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NYSE:NUE

Nucor Stock Forecast, Price & News

$47.76
-0.18 (-0.38 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$46.78
Now: $47.76
$47.94
50-Day Range
$44.67
MA: $47.55
$50.19
52-Week Range
$27.52
Now: $47.76
$58.70
Volume3.11 million shs
Average Volume2.42 million shs
Market Capitalization$14.42 billion
P/E Ratio28.43
Dividend Yield3.36%
Beta1.4
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.91 out of 5 stars

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$6.61 per share
Book Value$35.59 per share

Profitability

Net Income$1.27 billion

Miscellaneous

Market Cap$14.42 billion
Next Earnings Date1/26/2021 (Estimated)
OptionableOptionable
$47.76
-0.18 (-0.38 %)
(As of 10/30/2020 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 price 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 (WHO). Since then, NUE stock has increased by 34.8% and is now trading at $47.76.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Nucor?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Nucor
.

When is Nucor's next earnings date?

Nucor is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Nucor
.

How were Nucor's earnings last quarter?

Nucor Co. (NYSE:NUE) announced its quarterly earnings results on Thursday, October, 22nd. The basic materials company reported $0.63 EPS for the quarter, topping analysts' consensus estimates 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 2.49% and a return on equity of 7.95%. The company's quarterly revenue was down 9.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.90 earnings per share.
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, September 10th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.4025 per share on Tuesday, November 10th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Tuesday, September 29th.
View Nucor's dividend history
.

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

Nucor issued an update on its fourth quarter earnings guidance on Thursday, October, 22nd. The company provided earnings per share (EPS) guidance of above $0.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.63.

What price target have analysts set for NUE?

11 Wall Street analysts have issued 12 month target prices for Nucor's shares. Their forecasts range from $41.00 to $65.00. On average, they expect Nucor's stock price to reach $49.50 in the next year. This suggests a possible upside of 3.6% from the stock's current price.
View analysts' price targets for Nucor
.

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), 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 52, Pay $1.67M)
  • Mr. James D. Frias, CFO, Treasurer & Exec. VP (Age 63, Pay $1.26M)
  • Mr. Raymond S. Napolitan Jr., P.E, Exec. VP of Engineered Bar Products & Digital (Age 62, Pay $1.63M)
  • Mr. D. Chad Utermark, Exec. VP of Fabricated Construction Products (Age 51, Pay $1.49M)
  • Mr. David A. Sumoski, Exec. VP of Bar, Rebar Fabrication & Construction Services (Age 53, Pay $1.49M)
  • Paul Donnelly, Director of Investor Relations
  • Gregory J. Murphy, VP & Gen. Counsel
  • John R. Bass, Gen. Mang. of Public Affairs
  • Donovan E. Marks, Gen. Mang. of HR
  • Mr. Craig A. Feldman, Exec. VP of Raw Materials (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 variety of retail and institutional investors. Top institutional investors include Conning Inc. (0.26%), Toronto Dominion Bank (0.21%), Prudential PLC (0.19%), KAMES CAPITAL plc (0.16%), Robeco Institutional Asset Management B.V. (0.16%) and Standard Life Aberdeen plc (0.11%). Company insiders that own Nucor stock include Allen C Behr, 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
.

Which institutional investors are selling Nucor stock?

NUE stock was sold by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, Prudential PLC, Adams Natural Resources Fund Inc., State of Alaska Department of Revenue, WINTON GROUP Ltd, Conning Inc., Redpoint Investment Management Pty Ltd, and Sigma Investment Counselors Inc.. Company insiders that have sold Nucor company stock in the last year include Allen C Behr, David A Sumoski, and Leon J Topalian.
View insider buying and selling activity for Nucor
.

Which institutional investors are buying Nucor stock?

NUE stock was purchased by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Braun Stacey Associates Inc., Robeco Institutional Asset Management B.V., Retirement Systems of Alabama, Dupont Capital Management Corp, Monument Capital Management, Pacer Advisors Inc., and DekaBank Deutsche Girozentrale.
View insider buying and selling activity for Nucor
.

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 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 $47.76.

How big of a company is Nucor?

Nucor has a market capitalization of $14.42 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 10/31/2020 by MarketBeat.com Staff

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