Nucor Corporation (NUE)

NYSE: NUE · IEX Real-Time Price · USD
189.80
+1.32 (0.70%)
At close: Mar 18, 2024, 4:00 PM
189.01
-0.79 (-0.42%)
After-hours: Mar 18, 2024, 7:31 PM EDT
0.70%
Market Cap 45.38B
Revenue (ttm) 34.71B
Net Income (ttm) 4.52B
Shares Out 240.75M
EPS (ttm) 18.00
PE Ratio 10.54
Forward PE 13.97
Dividend $2.16 (1.14%)
Ex-Dividend Date Mar 27, 2024
Volume 769,788
Open 189.87
Previous Close 188.48
Day's Range 188.29 - 191.93
52-Week Range 129.79 - 195.00
Beta 1.62
Analysts Buy
Price Target 184.00 (-3.06%)
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]

Industry Steel
Sector Materials
CEO Leon J. Topalian
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 $4.52 billion, a decrease of -40.52%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for NUE stock is "Buy." The 12-month stock price forecast is $184.0, which is a decrease of -3.06% from the latest price.

Price Target
$184.0
(-3.06% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

4 days ago - PRNewsWire

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.

Other symbols: DRIREGNTMO
5 days ago - CNBC Television

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.

Other symbols: CLF
5 days ago - Market Watch

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.

26 days ago - Reuters

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...

26 days ago - PRNewsWire

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.

27 days ago - PRNewsWire

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.

6 weeks ago - CNBC Television

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.

6 weeks ago - CNBC

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.

Other symbols: GSSBRA
6 weeks ago - CNBC Television

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...

7 weeks ago - PRNewsWire

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.

Other symbols: MAMPCSHELADP
7 weeks ago - CNBC Television

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, ...

7 weeks ago - PRNewsWire

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.

Other symbols: XCLFSTLD
3 months ago - Barrons

Nucor Announces Increase in Cash Dividend

CHARLOTTE, N.C., Dec. 14, 2023 /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 $0...

3 months ago - PRNewsWire

Nucor Guidance Disappoints, but Only a Little

The company's shares typically trade on expectations for steel prices and the spread over Nucor's raw materials.

3 months ago - Barrons

Steel maker Nucor expects fourth-quarter profit to drop from the previous quarter on lower pricing and reduced volumes

Nucor Corp. NUE, +1.81% said Thursday it expects to report fourth-quarter earnings ranging from $2.75 a share to $2.85 a share. Analysts are estimating earnings of $3.19 a share, according to FactSet ...

3 months ago - Market Watch

Nucor Announces Guidance for the Fourth Quarter of 2023 Earnings

CHARLOTTE, N.C., Dec. 14, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its fourth quarter ending December 31, 2023.

3 months ago - PRNewsWire

Nucor to Build New Mill Stand at Tuscaloosa Plate Mill

CHARLOTTE, N.C. , Nov. 17, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the company's Board of Directors approved $280 million to modernize its steel plate mill in Tuscaloos...

4 months ago - PRNewsWire

Nucor Sets Net-Zero Science-Based Greenhouse Gas Targets for 2050

CHARLOTTE, N.C. , Nov. 13, 2023 /PRNewswire/ -- Today, Nucor Corporation (NYSE: NUE) announced Net-Zero science-based greenhouse gas (GHG) targets for 2050 and established a new interim target for 203...

4 months ago - PRNewsWire

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

4 months ago - Kiplinger

Nucor Reports Results for the Third Quarter of 2023

Third Quarter of 2023 Highlights $4.57 earnings per diluted share for the third quarter, bringing year-to-date diluted EPS to $14.83 Net earnings attributable to Nucor stockholders of $1.14 billion Ne...

5 months ago - PRNewsWire

Nucor Exploring Potential Sites in the Pacific Northwest to Build New Rebar Micro Mill

CHARLOTTE, N.C. , Oct. 20, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it is exploring potential sites in the Pacific Northwest to build a new rebar micro mill with an annu...

5 months ago - PRNewsWire

River Metals Recycling Announces Acquisition

CHARLOTTE, N.C. , Oct. 16, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced an acquisition today on behalf of its recycling subsidiary River Metals Recycling (RMR).

5 months ago - PRNewsWire

Nucor Invites You to Join Its Third Quarter of 2023 Conference Call on the Web

CHARLOTTE, N.C. , Oct. 9, 2023 /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...

5 months ago - PRNewsWire

Steel industry dented by UAW strike against Detroit's Big Three

Steel prices are suffering and demand is tumbling, worsened by the shutdown of auto plants owned by Ford, General Motors and Stellantis due to strike by the United Auto Workers union.

Other symbols: CLFSTLDX
5 months ago - Fox Business