NYSE:NUE - Nucor Stock Price, Forecast & News

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

Nucor announced a quarterly dividend on Tuesday, February 18th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.4025 per share on Monday, May 11th. This represents a $1.61 annualized dividend and a dividend yield of 3.89%. The ex-dividend date is Monday, March 30th. View Nucor's Dividend History.

Nucor announced that its Board of Directors has initiated a stock buyback plan 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 purchase up to 10% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

Nucor Co. (NYSE:NUE) announced its quarterly earnings results on Tuesday, January, 28th. The basic materials company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.21. The basic materials company had revenue of $5.13 billion for the quarter, compared to the consensus estimate of $5.01 billion. Nucor had a return on equity of 12.12% and a net margin of 5.63%. Nucor's revenue was down 18.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.07 earnings per share. View Nucor's Earnings History.

Nucor is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Nucor.

Nucor updated its fourth quarter 2019 Pre-Market earnings guidance on Thursday, December, 12th. The company provided earnings per share guidance of 0.25-0.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.68.

11 brokerages have issued 12 month price objectives for Nucor's stock. Their forecasts range from $46.00 to $71.00. On average, they anticipate Nucor's share price to reach $60.44 in the next year. This suggests a possible upside of 46.2% from the stock's current price. View Analyst Price Targets for Nucor.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 2 sell ratings, 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nucor.

News stories about NUE stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nucor earned a news impact score of -4.0 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Nucor.

Nucor saw a drop in short interest in January. As of January 31st, there was short interest totalling 7,420,000 shares, a drop of 7.9% from the January 15th total of 8,060,000 shares. Based on an average trading volume of 1,870,000 shares, the short-interest ratio is presently 4.0 days. Currently, 2.5% of the company's shares are sold short. View Nucor's Current Options Chain.

Some companies that are related to Nucor include Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Allegheny Technologies (ATI), Commercial Metals (CMC), Carpenter Technology (CRS), Worthington Industries (WOR), Cleveland-Cliffs (CLF), United States Steel (X), AK Steel (AKS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Nucor investors own include NVIDIA (NVDA), Home Depot (HD), AT&T (T), Cisco Systems (CSCO), Walt Disney (DIS), Exxon Mobil (XOM), Alibaba Group (BABA), Micron Technology (MU), AbbVie (ABBV) and Bank of America (BAC).

Nucor's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (6.38%), Capital World Investors (2.15%), Bank of New York Mellon Corp (1.80%), Geode Capital Management LLC (1.63%), Ceredex Value Advisors LLC (0.77%) and Franklin Resources Inc. (0.73%). Company insiders that own Nucor stock include D Chad Utermark, David A Sumoski, John J Ferriola, Ladd R Hall, Leon J Topalian, Raymond S Napolitan Jr 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 PGGM Investments, Teacher Retirement System of Texas, AQR Capital Management LLC, Public Sector Pension Investment Board, Pacer Advisors Inc., California Public Employees Retirement System, Calamos Advisors LLC and Baird Financial Group Inc.. 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.

NUE stock was purchased by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, State Street Corp, KAMES CAPITAL plc, Renaissance Technologies LLC, Exchange Traded Concepts LLC, Amundi Pioneer Asset Management Inc., ProShare Advisors LLC and AJO LP. 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, Robinhood, Fidelity and Charles Schwab.

One share of NUE stock can currently be purchased for approximately $41.35.

Nucor has a market capitalization of $12.54 billion and generates $22.59 billion in revenue each year. The basic materials company earns $1.27 billion in net income (profit) each year or $4.31 on an earnings per share basis. Nucor employs 26,300 workers across the globe.View Additional Information About Nucor.

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.