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

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

Nucor announced a quarterly dividend on Friday, November 30th. Stockholders 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 dividend yield of 2.81%. The ex-dividend date is Friday, December 28th. This is an increase from Nucor's previous quarterly dividend of $0.38. View Nucor's Dividend History.

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

Nucor Co. (NYSE:NUE) issued its earnings results on Thursday, October, 18th. The basic materials company reported $2.33 EPS for the quarter, missing analysts' consensus estimates of $2.35 by $0.02. The basic materials company earned $6.74 billion during the quarter, compared to analyst estimates of $6.64 billion. Nucor had a net margin of 8.79% and a return on equity of 20.72%. The company's quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 EPS. View Nucor's Earnings History.

Nucor is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. 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 guidance of $2.35-2.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.39.

14 equities research analysts have issued twelve-month price targets for Nucor's shares. 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 27.6% from the stock's current price. View Analyst Price Targets 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.

Media coverage about NUE stock has trended very positive on Monday, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nucor earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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

Nucor's stock is owned by many different 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.

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.

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.

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 $56.99.

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.

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.