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Nucor (NUE) Stock Price, News & Analysis

Nucor logo
$135.18 -4.77 (-3.40%)
Closing price 02/21/2025 03:59 PM Eastern
Extended Trading
$135.28 +0.09 (+0.07%)
As of 02/21/2025 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Nucor Stock (NYSE:NUE)

Key Stats

Today's Range
$134.92
$141.39
50-Day Range
$114.48
$142.47
52-Week Range
$112.25
$203.00
Volume
2.28 million shs
Average Volume
2.87 million shs
Market Capitalization
$31.74 billion
P/E Ratio
16.07
Dividend Yield
1.63%
Price Target
$163.13
Consensus Rating
Moderate Buy

Company Overview

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.

Nucor Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
99th Percentile Overall Score

NUE MarketRank™: 

Nucor scored higher than 99% of companies evaluated by MarketBeat, and ranked 2nd out of 188 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Nucor has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Nucor has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Nucor's stock forecast and price target.
  • Earnings Growth

    Earnings for Nucor are expected to grow by 43.85% in the coming year, from $7.64 to $10.99 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Nucor is 16.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.57.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Nucor is 16.07, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 104.06.

  • Price to Earnings Growth Ratio

    Nucor has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    Nucor has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Nucor's valuation and earnings.
  • Percentage of Shares Shorted

    1.91% of the float of Nucor has been sold short.
  • Short Interest Ratio / Days to Cover

    Nucor has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Nucor has recently decreased by 16.54%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Nucor pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Nucor has been increasing its dividend for 52 years.

  • Dividend Coverage

    The dividend payout ratio of Nucor is 26.16%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Nucor will have a dividend payout ratio of 20.02% next year. This indicates that Nucor will be able to sustain or increase its dividend.

  • Read more about Nucor's dividend.
  • Percentage of Shares Shorted

    1.91% of the float of Nucor has been sold short.
  • Short Interest Ratio / Days to Cover

    Nucor has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Nucor has recently decreased by 16.54%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Nucor has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 24 news articles for Nucor this week, compared to 13 articles on an average week.
  • Search Interest

    Only 48 people have searched for NUE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    46 people have added Nucor to their MarketBeat watchlist in the last 30 days. This is an increase of 39% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Nucor insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.46% of the stock of Nucor is held by insiders.

  • Percentage Held by Institutions

    76.48% of the stock of Nucor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Nucor's insider trading history.
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NUE Stock News Headlines

USA News Concept: Letter Tiles Trade War On US Flag, 3d illustration - stock image
6 Stocks Poised to Benefit From a Trade War in Unexpected Ways (NUE)
A trade war seems bad for everyone but some stocks can actually benefit from tariff tit-for-tats leading to a trade war and pockets of demand arise.
Money steel trap
Will the Tariff Bump Lead to a Steel Trap? (NUE)
The steel tariff stock rally is enticing right now, but long-term economic costs could quickly turn it into a steel trap.
Buy this AI Stock Before Elon’s Announcement
With Trump back in office, xAI is primed to become the leader in generative AI, leaving competitors in the dust. This isn't just a prediction; it's a calculated shift backed by political support, policy changes, and Musk's proven track record. I've identified a company that is quietly enabling xAI's rapid growth.
steel Laborer arc welding — Photo
3 Steel Stocks to Gain Strength as Tariffs Reshape the Market (NUE)
During volatile times due to tariffs being implemented, steelmaking stocks are setting themselves up to deliver double-digit upside to investors soon.
Puzzles on a blue background with the inscription Exchange Traded Funds. High quality photo — Photo
3 Must-Have ETFs Set to Dominate This Quarter (NUE)
There are three areas in the market that could clearly command a rotation in the coming quarter, backed by economic tailwinds and themes.
Nucor announces EVP Murphy to retire, Pickett, Wilner to be promoted
See More Headlines

NUE Stock Analysis - Frequently Asked Questions

Nucor's stock was trading at $116.71 on January 1st, 2025. Since then, NUE shares have increased by 15.8% and is now trading at $135.1850.
View the best growth stocks for 2025 here
.

Nucor Co. (NYSE:NUE) posted its earnings results on Monday, January, 27th. The basic materials company reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $0.94 by $0.28. Nucor had a net margin of 6.60% and a trailing twelve-month return on equity of 9.85%.
Read the conference call transcript
.

Nucor's Board of Directors authorized a share repurchase plan on Thursday, May 11th 2023, which permits the company to repurchase $4,000,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 11.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

Nucor subsidiaries include Corporacion POK SA de CV, St. Louis Cold Drawn Inc, Vulcraft-Omega, Republic Conduit, Southland Tube Inc, Independence Tube Corporation, Joy Global - Steel Plate mill, and others.

Nucor's top institutional shareholders include Vanguard Group Inc. (12.02%), State Farm Mutual Automobile Insurance Co. (10.43%), Geode Capital Management LLC (2.54%) and Dimensional Fund Advisors LP (1.51%). Insiders that own company stock include David A Sumoski, Leon J Topalian, Douglas J Jellison, Daniel R Needham, Kenneth Rex Query, Allen C Behr, Stephen D Laxton, Gregory J Murphy, John J Hollatz, Michael D Keller and Maryemily Slate.
View institutional ownership trends
.

Shares of NUE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Nucor investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Tesla (TSLA) and Broadcom (AVGO).

Company Calendar

Ex-Dividend for 2/11 Dividend
12/31/2024
Last Earnings
1/27/2025
Dividend Payable
2/11/2025
Today
2/21/2025
Next Earnings (Estimated)
4/28/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
Steel
CUSIP
67034610
Employees
32,000
Year Founded
1958

Price Target and Rating

Average Stock Price Target
$163.13
High Stock Price Target
$200.00
Low Stock Price Target
$135.00
Potential Upside/Downside
+20.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$2.03 billion
Pretax Margin
9.44%

Debt

Sales & Book Value

Annual Sales
$30.73 billion
Cash Flow
$14.37 per share
Book Value
$91.21 per share

Miscellaneous

Free Float
233,733,000
Market Cap
$31.74 billion
Optionable
Optionable
Beta
1.60

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This page (NYSE:NUE) was last updated on 2/22/2025 by MarketBeat.com Staff
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