Nucor Stock Forecast, Price & News

Nucor (NYSE:NUE) Frequently Asked Questions

Is Nucor a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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 been impacted by Coronavirus?

Nucor's stock was trading at $35.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NUE shares have increased by 165.8% and is now trading at $94.19.
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 can I listen to Nucor's earnings call?

Nucor will be holding an earnings conference call on Thursday, January 27th at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Nucor's earnings last quarter?

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

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

Nucor announced a quarterly dividend on Thursday, December 2nd. Investors of record on Friday, December 31st will be paid a dividend of $0.50 per share on Friday, February 11th. This represents a $2.00 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, December 30th. This is a positive change from Nucor's previous quarterly dividend of $0.41.
View Nucor's dividend history.

Is Nucor a good dividend stock?

Nucor pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.10%. Nucor has been increasing its dividend for 49 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Nucor is 11.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Nucor will have a dividend payout ratio of 13.32% 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 approved a share buyback program on Thursday, December 2nd 2021, which authorizes the company to repurchase $4,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 13% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for NUE?

11 brokers 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 $115.30 in the next twelve months. This suggests a possible upside of 22.4% 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 (LinkedIn Profile)
• 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.

Who are some of Nucor's key competitors?

Some companies that are related to Nucor include Steel Dynamics (STLD), Reliance Steel & Aluminum (RS), Cleveland-Cliffs (CLF), United States Steel (X), Commercial Metals (CMC), Worthington Industries (WOR), Allegheny Technologies (ATI), Carpenter Technology (CRS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN) and Olympic Steel (ZEUS).
View all of NUE's competitors.

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 institutional and retail investors. Top institutional shareholders include Nordea Investment Management AB (0.35%), New York State Teachers Retirement System (0.12%), Aegon Asset Management UK PLC (0.11%), Braun Stacey Associates Inc. (0.09%), Russell Investments Group Ltd. (0.09%) and Royal London Asset Management Ltd. (0.07%). Company insiders that own Nucor stock include Allen C Behr, Allen C Behr, Craig A Feldman, D Chad Utermark, Daniel R Needham, David A Sumoski, Douglas J Jellison, James D Frias, 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 Russell Investments Group Ltd., Railway Pension Investments Ltd, Retirement Systems of Alabama, Cantor Fitzgerald Investment Adviser L.P., IFP Advisors Inc, M&G Investment Management Ltd., Aegon Asset Management UK PLC, and Reilly Financial Advisors 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 bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., AustralianSuper Pty Ltd, AE Wealth Management LLC, National Bank of Canada FI, Sepio Capital LP, Nordea Investment Management AB, Royal London Asset Management Ltd., and Sciencast Management LP.
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.
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What is Nucor's stock price today?

One share of NUE stock can currently be purchased for approximately $94.19.

How much money does Nucor make?

Nucor has a market capitalization of $26.92 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.