NUE Stock Overview
Nucor Corporation manufactures and sells steel and steel products.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$93.05|
|52 Week High||US$128.81|
|52 Week Low||US$47.94|
|1 Month Change||-18.12%|
|3 Month Change||-9.07%|
|1 Year Change||69.86%|
|3 Year Change||60.16%|
|5 Year Change||52.52%|
|Change since IPO||2,330.69%|
Recent News & Updates
Nucor (NYSE:NUE) Could Become A Multi-Bagger
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Nucor Stock: Ready To Breakout
NUE has been consolidating for several months. Earnings remain very strong. And the valuation is reasonable even on 2023 earnings.
Nucor: Infrastructure Bill Rejection And Weak Economic Growth May End Steel's Rally
On Monday, Nucor and other steel producers crashed after Biden's infrastructure bill became unlikely to pass. Steel prices have declined since September as China's consumption outlook crashed due to property developer woes. The outlook for U.S. steel demand has weakened due to prolonged declines in automobile production and a potential peak in construction spending. Nucor is still my favorite due to its more stable long-run growth strategy and generally attractive valuation compared to peers. Investors may want to temporarily reduce exposure to Nucor and its peers as the steel market may return to glut dynamics due to declines in the demand outlook.
|NUE||US Metals and Mining||US Market|
Return vs Industry: NUE exceeded the US Metals and Mining industry which returned 18.4% over the past year.
Return vs Market: NUE exceeded the US Market which returned 6.6% over the past year.
|NUE Average Weekly Movement||6.7%|
|Metals and Mining Industry Average Movement||9.2%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: NUE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: NUE's weekly volatility (7%) has been stable over the past year.
About the Company
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
|NUE fundamental statistics|
Is NUE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NUE income statement (TTM)|
|Cost of Revenue||US$23.14b|
Last Reported Earnings
Oct 02, 2021
Next Earnings Date
Jan 27, 2022
|Earnings per share (EPS)||18.18|
|Net Profit Margin||15.78%|
How did NUE perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
Is Nucor undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NUE ($93.05) is trading above our estimate of fair value ($86.71)
Significantly Below Fair Value: NUE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NUE is good value based on its PE Ratio (5.1x) compared to the US Metals and Mining industry average (8.6x).
PE vs Market: NUE is good value based on its PE Ratio (5.1x) compared to the US market (16.7x).
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 is good value based on its PB Ratio (1.9x) compared to the US Metals and Mining industry average (2.1x).
How is Nucor forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
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 (-49.8% per year).
Earnings vs Market: NUE's earnings are forecast to decline over the next 3 years (-49.8% 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 (-9.3% per year).
High Growth Revenue: NUE's revenue is forecast to decline over the next 3 years (-9.3% 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 (14.4%).
How has Nucor performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NUE has high quality earnings.
Growing Profit Margin: NUE's current net profit margins (15.8%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: NUE's earnings have grown by 18.5% per year over the past 5 years.
Accelerating Growth: NUE's earnings growth over the past year (1055.8%) exceeds its 5-year average (18.5% per year).
Earnings vs Industry: NUE earnings growth over the past year (1055.8%) exceeded the Metals and Mining industry 125.5%.
Return on Equity
High ROE: NUE's Return on Equity (37.3%) is considered high.
How is Nucor's financial position?
Financial Position Analysis
Short Term Liabilities: NUE's short term assets ($12.1B) exceed its short term liabilities ($4.8B).
Long Term Liabilities: NUE's short term assets ($12.1B) exceed its long term liabilities ($6.2B).
Debt to Equity History and Analysis
Debt Level: NUE's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: NUE's debt to equity ratio has reduced from 53.5% to 37.3% over the past 5 years.
Debt Coverage: NUE's debt is well covered by operating cash flow (79.1%).
Interest Coverage: NUE's interest payments on its debt are well covered by EBIT (43.8x coverage).
What is Nucor current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NUE's dividend (2.15%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: NUE's dividend (2.15%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: NUE's dividends per share have been stable in the past 10 years.
Growing Dividend: NUE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9.8%), NUE's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NUE's dividends in 3 years are forecast to be well covered by earnings (43.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Leon Topalian (53 yo)
Mr. Leon J. Topalian has been Chairman of the Board of Directors at American Iron & Steel Institute since May 2021. Mr. Topalian has been President of Nucor Corporation since September 5, 2019 and has been...
CEO Compensation Analysis
Compensation vs Market: Leon's total compensation ($USD11.27M) is about average for companies of similar size in the US market ($USD11.42M).
Compensation vs Earnings: Leon's compensation has increased by more than 20% in the past year.
Experienced Management: NUE's management team is considered experienced (2.3 years average tenure).
Experienced Board: NUE's board of directors are considered experienced (3.7 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nucor Corporation's employee growth, exchange listings and data sources
- Name: Nucor Corporation
- Ticker: NUE
- Exchange: NYSE
- Founded: 1958
- Industry: Steel
- Sector: Materials
- Implied Market Cap: US$25.337b
- Shares outstanding: 272.30m
- Website: https://www.nucor.com
Number of Employees
- Nucor Corporation
- 1915 Rexford Road
- North Carolina
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 23:35|
|End of Day Share Price||2022/01/21 00:00|
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.