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NYSE:NUE - Nucor Stock Price, Forecast & News

$47.15
-0.80 (-1.67 %)
(As of 02/18/2020 06:00 AM ET)
Today's Range
$46.80
Now: $47.15
$48.09
50-Day Range
$47.15
MA: $51.29
$56.68
52-Week Range
$46.10
Now: $47.15
$62.04
Volume2.00 million shs
Average Volume2.27 million shs
Market Capitalization$14.30 billion
P/E Ratio11.39
Dividend Yield3.41%
Beta1.63
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. Read More…

Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
CUSIP67034610
Phone704-366-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$22.59 billion
Cash Flow$6.78 per share
Book Value$35.59 per share

Profitability

Net Income$1.27 billion

Miscellaneous

Employees26,300
Market Cap$14.30 billion
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

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Nucor (NYSE:NUE) Frequently Asked Questions

What is Nucor's stock symbol?

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

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

Nucor announced a quarterly dividend on Friday, December 13th. Shareholders 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 3.41%. The ex-dividend date is Monday, December 30th. This is a positive change from Nucor's previous quarterly dividend of $0.40. View Nucor's Dividend History.

How will Nucor's stock buyback program work?

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

How were Nucor's earnings last quarter?

Nucor Co. (NYSE:NUE) posted its earnings results on Tuesday, January, 28th. The basic materials company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.21. The basic materials company had revenue of $5.13 billion for 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 quarterly revenue was down 18.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.07 earnings per share. View Nucor's Earnings History.

When is Nucor's next earnings date?

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

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

Nucor issued an update on 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.

What price target have analysts set for NUE?

11 brokerages have issued 12-month price targets for Nucor's shares. Their forecasts range from $46.00 to $71.00. On average, they expect Nucor's stock price to reach $60.67 in the next year. This suggests a possible upside of 28.7% from the stock's current price. View Analyst Price Targets for Nucor.

What is the consensus analysts' recommendation 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.

Has Nucor been receiving favorable news coverage?

Headlines about NUE stock have trended very negative on Tuesday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nucor earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Nucor.

Are investors shorting Nucor?

Nucor saw a decline in short interest during 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 daily volume of 1,870,000 shares, the short-interest ratio is presently 4.0 days. Currently, 2.5% of the shares of the stock are short sold. View Nucor's Current Options Chain.

Who are some of Nucor's key 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 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 Bank of America (BAC).

Who are Nucor's key executives?

Nucor's management team includes the folowing people:
  • Mr. John J. Ferriola, Chairman, CEO & Pres (Age 66)
  • Mr. James D. Frias, CFO, Treasurer & Exec. VP (Age 62)
  • Mr. Ladd R. Hall, Exec. VP of Flat-Rolled Products (Age 62)
  • Mr. R. Joseph Stratman, Chief Digital Officer & Exec. VP (Age 62)
  • Mr. Raymond S. Napolitan Jr., P.E, Exec. VP of Engineered Bar Products (Age 61)

Who are Nucor's major shareholders?

Nucor's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (6.38%), Bank of New York Mellon Corp (1.80%), Ceredex Value Advisors LLC (0.77%), Franklin Resources Inc. (0.73%), Lord Abbett & CO. LLC (0.72%) and ProShare Advisors LLC (0.71%). 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.

Which major investors are selling Nucor stock?

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.

Which major investors are buying Nucor stock?

NUE stock was acquired 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Nucor's stock price today?

One share of NUE stock can currently be purchased for approximately $47.15.

How big of a company is Nucor?

Nucor has a market capitalization of $14.30 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.

What is Nucor's official website?

The official website for Nucor is http://www.nucor.com/.

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.


MarketBeat Community Rating for Nucor (NYSE NUE)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  630 (Vote Outperform)
Underperform Votes:  587 (Vote Underperform)
Total Votes:  1,217
MarketBeat's community ratings are surveys of what our community members think about Nucor and other stocks. Vote "Outperform" if you believe NUE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NUE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2020 by MarketBeat.com Staff

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