Nucor Corporation (NUE)
- Previous Close
190.77 - Open
191.10 - Bid --
- Ask --
- Day's Range
190.19 - 191.79 - 52 Week Range
129.79 - 203.00 - Volume
246,354 - Avg. Volume
1,353,309 - Market Cap (intraday)
45.831B - Beta (5Y Monthly) 1.63
- PE Ratio (TTM)
10.60 - EPS (TTM)
18.01 - Earnings Date Apr 22, 2024
- Forward Dividend & Yield 2.16 (1.13%)
- Ex-Dividend Date Mar 27, 2024
- 1y Target Est
190.06
Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. The Steel Products segment offers steel joists and joist girders, steel decks, and galvanized torque tubes for used in solar arrays, hollow structural section steel tubing, electrical conduit, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded metal, wire and wire mesh, metal building systems, insulated metal panels, steel racking, overhead doors, and utility towers and structures for communications and energy transmission. This segment is also involved in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; processes ferrous and nonferrous scrap metal; and engages in the natural gas production and industrial gas business. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It markets its products through in-house sales force; and internal distribution and trading companies. Nucor Corporation was founded in 1905 and is headquartered in Charlotte, North Carolina.
www.nucor.comRecent News: NUE
Performance Overview: NUE
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: NUE
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Statistics: NUE
Valuation Measures
Market Cap
45.78B
Enterprise Value
45.49B
Trailing P/E
10.60
Forward P/E
14.35
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
1.38
Price/Book (mrq)
2.19
Enterprise Value/Revenue
1.31
Enterprise Value/EBITDA
5.92
Financial Highlights
Profitability and Income Statement
Profit Margin
13.03%
Return on Assets (ttm)
11.48%
Return on Equity (ttm)
23.57%
Revenue (ttm)
34.71B
Net Income Avi to Common (ttm)
4.51B
Diluted EPS (ttm)
18.01
Balance Sheet and Cash Flow
Total Cash (mrq)
7.13B
Total Debt/Equity (mrq)
31.41%
Levered Free Cash Flow (ttm)
3.55B
Research Analysis: NUE
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: NUE
Technical Assessment: Neutral in the Intermediate-Term
The consistent trend of higher yields across the entire curve starting on April 1 (with the S&P 500 closing high on March 28) has kept pressure on the stock market. On Tuesday, the two-year, five-year, and 10-year Treasury yields all hit recovery highs off their lows since late 2023/early 2024 and are not far from major highs hit in October 2023.
Technical Assessment: Neutral in the Intermediate-Term
Market trends often persist longer than most expect. That is why it can be a good idea for an investor to allocate capital toward the highest relative-strength opportunities. Over the long-term, this has made it very difficult to be a value investor. Back in the late 1970s, there were very few momentum investors, very few market technicians, and a whole lot of people in the financial world searching for value. Socks trading below book value, stocks trading for less than the cash on their balance sheet, and stocks trading for single-digit price/earnings ratios. It was a very different investment world.
Daily – Vickers Top Buyers & Sellers for 03/26/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Technical Assessment: Neutral in the Intermediate-Term
Well, that's out of the way for another three months. Nvidia reported much better-than-expected results after the close yesterday, and the stock is up 14% in pre-market action. What a surprise! Can the mega-caps continue to pull the stock market higher, even with stocks already so extended (in particular, the AI names)?