S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
NYSE:NUE

Nucor Stock Forecast, Price & News

$95.31
+2.26 (+2.43%)
(As of 01/24/2022 12:00 AM ET)
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Today's Range
$88.50
$95.91
50-Day Range
$93.05
$122.72
52-Week Range
$47.94
$128.81
Volume
6.32 million shs
Average Volume
3.87 million shs
Market Capitalization
$27.24 billion
P/E Ratio
5.70
Dividend Yield
2.15%
Beta
1.42
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Nucor logo

About Nucor

Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment comprises of carbon and alloy steel in sheet, bars; structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments. The Steel Products segment includes steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating, tubular products businesses, piling products business, and wire and wire mesh. The Raw Materials segment consists of direct reduced iron, and ferrous and nonferrous metals. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC.

Headlines

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Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
Steel
CUSIP
67034610
Employees
26,400
Year Founded
1958

Sales & Book Value

Annual Sales
$20.14 billion
Cash Flow
$5.14 per share
Book Value
$37.20 per share

Profitability

Net Income
$721.47 million
Pretax Margin
20.43%

Debt

Price-To-Earnings

Miscellaneous

Free Float
283,770,000
Market Cap
$27.24 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 11/10 Dividend
9/29/2021
Last Earnings
10/20/2021
Dividend Payable
11/10/2021
Ex-Dividend for 2/11 Dividend
12/30/2021
Today
1/25/2022
Next Earnings (Confirmed)
1/27/2022
Dividend Payable
2/11/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.91 out of 5 stars

Basic Materials Sector

19th out of 223 stocks

Blast Furnaces & Steel Mills Industry

2nd out of 19 stocks

Analyst Opinion: 2.1Community Rank: 4.5Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Nucor (NYSE:NUE) Frequently Asked Questions

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 1 sell rating, 7 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 top-rated stocks.

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

Nucor's stock was trading at $35.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NUE stock has increased by 169.0% and is now trading at $95.31.
View which stocks have been most impacted by COVID-19
.

When is Nucor's next earnings date?

Nucor is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
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 27th at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Nucor's earnings last quarter?

Nucor Co. (NYSE:NUE) issued its earnings results on Wednesday, October, 20th. The basic materials company reported $7.28 EPS for the quarter, missing the consensus estimate of $7.46 by $0.18. The basic materials company earned $10.31 billion during the quarter, compared to analyst estimates of $10.24 billion. Nucor had a net margin of 15.86% and a trailing twelve-month return on equity of 40.10%. Nucor's revenue was up 109.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.63 EPS.
View Nucor's earnings history
.

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

Nucor declared a quarterly dividend on Thursday, December 2nd. Stockholders of record on Friday, December 31st will be given a dividend of $0.50 per share on Friday, February 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend is Thursday, December 30th. This is a boost from Nucor's previous quarterly dividend of $0.41.
View Nucor's dividend history
.

Is Nucor a good dividend stock?

Nucor pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.15%. Nucor has been increasing its dividend for 49 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Nucor is 11.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Nucor will have a dividend payout ratio of 13.32% next year. This indicates that Nucor will be able to sustain or increase its dividend.
View Nucor's dividend history.

How will Nucor's stock buyback program work?

Nucor declared that its Board of Directors has authorized a stock repurchase program on Thursday, December 2nd 2021, which authorizes the company to buyback $4,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 13% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its shares are undervalued.

What price target have analysts set for NUE?

11 brokerages have issued twelve-month price objectives for Nucor's shares. Their forecasts range from $80.00 to $142.00. On average, they anticipate Nucor's stock price to reach $115.30 in the next year. This suggests a possible upside of 21.0% from the stock's current price.
View analysts' price targets for Nucor
or view top-rated stocks among Wall Street analysts.

Who are Nucor's key executives?

Nucor's management team includes the following people:

What is John J. Ferriola's approval rating as Nucor's CEO?

103 employees have rated Nucor CEO John J. Ferriola on Glassdoor.com. John J. Ferriola has an approval rating of 91% among Nucor's employees. This puts John J. Ferriola in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Home Depot (HD), JPMorgan Chase & Co. (JPM) and Walt Disney (DIS).

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 variety of institutional and retail investors. Top institutional investors include Nordea Investment Management AB (0.35%), New York State Teachers Retirement System (0.12%), Aegon Asset Management UK PLC (0.11%), Russell Investments Group Ltd. (0.09%), Royal London Asset Management Ltd. (0.07%) and Scout Investments Inc. (0.07%). Company insiders that own Nucor stock include Allen C Behr, Allen C Behr, Craig A Feldman, D Chad Utermark, Daniel R Needham, David A Sumoski, Douglas J Jellison, James D Frias, James D Frias, Kenneth Rex Query, Leon J Topalian, Michael D Keller, Raymond S Napolitan Jr and Raymond S Napolitan, Jr.
View institutional ownership trends for Nucor
.

Which institutional investors are selling Nucor stock?

NUE stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Retirement Systems of Alabama, Cantor Fitzgerald Investment Adviser L.P., IFP Advisors Inc, M&G Investment Management Ltd., Aegon Asset Management UK PLC, Huntington National Bank, and Kinloch Capital LLC. Company insiders that have sold Nucor company stock in the last year include Allen C Behr, Craig A Feldman, D Chad Utermark, Daniel R Needham, David A Sumoski, Douglas J Jellison, James D Frias, Kenneth Rex Query, Leon J Topalian, Michael D Keller, Raymond S Napolitan Jr, and Raymond S Napolitan, Jr.
View insider buying and selling activity for Nucor
or view top insider-selling stocks.

Which institutional investors are buying Nucor stock?

NUE stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., AustralianSuper Pty Ltd, AE Wealth Management LLC, National Bank of Canada FI, Nordea Investment Management AB, Royal London Asset Management Ltd., Sciencast Management LP, and Aries Wealth Management.
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.
Compare Top Brokerages Here.

What is Nucor's stock price today?

One share of NUE stock can currently be purchased for approximately $95.31.

How much money does Nucor make?

Nucor has a market capitalization of $27.24 billion and generates $20.14 billion in revenue each year. The basic materials company earns $721.47 million in net income (profit) each year or $16.72 on an earnings per share basis.

How many employees does Nucor have?

Nucor employs 26,400 workers across the globe.

Does Nucor have any subsidiaries?

The following companies are subsidiares of Nucor: Ambassador Steel Corporation, Corporacion POK SA de CV, Gallatin Steel Company, Harris Steel Inc., Harris Steel ULC, Harris U.S. Holdings Inc., Independence Tube Corporation, Joy Global - Steel Plate mill, Magnatrax Corporation, Nu-Iron Unlimited, Nucor Castrip Arkansas LLC, Nucor Energy Holdings Inc., Nucor Steel Auburn Inc., Nucor Steel Birmingham Inc., Nucor Steel Connecticut Inc., Nucor Steel Decatur LLC, Nucor Steel Florida Inc., Nucor Steel Gallatin LLC, Nucor Steel Jackson Inc., Nucor Steel Kankakee Inc., Nucor Steel Kingman LLC, Nucor Steel Louisiana LLC, Nucor Steel Marion Inc., Nucor Steel Memphis Inc., Nucor Steel Seattle Inc., Nucor Steel Sedalia LLC, Nucor Steel Tuscaloosa Inc., Nucor-Yamato Steel Company, Republic Conduit, Republic Conduit Inc., Skyline Steel, Skyline Steel LLC, Southland Tube Inc, Southland Tube Inc., St. Louis Cold Drawn Inc, St. Louis Cold Drawn LLC, The David J. Joseph Company, and Vulcraft-Omega.

When was Nucor founded?

Nucor was founded in 1958.

What is Nucor's official website?

The official website for Nucor is www.nucor.com.

Where are Nucor's headquarters?

Nucor is headquartered at 1915 REXFORD ROAD, CHARLOTTE NC, 28211.

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 or via fax at 704-362-4208.


This page was last updated on 1/25/2022 by MarketBeat.com Staff

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