scheduled to release their next quarterly earnings announcement on Thursday, October, 18th 2018. View Earnings Estimates for Nucor.

Nucor issued an update on 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 EPS estimate of $2.39.

12 brokerages have issued 12 month target prices for Nucor's shares. Their predictions range from $56.04 to $80.00. On average, they expect Nucor's share price to reach $71.0867 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price. View Analyst Price Targets for Nucor.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nucor.

Some companies that are related to Nucor include ArcelorMittal (MT), POSCO (PKX), SUMITOMO Corp/S (SSUMY), Tenaris (TS), Steel Dynamics (STLD), EVRAZ (EVRZF), Ternium (TX), United States Steel (X), APERAM/SH N Y REGISTRY SH (APEMY), Carpenter Technology (CRS), Commercial Metals (CMC), AK Steel (AKS), USINAS SIDERURG/S (USNZY), SunCoke Energy (SXC) and SunCoke Energy Partners (SXCP).

Nucor's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.02%), Northern Trust Corp (1.68%), Wells Fargo & Company MN (1.51%), Dimensional Fund Advisors LP (1.47%), Bank of New York Mellon Corp (1.41%) and Bank of New York Mellon Corp (1.41%). 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.

NUE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, PointState Capital LP, Voya Investment Management LLC, Millennium Management LLC, OLD Republic International Corp, Nomura Holdings Inc., Morgan Stanley and United Services Automobile Association. 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, Ladd R Hall, Leon J Topalian, Raymond S Napolitan Jr, Robert J Stratman and Victoria F Haynes. View Insider Buying and Selling for Nucor.

NUE stock was acquired by a variety of institutional investors in the last quarter, including KBC Group NV, Ashler Capital LLC, Luminus Management LLC, Royal London Asset Management Ltd., MUFG Securities EMEA plc, Stevens Capital Management LP, Foundry Partners LLC and Tocqueville Asset Management L.P.. View Insider Buying and Selling for 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.

One share of NUE stock can currently be purchased for approximately $64.38.

Nucor has a market capitalization of $20.37 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.

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

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