NUE - Nucor Corporation
| Previous Close | 61.76 |
| Open | 61.68 |
| Bid | 62.40 x 800 |
| Ask | 62.68 x 800 |
| Day's Range | 60.93 - 62.60 |
| 52 Week Range | 51.67 - 70.48 |
| Volume | 2,155,202 |
| Avg. Volume | 2,323,862 |
| Market Cap | 19.733B |
| Beta | 1.64 |
| PE Ratio (TTM) | 11.96 |
| EPS (TTM) | 5.22 |
| Earnings Date | Oct 17, 2018 - Oct 22, 2018 |
| Forward Dividend & Yield | 1.52 (2.36%) |
| Ex-Dividend Date | 2018-06-28 |
| 1y Target Est | 78.12 |
- Motley Fool•2 days ago
United States Steel Corporation: Buy the Dip?
The steel manufacturer is boosting productivity and deleveraging, and its stock is the cheapest among peers.
Market Realist•2 days agoMetal Stocks: What Investors Need to Know
Metal and mining stocks have been on a literal freefall in August. In this part, we’ll discuss the outlook for metal stocks after several stocks traded close to their 52-week lows.
Market Realist•3 days agoSteel Investors: Higher Dividends This Year?
As we noted previously, steel companies’ cash flows have improved amid higher steel prices (CLF). As cash flows increase, steel companies also face the question of capital allocation. Companies can return cash to shareholders in the form of dividends or share buybacks.
Market Realist•3 days agoWhy US Steel Stocks Continue to Sag
The US steel industry has been plagued by higher imports that are allegedly subsidized by foreign governments. US steel companies were relieved when President Trump imposed the Section 232 tariffs on US steel imports earlier this year. The tariffs were tightened more after President Trump refused to extend the temporary exemptions for NAFTA and the European Union. President Trump has authorized doubling the Section 232 tariffs to 50% on Turkish steel.
Market Realist•3 days agoU.S. Steel Corporation’s Cash Flows Compared to Nucor
In this part, we’ll discuss steel companies’ second-quarter free cash flows. The free cash flow is the operating cash flow minus the capital expenditure. Free cash flows are a key metric for investors in capital-intensive industries like steel.
Market Realist•3 days agoSteel Companies’ Third-Quarter Guidance: Key Takeaways
In the previous part, we discussed steel companies’ second-quarter earnings. In this part, we’ll see what different steel companies had to say about their third-quarter guidance during their second-quarter earnings call.
Market Realist•4 days agoWilbur Ross Could Soon Call It Mission Accomplished
With the Section 232 tariffs, the US Department of Commerce is aiming to improve the domestic steel industry’s capacity utilization rate. While releasing its Section 232 recommendations, it noted, “The quotas or tariffs imposed should be sufficient, even after any exceptions (if granted), to enable US steel producers to operate at an 80 percent or better average capacity utilization rate based on available capacity in 2017.”
Market Realist•4 days agoU.S. Steel Corporation and AK Steel’s Second-Quarter Earnings
AK Steel’s (AKS) second-quarter EBITDA fell 11.4% YoY (year-over-year) to $148 million. AK Steel is the only company among the steel stocks that we’re covering in this series that has posted a yearly fall in its second-quarter EBITDA. U.S. Steel Corporation (X) posted an EBITDA of $451 million in the second quarter—compared to $255 million in the first quarter and $362 million in the second quarter of 2017. The company’s adjusted EBITDA rose 24.6% YoY. While U.S. ...
Market Realist•4 days agoAK Steel’s Average Selling Price Growth Lags Its Peers
Previously in this series, we compared steel companies’ second-quarter shipments. In this part, we’ll look at their ASP (average selling price). The ASP is a key driver of steel companies’ performance. The ASP tends to impact companies’ profitability.
Market Realist•4 days agoOutlook for U.S. Steel Corporation’s Shipments
In the previous part, we discussed steel companies’ second-quarter shipments. In this part, we’ll see what could drive steel companies’ shipments in the third quarter and beyond.
Market Realist•4 days agoSteel Shipments: Nucor’s Performance versus Steel Dynamics
Steel companies’ revenues are a function of average steel prices and shipments. So, steel investors should follow quarterly production and shipment data. In this part, we’ll compared steel companies’ second-quarter shipments.
Market Realist•5 days agoAnalyzing Steel Companies’ Second-Quarter Earnings
The second-quarter earnings season is nearly over. All of the major US steel companies have released their second-quarter reports. To some extent, the second-quarter earnings season was similar to the first quarter. Nucor (NUE) and Steel Dynamics (STLD) posted better-than-expected earnings.
Market Realist•7 days agoUS Steel Stocks—Heads: They Lose, Tails: They Lose, Too!
US steel stocks are in the red today. As of 1:30 PM ET, U.S. Steel Corporation (X) and AK Steel (AKS) are respectively trading down 1.1% and 2.4%. Today, the Turkish currency fell to record lows amid the country’s rising frictions with the United States.
Market Realist•8 days agoWhat Would Lead to a Rerating of CLF’s Multiple?
In this article, we’ll look at Cleveland-Cliffs’ (CLF) valuation and compare it to those of its US steel peers. We’ll also look at its forward EV-to-EBITDA (enterprise value-to-EBITDA) and PE multiples.
- Zacks•8 days ago
Top Ranked Value Stocks to Buy for August 10th
Top Ranked Value Stocks to Buy for August 10th
- Motley Fool•8 days ago
3 Top Large-Cap Stocks to Buy Right Now
These companies did almost $250 billion in business over the past year and generated over $26 billion in free cash flow. We think those numbers are going to grow in the years ahead.
Market Realist•8 days agoAnalysts View ArcelorMittal Favorably after Q2 2018 Earnings
ArcelorMittal (MT), the world’s largest steel producer, released its second-quarter earnings on August 1. It reported revenues of $19.9 billion in the second quarter, compared to $19.2 billion in the first quarter.
Market Realist•8 days agoWhy Steel Companies Think US Steel Demand Should Remain Supported
Is Cleveland-Cliffs Well Placed amid Changing US Steel Dynamics? As a result, investors who are interested in Cleveland-Cliffs (CLF) track US steel demand. In this article, we’ll see how investors can track the demand for US steel by monitoring demand indicators.
Market Realist•8 days agoU.S. Steel: Bulls and Bears Go Silent after Mixed Guidance
U.S. Steel Corporation (X) released its second-quarter earnings on August 1. The company’s adjusted EBITDA rose from $376.0 million in the second quarter of 2017 to $451.0 million in the second quarter. Although U.S. Steel’s second-quarter earnings were better than expected, its earnings guidance rattled investors.
Market Realist•8 days agoUS Steel Imports Tumble—Is It the Start of a Trend?
Cleveland-Cliffs’ (CLF) customers, including AK Steel and ArcelorMittal, are directly affected by steel imports into the United States. As a result, investors should track these data to get a sense of the future shipment outlook for CLF.
Market Realist•8 days agoUS Steel Producers Get Some Respite from China
China is the world’s largest steel producer, consumer, and exporter. Chinese steel exports form a minuscule amount of US steel imports. However, the country’s steel exports still impact US steel companies like U.S. Steel (X), AK Steel (AKS), and Nucor (NUE), as higher Chinese steel exports put pressure on global steel prices, which eventually impacts the US steel pricing environment. Notably, US steel prices have risen sharply this year, hurting earnings of some of the end users. The industrial sector (DIA) has underperformed this year amid the US-China trade war scare.
Market Realist•8 days agoIs Cleveland-Cliffs Well Placed amid Changing US Steel Dynamics?
The second-quarter earnings season has come to an end for US steelmakers. Cleveland-Cliffs (CLF) released its second-quarter earnings results before the market opened on July 20.
- TheStreet.com•8 days ago
Nucor's Chairman DiMicco Stands With Trump on Trade, Benefits From Protection
Chairman Emeritus Dan DiMicco, whose steel-making company is one the chief beneficiaries of President Trump's global trade war, stands with the president in claiming the U.S won't be taken advantage of anymore, and besides, China is a big cheater. DiMicco, 68, told the Jefferies Industrials Conference in New York City that the Trump administration's strategy of tax reform, trade reform, regulatory reform, and energy reform/infrastructure has not only improved the U.S.'s global competitiveness but also sent a message to the rest of the planet. "We're re-opened for business in a way that we do want to partner with the world but don't want to be taken advantage of," said DiMicco, who's a member of the U.S Trade Representative's Advisory Committee for Trade Policy and Negotiations.
Market Realist•9 days agoAnalysts Maintain Bearish Bias on Subdued AK Steel Stock
AK Steel (AKS) released its second-quarter earnings on July 30 after the markets closed and held its earnings call on July 31. AKS stock saw a selling spree and closed with a loss of 13.6% on July 31.
Market Realist•9 days agoWall Street Maintains Status Quo after Steel Dynamics’ Earnings
Steel Dynamics (STLD) released its second-quarter earnings after the markets closed on July 23 and held its earnings call the next day. Steel Dynamics posted revenues of $3.1 billion in the second quarter, compared to $2.4 billion in the second quarter of 2017 and $2.6 billion in the first quarter.
