Large-cap Industrials company Nucor has logged a 16.7% change today on a trading volume of 5,340,734. The average volume for the stock is 1,541,596.
Nucor Corporation engages in manufacture and sale of steel and steel products. Based in Charlotte, United States the company has 32,000 full time employees and a market cap of $40,048,414,720. Nucor currently offers its equity investors a dividend that yields 1.5% per year.
The company is now trading 4.02% away from its average analyst target price of $162.22 per share. The 12 analysts following the stock have set target prices ranging from $39.0 to $240.0, and on average give Nucor a rating of buy.
Over the last 12 months NUE shares have declined by -5.5%, which represents a difference of -37.4% when compared to the S&P 500. The stock's 52 week high is $203.0 per share and its 52 week low is $133.42. Based on Nucor's average net margin growth of 6.4% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 34,713,501 | 4,524,801 | 13 | -27.78 |
| 2022 | 41,512,467 | 7,607,337 | 18 | -5.26 |
| 2021 | 36,483,939 | 6,827,461 | 19 | 375.0 |
| 2020 | 20,139,658 | 721,470 | 4 | -33.33 |
| 2019 | 22,588,858 | 1,271,143 | 6 | -33.33 |
| 2018 | 25,067,279 | 2,360,767 | 9 |
