NYSE:NUE - Nucor Stock Price, Forecast & News

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

Nucor declared a quarterly dividend on Tuesday, February 18th. Investors of record on Tuesday, March 31st will be given a dividend of $0.4025 per share on Monday, May 11th. This represents a $1.61 annualized dividend and a yield of 3.40%. The ex-dividend date of this dividend is Monday, March 30th. View Nucor's Dividend History.

Nucor announced that its Board of Directors has approved a share buyback program on Thursday, September 6th 2018, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 10% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

Nucor Co. (NYSE:NUE) released its quarterly earnings data on Tuesday, January, 28th. The basic materials company reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.21. The basic materials company had revenue of $5.13 billion for the quarter, compared to the consensus estimate of $5.01 billion. Nucor had a net margin of 5.63% and a return on equity of 12.12%. The business's revenue for the quarter was down 18.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.07 earnings per share. View Nucor's Earnings History.

Nucor is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Nucor.

Nucor issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Thursday, December, 12th. The company provided earnings per share guidance of 0.25-0.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.68.

11 analysts have issued twelve-month price targets for Nucor's stock. Their forecasts range from $46.00 to $71.00. On average, they expect Nucor's share price to reach $60.44 in the next year. This suggests a possible upside of 27.8% from the stock's current price. View Analyst Price Targets for Nucor.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 2 sell ratings, 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nucor.

News headlines about NUE stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nucor earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Nucor.

Nucor saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 7,420,000 shares, a decrease of 7.9% from the January 15th total of 8,060,000 shares. Based on an average daily trading volume, of 1,870,000 shares, the days-to-cover ratio is presently 4.0 days. Approximately 2.5% of the company's stock are short sold. View Nucor's Current Options Chain.

Some companies that are related to Nucor include Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Allegheny Technologies (ATI), Commercial Metals (CMC), Carpenter Technology (CRS), Worthington Industries (WOR), Cleveland-Cliffs (CLF), United States Steel (X), AK Steel (AKS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Nucor investors own include NVIDIA (NVDA), Home Depot (HD), AT&T (T), Cisco Systems (CSCO), Walt Disney (DIS), Exxon Mobil (XOM), Micron Technology (MU), Alibaba Group (BABA), AbbVie (ABBV) and Johnson & Johnson (JNJ).

Nucor's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (6.38%), Capital World Investors (2.15%), Bank of New York Mellon Corp (1.80%), Geode Capital Management LLC (1.63%), Ceredex Value Advisors LLC (0.77%) and Franklin Resources Inc. (0.73%). Company insiders that own Nucor stock include D Chad Utermark, 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.

NUE stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Teacher Retirement System of Texas, AQR Capital Management LLC, Public Sector Pension Investment Board, Pacer Advisors Inc., California Public Employees Retirement System, Calamos Advisors LLC and Baird Financial Group Inc.. Company insiders that have sold Nucor company stock in the last year include John J Ferriola, Ladd R Hall, Leon J Topalian and Raymond S Napolitan Jr. View Insider Buying and Selling for Nucor.

NUE stock was bought by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, State Street Corp, KAMES CAPITAL plc, Renaissance Technologies LLC, Exchange Traded Concepts LLC, Amundi Pioneer Asset Management Inc., ProShare Advisors LLC and AJO LP. View Insider Buying and Selling for 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.

One share of NUE stock can currently be purchased for approximately $47.29.

Nucor has a market capitalization of $14.34 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 26,300 workers across the globe.View Additional Information About Nucor.

The official website for Nucor is http://www.nucor.com/.

Nucor's mailing address is 1915 REXFORD ROAD, CHARLOTTE NC, 28211. The basic materials company can be reached via phone at 704-366-7000.