137.53 USD
+7.27
5.58%
At close Feb 10, 4:00 PM EST
After hours
138.75
+1.22
0.89%
1 day
5.58%
5 days
6.61%
1 month
16.39%
3 months
-13.54%
6 months
-2.70%
Year to date
20.13%
1 year
-26.10%
5 years
188.56%
10 years
187.66%
 

About: Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Employees: 32,000

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

42% more call options, than puts

Call options by funds: $845M | Put options by funds: $596M

2.2% less ownership

Funds ownership: 78.85% [Q2] → 76.65% (-2.2%) [Q3]

3% less funds holding

Funds holding: 1,214 [Q2] → 1,174 (-40) [Q3]

9% less capital invested

Capital invested by funds: $29.9B [Q2] → $27.3B (-$2.62B) [Q3]

9% less funds holding in top 10

Funds holding in top 10: 11 [Q2] → 10 (-1) [Q3]

18% less repeat investments, than reductions

Existing positions increased: 394 | Existing positions reduced: 481

19% less first-time investments, than exits

New positions opened: 104 | Existing positions closed: 129

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$135
2%
downside
Avg. target
$158
15%
upside
High target
$190
38%
upside

6 analyst ratings

positive
67%
neutral
33%
negative
0%
Morgan Stanley
Carlos De Alba
38% 1-year accuracy
9 / 24 met price target
12%upside
$154
Overweight
Maintained
3 Feb 2025
JP Morgan
Bill Peterson
48% 1-year accuracy
15 / 31 met price target
9%upside
$150
Overweight
Maintained
29 Jan 2025
Jefferies
Christopher LeFemina
67% 1-year accuracy
4 / 6 met price target
2%downside
$135
Hold
Maintained
29 Jan 2025
Citigroup
Alexander Hacking
56% 1-year accuracy
5 / 9 met price target
16%upside
$160
Buy
Maintained
19 Dec 2024
UBS
Curt Woodworth
90% 1-year accuracy
9 / 10 met price target
13%upside
$156
Neutral
Downgraded
12 Dec 2024

Financial journalist opinion

Based on 39 articles about NUE published over the past 30 days

Positive
Zacks Investment Research
3 hours ago
Stocks to Watch as Trump Announces 25% Tariffs on Steel & Aluminum
These stocks are worth keeping an eye on as President Trump has implemented a 25% tariff on imported steel and aluminum products.
Stocks to Watch as Trump Announces 25% Tariffs on Steel & Aluminum
Neutral
Bloomberg Markets and Finance
7 hours ago
What Trump's Steel and Aluminum Tariffs Mean for the Metals Market
Bloomberg News Metals & Mining Reporter Joe Deaux joins Bloomberg Businessweek to discuss President Trump's plans to impose 25% tariffs on steel and aluminum imports. -------- More on Bloomberg Television and Markets Like this video?
What Trump's Steel and Aluminum Tariffs Mean for the Metals Market
Positive
Yahoo Finance
13 hours ago
Trump vows to impose 25% tariffs on aluminum, steel
Aluminum and steel stocks surged Monday morning following President Donald Trump's promise to impose 25% tariffs on steel and aluminum imports, with US Steel (X) and Alcoa (AA) leading the sector gains. Other climbing stocks in the sector include Commercial Metals (CMC), Nucor Corporation (NUE), and Cleveland-Cliffs (CLF).
Trump vows to impose 25% tariffs on aluminum, steel
Neutral
Investopedia
13 hours ago
Steel, Aluminum Company Stocks Jump as Trump Plans 25% Tariffs on Imports
Shares of steel and aluminum producers, including Cleveland-Cliffs (CLF) and Nucor (NUE), advanced Monday after President Donald Trump said that he would be implementing a 25% tariff on imports of the two metals.
Steel, Aluminum Company Stocks Jump as Trump Plans 25% Tariffs on Imports
Positive
Schaeffers Research
13 hours ago
2 Steel Stocks to Watch Amid Trump Tariffs
Shares of steel giants  Nucor Corp (NYSE:NUE) and United States Steel Corp (NYSE:X) are surging after President Donald Trump on Sunday announced plans to impose a 25% tariff on steel and aluminum imports.
2 Steel Stocks to Watch Amid Trump Tariffs
Positive
Investors Business Daily
16 hours ago
Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal
Now that steel and aluminum are the next targets for Trump tariffs, Steel Dynamics and Century Aluminum may offer early entries. The post Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal appeared first on Investor's Business Daily.
Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal
Negative
Schaeffers Research
3 days ago
Iron and Steel Stock for Options Bears to Play
Iron & steel stock Nucor Corp (NYSE:NUE) recently climbed from multi-year lows but stalled at the descending 50-day moving average, which could act as a short-term ceiling. This trendline also coincides with a significant May 2023 low at the $129 level.
Iron and Steel Stock for Options Bears to Play
Neutral
MarketBeat
4 days ago
3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Investors have had to deal with a lot of uncertainty lately in the stock market as President Trump has rolled out the latest rounds of tariffs, targeting goods traded with China, Mexico, and Canada first. These policies have created a common view for investors that leans on inflation coming back and domestic business demand falling off a cliff.
3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Positive
CNBC
1 week ago
Steelmakers may benefit from Trump trade salvos, but Wall Street warns of longer-term headwinds
On Saturday, Trump slapped 25% tariffs on imports from Mexico and Canada and a 10% levy on those from China. Although the tariffs on Mexico were delayed for a month early Monday, the levies are expected to make foreign steel more expensive in the United States.
Steelmakers may benefit from Trump trade salvos, but Wall Street warns of longer-term headwinds
Neutral
Invezz
1 week ago
Nucor stock: a must-own investment following tariff news
Nucor Corp (NYSE: NUE) is pushing up this morning after the United States announced its first batch of tariffs against China, Mexico, and even its lifelong ally, Canada. Over the weekend, President Donald Trump raised tariffs by 10% on all imports from China and about 25% each on Mexico and Canada.
Nucor stock: a must-own investment following tariff news
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