Yahoo Finance • 2 months ago

Nucor Stock Falls as Steelmaker Looks to Revive Demand

Steelmaker Nucor said it will take more time for big infrastructure projects and interest rate cuts to revive flagging steel demand in the U.S. Nucor, the largest U.S. steelmaker by sales, dashed hopes for a late-year market rally by forec... Full story

Yahoo Finance • 2 months ago

Nucor (NYSE:NUE) Might Be Having Difficulty Using Its Capital Effectively

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are als... Full story

Yahoo Finance • 3 months ago

Preliminary Earnings Spotlight: Watching Three Cyclicals Ahead of the Q3 Reporting Season

Earnings season is on the way. Amid a busy calendar of Analyst Days, the big banks kickstart the reporting period on October 11, and we are already hearing from some firms about how the third quarter progressed. Comps are broadly tougher t... Full story

Yahoo Finance • 4 months ago

Investors in Nucor (NYSE:NUE) have seen solid returns of 236% over the past five years

Nucor Corporation (NYSE:NUE) shareholders might be concerned after seeing the share price drop 12% in the last quarter. But that doesn't change the fact that the returns over the last five years have been very strong. Indeed, the share pri... Full story

Yahoo Finance • 4 months ago

Jim Cramer on Steel Dynamics Inc. (STLD): ‘Even Though The Stock Is Very Cheap, I Cannot Endorse It At This Time’

We recently compiled a list of the Jim Cramer’s Top 10 Bullish Stock Picks. In this article, we are going to take a look at where Steel Dynamics Inc. (NASDAQ:STLD) stands against Jim Cramer's other bullish stock picks. In a recent episode... Full story

Yahoo Finance • 4 months ago

Nucor Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

A week ago, Nucor Corporation (NYSE:NUE) came out with a strong set of quarterly numbers that could potentially lead to a re-rate of the stock. The company beat expectations with revenues of US$8.1b arriving 7.4% ahead of forecasts. Statut... Full story

Yahoo Finance • 5 months ago

51 Annual Dividend Increases! Put This Stock on Your Wish List Now.

With 50 consecutive annual dividend increases a company earns the title Dividend King. Nucor(NYSE: NUE) has increased its dividend each year for 51 consecutive years. That alone should make this company of interest to a lot of investors, b... Full story

Yahoo Finance • 5 months ago

Will Weakness in Nucor Corporation's (NYSE:NUE) Stock Prove Temporary Given Strong Fundamentals?

Nucor (NYSE:NUE) has had a rough three months with its share price down 13%. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term,... Full story

Yahoo Finance • 5 months ago

Nucor Second Quarter 2024 Earnings: Beats Expectations

Nucor (NYSE:NUE) Second Quarter 2024 Results Key Financial Results Revenue: US$8.08b (down 15% from 2Q 2023). Net income: US$645.2m (down 56% from 2Q 2023). Profit margin: 8.0% (down from 15% in 2Q 2023). The decrease in margin was drive... Full story

Yahoo Finance • 5 months ago

Prediction: These 3 Stocks Will Soar if Trump Wins in November

Republicans now officially have their presidential candidate. Former President Donald Trump cruised to his third nomination at the Republican National Convention last week. Less than four months remain before Americans go to the polls to... Full story

Yahoo Finance • 6 months ago

Insiders At Nucor Sold US$30m In Stock, Alluding To Potential Weakness

Many Nucor Corporation (NYSE:NUE) insiders ditched their stock over the past year, which may be of interest to the company's shareholders. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying... Full story

Yahoo Finance • 6 months ago

Nucor (NYSE:NUE) Could Be A Buy For Its Upcoming Dividend

Nucor Corporation (NYSE:NUE) is about to trade ex-dividend in the next four days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to recei... Full story

Yahoo Finance • 6 months ago

Nucor Announces Guidance for the Second Quarter of 2024 Earnings

CHARLOTTE, N.C., June 14, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its second quarter ending June 29, 2024. Nucor expects second quarter earnings to be in the range of $2.20 to $2.30 per diluted share... Full story

Yahoo Finance • 6 months ago

Declining Stock and Solid Fundamentals: Is The Market Wrong About Nucor Corporation (NYSE:NUE)?

It is hard to get excited after looking at Nucor's (NYSE:NUE) recent performance, when its stock has declined 15% over the past three months. But if you pay close attention, you might gather that its strong financials could mean that the s... Full story

Yahoo Finance • 7 months ago

Nucor Executive Vice President Douglas J. Jellison to Retire; Randy J. Spicer to be Promoted

CHARLOTTE, N.C., May 10, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that Executive Vice President Douglas J. Jellison plans to retire on June 8, 2024 after more than 33 years of service with Nucor. Mr. Jellison beg... Full story

Yahoo Finance • 8 months ago

Earnings Miss: Nucor Corporation Missed EPS By 5.4% And Analysts Are Revising Their Forecasts

Nucor Corporation (NYSE:NUE) shareholders are probably feeling a little disappointed, since its shares fell 9.4% to US$175 in the week after its latest quarterly results. It looks like the results were a bit of a negative overall. While re... Full story

Yahoo Finance • 8 months ago

Nucor Corp (NUE) Q1 Earnings: Misses EPS Estimates, Reports Decline in Year-over-Year Profits

Earnings Per Share (EPS): Reported at $3.46 per diluted share for Q1 2024, falling short of the estimated $3.66. Net Income: Achieved $844.8 million, below the forecast of $897.43 million. Revenue: Totalled $8.14 billion, surpassing the ex... Full story

Yahoo Finance • 10 months ago

13 Best Consumer Cyclical Dividend Stocks To Invest In

In this article, we discuss 13 best consumer cyclical dividend stocks to invest in. You can skip our detailed analysis of the consumer cyclical sector and its performance over the years, and go directly to read 5 Best Consumer Cyclical Div... Full story

Yahoo Finance • 10 months ago

Nucor (NUE) Beats Stock Market Upswing: What Investors Need to Know

Nucor (NUE) closed the most recent trading day at $189.99, moving +1.79% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.04%. On the other hand, the Dow registered a gain of 0.16%, and... Full story

Yahoo Finance • 10 months ago

Nucor Board of Directors Approves Funding for New Pacific Northwest Rebar Micro Mill

CHARLOTTE, N.C., Feb. 21, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the company's Board of Directors approved $860 million to construct a 650,000-tons-per-year rebar micro mill in the Pacific Northwest. This w... Full story