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Nucor (NUE) Competitors

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$116.58 +0.80 (+0.69%)
(As of 12/20/2024 05:45 PM ET)

NUE vs. STLD, RS, CRS, ATI, X, CMC, CLF, WOR, HAYN, 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), Haynes International (HAYN), 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 superior business? We will compare the two businesses based on the strength of their earnings, dividends, risk, institutional ownership, profitability, community ranking, analyst recommendations, valuation and media sentiment.

Steel Dynamics received 150 more outperform votes than Nucor when rated by MarketBeat users. Likewise, 67.69% of users gave Steel Dynamics an outperform vote while only 64.42% of users gave Nucor an outperform vote.

CompanyUnderperformOutperform
NucorOutperform Votes
688
64.42%
Underperform Votes
380
35.58%
Steel DynamicsOutperform Votes
838
67.69%
Underperform Votes
400
32.31%

In the previous week, Nucor had 4 more articles in the media than Steel Dynamics. MarketBeat recorded 36 mentions for Nucor and 32 mentions for Steel Dynamics. Steel Dynamics' average media sentiment score of 0.62 beat Nucor's score of 0.03 indicating that Steel Dynamics is being referred to more favorably in the news media.

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

Nucor pays an annual dividend of $2.20 per share and has a dividend yield of 1.9%. Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.6%. Nucor pays out 21.3% of its earnings in the form of a dividend. Steel Dynamics pays out 16.7% 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 raised its dividend for 51 consecutive years and Steel Dynamics has raised its dividend for 12 consecutive years. Nucor is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Nucor presently has a consensus price target of $173.75, suggesting a potential upside of 49.04%. Steel Dynamics has a consensus price target of $144.25, suggesting a potential upside of 24.69%. Given Nucor's stronger consensus rating and higher probable upside, equities analysts clearly 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)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Nucor has a beta of 1.55, meaning that its share price is 55% more volatile than the S&P 500. Comparatively, Steel Dynamics has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500.

76.5% of Nucor shares are owned by institutional investors. Comparatively, 82.4% of Steel Dynamics shares are owned by institutional investors. 0.5% of Nucor shares are owned by insiders. Comparatively, 6.0% of Steel Dynamics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Steel Dynamics has a net margin of 9.80% compared to Nucor's net margin of 8.05%. Steel Dynamics' return on equity of 19.82% beat Nucor's return on equity.

Company Net Margins Return on Equity Return on Assets
Nucor8.05% 12.06% 7.63%
Steel Dynamics 9.80%19.82%11.57%

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$31.36B0.87$4.52B$10.3511.26
Steel Dynamics$17.90B0.98$2.45B$11.0510.47

Summary

Nucor and Steel Dynamics tied by winning 11 of the 22 factors compared between the two stocks.

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$27.37B$10.84B$2.81B$19.18B
Dividend Yield1.74%2.97%5.22%3.59%
P/E Ratio11.2616.19111.9841.28
Price / Sales0.870.72782,614.3317.59
Price / Cash5.415.7524.1421.28
Price / Book1.301.073.395.32
Net Income$4.52B$1.44B$152.93M$989.88M
7 Day Performance-6.92%-6.41%-2.90%-3.56%
1 Month Performance-22.27%-10.64%1.39%-3.70%
1 Year Performance-33.99%-7.91%17.75%12.12%

Nucor Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NUE
Nucor
4.9624 of 5 stars
$116.58
+0.7%
$173.75
+49.0%
-33.6%$27.37B$31.36B11.2632,000Analyst Forecast
Analyst Revision
High Trading Volume
STLD
Steel Dynamics
4.8764 of 5 stars
$121.75
-0.5%
$146.13
+20.0%
-3.8%$18.54B$18.80B11.0712,600Analyst Forecast
Analyst Revision
RS
Reliance
3.7894 of 5 stars
$288.99
-1.1%
$328.83
+13.8%
-1.8%$15.64B$14.05B15.8715,000
CRS
Carpenter Technology
3.8531 of 5 stars
$175.27
+0.7%
$153.00
-12.7%
+146.9%$8.74B$2.76B38.774,600Positive News
Gap Down
ATI
ATI
4.4268 of 5 stars
$56.59
+0.2%
$73.71
+30.3%
+22.2%$8.07B$4.17B21.737,300
X
United States Steel
4.4703 of 5 stars
$32.93
-1.0%
$42.80
+30.0%
-37.1%$7.41B$16.28B21.8821,803Analyst Forecast
News Coverage
Gap Down
CMC
Commercial Metals
4.9426 of 5 stars
$56.34
-1.5%
$65.40
+16.1%
+3.3%$6.42B$7.93B13.8213,178Analyst Forecast
Analyst Revision
CLF
Cleveland-Cliffs
2.4095 of 5 stars
$10.00
-2.1%
$17.39
+73.9%
-54.9%$4.94B$19.97B-10.2826,000Analyst Forecast
Options Volume
Analyst Revision
News Coverage
WOR
Worthington Enterprises
3.0589 of 5 stars
$38.57
-1.7%
$45.00
+16.7%
-28.6%$1.94B$1.19B50.743,800Earnings Report
Dividend Announcement
Analyst Forecast
News Coverage
HAYN
Haynes International
2.848 of 5 stars
$60.99
+0.0%
N/A+12.4%$779.45M$589.96M20.961,284Analyst Forecast
High Trading Volume
RDUS
Radius Recycling
4.3129 of 5 stars
$17.24
-1.4%
$22.00
+27.6%
-49.1%$483.39M$223.36M-1.873,011Positive News

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This page (NYSE:NUE) was last updated on 12/21/2024 by MarketBeat.com Staff
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