Nucor Corp (NUE)

NYSE
Currency in USD
124.53
+1.17(+0.95%)
Closed
After Hours
124.84+0.31(+0.25%)
NUE Scorecard
Full Analysis
Management has been aggressively buying back shares
Earnings results expected in 7 days
Fair Value
Day's Range
123.81126.14
52 wk Range
112.25203.00
Key Statistics
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Prev. Close
123.36
Open
124.27
Day's Range
123.81-126.14
52 wk Range
112.25-203
Volume
1.86M
Average Volume (3m)
2.26M
1-Year Change
-25.34%
Book Value / Share
86.26
Fair Value
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Fair Value Upside
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NUE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
155.71
Upside
+25.04%
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield
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Nucor Corp Company Profile

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.

Employees
32000

Nucor Corp SWOT Analysis


Steel Market Dynamics
Nucor navigates challenging steel market conditions, with declining prices and softening demand impacting financial performance across key segments
Strategic Expansion
Explore Nucor's ambitious growth plans, including multi-billion dollar investments in new facilities and strategic acquisitions to strengthen market position
Competitive Edge
Delve into Nucor's product diversification strategy, providing a defensive stance in volatile markets and potential for higher-margin revenue streams
Future Outlook
Analyst price targets range from $145 to $176, reflecting mixed views on Nucor's ability to overcome near-term headwinds and capitalize on long-term opportunities
Read full SWOT analysis

Nucor Corp Earnings Call Summary for Q3/2024

  • Nucor reported Q3 2024 EBITDA of $869M and adjusted EPS of $1.49, despite challenges; returned $2.3B to shareholders
  • Q4 earnings expected to decline due to lower pricing and reduced volumes; 2024 capex projected at $3.2B for growth projects
  • Company faces pressures from decreased steel demand and higher imports, but remains optimistic about specific market growth
  • Nucor advancing sustainability goals, investing in nuclear energy and carbon capture; sees increased demand for energy projects
  • Management estimates 10-year projected steel supply of 3-5M tons; potential U.S. carbon-based tariffs by 2025 could benefit domestic production
Last Updated: 2024/10/23, 00:04
Read Full Transcript

Compare NUE to Peers and Sector

Metrics to compare
NUE
Peers
Sector
Relationship
P/E Ratio
11.6x5.6x−0.1x
PEG Ratio
−0.250.040.00
Price/Book
1.4x0.8x1.6x
Price / LTM Sales
0.9x0.4x1.2x
Upside (Analyst Target)
26.9%87.9%31.2%
Fair Value Upside
Unlock14.1%2.8%Unlock

Analyst Ratings

8 Buy
7 Hold
0 Sell
Ratings:
15 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 155.71
(+25.04% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 10.41
Dividend Yield
1.77%
Industry Median 3.24%
Annualised payout
2.2000
Paid quarterly
5-Years Growth
+6.19%
Growth Streak

Earnings

Latest Release
Oct 21, 2024
EPS / Forecast
1.49 / 1.52
Revenue / Forecast
7.44B / 7.29B
EPS Revisions
Last 90 days

FAQ

What Is the Nucor (NUE) Stock Price Today?

The Nucor stock price today is 124.53

What Stock Exchange Does Nucor Trade On?

Nucor is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Nucor?

The stock symbol for Nucor is "NUE."

Does Nucor Pay Dividends? What’s The Current Dividend Yield?

The Nucor dividend yield is 1.77%.

What Is the Nucor Market Cap?

As of today, Nucor market cap is 29.24B.

What is Nucor Earnings Per Share?

The Nucor EPS is 10.41.

What Is the Next Nucor Earnings Date?

Nucor will release its next earnings report on 26 Jan 2025.

From a Technical Analysis Perspective, Is NUE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
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