• Steel
  • Basic Materials
Nucor Corporation logo
Nucor Corporation
NUE · US · NYSE
160.89
USD
+3.87
(2.41%)
Company Overview

1915 REXFORD RD,CHARLOTTE NC 28211,7043667000

CEO

Mr. Leon J. Topalian

Employess

32000

Sector

Basic Materials

Industry

Steel

Website

https://www.nucor.com

Nucor Corporation manufactures and sells steel and steel products. The company's 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 products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also 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. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. 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 serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.

Next Earnings Date

Oct. 28, 2024

Ex Dividends date

Aug. 09, 2024

Dividend Date

June 28, 2024

YTD Performance

-8.29%

Fiscal Year End

12-31

IPO Date

1980-03-17

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 6.18% 6.73% 19.90% -16.38%
EPS 28.07% 19.30% 96.75% -37.50%
Equity 10.60% 16.42% 24.74% 13.72%
Cash 15.71% 35.47% 34.22% 49.11%
Return On Capital (ROIC) 16.07% 21.59% 29.25% 17.69%
Debt
year (millions) 2022 2021 2020 2019 2018
Short Term Debt 219 77.7 723 68.8 91.7
Long Term Debt 6,470 6,610 4,960 5,270 4,290
LT Finance Leases 256 207 179 90.3 85.2
Shares Outstanding 250 262 292 303 305
Market Cap 43,500 34,600 33,400 16,100 17,200
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Steel Leader's Stock Being Dragged Down By Falling Prices
2 months

Nucor NYSE: NUE is a basic materials firm that manufactures steel and steel products. It is the 14th largest firm in the metals and mining industry.

marketbeat.com
Nucor's Q2 Earnings Beat Expectations, But Analyst Warns of Weaker Q3 Due to Lower Steel Prices
2 months

Nucor Corporation NUE shares are trading lower today. Yesterday, the company reported better-than-expected second-quarter financial results.

benzinga.com
Nucor's (NUE) Earnings and Revenues Beat Estimates in Q2
2 months

Nucor's (NUE) second-quarter earnings and sales beat estimates despite lower average selling prices and volumes in the steel mills unit.

zacks.com
Nucor (NUE) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
2 months

The headline numbers for Nucor (NUE) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

zacks.com
Markets Bounce Back; Cadence, Nucor Beat, NXP In-Line
2 months

The Nasdaq came back +280 points, or +1.58% today, while small-caps once again felt their oats.

zacks.com
Nucor (NUE) Q2 Earnings and Revenues Top Estimates
2 months

Nucor (NUE) came out with quarterly earnings of $2.68 per share, beating the Zacks Consensus Estimate of $2.31 per share. This compares to earnings of $5.81 per share a year ago.

zacks.com
Nucor Reports Results for the Second Quarter of 2024
2 months

Second Quarter of 2024 Highlights Net earnings attributable to Nucor stockholders of $645.2 million, or $2.68 per diluted share. Net sales of $8.08 billion.

prnewswire.com
Nucor Invites You to Join Its Second Quarter of 2024 Conference Call on the Web
2 months

CHARLOTTE, N.C. , July 22, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) second quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer.

prnewswire.com
Prediction: These 3 Stocks Will Soar if Trump Wins in November
2 months

Nucor would be more competitive thanks to Trump's proposed tariffs. Halliburton would see its earnings increase with increased oil and gas production in a second Trump term.

fool.com
Winning With Trump: My Top Dividend Picks For Your Portfolio
2 months

As the 2024 General Election nears, it's essential to understand the potential impact of a Trump presidency on our portfolios without bias. Trump's policies could affect sectors like energy, agriculture, and healthcare, shaping the broader economic landscape significantly. By staying informed and adaptable, we can better navigate these uncertain times and enhance our chances of success.

seekingalpha.com
Will Weaker Steel Prices Weigh on Nucor's (NUE) Earnings in Q2?
2 months

Lower earnings in the steel mills segment on weaker selling prices and volumes are likely to have hurt Nucor's (NUE) second-quarter results.

zacks.com
Nucor Is Diversifying To Hedge In A Soft Steel Market
2 months

Nucor Corporation faces macroeconomic challenges with declining steel prices, offsetting with higher volumes, leading to tighter margins and potentially increased costs. Nucor acquires SWDP for $115mm, creating Nucor Data Systems for data center infrastructure, expanding presence in AI factory buildout. Legislation like the IRA, Infrastructure Bill, and CHIPS Act may provide relief for Nucor, but macroeconomic headwinds pose challenges.

seekingalpha.com