Nucor (NUE) Stock Price, News & Analysis

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NUE shares.
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6 equities research analysts have issued 1-year target prices for Nucor's shares. Their NUE share price targets range from $154.00 to $240.00. On average, they expect the company's stock price to reach $192.83 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price.
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Nucor's stock was trading at $174.04 at the beginning of the year. Since then, NUE shares have increased by 9.6% and is now trading at $190.74.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
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Nucor will be holding an earnings conference call on Tuesday, April 23rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Nucor Co. (NYSE:NUE) posted its quarterly earnings data on Monday, January, 29th. The basic materials company reported $3.16 earnings per share for the quarter, beating analysts' consensus estimates of $2.83 by $0.33. The basic materials company earned $7.70 billion during the quarter, compared to analysts' expectations of $7.64 billion. Nucor had a trailing twelve-month return on equity of 21.42% and a net margin of 13.03%. The firm's revenue for the quarter was down 11.7% compared to the same quarter last year. During the same period last year, the firm posted $4.89 earnings per share.
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Nucor announced a quarterly dividend on Tuesday, February 20th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.54 per share on Friday, May 10th. This represents a $2.16 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for NUE.

Nucor (NYSE:NUE) pays an annual dividend of $2.16 per share and currently has a dividend yield of 1.11%. The company has been increasing its dividend for 51 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 12.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NUE will have a dividend payout ratio of 16.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NUE.

ETFs with the largest weight of Nucor (NYSE:NUE) stock in their portfolio include VanEck Steel ETF (SLX), iShares U.S. Basic Materials ETF (IYM), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO), iMGP Berkshire Dividend Growth ETF (BDVG), Materials Select Sector SPDR Fund (XLB), First Trust Materials AlphaDEX Fund (FXZ), SPDR S&P Metals & Mining ETF (XME) and Pacer US Cash Cows Growth ETF (BUL).

Nucor announced that its board has approved a share repurchase program on Thursday, May 11th 2023, which allows the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 11.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

Nucor updated its first quarter 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of 3.550-3.650 for the period, compared to the consensus EPS estimate of 3.760. The company issued revenue guidance of -.

103 employees have rated Nucor Chief Executive Officer John J. Ferriola on Glassdoor.com. John J. Ferriola has an approval rating of 91% among the company's employees. This puts John J. Ferriola in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Nucor investors own include AT&T (T), AbbVie (ABBV), NVIDIA (NVDA), Cisco Systems (CSCO), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Intel (INTC), Home Depot (HD), JPMorgan Chase & Co. (JPM) and Walt Disney (DIS).

Nucor's stock is owned by many different institutional and retail investors. Top institutional investors include Global Assets Advisory LLC (0.19%), Portman Square Capital LLP (0.00%), Wealth Enhancement Advisory Services LLC (0.04%), Meyer Handelman Co. (0.03%), Douglas Lane & Associates LLC (0.03%) and Los Angeles Capital Management LLC (0.02%). Insiders that own company stock include Allen C Behr, Allen C Behr, D Chad Utermark, Daniel R Needham, David A Sumoski, Douglas J Jellison, Gregory J Murphy, James D Frias, James D Frias, John J Hollatz, Kenneth Rex Query, Leon J Topalian, Maryemily Slate, Michael D Keller, Nicholas C Gangestad, Raymond S Napolitan Jr, Raymond S Napolitan, Jr and Stephen D Laxton.
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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.
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