Nucor Corporation (NUE)

NYSE: NUE · Real-Time Price · USD
116.58
+0.80 (0.69%)
At close: Dec 20, 2024, 4:00 PM
116.71
+0.13 (0.11%)
After-hours: Dec 20, 2024, 5:09 PM EST
0.69%
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]

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 $173.75, which is an increase of 49.04% from the latest price.

Price Target
$173.75
(49.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cramer's Mad Dash: Nucor

CNBC's Jim Cramer delivers his daily Mad Dash.

3 days 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.

4 days 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%.

7 days 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
8 days 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 $...

9 days 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...

15 days 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...

16 days 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
18 days 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
19 days 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...

25 days ago - Seeking Alpha

Cramer's Mad Dash --Nucor

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

6 weeks 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
6 weeks 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...

2 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...

2 months ago - Seeking Alpha

Jim Cramer breaks down Nucor earnings

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

2 months ago - CNBC Television

Nucor is a great bellwether for the whole materials sector, says Jim Cramer

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

2 months ago - CNBC Television

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'...

2 months ago - CNBC

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...

2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire

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.

2 months ago - Benzinga

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...

2 months ago - PRNewsWire

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...

Other symbols: DOWGLW
2 months ago - Seeking Alpha

Cramer's Mad Dash - Nucor

CNBC's Jim Cramer delivers his daily Mad Dash.

3 months ago - CNBC Television

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.

3 months ago - Market Watch

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.

3 months ago - PRNewsWire