Nucor Corporation
(NUE)
173.92 USD +1.15
Closed: 03 May, 3:55 pm
Symbol NUE
Market Cap 41.8B
Price 173.92
Open 171.67
52-wk High 203.00
50 Day Avg 189.25
Earnings Announcement 2024-07-22
Website https://www.nucor.com
Name Nucor Corporation
Shares Outstanding 240,745,000
Change % 1.9939%
Low 171.10
52-wk Low 129.79
200 Day Avg 171.31
Last Dividend 2.16
Exchange NYSE
Volume 1,041,592
Previous Close 170.52
High 174.63
EPS 17.02
PE 10.22
Avg Volume 1,333,235
CUSIP 670346105
Nucor Corporation Outlook
Description Nucor Corporation manufactures and sells steel and steel products. The company's 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 products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also 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. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. 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 serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.
Currency USD
ISIN US6703461052
Industry Steel
Changes 3.40
CUSIP 670346105
Range 129.79 - 203.00
Beta 1.63
CIK 0000073309

Nucor Corporation News

02-May-2024 10:05 AM

Here is What to Know Beyond Why Nucor Corporation (NUE) is a Trending Stock

Zacks.com users have recently been watching Nucor (NUE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

25-Apr-2024 7:25 AM

Nucor Stock Earnings Riding the Steel Industry Wave

After outperforming the Industrial Select Sector SPDR Fund NYSEARCA: XLI by more than 15% over the past five months, shares of Nucor Co. NYSE: NUE have now fallen behind the sector after reporting its first quarter 2024 earnings, arguably the most important earnings for the year as they set the tone for the stock.

23-Apr-2024 8:15 PM

Nucor CEO Leon Topalian sits down with Jim Cramer

Nucor Chair, President and CEO Leon Topalian joins 'Mad Money' host Jim Cramer to talk quarterly results, growth over the past years, what's ahead and more.

23-Apr-2024 8:08 PM

Our products group has made Nucor an incredible amount of money, says CEO Leon Topalian

Nucor Chair, President and CEO Leon Topalian joins 'Mad Money' host Jim Cramer to talk quarterly results, growth over the past years, what's ahead and more.

23-Apr-2024 10:52 AM

Nucor, Cleveland-Cliffs Earnings Bloopers Weigh Down Steel Stocks

Steel producers Nucor and Cleveland-Cliffs both missed Wall Street's first quarter estimates. The shares are down for different reasons, however.

23-Apr-2024 9:56 AM

Nucor's (NUE) Earnings Lag, Revenues Beat Estimates in Q1

Earnings in Nucor's (NUE) steel mills unit increase sequentially in Q1 on higher average selling prices and increased volumes.

23-Apr-2024 6:52 AM

Nucor Stock Drops as Lower Selling Prices Weigh on Steelmaker's Results and Outlook

Shares in Nucor (NUE) slumped more than 6% ahead of the opening bell Tuesday after the steel producer missed Wall Street's quarterly estimates and issued a weaker-than-expected current-quarter outlook amid lower selling prices.

22-Apr-2024 7:31 PM

Nucor (NUE) Reports Q1 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Nucor (NUE) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

22-Apr-2024 6:41 PM

Nucor (NUE) Misses Q1 Earnings Estimates

Nucor (NUE) came out with quarterly earnings of $3.46 per share, missing the Zacks Consensus Estimate of $3.62 per share. This compares to earnings of $4.45 per share a year ago.

17-Apr-2024 10:21 AM

Countdown to Nucor (NUE) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

Beyond analysts' top -and-bottom-line estimates for Nucor (NUE), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

16-Apr-2024 7:20 PM

Nucor (NUE) Stock Drops Despite Market Gains: Important Facts to Note

The latest trading day saw Nucor (NUE) settling at $192.11, representing a -0.98% change from its previous close.