Nucor Corporation (NUE)
| Market Cap | 27.84B |
| Revenue (ttm) | 21.53B |
| Net Income (ttm) | 1.64B |
| Shares Out | 301.85M |
| EPS (ttm) | 5.39 |
| PE Ratio | 17.71 |
| Forward PE | 5.86 |
| Dividend | $1.62 |
| Dividend Yield | 1.69% |
| Trading Day | June 21 |
| Last Price | $95.38 |
| Previous Close | $93.02 |
| Change ($) | 2.36 |
| Change (%) | 2.54% |
| Day's Open | 94.49 |
| Day's Range | 93.94 - 96.21 |
| Day's Volume | 1,315,152 |
| 52-Week Range | 37.68 - 110.97 |
Commodity-related stocks have been soaring in 2021, but a reversal is under way.
The giant U.S. steelmaker has a lot going for it, and its share price is up by 140% over the past year. But there's one important problem for investors now.
Nucor (NUE) expects second-quarter earnings between $4.60 and $4.70 per share.
Nucor (NUE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
The steel industry is firing on all cylinders thanks to soaring steel prices and the demand upsurge across major end-markets. NUE, X, STLD, MT and TX are good options for investment right now.
In the latest trading session, Nucor (NUE) closed at $99.94, marking a -1.94% move from the previous day.
Nucor (NYSE:NUE) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 0 0 2 Somewhat Bullish 0 0 0 0 Indifferent 1 1 2 0 Somew...
Nucor (NUE), Sibanye Stillwater (SBSW) and Alcoa (AA) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
Investors might want an inflation hedge, and these three companies have additional reasons to own them.
The shares of steel name Nucor Corporation (NYSE:NUE) are down 4.1% to trade at $102.20 at last check, brushing off a bull note from Morgan Stanley.
Is (NUE) Outperforming Other Basic Materials Stocks This Year?
4 Steel Producer Stocks to Ride the Booming Industry
We have narrowed down our search to five large-cap S&P 500 stocks that drove the benchmark to a fresh all-time high on Jun 10. These are: NVDA, NUE, TGt, TYL and EXPD.
Nucor (NUE) closed at $106.31 in the latest trading session, marking a -1.18% move from the prior day.
We have narrowed down our search to five steel producers that have rallied more than 30% in the past three months. These are: NUE, TMST, SCHN, STLD and MT.
Shareholders seem to be welcoming the company's plan to "give back" to them, and then there's the infrastructure thing.
Nucor's (NUE) acquisition of Cornerstone Building Brands' insulated metal panels business is expected to boost its core business and expand product portfolio.
CHARLOTTE, N.C., June 8, 2021 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.405 per share on Nucor's common stock.
CHARLOTTE, N.C., June 7, 2021 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has signed a definitive purchase agreement to acquire Cornerstone Building Brands' insulated metal pan...
The president's negotiations with Republicans could lead to passage of a major infrastructure bill, which would be great news for these stocks.
This steel giant has a great business, and U.S. spending plans suggest its products will be in high demand. But is it worth buying?
Nucor (NUE) benefits from an upswing in steel prices and demand strength in non-residential construction and automotive markets.
Nucor (NUE) closed the most recent trading day at $107.07, moving +1.94% from the previous trading session.
These three stocks are poised to do well regardless of whether there is any political agreement on an infrastructure spending bill.
We have narrowed down our search to five large-cap S&P 500 stocks that have popped more than the benchmark year to date. These are: DHI, TGT, CMI, DOW and NUE.
Nucor (NUE) closed at $102.54 in the latest trading session, marking a +1.47% move from the prior day.
Nucor (NUE) benefits from a rally in steel prices and strong demand across its end markets.
Is (NUE) Outperforming Other Basic Materials Stocks This Year?
CHARLOTTE, N.C., May 25, 2021 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) President and Chief Executive Officer Leon Topalian was elected today to serve a two-year term as chairman of the American Iro...
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Nucor (NUE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Nucor's (NUE) new share repurchase program replaces the previously authorized $2 billion repurchase program.
CHARLOTTE, N.C., May 13, 2021 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) today approved the repurchase of up to $3.00 billion of the Company's outstanding common stock.
The nation's largest steelmaker and recycler is expanding an ongoing sustainability initiative.
Why materials may be the next hot sector to buy
CNBC's Dom Chu breaks down the materials sector, including steel and more, with Carlos De Alba, Morgan Stanley analyst.
Nucor (NUE) upgrades engineered bar mill to better serve the automotive market and continue to meet consumers' need for highest quality products.
Nucor (NUE) closed the most recent trading day at $101.30, moving +2.57% from the previous trading session.
Is (NUE) Outperforming Other Basic Materials Stocks This Year?
On Wednesday, U.S. President Joe Biden's sweeping $2.3 trillion infrastructure bill received 58% approval from Americans in a new CBS news poll.
The Zacks Rank offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
For a prudent investor, a safe strategy of choosing stocks should include search for stocks that bear a low leverage. You may buy DQ, LPX, NUE, WST and PHM.
CHARLOTTE, N.C., May 5, 2021 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that its Board of Directors has approved a project to upgrade the company's engineered bar mill in Nebraska to ...
From a low of around $450 a ton in late August last year to more than $1,200 a ton by March 1 of this year, the spike in steel prices certainly qualifies as a supercycle.
This week's top stock trades include three low-risk entries for bulls: NUE, AEM and ABBV. This trio boasts better patterns than the S&P 500.
About NUE
Nucor Corporation manufactures and sells steel and steel products. It operates through 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 products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells ... [Read more...]
| Industry Steel | |
| CEO Leon Topalian | Employees 26,400 |
| Stock Exchange NYSE | Ticker Symbol NUE |
Financial Performance
In 2020, Nucor's revenue was $20.14 billion, a decrease of -10.84% compared to the previous year's $22.59 billion. Earnings were $721.47 million, a decrease of -43.24%.
Analyst Forecasts
According to 11 analysts, the average rating for Nucor stock is "Hold." The 12-month stock price forecast is 91.64, which is a decrease of -3.92% from the latest price.