company background image
NUE

NucorNYSE:NUE Stock Report

Market Cap

US$28.5b

7D

-9.5%

1Y

122.1%

Updated

23 Sep, 2021

Data

Company Financials +
NUE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends5/6

NUE Overview

Nucor Corporation manufactures and sells steel and steel products.

Nucor Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nucor
Historical stock prices
Current Share PriceUS$99.40
52 Week HighUS$44.05
52 Week LowUS$128.81
Beta1.4
1 Month Change-19.35%
3 Month Change2.80%
1 Year Change122.07%
3 Year Change57.60%
5 Year Change103.44%
Change since IPO2,496.57%

Recent News & Updates

Shareholder Returns

NUEUS Metals and MiningUS Market
7D-9.5%-5.6%-0.5%
1Y122.1%41.5%37.5%

Return vs Industry: NUE exceeded the US Metals and Mining industry which returned 44.2% over the past year.

Return vs Market: NUE exceeded the US Market which returned 36.2% over the past year.

Price Volatility

Is NUE's price volatile compared to industry and market?
NUE volatility
NUE Beta1.4
Industry Beta1.31
Market Beta1

Stable Share Price: NUE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: NUE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195826,400Leon Topalianhttps://www.nucor.com

Nucor Corporation manufactures and sells steel and steel products. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The 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; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products.

Nucor Fundamentals Summary

How do Nucor's earnings and revenue compare to its market cap?
NUE fundamental statistics
Market CapUS$28.54b
Earnings (TTM)US$3.03b
Revenue (TTM)US$25.99b

9.6x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NUE income statement (TTM)
RevenueUS$25.99b
Cost of RevenueUS$20.66b
Gross ProfitUS$5.34b
ExpensesUS$2.31b
EarningsUS$3.03b

Last Reported Earnings

Jul 03, 2021

Next Earnings Date

n/a

Earnings per share (EPS)10.04
Gross Margin20.53%
Net Profit Margin11.64%
Debt/Equity Ratio43.7%

How did NUE perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

16%

Payout Ratio

Does NUE pay a reliable dividends?

See NUE dividend history and benchmarks
When do you need to buy NUE by to receive an upcoming dividend?
Nucor dividend dates
Ex Dividend DateSep 29 2021
Dividend Pay DateNov 10 2021
Days until Ex dividend4 days
Days until Dividend pay date46 days

Does NUE pay a reliable dividends?

See NUE dividend history and benchmarks

Valuation

Is Nucor undervalued compared to its fair value and its price relative to the market?

15.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NUE ($99.4) is trading below our estimate of fair value ($117.21)

Significantly Below Fair Value: NUE is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: NUE is good value based on its PE Ratio (9.6x) compared to the US Metals and Mining industry average (11.9x).

PE vs Market: NUE is good value based on its PE Ratio (9.6x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: NUE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: NUE's PB Ratio (2.4x) is in line with the US Metals and Mining industry average.


Future Growth

How is Nucor forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

-48.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NUE's earnings are forecast to decline over the next 3 years (-48.1% per year).

Earnings vs Market: NUE's earnings are forecast to decline over the next 3 years (-48.1% per year).

High Growth Earnings: NUE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: NUE's revenue is expected to decline over the next 3 years (-9.4% per year).

High Growth Revenue: NUE's revenue is forecast to decline over the next 3 years (-9.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NUE's Return on Equity is forecast to be low in 3 years time (15.3%).


Past Performance

How has Nucor performed over the past 5 years?

12.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NUE has high quality earnings.

Growing Profit Margin: NUE's current net profit margins (11.6%) are higher than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: NUE's earnings have grown by 12.5% per year over the past 5 years.

Accelerating Growth: NUE's earnings growth over the past year (492%) exceeds its 5-year average (12.5% per year).

Earnings vs Industry: NUE earnings growth over the past year (492%) exceeded the Metals and Mining industry 102.1%.


Return on Equity

High ROE: NUE's Return on Equity (25.2%) is considered high.


Financial Health

How is Nucor's financial position?


Financial Position Analysis

Short Term Liabilities: NUE's short term assets ($12.1B) exceed its short term liabilities ($3.9B).

Long Term Liabilities: NUE's short term assets ($12.1B) exceed its long term liabilities ($6.4B).


Debt to Equity History and Analysis

Debt Level: NUE's debt to equity ratio (43.7%) is considered high.

Reducing Debt: NUE's debt to equity ratio has reduced from 54.5% to 43.7% over the past 5 years.

Debt Coverage: NUE's debt is well covered by operating cash flow (58.1%).

Interest Coverage: NUE's interest payments on its debt are well covered by EBIT (28.1x coverage).


Balance Sheet


Dividend

What is Nucor current dividend yield, its reliability and sustainability?

1.63%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 24 2021Ex Dividend DateSep 29 2021Dividend Pay DateNov 10 202142 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: NUE's dividend (1.63%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: NUE's dividend (1.63%) is low compared to the top 25% of dividend payers in the US market (3.63%).


Stability and Growth of Payments

Stable Dividend: NUE's dividends per share have been stable in the past 10 years.

Growing Dividend: NUE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.1%), NUE's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: NUE's dividends in 3 years are forecast to be well covered by earnings (32.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Leon Topalian (53 yo)

1.67yrs

Tenure

US$11,265,538

Compensation

Mr. Leon J. Topalian has been Chairman of the Board of Directors at American Iron & Steel Institute since May 2021. Mr. Topalian has been President of Nucor Corporation since September 5, 2019 and has been...


CEO Compensation Analysis

Compensation vs Market: Leon's total compensation ($USD11.27M) is about average for companies of similar size in the US market ($USD11.36M).

Compensation vs Earnings: Leon's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: NUE's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: NUE's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NUE insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nucor Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Nucor Corporation
  • Ticker: NUE
  • Exchange: NYSE
  • Founded: 1958
  • Industry: Steel
  • Sector: Materials
  • Market Cap: US$28.541b
  • Shares outstanding: 293.69m
  • Website: https://www.nucor.com

Number of Employees


Location

  • Nucor Corporation
  • 1915 Rexford Road
  • Charlotte
  • North Carolina
  • 28211
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 22:55
End of Day Share Price2021/09/23 00:00
Earnings2021/07/03
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.