Nucor Corporation (NUE)

NYSE: NUE · IEX Real-Time Price · USD
172.12
-1.31 (-0.76%)
May 17, 2024, 4:00 PM EDT - Market closed
-0.76%
Market Cap 41.19B
Revenue (ttm) 34.14B
Net Income (ttm) 4.23B
Shares Out 239.76M
EPS (ttm) 17.01
PE Ratio 10.12
Forward PE 13.76
Dividend $2.16 (1.26%)
Ex-Dividend Date Mar 27, 2024
Volume 887,575
Open 174.80
Previous Close 173.43
Day's Range 171.52 - 174.99
52-Week Range 129.79 - 203.00
Beta 1.66
Analysts Buy
Price Target 190.86 (+10.89%)
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 8 analysts, the average rating for NUE stock is "Buy." The 12-month stock price forecast is $190.86, which is an increase of 10.89% from the latest price.

Price Target
$190.86
(10.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Nucor Executive Vice President Douglas J. Jellison to Retire; Randy J.

CHARLOTTE, N.C. , May 10, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that Executive Vice President Douglas J.

8 days ago - PRNewsWire

Top 4 Materials Stocks That May Explode In Q2

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: CLFCMPX
22 days ago - Benzinga

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.

24 days ago - CNBC Television

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.

24 days ago - CNBC

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.

24 days ago - CNBC Television

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.

Other symbols: CLF
25 days ago - Barrons

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...

25 days ago - Investopedia

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.

25 days ago - PRNewsWire

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, ...

26 days ago - PRNewsWire

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.

4 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

Other symbols: GOOGMSFT
2 months ago - PRNewsWire

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.

2 months 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
2 months 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
2 months 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.

3 months 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...

3 months 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.

3 months 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.

3 months 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.

3 months 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
3 months 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...

3 months 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
3 months ago - CNBC Television