Nucor Corporation (NUE)
| Market Cap | 41.59B |
| Revenue (ttm) | 34.71B |
| Net Income (ttm) | 4.52B |
| Shares Out | 240.75M |
| EPS (ttm) | 18.00 |
| PE Ratio | 9.60 |
| Forward PE | 12.90 |
| Dividend | $2.16 (1.25%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 2,586,686 |
| Open | 175.00 |
| Previous Close | 174.64 |
| Day's Range | 171.96 - 178.32 |
| 52-Week Range | 129.79 - 203.00 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 190.86 (+10.48%) |
| Earnings Date | Apr 22, 2024 |
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 $4.52 billion, a decrease of -40.52%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for NUE stock is "Buy." The 12-month stock price forecast is $190.86, which is an increase of 10.48% from the latest price.
News
Nucor CEO Leon Topalian sits down with Jim Cramer
Nucor Chair, President and CEO Leon Topalian joins 'Mad Money' host Jim Cramer to talk quarterly results, growth over the past years, what's ahead and more.
Despite earnings miss, Nucor CEO is confident this year will be a success
In a Tuesday interview with CNBC's Jim Cramer, Nucor CEO Leon Topalian said the steel maker was on the right track despite weaker-than-expected earnings.
Our products group has made Nucor an incredible amount of money, says CEO Leon Topalian
Nucor Chair, President and CEO Leon Topalian joins 'Mad Money' host Jim Cramer to talk quarterly results, growth over the past years, what's ahead and more.
Nucor, Cleveland-Cliffs Earnings Bloopers Weigh Down Steel Stocks
Steel producers Nucor and Cleveland-Cliffs both missed Wall Street's first quarter estimates. The shares are down for different reasons, however.
Nucor Stock Drops as Lower Selling Prices Weigh on Steelmaker's Results and Outlook
Shares in Nucor (NUE) slumped more than 6% ahead of the opening bell Tuesday after the steel producer missed Wall Street's quarterly estimates and issued a weaker-than-expected current-quarter outlook...
Nucor Reports Results for the First Quarter of 2024
First Quarter of 2024 Highlights Net earnings attributable to Nucor stockholders of $844.8 million, or $3.46 per diluted share. Net sales of $8.14 billion.
Nucor Invites You to Join Its First Quarter of 2024 Conference Call on the Web
CHARLOTTE, N.C. , April 22, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) first quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, ...
Nucor Announces Appointment of Nicole B. Theophilus as Executive Vice President of Talent and Human Resources
CHARLOTTE, N.C., April 18, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today the appointment of Nicole B.
Nucor Introduces New Hot-Rolled Coil Spot Pricing
CHARLOTTE, N.C., April 4, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it is introducing a weekly Nucor Consumer Spot Price (CSP) to provide its customers with consistent an...
Nucor to Acquire Manufacturer of Data Center Infrastructure
CHARLOTTE, N.C., April 1, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and installer of data center infr...
Nucor Signs Agreement with Mercedes-Benz To Supply Econiq™-RE
CHARLOTTE, N.C., March 20, 2024 /PRNewswire/ -- Today, Nucor Corporation (NYSE: NUE) announced that it has signed an agreement with Mercedes-Benz to supply Econiq™-RE for Mercedes-Benz models produced...
Google, Microsoft, and Nucor announce a new initiative to aggregate demand to scale the adoption of advanced clean electricity technologies
The companies will work to address barriers to early-stage commercial project deployment. CHARLOTTE, N.C.
Nucor Announces Guidance for the First Quarter of 2024 Earnings
CHARLOTTE, N.C., March 14, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its first quarter ending March 30, 2024.
Calls of the Day: Regeneron, Thermo Fisher, Darden Restaurants and Nucor
The Investment Committee debate the latest calls of the day on a number of stocks.
Citi upgrades Nucor to buy and cuts Cleveland-Cliffs to neutral in steelmaker ratings swap
Citi analyst Alexander Hacking on Wednesday flipped preferences on two major steel stocks against what he sees as a favorable period for the sector.
Nucor board approves $860 mln funding for new rebar mill
Nucor Corp said on Wednesday its board had approved $860 million in funding for the construction of a rebar micro mill in the Pacific Northwest, the exact location of which was yet to be decided.
Nucor Board of Directors Approves Funding for New Pacific Northwest Rebar Micro Mill
CHARLOTTE, N.C., Feb. 21, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the company's Board of Directors approved $860 million to construct a 650,000-tons-per-year rebar micr...
Nucor Announces 204th Consecutive Cash Dividend
CHARLOTTE, N.C. , Feb. 20, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock.
We're one of the most undervalued stocks on Wall Street, says Nucor CEO Leon Topalian
Nucor Chair, President and CEO Leon Topalian sits down with 'Mad Money' host Jim Cramer to talk the steel industry, the impact of the Chips and Sciences Act, quarters results and more.
Nucor CEO explains what led the steelmaking company to its third-most profitable year
Nucor CEO Leon Topalian debriefed the steelmaking company's Tuesday earnings report with CNBC's Jim Cramer.
Final Trades: Nucor, Sabra Healthcare and Goldman Sachs
"Halftime Report” Investment Committee members Jenny Harrington, Joe Terranova and Josh Brown give their top picks to watch for the second half.
Nucor Reports Results for the Fourth Quarter and Full Year 2023
Fourth quarter and full year 2023 diluted EPS of $3.16 and $18.00, respectively. Fourth quarter and full year 2023 net earnings before noncontrolling interests of $872.8 million and $4.91 billion, res...
Key earnings on deck: Nucor, Marathon Petroleum, Mastercard, ADP and Shell
Joe Terranova and Bill Baruch join CNBC's 'Halftime Report' to share the setup on key earnings this week.
Nucor Invites You to Join Its Fourth Quarter of 2023 Conference Call on the Web
CHARLOTTE, N.C. , Jan. 29, 2024 /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, ...
U.S. Steel Stock Has Soared. These Stocks Are The Better Bet Now.
United States Steel has agreed to be purchased by Nippon Steel. Cleveland-Cliffs stock might be the better bet for 2024.