|Bid||57.15 x 1300|
|Ask||61.07 x 1300|
|Day's Range||57.85 - 62.80|
|52 Week Range||24.00 - 66.88|
|Beta (5Y Monthly)||1.48|
|PE Ratio (TTM)||15.81|
|Earnings Date||Jul 19, 2021 - Jul 23, 2021|
|Forward Dividend & Yield||1.04 (1.60%)|
|Ex-Dividend Date||Jun 29, 2021|
|1y Target Est||68.00|
Nucor (NUE) expects second-quarter earnings between $4.60 and $4.70 per share.
The steel industry is firing on all cylinders thanks to soaring steel prices and the demand upsurge across major end-markets. NUE, X, STLD, MT and TX are good options for investment right now.
COVID is receding and the economy is rebounding. Talk about it, and most analysts will focus on consumer spending, government stimulus, and the rise and fall of jobs numbers. These are important metrics, and they merit their headlines, but they don’t necessarily give a full picture. While the US economy is consumer based – and consumer spending makes up almost three-fourths of the GDP – we cannot discount heavy industry. The steel sector may be old technology, but it’s still a foundational secto