Nucor Corporation (NUE)
Market Cap | 27.37B |
Revenue (ttm) | 31.36B |
Net Income (ttm) | 2.51B |
Shares Out | 234.81M |
EPS (ttm) | 10.40 |
PE Ratio | 11.21 |
Forward PE | 17.87 |
Dividend | $2.16 (1.85%) |
Ex-Dividend Date | Sep 27, 2024 |
Volume | 2,538,865 |
Open | 114.67 |
Previous Close | 115.78 |
Day's Range | 113.94 - 117.92 |
52-Week Range | 113.94 - 203.00 |
Beta | 1.57 |
Analysts | Buy |
Price Target | 173.75 (+49.04%) |
Earnings Date | Jan 27, 2025 |
About NUE
Nucor Corporation engages in manufacture and sale of steel and steel products. 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 structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution ... [Read more]
Financial Performance
In 2023, Nucor's revenue was $34.71 billion, a decrease of -16.38% compared to the previous year's $41.51 billion. Earnings were $4.51 billion, a decrease of -40.50%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for NUE stock is "Buy." The 12-month stock price forecast is $173.75, which is an increase of 49.04% from the latest price.
News
Cramer's Mad Dash: Nucor
CNBC's Jim Cramer delivers his daily Mad Dash.
Nucor Announces Guidance for the Fourth Quarter of 2024 Earnings
CHARLOTTE, N.C. , Dec. 16, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its fourth quarter ending December 31, 2024.
Stock Of The Day: When Will Nucor's Selloff Hit Bottom?
Shares of Nucor Corporation NUE are falling on Friday. This follows Thursday's drop of more than 5%.
5 Stocks to Buy for a Trump Presidency
Donald Trump will be the 47th President of the United States. These five stocks are set to benefit from a second Trump administration.
Nucor Announces Increase in Cash Dividend
CHARLOTTE, N.C. , Dec. 11, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) today announced the increase of its regular quarterly cash dividend on Nucor's common stock to $...
Nucor Stock: Buy On Tariff News, Stay For Demand Trends
Nucor Corporation is well-positioned to benefit from expected steel demand growth, driven by infrastructure investments and favorable policies under the upcoming Trump administration. Despite short-te...
U.S. Steelmakers Gird for $1 Billion in First-Quarter Kickoffs, an Industrial Info News Alert
SUGAR LAND, Texas--(BUSINESS WIRE)--Three major steel producers are leading capital investments set to kick off across the U.S. in January, with demand from the automotive and renewable-energy industr...
Top 3 US steel stocks that will benefit from Trump 2.0
Goldman Sachs analyst Mike Harris expects the US steel industry to flourish under Donald Trump as the President of the United States. Lower interest rates and steady demand will benefit the domestic...
U.S. Steelmakers to Trump: Bring On More Tariffs
The companies are urging the president-elect to reimpose duties on steel from the U.K., the EU and Japan, accusing foreign rivals of unfair market practices.
My Best Dividend Aristocrats For December 2024
The ProShares S&P 500 Dividend Aristocrat ETF is up 10.26% year-to-date through October. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 40 mon...
Cramer's Mad Dash --Nucor
Jim Cramer explains why he's keeping an eye on shares of Nucor.
Trump Vs. Harris: EVgo, Cleveland-Cliffs, Plug Power, Nucor Brace For 2024 Election Impact
As Election Week 2024 is upon us, Wall Street is geared up for sector-specific shakeups, with JPMorgan's Bill Peterson spotlighting a decisive split in potential stock moves.
Nucor: A Contrarian Bull Case
Nucor Corporation, the largest steel producer and scrap recycler in the US, faces tough competition from Chinese steel exporters, impacting its market performance. Despite better-than-expected Q3 2024...
Nucor's Near-Term Growth May Depend On Public Policy
Nucor Corporation faces significant headwinds due to declining steel prices and may continue pulling down volumes, driven by low-cost, carbon-intensive steel imports impacting domestic prices. Nucor's...
Jim Cramer breaks down Nucor earnings
'Mad Money' host Jim Cramer deep dives into Nucor earnings.
Nucor is a great bellwether for the whole materials sector, says Jim Cramer
'Mad Money' host Jim Cramer deep dives into Nucor earnings.
Cramer explains why he'd wait before buying Nucor on weakness
CNBC's Jim Cramer said it's not yet time to invest in Nucor, a steelmaker whose stock got hit on Tuesday after its earnings report Monday evening failed to impress Wall Street. "The weak quarter wasn'...
Nucor Corporation (NUE) Q3 2024 Earnings Call Transcript
Nucor Corporation (NYSE:NUE) Q3 2024 Earnings Conference Call October 22, 2024 10:00 AM ET Company Participants Jack Sullivan - General Manager and IR Leon Topalian - Chair, President and CEO Steve L...
Nucor Reports Results for the Third Quarter of 2024
Third Quarter of 2024 Highlights Consolidated net earnings attributable to Nucor stockholders of $249.9 million, or $1.05 per diluted share. Adjusted net earnings attributable to Nucor stockholders of...
How To Earn $500 A Month From Nucor Stock Ahead Of Q3 Earnings
Nucor Corporation NUE will release earnings results for its third quarter, before the opening bell on Monday, Oct. 21.
Nucor Invites You to Join Its Third Quarter of 2024 Conference Call on the Web
CHARLOTTE, N.C. , Oct. 8, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) third quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nu...
Preliminary Earnings Spotlight: Watching 3 Cyclicals Ahead Of The Q3 Reporting Season
Preliminary earnings reports are typically released ahead of formal quarterly financials and allow companies to provide updated guidance. Dow, Nucor, and Corning, each exposed to the macroeconomy, iss...
Cramer's Mad Dash - Nucor
CNBC's Jim Cramer delivers his daily Mad Dash.
Nucor's stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor's stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.
Nucor Announces Guidance for the Third Quarter of 2024 Earnings
CHARLOTTE, N.C. , Sept. 17, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its third quarter ending September 28, 2024.