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DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:NUE

Nucor Stock Forecast, Price & News

$55.47
-1.21 (-2.13 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$54.24
Now: $55.47
$55.95
50-Day Range
$52.08
MA: $54.94
$58.10
52-Week Range
$27.52
Now: $55.47
$58.52
Volume1.61 million shs
Average Volume1.81 million shs
Market Capitalization$16.75 billion
P/E Ratio39.34
Dividend Yield2.86%
Beta1.33
Nucor Corporation manufactures and sells steel and steel products. 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. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. The Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, DRI, and 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 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 incorporated in 1958 and is based in Charlotte, North Carolina.
Nucor logo

MarketRank

Overall MarketRank

2.16 out of 5 stars

Basic Materials Sector

39th out of 651 stocks

Blast Furnaces & Steel Mills Industry

4th out of 21 stocks

Analyst Opinion: 1.1Community Rank: 2.6Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustrySteel
CUSIP67034610
Phone704-366-7000
Employees26,800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$22.59 billion
Cash Flow$6.64 per share
Book Value$35.59 per share

Profitability

Net Income$1.27 billion

Miscellaneous

Market Cap$16.75 billion
Next Earnings Date1/28/2021 (Confirmed)
OptionableOptionable
$55.47
-1.21 (-2.13 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Nucor (NYSE:NUE) Frequently Asked Questions

How has Nucor's stock been impacted by Coronavirus (COVID-19)?

Nucor's stock was trading at $35.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NUE shares have increased by 56.6% and is now trading at $55.47.
View which stocks have been most impacted by COVID-19
.

Is Nucor a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Nucor stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NUE, but not buy additional shares or sell existing shares.
View analyst ratings for Nucor
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Nucor?

Wall Street analysts have given Nucor a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Nucor wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Nucor's next earnings date?

Nucor is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for Nucor
.

How can I listen to Nucor's earnings call?

Nucor will be holding an earnings conference call on Thursday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Nucor's earnings last quarter?

Nucor Co. (NYSE:NUE) issued its quarterly earnings data on Thursday, October, 22nd. The basic materials company reported $0.63 EPS for the quarter, beating the Zacks' consensus estimate of $0.53 by $0.10. The basic materials company earned $4.93 billion during the quarter, compared to the consensus estimate of $4.59 billion. Nucor had a net margin of 2.15% and a return on equity of 7.21%. The company's revenue was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.90 earnings per share.
View Nucor's earnings history
.

How often does Nucor pay dividends? What is the dividend yield for Nucor?

Nucor announced a quarterly dividend on Thursday, December 3rd. Shareholders of record on Thursday, December 31st will be given a dividend of $0.405 per share on Thursday, February 11th. This represents a $1.62 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend is Wednesday, December 30th. This is a positive change from Nucor's previous quarterly dividend of $0.40.
View Nucor's dividend history
.

Is Nucor a good dividend stock?

Nucor pays an annual dividend of $1.62 per share and currently has a dividend yield of 2.86%. Nucor has been increasing its dividend for 48 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Nucor is 37.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Nucor will have a dividend payout ratio of 46.29% next year. This indicates that Nucor will be able to sustain or increase its dividend.
View Nucor's dividend history.

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

Nucor updated its fourth quarter earnings guidance on Thursday, December, 17th. The company provided earnings per share (EPS) guidance of $1.15-1.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.08.

What price target have analysts set for NUE?

11 Wall Street analysts have issued twelve-month price objectives for Nucor's shares. Their forecasts range from $41.00 to $60.00. On average, they expect Nucor's stock price to reach $49.00 in the next twelve months. This suggests that the stock has a possible downside of 11.7%.
View analysts' price targets for Nucor
or view Wall Street analyst' top-rated stocks.

Are investors shorting Nucor?

Nucor saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 3,360,000 shares, an increase of 15.9% from the December 15th total of 2,900,000 shares. Based on an average daily trading volume, of 1,820,000 shares, the short-interest ratio is presently 1.8 days. Approximately 1.1% of the shares of the stock are sold short.
View Nucor's Short Interest
.

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 AT&T (T), AbbVie (ABBV), NVIDIA (NVDA), Cisco Systems (CSCO), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Intel (INTC), The Home Depot (HD), JPMorgan Chase & Co. (JPM) and The Walt Disney (DIS).

Who are Nucor's key executives?

Nucor's management team includes the following people:
  • Mr. Leon J. Topalian, Pres, CEO & Director (Age 53, Pay $1.67M)
  • Mr. James D. Frias, CFO, Treasurer & Exec. VP (Age 64, Pay $1.26M)
  • Mr. David A. Sumoski, COO and Exec. VP of Bar, Rebar Fabrication & Construction Services (Age 54, Pay $1.49M)
  • Mr. Raymond S. Napolitan Jr., P.E, Exec. VP of Engineered Bar Products & Digital (Age 63, Pay $1.63M)
  • Mr. D. Chad Utermark, Exec. VP of Fabricated Construction Products (Age 52, Pay $1.49M)
  • Paul Donnelly, Director of Investor Relations
  • Mr. Gregory J. Murphy, Exec. VP of Bus. Services & Gen. Counsel
  • John R. Bass, Gen. Mang. of Public Affairs
  • Donovan E. Marks, Gen. Mang. of HR
  • Mr. K. Rex Query, Exec. VP of Sheet and Tubular Products (Age 55)

What is Nucor's stock symbol?

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

Who are Nucor's major shareholders?

Nucor's stock is owned by a number of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.04%), State of Alaska Department of Revenue (0.04%), Insight Folios Inc (0.03%), Huntington National Bank (0.02%), HGK Asset Management Inc. (0.02%) and Butensky & Cohen Financial Security Inc. (0.02%). Company insiders that own Nucor stock include Allen C Behr, D Chad Utermark, David A Sumoski, John J Ferriola, Ladd R Hall, Leon J Topalian and Raymond S Napolitan Jr.
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 Wedge Capital Management L L P NC, Crossmark Global Holdings Inc., State of Alaska Department of Revenue, First Citizens Bank & Trust Co., Park National Corp OH, First Financial Bank Trust Division, NBT Bank N A NY, and Bowling Portfolio Management LLC. Company insiders that have sold Nucor company stock in the last year include Allen C Behr, D Chad Utermark, David A Sumoski, and Leon J Topalian.
View insider buying and selling activity for Nucor
or view top insider-selling stocks.

Which major investors are buying Nucor stock?

NUE stock was purchased by a variety of institutional investors in the last quarter, including Silverleafe Capital Partners LLC, Cypress Capital Group, Patriot Financial Group Insurance Agency LLC, Diversified Trust Co, Butensky & Cohen Financial Security Inc., Insight Folios Inc, IFM Investors Pty Ltd, and Louisiana State Employees Retirement System.
View insider buying and selling activity for Nucor
or or view top insider-buying stocks.

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 WeBull, 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 $55.47.

How big of a company is Nucor?

Nucor has a market capitalization of $16.75 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 26,800 workers across the globe.

What is Nucor's official website?

The official website for Nucor is 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.

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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