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 Tuesday, February 18th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.4025 per share on Monday, May 11th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date is Monday, March 30th. View Nucor's Dividend History.

Nucor announced that its board has approved a share repurchase plan on Thursday, September 6th 2018, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 10% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

Nucor Co. (NYSE:NUE) announced its quarterly earnings results on Tuesday, January, 28th. The basic materials company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.21. The basic materials company earned $5.13 billion during the quarter, compared to analysts' expectations of $5.01 billion. Nucor had a return on equity of 12.12% and a net margin of 5.63%. The company's revenue was down 18.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.07 EPS. View Nucor's Earnings History.

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

Nucor issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Thursday, December, 12th. The company provided EPS guidance of 0.25-0.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.68.

11 analysts have issued 12-month target prices for Nucor's shares. Their forecasts range from $46.00 to $71.00. On average, they expect Nucor's share price to reach $60.44 in the next year. This suggests a possible upside of 28.0% 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 2 sell ratings, 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nucor.

Press coverage about NUE stock has trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nucor earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Nucor.

Nucor saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 7,420,000 shares, a decline of 7.9% from the January 15th total of 8,060,000 shares. Based on an average trading volume of 1,870,000 shares, the days-to-cover ratio is currently 4.0 days. Currently, 2.5% of the shares of the company are sold short. View Nucor's Current Options Chain.

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

Nucor's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (6.38%), Capital World Investors (2.15%), Bank of New York Mellon Corp (1.80%), Geode Capital Management LLC (1.63%), Ceredex Value Advisors LLC (0.77%) and Franklin Resources Inc. (0.73%). Company insiders that own Nucor stock include D Chad Utermark, David A Sumoski, 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, Teacher Retirement System of Texas, AQR Capital Management LLC, Public Sector Pension Investment Board, Pacer Advisors Inc., California Public Employees Retirement System, Calamos Advisors LLC and Baird Financial Group 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 bought by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, State Street Corp, KAMES CAPITAL plc, Renaissance Technologies LLC, Exchange Traded Concepts LLC, Amundi Pioneer Asset Management Inc., ProShare Advisors LLC and AJO LP. 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 $47.21.

Nucor has a market capitalization of $14.31 billion and generates $22.59 billion in revenue each year. The basic materials company earns $1.27 billion in net income (profit) each year or $4.31 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.