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 Friday, December 13th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.4025 per share on Tuesday, February 11th. This represents a $1.61 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date is Monday, December 30th. This is a boost from Nucor's previous quarterly dividend of $0.40. View Nucor's Dividend History.

Nucor announced that its board has initiated a stock repurchase program on Thursday, September 6th 2018, which authorizes the company to buyback $2,000,000,000.00 in 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 usually a sign that the company's board believes its stock is undervalued.

Nucor Co. (NYSE:NUE) released its quarterly earnings data on Tuesday, October, 22nd. The basic materials company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.80 by $0.10. The basic materials company earned $5.46 billion during the quarter, compared to analyst estimates of $5.57 billion. Nucor had a return on equity of 16.90% and a net margin of 7.62%. Nucor's revenue for the quarter was down 19.0% compared to the same quarter last year. During the same period last year, the firm earned $2.33 EPS. View Nucor's Earnings History.

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

Nucor will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Nucor updated 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 EPS estimate of $0.68.

11 analysts have issued 1-year price targets for Nucor's shares. Their forecasts range from $46.00 to $71.00. On average, they expect Nucor's stock price to reach $61.56 in the next twelve months. This suggests a possible upside of 14.4% 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 1 sell rating, 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nucor.

News coverage about NUE stock has trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 2.2 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Nucor.

Some companies that are related to Nucor include Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Commercial Metals (CMC), Allegheny Technologies (ATI), Worthington Industries (WOR), Carpenter Technology (CRS), 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), Cisco Systems (CSCO), AT&T (T), Walt Disney (DIS), Exxon Mobil (XOM), Micron Technology (MU), Alibaba Group (BABA), Bank of America (BAC) and AbbVie (ABBV).

Nucor's stock is owned by many different of retail and institutional investors. Top institutional investors include PGGM Investments (0.22%), Sabal Trust CO (0.15%), Manning & Napier Group LLC (0.05%), Wedge Capital Management L L P NC (0.05%), Tocqueville Asset Management L.P. (0.04%) and Nisa Investment Advisors LLC (0.04%). 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 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, Calamos Advisors LLC, Park National Corp OH, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Cozad Asset Management Inc., State of Alaska Department of Revenue, Tocqueville Asset Management L.P. and Strid Group LLC. 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 acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Trinity Legacy Partners LLC, Manning & Napier Group LLC, IMS Capital Management, Hudson Capital Management LLC, Wedge Capital Management L L P NC, DNB Asset Management AS and Zeke Capital Advisors LLC. 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 $53.81.

Nucor has a market capitalization of $16.32 billion and generates $25.07 billion in revenue each year. The basic materials company earns $2.36 billion in net income (profit) each year or $7.62 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.