Nucor Corporation (Nucor) manufactures steel and steel products. The Company produces direct reduced iron (DRI) for use in its steel mills. It operates in three segments: steel mills, steel products and raw materials. The steel mills segment produces and distributes sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar, wire rod and special bar quality). The steel products segment produces steel joists and joist girders, steel deck, fabricated concrete reinforcing steel and cold finished steel. The raw materials produces DRI; brokers ferrous and nonferrous metals, pig iron, HBI and DRI; supplies ferro-alloys, and processes ferrous and nonferrous scrap metal. It also processes ferrous and nonferrous metals and brokers ferrous and nonferrous metals, pig iron, hot briquetted iron (HBI) and DRI.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Steel - NEC
- Sub-Industry: Steel
- Symbol: NYSE:NUE
- CUSIP: 67034610
- Web: www.nucor.com
Capitalization:- Market Cap: $19.21649 billion
- Outstanding Shares: 319,051,000
Average Prices:- 50 Day Moving Avg: $58.43
- 200 Day Moving Avg: $59.80
- 52 Week Range: $44.81 - $68.00
P/E:- Trailing P/E Ratio: 16.99
- Foreward P/E Ratio: 12.66
- P/E Growth: 0.61
Sales & Book Value:- Annual Revenue: $18.24 billion
- Price / Sales: 1.06
- Book Value: $26.14 per share
- Price / Book: 2.31
Dividend:- Annual Dividend: $1.51
- Dividend Yield: 2.5%
Profitability:- EBIDTA: $2.67 billion
- Net Margins: 6.08%
- Return on Equity: 13.39%
- Return on Assets: 7.20%
Debt:- Debt-to-Equity Ratio: 0.37%
- Current Ratio: 2.16%
- Quick Ratio: 1.16%
Misc:- Average Volume: 2.82 million shs.
- Beta: 1.52
- Short Ratio: 1.95
Frequently Asked Questions for Nucor Corporation (NYSE:NUE)
What is Nucor Corporation's stock symbol?
Nucor Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "NUE."
How often does Nucor Corporation pay dividends? What is the dividend yield for Nucor Corporation?
Nucor Corporation announced a quarterly dividend on Tuesday, June 6th. Investors of record on Friday, June 30th will be given a dividend of $0.3775 per share on Friday, August 11th. This represents a $1.51 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend is Wednesday, June 28th. View Nucor Corporation's Dividend History.
How were Nucor Corporation's earnings last quarter?
Nucor Corporation (NYSE:NUE) announced its quarterly earnings results on Thursday, July, 20th. The company reported $1.00 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.06 by $0.06. The business earned $5.17 billion during the quarter, compared to analyst estimates of $5.08 billion. Nucor Corporation had a return on equity of 13.39% and a net margin of 6.08%. The company's revenue for the quarter was up 21.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.73 EPS. View Nucor Corporation's Earnings History.
When will Nucor Corporation make its next earnings announcement?
Where is Nucor Corporation's stock going? Where will Nucor Corporation's stock price be in 2017?
15 analysts have issued 12-month target prices for Nucor Corporation's stock. Their forecasts range from $57.00 to $78.00. On average, they anticipate Nucor Corporation's share price to reach $69.32 in the next year. View Analyst Ratings for Nucor Corporation.
Who are some of Nucor Corporation's key competitors?
Some companies that are related to Nucor Corporation include ArcelorMittal (MT), POSCO (PKX), Steel Dynamics (STLD), Gerdau S.A. (GGB), United States Steel Corporation (X), National Steel Company (SID), Commercial Metals Company (CMC), Cliffs Natural Resources (CLF), Carpenter Technology Corporation (CRS), Grupo Simec SAB de CV (SIM), Mechel PAO (MTL), Gibraltar Industries (ROCK), SunCoke Energy Partners, L.P. (SXCP), SunCoke Energy (SXC), Dynamic Materials Corp. (BOOM), L.B. Foster Company (FSTR), Olympic Steel (ZEUS) and Northwest Pipe Company (NWPX).
Who are Nucor Corporation's key executives?
Nucor Corporation's management team includes the folowing people:
- John J. Ferriola, Chairman of the Board, President, Chief Executive Officer
- James D. Frias, Chief Financial Officer, Executive Vice President, Treasurer
- James R. Darsey, Executive Vice President - Merchant and Rebar Products
- Ladd R. Hall, Executive Vice President - Flat-Rolled Products
- Raymond S. Napolitan Jr., Executive Vice President - Fabricated Construction Products
- Rober Joseph Stratman, Executive Vice President - Raw Materials
- David A. Sumoski, Executive Vice President - Engineered Bar Products
- D. Chad Utermark, Executive Vice President - Beam and Plate Products
- John H. Walker, Lead Independent Director
- Patrick J. Dempsey Jr., Independent Director
Who owns Nucor Corporation stock?
Nucor Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.17%), Bank of Montreal Can (0.12%), Chevy Chase Trust Holdings Inc. (0.11%), National Pension Service (0.10%), KAMES CAPITAL plc (0.09%) and Meyer Handelman Co. (0.08%). Company insiders that own Nucor Corporation stock include Christopher J Kearney, D Chad Utermark, James D Frias, James R Darsey, John J Ferriola, Raymond S Napolitan Jr, Robert J Stratman and Victoria F Haynes. View Institutional Ownership Trends for Nucor Corporation.
Who sold Nucor Corporation stock? Who is selling Nucor Corporation stock?
Nucor Corporation's stock was sold by a variety of institutional investors in the last quarter, including Sippican Capital Advisors, Bank of Montreal Can, Exxonmobil Investment Management Inc. TX, First Citizens Bank & Trust Co., Oakbrook Investments LLC, Huntington National Bank, Farmers Trust Co. and Charter Trust Co.. Company insiders that have sold Nucor Corporation stock in the last year include James D Frias, James R Darsey, John J Ferriola, Raymond S Napolitan Jr and Victoria F Haynes. View Insider Buying and Selling for Nucor Corporation.
Who bought Nucor Corporation stock? Who is buying Nucor Corporation stock?
Nucor Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Rothschild Investment Corp IL, National Pension Service, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Beech Hill Advisors Inc., Abner Herrman & Brock LLC, Augustine Asset Management Inc., Mn Services Vermogensbeheer B.V. and Meeder Asset Management Inc.. View Insider Buying and Selling for Nucor Corporation.
How do I buy Nucor Corporation stock?
Shares of Nucor Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Nucor Corporation's stock price today?
One share of Nucor Corporation stock can currently be purchased for approximately $60.51.
MarketBeat Community Rating for Nucor Corporation (NYSE NUE)MarketBeat's community ratings are surveys of what our community members think about Nucor Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Nucor Corporation (NYSE:NUE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 4 Hold Ratings, 11 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.73) |
| Consensus Price Target: | $69.32 (14.56% upside) |
Analysts' Ratings History for Nucor Corporation (NYSE:NUE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/25/2017 | Cowen and Company | Reiterated Rating | Market Perform | $62.00 -> $63.00 | N/A |  |
| 7/19/2017 | Berenberg Bank | Reiterated Rating | Buy | $77.50 | High | |
| 7/19/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $68.00 | High | |
| 7/18/2017 | Morgan Stanley | Reiterated Rating | Buy | | Low | |
| 6/26/2017 | KeyCorp | Reiterated Rating | Overweight | $72.00 -> $66.00 | Low | |
| 6/19/2017 | Longbow Research | Upgrade | Neutral -> Buy | | Low | |
| 5/24/2017 | Credit Suisse Group | Upgrade | Neutral -> Outperform | $56.00 -> $68.00 | Low | |
| 5/15/2017 | Barclays PLC | Reiterated Rating | Buy | $73.00 | Low | |
| 4/24/2017 | Macquarie | Upgrade | Underperform -> Neutral | $55.00 -> $62.00 | Medium | |
| 4/21/2017 | BMO Capital Markets | Reiterated Rating | Hold | | Low | |
| 3/22/2017 | J P Morgan Chase & Co | Boost Price Target | Overweight | $70.00 -> $75.00 | Low | |
| 3/21/2017 | Deutsche Bank AG | Boost Price Target | Buy | $73.00 -> $75.00 | High | |
| 1/20/2017 | Citigroup Inc. | Reiterated Rating | Neutral | $50.00 -> $65.00 | N/A | |
| 12/12/2016 | Argus | Boost Price Target | Buy | $65.00 -> $75.00 | N/A | |
| 11/9/2016 | Bank of America Corporation | Upgrade | Neutral -> Buy | $50.00 -> $57.00 | N/A | |
| 5/10/2016 | Rosenblatt Securities | Boost Price Target | Neutral | $47.00 -> $51.00 | N/A | |
| 4/13/2016 | Standpoint Research | Downgrade | Buy -> Hold | $52.00 | N/A | |
| 3/9/2016 | Nomura | Boost Price Target | Buy | $47.00 -> $50.00 | N/A | |
| 11/24/2015 | BB&T Corporation | Initiated Coverage | Buy | $50.00 | N/A | |
| 10/19/2015 | S&P Equity Research | Reiterated Rating | Strong-Buy | | N/A | |
(Data available from 7/25/2015 forward)
Earnings History for Nucor Corporation (NYSE:NUE)Earnings History by Quarter for Nucor Corporation (NYSE NUE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/18/2017 | | $1.08 | | | | | N/A | |
| 7/20/2017 | Q2 2017 | $1.06 | $1.00 | $5.08 billion | $5.17 billion | View | N/A | |
| 4/20/2017 | Q1 17 | $1.14 | $1.11 | $4.67 billion | $4.82 billion | View | N/A | |
| 1/31/2017 | Q416 | $0.34 | $0.50 | $3.78 billion | $3.96 billion | View | N/A | |
| 10/20/2016 | Q316 | $0.90 | $0.88 | $3.77 billion | $4.29 billion | View | Listen | |
| 7/21/2016 | Q216 | $0.70 | $0.73 | $4.49 billion | $4.25 billion | View | Listen | |
| 4/21/2016 | Q116 | $0.27 | $0.22 | $3.63 billion | $3.72 billion | View | Listen | |
| 1/28/2016 | Q415 | $0.23 | $0.46 | $3.68 billion | $3.46 billion | View | Listen | |
| 10/22/2015 | Q315 | $0.49 | $0.71 | $4.48 billion | $4.23 billion | View | Listen | |
| 7/23/2015 | Q215 | $0.25 | $0.39 | $4.58 billion | $4.36 billion | View | Listen | |
| 4/23/2015 | Q115 | $0.14 | $0.21 | $4.74 billion | $4.40 billion | View | N/A | |
| 1/27/2015 | Q414 | $0.55 | $0.65 | $5.37 billion | $5.00 billion | View | N/A | |
| 10/23/2014 | Q314 | $0.75 | $0.76 | $5.37 billion | $5.70 billion | View | Listen | |
| 7/24/2014 | Q214 | $0.39 | $0.46 | $5.21 billion | $5.29 billion | View | N/A | |
| 4/24/2014 | Q114 | $0.36 | $0.41 | $4.84 billion | $5.11 billion | View | N/A | |
| 1/27/2014 | Q413 | $0.40 | $0.53 | $4.78 billion | $4.90 billion | View | N/A | |
| 10/17/2013 | Q313 | $0.39 | $0.46 | $4.77 billion | $4.94 billion | View | N/A | |
| 7/18/2013 | Q2 2013 | $0.30 | $0.27 | $4.65 billion | $4.67 billion | View | N/A | |
| 4/18/2013 | Q1 2013 | $0.25 | $0.26 | $4.61 billion | $4.55 billion | View | N/A | |
| 1/29/2013 | Q4 2012 | $0.31 | $0.43 | $4.55 billion | $4.45 billion | View | N/A | |
| 10/18/2012 | | $0.42 | $0.45 | | | View | N/A | |
| 7/19/2012 | | $0.38 | $0.35 | | | View | N/A | |
| 4/19/2012 | | $0.39 | $0.46 | | | View | N/A | |
| 1/26/2012 | | $0.27 | $0.43 | | | View | N/A | |
| 10/20/2011 | | $0.53 | $0.57 | | | View | N/A | |
| 7/21/2011 | | $0.81 | $0.94 | | | View | N/A | |
| 4/21/2011 | | $0.36 | $0.50 | | | View | N/A | |
| 1/27/2011 | | ($0.10) | ($0.04) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Nucor Corporation (NYSE:NUE)2017 EPS Consensus Estimate: $3.84
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $1.14 | $1.16 | $1.15 |
| Q2 2017 | 2 | $1.08 | $1.27 | $1.18 |
| Q3 2017 | 1 | $0.84 | $0.84 | $0.84 |
| Q4 2017 | 1 | $0.67 | $0.67 | $0.67 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Nucor Corporation (NYSE:NUE)| Next Dividend: | 8/11/2017 |
| Annual Dividend: | $1.51 |
| Dividend Yield: | 2.50% |
| Dividend Growth: | -8.50% (3 Year Average) |
| Payout Ratio: | 43.77% (Trailing 12 Months of Earnings)
36.21% (Based on This Year's Estimates)
31.59% (Based on Next Year's Estimates)
|
| Track Record: | 43 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Nucor Corporation (NYSE NUE)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/6/2017 | quarterly | $0.38 | 2.64% | 6/28/2017 | 6/30/2017 | 8/11/2017 |
| 2/21/2017 | quarterly | $0.38 | 2.39% | 3/29/2017 | 3/31/2017 | 5/11/2017 |
| 11/30/2016 | quarterly | $0.38 | 2.44% | 12/28/2016 | 12/30/2016 | 2/10/2017 |
| 9/15/2016 | quarterly | $0.38 | 3.28% | 9/28/2016 | 9/30/2016 | 11/10/2016 |
| 6/6/2016 | quarterly | $0.38 | 2.98% | 6/28/2016 | 6/30/2016 | 8/11/2016 |
| 2/23/2016 | quarterly | $0.38 | 3.84% | 3/29/2016 | 3/31/2016 | 5/11/2016 |
| 12/2/2015 | quarterly | $0.38 | 3.64% | 12/29/2015 | 12/31/2015 | 2/11/2016 |
| 9/2/2015 | quarterly | $0.37 | 3.47% | 9/28/2015 | 9/30/2015 | 11/10/2015 |
| 6/5/2015 | quarterly | $0.37 | 3.07% | 6/26/2015 | 6/30/2015 | 8/11/2015 |
| 2/17/2015 | quarterly | $0.37 | 3.09% | 3/27/2015 | 3/31/2015 | 5/11/2015 |
| 12/3/2014 | quarterly | $0.37 | 2.7% | 12/29/2014 | 12/31/2014 | 2/11/2015 |
| 9/10/2014 | quarterly | $0.37 | 2.68% | 9/26/2014 | 9/30/2014 | 11/10/2014 |
| 6/5/2014 | quarterly | $0.37 | 2.89% | 6/26/2014 | 6/30/2014 | 8/11/2014 |
| 2/18/2014 | quarterly | $0.37 | 2.92% | 3/27/2014 | 3/31/2014 | 5/12/2014 |
| 12/4/2013 | quarterly | $0.37 | 2.85% | 12/27/2013 | 12/31/2013 | 2/11/2014 |
| 9/4/2013 | quarterly | $0.37 | 3.15% | 9/25/2013 | 9/27/2013 | 11/8/2013 |
| 6/6/2013 | quarterly | $0.37 | 3.3% | 6/26/2013 | 6/28/2013 | 8/9/2013 |
| 2/15/2013 | quarterly | $0.37 | 3.08% | 3/26/2013 | 3/28/2013 | 5/10/2013 |
| 12/5/2012 | quarterly | $0.37 | | | 12/31/2012 | 2/11/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Nucor Corporation (NYSE:NUE)Insider Ownership Percentage: 0.70%
Institutional Ownership Percentage: 76.45%
Insider Trades by Quarter for Nucor Corporation (NYSE:NUE)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 4/27/2017 | Victoria F Haynes | Director | Sell | 3,000 | $61.52 | $184,560.00 | |
| 4/25/2017 | John J Ferriola | Chairman | Sell | 12,232 | $61.60 | $753,491.20 | |
| 3/15/2017 | James D Frias | CFO | Sell | 52,631 | $62.57 | $3,293,121.67 | |
| 2/22/2017 | Raymond S Napolitan Jr | Insider | Sell | 12,400 | $63.74 | $790,376.00 | |
| 7/28/2016 | James D Frias | CFO | Sell | 9,000 | $53.14 | $478,260.00 | |
| 7/27/2016 | John J Ferriola | Chairman | Sell | 12,128 | $54.12 | $656,367.36 | |
| 7/25/2016 | James R Darsey | Insider | Sell | 71,465 | $52.45 | $3,748,339.25 | |
| 4/29/2016 | Robert J Stratman | EVP | Sell | 52,631 | $49.90 | $2,626,286.90 | |
| 4/28/2016 | D. Chad Utermark | EVP | Sell | 2,050 | $50.65 | $103,832.50 | |
| 2/22/2016 | Raymond S Napolitan Jr | EVP | Sell | 7,000 | $39.94 | $279,580.00 | |
| 2/16/2016 | Christopher J. Kearney | Director | Buy | 5,000 | $40.14 | $200,700.00 | |
| 2/12/2016 | John J. Ferriola | CEO | Sell | 12,003 | $39.86 | $478,439.58 | |
| 2/1/2016 | James D Frias | CFO | Sell | 4,579 | $38.78 | $177,573.62 | |
| 4/28/2015 | Gregory Hayes | Director | Buy | 4,050 | $49.49 | $200,434.50 | |
| 5/1/2014 | James Darsey | EVP | Sell | 26,791 | $51.97 | $1,392,328.27 | |
| 4/30/2014 | Ladd Hall | EVP | Sell | 19,573 | $51.63 | $1,010,553.99 | |
| 3/3/2014 | Peter Browning | Director | Sell | 5,674 | $49.66 | $281,770.84 | |
| 10/21/2013 | Robert J Stratman | EVP | Sell | 15,397 | $51.37 | $790,943.89 | |
| 2/4/2013 | Peter C Browning | Director | Sell | 1,200 | $46.09 | $55,308.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Nucor Corporation (NYSE:NUE)
Latest Headlines for Nucor Corporation (NYSE:NUE)
| Source: |
|
Nucor Corporation (NUE) Chart for Tuesday, July, 25, 2017
