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

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$56.87 +0.99 (+1.77 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$55.88
Today's Range$55.84 - $57.08
52-Week Range$49.79 - $70.03
Volume2.64 million shs
Average Volume2.40 million shs
Market Capitalization$17.66 billion
P/E Ratio16.20
Dividend Yield2.83%
Beta1.46
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

Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
CUSIP67034610
Phone704-366-7000

Debt

Current Ratio3.15
Quick Ratio1.69

Price-To-Earnings

Sales & Book Value

Annual Sales$20.25 billion
Price / Sales0.88
Cash Flow$5.9055 per share
Price / Cash Flow9.63
Book Value$28.58 per share
Price / Book1.99

Profitability

Net Income$1.32 billion
Net Margins8.79%
Return on Assets11.78%

Miscellaneous

Employees25,100
Market Cap$17.66 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 declared a quarterly dividend on Friday, November 30th. Investors of record on Monday, December 31st will be given a dividend of $0.40 per share on Monday, February 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend 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 declared that its Board of Directors has initiated a share buyback plan on Thursday, September 6th 2018, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.

How were Nucor's earnings last quarter?

Nucor Co. (NYSE:NUE) released its quarterly earnings results on Thursday, October, 18th. The basic materials company reported $2.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.35 by $0.02. The basic materials company had revenue of $6.74 billion for the quarter, compared to analysts' expectations of $6.64 billion. Nucor had a net margin of 8.79% and a return on equity of 20.72%. The business's revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. 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 estimate of $1.99.

What price target have analysts set for NUE?

13 equities research analysts have issued 1 year price objectives for Nucor's stock. Their forecasts range from $59.00 to $80.00. On average, they anticipate Nucor's share price to reach $71.5455 in the next year. This suggests a possible upside of 25.8% from the stock's current price. View Analyst Price Targets for Nucor.

What is the consensus analysts' recommendation for Nucor?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 3 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 stories about NUE stock have been trending somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 -1.2 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company'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 66)
  • Mr. James D. Frias, CFO, Treasurer & Exec. VP (Age 62)
  • Mr. Ladd R. Hall, Exec. VP of Flat-Rolled Products (Age 62)
  • Mr. R. Joseph Stratman, Chief Digital Officer & Exec. VP (Age 62)
  • 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 institutional and retail investors. Top institutional shareholders include Personal Capital Advisors Corp (0.17%), KAMES CAPITAL plc (0.05%), Retirement Systems of Alabama (0.05%), Centre Asset Management LLC (0.04%), Highland Capital Management LLC (0.03%) and Gulf International Bank UK Ltd (0.02%). 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 Retirement Systems of Alabama, KAMES CAPITAL plc, Gulf International Bank UK Ltd, RNC Capital Management LLC, First Citizens Bank & Trust Co., Carroll Financial Associates Inc., Centre Asset Management LLC and Hennessy Advisors Inc.. 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 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 Virtu Financial LLC, Park National Corp OH, QUANTRES ASSET MANAGEMENT Ltd, DNB Asset Management AS, Gateway Investment Advisers LLC, State of Alaska Department of Revenue, Hudson Capital Management LLC and Personal Capital Advisors Corp. 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 $56.87.

How big of a company is Nucor?

Nucor has a market capitalization of $17.66 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:  567 (Vote Outperform)
Underperform Votes:  517 (Vote Underperform)
Total Votes:  1,084
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 1/16/2019 by MarketBeat.com Staff

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