NUE - Nucor Corp Stock Price Quote - NYSE:NUE | Morningstar

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NYSE:NUE

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Is it the right time to buy or sell?

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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Key Statistics NUE

Company Profile NUE

Business Description

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.

Contact

1915 Rexford Road
Charlotte, NC, 28211

T +1 704 366-7000

Paul.Donnelly@nucor.com

Sector Basic Materials

Industry Steel

Most Recent Earnings Sep 30, 2022

Fiscal Year End Dec 31, 2022

Employees 28,800

Related News NUE

Stock Analyst Update

Impact of a Possible Infrastructure Bill on Steelmakers

We are maintaining a bearish outlook for steel prices.

Stock Analyst Update

Steel and Aluminum Tariffs Declawed

Additional countries have received exemptions from the Trump administration's tariff program, but our steel and aluminum decks are unchanged on the news.

Stock Strategist Industry Reports

U.S. Steel and Aluminum Makers Would Gain From Commerce Proposals

Even after raising our fair value estimates, though, we still think our coverage is overpriced.

Stock Strategist Industry Reports

Infrastructure Plan Underwhelms

It boasts a big dollar value, but opposition will necessitate revisions.

Kristoffer Inton

Stock Strategist Industry Reports

Steel Rallies on Trump Memo, but Our Outlook Is Still Negative

Protectionist trade policies aren't enough to change our long-term view.

Stock Analyst Update

Nucor's Independence Tube Purchase Is No Surprise

The announcement of additional acquisitions remains a distinct possibility for this steelmaker, thanks to its healthy balance sheet, sizable cash position, and free cash flow generation.

Stock Strategist Industry Reports

Avoid the Steel Trap

Fundamentals indicate trouble ahead for U.S. steelmakers.

Stock Strategist Industry Reports

More Pain Ahead for U.S. Steelmakers

Even after their shares have traded down, we see little upside.

Steelmakers: Investors Should Seek Greener Pastures

With steel prices expected to remain lower for longer, every steelmaker in our coverage universe now operates with a no-moat rating.

Stock Strategist Industry Reports

Steelmaker Valuations Fall

A reduction in our long-term steel price forecast has an outsize effect on more-leveraged firms.

Stock Strategist Industry Reports

High-Quality Steelmaker Steals

We think Nucor and Commercial Metals are undervalued.

3 Stocks Poised to Profit From Trends in Construction

Total non-residential-construction spending is likely to disappoint over the next decade, but growth in construction-heavy industries like manufacturing and highways bodes well for some companies.

Kristoffer Inton

Stock Strategist Industry Reports

The Finest Steel Must Endure the Hottest Fire

Short-term headwinds portend an ugly 2015 for U.S. steelmakers, but stock prices imply overly bearish long-term expectations.

Cheap Iron Ore Is Here to Stay

But a differentiated production process at steelmakers Nucor and Ternium--both trading in 4-star territory--should better position them for the new environment.

Strong Material for a Volatile Sector

This low-cost ETF offers one of the best ways to get exposure to the U.S. materials sector.

Stock Strategist

This Steelmaker's a Steal

DRI production is changing the game for undervalued Nucor.

Quarter-End Insights

China Weighs Heavily on Basic Materials

The faltering Chinese real estate market is weighing on globally fungible commodities like iron ore, while improving developed-country construction markets aid regionally priced commodities like cement.

This Moat Has Steel Walls

Low-cost production and a top-line facility provide a positive moat trend to this narrow-moat company.

Where to Find Small-Cap Winners

Growth and geopolitical concerns have mining and energy names looking attractive, while it's a good time to trim back on health care, says Heartland manager Brad Evans.

Quarter-End Insights

Our Outlook for Basic Materials Stocks

Basic materials companies are in a period of very mixed near-term outlook in terms of end-market demand.

Elizabeth Collins

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