We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Nucor Corporation (NUE) is a leading steel business with stocks listed in the US. It opened the day at US$107.5 after a previous close of US$106.31. During the day the price has varied from a low of USD105.82 to a high of USD108.16. The latest price was USD106.59 (25 minute delay). Nucor Corporation is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Nucor Corporation
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Nucor Corporation. Find the share by name or ticker symbol: NUE. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Nucor Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$108.78, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Nucor Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Nucor Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Nucor Corporation key stats
- Compare share trading platforms
- Is Nucor Corporation stock a buy or sell?
- Nucor Corporation performance over time
- Can I short Nucor Corporation shares?
- Is Nucor Corporation suitable for ethical investing?
- Are Nucor Corporation shares over-valued?
- Nucor Corporation's financials
- How volatile are Nucor Corporation shares?
- Does Nucor Corporation pay a dividend?
- Have Nucor Corporation shares ever split?
- Other common questions
Nucor Corporation share priceUse our graph to track the performance of NUE stocks over time.
Nucor Corporation shares at a glance
|52-week range||US$37.6833 - US$110.965|
|50-day moving average||US$96.7386|
|200-day moving average||US$70.5557|
|Dividend yield||US$1.615 (1.5%)|
|Earnings per share (TTM)||US$5.386|
Compare share trading platforms to buy stock
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Nucor Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Nucor Corporation price performance over time
|1 week (2021-06-02)||1.49%|
|1 month (2021-05-13)||5.74%|
|3 months (2021-03-12)||52.80%|
|6 months (2020-12-11)||88.19%|
|1 year (2020-06-12)||158.71%|
|2 years (2019-06-13)||104.43%|
|3 years (2018-06-13)||59.64%|
|5 years (2016-06-13)||113.27%|
Is Nucor Corporation under- or over-valued?
Valuing Nucor Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nucor Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Nucor Corporation's P/E ratio
Nucor Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Nucor Corporation shares trade at around 20x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Nucor Corporation's PEG ratio
Nucor Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.75. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Nucor Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Nucor Corporation's EBITDA
Nucor Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$3.3 billion.
The EBITDA is a measure of a Nucor Corporation's overall financial performance and is widely used to measure a its profitability.
Nucor Corporation financials
|Revenue TTM||US$21.5 billion|
|Operating margin TTM||11.42%|
|Gross profit TTM||US$2.2 billion|
|Return on assets TTM||7.88%|
|Return on equity TTM||15.76%|
|Market capitalisation||US$31.8 billion|
TTM: trailing 12 months
Shorting Nucor Corporation shares
There are currently 4.7 million Nucor Corporation shares held short by investors – that's known as Nucor Corporation's "short interest". This figure is 15.1% up from 4.1 million last month.
There are a few different ways that this level of interest in shorting Nucor Corporation shares can be evaluated.
Nucor Corporation's "short interest ratio" (SIR)
Nucor Corporation's "short interest ratio" (SIR) is the quantity of Nucor Corporation shares currently shorted divided by the average quantity of Nucor Corporation shares traded daily (recently around 4.3 million). Nucor Corporation's SIR currently stands at 1.09. In other words for every 100,000 Nucor Corporation shares traded daily on the market, roughly 1090 shares are currently held short.
However Nucor Corporation's short interest can also be evaluated against the total number of Nucor Corporation shares, or, against the total number of tradable Nucor Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Nucor Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Nucor Corporation shares in existence, roughly 20 shares are currently held short) or 0.0179% of the tradable shares (for every 100,000 tradable Nucor Corporation shares, roughly 18 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Nucor Corporation.
Find out more about how you can short Nucor Corporation stock.
Nucor Corporation's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Nucor Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Nucor Corporation's total ESG risk score
Total ESG risk: 38.15
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Nucor Corporation's overall score of 38.15 (as at 12/31/2018) is pretty weak – landing it in it in the 81st percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Nucor Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Nucor Corporation's environmental score
Environmental score: 16.03/100
Nucor Corporation's environmental score of 16.03 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Nucor Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Nucor Corporation's social score
Social score: 12.79/100
Nucor Corporation's social score of 12.79 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Nucor Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Nucor Corporation's governance score
Governance score: 10.82/100
Nucor Corporation's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that Nucor Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Nucor Corporation's controversy score
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Nucor Corporation scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Nucor Corporation hasn't always managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||38.15|
|Total ESG percentile||80.78|
|Environmental score percentile||3|
|Social score percentile||3|
|Governance score percentile||3|
|Level of controversy||3|
Nucor Corporation share dividends
Dividend payout ratio: 24.8% of net profits
Recently Nucor Corporation has paid out, on average, around 24.8% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nucor Corporation shareholders could enjoy a 1.51% return on their shares, in the form of dividend payments. In Nucor Corporation's case, that would currently equate to about $1.615 per share.
While Nucor Corporation's payout ratio might seem low, this can signify that Nucor Corporation is investing more in its future growth.
Nucor Corporation's most recent dividend payout was on 10 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 June 2021 (the "ex-dividend date").
Have Nucor Corporation's shares ever split?
Nucor Corporation's shares were split on a 2:1 basis on 31 May 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Nucor Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Nucor Corporation shares which in turn could have impacted Nucor Corporation's share price.
Nucor Corporation share price volatility
Over the last 12 months, Nucor Corporation's shares have ranged in value from as little as US$37.6833 up to US$110.965. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nucor Corporation's is 1.4033. This would suggest that Nucor Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Nucor Corporation overview
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. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. The Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. The company offers its products through its in-house sales forces; and internal distribution and trading companies. The company was incorporated in 1958 and is headquartered in Charlotte, North Carolina.
Frequently asked questions
Ask an Expert