Nucor Corp Stock Today

NUE Stock  USD 197.90  0.66  0.33%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Nucor Corp is trading at 197.90 as of the 29th of March 2024, a -0.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 196.5. Nucor Corp has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for Nucor Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
1st of September 1983
Category
Basic Materials
Nucor Corporation manufactures and sells steel and steel products. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina. Nucor Corp operates under Steel classification in the United States and is traded on New York Stock Exchange. The company has 239.98 M outstanding shares of which 5.12 M shares are now shorted by investors with about 3.65 days to cover. More on Nucor Corp

Moving together with Nucor Stock

  0.61AU AngloGold Ashanti Plc Financial Report 28th of June 2024 PairCorr
  0.66CE Celanese Financial Report 14th of May 2024 PairCorr

Moving against Nucor Stock

  0.74NG NovaGold Resources Earnings Call This WeekPairCorr
  0.69NB NioCorp DevelopmentsPairCorr
  0.69NC NACCO IndustriesPairCorr
  0.61MP MP Materials Corp Financial Report 2nd of May 2024 PairCorr
  0.6X United States Steel Financial Report 25th of April 2024 PairCorr
  0.59METC Ramaco Resources Financial Report 1st of May 2024 PairCorr
  0.46CC Chemours Financial Report 25th of April 2024 PairCorr

Nucor Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nucor Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nucor Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Nucor Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nucor Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOLeon Topalian
Thematic Ideas
(View all Themes)
Old Names[Nuevolution AB (publ), Nucor Corp]
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, SP 500 Index, Power Assets, Manufacturing, Steel Works Etc, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Nucor Corp report their recommendations after researching Nucor Corp's financial statements, talking to executives and customers, or listening in on Nucor Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nucor Corp. The Nucor consensus assessment is calculated by taking the average forecast from all of the analysts covering Nucor Corp.
Financial Strength
Based on the analysis of Nucor Corp's profitability, liquidity, and operating efficiency, Nucor Corp may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Nucor Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07030.128
Way Down
Slightly volatile
Asset Turnover1.450.9823
Way Up
Pretty Stable
Gross Profit Margin0.180.2254
Significantly Down
Slightly volatile
Total Current Liabilities4.8 B4.6 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total9.1 B8.6 B
Sufficiently Up
Slightly volatile
Total Assets37.1 B35.3 B
Sufficiently Up
Slightly volatile
Total Current Assets17.2 B16.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities7.5 B7.1 B
Sufficiently Up
Slightly volatile
Nucor Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nucor Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Nucor Corp's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Nucor Corp's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nucor Corp's financial leverage. It provides some insight into what part of Nucor Corp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Nucor Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Nucor Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Nucor Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 6.95 B in debt with debt to equity (D/E) ratio of 0.36, which is OK given its current industry classification. Nucor Corp has a current ratio of 3.04, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Nucor Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Nucor Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nucor Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nucor to invest in growth at high rates of return. When we think about Nucor Corp's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(78.79 Million)
Nucor Corp (NUE) is traded on New York Stock Exchange in USA. It is located in 1915 Rexford Road, Charlotte, NC, United States, 28211 and employs 32,000 people. Nucor Corp is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 47.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nucor Corp's market, we take the total number of its shares issued and multiply it by Nucor Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nucor Corp runs under Metals & Mining sector within Materials industry. The entity has 239.98 M outstanding shares of which 5.12 M shares are now shorted by investors with about 3.65 days to cover. Nucor Corp has about 4.28 B in cash with 7.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.36.
Check Nucor Corp Probability Of Bankruptcy
Ownership Allocation
Nucor Corp holds a total of 239.98 Million outstanding shares. The majority of Nucor Corp outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nucor Corp to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nucor Corp. Please pay attention to any change in the institutional holdings of Nucor Corp as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Nucor Ownership Details

Nucor Stock Price Odds Analysis

What are Nucor Corp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Nucor Corp jumping above the current price in 90 days from now is under 4%. The Nucor Corp probability density function shows the probability of Nucor Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1629. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nucor Corp will likely underperform. Additionally, nucor Corp has an alpha of 0.0256, implying that it can generate a 0.0256 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 197.9HorizonTargetOdds Above 197.9
96.71%90 days
 197.90 
3.24%
Based on a normal probability distribution, the odds of Nucor Corp to move above the current price in 90 days from now is under 4 (This Nucor Corp probability density function shows the probability of Nucor Stock to fall within a particular range of prices over 90 days) .

Nucor Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Nucor Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nucor Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nucor Corp's value.
InstituionRecorded OnShares
Norges Bank2023-12-31
2.2 M
Legal & General Group Plc2023-12-31
2.1 M
T. Rowe Price Associates, Inc.2023-12-31
2.1 M
Pacer Advisors, Inc.2023-12-31
2.1 M
Amvescap Plc.2023-12-31
M
Bank Of New York Mellon Corp2023-12-31
1.7 M
Charles Schwab Investment Management Inc2023-12-31
1.5 M
First Trust Advisors L.p.2023-12-31
1.4 M
Wells Fargo & Co2023-12-31
1.3 M
Vanguard Group Inc2023-12-31
29.5 M
State Farm Mutual Automobile Ins Co2023-12-31
25.1 M
View Nucor Corp Diagnostics

Nucor Corp Historical Income Statement

Nucor Corp Income Statement is one of the three primary financial statements used for reporting Nucor's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nucor Corp revenue and expense. Nucor Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Nucor Corp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 36.4 B, whereas Non Operating Income Net Other is forecasted to decline to about 9.2 M. View More Fundamentals

Nucor Stock Against Markets

Picking the right benchmark for Nucor Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nucor Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nucor Corp is critical whether you are bullish or bearish towards Nucor Corp at a given time. Please also check how Nucor Corp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nucor Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Risk-Return Analysis Now

   

Risk-Return Analysis

View associations between returns expected from investment and the risk you assume
All  Next Launch Module

Nucor Corp Corporate Directors

Nucor Corp corporate directors refer to members of a Nucor Corp board of directors. The board of directors generally takes responsibility for the Nucor Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nucor Corp's board members must vote for the resolution. The Nucor Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Christopher KearneyIndependent DirectorProfile
Laurette KoellnerIndependent DirectorProfile
Gregory HayesIndependent DirectorProfile
Nadja WestIndependent DirectorProfile

How to buy Nucor Stock?

Before investing in Nucor Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nucor Corp. To buy Nucor Corp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nucor Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Nucor Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Nucor Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Nucor Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nucor Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nucor Stock please use our How to Invest in Nucor Corp guide.

Already Invested in Nucor Corp?

The danger of trading Nucor Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nucor Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nucor Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nucor Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nucor Corp is a strong investment it is important to analyze Nucor Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nucor Corp's future performance. For an informed investment choice regarding Nucor Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nucor Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Nucor Stock analysis

When running Nucor Corp's price analysis, check to measure Nucor Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nucor Corp is operating at the current time. Most of Nucor Corp's value examination focuses on studying past and present price action to predict the probability of Nucor Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nucor Corp's price. Additionally, you may evaluate how the addition of Nucor Corp to your portfolios can decrease your overall portfolio volatility.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Is Nucor Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nucor Corp. If investors know Nucor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nucor Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.35)
Dividend Share
2.07
Earnings Share
18.01
Revenue Per Share
138.98
Quarterly Revenue Growth
(0.12)
The market value of Nucor Corp is measured differently than its book value, which is the value of Nucor that is recorded on the company's balance sheet. Investors also form their own opinion of Nucor Corp's value that differs from its market value or its book value, called intrinsic value, which is Nucor Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nucor Corp's market value can be influenced by many factors that don't directly affect Nucor Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nucor Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nucor Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nucor Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.