Large-cap Industrials company Nucor has logged a 0.6% change today on a trading volume of 1,098,338. The average volume for the stock is 1,443,471.
Nucor Corporation engages in manufacture and sale of steel and steel products. Based in Charlotte, United States the company has 31,400 full time employees and a market cap of $40,125,841,408. Nucor currently offers its equity investors a dividend that yields 1.3% per year.
The company is now trading 2.82% away from its average analyst target price of $158.75 per share. The 8 analysts following the stock have set target prices ranging from $39.0 to $190.0, and on average give Nucor a rating of buy.
Over the last 52 weeks, NUE stock has risen 9.0%, which amounts to a -8.0% difference compared to the S&P 500. The stock's 52 week high is $182.68 whereas its 52 week low is $129.47 per share. Based on Nucor's average net margin growth of 7.0% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 35,732,926 | 5,366,204 | 15 | -21.05 |
| 2022 | 41,512,467 | 8,079,640 | 19 | -5.0 |
| 2021 | 36,483,939 | 7,122,370 | 20 | 400.0 |
| 2020 | 20,139,658 | 836,028 | 4 | -33.33 |
| 2019 | 22,588,858 | 1,370,910 | 6 | -40.0 |
| 2018 | 25,067,279 | 2,481,084 | 10 |
