S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:NUE

Nucor Stock Forecast, Price & News

$113.98
-1.81 (-1.56%)
(As of 11/26/2021 04:00 PM ET)
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Today's Range
$109.25
$115.40
50-Day Range
$95.99
$119.67
52-Week Range
$47.94
$128.81
Volume
2.83 million shs
Average Volume
3.31 million shs
Market Capitalization
$32.58 billion
P/E Ratio
6.82
Dividend Yield
1.40%
Beta
1.45
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Nucor logo

About Nucor

Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment comprises of carbon and alloy steel in sheet, bars; structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments. The Steel Products segment includes steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating, tubular products businesses, piling products business, and wire and wire mesh. The Raw Materials segment consists of direct reduced iron, and ferrous and nonferrous metals. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC.

Headlines

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Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
Steel
CUSIP
67034610
Employees
26,400
Year Founded
1958

Sales & Book Value

Annual Sales
$20.14 billion
Cash Flow
$6.01 per share
Book Value
$47.50 per share

Profitability

Net Income
$721.47 million
Pretax Margin
20.43%

Debt

Price-To-Earnings

Miscellaneous

Free Float
291,610,000
Market Cap
$32.58 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/29/2021
Last Earnings
10/20/2021
Dividend Payable
11/10/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/27/2022

Social Links


MarketRank

Overall MarketRank

2.76 out of 5 stars

Basic Materials Sector

30th out of 223 stocks

Blast Furnaces & Steel Mills Industry

2nd out of 19 stocks

Analyst Opinion: 2.2Community Rank: 4.5Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












Nucor (NYSE:NUE) Frequently Asked Questions

Is Nucor a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Nucor stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NUE, but not buy additional shares or sell existing shares.
View analyst ratings for Nucor
or view top-rated stocks.

How has Nucor's stock price been impacted by Coronavirus (COVID-19)?

Nucor's stock was trading at $35.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NUE stock has increased by 221.7% and is now trading at $113.98.
View which stocks have been most impacted by COVID-19
.

When is Nucor's next earnings date?

Nucor is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Nucor
.

How were Nucor's earnings last quarter?

Nucor Co. (NYSE:NUE) announced its quarterly earnings data on Wednesday, October, 20th. The basic materials company reported $7.28 EPS for the quarter, missing the Zacks' consensus estimate of $7.46 by $0.18. The basic materials company had revenue of $10.31 billion for the quarter, compared to analyst estimates of $10.24 billion. Nucor had a net margin of 15.86% and a trailing twelve-month return on equity of 40.10%. The company's quarterly revenue was up 109.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.63 earnings per share.
View Nucor's earnings history
.

How often does Nucor pay dividends? What is the dividend yield for Nucor?

Nucor declared a quarterly dividend on Friday, September 17th. Investors of record on Thursday, September 30th will be paid a dividend of $0.405 per share on Wednesday, November 10th. This represents a $1.62 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Wednesday, September 29th.
View Nucor's dividend history
.

Is Nucor a good dividend stock?

Nucor pays an annual dividend of $1.62 per share and currently has a dividend yield of 1.40%. Nucor has been increasing its dividend for 48 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Nucor is 9.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Nucor will have a dividend payout ratio of 11.89% next year. This indicates that Nucor will be able to sustain or increase its dividend.
View Nucor's dividend history.

How will Nucor's stock buyback program work?

Nucor declared that its Board of Directors has initiated a stock repurchase plan on Thursday, May 13th 2021, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

What guidance has Nucor issued on next quarter's earnings?

Nucor issued an update on its third quarter 2021 earnings guidance on Thursday, October, 14th. The company provided earnings per share guidance of $7.300-$7.400 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.400. The company issued revenue guidance of -.

What price target have analysts set for NUE?

12 Wall Street analysts have issued twelve-month price objectives for Nucor's shares. Their forecasts range from $80.00 to $142.00. On average, they anticipate Nucor's share price to reach $116.82 in the next year. This suggests a possible upside of 2.5% from the stock's current price.
View analysts' price targets for Nucor
or view top-rated stocks among Wall Street analysts.

Who are Nucor's key executives?

Nucor's management team includes the following people:
  • Leon J. Topalian, President, Chief Executive Officer & Director
  • David A. Sumoski, Chief Operating Officer
  • James D. Frias, Chief Financial Officer, Treasurer & Executive VP
  • A. Rae Eagle, Secretary & Vice President
  • Michael D. Keller, Vice President & Controller

What is John J. Ferriola's approval rating as Nucor's CEO?

103 employees have rated Nucor CEO John J. Ferriola on Glassdoor.com. John J. Ferriola has an approval rating of 91% among Nucor's employees. This puts John J. Ferriola in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Nucor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nucor investors own include AT&T (T), AbbVie (ABBV), NVIDIA (NVDA), Cisco Systems (CSCO), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Intel (INTC), Home Depot (HD), JPMorgan Chase & Co. (JPM) and Walt Disney (DIS).

What is Nucor's stock symbol?

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

Who are Nucor's major shareholders?

Nucor's stock is owned by a number of retail and institutional investors. Top institutional investors include State Farm Mutual Automobile Insurance Co. (9.28%), Capital World Investors (4.79%), Geode Capital Management LLC (1.93%), Dimensional Fund Advisors LP (1.51%), Bank of New York Mellon Corp (0.98%) and Morgan Stanley (0.74%). Company insiders that own Nucor stock include Allen C Behr, Craig A Feldman, D Chad Utermark, Daniel R Needham, David A Sumoski, Douglas J Jellison, James D Frias, Kenneth Rex Query, Leon J Topalian, Michael D Keller, Raymond S Napolitan Jr and Raymond S Napolitan, Jr.
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 State Farm Mutual Automobile Insurance Co., Capital World Investors, Morgan Stanley, Squarepoint Ops LLC, Poplar Forest Capital LLC, Victory Capital Management Inc., PGGM Investments, and Madison Asset Management LLC. Company insiders that have sold Nucor company stock in the last year include Allen C Behr, Craig A Feldman, D Chad Utermark, Daniel R Needham, David A Sumoski, Douglas J Jellison, James D Frias, Kenneth Rex Query, Leon J Topalian, Michael D Keller, Raymond S Napolitan Jr, and Raymond S Napolitan, Jr.
View insider buying and selling activity for Nucor
or view top insider-selling stocks.

Which major investors are buying Nucor stock?

NUE stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Citadel Advisors LLC, Laurion Capital Management LP, PEAK6 Investments LLC, Geode Capital Management LLC, Bank of New York Mellon Corp, Candriam Luxembourg S.C.A., and BI Asset Management Fondsmaeglerselskab A S.
View insider buying and selling activity for Nucor
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Nucor's stock price today?

One share of NUE stock can currently be purchased for approximately $113.98.

How much money does Nucor make?

Nucor has a market capitalization of $32.58 billion and generates $20.14 billion in revenue each year. The basic materials company earns $721.47 million in net income (profit) each year or $16.72 on an earnings per share basis.

How many employees does Nucor have?

Nucor employs 26,400 workers across the globe.

Does Nucor have any subsidiaries?

The following companies are subsidiares of Nucor: Ambassador Steel Corporation, Corporacion POK SA de CV, Gallatin Steel Company, Harris Steel Inc., Harris Steel ULC, Harris U.S. Holdings Inc., Independence Tube Corporation, Joy Global - Steel Plate mill, Magnatrax Corporation, Nu-Iron Unlimited, Nucor Castrip Arkansas LLC, Nucor Energy Holdings Inc., Nucor Steel Auburn Inc., Nucor Steel Birmingham Inc., Nucor Steel Connecticut Inc., Nucor Steel Decatur LLC, Nucor Steel Florida Inc., Nucor Steel Gallatin LLC, Nucor Steel Jackson Inc., Nucor Steel Kankakee Inc., Nucor Steel Kingman LLC, Nucor Steel Louisiana LLC, Nucor Steel Marion Inc., Nucor Steel Memphis Inc., Nucor Steel Seattle Inc., Nucor Steel Sedalia LLC, Nucor Steel Tuscaloosa Inc., Nucor-Yamato Steel Company, Republic Conduit, Republic Conduit Inc., Skyline Steel, Skyline Steel LLC, Southland Tube Inc, Southland Tube Inc., St. Louis Cold Drawn Inc, St. Louis Cold Drawn LLC, The David J. Joseph Company, and Vulcraft-Omega.

When was Nucor founded?

Nucor was founded in 1958.

What is Nucor's official website?

The official website for Nucor is www.nucor.com.

Where are Nucor's headquarters?

Nucor is headquartered at 1915 REXFORD ROAD, CHARLOTTE NC, 28211.

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 or via fax at 704-362-4208.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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