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Nucor (NUE) Competitors

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$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
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NUE vs. STLD, RS, CRS, ATI, X, CMC, CLF, WOR, ZEUS, and RDUS

Should you be buying Nucor stock or one of its competitors? The main competitors of Nucor include Steel Dynamics (STLD), Reliance (RS), Carpenter Technology (CRS), ATI (ATI), United States Steel (X), Commercial Metals (CMC), Cleveland-Cliffs (CLF), Worthington Enterprises (WOR), Olympic Steel (ZEUS), and Radius Recycling (RDUS). These companies are all part of the "steel" industry.

Nucor vs.

Nucor (NYSE:NUE) and Steel Dynamics (NASDAQ:STLD) are both large-cap basic materials companies, but which is the better business? We will compare the two companies based on the strength of their profitability, risk, community ranking, institutional ownership, media sentiment, earnings, valuation, dividends and analyst recommendations.

Nucor currently has a consensus target price of $163.13, suggesting a potential upside of 20.67%. Steel Dynamics has a consensus target price of $146.22, suggesting a potential upside of 11.87%. Given Nucor's stronger consensus rating and higher probable upside, analysts plainly believe Nucor is more favorable than Steel Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nucor
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.78
Steel Dynamics
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

76.5% of Nucor shares are held by institutional investors. Comparatively, 82.4% of Steel Dynamics shares are held by institutional investors. 0.5% of Nucor shares are held by insiders. Comparatively, 6.0% of Steel Dynamics shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Nucor pays an annual dividend of $2.20 per share and has a dividend yield of 1.6%. Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.4%. Nucor pays out 26.2% of its earnings in the form of a dividend. Steel Dynamics pays out 18.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Nucor has increased its dividend for 52 consecutive years and Steel Dynamics has increased its dividend for 12 consecutive years. Nucor is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Steel Dynamics has a net margin of 8.76% compared to Nucor's net margin of 6.60%. Steel Dynamics' return on equity of 17.32% beat Nucor's return on equity.

Company Net Margins Return on Equity Return on Assets
Nucor6.60% 9.85% 6.25%
Steel Dynamics 8.76%17.32%10.13%

Steel Dynamics received 150 more outperform votes than Nucor when rated by MarketBeat users. Likewise, 67.44% of users gave Steel Dynamics an outperform vote while only 64.28% of users gave Nucor an outperform vote.

CompanyUnderperformOutperform
NucorOutperform Votes
691
64.28%
Underperform Votes
384
35.72%
Steel DynamicsOutperform Votes
841
67.44%
Underperform Votes
406
32.56%

Nucor has a beta of 1.6, indicating that its stock price is 60% more volatile than the S&P 500. Comparatively, Steel Dynamics has a beta of 1.35, indicating that its stock price is 35% more volatile than the S&P 500.

In the previous week, Nucor had 8 more articles in the media than Steel Dynamics. MarketBeat recorded 28 mentions for Nucor and 20 mentions for Steel Dynamics. Nucor's average media sentiment score of 1.19 beat Steel Dynamics' score of 1.08 indicating that Nucor is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nucor
19 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Steel Dynamics
16 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Nucor has higher revenue and earnings than Steel Dynamics. Steel Dynamics is trading at a lower price-to-earnings ratio than Nucor, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nucor$30.73B1.03$2.03B$8.4116.07
Steel Dynamics$17.54B1.13$1.54B$9.8013.34

Summary

Nucor beats Steel Dynamics on 11 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NUE vs. The Competition

MetricNucorBlast furnaces & steel mills IndustryMaterials SectorNYSE Exchange
Market Cap$32.86B$11.83B$3.15B$20.27B
Dividend Yield1.57%2.99%5.14%3.64%
P/E Ratio16.0714.7094.5829.78
Price / Sales1.030.7925,929,608,977,446,200.0015.49
Price / Cash9.436.6524.4020.54
Price / Book1.481.244.934.90
Net Income$2.03B$1.26B$152.67M$1.02B
7 Day Performance-1.86%-1.40%-0.85%-1.05%
1 Month Performance10.85%3.31%2.17%-1.09%
1 Year Performance-27.57%-1.42%33.11%13.70%

Nucor Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NUE
Nucor
4.9645 of 5 stars
$135.19
-3.4%
$163.13
+20.7%
-26.7%$32.86B$30.73B16.0732,000Dividend Announcement
Positive News
STLD
Steel Dynamics
4.9811 of 5 stars
$135.83
+2.2%
$146.22
+7.7%
+7.1%$20.68B$17.54B13.8612,600Positive News
RS
Reliance
3.6035 of 5 stars
$297.98
+2.3%
$328.17
+10.1%
-4.8%$16.13B$14.81B16.3615,000Earnings Report
Dividend Increase
CRS
Carpenter Technology
3.6206 of 5 stars
$188.92
+3.1%
$155.50
-17.7%
+201.9%$9.44B$2.76B35.654,600Analyst Forecast
Analyst Revision
News Coverage
ATI
ATI
4.6895 of 5 stars
$60.88
-0.6%
$75.00
+23.2%
+26.4%$8.68B$4.36B23.877,300
X
United States Steel
4.2846 of 5 stars
$38.42
-1.0%
$39.82
+3.6%
-20.0%$8.65B$15.64B25.7921,803
CMC
Commercial Metals
4.9316 of 5 stars
$52.40
+1.8%
$62.33
+19.0%
-7.2%$5.95B$7.93B47.2013,178News Coverage
Positive News
Gap Up
CLF
Cleveland-Cliffs
3.245 of 5 stars
$11.49
+0.9%
$16.68
+45.2%
-42.0%$5.67B$22.00B-11.8426,000Upcoming Earnings
WOR
Worthington Enterprises
3.5305 of 5 stars
$43.78
+1.2%
$46.00
+5.1%
-31.9%$2.19B$1.25B52.753,800Positive News
ZEUS
Olympic Steel
3.7391 of 5 stars
$35.35
+1.1%
$42.00
+18.8%
-45.6%$393.45M$2.16B15.502,168Earnings Report
Dividend Increase
Analyst Upgrade
News Coverage
RDUS
Radius Recycling
4.0633 of 5 stars
$12.65
+1.9%
$22.00
+73.9%
-44.6%$356.22M$2.74B-1.263,011Positive News
Gap Up

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