Nucor Corporation (NUE)
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]
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 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.
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.
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.
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...
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.
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 ...
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.
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...
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...
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...
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...
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).
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...
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.