|Bid||54.61 x 800|
|Ask||54.64 x 900|
|Day's Range||54.41 - 54.93|
|52 Week Range||46.10 - 63.81|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||9.30|
|Earnings Date||Jan 27, 2020 - Jan 31, 2020|
|Forward Dividend & Yield||1.60 (2.93%)|
|1y Target Est||56.42|
Moody's Investors Service today affirmed the senior secured rating of Ba1 on $83.3 million of County of Ohio, Kentucky (the county) Pollution Control Refunding Revenue Bonds (Big Rivers Electric Corporation Project; cusip number 677288AG7) and concurrently revised the rating outlook to positive from stable. "The rating action for the bonds previously issued by the county on behalf of Big Rivers Electric Corporation (BREC) primarily reflect the increased likelihood that the recently signed long-term contract for future sales of up to 200 megawatts (MW) to Nucor Corporation (Baa1 stable) by 2022 will, subject to requisite approvals by the Kentucky Public Service Commission (KPSC) and the US Department of Agriculture's Rural Utilities Service (RUS), further advance BREC's strategies to realign its capacity supply and load profile in a credit positive and more sustainable way", said Kevin Rose, Vice President-Senior Analyst.
The materials sector includes companies that manufacture 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, metals, and more. Some prominent names in the materials sector include fertilizer producer Mosaic Company (MOS) and paper product maker Mercer International Inc. (MERC).
CLF and U.S. Steel Corporation are looking at electric arc furnaces, whose variable cost dynamics make them suitable for the cyclical steel industry.
United States Steel reported third-quarter numbers after the close of trading on Thursday. They beat Wall Street expectations, sort of.
AK Steel (AKS) stock was trading deep in the red in after-market trade on Wednesday. Based on the YTD price action, the stock is outperforming its peers.
It has been a brutal year for U.S. Steel investors. The company has been whipsawed by tariffs, raw material costs and falling demand.
Moody's Investors Service ("Moody's") has affirmed Nucor Corporation's (Nucor) Baa1 senior unsecured ratings including the backed industrial revenue bond ratings, the (P)Baa1 senior unsecured shelf rating, the Prime -2 short-term rating and the VMIG 2 short-term rating on certain industrial revenue bonds as indicated in the debt list below. "The affirmation reflects Nucor's continued strong debt protection metrics and liquidity position despite the reduction in shipments and contraction in earnings evidenced over the course of 2019" said Carol Cowan, Senior Vice President and lead analyst for Nucor.
Things could turn around for the US steel sector, with mills pushing for price hikes. Earnings results this week could also surprise positively.
We'd be surprised if Nucor Corporation (NYSE:NUE) shareholders haven't noticed that the Executive Vice President of...
Analysts weren't impressed with Cleveland-Cliffs' third-quarter earnings. On Thursday, J.P. Morgan lowered its target price from $8 to $7.
CEO John Ferriola reported Nucor earned $275 million, or 90 cents per diluted share, on sales totaling $5.46 billion in the third quarter.
CHARLOTTE, N.C. , Oct. 22, 2019 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings of $275.0 million , or $0.90 per diluted share, for the third quarter of 2019. By ...
Nucor Corp. is expected to report adjusted net income of $284.5 million, or 81 cents a share, on sales of $5.6 billion before the market opens on Tuesday, based on a FactSet survey of 13 analysts. Quarterly estimates have fallen 12.3 cents a share in the past month. Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you.
CHARLOTTE, N.C. , Sept. 30, 2019 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) third quarter earnings release, you are invited to listen to its live conference call with host John Ferriola , ...
Johnson & Johnson, Nucor, Illinois Tool Works, Pentair, and W.W. Grainger have kept their dividends intact and growing for years, making them solid investment considerations for a low-rate world
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
Now weak pricing for the metal and lackluster profits for the companies are shaking up management teams. Both (X) (ticker: X) and (TMST) (TMST) announced big management changes Wednesday. At (X)—one of the relatively few, older companies with a single-letter stock ticker—there is a new chief financial officer, not to mention new heads for strategy and manufacturing and a chief commercial officer, for sales.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...