About Nucor Corporation (NYSE:NUE)
Nucor Corporation (Nucor) manufactures steel and steel products. The Company produces direct reduced iron (DRI) for use in its steel mills. It operates in three segments: steel mills, steel products and raw materials. The steel mills segment produces and distributes sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar, wire rod and special bar quality). The steel products segment produces steel joists and joist girders, steel deck, fabricated concrete reinforcing steel and cold finished steel. The raw materials produces DRI; brokers ferrous and nonferrous metals, pig iron, HBI and DRI; supplies ferro-alloys, and processes ferrous and nonferrous scrap metal. It also processes ferrous and nonferrous metals and brokers ferrous and nonferrous metals, pig iron, hot briquetted iron (HBI) and DRI.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Steel
- Sub-Industry: Steel
- Symbol: NYSE:NUE
- CUSIP: 67034610
- Web: www.nucor.com
- Market Cap: $19.17 billion
- Outstanding Shares: 319,425,000
- 50 Day Moving Avg: $55.65
- 200 Day Moving Avg: $57.50
- 52 Week Range: $46.52 - $68.00
Sales & Book Value:
- Trailing P/E Ratio: 16.84
- Foreward P/E Ratio: 13.64
- P/E Growth: 0.77
- Annual Revenue: $18.24 billion
- Price / Sales: 1.05
- Book Value: $26.23 per share
- Price / Book: 2.29
- Annual Dividend: $1.51
- Dividend Yield: 2.6%
- EBITDA: $2.67 billion
- Net Margins: 5.80%
- Return on Equity: 12.91%
- Return on Assets: 6.96%
- Debt-to-Equity Ratio: 0.37%
- Current Ratio: 2.16%
- Quick Ratio: 1.16%
- Average Volume: 2.32 million shs.
- Beta: 1.54
- Short Ratio: 1.99
Frequently Asked Questions for Nucor Corporation (NYSE:NUE)
What is Nucor Corporation's stock symbol?
Nucor Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "NUE."
How often does Nucor Corporation pay dividends? What is the dividend yield for Nucor Corporation?
Nucor Corporation announced a quarterly dividend on Thursday, September 14th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.3775 per share on Thursday, November 9th. This represents a $1.51 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend is Thursday, September 28th. View Nucor Corporation's Dividend History.
How were Nucor Corporation's earnings last quarter?
Nucor Corporation (NYSE:NUE) issued its quarterly earnings results on Thursday, October, 19th. The company reported $0.79 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.78 by $0.01. The company had revenue of $5.17 billion for the quarter, compared to the consensus estimate of $5.19 billion. Nucor Corporation had a net margin of 5.80% and a return on equity of 12.91%. The company's revenue was up 20.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.88 EPS. View Nucor Corporation's Earnings History.
When will Nucor Corporation make its next earnings announcement?
Where is Nucor Corporation's stock going? Where will Nucor Corporation's stock price be in 2017?
15 analysts have issued twelve-month price objectives for Nucor Corporation's shares. Their forecasts range from $56.04 to $77.50. On average, they expect Nucor Corporation's stock price to reach $67.44 in the next year. View Analyst Ratings for Nucor Corporation.
Who are some of Nucor Corporation's key competitors?
Some companies that are related to Nucor Corporation include ArcelorMittal (MT), POSCO (PKX), Steel Dynamics (STLD), United States Steel Corporation (X), National Steel Company (SID), Gerdau S.A. (GGB), Commercial Metals Company (CMC), Carpenter Technology Corporation (CRS), Cliffs Natural Resources (CLF), Grupo Simec SAB de CV (SIM), Mechel PAO (MTL), Gibraltar Industries (ROCK), SunCoke Energy Partners, L.P. (SXCP), SunCoke Energy (SXC), L.B. Foster Company (FSTR), Dynamic Materials Corp. (BOOM), Olympic Steel (ZEUS) and Northwest Pipe Company (NWPX).
Who are Nucor Corporation's key executives?
Nucor Corporation's management team includes the folowing people:
- John J. Ferriola, Chairman of the Board, President, Chief Executive Officer
- James D. Frias, Chief Financial Officer, Executive Vice President, Treasurer
- James R. Darsey, Executive Vice President - Merchant and Rebar Products
- Ladd R. Hall, Executive Vice President - Flat-Rolled Products
- Raymond S. Napolitan Jr., Executive Vice President - Fabricated Construction Products
- Rober Joseph Stratman, Executive Vice President - Raw Materials
- David A. Sumoski, Executive Vice President - Engineered Bar Products
- D. Chad Utermark, Executive Vice President - Beam and Plate Products
- John H. Walker, Lead Independent Director
- Lloyd J. Austin III, Director
Who owns Nucor Corporation stock?
Nucor Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.13%), Robeco Institutional Asset Management B.V. (0.05%), State Treasurer State of Michigan (0.03%), Fisher Asset Management LLC (0.03%), Farmers & Merchants Investments Inc. (0.03%) and PGGM Investments (0.03%). Company insiders that own Nucor Corporation stock include Christopher J Kearney, D Chad Utermark, David A Sumoski, James D Frias, James R Darsey, John J Ferriola, Leon J Topalian, Raymond S Napolitan Jr, Robert J Stratman and Victoria F Haynes. View Institutional Ownership Trends for Nucor Corporation.
Who sold Nucor Corporation stock? Who is selling Nucor Corporation stock?
Nucor Corporation's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., PGGM Investments, Robeco Institutional Asset Management B.V., Park National Corp OH, State Treasurer State of Michigan and Fisher Asset Management LLC. Company insiders that have sold Nucor Corporation stock in the last year include David A Sumoski, James D Frias, John J Ferriola, Leon J Topalian, Raymond S Napolitan Jr and Victoria F Haynes. View Insider Buying and Selling for Nucor Corporation.
Who bought Nucor Corporation stock? Who is buying Nucor Corporation stock?
Nucor Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Wealth Enhancement Advisory Services LLC, Beacon Financial Group, Mutual of America Capital Management LLC, Eqis Capital Management Inc., Gilman Hill Asset Management LLC, Honkamp Krueger Financial Services Inc. and Bonness Enterprises Inc.. View Insider Buying and Selling for Nucor Corporation.
How do I buy Nucor Corporation stock?
Shares of Nucor Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Nucor Corporation's stock price today?
MarketBeat Community Rating for Nucor Corporation (NYSE NUE)MarketBeat's community ratings are surveys of what our community members think about Nucor Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Nucor Corporation stock can currently be purchased for approximately $60.00.
Consensus Ratings for Nucor Corporation (NYSE:NUE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings, 9 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$67.44 (12.39% upside)|Consensus Price Target History for Nucor Corporation (NYSE:NUE)
Analysts' Ratings History for Nucor Corporation (NYSE:NUE)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/23/2017||Cowen and Company||Boost Price Target||Market Perform -> Market Perform||$57.00 -> $63.00||N/A|
|10/20/2017||Bank of America Corporation||Lower Price Target||Buy||$73.00 -> $71.00||N/A|
|10/20/2017||Credit Suisse Group||Boost Price Target||Outperform||$63.00 -> $67.00||N/A|
|10/20/2017||Citigroup Inc.||Set Price Target||Buy||$65.00 -> $66.00||N/A|
|10/6/2017||Jefferies Group LLC||Reiterated Rating||Buy||$68.00||N/A|
|10/2/2017||Longbow Research||Downgrade||Buy -> Neutral||$55.01 -> $56.04||Low|
|9/18/2017||BMO Capital Markets||Reiterated Rating||Market Perform||$70.00 -> $62.00||Medium|
|9/12/2017||Morgan Stanley||Downgrade||Overweight -> Equal Weight||$78.00 -> $60.00||Low|
|9/6/2017||Macquarie||Initiated Coverage||Neutral -> Neutral||$57.00||Medium|
|7/19/2017||Berenberg Bank||Reiterated Rating||Buy||$77.50||High|
|5/15/2017||Barclays PLC||Reiterated Rating||Buy||$73.00||Low|
|3/22/2017||J P Morgan Chase & Co||Boost Price Target||Overweight||$70.00 -> $75.00||Low|
|3/21/2017||Deutsche Bank AG||Boost Price Target||Buy||$73.00 -> $75.00||High|
|12/12/2016||Argus||Boost Price Target||Buy||$65.00 -> $75.00||N/A|
|5/10/2016||Rosenblatt Securities||Boost Price Target||Neutral||$47.00 -> $51.00||N/A|
|4/13/2016||Standpoint Research||Downgrade||Buy -> Hold||$52.00||N/A|
|3/9/2016||Nomura||Boost Price Target||Buy||$47.00 -> $50.00||N/A|
|11/24/2015||BB&T Corporation||Initiated Coverage||Buy||$50.00||N/A|
Earnings History for Nucor Corporation (NYSE:NUE)Earnings History by Quarter for Nucor Corporation (NYSE NUE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/30/2018|| || || || || || || || |
|10/19/2017||Q3 2017||$0.78||$0.79||$5.19 billion||$5.17 billion||View||N/A|
|7/20/2017||Q2 2017||$1.06||$1.00||$5.08 billion||$5.17 billion||View||N/A|
|4/20/2017||Q1 17||$1.14||$1.11||$4.67 billion||$4.82 billion||View||N/A|
|1/31/2017||Q416||$0.34||$0.50||$3.78 billion||$3.96 billion||View||N/A|
|10/20/2016||Q316||$0.90||$0.88||$3.77 billion||$4.29 billion||View||Listen|
|7/21/2016||Q216||$0.70||$0.73||$4.49 billion||$4.25 billion||View||Listen|
|4/21/2016||Q116||$0.27||$0.22||$3.63 billion||$3.72 billion||View||Listen|
|1/28/2016||Q415||$0.23||$0.46||$3.68 billion||$3.46 billion||View||Listen|
|10/22/2015||Q315||$0.49||$0.71||$4.48 billion||$4.23 billion||View||Listen|
|7/23/2015||Q215||$0.25||$0.39||$4.58 billion||$4.36 billion||View||Listen|
|4/23/2015||Q115||$0.14||$0.21||$4.74 billion||$4.40 billion||View||N/A|
|1/27/2015||Q414||$0.55||$0.65||$5.37 billion||$5.00 billion||View||N/A|
|10/23/2014||Q314||$0.75||$0.76||$5.37 billion||$5.70 billion||View||Listen|
|7/24/2014||Q214||$0.39||$0.46||$5.21 billion||$5.29 billion||View||N/A|
|4/24/2014||Q114||$0.36||$0.41||$4.84 billion||$5.11 billion||View||N/A|
|1/27/2014||Q413||$0.40||$0.53||$4.78 billion||$4.90 billion||View||N/A|
|10/17/2013||Q313||$0.39||$0.46||$4.77 billion||$4.94 billion||View||N/A|
|7/18/2013||Q2 2013||$0.30||$0.27||$4.65 billion||$4.67 billion||View||N/A|
|4/18/2013||Q1 2013||$0.25||$0.26||$4.61 billion||$4.55 billion||View||N/A|
|1/29/2013||Q4 2012||$0.31||$0.43||$4.55 billion||$4.45 billion||View||N/A|
Earnings Estimates for Nucor Corporation (NYSE:NUE)
2017 EPS Consensus Estimate: $3.97
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Nucor Corporation (NYSE:NUE)
|Dividend Growth:||-8.50% (3 Year Average)|
|Payout Ratio:||43.90% (Trailing 12 Months of Earnings) |
40.05% (Based on This Year's Estimates)
34.32% (Based on Next Year's Estimates)
|Track Record:||43 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Nucor Corporation (NYSE NUE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Nucor Corporation (NYSE:NUE)
Insider Ownership Percentage: 0.70%Insider Trades by Quarter for Nucor Corporation (NYSE:NUE)
Institutional Ownership Percentage: 74.83%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/19/2017||Victoria F Haynes||Director||Sell||2,500||$55.16||$137,900.00|| |
|7/25/2017||David A Sumoski||Insider||Sell||2,537||$61.66||$156,431.42|| |
|7/24/2017||John J Ferriola||Chairman||Sell||14,941||$60.17||$898,999.97|| |
|7/24/2017||Leon J Topalian||Insider||Sell||2,626||$60.23||$158,163.98|| |
|4/27/2017||Victoria F Haynes||Director||Sell||3,000||$61.52||$184,560.00|| |
|4/25/2017||John J Ferriola||Chairman||Sell||12,232||$61.60||$753,491.20|| |
|3/15/2017||James D Frias||CFO||Sell||52,631||$62.57||$3,293,121.67|| |
|2/22/2017||Raymond S Napolitan Jr||Insider||Sell||12,400||$63.74||$790,376.00|| |
|7/28/2016||James D Frias||CFO||Sell||9,000||$53.14||$478,260.00|| |
|7/27/2016||John J Ferriola||Chairman||Sell||12,128||$54.12||$656,367.36|| |
|7/25/2016||James R Darsey||Insider||Sell||71,465||$52.45||$3,748,339.25|| |
|4/29/2016||Robert J Stratman||EVP||Sell||52,631||$49.90||$2,626,286.90|| |
|4/28/2016||D. Chad Utermark||EVP||Sell||2,050||$50.65||$103,832.50|| |
|2/22/2016||Raymond S Napolitan Jr||EVP||Sell||7,000||$39.94||$279,580.00|| |
|2/16/2016||Christopher J. Kearney||Director||Buy||5,000||$40.14||$200,700.00|| |
|2/12/2016||John J. Ferriola||CEO||Sell||12,003||$39.86||$478,439.58|| |
|2/1/2016||James D Frias||CFO||Sell||4,579||$38.78||$177,573.62|| |
|4/28/2015||Gregory Hayes||Director||Buy||4,050||$49.49||$200,434.50|| |
|5/1/2014||James Darsey||EVP||Sell||26,791||$51.97||$1,392,328.27|| |
|4/30/2014||Ladd Hall||EVP||Sell||19,573||$51.63||$1,010,553.99|| |
|3/3/2014||Peter Browning||Director||Sell||5,674||$49.66||$281,770.84|| |
|10/21/2013||Robert J Stratman||EVP||Sell||15,397||$51.37||$790,943.89|| |
|2/4/2013||Peter C Browning||Director||Sell||1,200||$46.09||$55,308.00|| |
Headline Trends for Nucor Corporation (NYSE:NUE)
Latest Headlines for Nucor Corporation (NYSE:NUE)
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Nucor Corporation (NUE) Chart for Monday, October, 23, 2017