NYSE:NUE - Nucor Stock Price, News, & Analysis

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$54.89 +0.07 (+0.13 %)
(As of 12/18/2018 11:20 AM ET)
Previous Close$54.82
Today's Range$54.84 - $55.77
52-Week Range$54.13 - $70.48
Volume853,143 shs
Average Volume2.11 million shs
Market Capitalization$17.70 billion
P/E Ratio15.64
Dividend Yield2.70%
Beta1.47
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. 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; hollow structural section steel tubing, steel electrical conduit, plate steel, and structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, wire rods, and special bar quality; and tubular and plate steel products. This segment sells its products to steel service centers, fabricators, and manufacturers in automotive, energy, agricultural, heavy equipment, and transportation sectors. The Steel Products segment produces steel joists and joist girders, steel decks, fabricated concrete reinforcing and cold finished steel products, steel fasteners, metal building systems, steel gratings and expanded metal, and wire and wire mesh products to general contractors, fabricators, distributors, and manufacturers. Its products are used by contractors in constructing highways, bridges, reservoirs, utilities, hospitals, schools, airports, stadiums, and high-rise buildings. The Raw Materials segment produces direct reduced iron; processes ferrous and nonferrous metals; brokers ferrous and nonferrous metals, pig iron, 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 use in 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 founded in 1940 and is based in Charlotte, North Carolina.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
Current SymbolNYSE:NUE
Previous Symbol
CUSIP67034610
Phone704-366-7000

Debt

Debt-to-Equity Ratio0.42
Current Ratio3.15
Quick Ratio1.69

Price-To-Earnings

Trailing P/E Ratio15.64
Forward P/E Ratio7.27
P/E Growth0.62

Sales & Book Value

Annual Sales$20.25 billion
Price / Sales0.85
Cash Flow$5.6881 per share
Price / Cash Flow9.65
Book Value$28.58 per share
Price / Book1.92

Profitability

EPS (Most Recent Fiscal Year)$3.51
Net Income$1.32 billion
Net Margins8.79%
Return on Equity20.72%
Return on Assets11.78%

Miscellaneous

Employees25,100
Outstanding Shares313,930,000
Market Cap$17.70 billion
OptionableOptionable

Nucor (NYSE:NUE) Frequently Asked Questions

What is Nucor's stock symbol?

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

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

Nucor announced a quarterly dividend on Friday, November 30th. Stockholders of record on Monday, December 31st will be paid a dividend of $0.40 per share on Monday, February 11th. This represents a $1.60 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Friday, December 28th. This is a positive change from Nucor's previous quarterly dividend of $0.38. View Nucor's Dividend History.

How will Nucor's stock buyback program work?

Nucor announced that its Board of Directors has approved a stock repurchase plan on Thursday, September 6th 2018, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 10% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

How were Nucor's earnings last quarter?

Nucor Co. (NYSE:NUE) announced its quarterly earnings results on Thursday, October, 18th. The basic materials company reported $2.33 earnings per share for the quarter, missing the Zacks' consensus estimate of $2.35 by $0.02. The basic materials company earned $6.74 billion during the quarter, compared to analysts' expectations of $6.64 billion. Nucor had a return on equity of 20.72% and a net margin of 8.79%. The company's quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.83 earnings per share. View Nucor's Earnings History.

When is Nucor's next earnings date?

Nucor is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Nucor.

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

Nucor issued an update on its fourth quarter earnings guidance on Friday, December, 14th. The company provided earnings per share guidance of $1.90-1.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.99.

What price target have analysts set for NUE?

14 brokers have issued 1-year price targets for Nucor's stock. Their predictions range from $59.00 to $80.00. On average, they expect Nucor's share price to reach $72.7273 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price. View Analyst Price Targets for Nucor.

What is the consensus analysts' recommendation for Nucor?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nucor.

Has Nucor been receiving favorable news coverage?

News headlines about NUE stock have trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nucor earned a daily sentiment score of -2.4 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near term.

Who are some of Nucor's key competitors?

Who are Nucor's key executives?

Nucor's management team includes the folowing people:
  • Mr. John J. Ferriola, Chairman, CEO & Pres (Age 65)
  • Mr. James D. Frias, CFO, Treasurer & Exec. VP (Age 61)
  • Mr. Ladd R. Hall, Exec. VP of Flat-Rolled Products (Age 61)
  • Mr. R. Joseph Stratman, Chief Digital Officer & Exec. VP (Age 61)
  • Mr. Michael D. Keller, VP, Corp. Controller & Principal Accounting Officer

Who are Nucor's major shareholders?

Nucor's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.02%), Vanguard Group Inc (9.02%), BlackRock Inc. (7.07%), Capital World Investors (2.63%), Clearbridge Investments LLC (2.44%) and Bank of New York Mellon Corp (1.57%). Company insiders that own Nucor stock include D Chad Utermark, David A Sumoski, James D Frias, John J Ferriola, Ladd R Hall, Leon J Topalian, Raymond S Napolitan Jr, Robert J Stratman and Victoria F Haynes. 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 Capital International Investors, Capital World Investors, FMR LLC, Clearbridge Investments LLC, Mitsubishi UFJ Trust & Banking Corp, Morgan Stanley, QCI Asset Management Inc. NY and AQR Capital Management LLC. Company insiders that have sold Nucor company stock in the last year include D Chad Utermark, David A Sumoski, James D Frias, John J Ferriola, Leon J Topalian, Raymond S Napolitan Jr, Robert J Stratman and Victoria F Haynes. View Insider Buying and Selling for Nucor.

Which major investors are buying Nucor stock?

NUE stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., Bank of New York Mellon Corp, Deutsche Bank AG, Man Group plc, Luminus Management LLC, Great West Life Assurance Co. Can and Victory Capital Management Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Nucor's stock price today?

One share of NUE stock can currently be purchased for approximately $54.89.

How big of a company is Nucor?

Nucor has a market capitalization of $17.70 billion and generates $20.25 billion in revenue each year. The basic materials company earns $1.32 billion in net income (profit) each year or $3.51 on an earnings per share basis. Nucor employs 25,100 workers across the globe.

What is Nucor's official website?

The official website for Nucor is http://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.


MarketBeat Community Rating for Nucor (NYSE NUE)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  562 (Vote Outperform)
Underperform Votes:  514 (Vote Underperform)
Total Votes:  1,076
MarketBeat's community ratings are surveys of what our community members think about Nucor and other stocks. Vote "Outperform" if you believe NUE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NUE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/18/2018 by MarketBeat.com Staff

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