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Nucor Corp. (NUE)
NYSE:NUE
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NUE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$133.42 - $203.00
Previous Close$148.17
Volume1.74M
Average Volume (3M)1.76M
Market Cap
$33.97B
Enterprise Value$37.14B
Total Cash (Recent Filing)$4.86B
Total Debt (Recent Filing)$6.94B
Price to Earnings (P/E)14.0
Beta1.31
Next Earnings
Feb 04, 2025EPS Estimate
$0.97Last Dividend Ex-Date
Sep 27, 2024Dividend Yield1.49%
Share Statistics
EPS (TTM)10.35
Shares Outstanding234,812,916
10 Day Avg. Volume1,983,887
30 Day Avg. Volume1,764,380
Standard Deviation0.13
R-Squared0.38
Alpha0.00757
Financial Highlights & Ratios
Price to Book (P/B)1.70
Price to Sales (P/S)1.08
Price to Cash Flow (P/CF)6.50
P/FCF Ratio16.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.18
Enterprise Value/Gross Profit4.75
Enterprise Value/Ebitda10.40
Forecast
1Y Price Target
$178.63Price Target Upside19.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Nucor News
PremiumCompany Announcements
Nucor’s Q3 Earnings Drop but Strategic Growth Persists
Bulls Say, Bears Say
Bulls Say
Capital ReturnsStrong capital returns are highlighted by consistent buybacks, with more than double of net income returned to shareholders, reflecting shareholder-friendly policies.
Financial PerformanceNucor's robust cash flow and solid growth in EBITDA and EPS enhance its financial performance, signaling strong future prospects.
Market PositionNucor is strategically positioned to benefit from higher HRC pricing and diverse downstream products, providing a buffer against market volatility and enhancing its competitive edge.
Bears Say
EarningsThe company expects to take a one-time non-cash charge in the quarter of ~$123m, or $0.43 per diluted share, due to the impairment of non-current assets in their raw materials and steel products segments.
Financial PerformanceNucor did not provide any outlook commentary, which, given the weaker-than-expected 3Q'24 guide, implies downside risk.
Market DemandSeveral investors remain focused on the relative weakness in the plate market, which continues to exhibit soft fundamentals.
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Ownership Overview
0.64% Insiders
20.50% Mutual Funds
20.71% Other Institutional Investors
30.29% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NUE FAQ
What was Nucor Corp.’s price range in the past 12 months?
Nucor Corp. lowest stock price was $133.42 and its highest was $203.00 in the past 12 months.
What is Nucor Corp.’s market cap?
Currently, no data Available
When is Nucor Corp.’s upcoming earnings report date?
Nucor Corp.’s upcoming earnings report date is Feb 04, 2025 which is in 74 days.
How were Nucor Corp.’s earnings last quarter?
Nucor Corp. released its earnings results on Oct 21, 2024. The company reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.505 by -$0.015.
Is Nucor Corp. overvalued?
According to Wall Street analysts Nucor Corp.’s price is currently Undervalued.
Does Nucor Corp. pay dividends?
Nucor Corp. pays a Quarterly dividend of $0.54 which represents an annual dividend yield of 1.49%. See more information on Nucor Corp. dividends here
What is Nucor Corp.’s EPS estimate?
Nucor Corp.’s EPS estimate is $0.97.
How many shares outstanding does Nucor Corp. have?
Nucor Corp. has 234,812,910 shares outstanding.
What happened to Nucor Corp.’s price movement after its last earnings report?
Nucor Corp. reported an EPS of $1.49 in its last earnings report, missing expectations of $1.505. Following the earnings report the stock price went down -6.463%.
Which hedge fund is a major shareholder of Nucor Corp.?
Among the largest hedge funds holding Nucor Corp.’s share is Fisher Asset Management LLC. It holds Nucor Corp.’s shares valued at 32M.
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Nucor Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$178.63 (19.09% Upside)
$178.63 (19.09% Upside)
Blogger Sentiment
Bullish
NUE Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 60.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 7.6%
Last 30 Days ▲ 7.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.42%
12-Months-Change
Fundamentals
Return on Equity
12.29%
Trailing 12-Months
Asset Growth
0.23%
Trailing 12-Months
Company Description
Nucor Corp.
Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment comprises carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments. The Steel Products segment includes steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating, tubular products businesses, piling products business, and wire and wire mesh. The Raw Materials segment consists direct reduced iron, and ferrous and nonferrous metals. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC.
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NUE Company Deck
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NUE Earnings Call
Q3 2024
0:00 / 0:00
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NUE Revenue Breakdown
26.35% Sheet
17.27% Bar
14.59% Other Steel Products
7.27% Plate
34.53% Other
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NUE Stock 12 Month Forecast
Average Price Target
$178.63
▲(19.09% Upside)
Technical Analysis
Best Analysts Covering NUE
1 Year
1 Year Success Rate
6/12 ratings generated profit
1 Year Average Return
+18.49%
reiterated a buy rating 2 months ago
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