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Nucor (NUE)
:NUE
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NUE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$112.25 - $203.00
Previous CloseN/A
Volume453.70K
Average Volume (3M)2.41M
Market Cap
$28.97B
Enterprise Value$38.71B
Total Cash (Recent Filing)$2.20B
Total Debt (Recent Filing)$3.74B
Price to Earnings (P/E)11.9
Beta1.23
Next Earnings
Jan 27, 2025EPS Estimate
0.67Last Dividend Ex-Date
Dec 31, 2024Dividend Yield1.76%
Share Statistics
EPS (TTM)10.35
Shares Outstanding234,812,910
10 Day Avg. Volume2,341,926
30 Day Avg. Volume2,405,706
Standard Deviation0.14
R-Squared0.38
Alpha0.00437
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.92
Price to Cash Flow (P/CF)5.60
P/FCF Ratio13.90
Enterprise Value/Market Cap1.34
Enterprise Value/Revenue1.23
Enterprise Value/Gross Profit4.95
Enterprise Value/Ebitda10.84
Forecast
1Y Price Target
$157.90Price Target Upside26.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Nucor News
Bulls Say, Bears Say
Bulls Say
Earnings GrowthNucor is forecasted to generate robust cash and solid EBITDA and EPS growth in the coming years.
Shareholder ReturnsQuarter-to-date capital returns to shareholders remained strong, with NUE returning $441 million through buybacks and the dividend, more than 3.1 times of net income.
Valuation ConfidenceThe target multiple for the mid-'25 price target is above Nucor's historical average, reflecting confidence in earnings growth for 2025 and 2026.
Bears Say
Earnings GuidanceNucor guided to Q4’24 adjusted EPS of $0.55 - $0.65, below Bloomberg consensus of $0.93 and Visible Alpha consensus of $0.89.
Financial PerformanceManagement expects 4Q24 earnings from their steel mills to decrease due to lower average selling price and volumes.
Free Cash FlowElevated capital expenditures are expected to weigh on free cash flow in 2025 and 2026.
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Ownership Overview
0.64% Insiders
19.59% Mutual Funds
0.46% Other Institutional Investors
52.85% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NUE FAQ
What was Nucor’s price range in the past 12 months?
Nucor lowest stock price was $112.25 and its highest was $203.00 in the past 12 months.
What is Nucor’s market cap?
Nucor’s market cap is $28.97B.
When is Nucor’s upcoming earnings report date?
Nucor’s upcoming earnings report date is Jan 27, 2025 which is in 7 days.
How were Nucor’s earnings last quarter?
Nucor released its earnings results on Oct 21, 2024. The company reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.505 by -$0.015.
Is Nucor overvalued?
According to Wall Street analysts Nucor’s price is currently Undervalued.
Does Nucor pay dividends?
Nucor pays a Quarterly dividend of $2.17 which represents an annual dividend yield of 1.76%. See more information on Nucor dividends here
What is Nucor’s EPS estimate?
Nucor’s EPS estimate is 0.67.
How many shares outstanding does Nucor have?
Nucor has 234,812,910 shares outstanding.
What happened to Nucor’s price movement after its last earnings report?
Nucor reported an EPS of $1.49 in its last earnings report, missing expectations of $1.505. Following the earnings report the stock price went down -6.462%.
Which hedge fund is a major shareholder of Nucor?
Among the largest hedge funds holding Nucor’s share is Fisher Asset Management LLC. It holds Nucor’s shares valued at 32M.
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Nucor Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$157.90 (26.80% Upside)
$157.90 (26.80% Upside)
Blogger Sentiment
Bullish
NUE Sentiment 70%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 60.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 3.6%
Last 30 Days ▲ 3.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-25.24%
12-Months-Change
Fundamentals
Return on Equity
12.29%
Trailing 12-Months
Asset Growth
0.23%
Trailing 12-Months
Company Description
Nucor
Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment comprises carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments. The Steel Products segment includes steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating, tubular products businesses, piling products business, and wire and wire mesh. The Raw Materials segment consists direct reduced iron, and ferrous and nonferrous metals. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC.
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NUE Company Deck
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NUE Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted Nucor's strong cash position, safety achievements, and resilience in its diversified product segment. However, significant challenges were noted, including decreased steel demand, margin pressures, and expected lower earnings in the fourth quarter. The sentiment is tempered by ongoing market uncertainties and pressures from imports.Read More>---
NUE Revenue Breakdown
57.88% Steel mills
36.75% Steel products
5.36% Raw materials
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NUE Stock 12 Month Forecast
Average Price Target
$157.90
▲(26.80% Upside)
Technical Analysis
Steel Dynamics
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United States Steel
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Commercial Metals Company
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Reliance Steel
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Cleveland-Cliffs
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Olympic Steel
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Best Analysts Covering NUE
1 Year
1 Year Success Rate
6/13 ratings generated profit
1 Year Average Return
+11.62%
reiterated a buy rating last month
Copying Alexander Hacking's trades and holding each position for 1 Year would result in 46.15% of your transactions generating a profit, with an average return of +11.62% per trade.
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