NUE - Nucor Corporation

NYSE - NYSE Delayed Price. Currency in USD
60.18
-1.96 (-3.15%)
At close: 4:00PM EST
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Previous Close62.14
Open61.23
Bid0.00 x 800
Ask71.00 x 900
Day's Range59.61 - 61.42
52 Week Range55.17 - 70.48
Volume2,426,837
Avg. Volume2,526,846
Market Cap18.892B
Beta (3Y Monthly)1.55
PE Ratio (TTM)9.19
EPS (TTM)6.55
Earnings DateJan 28, 2019 - Feb 1, 2019
Forward Dividend & Yield1.52 (2.40%)
Ex-Dividend Date2018-09-27
1y Target Est75.87
Trade prices are not sourced from all markets
  • The Tiny Black Spot on Steel Dynamics' Record-Breaking Quarter
    Motley Fool12 hours ago

    The Tiny Black Spot on Steel Dynamics' Record-Breaking Quarter

    Steel Dynamics reported record results in the third quarter, but there was one soft spot management noted. Should investors worry?

  • Why Is Nucor (NUE) Up 8.5% Since Last Earnings Report?
    Zacks4 days ago

    Why Is Nucor (NUE) Up 8.5% Since Last Earnings Report?

    Nucor (NUE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Why an 11% Drop in This Industry Metric Is Huge News for Steelmakers
    Motley Fool5 days ago

    Why an 11% Drop in This Industry Metric Is Huge News for Steelmakers

    Tariffs seem to have the intended effect in the U.S. steel market, which is making life easier for the industry and leading to notable changes.

  • Nucor (NUE) Outpaces Stock Market Gains: What You Should Know
    Zacks5 days ago

    Nucor (NUE) Outpaces Stock Market Gains: What You Should Know

    Nucor (NUE) closed the most recent trading day at $62.88, moving +1.26% from the previous trading session.

  • How US Steel Companies Have Utilized Their Bumper Earnings
    Market Realist6 days ago

    How US Steel Companies Have Utilized Their Bumper Earnings

    As noted in the previous articles, US steel companies’ earnings have improved this year after Section 232 tariffs lifted US steel prices. In this article, we’ll see what companies are doing with their bumper earnings.

  • Investopedia6 days ago

    Infrastructure Bipartisanship: Strong Steel Stocks

    The midterm elections have been run and won, leaving the nation with a split Congress. Although the Republicans and Democrats are at loggerheads over many policies relating to issues such as taxation and immigration, they may be able to bridge the gap on infrastructure spending, with leaders from both parties indicating a willingness to work together, increasing the likelihood of a bipartisan infrastructure reform bill passing. "The Democrats are likely to push plans for large-scale infrastructure spending.

  • How U.S. Steel’s Free Cash Flows Look This Year
    Market Realist6 days ago

    How U.S. Steel’s Free Cash Flows Look This Year

    In this part, we’ll discuss steel companies’ third-quarter free cash flows. Free cash flow is operating cash flow minus capital expenditure. U.S. Steel (X) generated free cash flows of $164 million in the third quarter as compared to $219 million in the second quarter and $128 million in the third quarter of 2017.

  • Steel Companies Tone Down Expectations after Steel Price Rout
    Market Realist6 days ago

    Steel Companies Tone Down Expectations after Steel Price Rout

    In the previous article, we looked at steel companies’ third-quarter earnings and noted that steel companies posted record or near record earnings in the quarter. In this article, we’ll look at steel companies’ fourth-quarter guidance.

  • Thanks to Tariffs, US Steel Companies’ Earnings Skyrocket
    Market Realist7 days ago

    Thanks to Tariffs, US Steel Companies’ Earnings Skyrocket

    Higher steel prices have lifted US steel companies’ profitability this year. In this part, we’ll compare steel companies’ third-quarter adjusted EBITDA, which is the preferred profitability metric for steel companies (SPY).

  • What Lies Ahead for US Steel Mills after This Year’s Windfall?
    Market Realist7 days ago

    What Lies Ahead for US Steel Mills after This Year’s Windfall?

    US steel prices rose sharply in the first half of 2018 as President Trump’s Section 232 tariffs lifted US steel prices with the benchmark HRC (hot roll coil) prices rising to a decade high. Higher spot steel prices supported US steel companies’ average selling prices (or ASP) in the last two quarters. However, spot steel prices fell last month. Although prices have stabilized after companies like Nucor (NUE) and ArcelorMittal (MT) announced price hikes, they are still below their 2018 highs.

  • Steel Companies’ Selling Prices Spike amid Trump’s Tariffs
    Market Realist7 days ago

    Steel Companies’ Selling Prices Spike amid Trump’s Tariffs

    Previously in this series, we compared steel companies’ third-quarter shipments. In this part, we’ll look at their ASP (average selling price). The ASP is a key driver of steel companies’ performance and impacts their profitability. We saw a sharp rise in steel companies’ ASP this year after President Trump’s Section 232 tariffs lifted US steel prices (SPY) to multiyear highs.

  • Bloomberg7 days ago

    Ray Dalio Boosts U.S. Steel and Nucor Holdings, While Cutting Cliffs

    As of the end of September, Dalio’s Bridgewater Associates owned 1.09 million shares of Pittsburgh-based U.S. Steel, an increase of almost 586,000, a regulatory filing showed Tuesday. U.S. Steel shares have dropped 23 percent in 2018. Bridgewater also increased its holdings in Nucor Corp., the biggest American steelmaker.

  • US Steel Demand: Is the ‘Buyer Strike’ Over?
    Market Realist7 days ago

    US Steel Demand: Is the ‘Buyer Strike’ Over?

    As noted previously, steel companies like ArcelorMittal (MT), Nucor (NUE), and AK Steel (AKS) reported lower sequential shipments in the third quarter. ArcelorMittal also pointed to “temporary market weakness in the US.” According to Steel Dynamics, “customers took a temporary purchasing hiatus in anticipation of lower transaction prices as scrap pricing dipped a little and imports moderated some.” However, Nucor’s response was a bit more nuanced.

  • Why Steel Companies’ Q3 Shipment Profile Was Disappointing
    Market Realist7 days ago

    Why Steel Companies’ Q3 Shipment Profile Was Disappointing

    Steel companies’ revenues are a function of average steel prices and shipments. In this part, we’ll compare steel companies’ third-quarter shipments.

  • CNBC8 days ago

    If Trump and Democrats get serious about an infrastructure bill, these stocks should benefit

    Democratic and Republican leaders have signaled they are willing to work together on infrastructure, opening the door for a possible bipartisan bill to move forward in Washington. "This is a logical time to address the many US infrastructure deficiencies that have become an impediment to a variety of economic activities in the US," says Sean Darby of Jefferies. If this happens, Darby notes stocks like Nucor and Vulcan Materials should benefit.

  • Subdued Earnings: Most Steel Companies Missed Q3 Estimates
    Market Realist8 days ago

    Subdued Earnings: Most Steel Companies Missed Q3 Estimates

    We’re towards the end of the third-quarter earnings season, and all of the leading US steel producers have released their quarterly earnings. Steel Dynamics was the first major steel company to release its quarterly results on October 17. Nucor (NUE) released earnings on October 18.

  • Trump's steel tariffs create big profits but few new jobs
    Reuters8 days ago

    Trump's steel tariffs create big profits but few new jobs

    Nucor Corp, America’s largest steelmaker, planned a new plant in Sedalia, Missouri, long before U.S. President Donald Trump imposed tariffs to protect the industry – and it does not need them to make money. Although the firm helped lead the lobbying push for tariffs on imports, executives say they invested in Sedalia and two other sites to capitalize on an already profitable strategy that doesn't depend on government help. While Trump has played up the narrative of downtrodden steel workers losing jobs to unscrupulous foreign competitors, most of the benefit from his 25 percent tariffs are flowing to the already strong bottom lines of Nucor and other modernized and globally competitive U.S. steel firms, according to interviews with industry executives, experts and a Reuters review of company earnings.

  • Reuters8 days ago

    Insight: Trump's steel tariffs create big profits but few new jobs

    Nucor Corp, America’s largest steelmaker, planned a new plant in Sedalia, Missouri, long before U.S. President Donald Trump imposed tariffs to protect the industry – and it does not need them to make money. Although the firm helped lead the lobbying push for tariffs on imports, executives say they invested in Sedalia and two other sites to capitalize on an already profitable strategy that doesn't depend on government help. While Trump has played up the narrative of downtrodden steel workers losing jobs to unscrupulous foreign competitors, most of the benefit from his 25 percent tariffs are flowing to the already strong bottom lines of Nucor and other modernized and globally competitive U.S. steel firms, according to interviews with industry executives, experts and a Reuters review of company earnings.

  • The Wall Street Journal9 days ago

    [$$] The Anti-Manufacturing Tariff

    Mid Continent filed its exclusion application in June at Commerce’s Bureau of Industry and Security, better known as the bureaucracy for steel lobbyists. Traditionally any objection from a domestic producer was enough to defeat an exclusion request. Commerce then accepts a final “sur-rebuttal” from the domestic producer.

  • This Steel Giant Is Making a $2 Billion Investment in the Future
    Motley Fool11 days ago

    This Steel Giant Is Making a $2 Billion Investment in the Future

    Nucor has big spending plans; here's what it's doing and why.

  • US Steel Companies Are Upbeat, Analysts Look the Other Way
    Market Realist12 days ago

    US Steel Companies Are Upbeat, Analysts Look the Other Way

    Steel companies sounded upbeat about the US steel industry’s outlook during their third-quarter earnings calls. While Nucor (NUE), Steel Dynamics (STLD), and U.S. Steel Corporation (X) have announced share buybacks, Cleveland-Cliffs (CLF) has reinstated its dividend. Let’s see what leading steel companies said about the US steel industry’s health.

  • Why Are US Steel Stocks in a Tight Bear Grip?
    Market Realist12 days ago

    Why Are US Steel Stocks in a Tight Bear Grip?

    As we noted previously, steel stocks like AK Steel (AKS) and ArcelorMittal (MT) are trading with a year-to-date loss. Steel stocks have underperformed broader equity markets (DIA) in 2018 despite President Trump’s Section 232 tariffs. In this part, we’ll discuss the key reasons why bears love steel stocks.

  • Markets Don’t Like US Steel Stocks despite Trump’s Support
    Market Realist12 days ago

    Markets Don’t Like US Steel Stocks despite Trump’s Support

    Earlier in 2018, President Trump slapped a 25% tariff on US steel imports and a 10% tariff on aluminum imports. For US steel and iron ore producers like U.S. Steel Corporation (X), AK Steel (AKS), and Cleveland-Cliffs (CLF), the higher level of imports is their greatest challenge. The companies said that the imports are unfairly subsidized by foreign governments.

  • How to Read China’s October Steel Exports Data
    Market Realist13 days ago

    How to Read China’s October Steel Exports Data

    China’s steel and aluminum overcapacity has received flak from its trading partners. Earlier this year, President Trump imposed tariffs on steel and aluminum imports in a bid to protect US manufacturers (DIA). In this part, we’ll discuss China’s October steel exports data in light of US tariffs.

  • Why Analysts Still Don’t Like U.S. Steel Corporation
    Market Realist13 days ago

    Why Analysts Still Don’t Like U.S. Steel Corporation

    U.S. Steel Corporation (X) released its third-quarter earnings on November 1 after the markets closed. The company reported revenues of $3.73 billion in the third quarter—compared to revenues of $3.60 billion in the second quarter and $3.25 billion in the third quarter of 2017.