NUE - Nucor Corporation

NYSE - NYSE Delayed Price. Currency in USD
51.97
-0.39 (-0.74%)
At close: 4:01PM EST

52.10 +0.13 (0.25%)
After hours: 6:25PM EST

Stock chart is not supported by your current browser
Previous Close52.36
Open52.55
Bid51.68 x 900
Ask52.86 x 1100
Day's Range51.77 - 52.60
52 Week Range46.10 - 62.31
Volume1,524,262
Avg. Volume1,877,298
Market Cap15.758B
Beta (5Y Monthly)1.65
PE Ratio (TTM)8.86
EPS (TTM)5.86
Earnings DateJan 27, 2020
Forward Dividend & Yield1.61 (3.07%)
Ex-Dividend DateDec 28, 2019
1y Target Est58.50
  • Fortune lists several local companies among 'World's Most Admired'
    American City Business Journals

    Fortune lists several local companies among 'World's Most Admired'

    Seven Charlotte-area corporations — including Nucor Corp., Bank of America Corp., Honeywell International Inc. and Duke Energy Corp. — appear on Fortune magazine’s newly released list of the "World’s Most Admired Companies."

  • What Makes Nucor Corporation (NYSE:NUE) A Great Dividend Stock?
    Simply Wall St.

    What Makes Nucor Corporation (NYSE:NUE) A Great Dividend Stock?

    Dividend paying stocks like Nucor Corporation (NYSE:NUE) tend to be popular with investors, and for good reason - some...

  • US Steel Stocks' Q4 Earnings: Will Lower Prices be a Drag?
    Zacks

    US Steel Stocks' Q4 Earnings: Will Lower Prices be a Drag?

    Lower U.S. steel prices might have hurt shipments and selling prices of American steel companies in Q4.

  • What's in the Offing for PPG Industries' (PPG) in Q4 Earnings?
    Zacks

    What's in the Offing for PPG Industries' (PPG) in Q4 Earnings?

    Our proven model does not show that PPG Industries (PPG) is likely to beat the Zacks Consensus Estimate this quarter.

  • Why Nucor (NUE) is Poised to Beat Earnings Estimates Again
    Zacks

    Why Nucor (NUE) is Poised to Beat Earnings Estimates Again

    Nucor (NUE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • Moody's

    Zekelman Industries, Inc. -- Moody's upgrades Zekelman Industries to Ba3; assigns Ba3 rating to senior secured term loan

    Moody's Investors Service upgraded Zekelman Industries, Inc.'s corporate family rating (CFR) to Ba3 from B1, its probability of default rating (PDR) to Ba3-PD from B1-PD, its senior secured notes rating to B2 from B3, and assigned a Ba3 rating to the proposed $900 million senior secured term loan. Zekelman plans to use the proceeds from the new term loan to pay off its existing term loan which matures in June 2021.

  • 2019 Review: Top Hedge Fund Stocks vs. Nucor Corporation (NUE)
    Insider Monkey

    2019 Review: Top Hedge Fund Stocks vs. Nucor Corporation (NUE)

    Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before 2018's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]

  • Soft Demand, China Mar Outlook of Steel Producers Industry
    Zacks

    Soft Demand, China Mar Outlook of Steel Producers Industry

    Soft Demand, China Mar Outlook of Steel Producers Industry

  • U.S. Steel Imports Drop 15% in 2019 Under Weight of Tariffs
    Zacks

    U.S. Steel Imports Drop 15% in 2019 Under Weight of Tariffs

    The Trump administration's trade actions largely contributed to the year-over-year declines in total and finished U.S. steel imports in 2019.

  • Steel Giants Boost U.S. Prices Again in Bet on Resilient Demand
    Bloomberg

    Steel Giants Boost U.S. Prices Again in Bet on Resilient Demand

    (Bloomberg) -- Nucor Corp., the largest U.S. steelmaker, raised prices for a fifth time since late October, adding to signs of a rebound in the industry as the world’s top producer ArcelorMittal and Russia’s NLMK also announced increases.The cost for new orders of hot-rolled, cold-rolled and galvanized sheet will increase by at least $40 a short ton, effective immediately, Nucor said in a letter to clients Wednesday. Arcelor and NLMK lifted U.S. prices on some products by the same amount, with NLMK telling customers the boost was “due to extending lead times and strong order placement.”U.S. Midwest domestic hot-rolled coil steel index futures have rebounded 19% from a three-year low in November as economic sentiment mends and the U.S. housing market strengthens. Declining mortgage rates are making homes more affordable, boosting demand for steel used in construction, Commercial Metals Co. Chief Executive Office Barbara Smith said in an interview Monday.Nucor’s price increase is “a positive for steel sector sentiment,” Jefferies LLC analysts including Martin Englert and Alan Spence said in an emailed note. “The move will be broadly supported by peers.”“We are not surprised” to see a mill that uses ferrous scrap to make products lead the charge, said Cowen & Co. analyst Tyler Kenyon. Prices of ferrous scrap are expected to settle higher this month from December, while “positive supply-side sentiment” from U.S. Steel Corp.’s idling of its Great Lakes facility and an unplanned outage at Arcelor’s Indiana Harbor East complex may also help, according to Kenyon.A phase-one trade deal between the U.S. and China in December also makes long-term prospects for steel-using industry “brighter,” said David Owen, Economist at IHS Markit.Luxembourg-based Arcelor told clients Wednesday that prices of all new orders of flat-steel products will increase by at least $40 a ton, effective immediately.NLMK said base prices of all products would be hiked by at least $40 a ton for all new spot orders, effective immediately.Nucor and ArcelorMittal didn’t immediately respond to an email seeking comment, while NLMK didn’t immediate reply to a voice mail seeking comment.The last time prices of the metal have risen this fast was after steel tariffs were imposed by President Donald Trump in March 2018, with no formal announcements made by steel mills, according to Kenyon.To contact the reporters on this story: Yvonne Yue Li in New York at yli1490@bloomberg.net;Joe Deaux in New York at jdeaux@bloomberg.netTo contact the editors responsible for this story: Luzi Ann Javier at ljavier@bloomberg.net, Joe Richter, Pratish NarayananFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.

  • 5 Solid Steel Stocks to Buy As Industry Eyes Recovery in 2020
    Zacks

    5 Solid Steel Stocks to Buy As Industry Eyes Recovery in 2020

    As the steel industry looks poised for a rebound this year after a gloomy 2019, it would be prudent to invest in steel stocks that have compelling prospects.

  • PR Newswire

    Nucor Invites You to Join Its Fourth Quarter of 2019 Conference Call on the Web

    In conjunction with Nucor's (NYSE: NUE) fourth quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's President and Chief Executive Officer. The event will be available on the Internet on January 28, 2020, at 2 p.m. Eastern Time.

  • Top Materials Stocks for January 2020
    Investopedia

    Top Materials Stocks for January 2020

    The materials sector includes companies engaged in the discovery, development, and processing of raw materials, which are used across many other sectors and industries. Materials stocks include manufacturers of products as varied as plastic, fertilizer, paper, concrete, and metals. Some prominent names in the materials sector include Dupont de Nemours Inc. (DD), Ecolab Inc. (ECL), and Dow Inc. (DOW).

  • 3 Potentially Undervalued Large Caps
    GuruFocus.com

    3 Potentially Undervalued Large Caps

    Micron Technology tops the list Continue reading...

  • Is Nucor (NUE) a Great Value Stock Right Now?
    Zacks

    Is Nucor (NUE) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Nucor's latest expansion opens up new markets with painted-steel products
    American City Business Journals

    Nucor's latest expansion opens up new markets with painted-steel products

    Nucor Corp. will build a coil-paint line at its Nucor Steel Arkansas plant, which will make that facility the Charlotte-based company’s first that can produce painted steel. The project is in line with Nucor's strategy of expanding its value-added product offerings. “We will be able to compete in new markets, such as roofing and siding, light fixtures and appliances, as well as strengthen our existing market position in HVAC, garage doors and service centers," says Jay Henderson, vice president and general manager of Nucor Steel Arkansas.

  • Nucor Corporation (NYSE:NUE) Earns A Nice Return On Capital Employed
    Simply Wall St.

    Nucor Corporation (NYSE:NUE) Earns A Nice Return On Capital Employed

    Today we'll evaluate Nucor Corporation (NYSE:NUE) to determine whether it could have potential as an investment idea...

  • Nucor (NUE) to Add Coil Paint Line at Arkansas Sheet Mill
    Zacks

    Nucor (NUE) to Add Coil Paint Line at Arkansas Sheet Mill

    Nucor (NUE) expects the new coil paint line to diversify its product and market mix, and broaden its value-added product offerings.

  • PR Newswire

    Nucor Steel Arkansas to Add Coil Paint Line

    Nucor Corporation's (NYSE: NUE) Board of Directors has approved an expansion project which will add a coil paint line at the company's sheet mill in Mississippi County, Arkansas. The new coil paint line will have a capacity of 250,000 tons per year and is expected to start up in the first half of 2022.

  • Nucor Buys TrueCore Insulated Panel, Boosts Product Portfolio
    Zacks

    Nucor Buys TrueCore Insulated Panel, Boosts Product Portfolio

    Nucor (NUE) expects the acquisition to strengthen its value-added product portfolio.

  • A Tough Year for Steel Stocks: Will 2020 Bring Good Tidings?
    Zacks

    A Tough Year for Steel Stocks: Will 2020 Bring Good Tidings?

    A recovery in steel prices and easing U.S.-China trade tensions are likely provide a respite to American steel makers next year.

  • How Nucor's acquisition of a small, SC panel manufacturer fits into its growth strategy
    American City Business Journals

    How Nucor's acquisition of a small, SC panel manufacturer fits into its growth strategy

    Nucor has been on a growth spurt for the last few years, largely through plant expansions and new construction. Acquisitions have also been part of the plan, but those were mostly smaller and mainly strategic.

  • Nucor sets salary for new CEO Leon Topalian
    American City Business Journals

    Nucor sets salary for new CEO Leon Topalian

    Charlotte-based Nucor Corp. says it will pay incoming CEO Leon Topalian a base salary of $1 million, with a target for annual incentives of $1.5 million and long-term incentives of $2 million, once he takes the top position Jan. 1. The base salary is fixed, but the annual and long-term incentives are subject to multipliers based on the achievement of defined milestones. For instance, the CEO of Nucor can get a maximum annual incentive of four times his salary, which, under the right conditions, could increase Topalian's annual incentive plan payment to as much as $4 million.

  • Nucor Issues Q4 Guidance, Steel Mills to be Hurt by Low Prices
    Zacks

    Nucor Issues Q4 Guidance, Steel Mills to be Hurt by Low Prices

    Nucor (NUE) expects performance of the steel mills unit to decline sequentially in Q4 due to lower steel prices.

  • PR Newswire

    Nucor Announces the Election of Leon J. Topalian to the Nucor Board of Directors and of John H. Walker as Non-Executive Chairman

    Nucor Corporation (NYSE: NUE) announced today that its Board of Directors has elected Leon J. Topalian as a director and John H. Walker to serve as Non-Executive Chairman of the Board of Directors, both effective January 1, 2020. Mr. Topalian is the President and Chief Operating Officer of Nucor and will become the Chief Executive Officer of Nucor on January 1, 2020. Mr. Walker, who has more than 35 years of experience in metal-related manufacturing and fabricating industries, has served as a member of Nucor's Board of Directors since 2008 and as Lead Director of Nucor since 2017.