NYSE:NUE - Nucor Stock Price, Forecast & News

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

Nucor announced a quarterly dividend on Friday, December 13th. Investors of record on Tuesday, December 31st will be given a dividend of $0.4025 per share on Tuesday, February 11th. This represents a $1.61 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend is Monday, December 30th. This is an increase from Nucor's previous quarterly dividend of $0.40. View Nucor's Dividend History.

Nucor declared that its Board of Directors has authorized a stock buyback program 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 reacquire up to 10% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Nucor Co. (NYSE:NUE) posted its quarterly earnings results on Tuesday, October, 22nd. The basic materials company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.10. The basic materials company had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.57 billion. Nucor had a net margin of 7.62% and a return on equity of 16.90%. The firm's revenue for the quarter was down 19.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $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 updated its fourth quarter 2019 Pre-Market earnings guidance on Thursday, December, 12th. The company provided earnings per share (EPS) guidance of 0.25-0.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.68.

11 Wall Street analysts have issued 1-year price objectives 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 year. This suggests a possible upside of 24.4% 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, according to InfoTrie. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Nucor earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. 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), AT&T (T), Cisco Systems (CSCO), Exxon Mobil (XOM), Walt Disney (DIS), Micron Technology (MU), AbbVie (ABBV), Alibaba Group (BABA) and Verizon Communications (VZ).

Nucor's stock is owned by a number of of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.24%), PGGM Investments (0.22%), KAMES CAPITAL plc (0.20%), Sabal Trust CO (0.15%), New York State Teachers Retirement System (0.15%) and Exchange Traded Concepts LLC (0.13%). 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, California Public Employees Retirement System, Calamos Advisors LLC, Janney Montgomery Scott LLC, Park National Corp OH, SG Americas Securities LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Cozad Asset Management 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 purchased by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Exchange Traded Concepts LLC, W.E. Donoghue & Co. LLC, NEXT Financial Group Inc, Campbell & CO Investment Adviser LLC, Assenagon Asset Management S.A., Beacon Financial Advisory LLC and Everence Capital Management Inc.. 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 $49.47.

Nucor has a market capitalization of $15.00 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.