NUE - Nucor Corporation

NYSE - NYSE Delayed Price. Currency in USD
58.39
+0.09 (+0.15%)
At close: 4:00PM EDT
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Previous Close58.30
Open58.41
Bid57.51 x 1300
Ask58.39 x 1300
Day's Range58.00 - 58.90
52 Week Range53.71 - 70.48
Volume3,483,979
Avg. Volume2,385,221
Market Cap18.471B
Beta (3Y Monthly)1.66
PE Ratio (TTM)11.19
EPS (TTM)5.22
Earnings DateOct 17, 2018 - Oct 22, 2018
Forward Dividend & Yield1.52 (2.57%)
Ex-Dividend Date2018-09-27
1y Target Est76.62
Trade prices are not sourced from all markets
  • US Steel Companies Still Looking to the Trump Administration
    Market Realist21 hours ago

    US Steel Companies Still Looking to the Trump Administration

    The US steel industry got a major reprieve after President Donald Trump slapped Section 232 tariffs on US steel imports. AK Steel (AKS) and Cleveland-Cliffs (CLF) praised the tariffs. But even after the tariffs, US steel companies may still be looking to the Trump administration for support.

  • Cleveland-Cliffs Has Strong Q3 2018, Reinitiates Dividend
    Market Realist21 hours ago

    Cleveland-Cliffs Has Strong Q3 2018, Reinitiates Dividend

    Cleveland-Cliffs (CLF) released its third-quarter earnings today before the markets opened. Its revenue came in at $741.8 million, which was 24.3% higher YoY (year-over-year), beating analysts’ estimate of $732 million according to the consensus compiled by Thomson Reuters. In its second-quarter results, it beat the consensus estimate.

  • You'll Never Guess What Kept Nucor From Having Its Best Quarter Ever
    Motley Fool21 hours ago

    You'll Never Guess What Kept Nucor From Having Its Best Quarter Ever

    How many steelmakers ever take a write-down due to...natural gas wells? Nucor just did.

  • Are President Trump’s Steel Tariffs Having the Desired Effect?
    Market Realist23 hours ago

    Are President Trump’s Steel Tariffs Having the Desired Effect?

    In March, President Donald Trump imposed a 25% tariff on US steel imports, acting on the United States Department of Commerce’s Section 232 investigation. With the tariffs, the US steel industry’s capacity utilization rate was expected to rise above 80%.

  • US Steel Mills Take the Fight Head On as Prices Fall
    Market Realistyesterday

    US Steel Mills Take the Fight Head On as Prices Fall

    Is the Sell-Off in US Steel Stocks Overdone? Steel prices are the key driver of steel companies’ earnings. Earlier this year, spot HRC (hot rolled coil) prices hit a decade high, with prices topping $900 per ton.

  • Thomson Reuters StreetEventsyesterday

    Edited Transcript of NUE earnings conference call or presentation 18-Oct-18 6:00pm GMT

    Q3 2018 Nucor Corp Earnings Call

  • Nucor Corp (NUE) Q3 2018 Earnings Conference Call Transcript
    Motley Foolyesterday

    Nucor Corp (NUE) Q3 2018 Earnings Conference Call Transcript

    NUE earnings call for the period ending September 29, 2018.

  • Nucor CEO Says Quotas May Replace Tariffs in Steel Trade Fight
    Bloomberg2 days ago

    Nucor CEO Says Quotas May Replace Tariffs in Steel Trade Fight

    U.S. levies on the other countries’ steel and aluminum imports remain in effect, as do Canadian and Mexican retaliatory tariffs. John Ferriola, chief executive officer of Nucor Corp., said during an earnings call with analysts on Thursday that quotas of some kind may replace tariffs for Canada, Mexico and other countries.

  • More expansion on tap for Nucor: Charlotte steelmaker eyes 40% jump in capital spending next year
    American City Business Journals2 days ago

    More expansion on tap for Nucor: Charlotte steelmaker eyes 40% jump in capital spending next year

    Charlotte-based Nucor Corp. is eyeing $1.4 billion in capital spending for 2019, which would exceed the current record of $1.2 billion set in 2013.

  • Reuters2 days ago

    Nucor profit miss, steel market oversupply worries dent shares

    Shares of the largest steel producer in the United States fell as much as 3.7 percent to $56.91, as a dip in steel shipments from the second quarter put investors on alert that the market may be oversupplied. Nucor posted a profit that nearly tripled in the third quarter as a strong economy and the 25-percent tariff imposed in March boosted shipments and drove prices for its steel 23 percent higher. The imposition of the tariffs on steel imports raised futures prices for U.S. hot-rolled coil steel (.HRCc1) from $660 a ton in January to $924 at the start of June, but they have since fallen back to $834.

  • Reuters2 days ago

    Nucor profit miss, steel market oversupply worries dent shares

    Nucor Corp posted a quarterly profit short of analysts' forecasts on Thursday and investor concerns that the U.S. steel market may be grappling with oversupply, undermining President Donald Trump's tariffs on imported steel, sent the company's shares lower. Shares of the largest steel producer in the United States fell as much as 3.7 percent to $56.91, as a dip in steel shipments from the second quarter put investors on alert that the market may be oversupplied. Nucor posted a profit that nearly tripled in the third quarter as a strong economy and the 25-percent tariff imposed in March boosted shipments and drove prices for its steel 23 percent higher.

  • Are Deteriorating Global Macros to Blame for US Steel’s Mess?
    Market Realist2 days ago

    Are Deteriorating Global Macros to Blame for US Steel’s Mess?

    Is the Sell-Off in US Steel Stocks Overdone? As we’ve already seen in this series, there’s been a sell-off in US steel stocks, including Nucor (NUE), U.S. Steel Corporation (X), and AK Steel (AKS). In the previous part, we looked at some of the domestic factors that could be making investors bearish on US steel stocks (XME).

  • What’s Really Driving the Slump in US Steel Stocks?
    Market Realist2 days ago

    What’s Really Driving the Slump in US Steel Stocks?

    US steel stocks are having a terrible month, which has added to their woes. U.S. Steel Corporation (X) and AK Steel (AKS) have fallen 7.5% and 1.8%, respectively, this month. Nucor (NUE) has shed 6.9% of its market capitalization this month. Let’s look now at the various factors that are driving the recent slump in steel stocks.

  • Nucor's (NUE) Q3 Earnings Miss, Revenues Surpass Estimates
    Zacks2 days ago

    Nucor's (NUE) Q3 Earnings Miss, Revenues Surpass Estimates

    Nucor's (NUE) steel mills unit performed impressively in Q3 but earnings missed expectations. It expects Q4 earnings to decrease across all three operating segments sequentially.

  • Nucor posts strong quarter despite impairment charge
    American City Business Journals2 days ago

    Nucor posts strong quarter despite impairment charge

    Nucor Corp. CEO John Ferriola says strong earnings in the third quarter keep the company on track for a record year.

  • Is the Sell-Off in US Steel Stocks Overdone?
    Market Realist2 days ago

    Is the Sell-Off in US Steel Stocks Overdone?

    US steel stocks, which have been subdued for the last few months, have seen fresh selling pressure this month. Earlier this week, Credit Suisse downgraded US steel stocks from “overweight” to “equal weight.” Several other brokerages have also taken a bearish view of US steel stocks.

  • Nucor (NUE) Q3 Earnings Miss Estimates
    Zacks2 days ago

    Nucor (NUE) Q3 Earnings Miss Estimates

    Nucor (NUE) delivered earnings and revenue surprises of -0.85% and 3.43%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Nucor profits nearly triples as steel tariffs kick in
    Reuters2 days ago

    Nucor profits nearly triples as steel tariffs kick in

    Nucor steel mill's shipments increased 7 percent in the quarter, while sales to external customers rose 6 percent from a year earlier. Net sales rose to $6.74 billion from $5.2 billion, beating estimates of $6.63 billion.

  • Associated Press2 days ago

    Nucor: 3Q Earnings Snapshot

    The Charlotte, North Carolina-based company said it had profit of $2.13 per share. Earnings, adjusted for one-time gains and costs, were $2.33 per share. The results missed Wall Street expectations. The ...

  • What Could Help Cleveland-Cliffs Reduce Its Valuation Gap?
    Market Realist2 days ago

    What Could Help Cleveland-Cliffs Reduce Its Valuation Gap?

    In this part of our series, we’ll look at Cleveland-Cliffs’s (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) multiples.

  • PR Newswire2 days ago

    Nucor Reports Results for the Third Quarter and First Nine Months of 2018

    CHARLOTTE, N.C. , Oct. 18, 2018 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced third quarter of 2018 consolidated net earnings of $676.7 million , or $2.13 per diluted share. Included in ...

  • Benzinga3 days ago

    Q3 Earnings Outlook For Nucor Corporation

    Nucor Corporation (NYSE: NUE ) announces its next round of earnings this Thursday, Oct. 18. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement. Earnings and Revenue Based ...

  • AK Steel (AKS) Receives New $1.2-Million Award From DOE
    Zacks3 days ago

    AK Steel (AKS) Receives New $1.2-Million Award From DOE

    The latest project enables AK Steel (AKS) to explore new low-density steels that can be used in automotive structural applications.

  • Cleveland-Cliffs: What’s Driving Wall Street Earnings Estimates?
    Market Realist3 days ago

    Cleveland-Cliffs: What’s Driving Wall Street Earnings Estimates?

    Analysts’ EBITDA estimates reflect their expectations for a company’s future profitability. Analysts usually derive these estimates from revenue projections, margin assumptions, or cost projections.