Nucor Corp Stock Today

NUE Stock  USD 151.92  1.93  1.29%   

Performance

1 of 100

 
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Odds Of Distress

Less than 5

 
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Nucor Corp is trading at 151.92 as of the 23rd of November 2024, a 1.29% increase since the beginning of the trading day. The stock's lowest day price was 149.59. Nucor Corp has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Note, on April 12, 2023, Senator Gary Peters of US Senate acquired $50k to $100k worth of Nucor Corp's common stock.
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 234.81 M outstanding shares of which 4.87 M shares are now shorted by investors with about 2.67 days to cover. More on Nucor Corp

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Nucor Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOLeon Topalian
Thematic Ideas
Showing 3 out of 4 themes
Old Names[Nuevolution AB (publ), Nha Trang Urban Environmental JSC, Nucor Corp]
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, SP 500 Index, Manufacturing, Macroaxis Picks, Steel Works Etc, Power Assets, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
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
Debt Levels
Nucor Corp can leverage 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.
Liquidity
Nucor Corp 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. Note however, debt could still be an excellent tool for Nucor to invest in growth at high rates of return.

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 35.67 B. Nucor Corp runs under Metals & Mining sector within Materials industry. The entity has 234.81 M outstanding shares of which 4.87 M shares are now shorted by investors with about 2.67 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 maintains a total of 234.81 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. Please note that on April 12, 2023, Senator Gary Peters of US Senate acquired $50k to $100k worth of Nucor Corp's common stock.
Check Nucor Ownership Details

Nucor Stock Institutional Holders

InstituionRecorded OnShares
T. Rowe Price Associates, Inc.2024-06-30
2.4 M
Fmr Inc2024-09-30
2.3 M
Legal & General Group Plc2024-06-30
2.2 M
Amvescap Plc.2024-06-30
M
First Trust Advisors L.p.2024-06-30
1.6 M
Charles Schwab Investment Management Inc2024-09-30
1.6 M
Mizuho Securities Usa Inc2024-09-30
1.6 M
Bank Of New York Mellon Corp2024-06-30
1.6 M
Jpmorgan Chase & Co2024-06-30
1.5 M
Vanguard Group Inc2024-09-30
28.4 M
State Farm Mutual Automobile Ins Co2024-09-30
24.6 M
View Nucor Corp Diagnostics

Nucor Corp Historical Income Statement

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

Nucor Corp Corporate Directors

Christopher KearneyIndependent DirectorProfile
Laurette KoellnerIndependent DirectorProfile
Nadja WestIndependent DirectorProfile
Joseph RuppIndependent DirectorProfile
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 closely tied 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Metals & Mining space 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
(0.77)
Dividend Share
2.16
Earnings Share
10.39
Revenue Per Share
129.875
Quarterly Revenue Growth
(0.15)
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.