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

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

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.

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.

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.

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

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.

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.

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.

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.

Some companies that are related to Nucor include ArcelorMittal (MT), POSCO (PKX), SUMITOMO CORP/S (SSUMY), Tenaris (TS), EVRAZ (EVRZF), Steel Dynamics (STLD), Ternium (TX), United States Steel (X), APERAM/SH N Y REGISTRY SH (APEMY), Carpenter Technology (CRS), Commercial Metals (CMC), USINAS SIDERURG/S (USNZY), AK Steel (AKS), SunCoke Energy (SXC) and SunCoke Energy Partners (SXCP).

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.

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.

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.

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.

One share of NUE stock can currently be purchased for approximately $56.87.

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.

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.