Nucor Corporation (NUE)
Market Cap | 35.50B |
Revenue (ttm) | 39.73B |
Net Income (ttm) | 6.65B |
Shares Out | 251.22M |
EPS (ttm) | 25.56 |
PE Ratio | 5.53 |
Forward PE | 10.10 |
Dividend | $2.04 (1.44%) |
Ex-Dividend Date | Mar 30, 2023 |
Volume | 2,108,597 |
Open | 138.43 |
Previous Close | 133.03 |
Day's Range | 137.90 - 141.87 |
52-Week Range | 100.13 - 182.68 |
Beta | 1.57 |
Analysts | Hold |
Price Target | 148.88 (+5.37%) |
Earnings Date | Jul 20, 2023 |
About NUE
Nucor Corporation manufactures and sells steel and steel products. The company's 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; and 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 its products to steel service centers, fabricators, and manufacturers ... [Read more]
Financial Performance
In 2022, Nucor's revenue was $41.51 billion, an increase of 13.78% compared to the previous year's $36.48 billion. Earnings were $7.61 billion, an increase of 11.42%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for NUE stock is "Hold." The 12-month stock price forecast is $148.88, which is an increase of 5.37% from the latest price.
News
Why the chart master sees more strength ahead in the steel trade
Carter Worth, Worth Charting, joins 'Fast Money to talk the state of metal commodities.

ExxonMobil, Nucor Ink Big Carbon Capture Deal
ExxonMobil and big steel-maker Nucor announced a major carbon capture and storage (CCS) deal Thursday.

Exxon signs decarbonization contract with steel maker Nucor
Exxon Mobil Corp. said on Wednesday it signed with U.S. steel maker Nucor Corporation a carbon capture and sequestration (CCS) contract, its first from a hard to abate industry.

Nucor Enters Into Carbon Capture & Storage Agreement with ExxonMobil
ExxonMobil will capture, transport and store carbon from Louisiana DRI plant CHARLOTTE, N.C. , June 1, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has signed an agreemen...

Nucor Announces Plate Mill Group Reorganization
CHARLOTTE, N.C. , May 24, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it will reorganize the Company's plate group, including ceasing production at Nucor Steel Longview, LL...

The Street is Downbeat on Steel. The Case Against Nucor, Others.
J.P. Morgan analyst Bill Peterson launched coverage of the five steel producers. He doesn't really like any of them.

NuScale Power and Nucor Corporation Sign Memorandum of Understanding to Explore Deployment of Small Modular Nuclear Reactors to Power Nucor Electric Arc Furnace Steel Mills
PORTLAND, Ore.--(BUSINESS WIRE)--This MOU will explore co-locating NuScale's VOYGR™ SMR power plants to provide electricity to Nucor's scrap-based electric arc furnace steel mills.

Nucor Promotes Brad Ford to Executive Vice President
CHARLOTTE, N.C. , May 12, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that Brad Ford will be promoted to Executive Vice President of Fabricated Construction Products effective M...

Nucor Announces New Share Repurchase Program
CHARLOTTE, N.C. , May 11, 2023 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) has approved the repurchase of up to $4.00 billion of the Company's outstanding common stock.

Nucor Leads Effort to Develop Carbon Emissions Standard for the Steel Industry
CHARLOTTE, N.C. , April 26, 2023 /PRNewswire/ -- A coalition of steel companies and industry partners founded by Nucor Corporation (NYSE: NUE) and five other organizations released for comment today a...

Nucor Reports Results for the First Quarter of 2023
First Quarter of 2023 Highlights Net earnings attributable to Nucor stockholders of $1.14 billion, or $4.45 per diluted share Net sales of $8.71 billion Net earnings before noncontrolling interests of...

Nucor Invites You to Join Its First Quarter of 2023 Conference Call on the Web
CHARLOTTE, N.C. , April 19, 2023 /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, ...

4 Outperforming Steelmakers to Consider
As the first quarter of 2023 comes to a close, investors are looking at companies that have performed well so far this year.

Nucor stock falls after downbeat profit outlook
Shares of Nucor Corp. NUE fell 0.6% toward a 2 1/2-month low in premarket trading Thursday, after the steelmaker provided a first-quarter profit outlook that was below Wall Street projections. The com...

Nucor Announces Guidance for the First Quarter of 2023 Earnings
CHARLOTTE, N.C. , March 16, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its first quarter ending April 1, 2023.

Nucor Provides One-Year Update on New West Virginia Sheet Mill
CHARLOTTE, N.C. , Feb. 23, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) provided a one-year update today on the status of its new sheet steel mill in West Virginia, including the approval by the...

Nucor to create 200 more jobs in Alabama as it builds a new tower production plant
Nucor Corp. NUE, +1.30% said Wednesday that it expects to create 200 full-time jobs in Alabama, as it announced a plan to build a new transmission tower production plant in Decatur, next to its sheet ...

Nucor to Build New Transmission Tower Production Plant in Alabama
CHARLOTTE, N.C. , Feb. 22, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the Company's Towers & Structures business unit will build a new state-of-the-art transmission tower ...

Nucor Announces 200th Consecutive Cash Dividend
CHARLOTTE, N.C. , Feb. 21, 2023 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.51 per share on Nucor's common stock.
Nucor CEO on the company's growth plan, anticipated tailwinds from the CHIPS Act
Cramer spoke with Nucor CEO Leon Topalian on Thursday.

Nucor Reports Record Annual Earnings for 2022
Nucor reports safest and most profitable year in Company history, eclipsing prior records set in 2021 Fourth quarter and full year 2022 earnings per diluted share of $4.89 and $28.79, respectively Ret...

Nucor Invites You to Join Its Fourth Quarter of 2022 Conference Call on the Web
CHARLOTTE, N.C. , Jan. 25, 2023 /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, ...