Nucor Corporation (NUE)

NYSE: NUE · Real-Time Price · USD
124.53
+1.17 (0.95%)
At close: Jan 17, 2025, 4:00 PM
126.50
+1.97 (1.58%)
Pre-market: Jan 21, 2025, 8:44 AM EST
0.95%
Market Cap 29.24B
Revenue (ttm) 31.36B
Net Income (ttm) 2.51B
Shares Out 234.81M
EPS (ttm) 10.40
PE Ratio 11.98
Forward PE 19.30
Dividend $2.17 (1.74%)
Ex-Dividend Date Dec 31, 2024
Volume 1,469,784
Open 124.27
Previous Close 123.36
Day's Range 123.81 - 126.14
52-Week Range 112.25 - 203.00
Beta 1.62
Analysts Buy
Price Target 163.63 (+31.4%)
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]

Industry Steel
Sector Materials
Founded 1905
Employees 32,000
Stock Exchange NYSE
Ticker Symbol NUE
Full Company Profile

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 Statements

Analyst Forecast

According to 8 analysts, the average rating for NUE stock is "Buy." The 12-month stock price forecast is $163.63, which is an increase of 31.40% from the latest price.

Price Target
$163.63
(31.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Nucor's Emissions Targets Certified by the Global Steel Climate Council

CHARLOTTE, N.C., Jan. 16, 2025 /PRNewswire/ -- Today, Nucor Corporation (NYSE: NUE) announced that the Global Steel Climate Council (GSCC) certified the Company's Science-Based Emissions Targets (SBET...

5 days ago - PRNewsWire

Nucor Invites You to Join Its Fourth Quarter of 2024 Conference Call on the Web

CHARLOTTE, N.C. , Jan. 14, 2025 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) fourth quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, ...

6 days ago - PRNewsWire

Cleveland-Cliffs and Nucor Mull Fresh Bid for U.S. Steel

An offer is probably months away from happening.

Other symbols: CLFX
7 days ago - WSJ

US Steel Stock Jumps as Cleveland-Cliffs and Nucor Reportedly Mull Joint Bid

U.S. Steel (X) shares jumped Monday after a CNBC report that Cleveland-Cliffs (CLF) is teaming up with rival Nucor (NUE) for a potential bid for the company, whose $14.1 billion buyout by Nippon Steel...

Other symbols: XCLF
7 days ago - Investopedia

Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports

Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel , CNBC reported on Monday, citing sources.

Other symbols: CLFX
7 days ago - Reuters

Faber Report: Cleveland-Cliffs partners with Nucor in potential bid for U.S. Steel

CNBC's David Faber delivers his latest Faber Report.

Other symbols: CLFX
7 days ago - CNBC Television

Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say

Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say

Other symbols: CLFX
7 days ago - CNBC

9 Dividend Aristocrat Bargains To Buy With The Market Near Record Highs

These 9 Dividend Aristocrat PEGY bargains offer a 3.1% yield and are trading at a 51% discount to historical PEGY ratios. Analysts project a 55% 12-month upside potential and a 15% CAGR over the next ...

Other symbols: ABMAOSCATGPCMONEESRCE
11 days ago - Seeking Alpha

Nucor Towers & Structures Expanding Nationwide Footprint

CHARLOTTE, N.C., Jan. 9, 2025 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the Company's Towers & Structures business unit will build its third state-of-the-art utility structure...

11 days ago - PRNewsWire

Highest Quality Dividend Kings For 2025

Only 11 Dividend Kings outperformed the S&P 500 during the last decade based on Total Return. 5 Dividend Kings earn the rank of "High Quality" based on my custom quantitative model. Using a variation ...

22 days ago - Seeking Alpha

Cramer's Mad Dash: Nucor

CNBC's Jim Cramer delivers his daily Mad Dash.

4 weeks ago - CNBC Television

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.

5 weeks ago - PRNewsWire

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 weeks ago - Benzinga

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.

Other symbols: GEOJPMLMTXOM
5 weeks ago - Kiplinger

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 $...

5 weeks ago - PRNewsWire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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...

Other symbols: CLFCMC
7 weeks ago - Invezz

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.

Other symbols: X
7 weeks ago - WSJ

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...

2 months ago - Seeking Alpha

Cramer's Mad Dash --Nucor

Jim Cramer explains why he's keeping an eye on shares of Nucor.

2 months ago - CNBC Television

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.

Other symbols: CLFEVGOPLUG
2 months ago - Benzinga

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

Jim Cramer breaks down Nucor earnings

'Mad Money' host Jim Cramer deep dives into Nucor earnings.

3 months ago - CNBC Television